J & SP: 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 & SP
Largest movements
- Receivables within one year -€15,859
down €15,859 (-36.2%), from €43,798 to €27,939
of which Other amounts receivable: -€16,314
- Cash -€1,452
down €1,452 (-97.0%), from €1,496 to €44
mainly Net result for the year (-€17,373) and Tax, wage and social debts (-€1,314)
- Profit (loss) carried forward -€17,373
down €17,373 (-73.9%), from €23,501 to €6,128
- Trade debts +€1,418
up €1,418 (+2,364,067%), from €0 to €1,419
- Tax, wage and social debts -€1,314
down €1,314 (-41.1%), from €3,193 to €1,879
- Gross operating margin -€19,423
down €19,423, from €2,789 to -€16,635
- Taxes -€2,056
down €2,056 (-84.2%), from €2,442 to €386
- Other operating charges -€445
no longer reported in 2025 (was €445)
- Financial charges +€257
up €257 (+270%), from €95 to €353
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 | €45,294 | €28,026 | -€17,268 | -38.1% |
| Current assets | 29/58 | €45,294 | €28,026 | -€17,268 | -38.1% |
| Amounts receivable within one year | 40/41 | €43,798 | €27,939 | -€15,859 | -36.2% |
| Trade receivables | 40 | - | €455 | +€455 | |
| Other amounts receivable | 41 | €43,798 | €27,484 | -€16,314 | -37.2% |
| Cash at bank and in hand | 54/58 | €1,496 | €44 | -€1,452 | -97.0% |
| Deferred charges and accrued income | 490/1 | - | €43 | +€43 | |
| Total equity and liabilities | 10/49 | €45,294 | €28,026 | -€17,268 | -38.1% |
| Equity | 10/15 | €42,101 | €24,728 | -€17,373 | -41.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,501 | €6,128 | -€17,373 | -73.9% |
| Amounts payable | 17/49 | €3,193 | €3,297 | +€105 | +3.3% |
| Amounts payable within one year | 42/48 | €3,193 | €3,297 | +€105 | +3.3% |
| Trade debts | 44 | €0 | €1,419 | +€1,418 | +2,364,067% |
| Suppliers | 440/4 | €0 | €1,419 | +€1,418 | +2,364,067% |
| Taxes, remuneration and social security | 45 | €3,193 | €1,879 | -€1,314 | -41.1% |
| Taxes | 450/3 | €3,193 | €1,879 | -€1,314 | -41.1% |
| Other operating charges | 640/8 | €445 | - | -€445 | |
| Gross operating margin | 9900 | €2,789 | -€16,635 | -€19,423 | |
| Operating profit (loss) | 9901 | €2,343 | -€16,635 | -€18,978 | |
| Financial charges | 65/66B | €95 | €353 | +€257 | +270% |
| Recurring financial charges | 65 | €95 | €353 | +€257 | +270% |
| Profit (loss) for the period before taxes | 9903 | €2,248 | -€16,987 | -€19,235 | |
| Income taxes | 67/77 | €2,442 | €386 | -€2,056 | -84.2% |
| Profit (loss) for the period | 9904 | -€194 | -€17,373 | -€17,179 | -8,860% |
| Profit (loss) for the period to be appropriated | 9905 | -€194 | -€17,373 | -€17,179 | -8,860% |
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 13 October 2026 via checked.be.