Iwens Engineering & Consultancy: 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.
Iwens Engineering & Consultancy
Largest movements
- Receivables within one year +€25,953
up €25,953 (+138.3%), from €18,764 to €44,717
of which Trade receivables: +€19,060
- Cash +€17,939
up €17,939 (+19.6%), from €91,363 to €109,303
mainly Trade debts (+€42,272) and Net result for the year (+€8,201)
- Tangible fixed assets +€9,665
up €9,665 (+361.4%), from €2,674 to €12,339
of which Plant, machinery and equipment: +€6,731
- Trade debts +€42,272
up €42,272 (+2672.3%), from €1,582 to €43,854
- Reserves +€8,201
up €8,201 (+12.0%), from €68,605 to €76,806
- Tax, wage and social debts +€3,466
up €3,466 (+117.5%), from €2,949 to €6,414
- Gross operating margin -€19,010
down €19,010 (-57.8%), from €32,873 to €13,863
- Taxes -€4,680
down €4,680 (-52.1%), from €8,987 to €4,307
- Financial charges -€541
down €541 (-65.7%), from €823 to €282
- Depreciation +€487
up €487 (+62.7%), from €777 to €1,264
- Financial income +€361
up €361 (+3606000.0%), from €0 to €361
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 | €117,252 | €171,124 | +€53,873 | +45.9% |
| Fixed assets | 21/28 | €2,674 | €12,339 | +€9,665 | +361.4% |
| Tangible fixed assets | 22/27 | €2,674 | €12,339 | +€9,665 | +361.4% |
| Land and buildings | 22 | €2,397 | €1,893 | -€504 | -21.0% |
| Plant, machinery and equipment | 23 | €277 | €7,008 | +€6,731 | +2427.5% |
| Furniture and vehicles | 24 | - | €3,438 | +€3,438 | |
| Current assets | 29/58 | €114,578 | €158,785 | +€44,208 | +38.6% |
| Amounts receivable within one year | 40/41 | €18,764 | €44,717 | +€25,953 | +138.3% |
| Trade receivables | 40 | €14,714 | €33,773 | +€19,060 | +129.5% |
| Other amounts receivable | 41 | €4,050 | €10,944 | +€6,893 | +170.2% |
| Cash at bank and in hand | 54/58 | €91,363 | €109,303 | +€17,939 | +19.6% |
| Deferred charges and accrued income | 490/1 | €4,450 | €4,766 | +€315 | +7.1% |
| Total equity and liabilities | 10/49 | €117,252 | €171,124 | +€53,873 | +45.9% |
| Equity | 10/15 | €112,655 | €120,856 | +€8,201 | +7.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €68,605 | €76,806 | +€8,201 | +12.0% |
| Distributable reserves | 133 | €68,605 | €76,806 | +€8,201 | +12.0% |
| Profit (loss) carried forward | 14 | €37,850 | €37,850 | = | 0.0% |
| Amounts payable | 17/49 | €4,596 | €50,268 | +€45,672 | +993.6% |
| Amounts payable within one year | 42/48 | €4,530 | €50,268 | +€45,738 | +1009.6% |
| Trade debts | 44 | €1,582 | €43,854 | +€42,272 | +2672.3% |
| Suppliers | 440/4 | €1,582 | €43,854 | +€42,272 | +2672.3% |
| Taxes, remuneration and social security | 45 | €2,949 | €6,414 | +€3,466 | +117.5% |
| Taxes | 450/3 | €2,949 | €6,414 | +€3,466 | +117.5% |
| Accrued charges and deferred income | 492/3 | €66 | - | -€66 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €777 | €1,264 | +€487 | +62.7% |
| Other operating charges | 640/8 | €187 | €170 | -€17 | -9.2% |
| Gross operating margin | 9900 | €32,873 | €13,863 | -€19,010 | -57.8% |
| Operating profit (loss) | 9901 | €31,909 | €12,429 | -€19,480 | -61.0% |
| Financial income | 75/76B | €0 | €361 | +€361 | +3606000.0% |
| Recurring financial income | 75 | €0 | €361 | +€361 | +3606000.0% |
| Financial charges | 65/66B | €823 | €282 | -€541 | -65.7% |
| Recurring financial charges | 65 | €823 | €282 | -€541 | -65.7% |
| Profit (loss) for the period before taxes | 9903 | €31,086 | €12,508 | -€18,578 | -59.8% |
| Income taxes | 67/77 | €8,987 | €4,307 | -€4,680 | -52.1% |
| Profit (loss) for the period | 9904 | €22,099 | €8,201 | -€13,899 | -62.9% |
| Profit (loss) for the period to be appropriated | 9905 | €22,099 | €8,201 | -€13,899 | -62.9% |
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 12 October 2026 via checked.be.