JAPJI: 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.
JAPJI
Largest movements
- Cash -€7,734
down €7,734 (-30.1%), from €25,694 to €17,960
mainly Net result for the year (-€14,982) and Investment in fixed assets (net) (-€4,200)
- Tangible fixed assets +€2,527
up €2,527 (+214.7%), from €1,177 to €3,704
of which Furniture and vehicles: +€3,015
- Receivables within one year -€1,549
down €1,549 (-21.3%), from €7,272 to €5,723
- Profit (loss) carried forward -€14,982
down €14,982, from €9,678 to -€5,304
- Tax, wage and social debts +€8,142
up €8,142 (+86.9%), from €9,374 to €17,516
of which Remuneration and social security: +€8,591
- Turnover -€14,820
down €14,820 (-20.6%), from €72,088 to €57,268
- Gross operating margin -€14,062
down €14,062 (-50.0%), from €28,123 to €14,062
- Other operating charges +€6,013
up €6,013 (+705.5%), from €852 to €6,866
- Taxes -€2,271
down €2,271 (-92.2%), from €2,463 to €192
- Staff costs +€2,145
up €2,145 (+12.6%), from €17,037 to €19,182
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 | €34,198 | €27,451 | -€6,747 | -19.7% |
| Fixed assets | 21/28 | €1,177 | €3,704 | +€2,527 | +214.7% |
| Tangible fixed assets | 22/27 | €1,177 | €3,704 | +€2,527 | +214.7% |
| Plant, machinery and equipment | 23 | €1,177 | €689 | -€488 | -41.5% |
| Furniture and vehicles | 24 | - | €3,015 | +€3,015 | |
| Current assets | 29/58 | €33,021 | €23,747 | -€9,274 | -28.1% |
| Amounts receivable within one year | 40/41 | €7,272 | €5,723 | -€1,549 | -21.3% |
| Trade receivables | 40 | €7,272 | €5,723 | -€1,549 | -21.3% |
| Cash at bank and in hand | 54/58 | €25,694 | €17,960 | -€7,734 | -30.1% |
| Deferred charges and accrued income | 490/1 | €55 | €63 | +€9 | +15.5% |
| Total equity and liabilities | 10/49 | €34,198 | €27,451 | -€6,747 | -19.7% |
| Equity | 10/15 | €24,678 | €9,696 | -€14,982 | -60.7% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,678 | -€5,304 | -€14,982 | |
| Amounts payable | 17/49 | €9,520 | €17,754 | +€8,234 | +86.5% |
| Amounts payable within one year | 42/48 | €9,520 | €17,754 | +€8,234 | +86.5% |
| Trade debts | 44 | €147 | €239 | +€92 | +62.8% |
| Suppliers | 440/4 | €147 | €239 | +€92 | +62.8% |
| Taxes, remuneration and social security | 45 | €9,374 | €17,516 | +€8,142 | +86.9% |
| Taxes | 450/3 | €5,166 | €4,717 | -€449 | -8.7% |
| Remuneration and social security | 454/9 | €4,208 | €12,799 | +€8,591 | +204.2% |
| Turnover | 70 | €72,088 | €57,268 | -€14,820 | -20.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €43,965 | €45,517 | +€1,552 | +3.5% |
| Remuneration, social security and pensions | 62 | €17,037 | €19,182 | +€2,145 | +12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €288 | €1,673 | +€1,386 | +481.9% |
| Other operating charges | 640/8 | €852 | €6,866 | +€6,013 | +705.5% |
| Gross operating margin | 9900 | €28,123 | €14,062 | -€14,062 | -50.0% |
| Operating profit (loss) | 9901 | €9,946 | -€13,660 | -€23,606 | |
| Financial charges | 65/66B | €406 | €1,130 | +€724 | +178.2% |
| Recurring financial charges | 65 | €406 | €1,130 | +€724 | +178.2% |
| Profit (loss) for the period before taxes | 9903 | €9,540 | -€14,790 | -€24,330 | |
| Income taxes | 67/77 | €2,463 | €192 | -€2,271 | -92.2% |
| Profit (loss) for the period | 9904 | €7,077 | -€14,982 | -€22,059 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,077 | -€14,982 | -€22,059 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.