JAJ87: 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.
JAJ87
Largest movements
- Intangible fixed assets -€20,083
down €20,083 (-68.1%), from €29,509 to €9,427
- Receivables within one year +€6,100
up €6,100 (+128.1%), from €4,763 to €10,864
of which Trade receivables: +€6,885
- Cash -€3,134
down €3,134 (-90.0%), from €3,484 to €350
mainly Net result for the year (-€30,372) and Receivables within one year (-€6,100)
- Profit (loss) carried forward -€30,372
down €30,372 (-97.2%), from -€31,245 to -€61,618
- Other debts +€21,894
up €21,894 (+8.3%), from €264,630 to €286,524
- Trade debts -€4,865
down €4,865 (-12.2%), from €40,009 to €35,144
- Tax, wage and social debts -€4,418
down €4,418 (-85.5%), from €5,168 to €750
- Gross operating margin -€12,807
down €12,807, from €6,272 to -€6,535
- Financial charges +€1,192
up €1,192 (+100.2%), from €1,189 to €2,381
- Other operating charges +€402
up €402 (+79.5%), from €505 to €907
- Depreciation -€296
down €296 (-1.4%), from €20,933 to €20,638
- Financial income +€74
up €74 (+512.9%), from €14 to €88
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 | €281,061 | €263,300 | -€17,761 | -6.3% |
| Fixed assets | 21/28 | €31,001 | €10,364 | -€20,638 | -66.6% |
| Intangible fixed assets | 21 | €29,509 | €9,427 | -€20,083 | -68.1% |
| Tangible fixed assets | 22/27 | €1,492 | €937 | -€555 | -37.2% |
| Furniture and vehicles | 24 | €1,492 | €937 | -€555 | -37.2% |
| Current assets | 29/58 | €250,060 | €252,936 | +€2,877 | +1.2% |
| Stocks and contracts in progress | 3 | €241,451 | €241,361 | -€89 | 0.0% |
| Stocks | 30/36 | €241,451 | €241,361 | -€89 | 0.0% |
| Amounts receivable within one year | 40/41 | €4,763 | €10,864 | +€6,100 | +128.1% |
| Trade receivables | 40 | €2,957 | €9,842 | +€6,885 | +232.9% |
| Other amounts receivable | 41 | €1,807 | €1,022 | -€785 | -43.5% |
| Cash at bank and in hand | 54/58 | €3,484 | €350 | -€3,134 | -90.0% |
| Deferred charges and accrued income | 490/1 | €361 | €361 | = | 0.0% |
| Total equity and liabilities | 10/49 | €281,061 | €263,300 | -€17,761 | -6.3% |
| Equity | 10/15 | -€28,745 | -€59,118 | -€30,372 | -105.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,245 | -€61,618 | -€30,372 | -97.2% |
| Amounts payable | 17/49 | €309,806 | €322,417 | +€12,611 | +4.1% |
| Amounts payable within one year | 42/48 | €309,806 | €322,417 | +€12,611 | +4.1% |
| Trade debts | 44 | €40,009 | €35,144 | -€4,865 | -12.2% |
| Suppliers | 440/4 | €40,009 | €35,144 | -€4,865 | -12.2% |
| Taxes, remuneration and social security | 45 | €5,168 | €750 | -€4,418 | -85.5% |
| Taxes | 450/3 | €5,168 | €750 | -€4,418 | -85.5% |
| Other amounts payable | 47/48 | €264,630 | €286,524 | +€21,894 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,933 | €20,638 | -€296 | -1.4% |
| Other operating charges | 640/8 | €505 | €907 | +€402 | +79.5% |
| Gross operating margin | 9900 | €6,272 | -€6,535 | -€12,807 | |
| Operating profit (loss) | 9901 | -€15,167 | -€28,080 | -€12,913 | -85.1% |
| Financial income | 75/76B | €14 | €88 | +€74 | +512.9% |
| Recurring financial income | 75 | €14 | €88 | +€74 | +512.9% |
| Financial charges | 65/66B | €1,189 | €2,381 | +€1,192 | +100.2% |
| Recurring financial charges | 65 | €1,189 | €2,381 | +€1,192 | +100.2% |
| Profit (loss) for the period before taxes | 9903 | -€16,342 | -€30,372 | -€14,031 | -85.9% |
| Profit (loss) for the period | 9904 | -€16,342 | -€30,372 | -€14,031 | -85.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,342 | -€30,372 | -€14,031 | -85.9% |
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 7 October 2026 via checked.be.