J² MANAGEMENT: what changed
Two fiscal 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.
J² MANAGEMENT
Largest movements
- Current investments -€120,000
down €120,000 (-100.0%), from €120,000 to €0
- Cash -€29,989
down €29,989 (-94.0%), from €31,909 to €1,920
mainly Other debts (-€147,910) and Contributions, distributions and other (-€73,964)
- Tangible fixed assets -€3,578
down €3,578 (-26.5%), from €13,484 to €9,907
- Other debts -€147,910
down €147,910 (-99.0%), from €149,475 to €1,565
- Profit (loss) carried forward -€11,644
down €11,644 (-83.4%), from €13,964 to €2,319
- Trade debts +€6,297
up €6,297 (+1362.9%), from €462 to €6,759
- Financial income +€2,883
up €2,883 (+806.3%), from €358 to €3,240
- Financial charges -€2,039
down €2,039 (-92.8%), from €2,197 to €157
- Gross operating margin +€1,541
up €1,541 (+1.9%), from €79,470 to €81,012
- Taxes +€1,480
up €1,480 (+9.6%), from €15,447 to €16,927
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.
Cash bridge derived
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 | €180,276 | €27,305 | -€152,971 | -84.9% |
| Fixed assets | 21/28 | €13,484 | €9,907 | -€3,578 | -26.5% |
| Tangible fixed assets | 22/27 | €13,484 | €9,907 | -€3,578 | -26.5% |
| Furniture and vehicles | 24 | €13,484 | €9,907 | -€3,578 | -26.5% |
| Current assets | 29/58 | €166,792 | €17,399 | -€149,394 | -89.6% |
| Amounts receivable within one year | 40/41 | €14,883 | €15,478 | +€595 | +4.0% |
| Trade receivables | 40 | €14,883 | €15,478 | +€595 | +4.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €120,000 | €0 | -€120,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €31,909 | €1,920 | -€29,989 | -94.0% |
| Total equity and liabilities | 10/49 | €180,276 | €27,305 | -€152,971 | -84.9% |
| Equity | 10/15 | €18,964 | €7,319 | -€11,644 | -61.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,964 | €2,319 | -€11,644 | -83.4% |
| Amounts payable | 17/49 | €161,313 | €19,986 | -€141,327 | -87.6% |
| Amounts payable within one year | 42/48 | €161,313 | €19,986 | -€141,327 | -87.6% |
| Trade debts | 44 | €462 | €6,759 | +€6,297 | +1362.9% |
| Suppliers | 440/4 | €462 | €6,759 | +€6,297 | +1362.9% |
| Taxes, remuneration and social security | 45 | €11,376 | €11,663 | +€286 | +2.5% |
| Taxes | 450/3 | €11,376 | €11,663 | +€286 | +2.5% |
| Other amounts payable | 47/48 | €149,475 | €1,565 | -€147,910 | -99.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,578 | €3,578 | +€0 | 0.0% |
| Other operating charges | 640/8 | €1,104 | €1,271 | +€166 | +15.0% |
| Gross operating margin | 9900 | €79,470 | €81,012 | +€1,541 | +1.9% |
| Operating profit (loss) | 9901 | €74,789 | €76,163 | +€1,375 | +1.8% |
| Financial income | 75/76B | €358 | €3,240 | +€2,883 | +806.3% |
| Recurring financial income | 75 | €358 | €3,240 | +€2,883 | +806.3% |
| Financial charges | 65/66B | €2,197 | €157 | -€2,039 | -92.8% |
| Recurring financial charges | 65 | €2,197 | €157 | -€2,039 | -92.8% |
| Profit (loss) for the period before taxes | 9903 | €72,949 | €79,246 | +€6,297 | +8.6% |
| Income taxes | 67/77 | €15,447 | €16,927 | +€1,480 | +9.6% |
| Profit (loss) for the period | 9904 | €57,503 | €62,319 | +€4,816 | +8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €57,503 | €62,319 | +€4,816 | +8.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.