JAPPA: 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.
JAPPA
Largest movements
- Receivables within one year +€70,588
up €70,588 (+58.1%), from €121,500 to €192,088
of which Other amounts receivable: +€71,588
- Stocks and contracts +€14,905
new in 2022: €14,905
- Tangible fixed assets +€10,144
up €10,144 (+4.8%), from €209,640 to €219,784
of which Furniture and vehicles: +€20,858
- Trade debts +€118,267
up €118,267 (+171.0%), from €69,181 to €187,449
- Profit (loss) carried forward -€51,709
new in 2022: -€51,709
- Other debts +€20,210
up €20,210 (+17.6%), from €114,976 to €135,186
- Tax, wage and social debts +€5,858
up €5,858 (+6.7%), from €87,506 to €93,364
of which Taxes: +€20,041
- Staff costs +€100,958
up €100,958 (+58.2%), from €173,462 to €274,420
- Gross operating margin -€15,312
down €15,312 (-5.2%), from €294,209 to €278,897
- Taxes -€15,151
no longer reported in 2022 (was €15,151)
- Other operating charges +€7,728
up €7,728 (+749.7%), from €1,031 to €8,759
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €352,007 | €444,633 | +€92,626 | +26.3% |
| Fixed assets | 21/28 | €209,640 | €219,784 | +€10,144 | +4.8% |
| Tangible fixed assets | 22/27 | €209,640 | €219,784 | +€10,144 | +4.8% |
| Land and buildings | 22 | €175,424 | €157,778 | -€17,646 | -10.1% |
| Plant, machinery and equipment | 23 | €8,481 | €15,412 | +€6,931 | +81.7% |
| Furniture and vehicles | 24 | €25,735 | €46,593 | +€20,858 | +81.0% |
| Current assets | 29/58 | €142,367 | €224,850 | +€82,483 | +57.9% |
| Stocks and contracts in progress | 3 | - | €14,905 | +€14,905 | |
| Stocks | 30/36 | - | €14,905 | +€14,905 | |
| Amounts receivable within one year | 40/41 | €121,500 | €192,088 | +€70,588 | +58.1% |
| Trade receivables | 40 | €1,176 | €176 | -€1,000 | -85.1% |
| Other amounts receivable | 41 | €120,324 | €191,912 | +€71,588 | +59.5% |
| Cash at bank and in hand | 54/58 | €20,867 | €17,857 | -€3,010 | -14.4% |
| Total equity and liabilities | 10/49 | €352,007 | €444,633 | +€92,626 | +26.3% |
| Equity | 10/15 | €80,344 | €28,635 | -€51,709 | -64.4% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €59,344 | €59,344 | = | 0.0% |
| Distributable reserves | 133 | €59,344 | €59,344 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€51,709 | -€51,709 | |
| Amounts payable | 17/49 | €271,663 | €415,999 | +€144,335 | +53.1% |
| Amounts payable within one year | 42/48 | €271,663 | €415,999 | +€144,335 | +53.1% |
| Trade debts | 44 | €69,181 | €187,449 | +€118,267 | +171.0% |
| Suppliers | 440/4 | €69,181 | €187,449 | +€118,267 | +171.0% |
| Taxes, remuneration and social security | 45 | €87,506 | €93,364 | +€5,858 | +6.7% |
| Taxes | 450/3 | €29,178 | €49,218 | +€20,041 | +68.7% |
| Remuneration and social security | 454/9 | €58,329 | €44,146 | -€14,183 | -24.3% |
| Other amounts payable | 47/48 | €114,976 | €135,186 | +€20,210 | +17.6% |
| Remuneration, social security and pensions | 62 | €173,462 | €274,420 | +€100,958 | +58.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,573 | €44,484 | -€89 | -0.2% |
| Other operating charges | 640/8 | €1,031 | €8,759 | +€7,728 | +749.7% |
| Gross operating margin | 9900 | €294,209 | €278,897 | -€15,312 | -5.2% |
| Operating profit (loss) | 9901 | €75,144 | -€48,765 | -€123,909 | |
| Financial income | 75/76B | €1,453 | €6 | -€1,447 | -99.6% |
| Recurring financial income | 75 | €1,453 | €6 | -€1,447 | -99.6% |
| Financial charges | 65/66B | €2,101 | €2,950 | +€849 | +40.4% |
| Recurring financial charges | 65 | €2,101 | €2,950 | +€849 | +40.4% |
| Profit (loss) for the period before taxes | 9903 | €74,495 | -€51,709 | -€126,204 | |
| Income taxes | 67/77 | €15,151 | - | -€15,151 | |
| Profit (loss) for the period | 9904 | €59,344 | -€51,709 | -€111,053 | |
| Profit (loss) for the period to be appropriated | 9905 | €59,344 | -€51,709 | -€111,053 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.