PRODUCTION ENGINEERING & MANAGEMENT: 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.
What changed
PRODUCTION ENGINEERING & MANAGEMENT
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€258,871
2024 · €48,111-€306,982
Equity
€210,882
2024 · €469,753-€258,871
Cash
€85,994
2024 · €95,182-€9,188
Balance sheet total
€245,682
2024 · €511,935-€266,253
Largest movements
Assets
- Financial fixed assets -€238,000
down €238,000 (-71.5%), from €332,742 to €94,742
- Receivables after one year -€15,000
down €15,000 (-100%), from €15,000 to €0
- Cash -€9,188
down €9,188 (-9.7%), from €95,182 to €85,994
mainly Net result for the year (-€258,871) and Tax, wage and social debts (-€4,546)
Equity and liabilities
- Profit (loss) carried forward -€258,871
down €258,871, from €4,293 to -€254,578
Income statement
- Taxes -€24,322
down €24,322 (-100%), from €24,322 to €0
- Depreciation +€801
up €801 (+19.6%), from €4,086 to €4,887
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.
Result 2024
€48,111
Gross operating margin
-€248
Depreciation
-€801
Other operating items
-€331,000
Financial income
+€730
Financial charges
+€14
Taxes
+€24,322
Result 2025
-€258,871
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€246,213
Investment
+€237,025
Financing
€0
Cash 2024
€95,182
From operations (derived)
-€246,213
Net result for the year
-€258,871
Depreciation
+€4,887
Receivables after one year
+€15,000
Smaller working-capital items
-€169
Trade debts
-€1,851
Tax, wage and social debts
-€4,546
Other debts
-€664
Investment (derived)
+€237,025
Investment in fixed assets (net)
+€237,025
Cash 2025
€85,994
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €511,935 | €245,682 | -€266,253 | -52.0% |
| Formation expenses | 20 | €765 | €0 | -€765 | -100% |
| Fixed assets | 21/28 | €339,698 | €98,550 | -€241,148 | -71.0% |
| Tangible fixed assets | 22/27 | €6,956 | €3,809 | -€3,148 | -45.2% |
| Furniture and vehicles | 24 | €3,946 | €3,345 | -€602 | -15.2% |
| Other tangible fixed assets | 26 | €3,010 | €464 | -€2,546 | -84.6% |
| Financial fixed assets | 28 | €332,742 | €94,742 | -€238,000 | -71.5% |
| Current assets | 29/58 | €171,472 | €147,132 | -€24,340 | -14.2% |
| Amounts receivable after more than one year | 29 | €15,000 | €0 | -€15,000 | -100% |
| Other amounts receivable | 291 | €15,000 | €0 | -€15,000 | -100% |
| Amounts receivable within one year | 40/41 | €56,005 | €55,663 | -€342 | -0.6% |
| Trade receivables | 40 | €56,005 | €33,310 | -€22,694 | -40.5% |
| Other amounts receivable | 41 | €0 | €22,353 | +€22,353 | |
| Cash at bank and in hand | 54/58 | €95,182 | €85,994 | -€9,188 | -9.7% |
| Deferred charges and accrued income | 490/1 | €5,286 | €5,475 | +€189 | +3.6% |
| Total equity and liabilities | 10/49 | €511,935 | €245,682 | -€266,253 | -52.0% |
| Equity | 10/15 | €469,753 | €210,882 | -€258,871 | -55.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €446,860 | €446,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €446,860 | €446,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,293 | -€254,578 | -€258,871 | |
| Amounts payable | 17/49 | €42,182 | €34,800 | -€7,382 | -17.5% |
| Amounts payable within one year | 42/48 | €41,817 | €34,757 | -€7,060 | -16.9% |
| Trade debts | 44 | €5,262 | €3,411 | -€1,851 | -35.2% |
| Suppliers | 440/4 | €5,262 | €3,411 | -€1,851 | -35.2% |
| Taxes, remuneration and social security | 45 | €7,044 | €2,498 | -€4,546 | -64.5% |
| Taxes | 450/3 | €7,044 | €2,498 | -€4,546 | -64.5% |
| Other amounts payable | 47/48 | €29,512 | €28,848 | -€664 | -2.2% |
| Accrued charges and deferred income | 492/3 | €365 | €43 | -€322 | -88.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,086 | €4,887 | +€801 | +19.6% |
| Other operating charges | 640/8 | €0 | - | = | |
| Non-recurring operating charges | 66A | - | €331,000 | +€331,000 | |
| Gross operating margin | 9900 | €76,178 | €75,931 | -€248 | -0.3% |
| Operating profit (loss) | 9901 | €72,092 | -€259,957 | -€332,048 | |
| Financial income | 75/76B | €445 | €1,176 | +€730 | +164% |
| Recurring financial income | 75 | €445 | €1,176 | +€730 | +164% |
| Financial charges | 65/66B | €104 | €90 | -€14 | -13.8% |
| Recurring financial charges | 65 | €104 | €90 | -€14 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | €72,433 | -€258,871 | -€331,304 | |
| Income taxes | 67/77 | €24,322 | €0 | -€24,322 | -100% |
| Profit (loss) for the period | 9904 | €48,111 | -€258,871 | -€306,982 | |
| Profit (loss) for the period to be appropriated | 9905 | €48,111 | -€258,871 | -€306,982 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.