JØ 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.
JØ ENGINEERING
Largest movements
- Cash +€33,386
up €33,386 (+22.3%), from €149,424 to €182,810
mainly Net result for the year (+€34,797) and Other debts (+€1,909)
- Profit (loss) carried forward +€34,797
up €34,797 (+56.1%), from €62,001 to €96,797
- Trade debts -€4,427
down €4,427 (-74.1%), from €5,971 to €1,544
- Gross operating margin +€24,430
up €24,430 (+123.7%), from €19,754 to €44,184
- Taxes +€7,175
up €7,175 (+263.3%), from €2,725 to €9,900
- Financial income +€828
up €828 (+139.7%), from €593 to €1,421
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €167,076 | €199,001 | +€31,926 | +19.1% |
| Fixed assets | 21/28 | €25 | €25 | = | 0.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €167,051 | €198,976 | +€31,926 | +19.1% |
| Amounts receivable within one year | 40/41 | €17,627 | €16,166 | -€1,460 | -8.3% |
| Trade receivables | 40 | €11,810 | €15,633 | +€3,824 | +32.4% |
| Other amounts receivable | 41 | €5,817 | €533 | -€5,284 | -90.8% |
| Cash at bank and in hand | 54/58 | €149,424 | €182,810 | +€33,386 | +22.3% |
| Total equity and liabilities | 10/49 | €167,076 | €199,001 | +€31,926 | +19.1% |
| Equity | 10/15 | €99,775 | €134,572 | +€34,797 | +34.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €19,174 | €19,174 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €17,314 | €17,314 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,001 | €96,797 | +€34,797 | +56.1% |
| Amounts payable | 17/49 | €67,301 | €64,430 | -€2,871 | -4.3% |
| Amounts payable within one year | 42/48 | €67,301 | €64,430 | -€2,871 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | €8,290 | €8,296 | +€6 | +0.1% |
| Trade debts | 44 | €5,971 | €1,544 | -€4,427 | -74.1% |
| Suppliers | 440/4 | €5,971 | €1,544 | -€4,427 | -74.1% |
| Taxes, remuneration and social security | 45 | €7,669 | €7,311 | -€358 | -4.7% |
| Taxes | 450/3 | €5,169 | €7,311 | +€2,142 | +41.4% |
| Remuneration and social security | 454/9 | €2,500 | - | -€2,500 | |
| Other amounts payable | 47/48 | €45,370 | €47,279 | +€1,909 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €151 | - | -€151 | |
| Other operating charges | 640/8 | €276 | €64 | -€212 | -76.9% |
| Gross operating margin | 9900 | €19,754 | €44,184 | +€24,430 | +123.7% |
| Operating profit (loss) | 9901 | €19,327 | €44,120 | +€24,793 | +128.3% |
| Financial income | 75/76B | €593 | €1,421 | +€828 | +139.7% |
| Recurring financial income | 75 | €593 | €1,421 | +€828 | +139.7% |
| Financial charges | 65/66B | €521 | €844 | +€323 | +62.0% |
| Recurring financial charges | 65 | €521 | €844 | +€323 | +62.0% |
| Profit (loss) for the period before taxes | 9903 | €19,399 | €44,697 | +€25,298 | +130.4% |
| Income taxes | 67/77 | €2,725 | €9,900 | +€7,175 | +263.3% |
| Profit (loss) for the period | 9904 | €16,674 | €34,797 | +€18,123 | +108.7% |
| Profit (loss) for the period to be appropriated | 9905 | €16,674 | €34,797 | +€18,123 | +108.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.