JEAN PAUL: 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.
JEAN PAUL
Largest movements
- Tangible fixed assets -€10,217
down €10,217 (-3.9%), from €259,268 to €249,052
- Other debts -€29,887
down €29,887 (-17.0%), from €175,759 to €145,872
- Profit (loss) carried forward +€20,453
up €20,453 (+44.3%), from €46,147 to €66,600
- Tax, wage and social debts +€4,788
up €4,788 (+93.9%), from €5,101 to €9,889
- Trade debts -€2,921
down €2,921 (-26.9%), from €10,847 to €7,926
- Gross operating margin +€47,218
up €47,218, from -€9,190 to €38,028
- Other operating charges -€23,680
down €23,680 (-85.6%), from €27,669 to €3,989
- Write-downs +€17,530
no longer reported in 2025 (was -€17,530)
- Taxes +€2,964
up €2,964 (+898%), from €330 to €3,294
- Depreciation +€734
up €734 (+7.7%), from €9,483 to €10,217
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 | €259,343 | €250,747 | -€8,597 | -3.3% |
| Fixed assets | 21/28 | €259,268 | €249,052 | -€10,217 | -3.9% |
| Tangible fixed assets | 22/27 | €259,268 | €249,052 | -€10,217 | -3.9% |
| Land and buildings | 22 | €259,268 | €249,052 | -€10,217 | -3.9% |
| Current assets | 29/58 | €75 | €1,695 | +€1,620 | +2,158% |
| Amounts receivable within one year | 40/41 | - | €1,639 | +€1,639 | |
| Trade receivables | 40 | - | €1,639 | +€1,639 | |
| Cash at bank and in hand | 54/58 | €75 | €56 | -€19 | -25.0% |
| Total equity and liabilities | 10/49 | €259,343 | €250,747 | -€8,597 | -3.3% |
| Equity | 10/15 | €66,607 | €87,060 | +€20,453 | +30.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,147 | €66,600 | +€20,453 | +44.3% |
| Amounts payable | 17/49 | €192,736 | €163,687 | -€29,049 | -15.1% |
| Amounts payable within one year | 42/48 | €191,707 | €163,687 | -€28,020 | -14.6% |
| Trade debts | 44 | €10,847 | €7,926 | -€2,921 | -26.9% |
| Suppliers | 440/4 | €10,847 | €7,926 | -€2,921 | -26.9% |
| Taxes, remuneration and social security | 45 | €5,101 | €9,889 | +€4,788 | +93.9% |
| Taxes | 450/3 | €5,101 | €9,889 | +€4,788 | +93.9% |
| Other amounts payable | 47/48 | €175,759 | €145,872 | -€29,887 | -17.0% |
| Accrued charges and deferred income | 492/3 | €1,029 | - | -€1,029 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,483 | €10,217 | +€734 | +7.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€17,530 | - | +€17,530 | |
| Other operating charges | 640/8 | €27,669 | €3,989 | -€23,680 | -85.6% |
| Gross operating margin | 9900 | -€9,190 | €38,028 | +€47,218 | |
| Operating profit (loss) | 9901 | -€28,812 | €23,822 | +€52,634 | |
| Financial charges | 65/66B | €76 | €76 | +€0 | +0.2% |
| Recurring financial charges | 65 | €76 | €76 | +€0 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | -€28,888 | €23,746 | +€52,634 | |
| Income taxes | 67/77 | €330 | €3,294 | +€2,964 | +898% |
| Profit (loss) for the period | 9904 | -€29,218 | €20,453 | +€49,671 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,218 | €20,453 | +€49,671 |
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 17 October 2026 via checked.be.