JK 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.
JK Engineering
Largest movements
- Receivables within one year +€24,807
up €24,807 (+73.3%), from €33,863 to €58,670
- Cash +€12,390
up €12,390 (+80.0%), from €15,496 to €27,885
mainly Net result for the year (+€97,078) and Tax, wage and social debts (+€32,850)
- Stocks and contracts -€3,442
no longer reported in 2025 (was €3,442)
- Tangible fixed assets -€1,953
down €1,953 (-48.1%), from €4,058 to €2,105
- Tax, wage and social debts +€32,850
up €32,850 (+81.1%), from €40,499 to €73,349
- Trade debts -€1,045
down €1,045 (-41.2%), from €2,534 to €1,490
- Gross operating margin +€16,135
up €16,135 (+13.9%), from €116,198 to €132,333
- Taxes +€8,114
up €8,114 (+30.7%), from €26,400 to €34,514
- Financial income +€4,755
up €4,755 (+32,215%), from €15 to €4,770
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.
Derived cash bridge
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 | €57,717 | €89,523 | +€31,806 | +55.1% |
| Fixed assets | 21/28 | €4,058 | €2,105 | -€1,953 | -48.1% |
| Tangible fixed assets | 22/27 | €4,058 | €2,105 | -€1,953 | -48.1% |
| Furniture and vehicles | 24 | €4,058 | €2,105 | -€1,953 | -48.1% |
| Current assets | 29/58 | €53,659 | €87,418 | +€33,759 | +62.9% |
| Stocks and contracts in progress | 3 | €3,442 | - | -€3,442 | |
| Stocks | 30/36 | €3,442 | - | -€3,442 | |
| Amounts receivable within one year | 40/41 | €33,863 | €58,670 | +€24,807 | +73.3% |
| Other amounts receivable | 41 | €33,863 | €58,670 | +€24,807 | +73.3% |
| Cash at bank and in hand | 54/58 | €15,496 | €27,885 | +€12,390 | +80.0% |
| Deferred charges and accrued income | 490/1 | €859 | €863 | +€4 | +0.5% |
| Total equity and liabilities | 10/49 | €57,717 | €89,523 | +€31,806 | +55.1% |
| Equity | 10/15 | €14,684 | €14,684 | = | 0.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €12,684 | €12,684 | = | 0.0% |
| Distributable reserves | 133 | €12,684 | €12,684 | = | 0.0% |
| Amounts payable | 17/49 | €43,033 | €74,839 | +€31,806 | +73.9% |
| Amounts payable within one year | 42/48 | €43,033 | €74,839 | +€31,806 | +73.9% |
| Trade debts | 44 | €2,534 | €1,490 | -€1,045 | -41.2% |
| Suppliers | 440/4 | €2,534 | €1,490 | -€1,045 | -41.2% |
| Taxes, remuneration and social security | 45 | €40,499 | €73,349 | +€32,850 | +81.1% |
| Taxes | 450/3 | €40,499 | €73,349 | +€32,850 | +81.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,271 | €1,953 | -€318 | -14.0% |
| Other operating charges | 640/8 | €1,943 | €1,471 | -€472 | -24.3% |
| Gross operating margin | 9900 | €116,198 | €132,333 | +€16,135 | +13.9% |
| Operating profit (loss) | 9901 | €111,985 | €128,909 | +€16,925 | +15.1% |
| Financial income | 75/76B | €15 | €4,770 | +€4,755 | +32,215% |
| Recurring financial income | 75 | €15 | €4,770 | +€4,755 | +32,215% |
| Financial charges | 65/66B | €2,554 | €2,087 | -€467 | -18.3% |
| Recurring financial charges | 65 | €2,554 | €2,087 | -€467 | -18.3% |
| Profit (loss) for the period before taxes | 9903 | €109,445 | €131,592 | +€22,147 | +20.2% |
| Income taxes | 67/77 | €26,400 | €34,514 | +€8,114 | +30.7% |
| Profit (loss) for the period | 9904 | €83,045 | €97,078 | +€14,033 | +16.9% |
| Profit (loss) for the period to be appropriated | 9905 | €83,045 | €97,078 | +€14,033 | +16.9% |
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 28 October 2026 via checked.be.