MR-Engineering: 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.
MR-Engineering
Largest movements
- Cash -€84,679
down €84,679 (-69.8%), from €121,320 to €36,642
mainly Contributions, distributions and other (-€151,235) and Investment in fixed assets (net) (-€12,797)
- Tangible fixed assets +€6,351
up €6,351 (+61.3%), from €10,362 to €16,713
of which Land and buildings: +€5,602
- Receivables within one year -€2,512
down €2,512 (-8.7%), from €28,794 to €26,282
of which Trade receivables: -€6,282
- Reserves -€127,859
down €127,859 (-96.0%), from €133,239 to €5,380
- Other debts +€53,550
up €53,550 (+38359.6%), from €140 to €53,690
- Current portion of long-term debt -€3,738
down €3,738 (-83.1%), from €4,496 to €758
- Trade debts -€1,679
down €1,679 (-96.9%), from €1,733 to €53
- Gross operating margin -€25,164
down €25,164 (-39.6%), from €63,619 to €38,455
- Taxes -€5,328
down €5,328 (-46.1%), from €11,558 to €6,230
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 | €162,250 | €81,389 | -€80,861 | -49.8% |
| Fixed assets | 21/28 | €10,362 | €16,713 | +€6,351 | +61.3% |
| Tangible fixed assets | 22/27 | €10,362 | €16,713 | +€6,351 | +61.3% |
| Land and buildings | 22 | €2,873 | €8,475 | +€5,602 | +195.0% |
| Plant, machinery and equipment | 23 | €1,704 | €5,665 | +€3,961 | +232.5% |
| Furniture and vehicles | 24 | €0 | €1,124 | +€1,124 | |
| Leasing and similar rights | 25 | €5,785 | €1,449 | -€4,336 | -74.9% |
| Current assets | 29/58 | €151,889 | €64,676 | -€87,213 | -57.4% |
| Amounts receivable within one year | 40/41 | €28,794 | €26,282 | -€2,512 | -8.7% |
| Trade receivables | 40 | €28,794 | €22,512 | -€6,282 | -21.8% |
| Other amounts receivable | 41 | - | €3,770 | +€3,770 | |
| Cash at bank and in hand | 54/58 | €121,320 | €36,642 | -€84,679 | -69.8% |
| Deferred charges and accrued income | 490/1 | €1,774 | €1,752 | -€22 | -1.2% |
| Total equity and liabilities | 10/49 | €162,250 | €81,389 | -€80,861 | -49.8% |
| Equity | 10/15 | €138,239 | €10,380 | -€127,859 | -92.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €133,239 | €5,380 | -€127,859 | -96.0% |
| Distributable reserves | 133 | €133,239 | €5,380 | -€127,859 | -96.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €24,011 | €71,009 | +€46,998 | +195.7% |
| Amounts payable after more than one year | 17 | €758 | €0 | -€758 | -100.0% |
| Financial debts | 170/4 | €758 | €0 | -€758 | -100.0% |
| Amounts payable within one year | 42/48 | €23,253 | €71,009 | +€47,756 | +205.4% |
| Current portion of amounts payable after more than one year | 42 | €4,496 | €758 | -€3,738 | -83.1% |
| Trade debts | 44 | €1,733 | €53 | -€1,679 | -96.9% |
| Suppliers | 440/4 | €1,733 | €53 | -€1,679 | -96.9% |
| Taxes, remuneration and social security | 45 | €16,885 | €16,508 | -€377 | -2.2% |
| Taxes | 450/3 | €16,885 | €16,508 | -€377 | -2.2% |
| Other amounts payable | 47/48 | €140 | €53,690 | +€53,550 | +38359.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,022 | €6,445 | +€423 | +7.0% |
| Other operating charges | 640/8 | €982 | €931 | -€51 | -5.2% |
| Gross operating margin | 9900 | €63,619 | €38,455 | -€25,164 | -39.6% |
| Operating profit (loss) | 9901 | €56,615 | €31,079 | -€25,536 | -45.1% |
| Financial income | 75/76B | €331 | €165 | -€165 | -50.0% |
| Recurring financial income | 75 | €331 | €165 | -€165 | -50.0% |
| Financial charges | 65/66B | €1,628 | €1,638 | +€10 | +0.6% |
| Recurring financial charges | 65 | €1,628 | €1,638 | +€10 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €55,317 | €29,606 | -€25,711 | -46.5% |
| Income taxes | 67/77 | €11,558 | €6,230 | -€5,328 | -46.1% |
| Profit (loss) for the period | 9904 | €43,759 | €23,376 | -€20,383 | -46.6% |
| Profit (loss) for the period to be appropriated | 9905 | €43,759 | €23,376 | -€20,383 | -46.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.