NEngineering: 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.
NEngineering
Largest movements
- Receivables within one year +€17,071
up €17,071 (+181.8%), from €9,391 to €26,462
of which Other amounts receivable: +€10,608
- Tangible fixed assets -€3,449
down €3,449 (-21.8%), from €15,841 to €12,392
of which Furniture and vehicles: -€1,972
- Deferred charges and accrued income -€3,316
down €3,316 (-19.7%), from €16,875 to €13,559
- Cash -€3,075
down €3,075 (-79.4%), from €3,875 to €800
mainly Receivables within one year (-€17,071) and Trade debts (-€11,157)
- Trade debts -€11,157
down €11,157 (-97.9%), from €11,398 to €241
- Tax, wage and social debts +€10,012
up €10,012 (+52.4%), from €19,120 to €29,132
- Reserves +€9,233
up €9,233 (+11.7%), from €78,681 to €87,914
of which Distributable reserves: +€9,233
- Gross operating margin -€14,218
down €14,218 (-35.3%), from €40,293 to €26,075
- Taxes -€3,967
down €3,967 (-33.8%), from €11,724 to €7,757
- Other operating charges +€1,422
up €1,422 (+92.5%), from €1,537 to €2,959
- Financial income -€842
no longer reported in 2024 (was €842)
- Financial charges +€497
up €497 (+37.0%), from €1,345 to €1,842
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €102,966 | €110,197 | +€7,231 | +7.0% |
| Fixed assets | 21/28 | €15,841 | €12,392 | -€3,449 | -21.8% |
| Tangible fixed assets | 22/27 | €15,841 | €12,392 | -€3,449 | -21.8% |
| Land and buildings | 22 | €7,859 | €6,382 | -€1,477 | -18.8% |
| Furniture and vehicles | 24 | €7,982 | €6,010 | -€1,972 | -24.7% |
| Current assets | 29/58 | €87,125 | €97,805 | +€10,680 | +12.3% |
| Amounts receivable after more than one year | 29 | €56,984 | €56,984 | = | 0.0% |
| Other amounts receivable | 291 | €56,984 | €56,984 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €9,391 | €26,462 | +€17,071 | +181.8% |
| Trade receivables | 40 | €9,267 | €15,730 | +€6,463 | +69.7% |
| Other amounts receivable | 41 | €124 | €10,732 | +€10,608 | +8554.8% |
| Cash at bank and in hand | 54/58 | €3,875 | €800 | -€3,075 | -79.4% |
| Deferred charges and accrued income | 490/1 | €16,875 | €13,559 | -€3,316 | -19.7% |
| Total equity and liabilities | 10/49 | €102,966 | €110,197 | +€7,231 | +7.0% |
| Equity | 10/15 | €67,798 | €77,031 | +€9,233 | +13.6% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Reserves | 13 | €78,681 | €87,914 | +€9,233 | +11.7% |
| Non-distributable reserves | 130/1 | €5,952 | €5,952 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,952 | €5,952 | = | 0.0% |
| Distributable reserves | 133 | €72,729 | €81,962 | +€9,233 | +12.7% |
| Profit (loss) carried forward | 14 | -€13,283 | -€13,283 | = | 0.0% |
| Amounts payable | 17/49 | €35,168 | €33,166 | -€2,002 | -5.7% |
| Amounts payable within one year | 42/48 | €35,168 | €33,166 | -€2,002 | -5.7% |
| Financial debts | 43 | €4,650 | €3,793 | -€857 | -18.4% |
| Credit institutions | 430/8 | €4,650 | €3,793 | -€857 | -18.4% |
| Trade debts | 44 | €11,398 | €241 | -€11,157 | -97.9% |
| Suppliers | 440/4 | €11,398 | €241 | -€11,157 | -97.9% |
| Taxes, remuneration and social security | 45 | €19,120 | €29,132 | +€10,012 | +52.4% |
| Taxes | 450/3 | €19,120 | €29,132 | +€10,012 | +52.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,677 | €4,284 | -€393 | -8.4% |
| Other operating charges | 640/8 | €1,537 | €2,959 | +€1,422 | +92.5% |
| Gross operating margin | 9900 | €40,293 | €26,075 | -€14,218 | -35.3% |
| Operating profit (loss) | 9901 | €34,079 | €18,832 | -€15,247 | -44.7% |
| Financial income | 75/76B | €842 | - | -€842 | |
| Recurring financial income | 75 | €842 | - | -€842 | |
| Financial charges | 65/66B | €1,345 | €1,842 | +€497 | +37.0% |
| Recurring financial charges | 65 | €1,345 | €1,842 | +€497 | +37.0% |
| Profit (loss) for the period before taxes | 9903 | €33,576 | €16,990 | -€16,586 | -49.4% |
| Income taxes | 67/77 | €11,724 | €7,757 | -€3,967 | -33.8% |
| Profit (loss) for the period | 9904 | €21,852 | €9,233 | -€12,619 | -57.7% |
| Profit (loss) for the period to be appropriated | 9905 | €21,852 | €9,233 | -€12,619 | -57.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.