JN 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.
JN Engineering
Largest movements
- Current investments +€172,500
new in 2025: €172,500
- Cash -€88,919
down €88,919 (-53.4%), from €166,479 to €77,560
mainly Current investments (-€172,500) and Investment in fixed assets (net) (-€24,621)
- Receivables within one year -€17,436
down €17,436 (-98.6%), from €17,687 to €251
of which Trade receivables: -€16,068
- Tangible fixed assets +€9,880
up €9,880 (+30.0%), from €32,986 to €42,866
of which Plant, machinery and equipment: +€18,490
- Reserves +€96,686
up €96,686 (+73.0%), from €132,429 to €229,115
- Tax, wage and social debts -€11,062
down €11,062 (-27.4%), from €40,428 to €29,366
- Debts after one year -€10,913
down €10,913 (-69.9%), from €15,621 to €4,708
- Other debts +€10,160
up €10,160 (+1219.7%), from €833 to €10,993
- Trade debts -€9,070
down €9,070 (-67.1%), from €13,518 to €4,447
- Gross operating margin +€26,948
up €26,948 (+24.0%), from €112,127 to €139,075
- Taxes +€6,316
up €6,316 (+30.7%), from €20,593 to €26,909
- Depreciation +€2,560
up €2,560 (+21.0%), from €12,181 to €14,741
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 | €218,282 | €295,078 | +€76,796 | +35.2% |
| Fixed assets | 21/28 | €32,991 | €42,871 | +€9,880 | +29.9% |
| Tangible fixed assets | 22/27 | €32,986 | €42,866 | +€9,880 | +30.0% |
| Plant, machinery and equipment | 23 | €4,033 | €22,523 | +€18,490 | +458.4% |
| Furniture and vehicles | 24 | €28,953 | €20,343 | -€8,609 | -29.7% |
| Financial fixed assets | 28 | €5 | €5 | = | 0.0% |
| Current assets | 29/58 | €185,291 | €252,206 | +€66,916 | +36.1% |
| Amounts receivable within one year | 40/41 | €17,687 | €251 | -€17,436 | -98.6% |
| Trade receivables | 40 | €16,068 | - | -€16,068 | |
| Other amounts receivable | 41 | €1,619 | €251 | -€1,368 | -84.5% |
| Current investments | 50/53 | - | €172,500 | +€172,500 | |
| Cash at bank and in hand | 54/58 | €166,479 | €77,560 | -€88,919 | -53.4% |
| Deferred charges and accrued income | 490/1 | €1,125 | €1,896 | +€771 | +68.5% |
| Total equity and liabilities | 10/49 | €218,282 | €295,078 | +€76,796 | +35.2% |
| Equity | 10/15 | €137,429 | €234,115 | +€96,686 | +70.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €132,429 | €229,115 | +€96,686 | +73.0% |
| Distributable reserves | 133 | €132,429 | €229,115 | +€96,686 | +73.0% |
| Amounts payable | 17/49 | €80,853 | €60,963 | -€19,890 | -24.6% |
| Amounts payable after more than one year | 17 | €15,621 | €4,708 | -€10,913 | -69.9% |
| Financial debts | 170/4 | €15,621 | €4,708 | -€10,913 | -69.9% |
| Amounts payable within one year | 42/48 | €65,168 | €55,719 | -€9,449 | -14.5% |
| Current portion of amounts payable after more than one year | 42 | €10,390 | €10,913 | +€523 | +5.0% |
| Trade debts | 44 | €13,518 | €4,447 | -€9,070 | -67.1% |
| Suppliers | 440/4 | €13,518 | €4,447 | -€9,070 | -67.1% |
| Taxes, remuneration and social security | 45 | €40,428 | €29,366 | -€11,062 | -27.4% |
| Taxes | 450/3 | €40,428 | €29,366 | -€11,062 | -27.4% |
| Other amounts payable | 47/48 | €833 | €10,993 | +€10,160 | +1219.7% |
| Accrued charges and deferred income | 492/3 | €64 | €536 | +€472 | +739.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,181 | €14,741 | +€2,560 | +21.0% |
| Other operating charges | 640/8 | €147 | €434 | +€287 | +194.6% |
| Gross operating margin | 9900 | €112,127 | €139,075 | +€26,948 | +24.0% |
| Operating profit (loss) | 9901 | €99,798 | €123,899 | +€24,101 | +24.2% |
| Financial income | 75/76B | €195 | €1,352 | +€1,157 | +594.7% |
| Recurring financial income | 75 | €195 | €1,352 | +€1,157 | +594.7% |
| Financial charges | 65/66B | €1,707 | €1,656 | -€51 | -3.0% |
| Recurring financial charges | 65 | €1,707 | €1,656 | -€51 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | €98,286 | €123,595 | +€25,309 | +25.8% |
| Income taxes | 67/77 | €20,593 | €26,909 | +€6,316 | +30.7% |
| Profit (loss) for the period | 9904 | €77,694 | €96,686 | +€18,993 | +24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €77,694 | €96,686 | +€18,993 | +24.4% |
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 4 October 2026 via checked.be.