J.G. Full Services: 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.G. Full Services
Largest movements
- Tangible fixed assets +€14,675
up €14,675 (+10.4%), from €140,800 to €155,475
of which Plant, machinery and equipment: +€20,638
- Cash -€7,511
down €7,511 (-94.1%), from €7,985 to €474
mainly Investment in fixed assets (net) (-€51,760) and Net result for the year (-€46,282)
- Short-term financial debts +€81,730
new in 2025: €81,730
- Profit (loss) carried forward -€46,282
down €46,282 (-1,740%), from -€2,661 to -€48,942
- Debts after one year -€26,757
down €26,757 (-33.2%), from €80,574 to €53,816
- Tax, wage and social debts -€2,806
down €2,806 (-36.8%), from €7,624 to €4,818
of which Taxes: -€2,494
- Gross operating margin -€13,190
down €13,190 (-50.4%), from €26,189 to €13,000
- Financial income -€12,534
down €12,534 (-93.4%), from €13,415 to €881
of which Non-recurring financial income: -€12,535
- Depreciation +€10,881
up €10,881 (+40.7%), from €26,709 to €37,590
- Financial charges +€4,217
up €4,217 (+88.2%), from €4,779 to €8,996
of which Financial charges: +€3,595
- Staff costs -€3,330
down €3,330 (-23.0%), from €14,471 to €11,141
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 | €174,616 | €183,362 | +€8,746 | +5.0% |
| Formation expenses | 20 | €1,707 | €1,203 | -€504 | -29.5% |
| Fixed assets | 21/28 | €140,935 | €155,610 | +€14,675 | +10.4% |
| Tangible fixed assets | 22/27 | €140,800 | €155,475 | +€14,675 | +10.4% |
| Plant, machinery and equipment | 23 | €112,063 | €132,702 | +€20,638 | +18.4% |
| Furniture and vehicles | 24 | €28,737 | €22,773 | -€5,964 | -20.8% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €31,973 | €26,549 | -€5,424 | -17.0% |
| Stocks and contracts in progress | 3 | - | €1,402 | +€1,402 | |
| Stocks | 30/36 | - | €1,402 | +€1,402 | |
| Amounts receivable within one year | 40/41 | €23,852 | €24,378 | +€526 | +2.2% |
| Trade receivables | 40 | €23,852 | €24,331 | +€479 | +2.0% |
| Other amounts receivable | 41 | - | €47 | +€47 | |
| Cash at bank and in hand | 54/58 | €7,985 | €474 | -€7,511 | -94.1% |
| Deferred charges and accrued income | 490/1 | €136 | €296 | +€160 | +118% |
| Total equity and liabilities | 10/49 | €174,616 | €183,362 | +€8,746 | +5.0% |
| Equity | 10/15 | €2,339 | -€43,942 | -€46,282 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,661 | -€48,942 | -€46,282 | -1,740% |
| Amounts payable | 17/49 | €172,277 | €227,304 | +€55,028 | +31.9% |
| Amounts payable after more than one year | 17 | €80,574 | €53,816 | -€26,757 | -33.2% |
| Financial debts | 170/4 | €80,574 | €53,816 | -€26,757 | -33.2% |
| Amounts payable within one year | 42/48 | €90,903 | €173,488 | +€82,585 | +90.9% |
| Current portion of amounts payable after more than one year | 42 | €25,229 | €26,673 | +€1,444 | +5.7% |
| Financial debts | 43 | - | €81,730 | +€81,730 | |
| Credit institutions | 430/8 | - | €81,730 | +€81,730 | |
| Trade debts | 44 | €14,467 | €14,970 | +€503 | +3.5% |
| Suppliers | 440/4 | €14,467 | €14,970 | +€503 | +3.5% |
| Taxes, remuneration and social security | 45 | €7,624 | €4,818 | -€2,806 | -36.8% |
| Taxes | 450/3 | €4,354 | €1,860 | -€2,494 | -57.3% |
| Remuneration and social security | 454/9 | €3,270 | €2,957 | -€312 | -9.6% |
| Other amounts payable | 47/48 | €43,583 | €45,298 | +€1,715 | +3.9% |
| Accrued charges and deferred income | 492/3 | €800 | - | -€800 | |
| Remuneration, social security and pensions | 62 | €14,471 | €11,141 | -€3,330 | -23.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,709 | €37,590 | +€10,881 | +40.7% |
| Other operating charges | 640/8 | €1,698 | €2,303 | +€605 | +35.6% |
| Gross operating margin | 9900 | €26,189 | €13,000 | -€13,190 | -50.4% |
| Operating profit (loss) | 9901 | -€16,689 | -€38,034 | -€21,345 | -128% |
| Financial income | 75/76B | €13,415 | €881 | -€12,534 | -93.4% |
| Recurring financial income | 75 | €16 | €17 | +€1 | +6.4% |
| Non-recurring financial income | 76B | €13,398 | €863 | -€12,535 | -93.6% |
| Financial charges | 65/66B | €4,779 | €8,996 | +€4,217 | +88.2% |
| Recurring financial charges | 65 | €4,750 | €8,345 | +€3,595 | +75.7% |
| Non-recurring financial charges | 66B | €29 | €651 | +€622 | +2,164% |
| Profit (loss) for the period before taxes | 9903 | -€8,054 | -€46,150 | -€38,096 | -473% |
| Income taxes | 67/77 | - | €132 | +€132 | |
| Profit (loss) for the period | 9904 | -€8,054 | -€46,282 | -€38,228 | -475% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,054 | -€46,282 | -€38,228 | -475% |
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 24 October 2026 via checked.be.