J-PROJECT
Annual accounts 2025
full format, filed on 19-06-2026, 42 days before the deadline€3.7m
▲ 21.4%
€1.3m
▲ 5.4%
€2.9m
▲ 14.1%
€2.3m
▲ 13.9%
40.7%
▲ 1.4 percentage points
0.97
▼ 0.57
Money flows
of every €100 of turnover, €18.82 remains as profit in 2025Balance sheet
balance sheet total €33.8m on 31-12-2025What the company ownsHow it is paid for
in €m
in €m
Position in the sector
40.7%
Higher than 52% of 5,810 companies in 2025.
0.97
Higher than 40% of 5,561 companies in 2025.
2.1%
Higher than 62% of 5,784 companies in 2025.
J-PROJECT
Middle half of the sector
80% of the sector
Full accounts in real estate (NACE 68)
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: middle half
Staff
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
33.8m | 33.8m | 29.5m | 24.5m | 21.1m | 20.4m | 9.7m | 6.4m | 6.5m | 6.6m | 6.1m | 1.9m | 1.8m | 1.8m | 1.2m | 1.1m | 1.2m | 779,895 | 788,687 | |
21/28 |
30.5m | 30.3m | 29.1m | 23.4m | 19.0m | 19.8m | 9.0m | 6.4m | 6.5m | 6.5m | 6.0m | 1.8m | 1.8m | 1.8m | 1.2m | 1.1m | 1.1m | 650,000 | 650,000 | |
21 |
0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
22/27 |
30.5m | 30.3m | 29.1m | 23.4m | 19.0m | 19.8m | 9.0m | 6.4m | 6.5m | 6.5m | 6.0m | 1.8m | 1.8m | 1.8m | 1.2m | 1.1m | 1.1m | 650,000 | 650,000 | |
22 |
29.8m | 29.6m | 25.2m | 22.8m | 18.5m | 19.3m | 8.1m | 5.9m | 6.0m | 6.0m | 5.6m | 1.3m | 1.3m | 1.3m | 671,663 | 617,539 | 638,179 | 160,000 | 160,000 | |
23 |
197,574 | 209,479 | 281,000 | - | - | 568 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
24 |
- | - | - | - | - | 3,356 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
26 |
490,000 | 490,000 | 490,000 | 490,000 | 490,000 | 490,000 | 490,000 | 490,000 | 490,000 | 490,000 | 490,000 | 490,000 | 490,000 | 490,000 | 490,000 | 490,000 | 490,000 | 490,000 | - | |
27 |
54,881 | 15,392 | 3.2m | 126,730 | 16,440 | 16,440 | 432,354 | 15,200 | - | - | - | 68,365 | - | - | - | - | - | - | 490,000 | |
29/58 |
3.3m | 3.5m | 381,391 | 1.1m | 2.1m | 650,583 | 701,631 | 40,383 | 86,981 | 80,848 | 49,083 | 23,172 | 50,980 | 28,232 | 9,145 | 19,354 | 90,958 | 129,895 | 138,687 | |
40/41 |
3.0m | 3.4m | 66,867 | 1.0m | 2.0m | 133,862 | 518,296 | - | 8,809 | 8,810 | 8,821 | - | 6,700 | - | - | - | 67,248 | 120,016 | 130,005 | |
40 |
7,018 | 36,786 | 66,867 | 274,684 | 5,000 | 13,724 | 456,303 | - | 8,809 | 8,809 | 8,809 | - | - | - | - | - | 2,226 | - | - | |
41 |
3.0m | 3.4m | - | 775,005 | 2.0m | 120,138 | 61,993 | - | - | 1 | 12 | - | 6,700 | - | - | - | 65,022 | 120,016 | 130,005 | |
54/58 |
333,362 | 126,473 | 314,523 | 68,843 | 102,170 | 514,769 | 181,383 | 38,431 | 78,172 | 72,039 | 40,262 | 23,172 | 44,280 | 28,232 | 9,145 | 19,354 | 23,709 | 9,879 | 8,682 | |
490/1 |
- | - | - | - | - | 1,952 | 1,952 | 1,952 | - | - | - | - | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
33.8m | 33.8m | 29.5m | 24.5m | 21.1m | 20.4m | 9.7m | 6.4m | 6.5m | 6.6m | 6.1m | 1.9m | 1.8m | 1.8m | 1.2m | 1.1m | 1.2m | 779,895 | 788,687 | |
10/15 |
13.8m | 13.3m | 7.4m | 6.4m | 6.0m | 4.8m | 740,144 | 737,679 | 605,946 | 446,541 | 271,305 | 485,444 | 367,585 | 255,122 | 213,358 | 183,454 | 143,364 | 146,882 | 162,720 | |
10/11 |
6.7m | 6.7m | 1.2m | 1.2m | 1.2m | 1.2m | 31,000 | - | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | |
10 |
- | - | - | - | - | - | - | 31,000 | - | - | - | - | - | - | - | - | - | - | - | |
100 |
- | - | - | - | - | - | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | |
13 |
7.0m | 6.5m | 6.3m | 5.2m | 4.8m | 3.6m | 703,100 | 703,100 | 570,000 | 454,444 | 454,444 | 454,444 | 336,585 | 224,122 | 182,358 | 152,454 | 128,381 | 128,381 | 191,268 | |
130/1 |
- | - | 118,808 | 116,131 | 116,131 | 116,137 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 3,100 | 3,100 | 3,100 | 3,100 | 3,100 | 3,100 | 3,100 | 3,100 | 3,100 | 3,100 | 3,100 | 3,100 | 3,100 | |
1311 |
- | - | 118,698 | 116,020 | 116,020 | 116,026 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1319 |
- | - | 111 | 111 | 111 | 111 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
39,332 | 39,332 | 39,332 | 39,332 | 39,332 | 85,127 | - | - | - | - | - | - | - | - | - | - | - | - | 62,888 | |
133 |
7.0m | 6.5m | 6.2m | 5.0m | 4.6m | 3.4m | 700,000 | 700,000 | 566,900 | 451,344 | 451,344 | 451,344 | 333,485 | 221,022 | 179,258 | 149,354 | 125,281 | 125,281 | 125,281 | |
14 |
30,113 | 53,300 | -138,445 | 53,317 | 43,262 | 63,174 | 6,044 | 3,579 | 4,946 | -38,903 | -214,138 | - | - | - | - | - | -16,017 | -12,499 | -59,548 | |
16 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 32,382 | |
168 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 32,382 | |
17/49 |
20.0m | 20.5m | 22.1m | 18.1m | 15.1m | 15.6m | 9.0m | 5.7m | 5.9m | 6.2m | 5.8m | 1.4m | 1.5m | 1.6m | 957,450 | 943,439 | 1.1m | 633,013 | 593,585 | |
17 |
16.6m | 18.2m | 15.9m | 15.5m | 12.2m | 10.7m | 4.6m | 3.4m | 3.8m | 1.2m | 988,293 | 745,382 | 927,084 | 1.1m | 473,948 | 542,341 | 607,695 | 226,215 | - | |
170/4 |
16.6m | 18.2m | 15.9m | 15.5m | 12.2m | 10.7m | 4.6m | 3.3m | 3.8m | 1.1m | 965,693 | 722,782 | 904,484 | 1.1m | 473,948 | 542,341 | 607,695 | 226,215 | - | |
173 |
16.6m | 18.2m | 15.9m | 15.5m | 12.2m | 10.6m | 4.6m | 3.3m | 3.8m | - | - | - | - | - | - | - | - | - | - | |
174 |
- | - | - | - | - | 78,015 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
178/9 |
22,600 | 22,600 | 22,600 | 22,600 | 22,600 | 22,600 | 22,600 | 22,600 | 22,600 | 22,600 | 22,600 | 22,600 | 22,600 | 22,600 | - | - | - | - | - | |
42/48 |
3.4m | 2.3m | 6.2m | 2.6m | 2.7m | 4.9m | 4.3m | 2.3m | 2.1m | 5.0m | 4.8m | 630,725 | 551,743 | 486,342 | 483,501 | 401,098 | 468,077 | 406,798 | 593,585 | |
42 |
2.6m | 1.6m | 1.5m | 1.4m | 1.4m | 1.2m | 514,397 | 479,117 | 473,958 | 323,711 | 276,260 | 186,751 | 178,065 | 171,003 | 71,661 | 68,484 | 66,491 | 12,181 | - | |
43 |
500,000 | - | - | - | - | - | - | - | - | 1.7m | - | - | - | - | - | - | - | - | - | |
430/8 |
500,000 | - | - | - | - | - | - | - | - | 1.7m | - | - | - | - | - | - | - | - | - | |
44 |
266,137 | 397,416 | 53,677 | 2,038 | 26,985 | 4,746 | 14,618 | 16,553 | 1,952 | 1,952 | 1,029 | 47,190 | 1,952 | 1,952 | 1,952 | 1,952 | - | - | - | |
440/4 |
266,137 | 397,416 | 53,677 | 2,038 | 26,985 | 4,746 | 14,618 | 16,553 | 1,952 | 1,952 | 1,029 | 47,190 | 1,952 | 1,952 | 1,952 | 1,952 | - | - | - | |
45 |
8,948 | 21,890 | 13,011 | 57,789 | 16,748 | 133,738 | 16,254 | 129,346 | 59,851 | 1,450 | 1,274 | 59,081 | 56,971 | 19,294 | 16,450 | 3,887 | 238 | 373 | 538 | |
450/3 |
8,948 | 21,890 | 13,011 | 57,789 | 16,748 | 133,738 | 16,254 | 129,346 | 59,851 | 1,450 | 1,274 | 59,081 | 56,971 | 19,294 | 16,450 | 3,887 | 238 | 373 | 538 | |
47/48 |
- | 240,614 | 4.6m | 1.1m | 1.3m | 3.6m | 3.8m | 1.7m | 1.6m | 3.0m | 4.6m | 337,703 | 314,755 | 294,093 | 393,438 | 326,775 | 401,348 | 394,243 | 593,047 | |
492/3 |
17,766 | 47,265 | 57,191 | 13,687 | 69,404 | 7,165 | 7,170 | 17,391 | - | - | - | - | - | 6,033 | - | - | - | - | - | |
| Income statement | ||||||||||||||||||||
70/76A |
3.7m | 3.1m | 2.9m | 2.6m | 2.8m | 1.3m | 589,605 | 383,453 | 364,877 | - | - | - | - | - | - | - | - | - | - | |
70 |
3.7m | 3.1m | 2.9m | 2.6m | 2.1m | 1.3m | 589,605 | 383,157 | 364,877 | 347,653 | 292,006 | 253,747 | 253,207 | 236,778 | 107,389 | 107,547 | 48,396 | 29,400 | - | |
74 |
2,860 | 13,969 | 10,517 | 13,671 | 713,824 | 11,171 | - | 296 | - | - | - | - | - | - | - | - | - | - | - | |
9900 |
- | - | - | - | - | - | - | - | - | 344,441 | 277,498 | 251,749 | 251,338 | 227,082 | 105,619 | 105,438 | 36,694 | -24,597 | -11,861 | |
60/66A |
2.4m | 1.8m | 2.7m | 1.8m | 1.0m | 1.3m | 397,845 | 106,012 | 80,821 | - | - | - | - | - | - | - | - | - | - | |
60/61 |
- | - | - | - | - | - | - | - | - | 3,212 | 14,507 | 1,997 | 1,868 | 9,696 | 1,770 | 2,110 | 11,703 | 53,997 | 11,861 | |
60 |
- | - | - | - | 5,785 | 319,373 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
600/8 |
- | - | - | - | 5,785 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
609 |
- | - | - | - | - | 319,373 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
61 |
614,826 | 343,489 | 262,212 | 167,097 | 114,028 | 195,461 | 42,436 | 45,876 | 12,087 | - | - | - | - | - | - | - | - | - | - | |
62 |
- | - | - | - | 5,298 | 63 | - | - | - | - | - | - | - | - | - | - | - | - | 516 | |
630 |
1.5m | 1.3m | 1.1m | 1.3m | 828,793 | 779,134 | 294,117 | 49,701 | 58,737 | 113,397 | 440,687 | 25,419 | 25,419 | 105,636 | 25,419 | 25,419 | 25,167 | - | - | |
631/4 |
- | - | - | - | - | -19,047 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
640/8 |
228,350 | 211,279 | 1.3m | 312,155 | 53,311 | 50,663 | 61,293 | 10,435 | 9,997 | 9,965 | 5,422 | 5,250 | 5,129 | 4,970 | 4,858 | 866 | 865 | 1,880 | 11,058 | |
9901 |
1.3m | 1.3m | 212,689 | 837,709 | 1.8m | 5,164 | 191,760 | 277,441 | 284,056 | 221,080 | -168,610 | 221,081 | 220,790 | 116,476 | 75,342 | 79,153 | 10,661 | -26,477 | -23,434 | |
75/76B |
- | - | - | 41 | 6 | - | - | - | - | 3 | 49 | 27 | 45 | 64 | 10 | 37 | 40 | 73 | 14 | |
75 |
- | - | - | 41 | 6 | - | - | - | - | 3 | 49 | 27 | 45 | 64 | 10 | 37 | 40 | 73 | 14 | |
752/9 |
- | - | - | 41 | 6 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
478,425 | 507,840 | 406,393 | 284,512 | 238,447 | 197,094 | 188,598 | 76,301 | 66,498 | 45,847 | 45,575 | 45,383 | 52,548 | 56,422 | 33,231 | 35,819 | 22,780 | 21,817 | 6,107 | |
65 |
478,425 | 507,840 | 406,393 | 284,512 | 238,447 | 197,094 | 188,598 | 76,301 | 66,498 | 45,847 | 45,575 | 45,383 | 52,548 | 56,422 | 33,231 | 35,819 | 22,780 | 21,817 | 6,107 | |
650 |
458,862 | 498,307 | 403,577 | 280,128 | 231,514 | 184,592 | 187,201 | 74,378 | 66,498 | - | - | - | - | - | - | - | - | - | - | |
652/9 |
19,563 | 9,533 | 2,816 | 4,384 | 6,933 | 12,502 | 1,398 | 1,923 | - | - | - | - | - | - | - | - | - | - | - | |
9903 |
860,761 | 762,576 | -193,703 | 553,239 | 1.5m | -191,930 | 3,161 | 201,140 | 217,558 | 175,236 | -214,136 | 175,724 | 168,287 | 60,118 | 42,120 | 43,372 | -12,079 | -48,221 | -29,528 | |
67/77 |
158,948 | 45,830 | - | 143,184 | 347,879 | 74 | 696 | 69,407 | 58,154 | - | 2 | 57,866 | 55,824 | 18,354 | 12,216 | 3,282 | -8,561 | - | 19,766 | |
670/3 |
158,948 | 45,830 | - | 143,184 | 347,879 | 74 | 696 | 69,407 | 58,154 | - | - | - | - | - | - | - | - | - | - | |
9904 |
701,813 | 716,746 | -193,703 | 410,055 | 1.2m | -192,004 | 2,465 | 131,733 | 159,404 | 175,236 | -214,138 | 117,859 | 112,463 | 41,764 | 29,904 | 40,090 | -3,518 | -15,838 | -49,294 | |
789 |
- | - | - | - | 45,656 | - | - | - | - | - | - | - | - | - | - | - | - | 62,888 | - | |
9905 |
701,813 | 716,746 | -193,703 | 410,055 | 1.2m | -192,004 | 2,465 | 131,733 | 159,404 | 175,236 | -214,138 | 117,859 | 112,463 | 41,764 | 29,904 | 40,090 | -3,518 | 47,049 | -49,294 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
755,113 | 578,300 | -138,445 | 453,317 | 1.3m | 63,174 | 6,044 | 136,679 | 120,502 | -38,903 | -214,138 | 117,859 | 112,463 | 41,764 | 29,904 | 24,073 | -16,017 | -12,499 | -59,548 | |
14P |
53,300 | -138,445 | 55,258 | 43,262 | 63,171 | 255,178 | - | 4,946 | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
500,000 | 200,000 | - | 400,000 | 1.2m | - | - | 133,100 | 115,556 | - | - | 117,859 | 112,463 | 41,764 | 29,904 | 24,073 | - | - | - | |
6921 |
500,000 | 200,000 | - | 400,000 | 1.2m | - | - | 133,100 | 115,556 | - | - | 117,859 | 112,463 | 41,764 | 29,904 | 24,073 | - | - | - | |
694/7 |
225,000 | 325,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
695 |
225,000 | 325,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||||||||||||
9087 |
- | - | - | - | - | 3.3 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||||
The accounts for 11 older financial years (1996-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 44 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 19-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 19-06-2026 | 2026-00184501 | |
| 31-12-2024 | full format | 17-06-2025 | 2025-00150384 | |
| 31-12-2023 | full format | 13-06-2024 | 2024-00130894 | |
| 31-12-2022 | full format | 12-06-2023 | 2023-00123392 | |
| 31-12-2021 | full format | 24-06-2022 | 2022-20145582 | |
| 31-12-2020 | full format | 08-07-2021 | 2021-32600513 | |
| 31-12-2019 | full format | 30-06-2020 | 2020-24100158 | |
| 30-06-2018 | full format | 20-12-2018 | 2018-75300200 | |
| 30-06-2017 | full format | 27-01-2018 | 2018-03000303 | |
| 30-06-2016 | abbreviated format | 30-12-2016 | 2016-72200324 | |
| 30-06-2015 | abbreviated format | 11-01-2016 | 2016-00800458 | |
| 30-06-2014 | abbreviated format | 06-01-2015 | 2015-00200323 | |
| 30-06-2013 | abbreviated format | 16-01-2014 | 2014-00900253 | |
| 30-06-2012 | abbreviated format | 08-01-2013 | 2013-00400442 | |
| 30-06-2011 | abbreviated format | 16-01-2012 | 2012-01000023 | |
| 30-06-2010 | abbreviated format | 10-01-2011 | 2011-00600248 | |
| 30-06-2009 | abbreviated format | 31-12-2009 | 2009-91600191 | |
| 30-06-2008 | abbreviated format | 21-01-2009 | 2009-01700369 | |
| 30-06-2007 | abbreviated format | 16-01-2008 | 2008-01700003 | |
| 30-06-2006 | abbreviated format | 29-12-2006 | 2006-94402596 | |
| 30-06-2005 | abbreviated format | 30-01-2006 | 2006-03403172 | |
| 30-06-2004 | abbreviated format | 28-02-2005 | 2005-06300964 | |
| 30-06-2003 | abbreviated format | 22-01-2004 | 2004-02301589 | |
| 30-06-2002 | abbreviated format | 13-02-2003 | 2003-04402151 | |
| 30-06-2001 | abbreviated format | 27-12-2001 | 2001-78203215 | |
| 30-06-2000 | abbreviated format | 01-02-2001 | 2001-03203243 | |
| 30-06-1999 | abbreviated format | 07-01-2000 | 2000-00404406 | |
| 30-06-1998 | abbreviated format | 18-01-1999 | 1999-01202939 | |
| 30-06-1997 | abbreviated format | 20-01-1998 | 1998-01202285 | |
| 30-06-1996 | abbreviated format | 08-01-1997 | 1997-00302371 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2.9m | 2.5m | 1.3m | 2.1m | 2.6m | 784,298 | 485,876 | 327,142 | 342,793 | 334,477 | 272,077 | 246,500 | 246,209 | 222,112 | 100,761 | 104,572 | 35,828 | - | - | ||
| 2.3m | 2.0m | 917,850 | 1.7m | 2.0m | 587,130 | 296,582 | 181,434 | 218,141 | 288,633 | 226,549 | 143,277 | 137,882 | 147,400 | 55,323 | 65,509 | 21,649 | - | - | ||
| 1.7m | 7.4m | 8.3m | 5.7m | 181,538 | 6.7m | 2.9m | 115,200 | 0 | 586,146 | 4.6m | 68,365 | 0 | 764,824 | 79,543 | 4,779 | 503,346 | - | 490,000 | ||
| 206,889 | -188,051 | 245,681 | -33,327 | -412,599 | 333,386 | 142,952 | -39,741 | 6,133 | 31,777 | 17,090 | -21,108 | 16,048 | 19,087 | -10,209 | -4,355 | 13,830 | 1,197 | - | ||
| -117,816 | 1.2m | -5.8m | -1.5m | -674,532 | -4.3m | -3.6m | -2.3m | -2.0m | -4.9m | -4.8m | -607,553 | -500,763 | -458,110 | -474,357 | -381,744 | -377,120 | -276,903 | -454,897 | ||
| 35.9% | 41.4% | 7.3% | 32.4% | 85.8% | 0.4% | 32.5% | 72.4% | 77.8% | 63.6% | -57.7% | 87.1% | 87.2% | 49.2% | 70.2% | 73.6% | 22.0% | -90.1% | - | ||
| 40.7% | 39.3% | 25.0% | 26.1% | 28.5% | 23.5% | 7.6% | 11.5% | 9.3% | 6.8% | 4.5% | 26.1% | 19.9% | 13.8% | 18.2% | 16.3% | 11.8% | 18.8% | 20.6% | ||
| 0.97 | 1.54 | 0.06 | 0.43 | 0.75 | 0.13 | 0.16 | 0.02 | 0.04 | 0.02 | 0.01 | 0.04 | 0.09 | 0.06 | 0.02 | 0.05 | 0.19 | 0.32 | 0.23 | ||
| 1.46 | 1.55 | 2.99 | 2.82 | 2.51 | 3.25 | 12.10 | 7.72 | 9.80 | 13.77 | 21.46 | 2.83 | 4.02 | 6.25 | 4.49 | 5.14 | 7.50 | 4.31 | 3.65 | ||
| 5.1% | 5.4% | -2.6% | 6.4% | 19.7% | -4.0% | 0.3% | 17.9% | 26.3% | 39.2% | -78.9% | 24.3% | 30.6% | 16.4% | 14.0% | 21.9% | -2.5% | -10.8% | -30.3% | ||
| 2.1% | 2.1% | -0.7% | 1.7% | 5.6% | -0.9% | 0.0% | 2.0% | 2.4% | 2.7% | -3.5% | 6.3% | 6.1% | 2.3% | 2.6% | 3.6% | -0.3% | -2.0% | -6.3% | ||
| 6.29 | 5.08 | 3.28 | 7.57 | 11.21 | 4.25 | 2.60 | 4.40 | 5.15 | - | - | - | - | - | - | - | - | - | - | ||
| 1 day | 4 days | 8 days | 39 days | 1 day | 4 days | 282 days | - | 9 days | 9 days | 11 days | - | 10 days | - | - | - | 17 days | 1490 days | - | ||
| 158 days | 422 days | 75 days | 4 days | 82 days | 3 days | 126 days | 132 days | 59 days | 222 days | 26 days | 8624 days | 381 days | 73 days | 403 days | 338 days | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Securities and guarantees
on own assets and for others| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €16.6m | €18.2m | €15.9m | €15.5m | €13.6m |
| Mortgages, amount registered | €12.4m | €12.4m | €12.4m | €12.4m | €12.4m |
| Carrying value of the mortgaged assets | €12.4m | €12.8m | €13.4m | €13.8m | €14.3m |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1.7m | €7.4m | €8.3m | €5.7m | €181,538 |
| €1.5m | €1.3m | €1.1m | €1.3m | €828,793 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on J-PROJECT
The operating result for 2025 is 5% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 60.7% to 59.3%. Equity is higher and debt is lower.
Large changes and their cause
- 2022 Net result -65% on 2021. Merger absorbing IMMO JENNES MACHELEN, Official Gazette 08-01-2021, in the previous financial year. That operation now counts for a full year for the first time. Merger absorbing BODY MAGIC, Official Gazette 05-01-2021, in the previous financial year. That operation now counts for a full year for the first time.
- 2021 Turnover +56% on 2020. Merger absorbing IMMO JENNES MACHELEN, Official Gazette 08-01-2021. Merger absorbing BODY MAGIC, Official Gazette 05-01-2021.