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INDICATOR: what changed

Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.

What changed

INDICATOR

BE 0802.252.851
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€43,908
2024 · €24,133+€19,775
Equity
€75,041
2024 · €31,133+€43,908
Cash
€88,927
2024 · €36,997+€51,930
Balance sheet total
€190,305
2024 · €97,609+€92,696

Largest movements

2024 to 2025
Assets
  • Cash +€51,930

    up €51,930 (+140.4%), from €36,997 to €88,927

    mainly Net result for the year (+€43,908) and Trade debts (+€36,924)

  • Receivables within one year +€17,291

    up €17,291 (+30.3%), from €57,112 to €74,403

  • Deferred charges and accrued income +€15,400

    new in 2025: €15,400

  • Current investments +€8,075

    up €8,075 (+230.7%), from €3,500 to €11,575

Equity and liabilities
  • Profit (loss) carried forward +€43,908

    up €43,908 (+181.9%), from €24,133 to €68,041

  • Trade debts +€36,924

    up €36,924 (+67.3%), from €54,883 to €91,807

  • Tax, wage and social debts +€11,864

    up €11,864 (+102.3%), from €11,593 to €23,457

Income statement
  • Gross operating margin +€24,499

    up €24,499 (+79.4%), from €30,873 to €55,372

  • Taxes +€4,971

    up €4,971 (+81.9%), from €6,067 to €11,038

From the 2024 result to the 2025 result

effect on the result

Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.

Result 2024 €24,133
Gross operating margin +€24,499
Other operating charges +€502
Financial income +€21
Financial charges -€276
Taxes -€4,971
Result 2025 €43,908

Cash bridge derived

cash 2024 to 2025

Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€60,005
Investment -€8,075
Financing €0
Cash 2024 €36,997
Net result for the year +€43,908
Receivables within one year -€17,291
Deferred charges and accrued income -€15,400
Trade debts +€36,924
Tax, wage and social debts +€11,864
Current investments -€8,075
Cash 2025 €88,927
Every line side by side 28 lines
Line Code 2024 2025 Change %
Total assets 20/58 €97,609 €190,305 +€92,696 +95.0%
Current assets 29/58 €97,609 €190,305 +€92,696 +95.0%
Amounts receivable within one year 40/41 €57,112 €74,403 +€17,291 +30.3%
Trade receivables 40 €57,112 €74,403 +€17,291 +30.3%
Current investments 50/53 €3,500 €11,575 +€8,075 +230.7%
Cash at bank and in hand 54/58 €36,997 €88,927 +€51,930 +140.4%
Deferred charges and accrued income 490/1 - €15,400 +€15,400
Total equity and liabilities 10/49 €97,609 €190,305 +€92,696 +95.0%
Equity 10/15 €31,133 €75,041 +€43,908 +141.0%
Contributions 10/11 €7,000 €7,000 = 0.0%
Profit (loss) carried forward 14 €24,133 €68,041 +€43,908 +181.9%
Amounts payable 17/49 €66,476 €115,264 +€48,788 +73.4%
Amounts payable within one year 42/48 €66,476 €115,264 +€48,788 +73.4%
Trade debts 44 €54,883 €91,807 +€36,924 +67.3%
Suppliers 440/4 €54,883 €91,807 +€36,924 +67.3%
Taxes, remuneration and social security 45 €11,593 €23,457 +€11,864 +102.3%
Taxes 450/3 €11,593 €23,457 +€11,864 +102.3%
Other operating charges 640/8 €673 €171 -€502 -74.6%
Gross operating margin 9900 €30,873 €55,372 +€24,499 +79.4%
Operating profit (loss) 9901 €30,200 €55,201 +€25,001 +82.8%
Financial income 75/76B - €21 +€21
Recurring financial income 75 - €21 +€21
Financial charges 65/66B - €276 +€276
Recurring financial charges 65 - €276 +€276
Profit (loss) for the period before taxes 9903 €30,200 €54,946 +€24,746 +81.9%
Income taxes 67/77 €6,067 €11,038 +€4,971 +81.9%
Profit (loss) for the period 9904 €24,133 €43,908 +€19,775 +81.9%
Profit (loss) for the period to be appropriated 9905 €24,133 €43,908 +€19,775 +81.9%

Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.