JAPALOU: 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.
JAPALOU
Largest movements
- Receivables within one year -€268,210
down €268,210 (-87.3%), from €307,163 to €38,953
of which Other amounts receivable: -€207,424
- Tangible fixed assets -€28,530
down €28,530 (-6.5%), from €436,836 to €408,306
of which Furniture and vehicles: -€15,155
- Cash +€19,126
up €19,126 (+153%), from €12,484 to €31,610
mainly Receivables within one year (+€268,210) and Net result for the year (+€200,530)
- Reserves -€185,466
down €185,466 (-90.0%), from €205,996 to €20,530
- Trade debts -€119,213
down €119,213 (-94.8%), from €125,703 to €6,490
- Tax, wage and social debts -€51,445
down €51,445 (-72.5%), from €70,994 to €19,549
- Debts after one year +€41,701
up €41,701 (+28.3%), from €147,507 to €189,208
- Other debts +€17,163
up €17,163 (+8.5%), from €201,204 to €218,368
- Gross operating margin -€76,317
down €76,317 (-19.8%), from €385,378 to €309,061
- Taxes -€25,577
down €25,577 (-27.9%), from €91,823 to €66,246
- Depreciation +€8,831
up €8,831 (+28.3%), from €31,246 to €40,077
- Financial income -€5,515
down €5,515 (-53.8%), from €10,247 to €4,733
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.
Derived cash bridge
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 | €759,741 | €480,909 | -€278,832 | -36.7% |
| Fixed assets | 21/28 | €436,836 | €408,306 | -€28,530 | -6.5% |
| Tangible fixed assets | 22/27 | €436,836 | €408,306 | -€28,530 | -6.5% |
| Land and buildings | 22 | €362,681 | €349,305 | -€13,376 | -3.7% |
| Furniture and vehicles | 24 | €74,155 | €59,001 | -€15,155 | -20.4% |
| Current assets | 29/58 | €322,905 | €72,603 | -€250,302 | -77.5% |
| Amounts receivable within one year | 40/41 | €307,163 | €38,953 | -€268,210 | -87.3% |
| Trade receivables | 40 | €96,849 | €36,063 | -€60,786 | -62.8% |
| Other amounts receivable | 41 | €210,314 | €2,890 | -€207,424 | -98.6% |
| Cash at bank and in hand | 54/58 | €12,484 | €31,610 | +€19,126 | +153% |
| Deferred charges and accrued income | 490/1 | €3,259 | €2,041 | -€1,218 | -37.4% |
| Total equity and liabilities | 10/49 | €759,741 | €480,909 | -€278,832 | -36.7% |
| Equity | 10/15 | €206,996 | €21,530 | -€185,466 | -89.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €205,996 | €20,530 | -€185,466 | -90.0% |
| Distributable reserves | 133 | €205,996 | €20,530 | -€185,466 | -90.0% |
| Amounts payable | 17/49 | €552,745 | €459,379 | -€93,366 | -16.9% |
| Amounts payable after more than one year | 17 | €147,507 | €189,208 | +€41,701 | +28.3% |
| Financial debts | 170/4 | €147,507 | €189,208 | +€41,701 | +28.3% |
| Amounts payable within one year | 42/48 | €405,238 | €268,607 | -€136,631 | -33.7% |
| Current portion of amounts payable after more than one year | 42 | €7,337 | €24,200 | +€16,863 | +230% |
| Trade debts | 44 | €125,703 | €6,490 | -€119,213 | -94.8% |
| Suppliers | 440/4 | €125,703 | €6,490 | -€119,213 | -94.8% |
| Taxes, remuneration and social security | 45 | €70,994 | €19,549 | -€51,445 | -72.5% |
| Taxes | 450/3 | €70,994 | €19,549 | -€51,445 | -72.5% |
| Other amounts payable | 47/48 | €201,204 | €218,368 | +€17,163 | +8.5% |
| Accrued charges and deferred income | 492/3 | - | €1,563 | +€1,563 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,246 | €40,077 | +€8,831 | +28.3% |
| Other operating charges | 640/8 | €2,700 | €3,542 | +€842 | +31.2% |
| Gross operating margin | 9900 | €385,378 | €309,061 | -€76,317 | -19.8% |
| Operating profit (loss) | 9901 | €351,432 | €265,442 | -€85,990 | -24.5% |
| Financial income | 75/76B | €10,247 | €4,733 | -€5,515 | -53.8% |
| Recurring financial income | 75 | €10,247 | €4,733 | -€5,515 | -53.8% |
| Financial charges | 65/66B | €2,776 | €3,398 | +€622 | +22.4% |
| Recurring financial charges | 65 | €2,776 | €3,398 | +€622 | +22.4% |
| Profit (loss) for the period before taxes | 9903 | €358,903 | €266,776 | -€92,127 | -25.7% |
| Income taxes | 67/77 | €91,823 | €66,246 | -€25,577 | -27.9% |
| Profit (loss) for the period | 9904 | €267,080 | €200,530 | -€66,550 | -24.9% |
| Profit (loss) for the period to be appropriated | 9905 | €267,080 | €200,530 | -€66,550 | -24.9% |
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 13 October 2026 via checked.be.