MengineerX: 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.
MengineerX
Largest movements
- Receivables within one year +€53,868
up €53,868 (+144.0%), from €37,410 to €91,277
of which Trade receivables: +€54,331
- Deferred charges and accrued income +€37,526
up €37,526, from €0 to €37,526
- Cash +€17,052
up €17,052 (+68621.5%), from €25 to €17,077
mainly Trade debts (+€145,812) and Net result for the year (+€50,250)
- Tangible fixed assets -€3,891
down €3,891 (-3.2%), from €122,828 to €118,937
of which Land and buildings: -€3,228
- Trade debts +€145,812
up €145,812 (+698.7%), from €20,868 to €166,681
- Other debts -€65,416
down €65,416 (-96.3%), from €67,961 to €2,545
- Profit (loss) carried forward +€50,250
up €50,250, from -€2,026 to €48,225
- Tax, wage and social debts -€26,091
down €26,091 (-90.5%), from €28,824 to €2,732
- Turnover +€88,743
new in 2025: €88,743
- Purchases and services +€33,531
new in 2025: €33,531
- Taxes -€10,190
no longer reported in 2025 (was €10,190)
- Other operating charges -€3,475
down €3,475 (-86.9%), from €4,000 to €525
- Gross operating margin +€3,415
up €3,415 (+6.6%), from €51,797 to €55,212
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 | €160,262 | €264,817 | +€104,555 | +65.2% |
| Fixed assets | 21/28 | €122,828 | €118,937 | -€3,891 | -3.2% |
| Tangible fixed assets | 22/27 | €122,828 | €118,937 | -€3,891 | -3.2% |
| Land and buildings | 22 | €120,764 | €117,536 | -€3,228 | -2.7% |
| Plant, machinery and equipment | 23 | €458 | €348 | -€110 | -24.0% |
| Furniture and vehicles | 24 | €1,606 | €1,053 | -€553 | -34.4% |
| Current assets | 29/58 | €37,434 | €145,881 | +€108,446 | +289.7% |
| Amounts receivable within one year | 40/41 | €37,410 | €91,277 | +€53,868 | +144.0% |
| Trade receivables | 40 | €36,947 | €91,277 | +€54,331 | +147.1% |
| Other amounts receivable | 41 | €463 | - | -€463 | |
| Cash at bank and in hand | 54/58 | €25 | €17,077 | +€17,052 | +68621.5% |
| Deferred charges and accrued income | 490/1 | €0 | €37,526 | +€37,526 | |
| Total equity and liabilities | 10/49 | €160,262 | €264,817 | +€104,555 | +65.2% |
| Equity | 10/15 | €42,610 | €92,860 | +€50,250 | +117.9% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €44,535 | €44,535 | = | 0.0% |
| Distributable reserves | 133 | €44,535 | €44,535 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,026 | €48,225 | +€50,250 | |
| Amounts payable | 17/49 | €117,653 | €171,958 | +€54,305 | +46.2% |
| Amounts payable within one year | 42/48 | €117,653 | €171,958 | +€54,305 | +46.2% |
| Trade debts | 44 | €20,868 | €166,681 | +€145,812 | +698.7% |
| Suppliers | 440/4 | €20,868 | €166,681 | +€145,812 | +698.7% |
| Taxes, remuneration and social security | 45 | €28,824 | €2,732 | -€26,091 | -90.5% |
| Taxes | 450/3 | €28,824 | €2,732 | -€26,091 | -90.5% |
| Other amounts payable | 47/48 | €67,961 | €2,545 | -€65,416 | -96.3% |
| Turnover | 70 | - | €88,743 | +€88,743 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €33,531 | +€33,531 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,246 | €4,260 | +€1,014 | +31.3% |
| Other operating charges | 640/8 | €4,000 | €525 | -€3,475 | -86.9% |
| Gross operating margin | 9900 | €51,797 | €55,212 | +€3,415 | +6.6% |
| Operating profit (loss) | 9901 | €44,552 | €50,427 | +€5,876 | +13.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €187 | €177 | -€10 | -5.2% |
| Recurring financial charges | 65 | €187 | €177 | -€10 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | €44,365 | €50,250 | +€5,885 | +13.3% |
| Income taxes | 67/77 | €10,190 | - | -€10,190 | |
| Profit (loss) for the period | 9904 | €34,175 | €50,250 | +€16,075 | +47.0% |
| Profit (loss) for the period to be appropriated | 9905 | €34,175 | €50,250 | +€16,075 | +47.0% |
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 1 October 2026 via checked.be.