LENGINEERING: 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.
LENGINEERING
Largest movements
- Cash +€27,993
up €27,993 (+37.4%), from €74,939 to €102,932
mainly Net result for the year (+€42,826) and Tax, wage and social debts (+€11,395)
- Receivables within one year +€22,271
up €22,271 (+93.0%), from €23,958 to €46,228
of which Other amounts receivable: +€19,193
- Reserves +€42,826
up €42,826 (+50.0%), from €85,629 to €128,455
- Tax, wage and social debts +€11,395
up €11,395 (+49.5%), from €23,001 to €34,396
of which Taxes: +€11,225
- Trade debts -€5,244
down €5,244 (-59.7%), from €8,785 to €3,542
- Gross operating margin -€23,520
down €23,520 (-28.2%), from €83,380 to €59,860
- Taxes -€4,614
down €4,614 (-29.2%), from €15,788 to €11,174
- Depreciation +€2,660
up €2,660 (+77.4%), from €3,434 to €6,094
- Financial income +€973
up €973 (+3268.2%), from €30 to €1,003
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 | €122,999 | €171,393 | +€48,394 | +39.3% |
| Fixed assets | 21/28 | €21,292 | €19,692 | -€1,599 | -7.5% |
| Tangible fixed assets | 22/27 | €21,292 | €19,692 | -€1,599 | -7.5% |
| Plant, machinery and equipment | 23 | €18,358 | €17,503 | -€855 | -4.7% |
| Furniture and vehicles | 24 | €2,934 | €2,189 | -€745 | -25.4% |
| Current assets | 29/58 | €101,707 | €151,701 | +€49,994 | +49.2% |
| Amounts receivable within one year | 40/41 | €23,958 | €46,228 | +€22,271 | +93.0% |
| Trade receivables | 40 | €23,958 | €27,036 | +€3,078 | +12.8% |
| Other amounts receivable | 41 | - | €19,193 | +€19,193 | |
| Cash at bank and in hand | 54/58 | €74,939 | €102,932 | +€27,993 | +37.4% |
| Deferred charges and accrued income | 490/1 | €2,811 | €2,541 | -€270 | -9.6% |
| Total equity and liabilities | 10/49 | €122,999 | €171,393 | +€48,394 | +39.3% |
| Equity | 10/15 | €90,629 | €133,455 | +€42,826 | +47.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €85,629 | €128,455 | +€42,826 | +50.0% |
| Distributable reserves | 133 | €85,629 | €128,455 | +€42,826 | +50.0% |
| Amounts payable | 17/49 | €32,370 | €37,938 | +€5,568 | +17.2% |
| Amounts payable within one year | 42/48 | €32,370 | €37,938 | +€5,568 | +17.2% |
| Trade debts | 44 | €8,785 | €3,542 | -€5,244 | -59.7% |
| Suppliers | 440/4 | €8,785 | €3,542 | -€5,244 | -59.7% |
| Taxes, remuneration and social security | 45 | €23,001 | €34,396 | +€11,395 | +49.5% |
| Taxes | 450/3 | €22,273 | €33,499 | +€11,225 | +50.4% |
| Remuneration and social security | 454/9 | €728 | €897 | +€170 | +23.3% |
| Other amounts payable | 47/48 | €583 | - | -€583 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,434 | €6,094 | +€2,660 | +77.4% |
| Other operating charges | 640/8 | €27 | €482 | +€456 | +1703.8% |
| Gross operating margin | 9900 | €83,380 | €59,860 | -€23,520 | -28.2% |
| Operating profit (loss) | 9901 | €79,919 | €53,283 | -€26,636 | -33.3% |
| Financial income | 75/76B | €30 | €1,003 | +€973 | +3268.2% |
| Recurring financial income | 75 | €30 | €1,003 | +€973 | +3268.2% |
| Financial charges | 65/66B | €44 | €286 | +€242 | +552.0% |
| Recurring financial charges | 65 | €44 | €286 | +€242 | +552.0% |
| Profit (loss) for the period before taxes | 9903 | €79,905 | €54,000 | -€25,905 | -32.4% |
| Income taxes | 67/77 | €15,788 | €11,174 | -€4,614 | -29.2% |
| Profit (loss) for the period | 9904 | €64,117 | €42,826 | -€21,291 | -33.2% |
| Profit (loss) for the period to be appropriated | 9905 | €64,117 | €42,826 | -€21,291 | -33.2% |
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 28 September 2026 via checked.be.