INDUSTRIAL MECHANICAL ENGINEERING: 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 MECHANICAL ENGINEERING
Largest movements
- Current investments -€174,527
down €174,527 (-23.0%), from €757,427 to €582,899
- Receivables within one year +€62,027
up €62,027 (+151%), from €41,132 to €103,159
of which Trade receivables: +€63,599
- Tangible fixed assets -€58,086
down €58,086 (-8.6%), from €678,923 to €620,837
of which Land and buildings: -€37,609
- Cash -€52,850
down €52,850 (-19.2%), from €274,825 to €221,975
mainly Contributions, distributions and other (-€394,132) and Receivables within one year (-€62,027)
- Deferred charges and accrued income +€28,485
up €28,485 (+91.5%), from €31,118 to €59,603
- Reserves -€238,864
down €238,864 (-13.9%), from €1.7m to €1.5m
of which Distributable reserves: -€238,864
- Trade debts +€37,923
up €37,923 (+374%), from €10,142 to €48,065
- Financial income +€51,612
up €51,612 (+466%), from €11,073 to €62,686
- Taxes +€21,209
up €21,209 (+41.1%), from €51,551 to €72,759
- Gross operating margin +€16,831
up €16,831 (+7.1%), from €236,122 to €252,953
- Financial charges +€8,646
up €8,646, from -€6,384 to €2,261
- Other operating charges -€7,546
down €7,546 (-37.6%), from €20,075 to €12,529
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 | €1,783,530 | €1,588,473 | -€195,057 | -10.9% |
| Fixed assets | 21/28 | €679,028 | €620,837 | -€58,191 | -8.6% |
| Intangible fixed assets | 21 | €105 | - | -€105 | |
| Tangible fixed assets | 22/27 | €678,923 | €620,837 | -€58,086 | -8.6% |
| Land and buildings | 22 | €582,204 | €544,595 | -€37,609 | -6.5% |
| Plant, machinery and equipment | 23 | €11,441 | €5,273 | -€6,167 | -53.9% |
| Furniture and vehicles | 24 | €80,428 | €66,119 | -€14,309 | -17.8% |
| Other tangible fixed assets | 26 | €4,850 | €4,850 | = | 0.0% |
| Current assets | 29/58 | €1,104,502 | €967,636 | -€136,866 | -12.4% |
| Amounts receivable within one year | 40/41 | €41,132 | €103,159 | +€62,027 | +151% |
| Trade receivables | 40 | €38,998 | €102,597 | +€63,599 | +163% |
| Other amounts receivable | 41 | €2,134 | €562 | -€1,572 | -73.7% |
| Current investments | 50/53 | €757,427 | €582,899 | -€174,527 | -23.0% |
| Cash at bank and in hand | 54/58 | €274,825 | €221,975 | -€52,850 | -19.2% |
| Deferred charges and accrued income | 490/1 | €31,118 | €59,603 | +€28,485 | +91.5% |
| Total equity and liabilities | 10/49 | €1,783,530 | €1,588,473 | -€195,057 | -10.9% |
| Equity | 10/15 | €1,739,818 | €1,500,955 | -€238,864 | -13.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,721,218 | €1,482,355 | -€238,864 | -13.9% |
| Tax-exempt reserves | 132 | €20,350 | €20,350 | = | 0.0% |
| Distributable reserves | 133 | €1,700,868 | €1,462,005 | -€238,864 | -14.0% |
| Amounts payable | 17/49 | €43,712 | €87,518 | +€43,806 | +100% |
| Amounts payable within one year | 42/48 | €43,712 | €87,246 | +€43,534 | +99.6% |
| Trade debts | 44 | €10,142 | €48,065 | +€37,923 | +374% |
| Suppliers | 440/4 | €10,142 | €48,065 | +€37,923 | +374% |
| Taxes, remuneration and social security | 45 | €30,606 | €39,181 | +€8,576 | +28.0% |
| Taxes | 450/3 | €27,926 | €36,484 | +€8,558 | +30.6% |
| Remuneration and social security | 454/9 | €2,680 | €2,697 | +€18 | +0.7% |
| Other amounts payable | 47/48 | €2,964 | - | -€2,964 | |
| Accrued charges and deferred income | 492/3 | - | €272 | +€272 | |
| Non-recurring operating income | 76A | €7,651 | - | -€7,651 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €79,220 | €72,820 | -€6,400 | -8.1% |
| Other operating charges | 640/8 | €20,075 | €12,529 | -€7,546 | -37.6% |
| Gross operating margin | 9900 | €236,122 | €252,953 | +€16,831 | +7.1% |
| Operating profit (loss) | 9901 | €136,826 | €167,604 | +€30,777 | +22.5% |
| Financial income | 75/76B | €11,073 | €62,686 | +€51,612 | +466% |
| Recurring financial income | 75 | €11,073 | €62,686 | +€51,612 | +466% |
| Financial charges | 65/66B | -€6,384 | €2,261 | +€8,646 | |
| Recurring financial charges | 65 | -€6,384 | €2,261 | +€8,646 | |
| Profit (loss) for the period before taxes | 9903 | €154,284 | €228,028 | +€73,744 | +47.8% |
| Income taxes | 67/77 | €51,551 | €72,759 | +€21,209 | +41.1% |
| Profit (loss) for the period | 9904 | €102,734 | €155,269 | +€52,535 | +51.1% |
| Profit (loss) for the period to be appropriated | 9905 | €102,734 | €155,269 | +€52,535 | +51.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.