J.R y C: what changed
J.R y C
Largest movements
- Tangible fixed assets +€45,264
up €45,264 (+1,890%), from €2,395 to €47,659
- Cash -€33,843
down €33,843 (-34.3%), from €98,660 to €64,816
mainly Investment in fixed assets (net) (-€49,597) and Tax, wage and social debts (-€16,276)
- Receivables within one year +€13,001
up €13,001 (+56.5%), from €23,002 to €36,003
of which Trade receivables: +€8,115
- Reserves +€34,137
up €34,137 (+34.3%), from €99,483 to €133,620
- Tax, wage and social debts -€16,276
down €16,276 (-76.5%), from €21,266 to €4,990
- Trade debts +€6,643
up €6,643 (+1,524%), from €436 to €7,079
- Gross operating margin +€26,704
up €26,704 (+91.9%), from €29,067 to €55,772
- Taxes +€7,568
up €7,568 (+80.3%), from €9,422 to €16,990
- Depreciation -€3,638
down €3,638 (-45.6%), from €7,970 to €4,333
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €124,685 | €149,189 | +€24,504 | +19.7% |
| Fixed assets | 21/28 | €2,395 | €47,659 | +€45,264 | +1,890% |
| Tangible fixed assets | 22/27 | €2,395 | €47,659 | +€45,264 | +1,890% |
| Furniture and vehicles | 24 | €2,395 | €47,659 | +€45,264 | +1,890% |
| Current assets | 29/58 | €122,289 | €101,530 | -€20,760 | -17.0% |
| Amounts receivable within one year | 40/41 | €23,002 | €36,003 | +€13,001 | +56.5% |
| Trade receivables | 40 | €8,151 | €16,266 | +€8,115 | +99.6% |
| Other amounts receivable | 41 | €14,851 | €19,737 | +€4,886 | +32.9% |
| Cash at bank and in hand | 54/58 | €98,660 | €64,816 | -€33,843 | -34.3% |
| Deferred charges and accrued income | 490/1 | €627 | €710 | +€83 | +13.2% |
| Total equity and liabilities | 10/49 | €124,685 | €149,189 | +€24,504 | +19.7% |
| Equity | 10/15 | €102,483 | €136,620 | +€34,137 | +33.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €99,483 | €133,620 | +€34,137 | +34.3% |
| Distributable reserves | 133 | €99,483 | €133,620 | +€34,137 | +34.3% |
| Amounts payable | 17/49 | €22,201 | €12,569 | -€9,633 | -43.4% |
| Amounts payable within one year | 42/48 | €21,701 | €12,069 | -€9,633 | -44.4% |
| Trade debts | 44 | €436 | €7,079 | +€6,643 | +1,524% |
| Suppliers | 440/4 | €436 | €7,079 | +€6,643 | +1,524% |
| Taxes, remuneration and social security | 45 | €21,266 | €4,990 | -€16,276 | -76.5% |
| Taxes | 450/3 | €21,266 | €4,990 | -€16,276 | -76.5% |
| Accrued charges and deferred income | 492/3 | €500 | €500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,970 | €4,333 | -€3,638 | -45.6% |
| Other operating charges | 640/8 | €1,214 | €1,150 | -€64 | -5.3% |
| Gross operating margin | 9900 | €29,067 | €55,772 | +€26,704 | +91.9% |
| Operating profit (loss) | 9901 | €19,883 | €50,289 | +€30,406 | +153% |
| Financial income | 75/76B | €864 | €933 | +€69 | +8.0% |
| Recurring financial income | 75 | €864 | €933 | +€69 | +8.0% |
| Financial charges | 65/66B | €93 | €95 | +€1 | +1.4% |
| Recurring financial charges | 65 | €93 | €95 | +€1 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | €20,653 | €51,126 | +€30,474 | +148% |
| Income taxes | 67/77 | €9,422 | €16,990 | +€7,568 | +80.3% |
| Profit (loss) for the period | 9904 | €11,231 | €34,137 | +€22,906 | +204% |
| Profit (loss) for the period to be appropriated | 9905 | €11,231 | €34,137 | +€22,906 | +204% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.