J. en J.: 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. en J.
Largest movements
- Receivables within one year -€22,434
down €22,434 (-5.3%), from €422,900 to €400,466
of which Trade receivables: -€225,561
- Tangible fixed assets -€15,228
down €15,228 (-3.8%), from €400,283 to €385,055
of which Land and buildings: -€14,968
- Provisions -€44,239
down €44,239 (-100%), from €44,239 to €0
- Tax, wage and social debts +€27,268
up €27,268 (+1,323%), from €2,061 to €29,329
- Taxes +€29,350
up €29,350 (+449,458%), from €7 to €29,356
- Gross operating margin -€29,005
down €29,005, from €27,918 to -€1,087
- Depreciation -€6,788
down €6,788 (-30.8%), from €22,016 to €15,228
- Other operating charges -€5,128
down €5,128 (-66.3%), from €7,731 to €2,604
- Financial charges +€1,369
up €1,369 (+178%), from €768 to €2,137
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 | €833,153 | €795,105 | -€38,048 | -4.6% |
| Fixed assets | 21/28 | €400,283 | €385,055 | -€15,228 | -3.8% |
| Tangible fixed assets | 22/27 | €400,283 | €385,055 | -€15,228 | -3.8% |
| Land and buildings | 22 | €393,518 | €378,550 | -€14,968 | -3.8% |
| Furniture and vehicles | 24 | - | €6,505 | +€6,505 | |
| Leasing and similar rights | 25 | €6,765 | €0 | -€6,765 | -100% |
| Current assets | 29/58 | €432,870 | €410,050 | -€22,820 | -5.3% |
| Amounts receivable within one year | 40/41 | €422,900 | €400,466 | -€22,434 | -5.3% |
| Trade receivables | 40 | €284,061 | €58,500 | -€225,561 | -79.4% |
| Other amounts receivable | 41 | €138,839 | €341,966 | +€203,127 | +146% |
| Cash at bank and in hand | 54/58 | €3,905 | €3,976 | +€71 | +1.8% |
| Deferred charges and accrued income | 490/1 | €6,065 | €5,607 | -€458 | -7.5% |
| Total equity and liabilities | 10/49 | €833,153 | €795,105 | -€38,048 | -4.6% |
| Equity | 10/15 | €416,751 | €410,669 | -€6,082 | -1.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €398,159 | €392,077 | -€6,082 | -1.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €132,718 | €0 | -€132,718 | -100% |
| Distributable reserves | 133 | €265,441 | €392,077 | +€126,636 | +47.7% |
| Provisions and deferred taxes | 16 | €44,239 | €0 | -€44,239 | -100% |
| Deferred taxes | 168 | €44,239 | €0 | -€44,239 | -100% |
| Amounts payable | 17/49 | €372,163 | €384,436 | +€12,273 | +3.3% |
| Amounts payable after more than one year | 17 | €5,398 | €0 | -€5,398 | -100% |
| Financial debts | 170/4 | €5,398 | €0 | -€5,398 | -100% |
| Amounts payable within one year | 42/48 | €366,765 | €384,436 | +€17,671 | +4.8% |
| Current portion of amounts payable after more than one year | 42 | €5,527 | €0 | -€5,527 | -100% |
| Trade debts | 44 | €4,070 | €0 | -€4,070 | -100% |
| Suppliers | 440/4 | €4,070 | €0 | -€4,070 | -100% |
| Taxes, remuneration and social security | 45 | €2,061 | €29,329 | +€27,268 | +1,323% |
| Taxes | 450/3 | €2,061 | €29,329 | +€27,268 | +1,323% |
| Other amounts payable | 47/48 | €355,107 | €355,107 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,016 | €15,228 | -€6,788 | -30.8% |
| Other operating charges | 640/8 | €7,731 | €2,604 | -€5,128 | -66.3% |
| Gross operating margin | 9900 | €27,918 | -€1,087 | -€29,005 | |
| Operating profit (loss) | 9901 | -€1,829 | -€18,919 | -€17,090 | -934% |
| Financial income | 75/76B | €295 | €91 | -€205 | -69.3% |
| Recurring financial income | 75 | €295 | €91 | -€205 | -69.3% |
| Financial charges | 65/66B | €768 | €2,137 | +€1,369 | +178% |
| Recurring financial charges | 65 | €768 | €2,137 | +€1,369 | +178% |
| Profit (loss) for the period before taxes | 9903 | -€2,302 | -€20,965 | -€18,664 | -811% |
| Transfer from deferred taxes | 780 | - | €44,239 | +€44,239 | |
| Income taxes | 67/77 | €7 | €29,356 | +€29,350 | +449,458% |
| Profit (loss) for the period | 9904 | -€2,308 | -€6,082 | -€3,774 | -164% |
| Transfer from tax-exempt reserves | 789 | - | €132,718 | +€132,718 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,308 | €126,636 | +€128,944 |
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 23 October 2026 via checked.be.