JOCE 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.
JOCE Engineering
Largest movements
- Cash +€42,964
up €42,964 (+234.5%), from €18,319 to €61,283
mainly Net result for the year (+€34,116) and Tax, wage and social debts (+€6,438)
- Deferred charges and accrued income -€2,771
down €2,771 (-23.1%), from €11,982 to €9,211
- Tangible fixed assets +€2,009
new in 2025: €2,009
- Receivables within one year -€1,997
down €1,997 (-5.0%), from €40,206 to €38,208
of which Other amounts receivable: -€3,570
- Reserves +€34,116
up €34,116 (+79.4%), from €42,990 to €77,106
- Tax, wage and social debts +€6,438
up €6,438 (+32.6%), from €19,725 to €26,164
- Gross operating margin +€2,896
up €2,896 (+6.8%), from €42,570 to €45,467
- Other operating charges -€594
down €594 (-77.0%), from €772 to €178
- Depreciation +€463
new in 2025: €463
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 | €70,507 | €110,712 | +€40,204 | +57.0% |
| Fixed assets | 21/28 | €0 | €2,009 | +€2,009 | |
| Tangible fixed assets | 22/27 | - | €2,009 | +€2,009 | |
| Furniture and vehicles | 24 | - | €2,009 | +€2,009 | |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €70,507 | €108,703 | +€38,196 | +54.2% |
| Amounts receivable within one year | 40/41 | €40,206 | €38,208 | -€1,997 | -5.0% |
| Trade receivables | 40 | €24,551 | €26,124 | +€1,573 | +6.4% |
| Other amounts receivable | 41 | €15,655 | €12,085 | -€3,570 | -22.8% |
| Cash at bank and in hand | 54/58 | €18,319 | €61,283 | +€42,964 | +234.5% |
| Deferred charges and accrued income | 490/1 | €11,982 | €9,211 | -€2,771 | -23.1% |
| Total equity and liabilities | 10/49 | €70,507 | €110,712 | +€40,204 | +57.0% |
| Equity | 10/15 | €49,990 | €84,106 | +€34,116 | +68.2% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €42,990 | €77,106 | +€34,116 | +79.4% |
| Distributable reserves | 133 | €42,990 | €77,106 | +€34,116 | +79.4% |
| Amounts payable | 17/49 | €20,517 | €26,605 | +€6,088 | +29.7% |
| Amounts payable within one year | 42/48 | €20,517 | €26,269 | +€5,752 | +28.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €792 | €106 | -€686 | -86.6% |
| Suppliers | 440/4 | €792 | €106 | -€686 | -86.6% |
| Taxes, remuneration and social security | 45 | €19,725 | €26,164 | +€6,438 | +32.6% |
| Taxes | 450/3 | €19,725 | €26,164 | +€6,438 | +32.6% |
| Accrued charges and deferred income | 492/3 | - | €336 | +€336 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €463 | +€463 | |
| Other operating charges | 640/8 | €772 | €178 | -€594 | -77.0% |
| Gross operating margin | 9900 | €42,570 | €45,467 | +€2,896 | +6.8% |
| Operating profit (loss) | 9901 | €41,799 | €44,827 | +€3,028 | +7.2% |
| Financial income | 75/76B | €4 | €0 | -€4 | -100.0% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -100.0% |
| Financial charges | 65/66B | €853 | €1,150 | +€297 | +34.8% |
| Recurring financial charges | 65 | €853 | €1,150 | +€297 | +34.8% |
| Profit (loss) for the period before taxes | 9903 | €40,950 | €43,677 | +€2,727 | +6.7% |
| Income taxes | 67/77 | €9,448 | €9,561 | +€112 | +1.2% |
| Profit (loss) for the period | 9904 | €31,501 | €34,116 | +€2,615 | +8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €31,501 | €34,116 | +€2,615 | +8.3% |
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 8 October 2026 via checked.be.