J2RM: 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.
J2RM
Largest movements
- Cash +€2,040
up €2,040 (+204.2%), from €999 to €3,039
mainly Tax, wage and social debts (+€3,863) and Stocks and contracts (+€1,323)
- Stocks and contracts -€1,323
down €1,323 (-15.4%), from €8,562 to €7,239
- Receivables within one year -€156
down €156 (-56.6%), from €275 to €119
- Profit (loss) carried forward -€3,930
down €3,930 (-63.0%), from -€6,238 to -€10,168
- Tax, wage and social debts +€3,863
up €3,863 (+147.6%), from €2,618 to €6,481
of which Remuneration and social security: +€3,102
- Trade debts +€895
up €895 (+95.3%), from €939 to €1,834
- Other debts -€266
down €266 (-4.2%), from €6,318 to €6,051
- Staff costs +€13,412
up €13,412 (+62.5%), from €21,473 to €34,885
- Gross operating margin +€12,475
up €12,475 (+64.7%), from €19,269 to €31,744
- Other operating charges +€691
new in 2025: €691
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.
Cash bridge derived
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 | €9,836 | €10,398 | +€562 | +5.7% |
| Current assets | 29/58 | €9,836 | €10,398 | +€562 | +5.7% |
| Stocks and contracts in progress | 3 | €8,562 | €7,239 | -€1,323 | -15.4% |
| Stocks | 30/36 | €8,562 | €7,239 | -€1,323 | -15.4% |
| Amounts receivable within one year | 40/41 | €275 | €119 | -€156 | -56.6% |
| Trade receivables | 40 | €275 | €119 | -€156 | -56.6% |
| Cash at bank and in hand | 54/58 | €999 | €3,039 | +€2,040 | +204.2% |
| Deferred charges and accrued income | 490/1 | - | €0 | +€0 | |
| Total equity and liabilities | 10/49 | €9,836 | €10,398 | +€562 | +5.7% |
| Equity | 10/15 | -€38 | -€3,968 | -€3,930 | -10247.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,238 | -€10,168 | -€3,930 | -63.0% |
| Amounts payable | 17/49 | €9,874 | €14,366 | +€4,492 | +45.5% |
| Amounts payable within one year | 42/48 | €9,874 | €14,366 | +€4,492 | +45.5% |
| Trade debts | 44 | €939 | €1,834 | +€895 | +95.3% |
| Suppliers | 440/4 | €939 | €1,834 | +€895 | +95.3% |
| Taxes, remuneration and social security | 45 | €2,618 | €6,481 | +€3,863 | +147.6% |
| Taxes | 450/3 | €984 | €1,745 | +€762 | +77.4% |
| Remuneration and social security | 454/9 | €1,634 | €4,736 | +€3,102 | +189.8% |
| Other amounts payable | 47/48 | €6,318 | €6,051 | -€266 | -4.2% |
| Remuneration, social security and pensions | 62 | €21,473 | €34,885 | +€13,412 | +62.5% |
| Other operating charges | 640/8 | - | €691 | +€691 | |
| Gross operating margin | 9900 | €19,269 | €31,744 | +€12,475 | +64.7% |
| Operating profit (loss) | 9901 | -€2,205 | -€3,832 | -€1,627 | -73.8% |
| Financial income | 75/76B | €0 | €164 | +€164 | +102243.8% |
| Recurring financial income | 75 | €0 | €164 | +€164 | +102243.8% |
| Financial charges | 65/66B | €209 | €262 | +€53 | +25.2% |
| Recurring financial charges | 65 | €209 | €262 | +€53 | +25.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,414 | -€3,930 | -€1,516 | -62.8% |
| Profit (loss) for the period | 9904 | -€2,414 | -€3,930 | -€1,516 | -62.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,414 | -€3,930 | -€1,516 | -62.8% |
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 10 October 2026 via checked.be.