WEngineer: 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.
WEngineer
Largest movements
- Cash -€32,050
down €32,050 (-28.8%), from €111,404 to €79,354
mainly Other debts (-€46,576) and Contributions, distributions and other (-€35,000)
- Receivables within one year +€12,429
up €12,429 (+33.7%), from €36,834 to €49,263
of which Trade receivables: +€11,488
- Tangible fixed assets -€6,317
no longer reported in 2025 (was €6,317)
- Deferred charges and accrued income +€1,650
up €1,650 (+103.1%), from €1,600 to €3,250
- Other debts -€46,576
down €46,576 (-67.7%), from €68,833 to €22,257
- Profit (loss) carried forward +€32,518
up €32,518 (+165.8%), from €19,617 to €52,135
- Tax, wage and social debts -€6,677
down €6,677 (-12.4%), from €53,807 to €47,130
of which Taxes: -€5,481
- Debts after one year -€3,833
no longer reported in 2025 (was €3,833)
- Trade debts +€3,481
up €3,481 (+119.2%), from €2,921 to €6,402
- Gross operating margin -€10,090
down €10,090 (-9.6%), from €105,196 to €95,106
- Depreciation -€2,585
down €2,585 (-29.0%), from €8,902 to €6,317
- Financial income -€1,789
no longer reported in 2025 (was €1,789)
- Taxes +€1,100
up €1,100 (+5.7%), from €19,455 to €20,555
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 | €156,155 | €131,867 | -€24,288 | -15.6% |
| Fixed assets | 21/28 | €6,317 | - | -€6,317 | |
| Tangible fixed assets | 22/27 | €6,317 | - | -€6,317 | |
| Furniture and vehicles | 24 | €6,317 | - | -€6,317 | |
| Current assets | 29/58 | €149,838 | €131,867 | -€17,971 | -12.0% |
| Amounts receivable within one year | 40/41 | €36,834 | €49,263 | +€12,429 | +33.7% |
| Trade receivables | 40 | €32,207 | €43,695 | +€11,488 | +35.7% |
| Other amounts receivable | 41 | €4,627 | €5,568 | +€941 | +20.3% |
| Cash at bank and in hand | 54/58 | €111,404 | €79,354 | -€32,050 | -28.8% |
| Deferred charges and accrued income | 490/1 | €1,600 | €3,250 | +€1,650 | +103.1% |
| Total equity and liabilities | 10/49 | €156,155 | €131,867 | -€24,288 | -15.6% |
| Equity | 10/15 | €19,727 | €52,245 | +€32,518 | +164.8% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €10 | €10 | = | 0.0% |
| Distributable reserves | 133 | €10 | €10 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,617 | €52,135 | +€32,518 | +165.8% |
| Amounts payable | 17/49 | €136,428 | €79,622 | -€56,806 | -41.6% |
| Amounts payable after more than one year | 17 | €3,833 | - | -€3,833 | |
| Financial debts | 170/4 | €3,833 | - | -€3,833 | |
| Amounts payable within one year | 42/48 | €132,595 | €79,622 | -€52,973 | -40.0% |
| Current portion of amounts payable after more than one year | 42 | €7,034 | €3,833 | -€3,201 | -45.5% |
| Trade debts | 44 | €2,921 | €6,402 | +€3,481 | +119.2% |
| Suppliers | 440/4 | €2,921 | €6,402 | +€3,481 | +119.2% |
| Taxes, remuneration and social security | 45 | €53,807 | €47,130 | -€6,677 | -12.4% |
| Taxes | 450/3 | €52,611 | €47,130 | -€5,481 | -10.4% |
| Remuneration and social security | 454/9 | €1,196 | - | -€1,196 | |
| Other amounts payable | 47/48 | €68,833 | €22,257 | -€46,576 | -67.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,902 | €6,317 | -€2,585 | -29.0% |
| Other operating charges | 640/8 | €100 | €295 | +€195 | +195.0% |
| Gross operating margin | 9900 | €105,196 | €95,106 | -€10,090 | -9.6% |
| Operating profit (loss) | 9901 | €96,194 | €88,494 | -€7,700 | -8.0% |
| Financial income | 75/76B | €1,789 | - | -€1,789 | |
| Recurring financial income | 75 | €1,789 | - | -€1,789 | |
| Financial charges | 65/66B | €181 | €421 | +€240 | +132.6% |
| Recurring financial charges | 65 | €181 | €421 | +€240 | +132.6% |
| Profit (loss) for the period before taxes | 9903 | €97,802 | €88,073 | -€9,729 | -9.9% |
| Income taxes | 67/77 | €19,455 | €20,555 | +€1,100 | +5.7% |
| Profit (loss) for the period | 9904 | €78,347 | €67,518 | -€10,829 | -13.8% |
| Profit (loss) for the period to be appropriated | 9905 | €78,347 | €67,518 | -€10,829 | -13.8% |
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 9 October 2026 via checked.be.