JAPIDO: 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.
JAPIDO
Largest movements
- Tangible fixed assets -€8,238
down €8,238 (-8.3%), from €98,663 to €90,425
of which Land and buildings: -€13,149
- Cash -€5,804
down €5,804 (-11.1%), from €52,529 to €46,724
mainly Net result for the year (-€27,680)
- Profit (loss) carried forward -€14,680
down €14,680, from €1,891 to -€12,790
- Reserves -€13,000
down €13,000 (-3.4%), from €377,161 to €364,161
- Other debts +€6,245
up €6,245 (+52.7%), from €11,852 to €18,098
- Gross operating margin -€250,956
down €250,956, from €233,207 to -€17,750
- Taxes -€72,813
no longer reported in 2025 (was €72,813)
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 | €406,499 | €387,390 | -€19,109 | -4.7% |
| Fixed assets | 21/28 | €98,663 | €90,425 | -€8,238 | -8.3% |
| Tangible fixed assets | 22/27 | €98,663 | €90,425 | -€8,238 | -8.3% |
| Land and buildings | 22 | €98,663 | €85,514 | -€13,149 | -13.3% |
| Plant, machinery and equipment | 23 | - | €1,335 | +€1,335 | |
| Furniture and vehicles | 24 | - | €3,576 | +€3,576 | |
| Current assets | 29/58 | €307,836 | €296,965 | -€10,871 | -3.5% |
| Amounts receivable within one year | 40/41 | €2,203 | €159 | -€2,043 | -92.8% |
| Other amounts receivable | 41 | €2,203 | €159 | -€2,043 | -92.8% |
| Current investments | 50/53 | €251,332 | €250,082 | -€1,250 | -0.5% |
| Cash at bank and in hand | 54/58 | €52,529 | €46,724 | -€5,804 | -11.1% |
| Deferred charges and accrued income | 490/1 | €1,773 | - | -€1,773 | |
| Total equity and liabilities | 10/49 | €406,499 | €387,390 | -€19,109 | -4.7% |
| Equity | 10/15 | €391,452 | €363,771 | -€27,680 | -7.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €377,161 | €364,161 | -€13,000 | -3.4% |
| Distributable reserves | 133 | €377,161 | €364,161 | -€13,000 | -3.4% |
| Profit (loss) carried forward | 14 | €1,891 | -€12,790 | -€14,680 | |
| Amounts payable | 17/49 | €15,048 | €23,619 | +€8,571 | +57.0% |
| Amounts payable within one year | 42/48 | €12,410 | €20,959 | +€8,549 | +68.9% |
| Trade debts | 44 | €357 | €2,661 | +€2,304 | +644.4% |
| Suppliers | 440/4 | €357 | €2,661 | +€2,304 | +644.4% |
| Taxes, remuneration and social security | 45 | €200 | €200 | = | 0.0% |
| Taxes | 450/3 | €200 | €200 | = | 0.0% |
| Other amounts payable | 47/48 | €11,852 | €18,098 | +€6,245 | +52.7% |
| Accrued charges and deferred income | 492/3 | €2,638 | €2,660 | +€23 | +0.9% |
| Non-recurring operating income | 76A | €263,822 | €143 | -€263,679 | -99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,411 | €5,808 | -€604 | -9.4% |
| Other operating charges | 640/8 | €3,508 | €3,371 | -€137 | -3.9% |
| Gross operating margin | 9900 | €233,207 | -€17,750 | -€250,956 | |
| Operating profit (loss) | 9901 | €223,287 | -€26,929 | -€250,216 | |
| Financial income | 75/76B | €51 | €572 | +€521 | +1015.7% |
| Recurring financial income | 75 | €51 | €572 | +€521 | +1015.7% |
| Financial charges | 65/66B | €348 | €1,324 | +€976 | +280.5% |
| Recurring financial charges | 65 | €348 | €1,324 | +€976 | +280.5% |
| Profit (loss) for the period before taxes | 9903 | €222,991 | -€27,680 | -€250,671 | |
| Income taxes | 67/77 | €72,813 | - | -€72,813 | |
| Profit (loss) for the period | 9904 | €150,178 | -€27,680 | -€177,858 | |
| Profit (loss) for the period to be appropriated | 9905 | €150,178 | -€27,680 | -€177,858 |
Source: filed annual accounts (NBB), fiscal years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.