JoRo 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.
JoRo Engineering
Largest movements
- Cash +€8,888
up €8,888 (+57.4%), from €15,496 to €24,384
mainly Depreciation (+€4,899) and Other debts (+€3,967)
- Tangible fixed assets -€1,515
down €1,515 (-13.9%), from €10,918 to €9,403
- Other debts +€3,967
up €3,967 (+102.3%), from €3,878 to €7,844
- Reserves +€2,880
up €2,880 (+5.3%), from €54,798 to €57,678
- Gross operating margin -€15,459
down €15,459 (-64.6%), from €23,926 to €8,467
- Taxes -€5,399
down €5,399 (-77.8%), from €6,938 to €1,539
- Depreciation +€1,622
up €1,622 (+49.5%), from €3,278 to €4,899
- Financial income +€1,350
up €1,350 (+239.8%), from €563 to €1,913
- Financial charges +€504
up €504 (+520.6%), from €97 to €600
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €67,666 | €74,164 | +€6,498 | +9.6% |
| Fixed assets | 21/28 | €10,918 | €9,403 | -€1,515 | -13.9% |
| Tangible fixed assets | 22/27 | €10,918 | €9,403 | -€1,515 | -13.9% |
| Furniture and vehicles | 24 | €10,918 | €9,403 | -€1,515 | -13.9% |
| Current assets | 29/58 | €56,748 | €64,761 | +€8,013 | +14.1% |
| Amounts receivable within one year | 40/41 | €8,074 | €7,529 | -€545 | -6.7% |
| Trade receivables | 40 | €7,109 | €3,207 | -€3,902 | -54.9% |
| Other amounts receivable | 41 | €965 | €4,323 | +€3,358 | +347.8% |
| Current investments | 50/53 | €30,037 | €30,037 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €15,496 | €24,384 | +€8,888 | +57.4% |
| Deferred charges and accrued income | 490/1 | €3,140 | €2,810 | -€330 | -10.5% |
| Total equity and liabilities | 10/49 | €67,666 | €74,164 | +€6,498 | +9.6% |
| Equity | 10/15 | €60,998 | €63,878 | +€2,880 | +4.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €54,798 | €57,678 | +€2,880 | +5.3% |
| Distributable reserves | 133 | €54,798 | €57,678 | +€2,880 | +5.3% |
| Amounts payable | 17/49 | €6,668 | €10,286 | +€3,618 | +54.3% |
| Amounts payable within one year | 42/48 | €6,668 | €10,286 | +€3,618 | +54.3% |
| Trade debts | 44 | €926 | €298 | -€628 | -67.8% |
| Suppliers | 440/4 | €926 | €298 | -€628 | -67.8% |
| Taxes, remuneration and social security | 45 | €1,865 | €2,144 | +€279 | +15.0% |
| Taxes | 450/3 | €1,865 | €2,144 | +€279 | +15.0% |
| Other amounts payable | 47/48 | €3,878 | €7,844 | +€3,967 | +102.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,278 | €4,899 | +€1,622 | +49.5% |
| Other operating charges | 640/8 | €513 | €462 | -€51 | -10.0% |
| Gross operating margin | 9900 | €23,926 | €8,467 | -€15,459 | -64.6% |
| Operating profit (loss) | 9901 | €20,135 | €3,106 | -€17,029 | -84.6% |
| Financial income | 75/76B | €563 | €1,913 | +€1,350 | +239.8% |
| Recurring financial income | 75 | €563 | €1,913 | +€1,350 | +239.8% |
| Financial charges | 65/66B | €97 | €600 | +€504 | +520.6% |
| Recurring financial charges | 65 | €97 | €600 | +€504 | +520.6% |
| Profit (loss) for the period before taxes | 9903 | €20,601 | €4,418 | -€16,183 | -78.6% |
| Income taxes | 67/77 | €6,938 | €1,539 | -€5,399 | -77.8% |
| Profit (loss) for the period | 9904 | €13,663 | €2,880 | -€10,784 | -78.9% |
| Profit (loss) for the period to be appropriated | 9905 | €13,663 | €2,880 | -€10,784 | -78.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.