EJP: 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.
EJP
Largest movements
- Cash +€17,084
up €17,084 (+53.2%), from €32,139 to €49,223
mainly Net result for the year (+€14,249) and Depreciation (+€8,970)
- Tangible fixed assets -€8,970
down €8,970 (-13.8%), from €65,012 to €56,042
- Receivables within one year +€8,556
up €8,556 (+129%), from €6,630 to €15,186
of which Trade receivables: +€10,030
- Deferred charges and accrued income -€1,542
down €1,542 (-64.3%), from €2,399 to €857
- Profit (loss) carried forward +€14,249
up €14,249 (+40.1%), from -€35,518 to -€21,269
- Other debts -€11,290
down €11,290 (-10.0%), from €112,702 to €101,412
- Trade debts +€6,884
up €6,884 (+71.0%), from €9,700 to €16,584
- Tax, wage and social debts +€5,785
up €5,785 (+2,850%), from €203 to €5,988
- Staff costs -€66,068
no longer reported in 2025 (was €66,068)
- Gross operating margin -€40,887
down €40,887 (-58.6%), from €69,811 to €28,923
- Financial income -€6,983
down €6,983 (-100.0%), from €6,983 to €1
of which Non-recurring financial income: -€6,983
- Depreciation +€4,914
up €4,914 (+121%), from €4,056 to €8,970
- Taxes +€3,199
up €3,199 (+354%), from €903 to €4,102
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 | €109,180 | €124,809 | +€15,629 | +14.3% |
| Fixed assets | 21/28 | €68,012 | €59,542 | -€8,470 | -12.5% |
| Tangible fixed assets | 22/27 | €65,012 | €56,042 | -€8,970 | -13.8% |
| Furniture and vehicles | 24 | €65,012 | €56,042 | -€8,970 | -13.8% |
| Financial fixed assets | 28 | €3,000 | €3,500 | +€500 | +16.7% |
| Current assets | 29/58 | €41,168 | €65,267 | +€24,099 | +58.5% |
| Amounts receivable within one year | 40/41 | €6,630 | €15,186 | +€8,556 | +129% |
| Trade receivables | 40 | €4,259 | €14,289 | +€10,030 | +235% |
| Other amounts receivable | 41 | €2,371 | €898 | -€1,473 | -62.1% |
| Cash at bank and in hand | 54/58 | €32,139 | €49,223 | +€17,084 | +53.2% |
| Deferred charges and accrued income | 490/1 | €2,399 | €857 | -€1,542 | -64.3% |
| Total equity and liabilities | 10/49 | €109,180 | €124,809 | +€15,629 | +14.3% |
| Equity | 10/15 | -€13,425 | €825 | +€14,249 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,493 | €3,493 | = | 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 | €1,633 | €1,633 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,518 | -€21,269 | +€14,249 | +40.1% |
| Amounts payable | 17/49 | €122,605 | €123,984 | +€1,379 | +1.1% |
| Amounts payable within one year | 42/48 | €122,605 | €123,984 | +€1,379 | +1.1% |
| Trade debts | 44 | €9,700 | €16,584 | +€6,884 | +71.0% |
| Suppliers | 440/4 | €9,700 | €16,584 | +€6,884 | +71.0% |
| Taxes, remuneration and social security | 45 | €203 | €5,988 | +€5,785 | +2,850% |
| Taxes | 450/3 | €203 | €5,988 | +€5,785 | +2,850% |
| Other amounts payable | 47/48 | €112,702 | €101,412 | -€11,290 | -10.0% |
| Remuneration, social security and pensions | 62 | €66,068 | - | -€66,068 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,056 | €8,970 | +€4,914 | +121% |
| Other operating charges | 640/8 | €1,942 | €1,220 | -€722 | -37.2% |
| Gross operating margin | 9900 | €69,811 | €28,923 | -€40,887 | -58.6% |
| Operating profit (loss) | 9901 | -€2,255 | €18,734 | +€20,988 | |
| Financial income | 75/76B | €6,983 | €1 | -€6,983 | -100.0% |
| Recurring financial income | 75 | €6,983 | €1 | -€6,983 | -100.0% |
| Non-recurring financial income | 76B | €6,983 | - | -€6,983 | |
| Financial charges | 65/66B | €302 | €383 | +€80 | +26.6% |
| Recurring financial charges | 65 | €302 | €383 | +€80 | +26.6% |
| Profit (loss) for the period before taxes | 9903 | €4,426 | €18,351 | +€13,925 | +315% |
| Income taxes | 67/77 | €903 | €4,102 | +€3,199 | +354% |
| Profit (loss) for the period | 9904 | €3,523 | €14,249 | +€10,726 | +304% |
| Profit (loss) for the period to be appropriated | 9905 | €3,523 | €14,249 | +€10,726 | +304% |
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 14 October 2026 via checked.be.