INDUSTRIAL MAINTENANCE ENGINEERS: what changed
Two financial 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 MAINTENANCE ENGINEERS
Largest movements
- Tangible fixed assets +€188,442
up €188,442 (+59.1%), from €318,762 to €507,204
- Cash -€67,475
down €67,475 (-91.2%), from €73,997 to €6,522
mainly Investment in fixed assets (net) (-€206,847) and Net result for the year (-€45,053)
- Receivables within one year -€10,465
down €10,465 (-66.4%), from €15,765 to €5,300
of which Other amounts receivable: -€15,765
- Debts after one year +€178,991
up €178,991 (+10.6%), from €1.7m to €1.9m
of which Financial debts: +€174,683
- Profit (loss) carried forward -€45,053
down €45,053 (-2.4%), from -€1.9m to -€1.9m
- Other debts -€28,573
down €28,573 (-6.6%), from €430,189 to €401,617
- Gross operating margin +€31,976
up €31,976, from -€24,556 to €7,420
- Depreciation +€13,816
up €13,816 (+338%), from €4,090 to €17,906
- Financial charges +€12,233
up €12,233 (+56.1%), from €21,807 to €34,040
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.
Derived cash bridge
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 | €408,525 | €519,526 | +€111,001 | +27.2% |
| Fixed assets | 21/28 | €318,762 | €507,704 | +€188,942 | +59.3% |
| Tangible fixed assets | 22/27 | €318,762 | €507,204 | +€188,442 | +59.1% |
| Land and buildings | 22 | €318,762 | €507,204 | +€188,442 | +59.1% |
| Financial fixed assets | 28 | - | €500 | +€500 | |
| Current assets | 29/58 | €89,762 | €11,822 | -€77,940 | -86.8% |
| Amounts receivable within one year | 40/41 | €15,765 | €5,300 | -€10,465 | -66.4% |
| Trade receivables | 40 | - | €5,300 | +€5,300 | |
| Other amounts receivable | 41 | €15,765 | - | -€15,765 | |
| Cash at bank and in hand | 54/58 | €73,997 | €6,522 | -€67,475 | -91.2% |
| Total equity and liabilities | 10/49 | €408,525 | €519,526 | +€111,001 | +27.2% |
| Equity | 10/15 | -€1,736,462 | -€1,781,515 | -€45,053 | -2.6% |
| Contributions | 10/11 | €140,470 | €140,470 | = | 0.0% |
| Capital | 10 | €140,470 | €140,470 | = | 0.0% |
| Issued capital | 100 | €140,470 | €140,470 | = | 0.0% |
| Reserves | 13 | €14,047 | €14,047 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,047 | €14,047 | = | 0.0% |
| Legal reserve | 130 | €14,047 | €14,047 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,890,979 | -€1,936,032 | -€45,053 | -2.4% |
| Amounts payable | 17/49 | €2,144,987 | €2,301,041 | +€156,055 | +7.3% |
| Amounts payable after more than one year | 17 | €1,694,249 | €1,873,240 | +€178,991 | +10.6% |
| Financial debts | 170/4 | €1,694,249 | €1,868,931 | +€174,683 | +10.3% |
| Other amounts payable | 178/9 | - | €4,309 | +€4,309 | |
| Amounts payable within one year | 42/48 | €450,738 | €427,801 | -€22,937 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €20,549 | €25,520 | +€4,972 | +24.2% |
| Taxes, remuneration and social security | 45 | - | €665 | +€665 | |
| Taxes | 450/3 | - | €665 | +€665 | |
| Other amounts payable | 47/48 | €430,189 | €401,617 | -€28,573 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,090 | €17,906 | +€13,816 | +338% |
| Other operating charges | 640/8 | €526 | €528 | +€1 | +0.2% |
| Gross operating margin | 9900 | -€24,556 | €7,420 | +€31,976 | |
| Operating profit (loss) | 9901 | -€29,172 | -€11,013 | +€18,159 | +62.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €21,807 | €34,040 | +€12,233 | +56.1% |
| Recurring financial charges | 65 | €21,807 | €34,040 | +€12,233 | +56.1% |
| Profit (loss) for the period before taxes | 9903 | -€50,979 | -€45,053 | +€5,926 | +11.6% |
| Profit (loss) for the period | 9904 | -€50,979 | -€45,053 | +€5,926 | +11.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€50,979 | -€45,053 | +€5,926 | +11.6% |
Source: filed annual accounts (NBB), financial years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.