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
- Intangible fixed assets -€15,000
down €15,000 (-61.5%), from €24,375 to €9,375
- Cash -€4,298
down €4,298 (-43.8%), from €9,813 to €5,515
mainly Debts after one year (-€9,402) and Trade debts (-€7,276)
- Tangible fixed assets -€741
down €741 (-83.6%), from €887 to €146
of which Plant, machinery and equipment: -€555
- Debts after one year -€9,402
down €9,402 (-100%), from €9,402 to €0
- Trade debts -€7,276
down €7,276 (-91.2%), from €7,978 to €702
- Other debts -€3,238
down €3,238 (-12.5%), from €25,885 to €22,646
- Profit (loss) carried forward +€2,894
up €2,894 (+5.3%), from -€54,427 to -€51,532
- Tax, wage and social debts -€1,322
down €1,322 (-14.8%), from €8,954 to €7,632
of which Remuneration and social security: -€2,453
- Staff costs +€6,005
up €6,005 (+24.6%), from €24,457 to €30,462
- Other operating charges +€778
up €778 (+41.6%), from €1,868 to €2,646
- Financial charges -€689
down €689 (-31.4%), from €2,196 to €1,507
- Gross operating margin +€621
up €621 (+1.2%), from €52,629 to €53,250
From the 30-09-2024 result to the 30-09-2025 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 30-09-2024 and 30-09-2025 balance sheets and the 30-09-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 30-09-2024 | 30-09-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €42,365 | €22,808 | -€19,558 | -46.2% |
| Fixed assets | 21/28 | €25,262 | €9,521 | -€15,741 | -62.3% |
| Intangible fixed assets | 21 | €24,375 | €9,375 | -€15,000 | -61.5% |
| Tangible fixed assets | 22/27 | €887 | €146 | -€741 | -83.6% |
| Plant, machinery and equipment | 23 | €555 | €0 | -€555 | -100% |
| Furniture and vehicles | 24 | €332 | €146 | -€186 | -56.0% |
| Current assets | 29/58 | €17,104 | €13,287 | -€3,817 | -22.3% |
| Stocks and contracts in progress | 3 | €7,291 | €7,441 | +€150 | +2.1% |
| Stocks | 30/36 | €7,291 | €7,441 | +€150 | +2.1% |
| Amounts receivable within one year | 40/41 | €0 | €331 | +€331 | |
| Other amounts receivable | 41 | €0 | €331 | +€331 | |
| Cash at bank and in hand | 54/58 | €9,813 | €5,515 | -€4,298 | -43.8% |
| Total equity and liabilities | 10/49 | €42,365 | €22,808 | -€19,558 | -46.2% |
| Equity | 10/15 | -€16,627 | -€13,732 | +€2,894 | +17.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €12,800 | €12,800 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,800 | €10,800 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,427 | -€51,532 | +€2,894 | +5.3% |
| Amounts payable | 17/49 | €58,992 | €36,540 | -€22,452 | -38.1% |
| Amounts payable after more than one year | 17 | €9,402 | €0 | -€9,402 | -100% |
| Financial debts | 170/4 | €9,402 | €0 | -€9,402 | -100% |
| Amounts payable within one year | 42/48 | €49,590 | €36,540 | -€13,050 | -26.3% |
| Current portion of amounts payable after more than one year | 42 | €6,773 | €5,559 | -€1,213 | -17.9% |
| Trade debts | 44 | €7,978 | €702 | -€7,276 | -91.2% |
| Suppliers | 440/4 | €7,978 | €702 | -€7,276 | -91.2% |
| Taxes, remuneration and social security | 45 | €8,954 | €7,632 | -€1,322 | -14.8% |
| Taxes | 450/3 | €4,896 | €6,026 | +€1,130 | +23.1% |
| Remuneration and social security | 454/9 | €4,058 | €1,606 | -€2,453 | -60.4% |
| Other amounts payable | 47/48 | €25,885 | €22,646 | -€3,238 | -12.5% |
| Remuneration, social security and pensions | 62 | €24,457 | €30,462 | +€6,005 | +24.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,943 | €15,741 | -€202 | -1.3% |
| Other operating charges | 640/8 | €1,868 | €2,646 | +€778 | +41.6% |
| Gross operating margin | 9900 | €52,629 | €53,250 | +€621 | +1.2% |
| Operating profit (loss) | 9901 | €10,362 | €4,402 | -€5,960 | -57.5% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €2,196 | €1,507 | -€689 | -31.4% |
| Recurring financial charges | 65 | €2,196 | €1,507 | -€689 | -31.4% |
| Profit (loss) for the period before taxes | 9903 | €8,165 | €2,894 | -€5,271 | -64.6% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €8,165 | €2,894 | -€5,271 | -64.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,165 | €2,894 | -€5,271 | -64.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.