J-Concept: what changed
Two fiscal 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-Concept
Largest movements
- Receivables within one year +€11,088
up €11,088 (+69.2%), from €16,027 to €27,115
of which Trade receivables: +€7,821
- Tangible fixed assets -€706
down €706 (-18.1%), from €3,906 to €3,200
of which Plant, machinery and equipment: -€464
- Reserves +€11,345
new in 2025: €11,345
- Tax, wage and social debts -€4,768
down €4,768 (-36.2%), from €13,183 to €8,416
of which Taxes: -€4,848
- Profit (loss) carried forward +€3,340
no longer reported in 2025 (was -€3,340)
- Trade debts +€1,946
up €1,946 (+274.6%), from €709 to €2,654
- Accrued charges and deferred income -€1,423
no longer reported in 2025 (was €1,423)
- Gross operating margin +€23,743
up €23,743 (+8246.0%), from €288 to €24,031
- Taxes +€5,054
up €5,054 (+37495.8%), from €13 to €5,068
- Financial charges +€601
up €601 (+52.0%), from €1,156 to €1,757
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.
Cash bridge derived
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 | €20,043 | €30,383 | +€10,340 | +51.6% |
| Fixed assets | 21/28 | €3,906 | €3,200 | -€706 | -18.1% |
| Tangible fixed assets | 22/27 | €3,906 | €3,200 | -€706 | -18.1% |
| Plant, machinery and equipment | 23 | €1,879 | €1,415 | -€464 | -24.7% |
| Furniture and vehicles | 24 | €2,027 | €1,785 | -€242 | -11.9% |
| Current assets | 29/58 | €16,137 | €27,183 | +€11,046 | +68.5% |
| Amounts receivable within one year | 40/41 | €16,027 | €27,115 | +€11,088 | +69.2% |
| Trade receivables | 40 | - | €7,821 | +€7,821 | |
| Other amounts receivable | 41 | €16,027 | €19,294 | +€3,267 | +20.4% |
| Cash at bank and in hand | 54/58 | €110 | €68 | -€42 | -38.0% |
| Total equity and liabilities | 10/49 | €20,043 | €30,383 | +€10,340 | +51.6% |
| Equity | 10/15 | -€340 | €14,345 | +€14,685 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €11,345 | +€11,345 | |
| Distributable reserves | 133 | - | €11,345 | +€11,345 | |
| Profit (loss) carried forward | 14 | -€3,340 | - | +€3,340 | |
| Amounts payable | 17/49 | €20,382 | €16,038 | -€4,344 | -21.3% |
| Amounts payable within one year | 42/48 | €18,960 | €16,038 | -€2,922 | -15.4% |
| Current portion of amounts payable after more than one year | 42 | €5,068 | €4,968 | -€100 | -2.0% |
| Trade debts | 44 | €709 | €2,654 | +€1,946 | +274.6% |
| Suppliers | 440/4 | €709 | €2,654 | +€1,946 | +274.6% |
| Taxes, remuneration and social security | 45 | €13,183 | €8,416 | -€4,768 | -36.2% |
| Taxes | 450/3 | €10,363 | €5,516 | -€4,848 | -46.8% |
| Remuneration and social security | 454/9 | €2,820 | €2,900 | +€80 | +2.8% |
| Accrued charges and deferred income | 492/3 | €1,423 | - | -€1,423 | |
| Remuneration, social security and pensions | 62 | €35 | - | -€35 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €642 | €706 | +€64 | +10.0% |
| Other operating charges | 640/8 | €1,786 | €1,824 | +€37 | +2.1% |
| Gross operating margin | 9900 | €288 | €24,031 | +€23,743 | +8246.0% |
| Operating profit (loss) | 9901 | -€2,175 | €21,501 | +€23,676 | |
| Financial income | 75/76B | €5 | €8 | +€4 | +78.5% |
| Recurring financial income | 75 | €5 | €8 | +€4 | +78.5% |
| Financial charges | 65/66B | €1,156 | €1,757 | +€601 | +52.0% |
| Recurring financial charges | 65 | €1,156 | €1,757 | +€601 | +52.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,326 | €19,753 | +€23,079 | |
| Income taxes | 67/77 | €13 | €5,068 | +€5,054 | +37495.8% |
| Profit (loss) for the period | 9904 | -€3,340 | €14,685 | +€18,024 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,340 | €14,685 | +€18,024 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.