J & O - PARK: 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 & O - PARK
Largest movements
- Current investments -€295,638
down €295,638 (-45.7%), from €646,638 to €351,000
- Cash -€18,537
down €18,537 (-22.8%), from €81,307 to €62,770
mainly Contributions, distributions and other (-€272,730) and Investment in fixed assets (net) (-€21,299)
- Tangible fixed assets +€15,061
up €15,061 (+10.5%), from €144,111 to €159,172
of which Land and buildings: +€15,601
- Receivables within one year +€11,245
up €11,245 (+78.3%), from €14,369 to €25,614
of which Other amounts receivable: +€10,245
- Reserves -€272,730
down €272,730 (-52.5%), from €519,633 to €246,903
of which Distributable reserves: -€272,730
- Profit (loss) carried forward -€18,781
down €18,781 (-51.0%), from -€36,822 to -€55,603
- Gross operating margin +€23,975
up €23,975 (+751%), from €3,192 to €27,167
- Financial income -€13,748
down €13,748 (-54.5%), from €25,232 to €11,484
- Financial charges -€6,670
down €6,670, from €3,962 to -€2,708
- Staff costs +€2,123
up €2,123 (+4.8%), from €44,545 to €46,668
- Other operating charges -€1,231
down €1,231 (-14.5%), from €8,464 to €7,233
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 | €886,840 | €598,990 | -€287,849 | -32.5% |
| Fixed assets | 21/28 | €144,111 | €159,172 | +€15,061 | +10.5% |
| Tangible fixed assets | 22/27 | €144,111 | €159,172 | +€15,061 | +10.5% |
| Land and buildings | 22 | €141,498 | €157,099 | +€15,601 | +11.0% |
| Plant, machinery and equipment | 23 | €2,612 | €2,073 | -€540 | -20.7% |
| Current assets | 29/58 | €742,729 | €439,818 | -€302,911 | -40.8% |
| Amounts receivable within one year | 40/41 | €14,369 | €25,614 | +€11,245 | +78.3% |
| Trade receivables | 40 | - | €1,000 | +€1,000 | |
| Other amounts receivable | 41 | €14,369 | €24,614 | +€10,245 | +71.3% |
| Current investments | 50/53 | €646,638 | €351,000 | -€295,638 | -45.7% |
| Cash at bank and in hand | 54/58 | €81,307 | €62,770 | -€18,537 | -22.8% |
| Deferred charges and accrued income | 490/1 | €416 | €434 | +€18 | +4.4% |
| Total equity and liabilities | 10/49 | €886,840 | €598,990 | -€287,849 | -32.5% |
| Equity | 10/15 | €854,651 | €563,141 | -€291,511 | -34.1% |
| Contributions | 10/11 | €371,840 | €371,840 | = | 0.0% |
| Capital | 10 | €371,840 | €371,840 | = | 0.0% |
| Issued capital | 100 | €371,840 | €371,840 | = | 0.0% |
| Reserves | 13 | €519,633 | €246,903 | -€272,730 | -52.5% |
| Non-distributable reserves | 130/1 | €37,184 | €37,184 | = | 0.0% |
| Legal reserve | 130 | €37,184 | €37,184 | = | 0.0% |
| Distributable reserves | 133 | €482,449 | €209,719 | -€272,730 | -56.5% |
| Profit (loss) carried forward | 14 | -€36,822 | -€55,603 | -€18,781 | -51.0% |
| Amounts payable | 17/49 | €32,188 | €35,849 | +€3,661 | +11.4% |
| Amounts payable within one year | 42/48 | €32,188 | €33,709 | +€1,521 | +4.7% |
| Trade debts | 44 | €7,963 | €3,657 | -€4,306 | -54.1% |
| Suppliers | 440/4 | €7,963 | €3,657 | -€4,306 | -54.1% |
| Taxes, remuneration and social security | 45 | €21,843 | €28,265 | +€6,423 | +29.4% |
| Remuneration and social security | 454/9 | €21,843 | €28,265 | +€6,423 | +29.4% |
| Other amounts payable | 47/48 | €2,383 | €1,786 | -€596 | -25.0% |
| Accrued charges and deferred income | 492/3 | - | €2,141 | +€2,141 | |
| Remuneration, social security and pensions | 62 | €44,545 | €46,668 | +€2,123 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,655 | €6,238 | +€583 | +10.3% |
| Other operating charges | 640/8 | €8,464 | €7,233 | -€1,231 | -14.5% |
| Gross operating margin | 9900 | €3,192 | €27,167 | +€23,975 | +751% |
| Operating profit (loss) | 9901 | -€55,471 | -€32,972 | +€22,499 | +40.6% |
| Financial income | 75/76B | €25,232 | €11,484 | -€13,748 | -54.5% |
| Recurring financial income | 75 | €25,232 | €11,484 | -€13,748 | -54.5% |
| Financial charges | 65/66B | €3,962 | -€2,708 | -€6,670 | |
| Recurring financial charges | 65 | €3,962 | -€2,708 | -€6,670 | |
| Profit (loss) for the period before taxes | 9903 | -€34,202 | -€18,781 | +€15,421 | +45.1% |
| Profit (loss) for the period | 9904 | -€34,202 | -€18,781 | +€15,421 | +45.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,202 | -€18,781 | +€15,421 | +45.1% |
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 17 October 2026 via checked.be.