J&J Properties: 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 Properties
Largest movements
- Cash +€44,033
up €44,033 (+12.3%), from €357,780 to €401,813
mainly Other debts (+€71,525) and Net result for the year (+€52,810)
- Receivables within one year +€41,065
up €41,065 (+14.3%), from €286,891 to €327,956
of which Trade receivables: +€144,160
- Tangible fixed assets -€9,497
down €9,497 (-9.7%), from €98,088 to €88,592
of which Other tangible fixed assets: -€8,273
- Other debts +€71,525
up €71,525 (+31.2%), from €229,570 to €301,096
- Tax, wage and social debts -€49,520
down €49,520 (-32.3%), from €153,083 to €103,563
of which Taxes: -€24,927
- Profit (loss) carried forward +€37,810
up €37,810 (+18.5%), from €204,048 to €241,858
- Trade debts +€31,124
up €31,124 (+440%), from €7,070 to €38,194
- Debts after one year -€12,872
down €12,872 (-9.4%), from €137,509 to €124,637
- Gross operating margin +€165,793
up €165,793 (+42.7%), from €388,452 to €554,245
- Staff costs +€25,721
up €25,721 (+5.9%), from €437,277 to €462,997
- Other operating charges -€6,376
down €6,376 (-67.6%), from €9,427 to €3,051
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €777,937 | €857,205 | +€79,268 | +10.2% |
| Fixed assets | 21/28 | €109,046 | €97,174 | -€11,873 | -10.9% |
| Intangible fixed assets | 21 | €4,458 | €2,082 | -€2,376 | -53.3% |
| Tangible fixed assets | 22/27 | €98,088 | €88,592 | -€9,497 | -9.7% |
| Furniture and vehicles | 24 | €37,444 | €36,220 | -€1,224 | -3.3% |
| Other tangible fixed assets | 26 | €60,645 | €52,372 | -€8,273 | -13.6% |
| Financial fixed assets | 28 | €6,500 | €6,500 | = | 0.0% |
| Current assets | 29/58 | €668,891 | €760,031 | +€91,140 | +13.6% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €286,891 | €327,956 | +€41,065 | +14.3% |
| Trade receivables | 40 | €133,987 | €278,147 | +€144,160 | +108% |
| Other amounts receivable | 41 | €152,904 | €49,809 | -€103,095 | -67.4% |
| Cash at bank and in hand | 54/58 | €357,780 | €401,813 | +€44,033 | +12.3% |
| Deferred charges and accrued income | 490/1 | €24,219 | €30,262 | +€6,042 | +24.9% |
| Total equity and liabilities | 10/49 | €777,937 | €857,205 | +€79,268 | +10.2% |
| Equity | 10/15 | €212,103 | €249,913 | +€37,810 | +17.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €204,048 | €241,858 | +€37,810 | +18.5% |
| Amounts payable | 17/49 | €565,834 | €607,291 | +€41,458 | +7.3% |
| Amounts payable after more than one year | 17 | €137,509 | €124,637 | -€12,872 | -9.4% |
| Financial debts | 170/4 | €137,509 | €124,637 | -€12,872 | -9.4% |
| Amounts payable within one year | 42/48 | €421,630 | €477,666 | +€56,036 | +13.3% |
| Current portion of amounts payable after more than one year | 42 | €31,906 | €34,812 | +€2,906 | +9.1% |
| Trade debts | 44 | €7,070 | €38,194 | +€31,124 | +440% |
| Suppliers | 440/4 | €7,070 | €38,194 | +€31,124 | +440% |
| Taxes, remuneration and social security | 45 | €153,083 | €103,563 | -€49,520 | -32.3% |
| Taxes | 450/3 | €82,888 | €57,960 | -€24,927 | -30.1% |
| Remuneration and social security | 454/9 | €70,196 | €45,603 | -€24,593 | -35.0% |
| Other amounts payable | 47/48 | €229,570 | €301,096 | +€71,525 | +31.2% |
| Accrued charges and deferred income | 492/3 | €6,695 | €4,989 | -€1,706 | -25.5% |
| Remuneration, social security and pensions | 62 | €437,277 | €462,997 | +€25,721 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,619 | €30,091 | +€5,472 | +22.2% |
| Other operating charges | 640/8 | €9,427 | €3,051 | -€6,376 | -67.6% |
| Gross operating margin | 9900 | €388,452 | €554,245 | +€165,793 | +42.7% |
| Operating profit (loss) | 9901 | -€82,871 | €58,105 | +€140,976 | |
| Financial income | 75/76B | €5,956 | €3,979 | -€1,977 | -33.2% |
| Recurring financial income | 75 | €5,956 | €3,979 | -€1,977 | -33.2% |
| Financial charges | 65/66B | €7,343 | €8,526 | +€1,183 | +16.1% |
| Recurring financial charges | 65 | €7,343 | €8,526 | +€1,183 | +16.1% |
| Profit (loss) for the period before taxes | 9903 | -€84,258 | €53,558 | +€137,817 | |
| Income taxes | 67/77 | €4,580 | €748 | -€3,831 | -83.7% |
| Profit (loss) for the period | 9904 | -€88,838 | €52,810 | +€141,648 | |
| Profit (loss) for the period to be appropriated | 9905 | -€88,838 | €52,810 | +€141,648 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.