J TRANSPORTS: 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 TRANSPORTS
Largest movements
- Receivables within one year +€160,301
up €160,301 (+498%), from €32,162 to €192,463
of which Trade receivables: +€163,063
- Cash +€17,510
new in 2025: €17,510
mainly Trade debts (+€126,881) and Net result for the year (+€61,947)
- Financial fixed assets -€8,685
down €8,685 (-47.0%), from €18,475 to €9,790
- Tangible fixed assets -€3,500
down €3,500 (-21.4%), from €16,335 to €12,835
- Trade debts +€126,881
up €126,881 (+4,358%), from €2,912 to €129,793
- Reserves +€61,947
new in 2025: €61,947
- Other debts -€53,229
no longer reported in 2025 (was €53,229)
- Tax, wage and social debts +€26,754
up €26,754 (+393%), from €6,809 to €33,563
of which Taxes: +€21,214
- Advances received +€3,734
new in 2025: €3,734
- Gross operating margin +€95,780
up €95,780 (+376%), from €25,464 to €121,244
- Taxes +€24,579
new in 2025: €24,579
- Staff costs +€20,526
up €20,526 (+315%), from €6,510 to €27,036
- Write-downs -€12,118
no longer reported in 2025 (was €12,118)
- Depreciation +€2,335
up €2,335 (+200%), from €1,165 to €3,500
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 | €70,357 | €236,436 | +€166,079 | +236% |
| Fixed assets | 21/28 | €34,810 | €22,625 | -€12,185 | -35.0% |
| Tangible fixed assets | 22/27 | €16,335 | €12,835 | -€3,500 | -21.4% |
| Furniture and vehicles | 24 | €16,335 | €12,835 | -€3,500 | -21.4% |
| Financial fixed assets | 28 | €18,475 | €9,790 | -€8,685 | -47.0% |
| Current assets | 29/58 | €35,547 | €213,811 | +€178,264 | +501% |
| Amounts receivable within one year | 40/41 | €32,162 | €192,463 | +€160,301 | +498% |
| Trade receivables | 40 | €27,375 | €190,438 | +€163,063 | +596% |
| Other amounts receivable | 41 | €4,787 | €2,025 | -€2,762 | -57.7% |
| Cash at bank and in hand | 54/58 | - | €17,510 | +€17,510 | |
| Deferred charges and accrued income | 490/1 | €3,385 | €3,838 | +€453 | +13.4% |
| Total equity and liabilities | 10/49 | €70,357 | €236,436 | +€166,079 | +236% |
| Equity | 10/15 | €7,399 | €69,346 | +€61,947 | +837% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €61,947 | +€61,947 | |
| Distributable reserves | 133 | - | €61,947 | +€61,947 | |
| Profit (loss) carried forward | 14 | €4,399 | €4,399 | = | 0.0% |
| Amounts payable | 17/49 | €62,958 | €167,090 | +€104,132 | +165% |
| Amounts payable within one year | 42/48 | €62,958 | €167,090 | +€104,132 | +165% |
| Financial debts | 43 | €8 | - | -€8 | |
| Credit institutions | 430/8 | €8 | - | -€8 | |
| Trade debts | 44 | €2,912 | €129,793 | +€126,881 | +4,358% |
| Suppliers | 440/4 | €2,912 | €129,793 | +€126,881 | +4,358% |
| Advances received on contracts in progress | 46 | - | €3,734 | +€3,734 | |
| Taxes, remuneration and social security | 45 | €6,809 | €33,563 | +€26,754 | +393% |
| Taxes | 450/3 | €5,661 | €26,875 | +€21,214 | +375% |
| Remuneration and social security | 454/9 | €1,147 | €6,688 | +€5,540 | +483% |
| Other amounts payable | 47/48 | €53,229 | - | -€53,229 | |
| Non-recurring operating income | 76A | - | €1,161 | +€1,161 | |
| Remuneration, social security and pensions | 62 | €6,510 | €27,036 | +€20,526 | +315% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,165 | €3,500 | +€2,335 | +200% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €12,118 | - | -€12,118 | |
| Other operating charges | 640/8 | €4,477 | €3,881 | -€596 | -13.3% |
| Gross operating margin | 9900 | €25,464 | €121,244 | +€95,780 | +376% |
| Operating profit (loss) | 9901 | €1,194 | €86,827 | +€85,633 | +7,173% |
| Financial income | 75/76B | €6 | €18 | +€12 | +199% |
| Recurring financial income | 75 | €6 | €18 | +€12 | +199% |
| Financial charges | 65/66B | €454 | €319 | -€134 | -29.6% |
| Recurring financial charges | 65 | €454 | €319 | -€134 | -29.6% |
| Profit (loss) for the period before taxes | 9903 | €746 | €86,526 | +€85,780 | +11,495% |
| Income taxes | 67/77 | - | €24,579 | +€24,579 | |
| Profit (loss) for the period | 9904 | €746 | €61,947 | +€61,201 | +8,201% |
| Profit (loss) for the period to be appropriated | 9905 | €746 | €61,947 | +€61,201 | +8,201% |
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.