T & J Engenering: 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.
T & J Engenering
Largest movements
- Receivables within one year +€2,078
up €2,078 (+2.8%), from €74,215 to €76,293
of which Other amounts receivable: +€2,078
- Short-term financial debts +€7,083
up €7,083 (+86.5%), from €8,184 to €15,266
- Tax, wage and social debts -€2,828
down €2,828 (-59.4%), from €4,761 to €1,932
- Profit (loss) carried forward -€2,457
down €2,457 (-23.2%), from €10,592 to €8,135
- Gross operating margin -€5,723
down €5,723 (-70.3%), from €8,140 to €2,417
- Taxes -€1,580
down €1,580 (-90.0%), from €1,756 to €176
- Financial charges +€422
up €422 (+23.5%), from €1,796 to €2,218
- Depreciation -€149
down €149 (-18.5%), from €806 to €656
- Other operating charges -€116
down €116 (-6.0%), from €1,940 to €1,824
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €75,174 | €76,638 | +€1,464 | +1.9% |
| Fixed assets | 21/28 | €656 | - | -€656 | |
| Tangible fixed assets | 22/27 | €656 | - | -€656 | |
| Plant, machinery and equipment | 23 | €189 | - | -€189 | |
| Furniture and vehicles | 24 | €467 | - | -€467 | |
| Current assets | 29/58 | €74,518 | €76,638 | +€2,121 | +2.8% |
| Amounts receivable within one year | 40/41 | €74,215 | €76,293 | +€2,078 | +2.8% |
| Trade receivables | 40 | €25,580 | €25,580 | = | 0.0% |
| Other amounts receivable | 41 | €48,635 | €50,713 | +€2,078 | +4.3% |
| Deferred charges and accrued income | 490/1 | €302 | €345 | +€43 | +14.3% |
| Total equity and liabilities | 10/49 | €75,174 | €76,638 | +€1,464 | +1.9% |
| Equity | 10/15 | €59,959 | €57,502 | -€2,457 | -4.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €43,167 | €43,167 | = | 0.0% |
| 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 | €41,307 | €41,307 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,592 | €8,135 | -€2,457 | -23.2% |
| Amounts payable | 17/49 | €15,215 | €19,136 | +€3,921 | +25.8% |
| Amounts payable within one year | 42/48 | €13,001 | €17,229 | +€4,228 | +32.5% |
| Financial debts | 43 | €8,184 | €15,266 | +€7,083 | +86.5% |
| Credit institutions | 430/8 | €8,184 | €15,266 | +€7,083 | +86.5% |
| Trade debts | 44 | €57 | €30 | -€27 | -47.2% |
| Suppliers | 440/4 | €57 | €30 | -€27 | -47.2% |
| Taxes, remuneration and social security | 45 | €4,761 | €1,932 | -€2,828 | -59.4% |
| Taxes | 450/3 | €4,761 | €1,932 | -€2,828 | -59.4% |
| Accrued charges and deferred income | 492/3 | €2,214 | €1,908 | -€306 | -13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €806 | €656 | -€149 | -18.5% |
| Other operating charges | 640/8 | €1,940 | €1,824 | -€116 | -6.0% |
| Gross operating margin | 9900 | €8,140 | €2,417 | -€5,723 | -70.3% |
| Operating profit (loss) | 9901 | €5,395 | -€63 | -€5,458 | |
| Financial income | 75/76B | €56 | - | -€56 | |
| Recurring financial income | 75 | €56 | - | -€56 | |
| Financial charges | 65/66B | €1,796 | €2,218 | +€422 | +23.5% |
| Recurring financial charges | 65 | €1,796 | €2,218 | +€422 | +23.5% |
| Profit (loss) for the period before taxes | 9903 | €3,655 | -€2,281 | -€5,936 | |
| Income taxes | 67/77 | €1,756 | €176 | -€1,580 | -90.0% |
| Profit (loss) for the period | 9904 | €1,899 | -€2,457 | -€4,356 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,899 | -€2,457 | -€4,356 |
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 29 October 2026 via checked.be.