INDUSTRIAL ENGINEERING SUPPORT: 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.
INDUSTRIAL ENGINEERING SUPPORT
Largest movements
- Financial fixed assets -€353,892
down €353,892 (-84.3%), from €420,000 to €66,108
- Receivables within one year -€102,334
down €102,334 (-22.1%), from €462,778 to €360,444
of which Trade receivables: -€77,388
- Debts after one year -€406,221
down €406,221 (-56.9%), from €713,443 to €307,222
of which Financial debts: -€300,000
- Current portion of long-term debt -€29,526
down €29,526 (-61.8%), from €47,745 to €18,219
- Tax, wage and social debts -€19,301
down €19,301 (-72.0%), from €26,802 to €7,501
of which Remuneration and social security: -€17,101
- Trade debts -€13,631
down €13,631 (-37.4%), from €36,462 to €22,831
- Purchases and services -€220,473
down €220,473 (-55.3%), from €398,513 to €178,040
- Gross operating margin -€211,845
down €211,845 (-45.5%), from €465,473 to €253,628
- Staff costs -€171,555
down €171,555 (-43.5%), from €394,656 to €223,101
- Financial charges -€29,724
down €29,724 (-84.9%), from €35,028 to €5,304
- Financial income +€8,574
up €8,574 (+9526.7%), from €90 to €8,664
From the 2024 result to the 2025 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.
Cash bridge derived
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €903,902 | €439,007 | -€464,895 | -51.4% |
| Fixed assets | 21/28 | €439,547 | €77,339 | -€362,208 | -82.4% |
| Intangible fixed assets | 21 | €157 | - | -€157 | |
| Tangible fixed assets | 22/27 | €19,390 | €11,231 | -€8,159 | -42.1% |
| Plant, machinery and equipment | 23 | - | €2,100 | +€2,100 | |
| Furniture and vehicles | 24 | €17,688 | €9,130 | -€8,558 | -48.4% |
| Other tangible fixed assets | 26 | €1,702 | €1 | -€1,701 | -99.9% |
| Financial fixed assets | 28 | €420,000 | €66,108 | -€353,892 | -84.3% |
| Current assets | 29/58 | €464,355 | €361,668 | -€102,687 | -22.1% |
| Amounts receivable within one year | 40/41 | €462,778 | €360,444 | -€102,334 | -22.1% |
| Trade receivables | 40 | €140,756 | €63,368 | -€77,388 | -55.0% |
| Other amounts receivable | 41 | €322,022 | €297,076 | -€24,946 | -7.7% |
| Cash at bank and in hand | 54/58 | €1,577 | €1,224 | -€353 | -22.4% |
| Total equity and liabilities | 10/49 | €903,902 | €439,007 | -€464,895 | -51.4% |
| Equity | 10/15 | €79,450 | €77,534 | -€1,916 | -2.4% |
| Contributions | 10/11 | €67,000 | €61,500 | -€5,500 | -8.2% |
| Capital | 10 | €67,000 | €61,500 | -€5,500 | -8.2% |
| Issued capital | 100 | €67,000 | €61,500 | -€5,500 | -8.2% |
| Reserves | 13 | €6,700 | €6,700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,700 | €6,700 | = | 0.0% |
| Legal reserve | 130 | €6,700 | €6,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,750 | €9,334 | +€3,584 | +62.3% |
| Amounts payable | 17/49 | €824,452 | €361,473 | -€462,979 | -56.2% |
| Amounts payable after more than one year | 17 | €713,443 | €307,222 | -€406,221 | -56.9% |
| Financial debts | 170/4 | €350,000 | €50,000 | -€300,000 | -85.7% |
| Other amounts payable | 178/9 | €363,443 | €257,222 | -€106,221 | -29.2% |
| Amounts payable within one year | 42/48 | €111,009 | €54,251 | -€56,758 | -51.1% |
| Current portion of amounts payable after more than one year | 42 | €47,745 | €18,219 | -€29,526 | -61.8% |
| Trade debts | 44 | €36,462 | €22,831 | -€13,631 | -37.4% |
| Suppliers | 440/4 | €36,462 | €22,831 | -€13,631 | -37.4% |
| Taxes, remuneration and social security | 45 | €26,802 | €7,501 | -€19,301 | -72.0% |
| Taxes | 450/3 | €8,238 | €6,038 | -€2,200 | -26.7% |
| Remuneration and social security | 454/9 | €18,564 | €1,463 | -€17,101 | -92.1% |
| Other amounts payable | 47/48 | - | €5,700 | +€5,700 | |
| Non-recurring operating income | 76A | €246 | - | -€246 | |
| Goods, raw materials, services and sundry goods | 60/61 | €398,513 | €178,040 | -€220,473 | -55.3% |
| Remuneration, social security and pensions | 62 | €394,656 | €223,101 | -€171,555 | -43.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,230 | €10,539 | -€2,691 | -20.3% |
| Other operating charges | 640/8 | €12,174 | €8,448 | -€3,726 | -30.6% |
| Gross operating margin | 9900 | €465,473 | €253,628 | -€211,845 | -45.5% |
| Operating profit (loss) | 9901 | €45,413 | €11,540 | -€33,873 | -74.6% |
| Financial income | 75/76B | €90 | €8,664 | +€8,574 | +9526.7% |
| Recurring financial income | 75 | €90 | €8,664 | +€8,574 | +9526.7% |
| Financial charges | 65/66B | €35,028 | €5,304 | -€29,724 | -84.9% |
| Recurring financial charges | 65 | €35,028 | €5,304 | -€29,724 | -84.9% |
| Profit (loss) for the period before taxes | 9903 | €10,475 | €14,900 | +€4,425 | +42.2% |
| Income taxes | 67/77 | €7,997 | €11,316 | +€3,319 | +41.5% |
| Profit (loss) for the period | 9904 | €2,478 | €3,584 | +€1,106 | +44.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,478 | €3,584 | +€1,106 | +44.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.