J&J SHINE: 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 SHINE
Largest movements
- Tangible fixed assets +€21,110
new in 2025: €21,110
of which Furniture and vehicles: +€20,018
- Stocks and contracts -€13,635
down €13,635 (-42.3%), from €32,212 to €18,577
- Receivables within one year +€4,179
new in 2025: €4,179
- Cash -€1,196
down €1,196 (-36.5%), from €3,280 to €2,084
mainly Investment in fixed assets (net) (-€21,699) and Receivables within one year (-€4,179)
- Other debts +€7,496
up €7,496 (+28.4%), from €26,428 to €33,925
- Profit (loss) carried forward +€3,805
up €3,805 (+190%), from €1,999 to €5,804
- Trade debts -€1,888
down €1,888 (-71.0%), from €2,659 to €771
- Tax, wage and social debts +€841
up €841 (+140%), from €601 to €1,442
- Gross operating margin +€3,379
up €3,379 (+78.1%), from €4,327 to €7,706
- Taxes +€1,060
up €1,060 (+278%), from €382 to €1,442
- Other operating charges -€1,009
down €1,009 (-39.1%), from €2,579 to €1,570
- Depreciation +€589
new in 2025: €589
- Financial charges -€161
down €161 (-34.9%), from €461 to €301
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 | €36,687 | €46,941 | +€10,254 | +27.9% |
| Fixed assets | 21/28 | - | €21,110 | +€21,110 | |
| Tangible fixed assets | 22/27 | - | €21,110 | +€21,110 | |
| Plant, machinery and equipment | 23 | - | €1,092 | +€1,092 | |
| Furniture and vehicles | 24 | - | €20,018 | +€20,018 | |
| Current assets | 29/58 | €36,687 | €25,831 | -€10,856 | -29.6% |
| Stocks and contracts in progress | 3 | €32,212 | €18,577 | -€13,635 | -42.3% |
| Stocks | 30/36 | €32,212 | €18,577 | -€13,635 | -42.3% |
| Amounts receivable within one year | 40/41 | - | €4,179 | +€4,179 | |
| Other amounts receivable | 41 | - | €4,179 | +€4,179 | |
| Cash at bank and in hand | 54/58 | €3,280 | €2,084 | -€1,196 | -36.5% |
| Deferred charges and accrued income | 490/1 | €1,195 | €992 | -€203 | -17.0% |
| Total equity and liabilities | 10/49 | €36,687 | €46,941 | +€10,254 | +27.9% |
| Equity | 10/15 | €6,999 | €10,804 | +€3,805 | +54.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,999 | €5,804 | +€3,805 | +190% |
| Amounts payable | 17/49 | €29,688 | €36,137 | +€6,449 | +21.7% |
| Amounts payable within one year | 42/48 | €29,688 | €36,137 | +€6,449 | +21.7% |
| Trade debts | 44 | €2,659 | €771 | -€1,888 | -71.0% |
| Suppliers | 440/4 | €2,659 | €771 | -€1,888 | -71.0% |
| Taxes, remuneration and social security | 45 | €601 | €1,442 | +€841 | +140% |
| Taxes | 450/3 | €601 | €1,442 | +€841 | +140% |
| Other amounts payable | 47/48 | €26,428 | €33,925 | +€7,496 | +28.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €589 | +€589 | |
| Other operating charges | 640/8 | €2,579 | €1,570 | -€1,009 | -39.1% |
| Gross operating margin | 9900 | €4,327 | €7,706 | +€3,379 | +78.1% |
| Operating profit (loss) | 9901 | €1,749 | €5,547 | +€3,799 | +217% |
| Financial charges | 65/66B | €461 | €301 | -€161 | -34.9% |
| Recurring financial charges | 65 | €461 | €301 | -€161 | -34.9% |
| Profit (loss) for the period before taxes | 9903 | €1,287 | €5,247 | +€3,960 | +308% |
| Income taxes | 67/77 | €382 | €1,442 | +€1,060 | +278% |
| Profit (loss) for the period | 9904 | €906 | €3,805 | +€2,900 | +320% |
| Profit (loss) for the period to be appropriated | 9905 | €906 | €3,805 | +€2,900 | +320% |
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 23 October 2026 via checked.be.