J.C.D. 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.
J.C.D. ENGINEERING
Largest movements
- Tangible fixed assets -€148,916
down €148,916 (-93.1%), from €159,874 to €10,958
of which Land and buildings: -€129,426
- Cash -€7,515
down €7,515 (-68.4%), from €10,987 to €3,471
mainly Other debts (-€136,270) and Net result for the year (-€12,149)
- Other debts -€136,270
down €136,270 (-95.1%), from €143,282 to €7,012
- Profit (loss) carried forward -€12,149
down €12,149 (-19.3%), from -€62,929 to -€75,078
- Current portion of long-term debt -€7,978
no longer reported in 2025 (was €7,978)
- Gross operating margin +€14,739
up €14,739 (+126.8%), from €11,621 to €26,360
- Depreciation -€13,972
down €13,972 (-41.8%), from €33,462 to €19,490
- Other operating charges +€6,689
up €6,689 (+102.0%), from €6,555 to €13,245
- Taxes +€5,484
up €5,484 (+2152.1%), from €255 to €5,739
- Financial charges -€434
down €434 (-92.6%), from €469 to €35
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 | €170,860 | €14,486 | -€156,375 | -91.5% |
| Fixed assets | 21/28 | €159,874 | €10,958 | -€148,916 | -93.1% |
| Tangible fixed assets | 22/27 | €159,874 | €10,958 | -€148,916 | -93.1% |
| Land and buildings | 22 | €129,426 | €0 | -€129,426 | -100.0% |
| Plant, machinery and equipment | 23 | €705 | €0 | -€705 | -100.0% |
| Furniture and vehicles | 24 | €29,743 | €10,958 | -€18,785 | -63.2% |
| Current assets | 29/58 | €10,987 | €3,528 | -€7,459 | -67.9% |
| Amounts receivable within one year | 40/41 | - | €56 | +€56 | |
| Other amounts receivable | 41 | - | €56 | +€56 | |
| Cash at bank and in hand | 54/58 | €10,987 | €3,471 | -€7,515 | -68.4% |
| Total equity and liabilities | 10/49 | €170,860 | €14,486 | -€156,375 | -91.5% |
| Equity | 10/15 | €19,351 | €7,202 | -€12,149 | -62.8% |
| Contributions | 10/11 | €74,800 | €74,800 | = | 0.0% |
| Reserves | 13 | €7,480 | €7,480 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,480 | €7,480 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,480 | €7,480 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,929 | -€75,078 | -€12,149 | -19.3% |
| Amounts payable | 17/49 | €151,509 | €7,283 | -€144,226 | -95.2% |
| Amounts payable within one year | 42/48 | €151,509 | €7,283 | -€144,226 | -95.2% |
| Current portion of amounts payable after more than one year | 42 | €7,978 | - | -€7,978 | |
| Taxes, remuneration and social security | 45 | €249 | €271 | +€22 | +9.0% |
| Taxes | 450/3 | €249 | €271 | +€22 | +9.0% |
| Other amounts payable | 47/48 | €143,282 | €7,012 | -€136,270 | -95.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,462 | €19,490 | -€13,972 | -41.8% |
| Other operating charges | 640/8 | €6,555 | €13,245 | +€6,689 | +102.0% |
| Gross operating margin | 9900 | €11,621 | €26,360 | +€14,739 | +126.8% |
| Operating profit (loss) | 9901 | -€28,397 | -€6,375 | +€22,022 | +77.6% |
| Financial income | 75/76B | €38 | €0 | -€38 | -100.0% |
| Recurring financial income | 75 | €38 | €0 | -€38 | -100.0% |
| Financial charges | 65/66B | €469 | €35 | -€434 | -92.6% |
| Recurring financial charges | 65 | €469 | €35 | -€434 | -92.6% |
| Profit (loss) for the period before taxes | 9903 | -€28,827 | -€6,410 | +€22,418 | +77.8% |
| Income taxes | 67/77 | €255 | €5,739 | +€5,484 | +2152.1% |
| Profit (loss) for the period | 9904 | -€29,082 | -€12,149 | +€16,933 | +58.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,082 | -€12,149 | +€16,933 | +58.2% |
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 5 October 2026 via checked.be.