J-II: 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-II
Largest movements
- Tangible fixed assets -€37,419
down €37,419 (-10.0%), from €373,986 to €336,567
- Cash +€21,165
up €21,165 (+20.8%), from €101,781 to €122,946
mainly Depreciation (+€37,419) and Trade debts (+€89)
- Receivables within one year +€12,627
new in 2025: €12,627
No liability line moved by more than 1% of the balance sheet total.
- Turnover -€3,510
down €3,510 (-6.4%), from €54,579 to €51,069
- Services and other goods -€872
down €872 (-4.8%), from €18,002 to €17,130
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 | €475,767 | €472,140 | -€3,627 | -0.8% |
| Fixed assets | 21/28 | €373,986 | €336,567 | -€37,419 | -10.0% |
| Tangible fixed assets | 22/27 | €373,986 | €336,567 | -€37,419 | -10.0% |
| Land and buildings | 22 | €373,986 | €336,567 | -€37,419 | -10.0% |
| Current assets | 29/58 | €101,781 | €135,573 | +€33,792 | +33.2% |
| Amounts receivable within one year | 40/41 | - | €12,627 | +€12,627 | |
| Trade receivables | 40 | - | €12,627 | +€12,627 | |
| Cash at bank and in hand | 54/58 | €101,781 | €122,946 | +€21,165 | +20.8% |
| Total equity and liabilities | 10/49 | €475,767 | €472,140 | -€3,627 | -0.8% |
| Equity | 10/15 | €473,487 | €469,771 | -€3,716 | -0.8% |
| Contributions | 10/11 | €642,000 | €642,000 | = | 0.0% |
| Capital | 10 | €642,000 | €642,000 | = | 0.0% |
| Issued capital | 100 | €642,000 | €642,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€168,513 | -€172,229 | -€3,716 | -2.2% |
| Amounts payable | 17/49 | €2,280 | €2,369 | +€89 | +3.9% |
| Amounts payable within one year | 42/48 | €2,280 | €2,369 | +€89 | +3.9% |
| Trade debts | 44 | €2,280 | €2,369 | +€89 | +3.9% |
| Suppliers | 440/4 | €2,280 | €2,369 | +€89 | +3.9% |
| Operating income | 70/76A | €54,579 | €51,069 | -€3,510 | -6.4% |
| Turnover | 70 | €54,579 | €51,069 | -€3,510 | -6.4% |
| Operating charges | 60/66A | €55,421 | €54,549 | -€872 | -1.6% |
| Services and other goods | 61 | €18,002 | €17,130 | -€872 | -4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,419 | €37,419 | = | 0.0% |
| Operating profit (loss) | 9901 | -€842 | -€3,480 | -€2,638 | -313.3% |
| Financial charges | 65/66B | €194 | €236 | +€42 | +21.6% |
| Recurring financial charges | 65 | €194 | €236 | +€42 | +21.6% |
| Other financial charges | 652/9 | €194 | €236 | +€42 | +21.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,036 | -€3,716 | -€2,680 | -258.7% |
| Profit (loss) for the period | 9904 | -€1,036 | -€3,716 | -€2,680 | -258.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,036 | -€3,716 | -€2,680 | -258.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.