JBD 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.
JBD Engineering
Largest movements
- Tangible fixed assets +€115,072
up €115,072 (+36.1%), from €318,777 to €433,849
of which Plant, machinery and equipment: +€114,244
- Cash +€25,030
up €25,030 (+297.6%), from €8,411 to €33,441
mainly Depreciation (+€122,084) and Trade debts (+€53,006)
- Receivables within one year +€14,625
up €14,625 (+17.2%), from €84,969 to €99,595
of which Trade receivables: +€13,381
- Trade debts +€53,006
up €53,006 (+97.1%), from €54,609 to €107,615
- Reserves +€48,882
up €48,882 (+54.4%), from €89,917 to €138,799
- Tax, wage and social debts +€37,140
up €37,140 (+196.5%), from €18,899 to €56,039
of which Taxes: +€22,213
- Debts after one year -€29,989
down €29,989 (-16.4%), from €183,348 to €153,360
- Short-term financial debts +€27,569
new in 2025: €27,569
- Gross operating margin +€183,059
up €183,059 (+157.8%), from €116,011 to €299,070
- Staff costs +€96,241
new in 2025: €96,241
- Depreciation +€40,222
up €40,222 (+49.1%), from €81,861 to €122,084
- Taxes +€17,169
up €17,169 (+1308.8%), from €1,312 to €18,481
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 | €428,189 | €584,100 | +€155,911 | +36.4% |
| Fixed assets | 21/28 | €325,076 | €438,467 | +€113,392 | +34.9% |
| Intangible fixed assets | 21 | €4,924 | €3,244 | -€1,680 | -34.1% |
| Tangible fixed assets | 22/27 | €318,777 | €433,849 | +€115,072 | +36.1% |
| Plant, machinery and equipment | 23 | €303,783 | €418,027 | +€114,244 | +37.6% |
| Furniture and vehicles | 24 | €14,993 | €15,822 | +€828 | +5.5% |
| Financial fixed assets | 28 | €1,375 | €1,375 | = | 0.0% |
| Current assets | 29/58 | €103,113 | €145,633 | +€42,520 | +41.2% |
| Stocks and contracts in progress | 3 | €4,550 | €5,754 | +€1,204 | +26.5% |
| Contracts in progress | 37 | €4,550 | €5,754 | +€1,204 | +26.5% |
| Amounts receivable within one year | 40/41 | €84,969 | €99,595 | +€14,625 | +17.2% |
| Trade receivables | 40 | €83,004 | €96,385 | +€13,381 | +16.1% |
| Other amounts receivable | 41 | €1,965 | €3,209 | +€1,244 | +63.3% |
| Cash at bank and in hand | 54/58 | €8,411 | €33,441 | +€25,030 | +297.6% |
| Deferred charges and accrued income | 490/1 | €5,182 | €6,842 | +€1,660 | +32.0% |
| Total equity and liabilities | 10/49 | €428,189 | €584,100 | +€155,911 | +36.4% |
| Equity | 10/15 | €92,417 | €141,299 | +€48,882 | +52.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €89,917 | €138,799 | +€48,882 | +54.4% |
| Distributable reserves | 133 | €89,917 | €138,799 | +€48,882 | +54.4% |
| Amounts payable | 17/49 | €335,772 | €442,801 | +€107,029 | +31.9% |
| Amounts payable after more than one year | 17 | €183,348 | €153,360 | -€29,989 | -16.4% |
| Financial debts | 170/4 | €183,348 | €153,360 | -€29,989 | -16.4% |
| Amounts payable within one year | 42/48 | €152,423 | €289,441 | +€137,018 | +89.9% |
| Current portion of amounts payable after more than one year | 42 | €69,607 | €85,962 | +€16,354 | +23.5% |
| Financial debts | 43 | - | €27,569 | +€27,569 | |
| Credit institutions | 430/8 | - | €27,569 | +€27,569 | |
| Trade debts | 44 | €54,609 | €107,615 | +€53,006 | +97.1% |
| Suppliers | 440/4 | €54,609 | €107,615 | +€53,006 | +97.1% |
| Taxes, remuneration and social security | 45 | €18,899 | €56,039 | +€37,140 | +196.5% |
| Taxes | 450/3 | €18,899 | €41,112 | +€22,213 | +117.5% |
| Remuneration and social security | 454/9 | - | €14,927 | +€14,927 | |
| Other amounts payable | 47/48 | €9,308 | €12,256 | +€2,948 | +31.7% |
| Remuneration, social security and pensions | 62 | - | €96,241 | +€96,241 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,861 | €122,084 | +€40,222 | +49.1% |
| Other operating charges | 640/8 | €1,025 | €1,224 | +€199 | +19.4% |
| Gross operating margin | 9900 | €116,011 | €299,070 | +€183,059 | +157.8% |
| Operating profit (loss) | 9901 | €33,124 | €79,521 | +€46,397 | +140.1% |
| Financial income | 75/76B | €2 | €224 | +€222 | +11043.3% |
| Recurring financial income | 75 | €2 | €224 | +€222 | +11043.3% |
| Financial charges | 65/66B | €10,249 | €12,382 | +€2,133 | +20.8% |
| Recurring financial charges | 65 | €10,249 | €12,382 | +€2,133 | +20.8% |
| Profit (loss) for the period before taxes | 9903 | €22,878 | €67,363 | +€44,486 | +194.4% |
| Income taxes | 67/77 | €1,312 | €18,481 | +€17,169 | +1308.8% |
| Profit (loss) for the period | 9904 | €21,566 | €48,882 | +€27,316 | +126.7% |
| Profit (loss) for the period to be appropriated | 9905 | €21,566 | €48,882 | +€27,316 | +126.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.