Mengine: 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.
Mengine
Largest movements
- Cash +€33,468
up €33,468 (+16.9%), from €197,990 to €231,458
mainly Net result for the year (+€39,275) and Depreciation (+€14,084)
- Tangible fixed assets -€8,757
down €8,757 (-39.5%), from €22,160 to €13,404
of which Furniture and vehicles: -€9,177
- Profit (loss) carried forward +€39,275
up €39,275 (+21.2%), from €185,061 to €224,336
- Debts after one year -€7,708
down €7,708 (-100%), from €7,708 to €0
- Other debts -€5,310
down €5,310 (-100%), from €5,310 to €0
- Gross operating margin +€1,758
up €1,758 (+2.7%), from €65,427 to €67,184
- Depreciation +€1,330
up €1,330 (+10.4%), from €12,754 to €14,084
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 | €235,453 | €261,276 | +€25,823 | +11.0% |
| Fixed assets | 21/28 | €22,160 | €13,404 | -€8,757 | -39.5% |
| Tangible fixed assets | 22/27 | €22,160 | €13,404 | -€8,757 | -39.5% |
| Plant, machinery and equipment | 23 | - | €1,156 | +€1,156 | |
| Furniture and vehicles | 24 | €17,492 | €8,315 | -€9,177 | -52.5% |
| Other tangible fixed assets | 26 | €4,669 | €3,933 | -€736 | -15.8% |
| Current assets | 29/58 | €213,293 | €247,872 | +€34,579 | +16.2% |
| Amounts receivable within one year | 40/41 | €14,757 | €15,396 | +€639 | +4.3% |
| Trade receivables | 40 | €12,384 | €13,431 | +€1,047 | +8.5% |
| Other amounts receivable | 41 | €2,373 | €1,965 | -€408 | -17.2% |
| Cash at bank and in hand | 54/58 | €197,990 | €231,458 | +€33,468 | +16.9% |
| Deferred charges and accrued income | 490/1 | €546 | €1,019 | +€473 | +86.5% |
| Total equity and liabilities | 10/49 | €235,453 | €261,276 | +€25,823 | +11.0% |
| Equity | 10/15 | €205,521 | €244,796 | +€39,275 | +19.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €185,061 | €224,336 | +€39,275 | +21.2% |
| Amounts payable | 17/49 | €29,932 | €16,479 | -€13,453 | -44.9% |
| Amounts payable after more than one year | 17 | €7,708 | €0 | -€7,708 | -100% |
| Financial debts | 170/4 | €7,708 | €0 | -€7,708 | -100% |
| Amounts payable within one year | 42/48 | €22,149 | €16,385 | -€5,764 | -26.0% |
| Current portion of amounts payable after more than one year | 42 | €9,807 | €7,708 | -€2,099 | -21.4% |
| Trade debts | 44 | €857 | €1,484 | +€627 | +73.2% |
| Suppliers | 440/4 | €857 | €1,484 | +€627 | +73.2% |
| Taxes, remuneration and social security | 45 | €6,175 | €7,192 | +€1,017 | +16.5% |
| Taxes | 450/3 | €6,175 | €7,192 | +€1,017 | +16.5% |
| Other amounts payable | 47/48 | €5,310 | €0 | -€5,310 | -100% |
| Accrued charges and deferred income | 492/3 | €75 | €95 | +€20 | +26.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,754 | €14,084 | +€1,330 | +10.4% |
| Other operating charges | 640/8 | €1,012 | €961 | -€52 | -5.1% |
| Gross operating margin | 9900 | €65,427 | €67,184 | +€1,758 | +2.7% |
| Operating profit (loss) | 9901 | €51,660 | €52,139 | +€479 | +0.9% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €353 | €440 | +€87 | +24.7% |
| Recurring financial charges | 65 | €353 | €440 | +€87 | +24.7% |
| Profit (loss) for the period before taxes | 9903 | €51,307 | €51,699 | +€392 | +0.8% |
| Income taxes | 67/77 | €12,403 | €12,424 | +€21 | +0.2% |
| Profit (loss) for the period | 9904 | €38,904 | €39,275 | +€371 | +1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €38,904 | €39,275 | +€371 | +1.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.