JP 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.
JP ENGINEERING
Largest movements
- Current investments -€70,216
down €70,216 (-52.1%), from €134,844 to €64,627
- Cash +€48,621
up €48,621 (+441%), from €11,027 to €59,649
mainly Current investments (+€70,216) and Net result for the year (+€14,248)
- Tangible fixed assets -€12,221
down €12,221 (-53.1%), from €23,027 to €10,806
of which Furniture and vehicles: -€10,364
- Receivables within one year +€6,805
up €6,805 (+2,478%), from €275 to €7,080
- Stocks and contracts -€3,000
down €3,000 (-100%), from €3,000 to €0
- Other debts -€24,501
down €24,501 (-98.9%), from €24,769 to €268
- Reserves -€10,680
down €10,680 (-8.0%), from €133,552 to €122,872
of which Distributable reserves: -€10,680
- Short-term financial debts +€3,786
up €3,786 (+2,590%), from €146 to €3,932
- Gross operating margin +€69,669
up €69,669, from -€9,592 to €60,077
- Financial charges +€23,198
up €23,198 (+3,353%), from €692 to €23,890
of which Non-recurring financial charges: +€22,991
- Taxes +€13,565
up €13,565 (+4,835%), from €281 to €13,846
- Depreciation +€6,774
up €6,774 (+120%), from €5,647 to €12,421
- Financial income -€2,860
down €2,860 (-34.5%), from €8,287 to €5,427
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 | €174,249 | €143,928 | -€30,321 | -17.4% |
| Fixed assets | 21/28 | €23,614 | €11,193 | -€12,421 | -52.6% |
| Intangible fixed assets | 21 | €587 | €387 | -€200 | -34.0% |
| Tangible fixed assets | 22/27 | €23,027 | €10,806 | -€12,221 | -53.1% |
| Plant, machinery and equipment | 23 | €2,706 | €849 | -€1,857 | -68.6% |
| Furniture and vehicles | 24 | €20,321 | €9,957 | -€10,364 | -51.0% |
| Current assets | 29/58 | €150,635 | €132,735 | -€17,900 | -11.9% |
| Stocks and contracts in progress | 3 | €3,000 | €0 | -€3,000 | -100% |
| Stocks | 30/36 | €3,000 | €0 | -€3,000 | -100% |
| Amounts receivable within one year | 40/41 | €275 | €7,080 | +€6,805 | +2,478% |
| Other amounts receivable | 41 | €275 | €7,080 | +€6,805 | +2,478% |
| Current investments | 50/53 | €134,844 | €64,627 | -€70,216 | -52.1% |
| Cash at bank and in hand | 54/58 | €11,027 | €59,649 | +€48,621 | +441% |
| Deferred charges and accrued income | 490/1 | €1,490 | €1,379 | -€111 | -7.4% |
| Total equity and liabilities | 10/49 | €174,249 | €143,928 | -€30,321 | -17.4% |
| Equity | 10/15 | €148,943 | €138,263 | -€10,680 | -7.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €133,552 | €122,872 | -€10,680 | -8.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €131,692 | €121,012 | -€10,680 | -8.1% |
| Profit (loss) carried forward | 14 | -€3,209 | -€3,209 | = | 0.0% |
| Amounts payable | 17/49 | €25,306 | €5,665 | -€19,641 | -77.6% |
| Amounts payable within one year | 42/48 | €25,306 | €5,665 | -€19,641 | -77.6% |
| Financial debts | 43 | €146 | €3,932 | +€3,786 | +2,590% |
| Credit institutions | 430/8 | €146 | €3,932 | +€3,786 | +2,590% |
| Trade debts | 44 | €106 | €35 | -€71 | -67.0% |
| Suppliers | 440/4 | €106 | €35 | -€71 | -67.0% |
| Taxes, remuneration and social security | 45 | €286 | €1,430 | +€1,144 | +400% |
| Taxes | 450/3 | €286 | €1,430 | +€1,144 | +400% |
| Other amounts payable | 47/48 | €24,769 | €268 | -€24,501 | -98.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,647 | €12,421 | +€6,774 | +120% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,011 | €1,100 | +€89 | +8.8% |
| Gross operating margin | 9900 | -€9,592 | €60,077 | +€69,669 | |
| Operating profit (loss) | 9901 | -€16,250 | €46,556 | +€62,806 | |
| Financial income | 75/76B | €8,287 | €5,427 | -€2,860 | -34.5% |
| Recurring financial income | 75 | €8,287 | €5,427 | -€2,860 | -34.5% |
| Financial charges | 65/66B | €692 | €23,890 | +€23,198 | +3,353% |
| Recurring financial charges | 65 | €692 | €899 | +€207 | +30.0% |
| Non-recurring financial charges | 66B | - | €22,991 | +€22,991 | |
| Profit (loss) for the period before taxes | 9903 | -€8,655 | €28,094 | +€36,749 | |
| Income taxes | 67/77 | €281 | €13,846 | +€13,565 | +4,835% |
| Profit (loss) for the period | 9904 | -€8,936 | €14,248 | +€23,184 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,936 | €14,248 | +€23,184 |
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 17 October 2026 via checked.be.