IMMO J2J: 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.
IMMO J2J
Largest movements
- Receivables within one year +€52,373
up €52,373 (+41.6%), from €125,856 to €178,230
of which Trade receivables: +€57,807
- Tangible fixed assets -€19,925
down €19,925 (-32.0%), from €62,182 to €42,257
of which Furniture and vehicles: -€10,452
- Cash +€9,841
up €9,841 (+246%), from €4,001 to €13,841
mainly Trade debts (+€48,864) and Depreciation (+€19,925)
- Trade debts +€48,864
up €48,864 (+23.4%), from €208,746 to €257,610
- Profit (loss) carried forward -€9,850
down €9,850 (-22.1%), from -€44,665 to -€54,515
- Gross operating margin -€11,998
down €11,998 (-48.4%), from €24,785 to €12,788
- Other operating charges -€7,580
down €7,580 (-95.6%), from €7,924 to €345
- Taxes -€3,007
no longer reported in 2025 (was €3,007)
- Depreciation -€790
down €790 (-3.8%), from €20,715 to €19,925
- Staff costs +€519
up €519 (+318%), from €163 to €682
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 | €194,263 | €236,594 | +€42,331 | +21.8% |
| Fixed assets | 21/28 | €63,682 | €43,757 | -€19,925 | -31.3% |
| Tangible fixed assets | 22/27 | €62,182 | €42,257 | -€19,925 | -32.0% |
| Plant, machinery and equipment | 23 | €27,617 | €18,144 | -€9,473 | -34.3% |
| Furniture and vehicles | 24 | €34,564 | €24,113 | -€10,452 | -30.2% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €130,581 | €192,837 | +€62,256 | +47.7% |
| Amounts receivable within one year | 40/41 | €125,856 | €178,230 | +€52,373 | +41.6% |
| Trade receivables | 40 | €117,591 | €175,397 | +€57,807 | +49.2% |
| Other amounts receivable | 41 | €8,266 | €2,832 | -€5,433 | -65.7% |
| Cash at bank and in hand | 54/58 | €4,001 | €13,841 | +€9,841 | +246% |
| Deferred charges and accrued income | 490/1 | €724 | €766 | +€42 | +5.8% |
| Total equity and liabilities | 10/49 | €194,263 | €236,594 | +€42,331 | +21.8% |
| Equity | 10/15 | -€26,065 | -€35,915 | -€9,850 | -37.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,665 | -€54,515 | -€9,850 | -22.1% |
| Amounts payable | 17/49 | €220,328 | €272,509 | +€52,181 | +23.7% |
| Amounts payable within one year | 42/48 | €220,328 | €272,509 | +€52,181 | +23.7% |
| Trade debts | 44 | €208,746 | €257,610 | +€48,864 | +23.4% |
| Suppliers | 440/4 | €208,746 | €257,610 | +€48,864 | +23.4% |
| Taxes, remuneration and social security | 45 | - | €2,147 | +€2,147 | |
| Taxes | 450/3 | - | €2,147 | +€2,147 | |
| Other amounts payable | 47/48 | €11,582 | €12,752 | +€1,170 | +10.1% |
| Remuneration, social security and pensions | 62 | €163 | €682 | +€519 | +318% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,715 | €19,925 | -€790 | -3.8% |
| Other operating charges | 640/8 | €7,924 | €345 | -€7,580 | -95.6% |
| Gross operating margin | 9900 | €24,785 | €12,788 | -€11,998 | -48.4% |
| Operating profit (loss) | 9901 | -€4,017 | -€8,164 | -€4,147 | -103% |
| Financial income | 75/76B | €175 | €3 | -€171 | -98.1% |
| Recurring financial income | 75 | €175 | €3 | -€171 | -98.1% |
| Financial charges | 65/66B | €1,994 | €1,689 | -€305 | -15.3% |
| Recurring financial charges | 65 | €1,994 | €1,689 | -€305 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,837 | -€9,850 | -€4,013 | -68.8% |
| Income taxes | 67/77 | €3,007 | - | -€3,007 | |
| Profit (loss) for the period | 9904 | -€8,843 | -€9,850 | -€1,007 | -11.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,843 | -€9,850 | -€1,007 | -11.4% |
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 15 October 2026 via checked.be.