JA GROUP: 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.
JA GROUP
Largest movements
- Stocks and contracts +€32,600
up €32,600 (+130.4%), from €25,000 to €57,600
- Receivables within one year +€25,646
up €25,646 (+95.8%), from €26,769 to €52,416
of which Trade receivables: +€25,645
- Cash +€11,178
up €11,178 (+119.4%), from €9,361 to €20,538
mainly Trade debts (+€66,436) and Depreciation (+€7,435)
- Tangible fixed assets +€2,242
up €2,242 (+16.9%), from €13,272 to €15,514
of which Furniture and vehicles: +€2,607
- Trade debts +€66,436
up €66,436 (+119.6%), from €55,530 to €121,967
- Profit (loss) carried forward +€2,960
up €2,960 (+5.0%), from -€59,727 to -€56,767
- Other debts +€2,927
up €2,927 (+5.3%), from €55,011 to €57,938
- Purchases and services +€187,165
up €187,165 (+24.2%), from €773,058 to €960,223
- Turnover +€174,342
up €174,342 (+21.8%), from €800,570 to €974,912
- Write-downs -€75,710
no longer reported in 2025 (was €75,710)
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 | €74,402 | €146,068 | +€71,666 | +96.3% |
| Fixed assets | 21/28 | €13,272 | €15,514 | +€2,242 | +16.9% |
| Tangible fixed assets | 22/27 | €13,272 | €15,514 | +€2,242 | +16.9% |
| Plant, machinery and equipment | 23 | €5,743 | €5,379 | -€365 | -6.4% |
| Furniture and vehicles | 24 | €7,529 | €10,136 | +€2,607 | +34.6% |
| Current assets | 29/58 | €61,130 | €130,554 | +€69,424 | +113.6% |
| Stocks and contracts in progress | 3 | €25,000 | €57,600 | +€32,600 | +130.4% |
| Stocks | 30/36 | €25,000 | €57,600 | +€32,600 | +130.4% |
| Amounts receivable within one year | 40/41 | €26,769 | €52,416 | +€25,646 | +95.8% |
| Trade receivables | 40 | €26,662 | €52,307 | +€25,645 | +96.2% |
| Other amounts receivable | 41 | €107 | €108 | +€1 | +0.8% |
| Cash at bank and in hand | 54/58 | €9,361 | €20,538 | +€11,178 | +119.4% |
| Total equity and liabilities | 10/49 | €74,402 | €146,068 | +€71,666 | +96.3% |
| Equity | 10/15 | -€49,717 | -€46,757 | +€2,960 | +6.0% |
| Contributions | 10/11 | €10,010 | €10,010 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,727 | -€56,767 | +€2,960 | +5.0% |
| Amounts payable | 17/49 | €124,119 | €192,826 | +€68,706 | +55.4% |
| Amounts payable within one year | 42/48 | €124,119 | €192,826 | +€68,706 | +55.4% |
| Trade debts | 44 | €55,530 | €121,967 | +€66,436 | +119.6% |
| Suppliers | 440/4 | €55,530 | €121,967 | +€66,436 | +119.6% |
| Taxes, remuneration and social security | 45 | €13,578 | €12,921 | -€657 | -4.8% |
| Taxes | 450/3 | €7,984 | €5,811 | -€2,173 | -27.2% |
| Remuneration and social security | 454/9 | €5,594 | €7,109 | +€1,515 | +27.1% |
| Other amounts payable | 47/48 | €55,011 | €57,938 | +€2,927 | +5.3% |
| Turnover | 70 | €800,570 | €974,912 | +€174,342 | +21.8% |
| Non-recurring operating income | 76A | - | €6,318 | +€6,318 | |
| Goods, raw materials, services and sundry goods | 60/61 | €773,058 | €960,223 | +€187,165 | +24.2% |
| Remuneration, social security and pensions | 62 | €9,668 | €3,048 | -€6,620 | -68.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,269 | €7,435 | +€2,166 | +41.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €75,710 | - | -€75,710 | |
| Other operating charges | 640/8 | €2,264 | €6,800 | +€4,537 | +200.4% |
| Gross operating margin | 9900 | €27,512 | €21,210 | -€6,301 | -22.9% |
| Operating profit (loss) | 9901 | -€65,399 | €3,927 | +€69,325 | |
| Financial income | 75/76B | €1,622 | €320 | -€1,301 | -80.3% |
| Recurring financial income | 75 | €1,622 | €320 | -€1,301 | -80.3% |
| Financial charges | 65/66B | €1,672 | €529 | -€1,143 | -68.4% |
| Recurring financial charges | 65 | €1,672 | €529 | -€1,143 | -68.4% |
| Profit (loss) for the period before taxes | 9903 | -€65,449 | €3,718 | +€69,167 | |
| Income taxes | 67/77 | €1,645 | €758 | -€887 | -53.9% |
| Profit (loss) for the period | 9904 | -€67,094 | €2,960 | +€70,054 | |
| Profit (loss) for the period to be appropriated | 9905 | -€67,094 | €2,960 | +€70,054 |
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.