J. TURNER & C°: 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. TURNER & C°
Largest movements
- Cash +€131,544
up €131,544 (+236%), from €55,777 to €187,321
mainly Trade debts (+€85,125) and Net result for the year (+€47,611)
- Stocks and contracts +€11,201
up €11,201 (+535%), from €2,094 to €13,295
- Financial fixed assets +€9,525
new in 2025: €9,525
- Receivables within one year +€8,879
up €8,879 (+822%), from €1,081 to €9,959
of which Trade receivables: +€8,742
- Intangible fixed assets -€4,000
down €4,000 (-22.4%), from €17,874 to €13,874
- Trade debts +€85,125
up €85,125 (+279%), from €30,562 to €115,687
- Reserves +€38,447
new in 2025: €38,447
- Tax, wage and social debts +€26,393
up €26,393 (+221%), from €11,941 to €38,334
- Profit (loss) carried forward +€9,164
up €9,164, from -€9,164 to €0
- Other debts -€5,564
down €5,564 (-12.9%), from €42,997 to €37,433
- Gross operating margin +€57,508
up €57,508 (+343%), from €16,782 to €74,291
- Taxes +€13,941
up €13,941 (+515%), from €2,708 to €16,649
- Depreciation +€3,279
up €3,279 (+88.1%), from €3,721 to €7,000
- Other operating charges +€1,750
up €1,750 (+257%), from €682 to €2,431
- Financial charges -€1,132
down €1,132 (-51.1%), from €2,214 to €1,082
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 | €94,929 | €248,494 | +€153,565 | +162% |
| Fixed assets | 21/28 | €31,279 | €33,804 | +€2,525 | +8.1% |
| Intangible fixed assets | 21 | €17,874 | €13,874 | -€4,000 | -22.4% |
| Tangible fixed assets | 22/27 | €13,405 | €10,405 | -€3,000 | -22.4% |
| Plant, machinery and equipment | 23 | €13,405 | €10,405 | -€3,000 | -22.4% |
| Financial fixed assets | 28 | - | €9,525 | +€9,525 | |
| Current assets | 29/58 | €63,649 | €214,689 | +€151,040 | +237% |
| Stocks and contracts in progress | 3 | €2,094 | €13,295 | +€11,201 | +535% |
| Stocks | 30/36 | €2,094 | €13,295 | +€11,201 | +535% |
| Amounts receivable within one year | 40/41 | €1,081 | €9,959 | +€8,879 | +822% |
| Trade receivables | 40 | €983 | €9,724 | +€8,742 | +890% |
| Other amounts receivable | 41 | €98 | €235 | +€137 | +139% |
| Cash at bank and in hand | 54/58 | €55,777 | €187,321 | +€131,544 | +236% |
| Deferred charges and accrued income | 490/1 | €4,697 | €4,114 | -€584 | -12.4% |
| Total equity and liabilities | 10/49 | €94,929 | €248,494 | +€153,565 | +162% |
| Equity | 10/15 | €9,428 | €57,039 | +€47,611 | +505% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | - | €38,447 | +€38,447 | |
| Distributable reserves | 133 | - | €38,447 | +€38,447 | |
| Profit (loss) carried forward | 14 | -€9,164 | €0 | +€9,164 | |
| Amounts payable | 17/49 | €85,501 | €191,454 | +€105,954 | +124% |
| Amounts payable within one year | 42/48 | €85,501 | €191,454 | +€105,954 | +124% |
| Trade debts | 44 | €30,562 | €115,687 | +€85,125 | +279% |
| Suppliers | 440/4 | €30,562 | €115,687 | +€85,125 | +279% |
| Taxes, remuneration and social security | 45 | €11,941 | €38,334 | +€26,393 | +221% |
| Taxes | 450/3 | €11,941 | €38,334 | +€26,393 | +221% |
| Other amounts payable | 47/48 | €42,997 | €37,433 | -€5,564 | -12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,721 | €7,000 | +€3,279 | +88.1% |
| Other operating charges | 640/8 | €682 | €2,431 | +€1,750 | +257% |
| Gross operating margin | 9900 | €16,782 | €74,291 | +€57,508 | +343% |
| Operating profit (loss) | 9901 | €12,380 | €64,859 | +€52,479 | +424% |
| Financial income | 75/76B | €11 | €483 | +€471 | +4,122% |
| Recurring financial income | 75 | €11 | €483 | +€471 | +4,122% |
| Financial charges | 65/66B | €2,214 | €1,082 | -€1,132 | -51.1% |
| Recurring financial charges | 65 | €2,214 | €1,082 | -€1,132 | -51.1% |
| Profit (loss) for the period before taxes | 9903 | €10,178 | €64,260 | +€54,082 | +531% |
| Income taxes | 67/77 | €2,708 | €16,649 | +€13,941 | +515% |
| Profit (loss) for the period | 9904 | €7,470 | €47,611 | +€40,141 | +537% |
| Profit (loss) for the period to be appropriated | 9905 | €7,470 | €47,611 | +€40,141 | +537% |
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.