PEN6 ENGINEERING & SERVICES: 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.
PEN6 ENGINEERING & SERVICES
Largest movements
- Tangible fixed assets +€45,157
up €45,157 (+16,409%), from €275 to €45,432
of which Furniture and vehicles: +€43,409
- Receivables within one year -€21,396
down €21,396 (-38.7%), from €55,267 to €33,871
of which Other amounts receivable: -€28,856
- Deferred charges and accrued income -€3,523
down €3,523 (-100%), from €3,523 to €0
- Cash +€1,812
up €1,812 (+10.9%), from €16,592 to €18,403
mainly Receivables within one year (+€21,396) and Trade debts (+€18,832)
- Trade debts +€18,832
up €18,832 (+397%), from €4,746 to €23,578
- Debts after one year -€11,176
down €11,176 (-51.4%), from €21,747 to €10,570
- Tax, wage and social debts +€7,729
up €7,729 (+135%), from €5,724 to €13,453
of which Taxes: +€5,229
- Other debts +€7,398
new in 2025: €7,398
- Profit (loss) carried forward -€1,092
down €1,092 (-4.0%), from €27,623 to €26,531
- Financial charges +€51,139
up €51,139 (+2,732%), from €1,872 to €53,011
- Gross operating margin +€32,043
up €32,043 (+123%), from €26,072 to €58,115
- Depreciation +€3,421
up €3,421 (+622%), from €550 to €3,972
- Financial income -€1,405
down €1,405 (-99.5%), from €1,412 to €7
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 | €75,657 | €97,706 | +€22,049 | +29.1% |
| Fixed assets | 21/28 | €275 | €45,432 | +€45,157 | +16,409% |
| Tangible fixed assets | 22/27 | €275 | €45,432 | +€45,157 | +16,409% |
| Plant, machinery and equipment | 23 | - | €1,748 | +€1,748 | |
| Furniture and vehicles | 24 | €275 | €43,684 | +€43,409 | +15,774% |
| Current assets | 29/58 | €75,382 | €52,274 | -€23,108 | -30.7% |
| Amounts receivable within one year | 40/41 | €55,267 | €33,871 | -€21,396 | -38.7% |
| Trade receivables | 40 | €17,482 | €24,942 | +€7,460 | +42.7% |
| Other amounts receivable | 41 | €37,785 | €8,929 | -€28,856 | -76.4% |
| Cash at bank and in hand | 54/58 | €16,592 | €18,403 | +€1,812 | +10.9% |
| Deferred charges and accrued income | 490/1 | €3,523 | €0 | -€3,523 | -100% |
| Total equity and liabilities | 10/49 | €75,657 | €97,706 | +€22,049 | +29.1% |
| Equity | 10/15 | €32,623 | €31,531 | -€1,092 | -3.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,623 | €26,531 | -€1,092 | -4.0% |
| Amounts payable | 17/49 | €43,034 | €66,176 | +€23,141 | +53.8% |
| Amounts payable after more than one year | 17 | €21,747 | €10,570 | -€11,176 | -51.4% |
| Financial debts | 170/4 | €21,747 | €10,570 | -€11,176 | -51.4% |
| Amounts payable within one year | 42/48 | €21,288 | €55,605 | +€34,318 | +161% |
| Current portion of amounts payable after more than one year | 42 | €10,818 | €11,176 | +€359 | +3.3% |
| Trade debts | 44 | €4,746 | €23,578 | +€18,832 | +397% |
| Suppliers | 440/4 | €4,746 | €23,578 | +€18,832 | +397% |
| Taxes, remuneration and social security | 45 | €5,724 | €13,453 | +€7,729 | +135% |
| Taxes | 450/3 | €5,724 | €10,953 | +€5,229 | +91.4% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Other amounts payable | 47/48 | - | €7,398 | +€7,398 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €550 | €3,972 | +€3,421 | +622% |
| Other operating charges | 640/8 | €1,272 | €835 | -€437 | -34.4% |
| Gross operating margin | 9900 | €26,072 | €58,115 | +€32,043 | +123% |
| Operating profit (loss) | 9901 | €24,250 | €53,308 | +€29,058 | +120% |
| Financial income | 75/76B | €1,412 | €7 | -€1,405 | -99.5% |
| Recurring financial income | 75 | €1,412 | €7 | -€1,405 | -99.5% |
| Financial charges | 65/66B | €1,872 | €53,011 | +€51,139 | +2,732% |
| Recurring financial charges | 65 | €1,872 | €53,011 | +€51,139 | +2,732% |
| Profit (loss) for the period before taxes | 9903 | €23,790 | €305 | -€23,485 | -98.7% |
| Income taxes | 67/77 | €876 | €1,397 | +€521 | +59.4% |
| Profit (loss) for the period | 9904 | €22,914 | -€1,092 | -€24,006 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,914 | -€1,092 | -€24,006 |
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 24 October 2026 via checked.be.