JAPHAN: 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.
JAPHAN
Largest movements
- Receivables within one year +€54,239
up €54,239 (+520.7%), from €10,416 to €64,656
of which Other amounts receivable: +€62,318
- Financial fixed assets -€7,933
down €7,933 (-33.9%), from €23,398 to €15,465
- Tangible fixed assets -€7,136
down €7,136 (-20.5%), from €34,752 to €27,617
- Trade debts +€40,238
up €40,238 (+196.9%), from €20,436 to €60,674
- Other debts +€18,546
up €18,546 (+424.0%), from €4,374 to €22,920
- Tax, wage and social debts -€8,962
down €8,962 (-62.3%), from €14,381 to €5,419
of which Taxes: -€5,462
- Profit (loss) carried forward -€7,895
down €7,895 (-1593.2%), from -€496 to -€8,390
- Debts after one year -€6,754
down €6,754 (-25.9%), from €26,080 to €19,325
- Gross operating margin -€26,875
down €26,875 (-83.9%), from €32,042 to €5,167
- Staff costs -€7,785
down €7,785 (-81.0%), from €9,609 to €1,824
- Depreciation +€6,209
up €6,209 (+670.4%), from €926 to €7,136
- Taxes -€5,806
down €5,806 (-97.1%), from €5,981 to €176
- Other operating charges -€4,995
down €4,995 (-73.7%), from €6,775 to €1,779
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €99,128 | €135,081 | +€35,953 | +36.3% |
| Fixed assets | 21/28 | €58,150 | €43,081 | -€15,069 | -25.9% |
| Tangible fixed assets | 22/27 | €34,752 | €27,617 | -€7,136 | -20.5% |
| Furniture and vehicles | 24 | €34,752 | €27,617 | -€7,136 | -20.5% |
| Financial fixed assets | 28 | €23,398 | €15,465 | -€7,933 | -33.9% |
| Current assets | 29/58 | €40,978 | €92,000 | +€51,022 | +124.5% |
| Stocks and contracts in progress | 3 | €23,248 | €22,057 | -€1,191 | -5.1% |
| Stocks | 30/36 | €23,248 | €22,057 | -€1,191 | -5.1% |
| Amounts receivable within one year | 40/41 | €10,416 | €64,656 | +€54,239 | +520.7% |
| Trade receivables | 40 | €8,907 | €828 | -€8,079 | -90.7% |
| Other amounts receivable | 41 | €1,510 | €63,828 | +€62,318 | +4128.1% |
| Cash at bank and in hand | 54/58 | €4,834 | €3,982 | -€852 | -17.6% |
| Deferred charges and accrued income | 490/1 | €2,480 | €1,305 | -€1,174 | -47.4% |
| Total equity and liabilities | 10/49 | €99,128 | €135,081 | +€35,953 | +36.3% |
| Equity | 10/15 | €27,861 | €19,966 | -€7,895 | -28.3% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Capital | 10 | €6,197 | €6,197 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Uncalled capital | 101 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €22,159 | €22,159 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €20,300 | €20,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€496 | -€8,390 | -€7,895 | -1593.2% |
| Amounts payable | 17/49 | €71,267 | €115,115 | +€43,848 | +61.5% |
| Amounts payable after more than one year | 17 | €26,080 | €19,325 | -€6,754 | -25.9% |
| Financial debts | 170/4 | €26,080 | €19,325 | -€6,754 | -25.9% |
| Amounts payable within one year | 42/48 | €45,187 | €95,790 | +€50,602 | +112.0% |
| Current portion of amounts payable after more than one year | 42 | €5,997 | €6,776 | +€779 | +13.0% |
| Trade debts | 44 | €20,436 | €60,674 | +€40,238 | +196.9% |
| Suppliers | 440/4 | €20,436 | €60,674 | +€40,238 | +196.9% |
| Taxes, remuneration and social security | 45 | €14,381 | €5,419 | -€8,962 | -62.3% |
| Taxes | 450/3 | €10,374 | €4,912 | -€5,462 | -52.7% |
| Remuneration and social security | 454/9 | €4,007 | €507 | -€3,499 | -87.3% |
| Other amounts payable | 47/48 | €4,374 | €22,920 | +€18,546 | +424.0% |
| Non-recurring operating income | 76A | €5,936 | - | -€5,936 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €9,609 | €1,824 | -€7,785 | -81.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €926 | €7,136 | +€6,209 | +670.4% |
| Other operating charges | 640/8 | €6,775 | €1,779 | -€4,995 | -73.7% |
| Gross operating margin | 9900 | €32,042 | €5,167 | -€26,875 | -83.9% |
| Operating profit (loss) | 9901 | €14,731 | -€5,573 | -€20,304 | |
| Financial income | 75/76B | €0 | €114 | +€114 | +24225.5% |
| Recurring financial income | 75 | €0 | €114 | +€114 | +24225.5% |
| Financial charges | 65/66B | €516 | €2,261 | +€1,745 | +338.2% |
| Recurring financial charges | 65 | €516 | €2,261 | +€1,745 | +338.2% |
| Profit (loss) for the period before taxes | 9903 | €14,216 | -€7,719 | -€21,935 | |
| Income taxes | 67/77 | €5,981 | €176 | -€5,806 | -97.1% |
| Profit (loss) for the period | 9904 | €8,235 | -€7,895 | -€16,129 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,235 | -€7,895 | -€16,129 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.