J-PLUS: 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-PLUS
Largest movements
- Tangible fixed assets -€12,709
down €12,709 (-2.8%), from €455,630 to €442,921
of which Land and buildings: -€13,563
- Cash +€6,706
up €6,706 (+826.9%), from €811 to €7,517
mainly Net result for the year (+€33,014) and Depreciation (+€19,990)
- Debts after one year -€49,669
down €49,669 (-24.8%), from €199,948 to €150,279
- Reserves +€30,000
up €30,000 (+18.8%), from €159,668 to €189,668
- Provisions +€13,200
new in 2024: €13,200
- Short-term financial debts -€13,000
down €13,000 (-65.0%), from €20,000 to €7,000
- Tax, wage and social debts +€8,508
up €8,508 (+119.1%), from €7,142 to €15,649
- Gross operating margin +€40,173
up €40,173 (+45.5%), from €88,331 to €128,504
- Write-downs +€24,750
new in 2024: €24,750
- Provisions +€13,200
new in 2024: €13,200
- Other operating charges +€8,941
up €8,941 (+2453.4%), from €364 to €9,306
- Financial charges -€5,289
down €5,289 (-30.4%), from €17,418 to €12,129
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 | €472,976 | €469,049 | -€3,927 | -0.8% |
| Fixed assets | 21/28 | €455,630 | €442,921 | -€12,709 | -2.8% |
| Tangible fixed assets | 22/27 | €455,630 | €442,921 | -€12,709 | -2.8% |
| Land and buildings | 22 | €448,634 | €435,071 | -€13,563 | -3.0% |
| Plant, machinery and equipment | 23 | €734 | €2,765 | +€2,030 | +276.4% |
| Furniture and vehicles | 24 | €6,262 | €5,086 | -€1,177 | -18.8% |
| Current assets | 29/58 | €17,346 | €26,128 | +€8,782 | +50.6% |
| Amounts receivable within one year | 40/41 | €15,221 | €16,708 | +€1,487 | +9.8% |
| Trade receivables | 40 | - | €16,708 | +€16,708 | |
| Other amounts receivable | 41 | €15,221 | - | -€15,221 | |
| Cash at bank and in hand | 54/58 | €811 | €7,517 | +€6,706 | +826.9% |
| Deferred charges and accrued income | 490/1 | €1,314 | €1,903 | +€590 | +44.9% |
| Total equity and liabilities | 10/49 | €472,976 | €469,049 | -€3,927 | -0.8% |
| Equity | 10/15 | €192,400 | €225,414 | +€33,014 | +17.2% |
| Contributions | 10/11 | €14,255 | €14,255 | = | 0.0% |
| Reserves | 13 | €159,668 | €189,668 | +€30,000 | +18.8% |
| Distributable reserves | 133 | €159,668 | €189,668 | +€30,000 | +18.8% |
| Profit (loss) carried forward | 14 | €18,477 | €21,491 | +€3,014 | +16.3% |
| Provisions and deferred taxes | 16 | - | €13,200 | +€13,200 | |
| Provisions for liabilities and charges | 160/5 | - | €13,200 | +€13,200 | |
| Other liabilities and charges | 164/5 | - | €13,200 | +€13,200 | |
| Amounts payable | 17/49 | €280,576 | €230,435 | -€50,142 | -17.9% |
| Amounts payable after more than one year | 17 | €199,948 | €150,279 | -€49,669 | -24.8% |
| Financial debts | 170/4 | €199,948 | €150,279 | -€49,669 | -24.8% |
| Amounts payable within one year | 42/48 | €80,629 | €80,156 | -€473 | -0.6% |
| Current portion of amounts payable after more than one year | 42 | €47,251 | €49,669 | +€2,418 | +5.1% |
| Financial debts | 43 | €20,000 | €7,000 | -€13,000 | -65.0% |
| Credit institutions | 430/8 | €20,000 | €7,000 | -€13,000 | -65.0% |
| Trade debts | 44 | €6,236 | €4,237 | -€2,000 | -32.1% |
| Suppliers | 440/4 | €6,236 | €4,237 | -€2,000 | -32.1% |
| Taxes, remuneration and social security | 45 | €7,142 | €15,649 | +€8,508 | +119.1% |
| Taxes | 450/3 | €7,142 | €15,649 | +€8,508 | +119.1% |
| Other amounts payable | 47/48 | - | €3,601 | +€3,601 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,134 | €19,990 | +€855 | +4.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €24,750 | +€24,750 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €13,200 | +€13,200 | |
| Other operating charges | 640/8 | €364 | €9,306 | +€8,941 | +2453.4% |
| Gross operating margin | 9900 | €88,331 | €128,504 | +€40,173 | +45.5% |
| Operating profit (loss) | 9901 | €68,832 | €61,258 | -€7,574 | -11.0% |
| Financial income | 75/76B | €1,494 | - | -€1,494 | |
| Recurring financial income | 75 | €1,494 | - | -€1,494 | |
| Financial charges | 65/66B | €17,418 | €12,129 | -€5,289 | -30.4% |
| Recurring financial charges | 65 | €17,418 | €12,129 | -€5,289 | -30.4% |
| Profit (loss) for the period before taxes | 9903 | €52,907 | €49,129 | -€3,778 | -7.1% |
| Income taxes | 67/77 | €18,550 | €16,115 | -€2,435 | -13.1% |
| Profit (loss) for the period | 9904 | €34,357 | €33,014 | -€1,343 | -3.9% |
| Profit (loss) for the period to be appropriated | 9905 | €34,357 | €33,014 | -€1,343 | -3.9% |
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 28 September 2026 via checked.be.