J & A GROUP: 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.
J & A GROUP
Largest movements
- Current investments -€27,065
down €27,065 (-6.5%), from €418,674 to €391,610
- Tangible fixed assets -€9,211
down €9,211 (-4.4%), from €210,160 to €200,948
- Profit (loss) carried forward -€35,226
down €35,226 (-24.7%), from €142,717 to €107,490
- Gross operating margin -€9,698
down €9,698 (-128%), from -€7,565 to -€17,263
- Financial income -€1,713
down €1,713 (-65.6%), from €2,611 to €898
- Taxes -€683
down €683 (-99.4%), from €687 to €4
- Depreciation +€527
up €527 (+6.1%), from €8,684 to €9,211
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 | €699,336 | €666,613 | -€32,723 | -4.7% |
| Fixed assets | 21/28 | €210,160 | €200,948 | -€9,211 | -4.4% |
| Tangible fixed assets | 22/27 | €210,160 | €200,948 | -€9,211 | -4.4% |
| Land and buildings | 22 | €210,160 | €200,948 | -€9,211 | -4.4% |
| Current assets | 29/58 | €489,176 | €465,664 | -€23,512 | -4.8% |
| Current investments | 50/53 | €418,674 | €391,610 | -€27,065 | -6.5% |
| Cash at bank and in hand | 54/58 | €70,008 | €73,538 | +€3,530 | +5.0% |
| Deferred charges and accrued income | 490/1 | €493 | €516 | +€23 | +4.7% |
| Total equity and liabilities | 10/49 | €699,336 | €666,613 | -€32,723 | -4.7% |
| Equity | 10/15 | €693,057 | €657,830 | -€35,226 | -5.1% |
| Contributions | 10/11 | €147,000 | €147,000 | = | 0.0% |
| Capital | 10 | €147,000 | €147,000 | = | 0.0% |
| Issued capital | 100 | €147,000 | €147,000 | = | 0.0% |
| Reserves | 13 | €403,340 | €403,340 | = | 0.0% |
| Non-distributable reserves | 130/1 | €53,340 | €53,340 | = | 0.0% |
| Legal reserve | 130 | €53,340 | €53,340 | = | 0.0% |
| Distributable reserves | 133 | €350,000 | €350,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €142,717 | €107,490 | -€35,226 | -24.7% |
| Amounts payable | 17/49 | €6,279 | €8,782 | +€2,503 | +39.9% |
| Amounts payable within one year | 42/48 | €5,469 | €7,972 | +€2,503 | +45.8% |
| Trade debts | 44 | €1,623 | €709 | -€914 | -56.3% |
| Suppliers | 440/4 | €1,623 | €709 | -€914 | -56.3% |
| Other amounts payable | 47/48 | €3,846 | €7,263 | +€3,417 | +88.8% |
| Accrued charges and deferred income | 492/3 | €810 | €810 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,684 | €9,211 | +€527 | +6.1% |
| Other operating charges | 640/8 | €9,487 | €9,570 | +€83 | +0.9% |
| Gross operating margin | 9900 | -€7,565 | -€17,263 | -€9,698 | -128% |
| Operating profit (loss) | 9901 | -€25,736 | -€36,045 | -€10,308 | -40.1% |
| Financial income | 75/76B | €2,611 | €898 | -€1,713 | -65.6% |
| Recurring financial income | 75 | €2,611 | €898 | -€1,713 | -65.6% |
| Financial charges | 65/66B | €74 | €75 | +€1 | +1.0% |
| Recurring financial charges | 65 | €74 | €75 | +€1 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | -€23,200 | -€35,222 | -€12,022 | -51.8% |
| Income taxes | 67/77 | €687 | €4 | -€683 | -99.4% |
| Profit (loss) for the period | 9904 | -€23,887 | -€35,226 | -€11,340 | -47.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,887 | -€35,226 | -€11,340 | -47.5% |
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.