JH PROCESS 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.
JH PROCESS ENGINEERING
Largest movements
- Cash +€34,248
up €34,248 (+77.0%), from €44,449 to €78,696
mainly Other debts (+€38,306) and Current investments (+€25,000)
- Current investments -€25,000
down €25,000 (-55.6%), from €45,000 to €20,000
- Receivables within one year +€15,732
up €15,732 (+115.6%), from €13,613 to €29,344
- Deferred charges and accrued income -€3,422
down €3,422 (-50.6%), from €6,760 to €3,338
- Other debts +€38,306
up €38,306 (+1686.1%), from €2,272 to €40,578
- Reserves -€26,250
down €26,250 (-27.9%), from €94,112 to €67,862
- Tax, wage and social debts +€8,224
up €8,224 (+55.9%), from €14,722 to €22,946
of which Taxes: +€4,717
- Gross operating margin -€10,159
down €10,159 (-33.9%), from €30,001 to €19,842
- Taxes -€3,346
down €3,346 (-44.4%), from €7,543 to €4,196
- Financial income +€1,025
new in 2025: €1,025
- Depreciation +€900
up €900 (+354.6%), from €254 to €1,154
- Financial charges -€546
down €546 (-20.7%), from €2,641 to €2,095
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 | €112,472 | €133,393 | +€20,921 | +18.6% |
| Fixed assets | 21/28 | €2,651 | €2,015 | -€636 | -24.0% |
| Tangible fixed assets | 22/27 | €2,651 | €2,015 | -€636 | -24.0% |
| Furniture and vehicles | 24 | €2,651 | €2,015 | -€636 | -24.0% |
| Current assets | 29/58 | €109,821 | €131,378 | +€21,557 | +19.6% |
| Amounts receivable within one year | 40/41 | €13,613 | €29,344 | +€15,732 | +115.6% |
| Trade receivables | 40 | €13,613 | €29,344 | +€15,732 | +115.6% |
| Current investments | 50/53 | €45,000 | €20,000 | -€25,000 | -55.6% |
| Cash at bank and in hand | 54/58 | €44,449 | €78,696 | +€34,248 | +77.0% |
| Deferred charges and accrued income | 490/1 | €6,760 | €3,338 | -€3,422 | -50.6% |
| Total equity and liabilities | 10/49 | €112,472 | €133,393 | +€20,921 | +18.6% |
| Equity | 10/15 | €95,112 | €68,862 | -€26,250 | -27.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €94,112 | €67,862 | -€26,250 | -27.9% |
| Distributable reserves | 133 | €94,112 | €67,862 | -€26,250 | -27.9% |
| Amounts payable | 17/49 | €17,360 | €64,531 | +€47,171 | +271.7% |
| Amounts payable within one year | 42/48 | €17,360 | €64,381 | +€47,021 | +270.9% |
| Trade debts | 44 | €366 | €857 | +€491 | +133.9% |
| Suppliers | 440/4 | €366 | €857 | +€491 | +133.9% |
| Taxes, remuneration and social security | 45 | €14,722 | €22,946 | +€8,224 | +55.9% |
| Taxes | 450/3 | €14,722 | €19,439 | +€4,717 | +32.0% |
| Remuneration and social security | 454/9 | - | €3,507 | +€3,507 | |
| Other amounts payable | 47/48 | €2,272 | €40,578 | +€38,306 | +1686.1% |
| Accrued charges and deferred income | 492/3 | - | €150 | +€150 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €254 | €1,154 | +€900 | +354.6% |
| Other operating charges | 640/8 | €1,150 | €1,355 | +€205 | +17.9% |
| Gross operating margin | 9900 | €30,001 | €19,842 | -€10,159 | -33.9% |
| Operating profit (loss) | 9901 | €28,597 | €17,333 | -€11,265 | -39.4% |
| Financial income | 75/76B | - | €1,025 | +€1,025 | |
| Recurring financial income | 75 | - | €1,025 | +€1,025 | |
| Financial charges | 65/66B | €2,641 | €2,095 | -€546 | -20.7% |
| Recurring financial charges | 65 | €2,641 | €2,095 | -€546 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €25,956 | €16,263 | -€9,693 | -37.3% |
| Income taxes | 67/77 | €7,543 | €4,196 | -€3,346 | -44.4% |
| Profit (loss) for the period | 9904 | €18,413 | €12,066 | -€6,347 | -34.5% |
| Profit (loss) for the period to be appropriated | 9905 | €18,413 | €12,066 | -€6,347 | -34.5% |
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 7 October 2026 via checked.be.