J and R: 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 and R
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Trade debts -€7,937
down €7,937 (-4.4%), from €180,643 to €172,706
- Other debts +€7,452
up €7,452 (+65.8%), from €11,320 to €18,773
- Gross operating margin +€1,977
up €1,977, from -€993 to €985
- Financial income -€1,597
no longer reported in 2025 (was €1,597)
of which Financial income: -€1,597
- Taxes +€431
new in 2025: €431
- Financial charges -€63
down €63 (-29.2%), from €217 to €154
- Other operating charges +€12
up €12 (+3.2%), from €387 to €400
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 | €135,293 | €135,239 | -€54 | 0.0% |
| Current assets | 29/58 | €135,293 | €135,239 | -€54 | 0.0% |
| Amounts receivable within one year | 40/41 | €135,236 | €135,236 | = | 0.0% |
| Trade receivables | 40 | €135,236 | €135,236 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €56 | €3 | -€54 | -95.2% |
| Total equity and liabilities | 10/49 | €135,293 | €135,239 | -€54 | 0.0% |
| Equity | 10/15 | -€56,671 | -€56,671 | = | 0.0% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,613 | €6,613 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,613 | €6,613 | = | 0.0% |
| Legal reserve | 130 | €6,613 | €6,613 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€125,257 | -€125,257 | = | 0.0% |
| Amounts payable | 17/49 | €191,964 | €191,910 | -€54 | 0.0% |
| Amounts payable within one year | 42/48 | €191,964 | €191,910 | -€54 | 0.0% |
| Trade debts | 44 | €180,643 | €172,706 | -€7,937 | -4.4% |
| Suppliers | 440/4 | €180,643 | €172,706 | -€7,937 | -4.4% |
| Taxes, remuneration and social security | 45 | - | €431 | +€431 | |
| Taxes | 450/3 | - | €431 | +€431 | |
| Other amounts payable | 47/48 | €11,320 | €18,773 | +€7,452 | +65.8% |
| Non-recurring operating income | 76A | - | €8,002 | +€8,002 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€993 | €985 | +€1,977 | |
| Operating profit (loss) | 9901 | -€1,380 | €585 | +€1,965 | |
| Financial income | 75/76B | €1,597 | - | -€1,597 | |
| Recurring financial income | 75 | €1,597 | - | -€1,597 | |
| Non-recurring financial income | 76B | €1,597 | - | -€1,597 | |
| Financial charges | 65/66B | €217 | €154 | -€63 | -29.2% |
| Recurring financial charges | 65 | €217 | €154 | -€63 | -29.2% |
| Profit (loss) for the period before taxes | 9903 | €0 | €431 | +€431 | |
| Income taxes | 67/77 | - | €431 | +€431 | |
| Profit (loss) for the period | 9904 | €0 | €0 | = | |
| Profit (loss) for the period to be appropriated | 9905 | €0 | €0 | = |
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 29 October 2026 via checked.be.