JCH 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.
JCH ENGINEERING
Largest movements
- Cash -€70,368
down €70,368 (-44.4%), from €158,544 to €88,176
mainly Contributions, distributions and other (-€235,977) and Investment in fixed assets (net) (-€59,457)
- Tangible fixed assets +€44,505
up €44,505 (+55.9%), from €79,630 to €124,135
of which Furniture and vehicles: +€51,977
- Reserves -€155,886
down €155,886 (-100.0%), from €155,886 to €0
- Other debts +€150,114
up €150,114 (+157.4%), from €95,389 to €245,503
- Debts after one year -€16,451
down €16,451 (-70.6%), from €23,306 to €6,855
- Gross operating margin -€2,426
down €2,426 (-2.0%), from €121,860 to €119,434
- Depreciation +€1,385
up €1,385 (+10.2%), from €13,567 to €14,952
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 | €298,260 | €273,671 | -€24,589 | -8.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €79,754 | €124,259 | +€44,505 | +55.8% |
| Tangible fixed assets | 22/27 | €79,630 | €124,135 | +€44,505 | +55.9% |
| Land and buildings | 22 | €64,248 | €55,035 | -€9,213 | -14.3% |
| Plant, machinery and equipment | 23 | - | €1,216 | +€1,216 | |
| Furniture and vehicles | 24 | €5,776 | €57,754 | +€51,977 | +899.8% |
| Other tangible fixed assets | 26 | €9,605 | €10,130 | +€525 | +5.5% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €218,506 | €149,412 | -€69,094 | -31.6% |
| Amounts receivable within one year | 40/41 | €32,051 | €33,957 | +€1,906 | +5.9% |
| Trade receivables | 40 | €27,192 | €30,746 | +€3,554 | +13.1% |
| Other amounts receivable | 41 | €4,859 | €3,211 | -€1,648 | -33.9% |
| Current investments | 50/53 | €25,000 | €25,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €158,544 | €88,176 | -€70,368 | -44.4% |
| Deferred charges and accrued income | 490/1 | €2,911 | €2,279 | -€631 | -21.7% |
| Total equity and liabilities | 10/49 | €298,260 | €273,671 | -€24,589 | -8.2% |
| Equity | 10/15 | €158,386 | €2,500 | -€155,886 | -98.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €155,886 | €0 | -€155,886 | -100.0% |
| Distributable reserves | 133 | €155,886 | €0 | -€155,886 | -100.0% |
| Amounts payable | 17/49 | €139,873 | €271,171 | +€131,297 | +93.9% |
| Amounts payable after more than one year | 17 | €23,306 | €6,855 | -€16,451 | -70.6% |
| Financial debts | 170/4 | €23,306 | €6,855 | -€16,451 | -70.6% |
| Amounts payable within one year | 42/48 | €116,008 | €264,316 | +€148,308 | +127.8% |
| Current portion of amounts payable after more than one year | 42 | €16,451 | €16,451 | = | 0.0% |
| Trade debts | 44 | €2,351 | €1,280 | -€1,071 | -45.5% |
| Suppliers | 440/4 | €2,351 | €1,280 | -€1,071 | -45.5% |
| Taxes, remuneration and social security | 45 | €1,817 | €1,082 | -€735 | -40.5% |
| Taxes | 450/3 | €1,817 | €1,082 | -€735 | -40.5% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €95,389 | €245,503 | +€150,114 | +157.4% |
| Accrued charges and deferred income | 492/3 | €560 | €0 | -€560 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,567 | €14,952 | +€1,385 | +10.2% |
| Other operating charges | 640/8 | €628 | €625 | -€3 | -0.4% |
| Non-recurring operating charges | 66A | €300 | - | -€300 | |
| Gross operating margin | 9900 | €121,860 | €119,434 | -€2,426 | -2.0% |
| Operating profit (loss) | 9901 | €107,366 | €103,857 | -€3,508 | -3.3% |
| Financial income | 75/76B | €718 | €587 | -€132 | -18.3% |
| Recurring financial income | 75 | €718 | €587 | -€132 | -18.3% |
| Financial charges | 65/66B | €2,070 | €1,819 | -€251 | -12.1% |
| Recurring financial charges | 65 | €2,070 | €1,819 | -€251 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | €106,014 | €102,625 | -€3,389 | -3.2% |
| Income taxes | 67/77 | €23,573 | €22,535 | -€1,039 | -4.4% |
| Profit (loss) for the period | 9904 | €82,441 | €80,091 | -€2,350 | -2.9% |
| Profit (loss) for the period to be appropriated | 9905 | €82,441 | €80,091 | -€2,350 | -2.9% |
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 12 October 2026 via checked.be.