J2L Stables: 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.
J2L Stables
Largest movements
- Stocks and contracts -€69,500
down €69,500 (-9.6%), from €725,500 to €656,000
- Deferred charges and accrued income -€14,203
down €14,203 (-46.6%), from €30,474 to €16,271
- Other debts -€57,608
down €57,608 (-13.6%), from €425,003 to €367,395
- Trade debts -€34,821
down €34,821 (-50.3%), from €69,283 to €34,462
- Gross operating margin +€3,385
up €3,385 (+28.1%), from €12,034 to €15,419
- Financial income -€368
down €368 (-67.8%), from €543 to €175
- Depreciation -€267
down €267 (-19.1%), from €1,400 to €1,133
- Financial charges +€241
up €241 (+3.8%), from €6,381 to €6,622
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €770,867 | €682,880 | -€87,987 | -11.4% |
| Fixed assets | 21/28 | €1,404 | €271 | -€1,133 | -80.7% |
| Tangible fixed assets | 22/27 | €1,133 | - | -€1,133 | |
| Plant, machinery and equipment | 23 | €183 | - | -€183 | |
| Furniture and vehicles | 24 | €950 | - | -€950 | |
| Financial fixed assets | 28 | €271 | €271 | = | 0.0% |
| Current assets | 29/58 | €769,463 | €682,609 | -€86,854 | -11.3% |
| Stocks and contracts in progress | 3 | €725,500 | €656,000 | -€69,500 | -9.6% |
| Stocks | 30/36 | €725,500 | €656,000 | -€69,500 | -9.6% |
| Amounts receivable within one year | 40/41 | €13,156 | €10,334 | -€2,822 | -21.5% |
| Trade receivables | 40 | - | €109 | +€109 | |
| Other amounts receivable | 41 | €13,156 | €10,225 | -€2,931 | -22.3% |
| Cash at bank and in hand | 54/58 | €333 | €4 | -€329 | -98.8% |
| Deferred charges and accrued income | 490/1 | €30,474 | €16,271 | -€14,203 | -46.6% |
| Total equity and liabilities | 10/49 | €770,867 | €682,880 | -€87,987 | -11.4% |
| Equity | 10/15 | €175,140 | €180,242 | +€5,102 | +2.9% |
| Contributions | 10/11 | €318,591 | €318,591 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€143,451 | -€138,349 | +€5,102 | +3.6% |
| Amounts payable | 17/49 | €595,727 | €502,638 | -€93,089 | -15.6% |
| Amounts payable within one year | 42/48 | €594,286 | €501,857 | -€92,429 | -15.6% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €69,283 | €34,462 | -€34,821 | -50.3% |
| Suppliers | 440/4 | €69,283 | €34,462 | -€34,821 | -50.3% |
| Other amounts payable | 47/48 | €425,003 | €367,395 | -€57,608 | -13.6% |
| Accrued charges and deferred income | 492/3 | €1,441 | €781 | -€660 | -45.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,400 | €1,133 | -€267 | -19.1% |
| Other operating charges | 640/8 | €2,587 | €2,737 | +€150 | +5.8% |
| Gross operating margin | 9900 | €12,034 | €15,419 | +€3,385 | +28.1% |
| Operating profit (loss) | 9901 | €8,047 | €11,549 | +€3,502 | +43.5% |
| Financial income | 75/76B | €543 | €175 | -€368 | -67.8% |
| Recurring financial income | 75 | €543 | €175 | -€368 | -67.8% |
| Financial charges | 65/66B | €6,381 | €6,622 | +€241 | +3.8% |
| Recurring financial charges | 65 | €6,381 | €6,622 | +€241 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | €2,209 | €5,102 | +€2,893 | +131% |
| Profit (loss) for the period | 9904 | €2,209 | €5,102 | +€2,893 | +131% |
| Profit (loss) for the period to be appropriated | 9905 | €2,209 | €5,102 | +€2,893 | +131% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.