JEPHA: 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.
JEPHA
Largest movements
- Cash +€3,168
up €3,168 (+128.3%), from €2,469 to €5,637
mainly Net result for the year (+€10,941) and Trade debts (+€415)
- Receivables within one year +€2,587
up €2,587 (+27.4%), from €9,446 to €12,033
of which Trade receivables: +€2,588
- Profit (loss) carried forward +€10,941
up €10,941 (+39.2%), from -€27,901 to -€16,960
- Other debts -€5,143
down €5,143 (-32.7%), from €15,713 to €10,569
- Tax, wage and social debts -€528
down €528 (-25.7%), from €2,057 to €1,529
of which Remuneration and social security: -€1,500
- Trade debts +€415
up €415 (+87.5%), from €475 to €890
- Gross operating margin +€11,375
up €11,375 (+679.3%), from €1,675 to €13,050
- Taxes +€887
up €887 (+581.2%), from €153 to €1,040
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 | €12,031 | €17,716 | +€5,685 | +47.3% |
| Current assets | 29/58 | €12,031 | €17,716 | +€5,685 | +47.3% |
| Amounts receivable within one year | 40/41 | €9,446 | €12,033 | +€2,587 | +27.4% |
| Trade receivables | 40 | €9,445 | €12,033 | +€2,588 | +27.4% |
| Other amounts receivable | 41 | €1 | €0 | -€1 | -100.0% |
| Cash at bank and in hand | 54/58 | €2,469 | €5,637 | +€3,168 | +128.3% |
| Deferred charges and accrued income | 490/1 | €117 | €47 | -€70 | -59.9% |
| Total equity and liabilities | 10/49 | €12,031 | €17,716 | +€5,685 | +47.3% |
| Equity | 10/15 | -€6,213 | €4,728 | +€10,941 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €15,488 | €15,488 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €13,628 | €13,628 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,901 | -€16,960 | +€10,941 | +39.2% |
| Amounts payable | 17/49 | €18,244 | €12,988 | -€5,256 | -28.8% |
| Amounts payable within one year | 42/48 | €18,244 | €12,988 | -€5,256 | -28.8% |
| Trade debts | 44 | €475 | €890 | +€415 | +87.5% |
| Suppliers | 440/4 | €475 | €890 | +€415 | +87.5% |
| Taxes, remuneration and social security | 45 | €2,057 | €1,529 | -€528 | -25.7% |
| Taxes | 450/3 | €557 | €1,529 | +€972 | +174.5% |
| Remuneration and social security | 454/9 | €1,500 | - | -€1,500 | |
| Other amounts payable | 47/48 | €15,713 | €10,569 | -€5,143 | -32.7% |
| Other operating charges | 640/8 | €1,070 | €964 | -€106 | -9.9% |
| Gross operating margin | 9900 | €1,675 | €13,050 | +€11,375 | +679.3% |
| Operating profit (loss) | 9901 | €604 | €12,086 | +€11,481 | +1900.4% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €101 | €105 | +€4 | +3.6% |
| Recurring financial charges | 65 | €101 | €105 | +€4 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | €504 | €11,981 | +€11,477 | +2278.1% |
| Income taxes | 67/77 | €153 | €1,040 | +€887 | +581.2% |
| Profit (loss) for the period | 9904 | €351 | €10,941 | +€10,590 | +3015.6% |
| Profit (loss) for the period to be appropriated | 9905 | €351 | €10,941 | +€10,590 | +3015.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.