NG Engineering: 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.
NG Engineering
Largest movements
- Current investments +€74,147
up €74,147 (+22.5%), from €328,902 to €403,048
- Receivables within one year +€38,131
up €38,131 (+32.6%), from €116,975 to €155,107
of which Trade receivables: +€35,391
- Cash +€20,469
up €20,469 (+402%), from €5,094 to €25,563
mainly Net result for the year (+€301,773) and Other debts (+€136,729)
- Other debts +€136,729
up €136,729 (+29.2%), from €467,848 to €604,578
- Gross operating margin +€83,686
up €83,686 (+26.8%), from €312,327 to €396,013
- Taxes +€20,854
up €20,854 (+28.2%), from €73,960 to €94,815
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 | €560,012 | €692,653 | +€132,641 | +23.7% |
| Fixed assets | 21/28 | €107,952 | €107,542 | -€410 | -0.4% |
| Tangible fixed assets | 22/27 | €107,910 | €107,500 | -€410 | -0.4% |
| Land and buildings | 22 | €99,000 | €99,000 | = | 0.0% |
| Furniture and vehicles | 24 | €4,296 | €4,691 | +€396 | +9.2% |
| Other tangible fixed assets | 26 | €4,615 | €3,809 | -€806 | -17.5% |
| Financial fixed assets | 28 | €41 | €41 | = | 0.0% |
| Current assets | 29/58 | €452,060 | €585,111 | +€133,051 | +29.4% |
| Amounts receivable within one year | 40/41 | €116,975 | €155,107 | +€38,131 | +32.6% |
| Trade receivables | 40 | €116,723 | €152,114 | +€35,391 | +30.3% |
| Other amounts receivable | 41 | €252 | €2,992 | +€2,740 | +1,088% |
| Current investments | 50/53 | €328,902 | €403,048 | +€74,147 | +22.5% |
| Cash at bank and in hand | 54/58 | €5,094 | €25,563 | +€20,469 | +402% |
| Deferred charges and accrued income | 490/1 | €1,089 | €1,393 | +€304 | +27.9% |
| Total equity and liabilities | 10/49 | €560,012 | €692,653 | +€132,641 | +23.7% |
| Equity | 10/15 | €40,360 | €40,360 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,760 | €21,760 | = | 0.0% |
| Distributable reserves | 133 | €21,760 | €21,760 | = | 0.0% |
| Amounts payable | 17/49 | €519,652 | €652,293 | +€132,641 | +25.5% |
| Amounts payable within one year | 42/48 | €519,652 | €652,293 | +€132,641 | +25.5% |
| Trade debts | 44 | €1,211 | €3,002 | +€1,791 | +148% |
| Suppliers | 440/4 | €1,211 | €3,002 | +€1,791 | +148% |
| Taxes, remuneration and social security | 45 | €50,592 | €44,713 | -€5,879 | -11.6% |
| Taxes | 450/3 | €50,592 | €44,713 | -€5,879 | -11.6% |
| Other amounts payable | 47/48 | €467,848 | €604,578 | +€136,729 | +29.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,039 | €2,627 | +€589 | +28.9% |
| Other operating charges | 640/8 | €856 | €1,235 | +€379 | +44.3% |
| Gross operating margin | 9900 | €312,327 | €396,013 | +€83,686 | +26.8% |
| Operating profit (loss) | 9901 | €309,432 | €392,151 | +€82,718 | +26.7% |
| Financial income | 75/76B | €4,997 | €6,000 | +€1,003 | +20.1% |
| Recurring financial income | 75 | €4,997 | €6,000 | +€1,003 | +20.1% |
| Financial charges | 65/66B | €2,011 | €1,563 | -€448 | -22.3% |
| Recurring financial charges | 65 | €2,011 | €1,563 | -€448 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | €312,418 | €396,587 | +€84,169 | +26.9% |
| Income taxes | 67/77 | €73,960 | €94,815 | +€20,854 | +28.2% |
| Profit (loss) for the period | 9904 | €238,458 | €301,773 | +€63,315 | +26.6% |
| Profit (loss) for the period to be appropriated | 9905 | €238,458 | €301,773 | +€63,315 | +26.6% |
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 23 October 2026 via checked.be.