J’eau Solutions & Academy: 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’eau Solutions & Academy
Largest movements
- Receivables within one year +€7,513
up €7,513 (+230%), from €3,270 to €10,783
of which Trade receivables: +€6,634
- Cash -€3,203
down €3,203 (-21.6%), from €14,848 to €11,645
mainly Receivables within one year (-€7,513) and Net result for the year (-€2,589)
- Tangible fixed assets -€2,376
down €2,376 (-31.6%), from €7,527 to €5,152
of which Plant, machinery and equipment: -€2,280
- Deferred charges and accrued income +€971
up €971 (+182%), from €533 to €1,504
- Accrued charges and deferred income +€4,624
new in 2025: €4,624
- Profit (loss) carried forward -€2,589
new in 2025: -€2,589
- Other debts +€937
up €937 (+291%), from €322 to €1,259
- Tax, wage and social debts -€632
down €632 (-99.0%), from €638 to €6
- Trade debts +€565
up €565 (+76.4%), from €740 to €1,305
- Gross operating margin -€7,554
down €7,554 (-89.8%), from €8,413 to €859
- Other operating charges -€1,457
down €1,457 (-57.6%), from €2,530 to €1,072
- Depreciation -€1,174
down €1,174 (-33.1%), from €3,550 to €2,376
- Taxes -€447
down €447 (-100%), from €447 to €0
- Financial charges -€182
down €182 (-100%), from €182 to €0
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 | €26,178 | €29,084 | +€2,905 | +11.1% |
| Fixed assets | 21/28 | €7,527 | €5,152 | -€2,376 | -31.6% |
| Tangible fixed assets | 22/27 | €7,527 | €5,152 | -€2,376 | -31.6% |
| Plant, machinery and equipment | 23 | €7,432 | €5,152 | -€2,280 | -30.7% |
| Furniture and vehicles | 24 | €96 | €0 | -€96 | -100% |
| Current assets | 29/58 | €18,651 | €23,932 | +€5,281 | +28.3% |
| Amounts receivable within one year | 40/41 | €3,270 | €10,783 | +€7,513 | +230% |
| Trade receivables | 40 | €2,617 | €9,251 | +€6,634 | +254% |
| Other amounts receivable | 41 | €654 | €1,532 | +€878 | +134% |
| Cash at bank and in hand | 54/58 | €14,848 | €11,645 | -€3,203 | -21.6% |
| Deferred charges and accrued income | 490/1 | €533 | €1,504 | +€971 | +182% |
| Total equity and liabilities | 10/49 | €26,178 | €29,084 | +€2,905 | +11.1% |
| Equity | 10/15 | €24,479 | €21,889 | -€2,589 | -10.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €14,479 | €14,479 | = | 0.0% |
| Distributable reserves | 133 | €14,479 | €14,479 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€2,589 | -€2,589 | |
| Amounts payable | 17/49 | €1,700 | €7,195 | +€5,495 | +323% |
| Amounts payable within one year | 42/48 | €1,700 | €2,571 | +€871 | +51.2% |
| Trade debts | 44 | €740 | €1,305 | +€565 | +76.4% |
| Suppliers | 440/4 | €740 | €1,305 | +€565 | +76.4% |
| Taxes, remuneration and social security | 45 | €638 | €6 | -€632 | -99.0% |
| Taxes | 450/3 | €638 | €6 | -€632 | -99.0% |
| Other amounts payable | 47/48 | €322 | €1,259 | +€937 | +291% |
| Accrued charges and deferred income | 492/3 | - | €4,624 | +€4,624 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,550 | €2,376 | -€1,174 | -33.1% |
| Other operating charges | 640/8 | €2,530 | €1,072 | -€1,457 | -57.6% |
| Gross operating margin | 9900 | €8,413 | €859 | -€7,554 | -89.8% |
| Operating profit (loss) | 9901 | €2,334 | -€2,589 | -€4,923 | |
| Financial income | 75/76B | €41 | €0 | -€41 | -100% |
| Recurring financial income | 75 | €41 | €0 | -€41 | -100% |
| Financial charges | 65/66B | €182 | €0 | -€182 | -100% |
| Recurring financial charges | 65 | €182 | €0 | -€182 | -100% |
| Profit (loss) for the period before taxes | 9903 | €2,193 | -€2,589 | -€4,783 | |
| Income taxes | 67/77 | €447 | €0 | -€447 | -100% |
| Profit (loss) for the period | 9904 | €1,747 | -€2,589 | -€4,336 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,747 | -€2,589 | -€4,336 |
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 19 October 2026 via checked.be.