Jema 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.
Jema Engineering
Largest movements
- Cash -€63,331
down €63,331 (-60.2%), from €105,153 to €41,822
mainly Contributions, distributions and other (-€97,647) and Investment in fixed assets (net) (-€23,553)
- Tangible fixed assets +€20,635
up €20,635 (+1685.2%), from €1,225 to €21,859
of which Land and buildings: +€12,155
- Receivables within one year -€14,670
down €14,670 (-74.8%), from €19,603 to €4,933
of which Trade receivables: -€15,488
- Reserves -€55,428
down €55,428 (-55.4%), from €99,968 to €44,540
- Tax, wage and social debts -€2,060
down €2,060 (-31.9%), from €6,461 to €4,401
- Gross operating margin -€12,482
down €12,482 (-17.7%), from €70,463 to €57,981
- Depreciation +€2,052
up €2,052 (+236.9%), from €866 to €2,918
- Taxes -€1,582
down €1,582 (-11.9%), from €13,326 to €11,745
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 | €125,980 | €68,614 | -€57,366 | -45.5% |
| Fixed assets | 21/28 | €1,225 | €21,859 | +€20,635 | +1685.2% |
| Tangible fixed assets | 22/27 | €1,225 | €21,859 | +€20,635 | +1685.2% |
| Land and buildings | 22 | €0 | €12,155 | +€12,155 | |
| Furniture and vehicles | 24 | €1,225 | €9,704 | +€8,480 | +692.5% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €124,756 | €46,755 | -€78,001 | -62.5% |
| Amounts receivable within one year | 40/41 | €19,603 | €4,933 | -€14,670 | -74.8% |
| Trade receivables | 40 | €15,488 | €0 | -€15,488 | -100.0% |
| Other amounts receivable | 41 | €4,115 | €4,933 | +€818 | +19.9% |
| Cash at bank and in hand | 54/58 | €105,153 | €41,822 | -€63,331 | -60.2% |
| Total equity and liabilities | 10/49 | €125,980 | €68,614 | -€57,366 | -45.5% |
| Equity | 10/15 | €118,568 | €63,140 | -€55,428 | -46.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €99,968 | €44,540 | -€55,428 | -55.4% |
| Distributable reserves | 133 | €99,968 | €44,540 | -€55,428 | -55.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €7,412 | €5,475 | -€1,937 | -26.1% |
| Amounts payable within one year | 42/48 | €7,412 | €5,475 | -€1,937 | -26.1% |
| Trade debts | 44 | - | €138 | +€138 | |
| Suppliers | 440/4 | - | €138 | +€138 | |
| Taxes, remuneration and social security | 45 | €6,461 | €4,401 | -€2,060 | -31.9% |
| Taxes | 450/3 | €6,461 | €4,401 | -€2,060 | -31.9% |
| Other amounts payable | 47/48 | €951 | €936 | -€15 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €866 | €2,918 | +€2,052 | +236.9% |
| Other operating charges | 640/8 | €984 | €787 | -€197 | -20.0% |
| Non-recurring operating charges | 66A | €8,867 | €0 | -€8,867 | -100.0% |
| Gross operating margin | 9900 | €70,463 | €57,981 | -€12,482 | -17.7% |
| Operating profit (loss) | 9901 | €59,747 | €54,276 | -€5,471 | -9.2% |
| Financial income | 75/76B | €62 | €62 | +€0 | +0.3% |
| Recurring financial income | 75 | €62 | €62 | +€0 | +0.3% |
| Financial charges | 65/66B | €847 | €374 | -€473 | -55.8% |
| Recurring financial charges | 65 | €847 | €374 | -€473 | -55.8% |
| Profit (loss) for the period before taxes | 9903 | €58,961 | €53,963 | -€4,998 | -8.5% |
| Income taxes | 67/77 | €13,326 | €11,745 | -€1,582 | -11.9% |
| Profit (loss) for the period | 9904 | €45,635 | €42,219 | -€3,416 | -7.5% |
| Profit (loss) for the period to be appropriated | 9905 | €45,635 | €42,219 | -€3,416 | -7.5% |
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 3 October 2026 via checked.be.