SOCIETE ENGLEBERT: 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.
SOCIETE ENGLEBERT
Largest movements
- Receivables within one year -€65,649
down €65,649 (-47.0%), from €139,640 to €73,991
of which Trade receivables: -€74,620
- Cash +€22,351
up €22,351 (+1,726%), from €1,295 to €23,646
mainly Receivables within one year (+€65,649) and Net result for the year (+€16,032)
- Tangible fixed assets -€15,172
down €15,172 (-22.1%), from €68,692 to €53,520
of which Leasing and similar rights: -€8,797
- Trade debts -€33,604
down €33,604 (-51.1%), from €65,740 to €32,136
- Profit (loss) carried forward +€16,032
up €16,032 (+69.2%), from €23,166 to €39,198
- Reserves -€14,000
down €14,000 (-50.0%), from €27,975 to €13,975
of which Distributable reserves: -€14,000
- Short-term financial debts -€11,231
no longer reported in 2025 (was €11,231)
- Tax, wage and social debts -€10,591
down €10,591 (-22.7%), from €46,585 to €35,994
of which Taxes: -€6,905
- Turnover +€44,405
up €44,405 (+9.7%), from €458,963 to €503,368
- Purchases and services +€23,692
up €23,692 (+10.0%), from €237,185 to €260,877
- Gross operating margin +€20,713
up €20,713 (+9.3%), from €221,778 to €242,491
- Staff costs +€19,718
up €19,718 (+11.7%), from €167,940 to €187,658
- Other operating charges +€6,255
up €6,255 (+208%), from €3,005 to €9,260
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 | €223,839 | €165,306 | -€58,533 | -26.1% |
| Fixed assets | 21/28 | €68,692 | €53,520 | -€15,172 | -22.1% |
| Tangible fixed assets | 22/27 | €68,692 | €53,520 | -€15,172 | -22.1% |
| Plant, machinery and equipment | 23 | €11,208 | €7,700 | -€3,508 | -31.3% |
| Furniture and vehicles | 24 | €862 | €424 | -€438 | -50.8% |
| Leasing and similar rights | 25 | €30,488 | €21,691 | -€8,797 | -28.9% |
| Other tangible fixed assets | 26 | €26,134 | €23,705 | -€2,429 | -9.3% |
| Current assets | 29/58 | €155,147 | €111,786 | -€43,361 | -27.9% |
| Stocks and contracts in progress | 3 | €12,500 | €12,500 | = | 0.0% |
| Stocks | 30/36 | €12,500 | €12,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €139,640 | €73,991 | -€65,649 | -47.0% |
| Trade receivables | 40 | €94,210 | €19,590 | -€74,620 | -79.2% |
| Other amounts receivable | 41 | €45,430 | €54,401 | +€8,971 | +19.7% |
| Cash at bank and in hand | 54/58 | €1,295 | €23,646 | +€22,351 | +1,726% |
| Deferred charges and accrued income | 490/1 | €1,712 | €1,649 | -€63 | -3.7% |
| Total equity and liabilities | 10/49 | €223,839 | €165,306 | -€58,533 | -26.1% |
| Equity | 10/15 | €80,888 | €82,920 | +€2,032 | +2.5% |
| Contributions | 10/11 | €29,747 | €29,747 | = | 0.0% |
| Reserves | 13 | €27,975 | €13,975 | -€14,000 | -50.0% |
| Non-distributable reserves | 130/1 | €2,975 | €2,975 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,975 | €2,975 | = | 0.0% |
| Distributable reserves | 133 | €25,000 | €11,000 | -€14,000 | -56.0% |
| Profit (loss) carried forward | 14 | €23,166 | €39,198 | +€16,032 | +69.2% |
| Amounts payable | 17/49 | €142,951 | €82,386 | -€60,565 | -42.4% |
| Amounts payable after more than one year | 17 | €14,257 | €8,789 | -€5,468 | -38.4% |
| Financial debts | 170/4 | €14,257 | €8,789 | -€5,468 | -38.4% |
| Amounts payable within one year | 42/48 | €128,694 | €73,597 | -€55,097 | -42.8% |
| Current portion of amounts payable after more than one year | 42 | €5,138 | €5,467 | +€329 | +6.4% |
| Financial debts | 43 | €11,231 | - | -€11,231 | |
| Other loans | 439 | €11,231 | - | -€11,231 | |
| Trade debts | 44 | €65,740 | €32,136 | -€33,604 | -51.1% |
| Suppliers | 440/4 | €65,740 | €32,136 | -€33,604 | -51.1% |
| Taxes, remuneration and social security | 45 | €46,585 | €35,994 | -€10,591 | -22.7% |
| Taxes | 450/3 | €18,551 | €11,646 | -€6,905 | -37.2% |
| Remuneration and social security | 454/9 | €28,034 | €24,348 | -€3,686 | -13.1% |
| Turnover | 70 | €458,963 | €503,368 | +€44,405 | +9.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €237,185 | €260,877 | +€23,692 | +10.0% |
| Remuneration, social security and pensions | 62 | €167,940 | €187,658 | +€19,718 | +11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,848 | €15,925 | -€923 | -5.5% |
| Other operating charges | 640/8 | €3,005 | €9,260 | +€6,255 | +208% |
| Gross operating margin | 9900 | €221,778 | €242,491 | +€20,713 | +9.3% |
| Operating profit (loss) | 9901 | €33,985 | €29,648 | -€4,337 | -12.8% |
| Financial charges | 65/66B | €3,628 | €2,342 | -€1,286 | -35.4% |
| Recurring financial charges | 65 | €3,628 | €2,342 | -€1,286 | -35.4% |
| Profit (loss) for the period before taxes | 9903 | €30,357 | €27,306 | -€3,051 | -10.1% |
| Income taxes | 67/77 | €8,123 | €11,274 | +€3,151 | +38.8% |
| Profit (loss) for the period | 9904 | €22,234 | €16,032 | -€6,202 | -27.9% |
| Profit (loss) for the period to be appropriated | 9905 | €22,234 | €16,032 | -€6,202 | -27.9% |
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 20 October 2026 via checked.be.