J & 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 & J
Largest movements
- Current investments -€206,271
down €206,271 (-41.3%), from €500,000 to €293,729
- Cash +€125,614
up €125,614 (+86.7%), from €144,853 to €270,467
mainly Current investments (+€206,271) and Depreciation (+€48,303)
- Tangible fixed assets -€55,559
down €55,559 (-20.5%), from €270,880 to €215,321
of which Land and buildings: -€47,684
- Deferred charges and accrued income +€28,355
up €28,355 (+1,681%), from €1,687 to €30,042
- Receivables within one year -€26,859
down €26,859 (-23.6%), from €113,763 to €86,904
of which Trade receivables: -€34,382
- Reserves -€86,470
down €86,470 (-14.5%), from €594,491 to €508,021
of which Distributable reserves: -€86,470
- Tax, wage and social debts -€33,112
down €33,112 (-42.8%), from €77,450 to €44,337
of which Taxes: -€27,184
- Other debts -€10,732
down €10,732 (-3.9%), from €277,234 to €266,501
- Gross operating margin -€150,421
down €150,421 (-50.6%), from €297,515 to €147,094
- Taxes -€64,425
down €64,425 (-92.4%), from €69,691 to €5,267
- Financial income -€54,357
down €54,357 (-60.6%), from €89,641 to €35,284
- Financial charges +€10,309
up €10,309 (+11.3%), from €91,456 to €101,765
- Staff costs -€8,864
no longer reported in 2025 (was €8,864)
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 | €1,036,200 | €901,482 | -€134,719 | -13.0% |
| Fixed assets | 21/28 | €275,898 | €220,340 | -€55,559 | -20.1% |
| Tangible fixed assets | 22/27 | €270,880 | €215,321 | -€55,559 | -20.5% |
| Land and buildings | 22 | €245,684 | €198,000 | -€47,684 | -19.4% |
| Furniture and vehicles | 24 | €25,196 | €17,321 | -€7,875 | -31.3% |
| Financial fixed assets | 28 | €5,019 | €5,019 | = | 0.0% |
| Current assets | 29/58 | €760,302 | €681,142 | -€79,160 | -10.4% |
| Amounts receivable within one year | 40/41 | €113,763 | €86,904 | -€26,859 | -23.6% |
| Trade receivables | 40 | €63,513 | €29,131 | -€34,382 | -54.1% |
| Other amounts receivable | 41 | €50,250 | €57,773 | +€7,523 | +15.0% |
| Current investments | 50/53 | €500,000 | €293,729 | -€206,271 | -41.3% |
| Cash at bank and in hand | 54/58 | €144,853 | €270,467 | +€125,614 | +86.7% |
| Deferred charges and accrued income | 490/1 | €1,687 | €30,042 | +€28,355 | +1,681% |
| Total equity and liabilities | 10/49 | €1,036,200 | €901,482 | -€134,719 | -13.0% |
| Equity | 10/15 | €644,491 | €558,021 | -€86,470 | -13.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €594,491 | €508,021 | -€86,470 | -14.5% |
| Tax-exempt reserves | 132 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €584,491 | €498,021 | -€86,470 | -14.8% |
| Amounts payable | 17/49 | €391,709 | €343,461 | -€48,249 | -12.3% |
| Amounts payable after more than one year | 17 | €6,262 | - | -€6,262 | |
| Financial debts | 170/4 | €6,262 | - | -€6,262 | |
| Amounts payable within one year | 42/48 | €384,560 | €336,585 | -€47,974 | -12.5% |
| Current portion of amounts payable after more than one year | 42 | €10,605 | €6,262 | -€4,344 | -41.0% |
| Trade debts | 44 | €19,271 | €19,485 | +€214 | +1.1% |
| Suppliers | 440/4 | €19,271 | €19,485 | +€214 | +1.1% |
| Taxes, remuneration and social security | 45 | €77,450 | €44,337 | -€33,112 | -42.8% |
| Taxes | 450/3 | €37,965 | €10,781 | -€27,184 | -71.6% |
| Remuneration and social security | 454/9 | €39,485 | €33,556 | -€5,929 | -15.0% |
| Other amounts payable | 47/48 | €277,234 | €266,501 | -€10,732 | -3.9% |
| Accrued charges and deferred income | 492/3 | €888 | €6,875 | +€5,987 | +674% |
| Non-recurring operating income | 76A | - | €3,102 | +€3,102 | |
| Remuneration, social security and pensions | 62 | €8,864 | - | -€8,864 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,368 | €48,303 | -€5,064 | -9.5% |
| Other operating charges | 640/8 | €2,418 | €6,156 | +€3,738 | +155% |
| Non-recurring operating charges | 66A | - | €10,357 | +€10,357 | |
| Gross operating margin | 9900 | €297,515 | €147,094 | -€150,421 | -50.6% |
| Operating profit (loss) | 9901 | €232,865 | €82,277 | -€150,588 | -64.7% |
| Financial income | 75/76B | €89,641 | €35,284 | -€54,357 | -60.6% |
| Recurring financial income | 75 | €89,641 | €35,284 | -€54,357 | -60.6% |
| Financial charges | 65/66B | €91,456 | €101,765 | +€10,309 | +11.3% |
| Recurring financial charges | 65 | €91,456 | €101,765 | +€10,309 | +11.3% |
| Profit (loss) for the period before taxes | 9903 | €231,051 | €15,797 | -€215,255 | -93.2% |
| Income taxes | 67/77 | €69,691 | €5,267 | -€64,425 | -92.4% |
| Profit (loss) for the period | 9904 | €161,360 | €10,530 | -€150,830 | -93.5% |
| Profit (loss) for the period to be appropriated | 9905 | €161,360 | €10,530 | -€150,830 | -93.5% |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.