EJP INVEST: what changed
EJP INVEST
Largest movements
- Stocks and contracts +€125,311
up €125,311 (+137%), from €91,474 to €216,785
- Tangible fixed assets -€23,933
down €23,933 (-18.0%), from €132,735 to €108,802
of which Furniture and vehicles: -€20,982
- Cash -€17,911
down €17,911 (-34.0%), from €52,611 to €34,700
mainly Stocks and contracts (-€125,311) and Receivables within one year (-€10,266)
- Receivables within one year +€10,266
up €10,266 (+179%), from €5,748 to €16,014
of which Trade receivables: +€8,894
- Other debts +€48,565
up €48,565 (+29.5%), from €164,407 to €212,973
- Debts after one year +€26,003
up €26,003 (+124%), from €21,000 to €47,003
- Current portion of long-term debt +€9,929
up €9,929 (+141%), from €7,042 to €16,971
- Reserves +€5,285
up €5,285 (+7.5%), from €70,933 to €76,218
- Staff costs +€36,935
up €36,935 (+324%), from €11,410 to €48,345
- Gross operating margin +€25,466
up €25,466 (+29.8%), from €85,387 to €110,854
- Taxes -€10,392
down €10,392 (-90.2%), from €11,519 to €1,127
- Depreciation -€1,208
down €1,208 (-3.6%), from €33,764 to €32,556
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €284,513 | €376,720 | +€92,207 | +32.4% |
| Fixed assets | 21/28 | €132,735 | €108,802 | -€23,933 | -18.0% |
| Tangible fixed assets | 22/27 | €132,735 | €108,802 | -€23,933 | -18.0% |
| Plant, machinery and equipment | 23 | €7,540 | €5,715 | -€1,824 | -24.2% |
| Furniture and vehicles | 24 | €122,303 | €101,321 | -€20,982 | -17.2% |
| Other tangible fixed assets | 26 | €2,892 | €1,765 | -€1,127 | -39.0% |
| Current assets | 29/58 | €151,778 | €267,918 | +€116,141 | +76.5% |
| Stocks and contracts in progress | 3 | €91,474 | €216,785 | +€125,311 | +137% |
| Stocks | 30/36 | €91,474 | €216,785 | +€125,311 | +137% |
| Amounts receivable within one year | 40/41 | €5,748 | €16,014 | +€10,266 | +179% |
| Trade receivables | 40 | €5,748 | €14,641 | +€8,894 | +155% |
| Other amounts receivable | 41 | - | €1,373 | +€1,373 | |
| Cash at bank and in hand | 54/58 | €52,611 | €34,700 | -€17,911 | -34.0% |
| Deferred charges and accrued income | 490/1 | €1,945 | €420 | -€1,525 | -78.4% |
| Total equity and liabilities | 10/49 | €284,513 | €376,720 | +€92,207 | +32.4% |
| Equity | 10/15 | €77,233 | €82,518 | +€5,285 | +6.8% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €70,933 | €76,218 | +€5,285 | +7.5% |
| Distributable reserves | 133 | €70,933 | €76,218 | +€5,285 | +7.5% |
| Amounts payable | 17/49 | €207,280 | €294,202 | +€86,922 | +41.9% |
| Amounts payable after more than one year | 17 | €21,000 | €47,003 | +€26,003 | +124% |
| Financial debts | 170/4 | €21,000 | €47,003 | +€26,003 | +124% |
| Amounts payable within one year | 42/48 | €186,281 | €246,300 | +€60,020 | +32.2% |
| Current portion of amounts payable after more than one year | 42 | €7,042 | €16,971 | +€9,929 | +141% |
| Trade debts | 44 | €3,022 | €5,755 | +€2,733 | +90.4% |
| Suppliers | 440/4 | €3,022 | €5,755 | +€2,733 | +90.4% |
| Taxes, remuneration and social security | 45 | €11,809 | €10,602 | -€1,207 | -10.2% |
| Taxes | 450/3 | €10,354 | €4,889 | -€5,465 | -52.8% |
| Remuneration and social security | 454/9 | €1,455 | €5,713 | +€4,258 | +293% |
| Other amounts payable | 47/48 | €164,407 | €212,973 | +€48,565 | +29.5% |
| Accrued charges and deferred income | 492/3 | - | €899 | +€899 | |
| Remuneration, social security and pensions | 62 | €11,410 | €48,345 | +€36,935 | +324% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,764 | €32,556 | -€1,208 | -3.6% |
| Other operating charges | 640/8 | €1,224 | €1,459 | +€235 | +19.2% |
| Non-recurring operating charges | 66A | - | €19,684 | +€19,684 | |
| Gross operating margin | 9900 | €85,387 | €110,854 | +€25,466 | +29.8% |
| Operating profit (loss) | 9901 | €38,990 | €8,811 | -€30,179 | -77.4% |
| Financial income | 75/76B | €288 | €83 | -€205 | -71.1% |
| Recurring financial income | 75 | €288 | €83 | -€205 | -71.1% |
| Financial charges | 65/66B | €1,586 | €2,481 | +€895 | +56.4% |
| Recurring financial charges | 65 | €1,586 | €2,481 | +€895 | +56.4% |
| Profit (loss) for the period before taxes | 9903 | €37,692 | €6,413 | -€31,279 | -83.0% |
| Income taxes | 67/77 | €11,519 | €1,127 | -€10,392 | -90.2% |
| Profit (loss) for the period | 9904 | €26,172 | €5,285 | -€20,887 | -79.8% |
| Profit (loss) for the period to be appropriated | 9905 | €26,172 | €5,285 | -€20,887 | -79.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.