MOERMAN ENGINEERING CONSULTING: 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.
MOERMAN ENGINEERING CONSULTING
Largest movements
- Cash +€10,415
up €10,415 (+42.3%), from €24,646 to €35,061
mainly Net result for the year (+€16,537) and Tax, wage and social debts (+€6,953)
- Receivables within one year -€4,280
down €4,280 (-15.0%), from €28,614 to €24,334
of which Other amounts receivable: -€3,325
- Tangible fixed assets +€1,642
up €1,642 (+13.6%), from €12,050 to €13,692
of which Furniture and vehicles: +€4,037
- Reserves +€16,537
up €16,537 (+174%), from €9,508 to €26,045
- Other debts -€9,390
down €9,390 (-74.7%), from €12,573 to €3,182
- Tax, wage and social debts +€6,953
up €6,953 (+67.4%), from €10,312 to €17,264
- Short-term financial debts -€5,455
down €5,455 (-100%), from €5,455 to €0
- Current portion of long-term debt +€3,796
up €3,796 (+163%), from €2,328 to €6,123
- Gross operating margin +€25,053
up €25,053 (+465%), from €5,389 to €30,442
- Taxes +€5,685
up €5,685 (+851%), from €668 to €6,353
- Financial charges -€2,481
down €2,481 (-41.8%), from €5,940 to €3,459
of which Non-recurring financial charges: -€1,692
- Depreciation +€526
up €526 (+18.6%), from €2,832 to €3,358
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 | €68,108 | €75,792 | +€7,684 | +11.3% |
| Fixed assets | 21/28 | €12,050 | €13,692 | +€1,642 | +13.6% |
| Tangible fixed assets | 22/27 | €12,050 | €13,692 | +€1,642 | +13.6% |
| Land and buildings | 22 | €11,058 | €9,002 | -€2,055 | -18.6% |
| Plant, machinery and equipment | 23 | €992 | €653 | -€339 | -34.2% |
| Furniture and vehicles | 24 | - | €4,037 | +€4,037 | |
| Current assets | 29/58 | €56,058 | €62,100 | +€6,042 | +10.8% |
| Amounts receivable within one year | 40/41 | €28,614 | €24,334 | -€4,280 | -15.0% |
| Trade receivables | 40 | €25,243 | €24,287 | -€955 | -3.8% |
| Other amounts receivable | 41 | €3,372 | €47 | -€3,325 | -98.6% |
| Cash at bank and in hand | 54/58 | €24,646 | €35,061 | +€10,415 | +42.3% |
| Deferred charges and accrued income | 490/1 | €2,798 | €2,705 | -€93 | -3.3% |
| Total equity and liabilities | 10/49 | €68,108 | €75,792 | +€7,684 | +11.3% |
| Equity | 10/15 | €29,508 | €46,045 | +€16,537 | +56.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €9,508 | €26,045 | +€16,537 | +174% |
| Distributable reserves | 133 | €9,508 | €26,045 | +€16,537 | +174% |
| Amounts payable | 17/49 | €38,600 | €29,747 | -€8,853 | -22.9% |
| Amounts payable after more than one year | 17 | €4,003 | €1,620 | -€2,383 | -59.5% |
| Financial debts | 170/4 | €4,003 | €1,620 | -€2,383 | -59.5% |
| Amounts payable within one year | 42/48 | €33,281 | €27,511 | -€5,770 | -17.3% |
| Current portion of amounts payable after more than one year | 42 | €2,328 | €6,123 | +€3,796 | +163% |
| Financial debts | 43 | €5,455 | €0 | -€5,455 | -100% |
| Credit institutions | 430/8 | €5,455 | €0 | -€5,455 | -100% |
| Trade debts | 44 | €2,614 | €941 | -€1,673 | -64.0% |
| Suppliers | 440/4 | €2,614 | €941 | -€1,673 | -64.0% |
| Taxes, remuneration and social security | 45 | €10,312 | €17,264 | +€6,953 | +67.4% |
| Taxes | 450/3 | €10,312 | €17,264 | +€6,953 | +67.4% |
| Other amounts payable | 47/48 | €12,573 | €3,182 | -€9,390 | -74.7% |
| Accrued charges and deferred income | 492/3 | €1,316 | €616 | -€700 | -53.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,832 | €3,358 | +€526 | +18.6% |
| Other operating charges | 640/8 | €519 | €747 | +€228 | +43.9% |
| Gross operating margin | 9900 | €5,389 | €30,442 | +€25,053 | +465% |
| Operating profit (loss) | 9901 | €2,038 | €26,337 | +€24,299 | +1,192% |
| Financial income | 75/76B | €11 | €11 | +€1 | +6.1% |
| Recurring financial income | 75 | €11 | €11 | +€1 | +6.1% |
| Financial charges | 65/66B | €5,940 | €3,459 | -€2,481 | -41.8% |
| Recurring financial charges | 65 | €4,248 | €3,459 | -€789 | -18.6% |
| Non-recurring financial charges | 66B | €1,692 | €0 | -€1,692 | -100% |
| Profit (loss) for the period before taxes | 9903 | -€3,891 | €22,890 | +€26,781 | |
| Income taxes | 67/77 | €668 | €6,353 | +€5,685 | +851% |
| Profit (loss) for the period | 9904 | -€4,559 | €16,537 | +€21,096 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,559 | €16,537 | +€21,096 |
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 15 October 2026 via checked.be.