J3@work: what changed
Two fiscal 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.
J3@work
Largest movements
- Receivables within one year +€59,385
up €59,385 (+53.7%), from €110,524 to €169,909
of which Other amounts receivable: +€43,880
- Tangible fixed assets -€18,849
down €18,849 (-33.2%), from €56,764 to €37,914
of which Furniture and vehicles: -€18,447
- Cash -€4,527
down €4,527 (-25.7%), from €17,617 to €13,090
mainly Receivables within one year (-€59,385) and Current portion of long-term debt (-€15,000)
- Other debts +€21,189
up €21,189 (+51.9%), from €40,811 to €62,000
- Current portion of long-term debt -€15,000
down €15,000 (-83.3%), from €18,000 to €3,000
- Profit (loss) carried forward +€14,811
up €14,811 (+0.6%), from -€2.7m to -€2.7m
- Trade debts +€12,066
new in 2025: €12,066
- Tax, wage and social debts +€2,549
up €2,549 (+7.2%), from €35,612 to €38,162
of which Taxes: +€1,904
- Gross operating margin -€19,765
down €19,765 (-27.6%), from €71,664 to €51,900
- Financial charges -€3,388
down €3,388 (-46.4%), from €7,299 to €3,911
- Other operating charges +€1,019
up €1,019 (+117.4%), from €868 to €1,887
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 | €189,789 | €225,835 | +€36,046 | +19.0% |
| Fixed assets | 21/28 | €56,764 | €37,914 | -€18,849 | -33.2% |
| Tangible fixed assets | 22/27 | €56,764 | €37,914 | -€18,849 | -33.2% |
| Plant, machinery and equipment | 23 | €1,472 | €1,070 | -€402 | -27.3% |
| Furniture and vehicles | 24 | €55,292 | €36,845 | -€18,447 | -33.4% |
| Current assets | 29/58 | €133,025 | €187,921 | +€54,896 | +41.3% |
| Amounts receivable within one year | 40/41 | €110,524 | €169,909 | +€59,385 | +53.7% |
| Trade receivables | 40 | €55,426 | €70,931 | +€15,505 | +28.0% |
| Other amounts receivable | 41 | €55,098 | €98,978 | +€43,880 | +79.6% |
| Cash at bank and in hand | 54/58 | €17,617 | €13,090 | -€4,527 | -25.7% |
| Deferred charges and accrued income | 490/1 | €4,884 | €4,921 | +€37 | +0.8% |
| Total equity and liabilities | 10/49 | €189,789 | €225,835 | +€36,046 | +19.0% |
| Equity | 10/15 | -€673,379 | -€658,568 | +€14,811 | +2.2% |
| Contributions | 10/11 | €2,000,000 | €2,000,000 | = | 0.0% |
| Capital | 10 | €2,000,000 | €2,000,000 | = | 0.0% |
| Issued capital | 100 | €2,000,000 | €2,000,000 | = | 0.0% |
| Reserves | 13 | €19,000 | €19,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €19,000 | €19,000 | = | 0.0% |
| Legal reserve | 130 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,692,379 | -€2,677,568 | +€14,811 | +0.6% |
| Provisions and deferred taxes | 16 | €3,580 | €3,580 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €3,580 | €3,580 | = | 0.0% |
| Pensions and similar obligations | 160 | €3,580 | €3,580 | = | 0.0% |
| Amounts payable | 17/49 | €859,587 | €880,823 | +€21,236 | +2.5% |
| Amounts payable after more than one year | 17 | €765,164 | €765,164 | = | 0.0% |
| Financial debts | 170/4 | €765,164 | €765,164 | = | 0.0% |
| Amounts payable within one year | 42/48 | €94,424 | €115,228 | +€20,804 | +22.0% |
| Current portion of amounts payable after more than one year | 42 | €18,000 | €3,000 | -€15,000 | -83.3% |
| Trade debts | 44 | - | €12,066 | +€12,066 | |
| Suppliers | 440/4 | - | €12,066 | +€12,066 | |
| Taxes, remuneration and social security | 45 | €35,612 | €38,162 | +€2,549 | +7.2% |
| Taxes | 450/3 | €29,772 | €31,676 | +€1,904 | +6.4% |
| Remuneration and social security | 454/9 | €5,841 | €6,486 | +€646 | +11.1% |
| Other amounts payable | 47/48 | €40,811 | €62,000 | +€21,189 | +51.9% |
| Accrued charges and deferred income | 492/3 | - | €431 | +€431 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,849 | €18,849 | -€0 | 0.0% |
| Other operating charges | 640/8 | €868 | €1,887 | +€1,019 | +117.4% |
| Gross operating margin | 9900 | €71,664 | €51,900 | -€19,765 | -27.6% |
| Operating profit (loss) | 9901 | €51,947 | €31,164 | -€20,783 | -40.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €7,299 | €3,911 | -€3,388 | -46.4% |
| Recurring financial charges | 65 | €7,299 | €3,911 | -€3,388 | -46.4% |
| Profit (loss) for the period before taxes | 9903 | €44,648 | €27,253 | -€17,395 | -39.0% |
| Income taxes | 67/77 | €12,639 | €12,442 | -€197 | -1.6% |
| Profit (loss) for the period | 9904 | €32,009 | €14,811 | -€17,198 | -53.7% |
| Profit (loss) for the period to be appropriated | 9905 | €32,009 | €14,811 | -€17,198 | -53.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.