JS 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.
JS ENGINEERING
Largest movements
- Tangible fixed assets -€19,178
down €19,178 (-44.8%), from €42,784 to €23,607
of which Furniture and vehicles: -€18,178
- Cash +€4,470
up €4,470 (+13.6%), from €32,983 to €37,453
mainly Depreciation (+€20,912) and Tax, wage and social debts (+€8,050)
- Receivables within one year +€4,018
up €4,018 (+28.9%), from €13,904 to €17,922
of which Other amounts receivable: +€2,826
- Debts after one year -€20,237
down €20,237 (-67.6%), from €29,922 to €9,685
- Trade debts -€10,815
down €10,815 (-100%), from €10,815 to €0
- Tax, wage and social debts +€8,050
up €8,050 (+64.9%), from €12,410 to €20,460
- Reserves +€7,895
up €7,895 (+21.0%), from €37,642 to €45,537
- Current portion of long-term debt +€2,949
up €2,949 (+17.1%), from €17,288 to €20,237
- Taxes -€8,602
down €8,602 (-55.7%), from €15,450 to €6,848
- Other operating charges -€444
down €444 (-11.8%), from €3,752 to €3,309
- Gross operating margin +€442
up €442 (+1.1%), from €40,334 to €40,776
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 | €93,596 | €82,906 | -€10,690 | -11.4% |
| Fixed assets | 21/28 | €42,784 | €23,607 | -€19,178 | -44.8% |
| Tangible fixed assets | 22/27 | €42,784 | €23,607 | -€19,178 | -44.8% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €41,784 | €23,607 | -€18,178 | -43.5% |
| Other tangible fixed assets | 26 | €1,000 | €0 | -€1,000 | -100% |
| Current assets | 29/58 | €50,812 | €59,299 | +€8,488 | +16.7% |
| Stocks and contracts in progress | 3 | €3,247 | €3,247 | = | 0.0% |
| Stocks | 30/36 | €3,247 | €3,247 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €13,904 | €17,922 | +€4,018 | +28.9% |
| Trade receivables | 40 | €13,159 | €14,350 | +€1,191 | +9.1% |
| Other amounts receivable | 41 | €745 | €3,571 | +€2,826 | +379% |
| Cash at bank and in hand | 54/58 | €32,983 | €37,453 | +€4,470 | +13.6% |
| Deferred charges and accrued income | 490/1 | €678 | €678 | = | 0.0% |
| Total equity and liabilities | 10/49 | €93,596 | €82,906 | -€10,690 | -11.4% |
| Equity | 10/15 | €23,160 | €31,056 | +€7,895 | +34.1% |
| Contributions | 10/11 | €12,100 | €12,100 | = | 0.0% |
| Reserves | 13 | €37,642 | €45,537 | +€7,895 | +21.0% |
| Distributable reserves | 133 | €37,642 | €45,537 | +€7,895 | +21.0% |
| Profit (loss) carried forward | 14 | -€26,582 | -€26,582 | = | 0.0% |
| Amounts payable | 17/49 | €70,435 | €51,850 | -€18,585 | -26.4% |
| Amounts payable after more than one year | 17 | €29,922 | €9,685 | -€20,237 | -67.6% |
| Financial debts | 170/4 | €29,922 | €9,685 | -€20,237 | -67.6% |
| Amounts payable within one year | 42/48 | €40,514 | €42,166 | +€1,652 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €17,288 | €20,237 | +€2,949 | +17.1% |
| Trade debts | 44 | €10,815 | €0 | -€10,815 | -100% |
| Suppliers | 440/4 | €10,815 | €0 | -€10,815 | -100% |
| Taxes, remuneration and social security | 45 | €12,410 | €20,460 | +€8,050 | +64.9% |
| Taxes | 450/3 | €12,410 | €20,460 | +€8,050 | +64.9% |
| Other amounts payable | 47/48 | €0 | €1,468 | +€1,468 | |
| Remuneration, social security and pensions | 62 | - | €199 | +€199 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,813 | €20,912 | +€100 | +0.5% |
| Other operating charges | 640/8 | €3,752 | €3,309 | -€444 | -11.8% |
| Gross operating margin | 9900 | €40,334 | €40,776 | +€442 | +1.1% |
| Operating profit (loss) | 9901 | €15,770 | €16,356 | +€587 | +3.7% |
| Financial income | 75/76B | €43 | €81 | +€38 | +87.9% |
| Recurring financial income | 75 | €43 | €81 | +€38 | +87.9% |
| Financial charges | 65/66B | €1,387 | €1,694 | +€307 | +22.1% |
| Recurring financial charges | 65 | €1,387 | €1,694 | +€307 | +22.1% |
| Profit (loss) for the period before taxes | 9903 | €14,426 | €14,743 | +€318 | +2.2% |
| Income taxes | 67/77 | €15,450 | €6,848 | -€8,602 | -55.7% |
| Profit (loss) for the period | 9904 | -€1,025 | €7,895 | +€8,920 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,025 | €7,895 | +€8,920 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.