J & R CONCEPTS: 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 & R CONCEPTS
Largest movements
- Cash -€28,701
down €28,701 (-96.1%), from €29,855 to €1,153
mainly Current portion of long-term debt (-€13,333) and Debts after one year (-€11,111)
- Receivables within one year +€3,975
up €3,975 (+56.7%), from €7,017 to €10,993
of which Trade receivables: +€5,456
- Tangible fixed assets -€3,432
down €3,432 (-31.8%), from €10,777 to €7,346
of which Plant, machinery and equipment: -€2,442
- Current portion of long-term debt -€13,333
no longer reported in 2025 (was €13,333)
- Debts after one year -€11,111
no longer reported in 2025 (was €11,111)
- Other debts -€8,238
no longer reported in 2025 (was €8,238)
- Trade debts +€3,569
up €3,569 (+90.6%), from €3,938 to €7,506
- Profit (loss) carried forward +€2,697
up €2,697 (+118%), from €2,284 to €4,981
- Gross operating margin -€18,883
down €18,883 (-68.7%), from €27,497 to €8,615
- Other operating charges -€11,202
down €11,202 (-97.2%), from €11,519 to €317
- Depreciation -€7,175
down €7,175 (-65.9%), from €10,895 to €3,720
- Financial charges -€868
down €868 (-47.0%), from €1,849 to €980
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 | €47,705 | €19,604 | -€28,101 | -58.9% |
| Fixed assets | 21/28 | €10,777 | €7,346 | -€3,432 | -31.8% |
| Tangible fixed assets | 22/27 | €10,777 | €7,346 | -€3,432 | -31.8% |
| Plant, machinery and equipment | 23 | €7,369 | €4,927 | -€2,442 | -33.1% |
| Furniture and vehicles | 24 | €3,408 | €2,418 | -€989 | -29.0% |
| Current assets | 29/58 | €36,928 | €12,259 | -€24,669 | -66.8% |
| Amounts receivable within one year | 40/41 | €7,017 | €10,993 | +€3,975 | +56.7% |
| Trade receivables | 40 | €405 | €5,861 | +€5,456 | +1,347% |
| Other amounts receivable | 41 | €6,612 | €5,132 | -€1,480 | -22.4% |
| Cash at bank and in hand | 54/58 | €29,855 | €1,153 | -€28,701 | -96.1% |
| Deferred charges and accrued income | 490/1 | €56 | €112 | +€57 | +102% |
| Total equity and liabilities | 10/49 | €47,705 | €19,604 | -€28,101 | -58.9% |
| Equity | 10/15 | €7,577 | €10,275 | +€2,697 | +35.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €2,293 | €2,293 | = | 0.0% |
| Distributable reserves | 133 | €2,293 | €2,293 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,284 | €4,981 | +€2,697 | +118% |
| Amounts payable | 17/49 | €40,128 | €9,330 | -€30,798 | -76.8% |
| Amounts payable after more than one year | 17 | €11,111 | - | -€11,111 | |
| Financial debts | 170/4 | €11,111 | - | -€11,111 | |
| Amounts payable within one year | 42/48 | €29,016 | €9,330 | -€19,687 | -67.8% |
| Current portion of amounts payable after more than one year | 42 | €13,333 | - | -€13,333 | |
| Trade debts | 44 | €3,938 | €7,506 | +€3,569 | +90.6% |
| Suppliers | 440/4 | €3,938 | €7,506 | +€3,569 | +90.6% |
| Taxes, remuneration and social security | 45 | €3,508 | €1,823 | -€1,684 | -48.0% |
| Taxes | 450/3 | €3,508 | €1,823 | -€1,684 | -48.0% |
| Other amounts payable | 47/48 | €8,238 | - | -€8,238 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,895 | €3,720 | -€7,175 | -65.9% |
| Other operating charges | 640/8 | €11,519 | €317 | -€11,202 | -97.2% |
| Gross operating margin | 9900 | €27,497 | €8,615 | -€18,883 | -68.7% |
| Operating profit (loss) | 9901 | €5,083 | €4,577 | -€505 | -9.9% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €1,849 | €980 | -€868 | -47.0% |
| Recurring financial charges | 65 | €1,849 | €980 | -€868 | -47.0% |
| Profit (loss) for the period before taxes | 9903 | €3,234 | €3,602 | +€368 | +11.4% |
| Income taxes | 67/77 | €950 | €905 | -€45 | -4.8% |
| Profit (loss) for the period | 9904 | €2,284 | €2,697 | +€414 | +18.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,284 | €2,697 | +€414 | +18.1% |
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 29 October 2026 via checked.be.