J.P. & P.: 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.P. & P.
Largest movements
- Receivables within one year +€305
up €305 (+1,016%), from €30 to €335
of which Trade receivables: +€269
- Cash -€251
down €251 (-7.0%), from €3,585 to €3,334
mainly Receivables within one year (-€305) and Net result for the year (-€293)
- Deferred charges and accrued income -€135
no longer reported in 2025 (was €135)
- Profit (loss) carried forward -€293
down €293 (-43.1%), from -€680 to -€973
- Other debts +€225
up €225 (+26.5%), from €849 to €1,074
- Depreciation -€321
no longer reported in 2025 (was €321)
- Other operating charges -€51
down €51 (-11.4%), from €451 to €400
- Gross operating margin +€28
up €28 (+12.2%), from €227 to €254
- Financial charges +€13
up €13 (+9.4%), from €135 to €147
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 | €3,750 | €3,669 | -€81 | -2.2% |
| Current assets | 29/58 | €3,750 | €3,669 | -€81 | -2.2% |
| Amounts receivable within one year | 40/41 | €30 | €335 | +€305 | +1,016% |
| Trade receivables | 40 | - | €269 | +€269 | |
| Other amounts receivable | 41 | €30 | €66 | +€36 | +120% |
| Cash at bank and in hand | 54/58 | €3,585 | €3,334 | -€251 | -7.0% |
| Deferred charges and accrued income | 490/1 | €135 | - | -€135 | |
| Total equity and liabilities | 10/49 | €3,750 | €3,669 | -€81 | -2.2% |
| Equity | 10/15 | €2,704 | €2,411 | -€293 | -10.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | - | -€1,000 | |
| Issued capital | 100 | €1,000 | - | -€1,000 | |
| Reserves | 13 | €2,384 | €2,384 | = | 0.0% |
| Distributable reserves | 133 | €2,384 | €2,384 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€680 | -€973 | -€293 | -43.1% |
| Amounts payable | 17/49 | €1,046 | €1,258 | +€212 | +20.2% |
| Amounts payable within one year | 42/48 | €1,046 | €1,258 | +€212 | +20.2% |
| Trade debts | 44 | €135 | €121 | -€14 | -10.6% |
| Suppliers | 440/4 | €135 | €121 | -€14 | -10.6% |
| Taxes, remuneration and social security | 45 | €62 | €63 | +€1 | +1.4% |
| Taxes | 450/3 | €62 | €63 | +€1 | +1.4% |
| Other amounts payable | 47/48 | €849 | €1,074 | +€225 | +26.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €321 | - | -€321 | |
| Other operating charges | 640/8 | €451 | €400 | -€51 | -11.4% |
| Gross operating margin | 9900 | €227 | €254 | +€28 | +12.2% |
| Operating profit (loss) | 9901 | -€545 | -€146 | +€400 | +73.3% |
| Financial charges | 65/66B | €135 | €147 | +€13 | +9.4% |
| Recurring financial charges | 65 | €135 | €147 | +€13 | +9.4% |
| Profit (loss) for the period before taxes | 9903 | -€680 | -€293 | +€387 | +56.9% |
| Profit (loss) for the period | 9904 | -€680 | -€293 | +€387 | +56.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€680 | -€293 | +€387 | +56.9% |
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 15 October 2026 via checked.be.