J2CO: 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.
J2CO
Largest movements
- Receivables within one year -€28,684
down €28,684 (-83.7%), from €34,251 to €5,567
of which Trade receivables: -€25,698
- Tangible fixed assets +€21,511
up €21,511 (+170%), from €12,672 to €34,184
of which Furniture and vehicles: +€23,691
- Current investments -€16,578
down €16,578 (-23.8%), from €69,661 to €53,084
- Profit (loss) carried forward -€11,876
down €11,876 (-9.5%), from -€125,485 to -€137,361
- Other debts -€5,362
down €5,362 (-53.7%), from €9,993 to €4,631
- Trade debts -€5,101
down €5,101 (-67.8%), from €7,529 to €2,428
- Financial charges -€13,623
down €13,623, from €11,015 to -€2,608
- Financial income +€10,703
up €10,703 (+322%), from €3,323 to €14,026
- Gross operating margin +€5,805
up €5,805 (+23.7%), from -€24,523 to -€18,719
- Depreciation +€5,462
up €5,462 (+180%), from €3,027 to €8,489
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 | €264,761 | €242,584 | -€22,177 | -8.4% |
| Fixed assets | 21/28 | €12,672 | €34,184 | +€21,511 | +170% |
| Tangible fixed assets | 22/27 | €12,672 | €34,184 | +€21,511 | +170% |
| Plant, machinery and equipment | 23 | €561 | €0 | -€561 | -100% |
| Furniture and vehicles | 24 | €1,475 | €25,166 | +€23,691 | +1,607% |
| Other tangible fixed assets | 26 | €10,637 | €9,018 | -€1,619 | -15.2% |
| Current assets | 29/58 | €252,089 | €208,401 | -€43,688 | -17.3% |
| Stocks and contracts in progress | 3 | €4,592 | €4,195 | -€397 | -8.6% |
| Stocks | 30/36 | €4,592 | €4,195 | -€397 | -8.6% |
| Amounts receivable within one year | 40/41 | €34,251 | €5,567 | -€28,684 | -83.7% |
| Trade receivables | 40 | €30,488 | €4,790 | -€25,698 | -84.3% |
| Other amounts receivable | 41 | €3,763 | €777 | -€2,986 | -79.3% |
| Current investments | 50/53 | €69,661 | €53,084 | -€16,578 | -23.8% |
| Cash at bank and in hand | 54/58 | €139,979 | €142,604 | +€2,625 | +1.9% |
| Deferred charges and accrued income | 490/1 | €3,606 | €2,951 | -€655 | -18.2% |
| Total equity and liabilities | 10/49 | €264,761 | €242,584 | -€22,177 | -8.4% |
| Equity | 10/15 | €247,239 | €235,363 | -€11,876 | -4.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €366,524 | €366,524 | = | 0.0% |
| Distributable reserves | 133 | €366,524 | €366,524 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€125,485 | -€137,361 | -€11,876 | -9.5% |
| Amounts payable | 17/49 | €17,523 | €7,221 | -€10,301 | -58.8% |
| Amounts payable within one year | 42/48 | €17,523 | €7,221 | -€10,301 | -58.8% |
| Trade debts | 44 | €7,529 | €2,428 | -€5,101 | -67.8% |
| Suppliers | 440/4 | €7,529 | €2,428 | -€5,101 | -67.8% |
| Taxes, remuneration and social security | 45 | €0 | €162 | +€162 | |
| Taxes | 450/3 | €0 | €162 | +€162 | |
| Other amounts payable | 47/48 | €9,993 | €4,631 | -€5,362 | -53.7% |
| Non-recurring operating income | 76A | €2,400 | €0 | -€2,400 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,027 | €8,489 | +€5,462 | +180% |
| Other operating charges | 640/8 | €1,014 | €1,044 | +€31 | +3.1% |
| Gross operating margin | 9900 | -€24,523 | -€18,719 | +€5,805 | +23.7% |
| Operating profit (loss) | 9901 | -€28,564 | -€28,252 | +€312 | +1.1% |
| Financial income | 75/76B | €3,323 | €14,026 | +€10,703 | +322% |
| Recurring financial income | 75 | €3,323 | €14,026 | +€10,703 | +322% |
| Financial charges | 65/66B | €11,015 | -€2,608 | -€13,623 | |
| Recurring financial charges | 65 | €11,015 | -€2,608 | -€13,623 | |
| Profit (loss) for the period before taxes | 9903 | -€36,256 | -€11,617 | +€24,638 | +68.0% |
| Income taxes | 67/77 | €211 | €258 | +€47 | +22.5% |
| Profit (loss) for the period | 9904 | -€36,466 | -€11,876 | +€24,591 | +67.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€36,466 | -€11,876 | +€24,591 | +67.4% |
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 21 October 2026 via checked.be.