J&P PARTNERS: 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 PARTNERS
Largest movements
- Tangible fixed assets -€11,409
down €11,409 (-38.4%), from €29,731 to €18,322
of which Land and buildings: -€6,856
- Receivables within one year +€4,786
new in 2025: €4,786
- Cash +€3,361
up €3,361 (+109%), from €3,076 to €6,437
mainly Depreciation (+€11,409) and Trade debts (+€3,838)
- Stocks and contracts -€1,849
down €1,849 (-6.2%), from €29,945 to €28,096
- Deferred charges and accrued income +€1,061
up €1,061 (+177%), from €600 to €1,661
- Profit (loss) carried forward -€6,924
down €6,924 (-14.5%), from -€47,740 to -€54,664
- Trade debts +€3,838
up €3,838 (+369%), from €1,040 to €4,878
- Other debts -€1,136
down €1,136 (-2.9%), from €39,355 to €38,219
- Gross operating margin +€2,499
up €2,499 (+88.9%), from €2,810 to €5,309
- Depreciation -€223
down €223 (-1.9%), from €11,633 to €11,409
- Other operating charges -€145
down €145 (-16.2%), from €892 to €748
- Financial charges -€77
down €77 (-50.1%), from €154 to €77
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 | €63,602 | €59,551 | -€4,051 | -6.4% |
| Fixed assets | 21/28 | €29,981 | €18,572 | -€11,409 | -38.1% |
| Tangible fixed assets | 22/27 | €29,731 | €18,322 | -€11,409 | -38.4% |
| Land and buildings | 22 | €12,948 | €6,092 | -€6,856 | -53.0% |
| Plant, machinery and equipment | 23 | €9,606 | €8,204 | -€1,402 | -14.6% |
| Other tangible fixed assets | 26 | €7,177 | €4,026 | -€3,151 | -43.9% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €33,621 | €40,979 | +€7,358 | +21.9% |
| Stocks and contracts in progress | 3 | €29,945 | €28,096 | -€1,849 | -6.2% |
| Stocks | 30/36 | €29,945 | €28,096 | -€1,849 | -6.2% |
| Amounts receivable within one year | 40/41 | - | €4,786 | +€4,786 | |
| Trade receivables | 40 | - | €4,786 | +€4,786 | |
| Cash at bank and in hand | 54/58 | €3,076 | €6,437 | +€3,361 | +109% |
| Deferred charges and accrued income | 490/1 | €600 | €1,661 | +€1,061 | +177% |
| Total equity and liabilities | 10/49 | €63,602 | €59,551 | -€4,051 | -6.4% |
| Equity | 10/15 | -€27,280 | -€34,204 | -€6,924 | -25.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,740 | -€54,664 | -€6,924 | -14.5% |
| Amounts payable | 17/49 | €90,882 | €93,756 | +€2,873 | +3.2% |
| Amounts payable after more than one year | 17 | €50,100 | €50,100 | = | 0.0% |
| Financial debts | 170/4 | €50,100 | €50,100 | = | 0.0% |
| Amounts payable within one year | 42/48 | €40,782 | €43,656 | +€2,873 | +7.0% |
| Trade debts | 44 | €1,040 | €4,878 | +€3,838 | +369% |
| Suppliers | 440/4 | €1,040 | €4,878 | +€3,838 | +369% |
| Taxes, remuneration and social security | 45 | €387 | €559 | +€172 | +44.4% |
| Taxes | 450/3 | €387 | €559 | +€172 | +44.4% |
| Other amounts payable | 47/48 | €39,355 | €38,219 | -€1,136 | -2.9% |
| Non-recurring operating income | 76A | €1,570 | - | -€1,570 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,633 | €11,409 | -€223 | -1.9% |
| Other operating charges | 640/8 | €892 | €748 | -€145 | -16.2% |
| Gross operating margin | 9900 | €2,810 | €5,309 | +€2,499 | +88.9% |
| Operating profit (loss) | 9901 | -€9,715 | -€6,848 | +€2,867 | +29.5% |
| Financial charges | 65/66B | €154 | €77 | -€77 | -50.1% |
| Recurring financial charges | 65 | €154 | €77 | -€77 | -50.1% |
| Profit (loss) for the period before taxes | 9903 | -€9,868 | -€6,924 | +€2,944 | +29.8% |
| Income taxes | 67/77 | €43 | - | -€43 | |
| Profit (loss) for the period | 9904 | -€9,912 | -€6,924 | +€2,987 | +30.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,912 | -€6,924 | +€2,987 | +30.1% |
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 25 October 2026 via checked.be.