JLB 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.
JLB ENGINEERING
Largest movements
- Current investments +€198,138
up €198,138 (+1504.9%), from €13,166 to €211,304
- Cash -€86,829
down €86,829 (-89.5%), from €97,044 to €10,215
mainly Current investments (-€198,138) and Trade debts (-€99,895)
- Receivables within one year -€71,809
down €71,809 (-22.6%), from €317,763 to €245,954
of which Trade receivables: -€140,251
- Stocks and contracts +€34,963
up €34,963 (+511.9%), from €6,830 to €41,793
of which Stocks: +€25,719
- Tangible fixed assets +€21,482
up €21,482 (+7.5%), from €285,047 to €306,529
of which Furniture and vehicles: +€19,634
- Reserves +€257,306
up €257,306 (+171.7%), from €149,815 to €407,121
of which Distributable reserves: +€257,306
- Trade debts -€99,895
down €99,895 (-35.5%), from €281,597 to €181,702
- Other debts -€34,833
down €34,833 (-69.8%), from €49,922 to €15,089
- Current portion of long-term debt -€17,021
down €17,021 (-36.5%), from €46,583 to €29,563
- Debts after one year -€9,059
down €9,059 (-8.5%), from €106,109 to €97,050
- Gross operating margin +€313,610
up €313,610 (+274.2%), from €114,354 to €427,964
- Taxes +€97,391
up €97,391 (+476.0%), from €20,462 to €117,853
- Other operating charges +€5,994
up €5,994 (+698.2%), from €859 to €6,853
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 | €721,000 | €816,556 | +€95,556 | +13.3% |
| Fixed assets | 21/28 | €285,047 | €306,529 | +€21,482 | +7.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €285,047 | €306,529 | +€21,482 | +7.5% |
| Land and buildings | 22 | €244,438 | €228,850 | -€15,587 | -6.4% |
| Plant, machinery and equipment | 23 | €11,640 | €29,076 | +€17,435 | +149.8% |
| Furniture and vehicles | 24 | €28,969 | €48,603 | +€19,634 | +67.8% |
| Current assets | 29/58 | €435,953 | €510,027 | +€74,074 | +17.0% |
| Stocks and contracts in progress | 3 | €6,830 | €41,793 | +€34,963 | +511.9% |
| Stocks | 30/36 | €6,830 | €32,549 | +€25,719 | +376.6% |
| Contracts in progress | 37 | - | €9,245 | +€9,245 | |
| Amounts receivable within one year | 40/41 | €317,763 | €245,954 | -€71,809 | -22.6% |
| Trade receivables | 40 | €303,492 | €163,241 | -€140,251 | -46.2% |
| Other amounts receivable | 41 | €14,271 | €82,713 | +€68,442 | +479.6% |
| Current investments | 50/53 | €13,166 | €211,304 | +€198,138 | +1504.9% |
| Cash at bank and in hand | 54/58 | €97,044 | €10,215 | -€86,829 | -89.5% |
| Deferred charges and accrued income | 490/1 | €1,151 | €761 | -€390 | -33.9% |
| Total equity and liabilities | 10/49 | €721,000 | €816,556 | +€95,556 | +13.3% |
| Equity | 10/15 | €231,840 | €489,146 | +€257,306 | +111.0% |
| Contributions | 10/11 | €82,025 | €82,025 | = | 0.0% |
| Reserves | 13 | €149,815 | €407,121 | +€257,306 | +171.7% |
| Non-distributable reserves | 130/1 | €5,795 | €5,795 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,795 | €5,795 | = | 0.0% |
| Distributable reserves | 133 | €144,019 | €401,325 | +€257,306 | +178.7% |
| Amounts payable | 17/49 | €489,161 | €327,410 | -€161,751 | -33.1% |
| Amounts payable after more than one year | 17 | €106,109 | €97,050 | -€9,059 | -8.5% |
| Financial debts | 170/4 | €106,109 | €97,050 | -€9,059 | -8.5% |
| Amounts payable within one year | 42/48 | €383,052 | €230,360 | -€152,692 | -39.9% |
| Current portion of amounts payable after more than one year | 42 | €46,583 | €29,563 | -€17,021 | -36.5% |
| Trade debts | 44 | €281,597 | €181,702 | -€99,895 | -35.5% |
| Suppliers | 440/4 | €281,597 | €181,702 | -€99,895 | -35.5% |
| Taxes, remuneration and social security | 45 | €4,949 | €4,006 | -€942 | -19.0% |
| Taxes | 450/3 | €2,795 | €2,327 | -€467 | -16.7% |
| Remuneration and social security | 454/9 | €2,154 | €1,679 | -€475 | -22.1% |
| Other amounts payable | 47/48 | €49,922 | €15,089 | -€34,833 | -69.8% |
| Non-recurring operating income | 76A | - | €12,819 | +€12,819 | |
| Remuneration, social security and pensions | 62 | €12,866 | €13,292 | +€425 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,271 | €31,040 | -€231 | -0.7% |
| Other operating charges | 640/8 | €859 | €6,853 | +€5,994 | +698.2% |
| Gross operating margin | 9900 | €114,354 | €427,964 | +€313,610 | +274.2% |
| Operating profit (loss) | 9901 | €69,359 | €376,780 | +€307,421 | +443.2% |
| Financial income | 75/76B | €458 | €1,064 | +€606 | +132.2% |
| Recurring financial income | 75 | €458 | €1,064 | +€606 | +132.2% |
| Financial charges | 65/66B | €2,892 | €2,685 | -€207 | -7.2% |
| Recurring financial charges | 65 | €2,892 | €2,685 | -€207 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €66,925 | €375,159 | +€308,234 | +460.6% |
| Income taxes | 67/77 | €20,462 | €117,853 | +€97,391 | +476.0% |
| Profit (loss) for the period | 9904 | €46,463 | €257,306 | +€210,843 | +453.8% |
| Profit (loss) for the period to be appropriated | 9905 | €46,463 | €257,306 | +€210,843 | +453.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.