J.CO: 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.CO
Largest movements
- Cash -€5,415
down €5,415 (-50.2%), from €10,781 to €5,366
mainly Net result for the year (-€4,121) and Tax, wage and social debts (-€1,735)
- Receivables within one year +€1,542
up €1,542 (+69.2%), from €2,226 to €3,768
of which Trade receivables: +€834
- Tangible fixed assets +€1,287
new in 2025: €1,287
- Profit (loss) carried forward -€4,121
new in 2025: -€4,121
- Other debts +€2,539
up €2,539 (+135%), from €1,877 to €4,416
- Tax, wage and social debts -€1,735
down €1,735 (-40.5%), from €4,280 to €2,545
- Trade debts +€731
new in 2025: €731
- Gross operating margin -€13,438
down €13,438, from €9,350 to -€4,089
- Taxes -€2,486
down €2,486 (-98.8%), from €2,516 to €29
- Depreciation -€1,132
down €1,132 (-77.9%), from €1,454 to €322
- Financial income +€359
new in 2025: €359
of which Non-recurring financial income: +€359
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 | €13,007 | €10,421 | -€2,586 | -19.9% |
| Fixed assets | 21/28 | - | €1,287 | +€1,287 | |
| Tangible fixed assets | 22/27 | - | €1,287 | +€1,287 | |
| Furniture and vehicles | 24 | - | €1,287 | +€1,287 | |
| Current assets | 29/58 | €13,007 | €9,134 | -€3,873 | -29.8% |
| Amounts receivable within one year | 40/41 | €2,226 | €3,768 | +€1,542 | +69.2% |
| Trade receivables | 40 | €2,226 | €3,060 | +€834 | +37.4% |
| Other amounts receivable | 41 | - | €708 | +€708 | |
| Cash at bank and in hand | 54/58 | €10,781 | €5,366 | -€5,415 | -50.2% |
| Total equity and liabilities | 10/49 | €13,007 | €10,421 | -€2,586 | -19.9% |
| Equity | 10/15 | €6,850 | €2,729 | -€4,121 | -60.2% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €5,350 | €5,350 | = | 0.0% |
| Distributable reserves | 133 | €5,350 | €5,350 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€4,121 | -€4,121 | |
| Amounts payable | 17/49 | €6,157 | €7,692 | +€1,535 | +24.9% |
| Amounts payable within one year | 42/48 | €6,157 | €7,692 | +€1,535 | +24.9% |
| Trade debts | 44 | - | €731 | +€731 | |
| Suppliers | 440/4 | - | €731 | +€731 | |
| Taxes, remuneration and social security | 45 | €4,280 | €2,545 | -€1,735 | -40.5% |
| Taxes | 450/3 | €4,280 | €2,545 | -€1,735 | -40.5% |
| Other amounts payable | 47/48 | €1,877 | €4,416 | +€2,539 | +135% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,454 | €322 | -€1,132 | -77.9% |
| Gross operating margin | 9900 | €9,350 | -€4,089 | -€13,438 | |
| Operating profit (loss) | 9901 | €7,896 | -€4,411 | -€12,306 | |
| Financial income | 75/76B | - | €359 | +€359 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Non-recurring financial income | 76B | - | €359 | +€359 | |
| Financial charges | 65/66B | €30 | €40 | +€10 | +34.7% |
| Recurring financial charges | 65 | €30 | €40 | +€10 | +34.7% |
| Profit (loss) for the period before taxes | 9903 | €7,866 | -€4,091 | -€11,957 | |
| Income taxes | 67/77 | €2,516 | €29 | -€2,486 | -98.8% |
| Profit (loss) for the period | 9904 | €5,350 | -€4,121 | -€9,471 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,350 | -€4,121 | -€9,471 |
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 25 October 2026 via checked.be.