J.P.: 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.
J.P.
Largest movements
- Receivables within one year -€7,233
down €7,233 (-31.9%), from €22,702 to €15,469
of which Other amounts receivable: -€7,750
- Cash -€6,780
down €6,780 (-13.6%), from €49,880 to €43,100
mainly Net result for the year (-€9,026) and Tax, wage and social debts (-€6,577)
- Tangible fixed assets -€4,128
down €4,128 (-21.9%), from €18,854 to €14,726
- Profit (loss) carried forward -€9,026
down €9,026 (-55.9%), from -€16,149 to -€25,174
- Tax, wage and social debts -€6,577
down €6,577 (-48.2%), from €13,652 to €7,075
- Trade debts -€1,920
no longer reported in 2024 (was €1,920)
- Gross operating margin -€19,490
down €19,490 (-67.4%), from €28,933 to €9,443
- Taxes +€3,478
up €3,478 (+64.3%), from €5,411 to €8,889
- Other operating charges +€1,772
up €1,772 (+64.0%), from €2,768 to €4,540
- Depreciation -€1,066
down €1,066 (-20.5%), from €5,194 to €4,128
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.
Cash bridge derived
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 | €92,232 | €74,709 | -€17,523 | -19.0% |
| Fixed assets | 21/28 | €19,650 | €15,522 | -€4,128 | -21.0% |
| Tangible fixed assets | 22/27 | €18,854 | €14,726 | -€4,128 | -21.9% |
| Land and buildings | 22 | €18,854 | €14,726 | -€4,128 | -21.9% |
| Financial fixed assets | 28 | €796 | €796 | = | 0.0% |
| Current assets | 29/58 | €72,582 | €59,187 | -€13,395 | -18.5% |
| Amounts receivable within one year | 40/41 | €22,702 | €15,469 | -€7,233 | -31.9% |
| Trade receivables | 40 | - | €517 | +€517 | |
| Other amounts receivable | 41 | €22,702 | €14,952 | -€7,750 | -34.1% |
| Cash at bank and in hand | 54/58 | €49,880 | €43,100 | -€6,780 | -13.6% |
| Deferred charges and accrued income | 490/1 | - | €618 | +€618 | |
| Total equity and liabilities | 10/49 | €92,232 | €74,709 | -€17,523 | -19.0% |
| Equity | 10/15 | €54,741 | €45,716 | -€9,026 | -16.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €8,890 | €8,890 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Distributable reserves | 133 | €5,791 | €5,791 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,149 | -€25,174 | -€9,026 | -55.9% |
| Amounts payable | 17/49 | €37,490 | €28,993 | -€8,497 | -22.7% |
| Amounts payable after more than one year | 17 | €9,450 | €9,450 | = | 0.0% |
| Other amounts payable | 178/9 | €9,450 | €9,450 | = | 0.0% |
| Amounts payable within one year | 42/48 | €15,572 | €7,075 | -€8,497 | -54.6% |
| Trade debts | 44 | €1,920 | - | -€1,920 | |
| Suppliers | 440/4 | €1,920 | - | -€1,920 | |
| Taxes, remuneration and social security | 45 | €13,652 | €7,075 | -€6,577 | -48.2% |
| Taxes | 450/3 | €13,652 | €7,075 | -€6,577 | -48.2% |
| Accrued charges and deferred income | 492/3 | €12,469 | €12,469 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,194 | €4,128 | -€1,066 | -20.5% |
| Other operating charges | 640/8 | €2,768 | €4,540 | +€1,772 | +64.0% |
| Gross operating margin | 9900 | €28,933 | €9,443 | -€19,490 | -67.4% |
| Operating profit (loss) | 9901 | €20,971 | €775 | -€20,196 | -96.3% |
| Financial income | 75/76B | - | €17 | +€17 | |
| Recurring financial income | 75 | - | €17 | +€17 | |
| Financial charges | 65/66B | €649 | €928 | +€279 | +42.9% |
| Recurring financial charges | 65 | €649 | €928 | +€279 | +42.9% |
| Profit (loss) for the period before taxes | 9903 | €20,322 | -€136 | -€20,458 | |
| Income taxes | 67/77 | €5,411 | €8,889 | +€3,478 | +64.3% |
| Profit (loss) for the period | 9904 | €14,910 | -€9,026 | -€23,936 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,910 | -€9,026 | -€23,936 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.