J&Q: 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&Q
Largest movements
- Receivables within one year -€11,593
down €11,593 (-14.5%), from €80,183 to €68,589
of which Other amounts receivable: -€10,895
- Stocks and contracts +€5,342
new in 2025: €5,342
- Cash -€3,320
down €3,320 (-98.5%), from €3,372 to €52
mainly Net result for the year (-€8,158) and Stocks and contracts (-€5,342)
- Profit (loss) carried forward -€8,158
down €8,158 (-96.7%), from €8,433 to €275
- Trade debts -€1,413
down €1,413 (-2.4%), from €58,380 to €56,967
- Gross operating margin -€19,582
down €19,582, from €10,399 to -€9,184
- Taxes -€2,103
down €2,103 (-99.7%), from €2,108 to €5
- Financial income +€416
up €416 (+57.3%), from €725 to €1,141
- Other operating charges -€280
no longer reported in 2025 (was €280)
- Financial charges -€192
down €192 (-63.6%), from €302 to €110
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.
Cash bridge derived
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 | €83,555 | €73,984 | -€9,571 | -11.5% |
| Current assets | 29/58 | €83,555 | €73,984 | -€9,571 | -11.5% |
| Stocks and contracts in progress | 3 | - | €5,342 | +€5,342 | |
| Stocks | 30/36 | - | €5,342 | +€5,342 | |
| Amounts receivable within one year | 40/41 | €80,183 | €68,589 | -€11,593 | -14.5% |
| Trade receivables | 40 | €36,335 | €35,637 | -€698 | -1.9% |
| Other amounts receivable | 41 | €43,847 | €32,952 | -€10,895 | -24.8% |
| Cash at bank and in hand | 54/58 | €3,372 | €52 | -€3,320 | -98.5% |
| Total equity and liabilities | 10/49 | €83,555 | €73,984 | -€9,571 | -11.5% |
| Equity | 10/15 | €11,433 | €3,275 | -€8,158 | -71.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,433 | €275 | -€8,158 | -96.7% |
| Amounts payable | 17/49 | €72,122 | €70,709 | -€1,413 | -2.0% |
| Amounts payable within one year | 42/48 | €72,122 | €70,709 | -€1,413 | -2.0% |
| Trade debts | 44 | €58,380 | €56,967 | -€1,413 | -2.4% |
| Suppliers | 440/4 | €58,380 | €56,967 | -€1,413 | -2.4% |
| Taxes, remuneration and social security | 45 | €2,108 | €2,108 | = | 0.0% |
| Taxes | 450/3 | €2,108 | €2,108 | = | 0.0% |
| Other amounts payable | 47/48 | €11,634 | €11,634 | = | 0.0% |
| Other operating charges | 640/8 | €280 | - | -€280 | |
| Gross operating margin | 9900 | €10,399 | -€9,184 | -€19,582 | |
| Operating profit (loss) | 9901 | €10,118 | -€9,184 | -€19,302 | |
| Financial income | 75/76B | €725 | €1,141 | +€416 | +57.3% |
| Recurring financial income | 75 | €725 | €1,141 | +€416 | +57.3% |
| Financial charges | 65/66B | €302 | €110 | -€192 | -63.6% |
| Recurring financial charges | 65 | €302 | €110 | -€192 | -63.6% |
| Profit (loss) for the period before taxes | 9903 | €10,541 | -€8,153 | -€18,694 | |
| Income taxes | 67/77 | €2,108 | €5 | -€2,103 | -99.7% |
| Profit (loss) for the period | 9904 | €8,433 | -€8,158 | -€16,591 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,433 | -€8,158 | -€16,591 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.