TECHNIBRUL ENGLEBERT: what changed
Two fiscal 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.
TECHNIBRUL ENGLEBERT
Largest movements
- Receivables after one year +€249,348
up €249,348 (+51.6%), from €483,437 to €732,785
- Cash -€205,718
down €205,718 (-22.1%), from €932,118 to €726,400
mainly Receivables after one year (-€249,348) and Trade debts (-€108,943)
- Receivables within one year +€33,308
up €33,308 (+14.5%), from €229,176 to €262,484
of which Trade receivables: +€43,673
- Profit (loss) carried forward +€188,685
up €188,685 (+12.3%), from €1.5m to €1.7m
- Trade debts -€108,943
down €108,943 (-69.5%), from €156,787 to €47,844
- Advances received -€37,700
down €37,700 (-100.0%), from €37,700 to €0
- Tax, wage and social debts +€22,254
up €22,254 (+78.2%), from €28,443 to €50,697
of which Remuneration and social security: +€11,914
- Gross operating margin +€90,163
up €90,163 (+16.5%), from €545,437 to €635,599
- Taxes +€20,866
up €20,866 (+47.9%), from €43,569 to €64,435
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.
Cash bridge derived
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 | €1,885,364 | €1,950,755 | +€65,391 | +3.5% |
| Fixed assets | 21/28 | €118,546 | €117,494 | -€1,052 | -0.9% |
| Intangible fixed assets | 21 | €68,000 | €51,000 | -€17,000 | -25.0% |
| Tangible fixed assets | 22/27 | €50,546 | €66,494 | +€15,948 | +31.6% |
| Plant, machinery and equipment | 23 | €33,365 | €55,937 | +€22,571 | +67.6% |
| Furniture and vehicles | 24 | €17,180 | €10,558 | -€6,623 | -38.5% |
| Current assets | 29/58 | €1,766,818 | €1,833,260 | +€66,443 | +3.8% |
| Amounts receivable after more than one year | 29 | €483,437 | €732,785 | +€249,348 | +51.6% |
| Other amounts receivable | 291 | €483,437 | €732,785 | +€249,348 | +51.6% |
| Stocks and contracts in progress | 3 | €20,239 | €9,564 | -€10,675 | -52.7% |
| Stocks | 30/36 | €20,239 | €9,564 | -€10,675 | -52.7% |
| Amounts receivable within one year | 40/41 | €229,176 | €262,484 | +€33,308 | +14.5% |
| Trade receivables | 40 | €196,124 | €239,797 | +€43,673 | +22.3% |
| Other amounts receivable | 41 | €33,052 | €22,687 | -€10,364 | -31.4% |
| Current investments | 50/53 | €100,000 | €100,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €932,118 | €726,400 | -€205,718 | -22.1% |
| Deferred charges and accrued income | 490/1 | €1,848 | €2,028 | +€180 | +9.8% |
| Total equity and liabilities | 10/49 | €1,885,364 | €1,950,755 | +€65,391 | +3.5% |
| Equity | 10/15 | €1,659,301 | €1,847,986 | +€188,685 | +11.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €101,859 | €101,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,538,850 | €1,727,535 | +€188,685 | +12.3% |
| Amounts payable | 17/49 | €226,062 | €102,769 | -€123,294 | -54.5% |
| Amounts payable within one year | 42/48 | €226,062 | €102,769 | -€123,294 | -54.5% |
| Financial debts | 43 | - | €1,613 | +€1,613 | |
| Other loans | 439 | - | €1,613 | +€1,613 | |
| Trade debts | 44 | €156,787 | €47,844 | -€108,943 | -69.5% |
| Suppliers | 440/4 | €156,787 | €47,844 | -€108,943 | -69.5% |
| Advances received on contracts in progress | 46 | €37,700 | €0 | -€37,700 | -100.0% |
| Taxes, remuneration and social security | 45 | €28,443 | €50,697 | +€22,254 | +78.2% |
| Taxes | 450/3 | €0 | €10,340 | +€10,340 | |
| Remuneration and social security | 454/9 | €28,443 | €40,357 | +€11,914 | +41.9% |
| Other amounts payable | 47/48 | €3,132 | €2,615 | -€518 | -16.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €435 | €128 | -€307 | -70.6% |
| Remuneration, social security and pensions | 62 | €338,096 | €344,095 | +€6,000 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,141 | €42,160 | -€2,981 | -6.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,385 | -€1,232 | +€1,152 | +48.3% |
| Other operating charges | 640/8 | €7,330 | €7,963 | +€632 | +8.6% |
| Non-recurring operating charges | 66A | €1,993 | €1,216 | -€777 | -39.0% |
| Gross operating margin | 9900 | €545,437 | €635,599 | +€90,163 | +16.5% |
| Operating profit (loss) | 9901 | €155,261 | €241,398 | +€86,137 | +55.5% |
| Financial income | 75/76B | €11,845 | €12,857 | +€1,012 | +8.5% |
| Recurring financial income | 75 | €11,845 | €12,857 | +€1,012 | +8.5% |
| Financial charges | 65/66B | €807 | €1,134 | +€327 | +40.5% |
| Recurring financial charges | 65 | €807 | €1,134 | +€327 | +40.5% |
| Profit (loss) for the period before taxes | 9903 | €166,298 | €253,120 | +€86,822 | +52.2% |
| Income taxes | 67/77 | €43,569 | €64,435 | +€20,866 | +47.9% |
| Profit (loss) for the period | 9904 | €122,729 | €188,685 | +€65,956 | +53.7% |
| Profit (loss) for the period to be appropriated | 9905 | €122,729 | €188,685 | +€65,956 | +53.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.