JAP: 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.
JAP
Largest movements
- Financial fixed assets -€649,080
no longer reported in 2025 (was €649,080)
- Cash +€70,577
up €70,577 (+2404.5%), from €2,935 to €73,512
mainly Investment in fixed assets (net) (+€649,080) and Net result for the year (+€50,450)
- Other debts -€639,797
down €639,797 (-64.2%), from €996,041 to €356,244
- Profit (loss) carried forward +€50,450
up €50,450 (+14.3%), from -€353,625 to -€303,175
- Tax, wage and social debts +€11,545
new in 2025: €11,545
- Other operating charges -€543,417
no longer reported in 2025 (was €543,417)
- Gross operating margin +€63,200
up €63,200, from -€1,148 to €62,052
- Taxes +€11,545
new in 2025: €11,545
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 | €652,015 | €73,512 | -€578,503 | -88.7% |
| Fixed assets | 21/28 | €649,080 | - | -€649,080 | |
| Financial fixed assets | 28 | €649,080 | - | -€649,080 | |
| Current assets | 29/58 | €2,935 | €73,512 | +€70,577 | +2404.5% |
| Cash at bank and in hand | 54/58 | €2,935 | €73,512 | +€70,577 | +2404.5% |
| Total equity and liabilities | 10/49 | €652,015 | €73,512 | -€578,503 | -88.7% |
| Equity | 10/15 | -€345,565 | -€295,115 | +€50,450 | +14.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€353,625 | -€303,175 | +€50,450 | +14.3% |
| Amounts payable | 17/49 | €997,580 | €368,627 | -€628,953 | -63.0% |
| Amounts payable within one year | 42/48 | €997,580 | €368,627 | -€628,953 | -63.0% |
| Trade debts | 44 | €1,540 | €838 | -€701 | -45.5% |
| Suppliers | 440/4 | €1,540 | €838 | -€701 | -45.5% |
| Taxes, remuneration and social security | 45 | - | €11,545 | +€11,545 | |
| Taxes | 450/3 | - | €11,545 | +€11,545 | |
| Other amounts payable | 47/48 | €996,041 | €356,244 | -€639,797 | -64.2% |
| Non-recurring operating income | 76A | - | €63,420 | +€63,420 | |
| Other operating charges | 640/8 | €543,417 | - | -€543,417 | |
| Gross operating margin | 9900 | -€1,148 | €62,052 | +€63,200 | |
| Operating profit (loss) | 9901 | -€544,565 | €62,052 | +€606,617 | |
| Financial charges | 65/66B | €45 | €57 | +€12 | +26.7% |
| Recurring financial charges | 65 | €45 | €57 | +€12 | +26.7% |
| Profit (loss) for the period before taxes | 9903 | -€544,610 | €61,995 | +€606,605 | |
| Income taxes | 67/77 | - | €11,545 | +€11,545 | |
| Profit (loss) for the period | 9904 | -€544,610 | €50,450 | +€595,060 | |
| Profit (loss) for the period to be appropriated | 9905 | -€544,610 | €50,450 | +€595,060 |
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 11 October 2026 via checked.be.