J.KHAN: 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.KHAN
Largest movements
- Receivables within one year +€193,659
up €193,659 (+159%), from €122,004 to €315,663
of which Trade receivables: +€193,577
- Cash +€60,530
new in 2024: €60,530
mainly Trade debts (+€212,913) and Advances received (+€86,000)
- Stocks and contracts -€19,199
down €19,199 (-32.7%), from €58,750 to €39,551
- Trade debts +€212,913
up €212,913 (+1,731%), from €12,303 to €225,216
- Advances received +€86,000
new in 2024: €86,000
- Other debts -€57,881
down €57,881 (-42.3%), from €136,848 to €78,967
- Tax, wage and social debts -€5,577
down €5,577 (-23.7%), from €23,528 to €17,951
- Purchases and services +€581,267
new in 2024: €581,267
- Turnover +€517,365
new in 2024: €517,365
- Gross operating margin -€65,770
down €65,770, from €1,868 to -€63,902
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 | €194,853 | €429,844 | +€234,991 | +121% |
| Fixed assets | 21/28 | €14,100 | €14,100 | = | 0.0% |
| Financial fixed assets | 28 | €14,100 | €14,100 | = | 0.0% |
| Current assets | 29/58 | €180,753 | €415,744 | +€234,991 | +130% |
| Stocks and contracts in progress | 3 | €58,750 | €39,551 | -€19,199 | -32.7% |
| Stocks | 30/36 | €58,750 | €39,551 | -€19,199 | -32.7% |
| Amounts receivable within one year | 40/41 | €122,004 | €315,663 | +€193,659 | +159% |
| Trade receivables | 40 | €122,004 | €315,581 | +€193,577 | +159% |
| Other amounts receivable | 41 | - | €82 | +€82 | |
| Cash at bank and in hand | 54/58 | - | €60,530 | +€60,530 | |
| Total equity and liabilities | 10/49 | €194,853 | €429,844 | +€234,991 | +121% |
| Equity | 10/15 | €9,908 | €9,443 | -€465 | -4.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,692 | -€9,157 | -€465 | -5.3% |
| Amounts payable | 17/49 | €184,946 | €420,401 | +€235,455 | +127% |
| Amounts payable within one year | 42/48 | €175,288 | €410,743 | +€235,455 | +134% |
| Current portion of amounts payable after more than one year | 42 | - | €2,609 | +€2,609 | |
| Financial debts | 43 | €2,609 | - | -€2,609 | |
| Credit institutions | 430/8 | €2,609 | - | -€2,609 | |
| Trade debts | 44 | €12,303 | €225,216 | +€212,913 | +1,731% |
| Suppliers | 440/4 | €12,303 | €225,216 | +€212,913 | +1,731% |
| Advances received on contracts in progress | 46 | - | €86,000 | +€86,000 | |
| Taxes, remuneration and social security | 45 | €23,528 | €17,951 | -€5,577 | -23.7% |
| Taxes | 450/3 | €23,528 | €17,951 | -€5,577 | -23.7% |
| Other amounts payable | 47/48 | €136,848 | €78,967 | -€57,881 | -42.3% |
| Accrued charges and deferred income | 492/3 | €9,658 | €9,658 | +€0 | 0.0% |
| Turnover | 70 | - | €517,365 | +€517,365 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €581,267 | +€581,267 | |
| Other operating charges | 640/8 | €646 | €1,922 | +€1,276 | +197% |
| Gross operating margin | 9900 | €1,868 | -€63,902 | -€65,770 | |
| Operating profit (loss) | 9901 | €1,221 | -€65,824 | -€67,045 | |
| Financial charges | 65/66B | €424 | €141 | -€283 | -66.8% |
| Recurring financial charges | 65 | €424 | €141 | -€283 | -66.8% |
| Profit (loss) for the period before taxes | 9903 | €797 | -€65,965 | -€66,762 | |
| Profit (loss) for the period | 9904 | €797 | -€65,965 | -€66,762 | |
| Profit (loss) for the period to be appropriated | 9905 | €797 | -€65,965 | -€66,762 |
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.