I - ENGINEERING: 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.
I - ENGINEERING
Largest movements
- Receivables within one year +€19,602
up €19,602 (+5.4%), from €362,446 to €382,047
of which Other amounts receivable: +€30,845
- Other debts +€50,374
up €50,374 (+10.8%), from €465,977 to €516,350
- Profit (loss) carried forward -€32,000
down €32,000 (-5.2%), from -€611,723 to -€643,723
- Gross operating margin -€35,979
down €35,979, from €5,757 to -€30,223
- Purchases and services +€19,395
up €19,395 (+103%), from €18,819 to €38,214
- Turnover -€16,584
down €16,584 (-78.2%), from €21,199 to €4,615
- Other operating charges -€819
down €819 (-50.1%), from €1,636 to €817
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 | €838,506 | €858,966 | +€20,460 | +2.4% |
| Fixed assets | 21/28 | €475,702 | €475,342 | -€360 | -0.1% |
| Tangible fixed assets | 22/27 | €360 | - | -€360 | |
| Furniture and vehicles | 24 | €360 | - | -€360 | |
| Financial fixed assets | 28 | €475,342 | €475,342 | = | 0.0% |
| Current assets | 29/58 | €362,804 | €383,624 | +€20,820 | +5.7% |
| Amounts receivable within one year | 40/41 | €362,446 | €382,047 | +€19,602 | +5.4% |
| Trade receivables | 40 | €87,971 | €76,728 | -€11,243 | -12.8% |
| Other amounts receivable | 41 | €274,475 | €305,319 | +€30,845 | +11.2% |
| Cash at bank and in hand | 54/58 | €358 | €1,576 | +€1,218 | +340% |
| Total equity and liabilities | 10/49 | €838,506 | €858,966 | +€20,460 | +2.4% |
| Equity | 10/15 | €38,348 | €6,348 | -€32,000 | -83.4% |
| Contributions | 10/11 | €435,071 | €435,071 | = | 0.0% |
| Revaluation surpluses | 12 | €215,000 | €215,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€611,723 | -€643,723 | -€32,000 | -5.2% |
| Amounts payable | 17/49 | €800,158 | €852,618 | +€52,460 | +6.6% |
| Amounts payable after more than one year | 17 | €310,139 | €310,139 | = | 0.0% |
| Financial debts | 170/4 | €310,139 | €310,139 | = | 0.0% |
| Amounts payable within one year | 42/48 | €490,019 | €542,479 | +€52,460 | +10.7% |
| Current portion of amounts payable after more than one year | 42 | €14,000 | €14,000 | = | 0.0% |
| Trade debts | 44 | €4,679 | €7,834 | +€3,154 | +67.4% |
| Suppliers | 440/4 | €4,679 | €7,834 | +€3,154 | +67.4% |
| Taxes, remuneration and social security | 45 | €5,363 | €4,295 | -€1,068 | -19.9% |
| Taxes | 450/3 | €1,811 | €743 | -€1,068 | -59.0% |
| Remuneration and social security | 454/9 | €3,552 | €3,552 | = | 0.0% |
| Other amounts payable | 47/48 | €465,977 | €516,350 | +€50,374 | +10.8% |
| Turnover | 70 | €21,199 | €4,615 | -€16,584 | -78.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €18,819 | €38,214 | +€19,395 | +103% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €360 | €360 | = | 0.0% |
| Other operating charges | 640/8 | €1,636 | €817 | -€819 | -50.1% |
| Gross operating margin | 9900 | €5,757 | -€30,223 | -€35,979 | |
| Operating profit (loss) | 9901 | €3,760 | -€31,400 | -€35,160 | |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €321 | €457 | +€136 | +42.3% |
| Recurring financial charges | 65 | €321 | €457 | +€136 | +42.3% |
| Profit (loss) for the period before taxes | 9903 | €3,442 | -€31,857 | -€35,299 | |
| Income taxes | 67/77 | €144 | €143 | -€0 | -0.2% |
| Profit (loss) for the period | 9904 | €3,298 | -€32,000 | -€35,298 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,298 | -€32,000 | -€35,298 |
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 21 October 2026 via checked.be.