JAPIBA: 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.
JAPIBA
Largest movements
- Receivables within one year +€22,825
up €22,825 (+5,017%), from €455 to €23,280
of which Trade receivables: +€23,280
- Cash +€19,665
up €19,665 (+946%), from €2,078 to €21,743
mainly Net result for the year (+€45,747) and Tax, wage and social debts (+€16,952)
- Deferred charges and accrued income +€7,733
up €7,733, from €0 to €7,733
- Tangible fixed assets +€840
up €840 (+194%), from €433 to €1,273
- Profit (loss) carried forward +€45,747
up €45,747, from -€15,303 to €30,444
- Tax, wage and social debts +€16,952
up €16,952 (+13,286%), from €128 to €17,079
- Other debts -€12,650
down €12,650 (-74.0%), from €17,101 to €4,451
- Trade debts +€1,275
up €1,275 (+5,543%), from €23 to €1,298
- Gross operating margin +€59,442
up €59,442, from -€3,277 to €56,165
- Taxes +€8,812
up €8,812 (+26,679%), from €33 to €8,845
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 | €2,966 | €54,339 | +€51,374 | +1,732% |
| Fixed assets | 21/28 | €433 | €1,583 | +€1,150 | +266% |
| Tangible fixed assets | 22/27 | €433 | €1,273 | +€840 | +194% |
| Furniture and vehicles | 24 | €433 | €1,273 | +€840 | +194% |
| Financial fixed assets | 28 | - | €310 | +€310 | |
| Current assets | 29/58 | €2,533 | €52,757 | +€50,224 | +1,983% |
| Amounts receivable within one year | 40/41 | €455 | €23,280 | +€22,825 | +5,017% |
| Trade receivables | 40 | - | €23,280 | +€23,280 | |
| Other amounts receivable | 41 | €455 | €0 | -€455 | -100% |
| Cash at bank and in hand | 54/58 | €2,078 | €21,743 | +€19,665 | +946% |
| Deferred charges and accrued income | 490/1 | €0 | €7,733 | +€7,733 | |
| Total equity and liabilities | 10/49 | €2,966 | €54,339 | +€51,374 | +1,732% |
| Equity | 10/15 | -€14,303 | €31,444 | +€45,747 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,303 | €30,444 | +€45,747 | |
| Amounts payable | 17/49 | €17,269 | €22,896 | +€5,627 | +32.6% |
| Amounts payable within one year | 42/48 | €17,251 | €22,828 | +€5,576 | +32.3% |
| Trade debts | 44 | €23 | €1,298 | +€1,275 | +5,543% |
| Suppliers | 440/4 | €23 | €1,298 | +€1,275 | +5,543% |
| Taxes, remuneration and social security | 45 | €128 | €17,079 | +€16,952 | +13,286% |
| Taxes | 450/3 | €128 | €17,079 | +€16,952 | +13,286% |
| Other amounts payable | 47/48 | €17,101 | €4,451 | -€12,650 | -74.0% |
| Accrued charges and deferred income | 492/3 | €17 | €68 | +€51 | +291% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €678 | €655 | -€23 | -3.3% |
| Other operating charges | 640/8 | €213 | €528 | +€315 | +148% |
| Non-recurring operating charges | 66A | €2,166 | €0 | -€2,166 | -100% |
| Gross operating margin | 9900 | -€3,277 | €56,165 | +€59,442 | |
| Operating profit (loss) | 9901 | -€6,334 | €54,982 | +€61,316 | |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €59 | €393 | +€334 | +571% |
| Recurring financial charges | 65 | €59 | €393 | +€334 | +571% |
| Profit (loss) for the period before taxes | 9903 | -€6,392 | €54,592 | +€60,984 | |
| Income taxes | 67/77 | €33 | €8,845 | +€8,812 | +26,679% |
| Profit (loss) for the period | 9904 | -€6,425 | €45,747 | +€52,172 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,425 | €45,747 | +€52,172 |
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 24 October 2026 via checked.be.