Total Project Engineering: 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.
Total Project Engineering
Largest movements
- Receivables within one year -€12,875
down €12,875 (-24.5%), from €52,496 to €39,621
of which Trade receivables: -€13,675
- Tangible fixed assets -€9,331
down €9,331 (-60.5%), from €15,422 to €6,091
of which Furniture and vehicles: -€9,890
- Cash -€4,293
down €4,293 (-71.2%), from €6,028 to €1,734
mainly Debts after one year (-€24,464) and Current portion of long-term debt (-€3,744)
- Debts after one year -€24,464
down €24,464 (-100.0%), from €24,464 to €0
of which Other amounts payable: -€19,123
- Current portion of long-term debt -€3,744
down €3,744 (-41.2%), from €9,085 to €5,342
- Reserves +€1,257
up €1,257 (+19.1%), from €6,578 to €7,836
- Staff costs +€5,617
up €5,617 (+4.3%), from €131,880 to €137,497
- Gross operating margin +€1,567
up €1,567 (+1.0%), from €150,029 to €151,596
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €76,239 | €49,636 | -€26,603 | -34.9% |
| Fixed assets | 21/28 | €15,422 | €6,091 | -€9,331 | -60.5% |
| Tangible fixed assets | 22/27 | €15,422 | €6,091 | -€9,331 | -60.5% |
| Plant, machinery and equipment | 23 | €155 | €714 | +€559 | +359.5% |
| Furniture and vehicles | 24 | €15,267 | €5,377 | -€9,890 | -64.8% |
| Current assets | 29/58 | €60,817 | €43,545 | -€17,271 | -28.4% |
| Amounts receivable within one year | 40/41 | €52,496 | €39,621 | -€12,875 | -24.5% |
| Trade receivables | 40 | €52,333 | €38,658 | -€13,675 | -26.1% |
| Other amounts receivable | 41 | €164 | €964 | +€800 | +489.1% |
| Cash at bank and in hand | 54/58 | €6,028 | €1,734 | -€4,293 | -71.2% |
| Deferred charges and accrued income | 490/1 | €2,293 | €2,189 | -€103 | -4.5% |
| Total equity and liabilities | 10/49 | €76,239 | €49,636 | -€26,603 | -34.9% |
| Equity | 10/15 | €12,778 | €14,036 | +€1,257 | +9.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €6,578 | €7,836 | +€1,257 | +19.1% |
| Distributable reserves | 133 | €6,578 | €7,836 | +€1,257 | +19.1% |
| Amounts payable | 17/49 | €63,460 | €35,600 | -€27,860 | -43.9% |
| Amounts payable after more than one year | 17 | €24,464 | €0 | -€24,464 | -100.0% |
| Financial debts | 170/4 | €5,342 | €0 | -€5,342 | -100.0% |
| Other amounts payable | 178/9 | €19,123 | €0 | -€19,123 | -100.0% |
| Amounts payable within one year | 42/48 | €38,996 | €35,600 | -€3,396 | -8.7% |
| Current portion of amounts payable after more than one year | 42 | €9,085 | €5,342 | -€3,744 | -41.2% |
| Trade debts | 44 | €3,695 | €3,649 | -€46 | -1.2% |
| Suppliers | 440/4 | €3,695 | €3,649 | -€46 | -1.2% |
| Taxes, remuneration and social security | 45 | €26,216 | €26,610 | +€394 | +1.5% |
| Taxes | 450/3 | €2,940 | €2,640 | -€300 | -10.2% |
| Remuneration and social security | 454/9 | €23,276 | €23,970 | +€694 | +3.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €131,880 | €137,497 | +€5,617 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,175 | €10,199 | +€24 | +0.2% |
| Other operating charges | 640/8 | €888 | €914 | +€26 | +3.0% |
| Gross operating margin | 9900 | €150,029 | €151,596 | +€1,567 | +1.0% |
| Operating profit (loss) | 9901 | €7,087 | €2,987 | -€4,100 | -57.9% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €955 | €193 | -€762 | -79.8% |
| Recurring financial charges | 65 | €955 | €193 | -€762 | -79.8% |
| Profit (loss) for the period before taxes | 9903 | €6,131 | €2,793 | -€3,338 | -54.4% |
| Income taxes | 67/77 | €2,336 | €1,536 | -€800 | -34.2% |
| Profit (loss) for the period | 9904 | €3,795 | €1,257 | -€2,538 | -66.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,795 | €1,257 | -€2,538 | -66.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.