Atelier J&J: 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.
Atelier J&J
Largest movements
- Receivables within one year -€52,125
down €52,125 (-67.5%), from €77,192 to €25,067
of which Trade receivables: -€52,718
- Cash -€27,811
down €27,811 (-43.8%), from €63,467 to €35,656
mainly Trade debts (-€50,199) and Contributions, distributions and other (-€24,000)
- Stocks and contracts +€8,689
up €8,689 (+17.2%), from €50,618 to €59,307
- Tangible fixed assets -€4,901
down €4,901 (-23.0%), from €21,283 to €16,382
of which Plant, machinery and equipment: -€2,684
- Financial fixed assets +€3,900
up €3,900 (+260%), from €1,500 to €5,400
- Trade debts -€50,199
down €50,199 (-92.1%), from €54,507 to €4,308
- Short-term financial debts -€11,775
no longer reported in 2025 (was €11,775)
- Other debts -€9,206
down €9,206 (-8.6%), from €106,881 to €97,675
- Tax, wage and social debts -€7,460
down €7,460 (-36.5%), from €20,433 to €12,973
of which Remuneration and social security: -€7,191
- Advances received +€5,751
new in 2025: €5,751
- Gross operating margin -€54,702
down €54,702 (-58.0%), from €94,271 to €39,569
- Staff costs -€21,891
down €21,891 (-92.2%), from €23,754 to €1,864
- Taxes -€9,085
down €9,085 (-56.8%), from €15,985 to €6,900
- Other operating charges -€2,571
down €2,571 (-98.7%), from €2,605 to €34
- Financial charges -€1,369
down €1,369 (-66.3%), from €2,066 to €697
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 | €214,060 | €141,811 | -€72,248 | -33.8% |
| Fixed assets | 21/28 | €22,783 | €21,782 | -€1,001 | -4.4% |
| Tangible fixed assets | 22/27 | €21,283 | €16,382 | -€4,901 | -23.0% |
| Plant, machinery and equipment | 23 | €15,737 | €13,053 | -€2,684 | -17.1% |
| Furniture and vehicles | 24 | €3,865 | €1,892 | -€1,973 | -51.0% |
| Other tangible fixed assets | 26 | €1,681 | €1,436 | -€244 | -14.5% |
| Financial fixed assets | 28 | €1,500 | €5,400 | +€3,900 | +260% |
| Current assets | 29/58 | €191,277 | €120,030 | -€71,247 | -37.2% |
| Stocks and contracts in progress | 3 | €50,618 | €59,307 | +€8,689 | +17.2% |
| Stocks | 30/36 | €50,618 | €59,307 | +€8,689 | +17.2% |
| Amounts receivable within one year | 40/41 | €77,192 | €25,067 | -€52,125 | -67.5% |
| Trade receivables | 40 | €76,193 | €23,475 | -€52,718 | -69.2% |
| Other amounts receivable | 41 | €999 | €1,592 | +€593 | +59.3% |
| Cash at bank and in hand | 54/58 | €63,467 | €35,656 | -€27,811 | -43.8% |
| Total equity and liabilities | 10/49 | €214,060 | €141,811 | -€72,248 | -33.8% |
| Equity | 10/15 | €20,463 | €21,104 | +€641 | +3.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €3 | €644 | +€641 | +19,077% |
| Amounts payable | 17/49 | €193,596 | €120,707 | -€72,889 | -37.7% |
| Amounts payable within one year | 42/48 | €193,596 | €120,707 | -€72,889 | -37.7% |
| Financial debts | 43 | €11,775 | - | -€11,775 | |
| Credit institutions | 430/8 | €11,775 | - | -€11,775 | |
| Trade debts | 44 | €54,507 | €4,308 | -€50,199 | -92.1% |
| Suppliers | 440/4 | €54,507 | €4,308 | -€50,199 | -92.1% |
| Advances received on contracts in progress | 46 | - | €5,751 | +€5,751 | |
| Taxes, remuneration and social security | 45 | €20,433 | €12,973 | -€7,460 | -36.5% |
| Taxes | 450/3 | €13,242 | €12,973 | -€269 | -2.0% |
| Remuneration and social security | 454/9 | €7,191 | - | -€7,191 | |
| Other amounts payable | 47/48 | €106,881 | €97,675 | -€9,206 | -8.6% |
| Remuneration, social security and pensions | 62 | €23,754 | €1,864 | -€21,891 | -92.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,866 | €4,901 | +€1,035 | +26.8% |
| Other operating charges | 640/8 | €2,605 | €34 | -€2,571 | -98.7% |
| Non-recurring operating charges | 66A | €1,915 | €565 | -€1,350 | -70.5% |
| Gross operating margin | 9900 | €94,271 | €39,569 | -€54,702 | -58.0% |
| Operating profit (loss) | 9901 | €62,130 | €32,205 | -€29,925 | -48.2% |
| Financial income | 75/76B | - | €33 | +€33 | |
| Recurring financial income | 75 | - | €33 | +€33 | |
| Financial charges | 65/66B | €2,066 | €697 | -€1,369 | -66.3% |
| Recurring financial charges | 65 | €2,066 | €697 | -€1,369 | -66.3% |
| Profit (loss) for the period before taxes | 9903 | €60,064 | €31,541 | -€28,523 | -47.5% |
| Income taxes | 67/77 | €15,985 | €6,900 | -€9,085 | -56.8% |
| Profit (loss) for the period | 9904 | €44,079 | €24,641 | -€19,438 | -44.1% |
| Profit (loss) for the period to be appropriated | 9905 | €44,079 | €24,641 | -€19,438 | -44.1% |
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 30 October 2026 via checked.be.