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
- Receivables within one year -€209,561
down €209,561 (-72.1%), from €290,733 to €81,172
of which Trade receivables: -€120,570
- Receivables after one year +€110,000
new in 2025: €110,000
- Deferred charges and accrued income +€64,360
up €64,360 (+6,957%), from €925 to €65,285
- Cash +€34,308
up €34,308 (+79.0%), from €43,422 to €77,730
mainly Receivables within one year (+€209,561) and Other debts (+€69,033)
- Tangible fixed assets -€5,978
down €5,978 (-22.5%), from €26,548 to €20,570
of which Other tangible fixed assets: -€3,000
- Other debts +€69,033
up €69,033, from €0 to €69,033
- Reserves -€57,846
down €57,846 (-22.3%), from €258,931 to €201,085
- Tax, wage and social debts -€16,830
down €16,830 (-35.8%), from €47,003 to €30,174
- Gross operating margin -€141,771
down €141,771 (-76.9%), from €184,274 to €42,502
- Taxes -€39,707
down €39,707 (-71.7%), from €55,385 to €15,677
- Financial charges +€4,090
up €4,090 (+139%), from €2,940 to €7,030
- Financial income +€3,316
up €3,316 (+106%), from €3,127 to €6,443
- Other operating charges +€2,423
up €2,423 (+131%), from €1,850 to €4,273
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 | €361,628 | €354,756 | -€6,872 | -1.9% |
| Fixed assets | 21/28 | €26,548 | €20,570 | -€5,978 | -22.5% |
| Tangible fixed assets | 22/27 | €26,548 | €20,570 | -€5,978 | -22.5% |
| Plant, machinery and equipment | 23 | €772 | €0 | -€772 | -100% |
| Furniture and vehicles | 24 | €4,777 | €2,570 | -€2,207 | -46.2% |
| Other tangible fixed assets | 26 | €21,000 | €18,000 | -€3,000 | -14.3% |
| Current assets | 29/58 | €335,080 | €334,186 | -€894 | -0.3% |
| Amounts receivable after more than one year | 29 | - | €110,000 | +€110,000 | |
| Other amounts receivable | 291 | - | €110,000 | +€110,000 | |
| Amounts receivable within one year | 40/41 | €290,733 | €81,172 | -€209,561 | -72.1% |
| Trade receivables | 40 | €180,367 | €59,797 | -€120,570 | -66.8% |
| Other amounts receivable | 41 | €110,366 | €21,375 | -€88,991 | -80.6% |
| Cash at bank and in hand | 54/58 | €43,422 | €77,730 | +€34,308 | +79.0% |
| Deferred charges and accrued income | 490/1 | €925 | €65,285 | +€64,360 | +6,957% |
| Total equity and liabilities | 10/49 | €361,628 | €354,756 | -€6,872 | -1.9% |
| Equity | 10/15 | €312,489 | €254,643 | -€57,846 | -18.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €258,931 | €201,085 | -€57,846 | -22.3% |
| Distributable reserves | 133 | €258,931 | €201,085 | -€57,846 | -22.3% |
| Profit (loss) carried forward | 14 | €34,958 | €34,958 | = | 0.0% |
| Amounts payable | 17/49 | €49,139 | €100,113 | +€50,973 | +104% |
| Amounts payable within one year | 42/48 | €49,139 | €100,113 | +€50,973 | +104% |
| Trade debts | 44 | €2,136 | €906 | -€1,230 | -57.6% |
| Suppliers | 440/4 | €2,136 | €906 | -€1,230 | -57.6% |
| Taxes, remuneration and social security | 45 | €47,003 | €30,174 | -€16,830 | -35.8% |
| Taxes | 450/3 | €47,003 | €30,174 | -€16,830 | -35.8% |
| Other amounts payable | 47/48 | €0 | €69,033 | +€69,033 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,550 | €4,107 | -€443 | -9.7% |
| Other operating charges | 640/8 | €1,850 | €4,273 | +€2,423 | +131% |
| Non-recurring operating charges | 66A | - | €1,872 | +€1,872 | |
| Gross operating margin | 9900 | €184,274 | €42,502 | -€141,771 | -76.9% |
| Operating profit (loss) | 9901 | €177,874 | €32,251 | -€145,623 | -81.9% |
| Financial income | 75/76B | €3,127 | €6,443 | +€3,316 | +106% |
| Recurring financial income | 75 | €3,127 | €6,443 | +€3,316 | +106% |
| Financial charges | 65/66B | €2,940 | €7,030 | +€4,090 | +139% |
| Recurring financial charges | 65 | €2,940 | €7,030 | +€4,090 | +139% |
| Profit (loss) for the period before taxes | 9903 | €178,061 | €31,664 | -€146,397 | -82.2% |
| Income taxes | 67/77 | €55,385 | €15,677 | -€39,707 | -71.7% |
| Profit (loss) for the period | 9904 | €122,676 | €15,987 | -€106,690 | -87.0% |
| Profit (loss) for the period to be appropriated | 9905 | €122,676 | €15,987 | -€106,690 | -87.0% |
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 29 October 2026 via checked.be.