J & S INNOVATION: 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 & S INNOVATION
Largest movements
- Receivables within one year +€382,490
up €382,490 (+1,299%), from €29,450 to €411,940
of which Other amounts receivable: +€376,260
- Current investments +€162,145
up €162,145 (+40.2%), from €403,488 to €565,632
- Cash -€118,977
down €118,977 (-64.5%), from €184,479 to €65,502
mainly Contributions, distributions and other (-€395,161) and Receivables within one year (-€382,490)
- Tangible fixed assets -€33,715
down €33,715 (-9.3%), from €362,050 to €328,334
of which Land and buildings: -€31,819
- Other debts +€367,559
up €367,559 (+1,332%), from €27,602 to €395,161
- Tax, wage and social debts +€56,403
up €56,403 (+172%), from €32,853 to €89,257
- Debts after one year -€17,747
no longer reported in 2025 (was €17,747)
- Gross operating margin +€185,730
up €185,730 (+45.3%), from €410,054 to €595,784
- Taxes +€61,942
up €61,942 (+51.6%), from €120,091 to €182,033
- Financial income +€31,388
up €31,388 (+310%), from €10,132 to €41,520
- Financial charges +€26,163
up €26,163 (+224%), from €11,680 to €37,842
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 | €1,107,726 | €1,490,629 | +€382,903 | +34.6% |
| Fixed assets | 21/28 | €362,050 | €328,334 | -€33,715 | -9.3% |
| Tangible fixed assets | 22/27 | €362,050 | €328,334 | -€33,715 | -9.3% |
| Land and buildings | 22 | €354,391 | €322,573 | -€31,819 | -9.0% |
| Furniture and vehicles | 24 | €7,659 | €5,762 | -€1,897 | -24.8% |
| Current assets | 29/58 | €745,676 | €1,162,295 | +€416,619 | +55.9% |
| Amounts receivable after more than one year | 29 | €110,000 | €110,000 | = | 0.0% |
| Other amounts receivable | 291 | €110,000 | €110,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €29,450 | €411,940 | +€382,490 | +1,299% |
| Trade receivables | 40 | €29,450 | €35,680 | +€6,230 | +21.2% |
| Other amounts receivable | 41 | - | €376,260 | +€376,260 | |
| Current investments | 50/53 | €403,488 | €565,632 | +€162,145 | +40.2% |
| Cash at bank and in hand | 54/58 | €184,479 | €65,502 | -€118,977 | -64.5% |
| Deferred charges and accrued income | 490/1 | €18,260 | €9,220 | -€9,040 | -49.5% |
| Total equity and liabilities | 10/49 | €1,107,726 | €1,490,629 | +€382,903 | +34.6% |
| Equity | 10/15 | €967,284 | €953,256 | -€14,028 | -1.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Revaluation surpluses | 12 | €26,889 | €26,889 | = | 0.0% |
| Reserves | 13 | €927,995 | €913,967 | -€14,028 | -1.5% |
| Tax-exempt reserves | 132 | €2,243 | €2,243 | = | 0.0% |
| Distributable reserves | 133 | €925,753 | €911,725 | -€14,028 | -1.5% |
| Amounts payable | 17/49 | €140,442 | €537,373 | +€396,932 | +283% |
| Amounts payable after more than one year | 17 | €17,747 | - | -€17,747 | |
| Financial debts | 170/4 | €17,747 | - | -€17,747 | |
| Amounts payable within one year | 42/48 | €122,695 | €537,311 | +€414,616 | +338% |
| Current portion of amounts payable after more than one year | 42 | €23,519 | €17,747 | -€5,772 | -24.5% |
| Financial debts | 43 | €33,362 | €33,711 | +€349 | +1.0% |
| Credit institutions | 430/8 | €33,362 | €33,711 | +€349 | +1.0% |
| Trade debts | 44 | €5,359 | €1,435 | -€3,924 | -73.2% |
| Suppliers | 440/4 | €5,359 | €1,435 | -€3,924 | -73.2% |
| Taxes, remuneration and social security | 45 | €32,853 | €89,257 | +€56,403 | +172% |
| Taxes | 450/3 | €32,853 | €89,257 | +€56,403 | +172% |
| Other amounts payable | 47/48 | €27,602 | €395,161 | +€367,559 | +1,332% |
| Accrued charges and deferred income | 492/3 | - | €62 | +€62 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,026 | €33,715 | -€1,311 | -3.7% |
| Other operating charges | 640/8 | €1,332 | €2,581 | +€1,249 | +93.7% |
| Gross operating margin | 9900 | €410,054 | €595,784 | +€185,730 | +45.3% |
| Operating profit (loss) | 9901 | €373,696 | €559,487 | +€185,792 | +49.7% |
| Financial income | 75/76B | €10,132 | €41,520 | +€31,388 | +310% |
| Recurring financial income | 75 | €10,132 | €41,520 | +€31,388 | +310% |
| Financial charges | 65/66B | €11,680 | €37,842 | +€26,163 | +224% |
| Recurring financial charges | 65 | €11,680 | €37,842 | +€26,163 | +224% |
| Profit (loss) for the period before taxes | 9903 | €372,148 | €563,165 | +€191,017 | +51.3% |
| Income taxes | 67/77 | €120,091 | €182,033 | +€61,942 | +51.6% |
| Profit (loss) for the period | 9904 | €252,058 | €381,133 | +€129,075 | +51.2% |
| Profit (loss) for the period to be appropriated | 9905 | €252,058 | €381,133 | +€129,075 | +51.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.