JBA 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.
JBA Engineering
Largest movements
- Current investments -€150,000
no longer reported in 2025 (was €150,000)
- Cash +€49,958
up €49,958 (+81.8%), from €61,044 to €111,002
mainly Current investments (+€150,000) and Other debts (+€37,167)
- Tangible fixed assets -€9,669
down €9,669 (-42.0%), from €23,048 to €13,379
of which Furniture and vehicles: -€9,316
- Receivables within one year -€5,833
down €5,833 (-45.8%), from €12,727 to €6,894
of which Trade receivables: -€6,552
- Deferred charges and accrued income +€5,407
up €5,407 (+339%), from €1,593 to €7,000
- Reserves -€145,680
down €145,680 (-70.5%), from €206,526 to €60,846
- Other debts +€37,167
up €37,167 (+17,287%), from €215 to €37,382
- Current portion of long-term debt -€10,982
down €10,982 (-91.6%), from €11,984 to €1,002
- Tax, wage and social debts +€10,443
up €10,443 (+41.1%), from €25,411 to €35,854
- Gross operating margin -€49,293
down €49,293 (-53.4%), from €92,336 to €43,043
- Taxes -€10,200
down €10,200 (-57.7%), from €17,676 to €7,476
- Financial income -€1,971
down €1,971 (-75.1%), from €2,623 to €652
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 | €248,412 | €138,275 | -€110,137 | -44.3% |
| Fixed assets | 21/28 | €23,048 | €13,379 | -€9,669 | -42.0% |
| Tangible fixed assets | 22/27 | €23,048 | €13,379 | -€9,669 | -42.0% |
| Plant, machinery and equipment | 23 | €1,378 | €1,025 | -€353 | -25.6% |
| Furniture and vehicles | 24 | €21,670 | €12,354 | -€9,316 | -43.0% |
| Current assets | 29/58 | €225,364 | €124,896 | -€100,468 | -44.6% |
| Amounts receivable within one year | 40/41 | €12,727 | €6,894 | -€5,833 | -45.8% |
| Trade receivables | 40 | €12,727 | €6,175 | -€6,552 | -51.5% |
| Other amounts receivable | 41 | - | €719 | +€719 | |
| Current investments | 50/53 | €150,000 | - | -€150,000 | |
| Cash at bank and in hand | 54/58 | €61,044 | €111,002 | +€49,958 | +81.8% |
| Deferred charges and accrued income | 490/1 | €1,593 | €7,000 | +€5,407 | +339% |
| Total equity and liabilities | 10/49 | €248,412 | €138,275 | -€110,137 | -44.3% |
| Equity | 10/15 | €209,526 | €63,846 | -€145,680 | -69.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €206,526 | €60,846 | -€145,680 | -70.5% |
| Distributable reserves | 133 | €206,526 | €60,846 | -€145,680 | -70.5% |
| Amounts payable | 17/49 | €38,886 | €74,429 | +€35,543 | +91.4% |
| Amounts payable after more than one year | 17 | €1,002 | - | -€1,002 | |
| Financial debts | 170/4 | €1,002 | - | -€1,002 | |
| Amounts payable within one year | 42/48 | €37,884 | €74,429 | +€36,545 | +96.5% |
| Current portion of amounts payable after more than one year | 42 | €11,984 | €1,002 | -€10,982 | -91.6% |
| Trade debts | 44 | €274 | €191 | -€83 | -30.3% |
| Suppliers | 440/4 | €274 | €191 | -€83 | -30.3% |
| Taxes, remuneration and social security | 45 | €25,411 | €35,854 | +€10,443 | +41.1% |
| Taxes | 450/3 | €25,411 | €35,854 | +€10,443 | +41.1% |
| Other amounts payable | 47/48 | €215 | €37,382 | +€37,167 | +17,287% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,023 | €10,640 | -€383 | -3.5% |
| Other operating charges | 640/8 | €974 | €1,005 | +€31 | +3.2% |
| Non-recurring operating charges | 66A | - | €144 | +€144 | |
| Gross operating margin | 9900 | €92,336 | €43,043 | -€49,293 | -53.4% |
| Operating profit (loss) | 9901 | €80,339 | €31,254 | -€49,085 | -61.1% |
| Financial income | 75/76B | €2,623 | €652 | -€1,971 | -75.1% |
| Recurring financial income | 75 | €2,623 | €652 | -€1,971 | -75.1% |
| Financial charges | 65/66B | €184 | €110 | -€74 | -40.2% |
| Recurring financial charges | 65 | €184 | €110 | -€74 | -40.2% |
| Profit (loss) for the period before taxes | 9903 | €82,778 | €31,796 | -€50,982 | -61.6% |
| Income taxes | 67/77 | €17,676 | €7,476 | -€10,200 | -57.7% |
| Profit (loss) for the period | 9904 | €65,102 | €24,320 | -€40,782 | -62.6% |
| Profit (loss) for the period to be appropriated | 9905 | €65,102 | €24,320 | -€40,782 | -62.6% |
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.