JG Energy: what changed
JG Energy
Largest movements
- Cash -€79,438
down €79,438 (-63.3%), from €125,437 to €46,000
mainly Trade debts (-€54,044) and Investment in fixed assets (net) (-€28,898)
- Receivables within one year -€42,704
down €42,704 (-31.1%), from €137,328 to €94,624
of which Trade receivables: -€43,760
- Stocks and contracts +€24,028
up €24,028 (+30.8%), from €77,923 to €101,951
- Tangible fixed assets +€16,443
up €16,443 (+51.3%), from €32,032 to €48,474
of which Plant, machinery and equipment: +€21,907
- Trade debts -€54,044
down €54,044 (-75.6%), from €71,461 to €17,417
- Other debts -€18,781
down €18,781 (-12.7%), from €148,397 to €129,616
- Advances received -€11,567
no longer reported in 2025 (was €11,567)
- Write-downs +€23,005
new in 2025: €23,005
- Gross operating margin +€5,440
up €5,440 (+12.9%), from €42,302 to €47,743
- Depreciation -€2,557
down €2,557 (-17.0%), from €15,012 to €12,455
- Financial charges +€1,355
up €1,355 (+16.8%), from €8,056 to €9,411
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €374,100 | €292,488 | -€81,613 | -21.8% |
| Fixed assets | 21/28 | €32,032 | €48,474 | +€16,443 | +51.3% |
| Tangible fixed assets | 22/27 | €32,032 | €48,474 | +€16,443 | +51.3% |
| Plant, machinery and equipment | 23 | €25,482 | €47,389 | +€21,907 | +86.0% |
| Furniture and vehicles | 24 | €6,550 | €1,086 | -€5,464 | -83.4% |
| Current assets | 29/58 | €342,069 | €244,013 | -€98,055 | -28.7% |
| Stocks and contracts in progress | 3 | €77,923 | €101,951 | +€24,028 | +30.8% |
| Stocks | 30/36 | €77,923 | €101,951 | +€24,028 | +30.8% |
| Amounts receivable within one year | 40/41 | €137,328 | €94,624 | -€42,704 | -31.1% |
| Trade receivables | 40 | €137,328 | €93,568 | -€43,760 | -31.9% |
| Other amounts receivable | 41 | - | €1,056 | +€1,056 | |
| Cash at bank and in hand | 54/58 | €125,437 | €46,000 | -€79,438 | -63.3% |
| Deferred charges and accrued income | 490/1 | €1,380 | €1,439 | +€59 | +4.3% |
| Total equity and liabilities | 10/49 | €374,100 | €292,488 | -€81,613 | -21.8% |
| Equity | 10/15 | €133,063 | €134,005 | +€942 | +0.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €120,663 | €121,605 | +€942 | +0.8% |
| 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 | €118,803 | €119,745 | +€942 | +0.8% |
| Amounts payable | 17/49 | €241,037 | €158,483 | -€82,554 | -34.2% |
| Amounts payable within one year | 42/48 | €233,217 | €147,435 | -€85,782 | -36.8% |
| Trade debts | 44 | €71,461 | €17,417 | -€54,044 | -75.6% |
| Suppliers | 440/4 | €71,461 | €17,417 | -€54,044 | -75.6% |
| Advances received on contracts in progress | 46 | €11,567 | - | -€11,567 | |
| Taxes, remuneration and social security | 45 | €1,793 | €402 | -€1,390 | -77.6% |
| Taxes | 450/3 | €1,793 | €402 | -€1,390 | -77.6% |
| Other amounts payable | 47/48 | €148,397 | €129,616 | -€18,781 | -12.7% |
| Accrued charges and deferred income | 492/3 | €7,820 | €11,048 | +€3,228 | +41.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,012 | €12,455 | -€2,557 | -17.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €23,005 | +€23,005 | |
| Other operating charges | 640/8 | €280 | €351 | +€71 | +25.5% |
| Gross operating margin | 9900 | €42,302 | €47,743 | +€5,440 | +12.9% |
| Operating profit (loss) | 9901 | €27,010 | €11,931 | -€15,079 | -55.8% |
| Financial income | 75/76B | €612 | €490 | -€122 | -20.0% |
| Recurring financial income | 75 | €612 | €490 | -€122 | -20.0% |
| Financial charges | 65/66B | €8,056 | €9,411 | +€1,355 | +16.8% |
| Recurring financial charges | 65 | €8,056 | €9,411 | +€1,355 | +16.8% |
| Profit (loss) for the period before taxes | 9903 | €19,567 | €3,010 | -€16,557 | -84.6% |
| Income taxes | 67/77 | €537 | €402 | -€135 | -25.1% |
| Profit (loss) for the period | 9904 | €19,030 | €2,608 | -€16,422 | -86.3% |
| Profit (loss) for the period to be appropriated | 9905 | €19,030 | €2,608 | -€16,422 | -86.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.