JAP.GUS: 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.GUS
Largest movements
- Stocks and contracts +€17,091
up €17,091 (+592.7%), from €2,884 to €19,975
- Intangible fixed assets -€6,500
down €6,500 (-32.4%), from €20,042 to €13,542
- Deferred charges and accrued income +€4,655
up €4,655 (+1182.1%), from €394 to €5,048
- Receivables within one year -€3,274
down €3,274 (-33.9%), from €9,646 to €6,372
of which Trade receivables: -€3,320
- Cash -€3,156
down €3,156 (-37.8%), from €8,345 to €5,189
mainly Stocks and contracts (-€17,091) and Current portion of long-term debt (-€14,410)
- Current portion of long-term debt -€14,410
down €14,410 (-86.0%), from €16,755 to €2,345
- Trade debts +€11,856
up €11,856 (+106.5%), from €11,133 to €22,989
- Profit (loss) carried forward +€10,127
up €10,127 (+24.2%), from -€41,882 to -€31,755
- Other debts +€7,246
up €7,246 (+161.8%), from €4,478 to €11,724
- Tax, wage and social debts -€5,931
down €5,931 (-17.9%), from €33,122 to €27,191
of which Remuneration and social security: -€9,848
- Gross operating margin -€18,207
down €18,207 (-14.1%), from €128,731 to €110,524
- Staff costs -€9,861
down €9,861 (-10.5%), from €94,095 to €84,234
- Depreciation -€1,497
down €1,497 (-13.3%), from €11,264 to €9,767
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 | €46,198 | €56,865 | +€10,667 | +23.1% |
| Fixed assets | 21/28 | €24,930 | €20,281 | -€4,648 | -18.6% |
| Intangible fixed assets | 21 | €20,042 | €13,542 | -€6,500 | -32.4% |
| Tangible fixed assets | 22/27 | €4,788 | €6,640 | +€1,852 | +38.7% |
| Plant, machinery and equipment | 23 | €2,123 | €376 | -€1,747 | -82.3% |
| Furniture and vehicles | 24 | €1,648 | €964 | -€684 | -41.5% |
| Other tangible fixed assets | 26 | €1,017 | €5,300 | +€4,283 | +421.1% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €21,269 | €36,584 | +€15,316 | +72.0% |
| Stocks and contracts in progress | 3 | €2,884 | €19,975 | +€17,091 | +592.7% |
| Stocks | 30/36 | €2,884 | €19,975 | +€17,091 | +592.7% |
| Amounts receivable within one year | 40/41 | €9,646 | €6,372 | -€3,274 | -33.9% |
| Trade receivables | 40 | €9,646 | €6,327 | -€3,320 | -34.4% |
| Other amounts receivable | 41 | - | €45 | +€45 | |
| Cash at bank and in hand | 54/58 | €8,345 | €5,189 | -€3,156 | -37.8% |
| Deferred charges and accrued income | 490/1 | €394 | €5,048 | +€4,655 | +1182.1% |
| Total equity and liabilities | 10/49 | €46,198 | €56,865 | +€10,667 | +23.1% |
| Equity | 10/15 | -€23,282 | -€13,155 | +€10,127 | +43.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,882 | -€31,755 | +€10,127 | +24.2% |
| Amounts payable | 17/49 | €69,480 | €70,020 | +€540 | +0.8% |
| Amounts payable after more than one year | 17 | €1,174 | - | -€1,174 | |
| Financial debts | 170/4 | €1,174 | - | -€1,174 | |
| Amounts payable within one year | 42/48 | €65,488 | €64,249 | -€1,239 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €16,755 | €2,345 | -€14,410 | -86.0% |
| Trade debts | 44 | €11,133 | €22,989 | +€11,856 | +106.5% |
| Suppliers | 440/4 | €11,133 | €22,989 | +€11,856 | +106.5% |
| Taxes, remuneration and social security | 45 | €33,122 | €27,191 | -€5,931 | -17.9% |
| Taxes | 450/3 | €12,431 | €16,347 | +€3,916 | +31.5% |
| Remuneration and social security | 454/9 | €20,691 | €10,843 | -€9,848 | -47.6% |
| Other amounts payable | 47/48 | €4,478 | €11,724 | +€7,246 | +161.8% |
| Accrued charges and deferred income | 492/3 | €2,819 | €5,771 | +€2,952 | +104.7% |
| Remuneration, social security and pensions | 62 | €94,095 | €84,234 | -€9,861 | -10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,264 | €9,767 | -€1,497 | -13.3% |
| Other operating charges | 640/8 | €412 | €400 | -€13 | -3.1% |
| Gross operating margin | 9900 | €128,731 | €110,524 | -€18,207 | -14.1% |
| Operating profit (loss) | 9901 | €22,960 | €16,123 | -€6,836 | -29.8% |
| Financial income | 75/76B | €0 | €6 | +€5 | +4936.4% |
| Recurring financial income | 75 | €0 | €6 | +€5 | +4936.4% |
| Financial charges | 65/66B | €6,766 | €5,763 | -€1,003 | -14.8% |
| Recurring financial charges | 65 | €6,766 | €5,763 | -€1,003 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | €16,194 | €10,366 | -€5,828 | -36.0% |
| Income taxes | 67/77 | - | €239 | +€239 | |
| Profit (loss) for the period | 9904 | €16,194 | €10,127 | -€6,067 | -37.5% |
| Profit (loss) for the period to be appropriated | 9905 | €16,194 | €10,127 | -€6,067 | -37.5% |
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.