EJ 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.
EJ ENGINEERING
Largest movements
- Tangible fixed assets +€96,906
up €96,906 (+836%), from €11,592 to €108,498
of which Furniture and vehicles: +€97,466
- Cash -€69,342
down €69,342 (-59.1%), from €117,241 to €47,899
mainly Investment in fixed assets (net) (-€101,853) and Tax, wage and social debts (-€27,977)
- Receivables within one year +€13,907
up €13,907 (+21,485%), from €65 to €13,972
of which Trade receivables: +€13,203
- Debts after one year +€45,769
new in 2025: €45,769
- Tax, wage and social debts -€27,977
down €27,977 (-75.1%), from €37,253 to €9,276
- Reserves +€14,275
up €14,275 (+18.0%), from €79,290 to €93,566
- Current portion of long-term debt +€14,231
new in 2025: €14,231
- Trade debts -€4,827
down €4,827 (-51.6%), from €9,354 to €4,527
- Gross operating margin -€9,824
down €9,824 (-24.9%), from €39,509 to €29,685
- Depreciation +€2,636
up €2,636 (+114%), from €2,310 to €4,946
- Taxes -€2,582
down €2,582 (-29.2%), from €8,859 to €6,276
- Other operating charges +€1,258
up €1,258 (+47.9%), from €2,627 to €3,885
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 | €128,897 | €170,369 | +€41,471 | +32.2% |
| Fixed assets | 21/28 | €11,592 | €108,498 | +€96,906 | +836% |
| Tangible fixed assets | 22/27 | €11,592 | €108,498 | +€96,906 | +836% |
| Plant, machinery and equipment | 23 | €2,654 | €2,094 | -€560 | -21.1% |
| Furniture and vehicles | 24 | €8,938 | €106,404 | +€97,466 | +1,090% |
| Current assets | 29/58 | €117,306 | €61,871 | -€55,435 | -47.3% |
| Amounts receivable within one year | 40/41 | €65 | €13,972 | +€13,907 | +21,485% |
| Trade receivables | 40 | €0 | €13,203 | +€13,203 | |
| Other amounts receivable | 41 | €65 | €769 | +€704 | +1,088% |
| Cash at bank and in hand | 54/58 | €117,241 | €47,899 | -€69,342 | -59.1% |
| Total equity and liabilities | 10/49 | €128,897 | €170,369 | +€41,471 | +32.2% |
| Equity | 10/15 | €82,290 | €96,566 | +€14,275 | +17.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €79,290 | €93,566 | +€14,275 | +18.0% |
| Distributable reserves | 133 | €79,290 | €93,566 | +€14,275 | +18.0% |
| Amounts payable | 17/49 | €46,607 | €73,803 | +€27,196 | +58.4% |
| Amounts payable after more than one year | 17 | - | €45,769 | +€45,769 | |
| Financial debts | 170/4 | - | €45,769 | +€45,769 | |
| Amounts payable within one year | 42/48 | €46,607 | €28,034 | -€18,573 | -39.8% |
| Current portion of amounts payable after more than one year | 42 | - | €14,231 | +€14,231 | |
| Trade debts | 44 | €9,354 | €4,527 | -€4,827 | -51.6% |
| Suppliers | 440/4 | €9,354 | €4,527 | -€4,827 | -51.6% |
| Taxes, remuneration and social security | 45 | €37,253 | €9,276 | -€27,977 | -75.1% |
| Taxes | 450/3 | €37,253 | €9,276 | -€27,977 | -75.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,310 | €4,946 | +€2,636 | +114% |
| Other operating charges | 640/8 | €2,627 | €3,885 | +€1,258 | +47.9% |
| Gross operating margin | 9900 | €39,509 | €29,685 | -€9,824 | -24.9% |
| Operating profit (loss) | 9901 | €34,572 | €20,854 | -€13,718 | -39.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €102 | €302 | +€200 | +196% |
| Recurring financial charges | 65 | €102 | €302 | +€200 | +196% |
| Profit (loss) for the period before taxes | 9903 | €34,470 | €20,552 | -€13,918 | -40.4% |
| Income taxes | 67/77 | €8,859 | €6,276 | -€2,582 | -29.2% |
| Profit (loss) for the period | 9904 | €25,611 | €14,275 | -€11,336 | -44.3% |
| Profit (loss) for the period to be appropriated | 9905 | €25,611 | €14,275 | -€11,336 | -44.3% |
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 16 October 2026 via checked.be.