J & C: 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 & C
Largest movements
- Cash +€60,018
up €60,018 (+24.3%), from €247,339 to €307,357
mainly Other debts (+€259,976) and Receivables within one year (+€28,849)
- Receivables within one year -€28,849
down €28,849 (-6.2%), from €466,476 to €437,627
of which Trade receivables: -€30,788
- Other debts +€259,976
up €259,976 (+1,105,342%), from €24 to €260,000
- Reserves -€239,917
down €239,917 (-51.2%), from €468,634 to €228,717
of which Distributable reserves: -€239,917
- Gross operating margin -€36,381
down €36,381 (-9.7%), from €376,308 to €339,927
- Taxes -€8,923
down €8,923 (-41.2%), from €21,664 to €12,741
- Other operating charges +€6,385
up €6,385 (+121%), from €5,299 to €11,684
- Staff costs -€5,951
down €5,951 (-2.2%), from €269,193 to €263,242
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €922,090 | €950,628 | +€28,538 | +3.1% |
| Fixed assets | 21/28 | €75,392 | €71,530 | -€3,863 | -5.1% |
| Tangible fixed assets | 22/27 | €74,704 | €70,841 | -€3,863 | -5.2% |
| Land and buildings | 22 | €1,092 | €217 | -€875 | -80.1% |
| Plant, machinery and equipment | 23 | €41,219 | €27,618 | -€13,601 | -33.0% |
| Furniture and vehicles | 24 | - | €17,361 | +€17,361 | |
| Other tangible fixed assets | 26 | €32,393 | €25,645 | -€6,748 | -20.8% |
| Financial fixed assets | 28 | €688 | €688 | = | 0.0% |
| Current assets | 29/58 | €846,698 | €879,099 | +€32,401 | +3.8% |
| Stocks and contracts in progress | 3 | €127,380 | €130,070 | +€2,689 | +2.1% |
| Stocks | 30/36 | €127,380 | €130,070 | +€2,689 | +2.1% |
| Amounts receivable within one year | 40/41 | €466,476 | €437,627 | -€28,849 | -6.2% |
| Trade receivables | 40 | €54,914 | €24,126 | -€30,788 | -56.1% |
| Other amounts receivable | 41 | €411,561 | €413,500 | +€1,939 | +0.5% |
| Cash at bank and in hand | 54/58 | €247,339 | €307,357 | +€60,018 | +24.3% |
| Deferred charges and accrued income | 490/1 | €5,503 | €4,046 | -€1,457 | -26.5% |
| Total equity and liabilities | 10/49 | €922,090 | €950,628 | +€28,538 | +3.1% |
| Equity | 10/15 | €488,634 | €248,717 | -€239,917 | -49.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €468,634 | €228,717 | -€239,917 | -51.2% |
| Tax-exempt reserves | 132 | €26,521 | €26,521 | = | 0.0% |
| Distributable reserves | 133 | €442,113 | €202,197 | -€239,917 | -54.3% |
| Amounts payable | 17/49 | €433,456 | €701,911 | +€268,455 | +61.9% |
| Amounts payable within one year | 42/48 | €433,456 | €701,911 | +€268,455 | +61.9% |
| Trade debts | 44 | €364,797 | €367,300 | +€2,503 | +0.7% |
| Suppliers | 440/4 | €364,797 | €367,300 | +€2,503 | +0.7% |
| Taxes, remuneration and social security | 45 | €68,635 | €74,611 | +€5,976 | +8.7% |
| Taxes | 450/3 | €40,004 | €34,148 | -€5,856 | -14.6% |
| Remuneration and social security | 454/9 | €28,632 | €40,463 | +€11,831 | +41.3% |
| Other amounts payable | 47/48 | €24 | €260,000 | +€259,976 | +1,105,342% |
| Non-recurring operating income | 76A | €4,629 | €7,025 | +€2,396 | +51.8% |
| Remuneration, social security and pensions | 62 | €269,193 | €263,242 | -€5,951 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,039 | €23,495 | -€1,545 | -6.2% |
| Other operating charges | 640/8 | €5,299 | €11,684 | +€6,385 | +121% |
| Non-recurring operating charges | 66A | €2,099 | - | -€2,099 | |
| Gross operating margin | 9900 | €376,308 | €339,927 | -€36,381 | -9.7% |
| Operating profit (loss) | 9901 | €74,678 | €41,506 | -€33,172 | -44.4% |
| Financial income | 75/76B | €893 | €3,949 | +€3,056 | +342% |
| Recurring financial income | 75 | €893 | €3,949 | +€3,056 | +342% |
| Financial charges | 65/66B | €13,433 | €12,631 | -€802 | -6.0% |
| Recurring financial charges | 65 | €13,433 | €12,631 | -€802 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €62,138 | €32,824 | -€29,314 | -47.2% |
| Income taxes | 67/77 | €21,664 | €12,741 | -€8,923 | -41.2% |
| Profit (loss) for the period | 9904 | €40,474 | €20,084 | -€20,390 | -50.4% |
| Profit (loss) for the period to be appropriated | 9905 | €40,474 | €20,084 | -€20,390 | -50.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.