J.R.R.: 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.R.
Largest movements
- Cash +€142,476
up €142,476 (+770%), from €18,509 to €160,985
mainly Net result for the year (+€111,732) and Tax, wage and social debts (+€40,073)
- Receivables within one year -€21,256
down €21,256 (-99.6%), from €21,344 to €89
- Deferred charges and accrued income +€14,679
up €14,679 (+970%), from €1,514 to €16,193
- Profit (loss) carried forward +€111,732
up €111,732 (+557%), from €20,062 to €131,794
- Tax, wage and social debts +€40,073
up €40,073 (+382%), from €10,482 to €50,555
- Other debts -€14,840
down €14,840 (-86.8%), from €17,096 to €2,257
- Gross operating margin +€119,765
up €119,765 (+451%), from €26,566 to €146,331
- Taxes +€26,491
up €26,491 (+510%), from €5,196 to €31,687
- Depreciation +€2,193
up €2,193 (+285%), from €768 to €2,961
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 | €52,309 | €188,891 | +€136,582 | +261% |
| Fixed assets | 21/28 | €10,942 | €11,625 | +€683 | +6.2% |
| Tangible fixed assets | 22/27 | €10,942 | €11,625 | +€683 | +6.2% |
| Plant, machinery and equipment | 23 | - | €616 | +€616 | |
| Furniture and vehicles | 24 | €10,942 | €11,009 | +€67 | +0.6% |
| Current assets | 29/58 | €41,367 | €177,266 | +€135,899 | +329% |
| Amounts receivable within one year | 40/41 | €21,344 | €89 | -€21,256 | -99.6% |
| Trade receivables | 40 | €21,344 | €89 | -€21,256 | -99.6% |
| Cash at bank and in hand | 54/58 | €18,509 | €160,985 | +€142,476 | +770% |
| Deferred charges and accrued income | 490/1 | €1,514 | €16,193 | +€14,679 | +970% |
| Total equity and liabilities | 10/49 | €52,309 | €188,891 | +€136,582 | +261% |
| Equity | 10/15 | €23,062 | €134,794 | +€111,732 | +484% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,062 | €131,794 | +€111,732 | +557% |
| Amounts payable | 17/49 | €29,247 | €54,097 | +€24,850 | +85.0% |
| Amounts payable within one year | 42/48 | €29,247 | €53,226 | +€23,979 | +82.0% |
| Trade debts | 44 | €1,669 | €414 | -€1,255 | -75.2% |
| Suppliers | 440/4 | €1,669 | €414 | -€1,255 | -75.2% |
| Taxes, remuneration and social security | 45 | €10,482 | €50,555 | +€40,073 | +382% |
| Taxes | 450/3 | €10,482 | €50,555 | +€40,073 | +382% |
| Other amounts payable | 47/48 | €17,096 | €2,257 | -€14,840 | -86.8% |
| Accrued charges and deferred income | 492/3 | - | €872 | +€872 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €768 | €2,961 | +€2,193 | +285% |
| Other operating charges | 640/8 | €393 | €106 | -€286 | -72.9% |
| Gross operating margin | 9900 | €26,566 | €146,331 | +€119,765 | +451% |
| Operating profit (loss) | 9901 | €25,405 | €143,264 | +€117,859 | +464% |
| Financial income | 75/76B | - | €241 | +€241 | |
| Recurring financial income | 75 | - | €241 | +€241 | |
| Financial charges | 65/66B | €147 | €87 | -€61 | -41.2% |
| Recurring financial charges | 65 | €147 | €87 | -€61 | -41.2% |
| Profit (loss) for the period before taxes | 9903 | €25,258 | €143,419 | +€118,161 | +468% |
| Income taxes | 67/77 | €5,196 | €31,687 | +€26,491 | +510% |
| Profit (loss) for the period | 9904 | €20,062 | €111,732 | +€91,670 | +457% |
| Profit (loss) for the period to be appropriated | 9905 | €20,062 | €111,732 | +€91,670 | +457% |
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 19 October 2026 via checked.be.