JG Enterprise: 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.
JG Enterprise
Largest movements
- Tangible fixed assets -€10,234
down €10,234 (-21.1%), from €48,526 to €38,292
- Receivables within one year -€5,527
down €5,527 (-25.1%), from €22,015 to €16,488
of which Other amounts receivable: -€4,904
- Deferred charges and accrued income +€2,719
up €2,719 (+1,707%), from €159 to €2,878
- Cash +€1,559
up €1,559 (+9.2%), from €16,907 to €18,465
mainly Depreciation (+€10,234) and Receivables within one year (+€5,527)
- Debts after one year -€9,269
down €9,269 (-23.8%), from €38,976 to €29,707
- Profit (loss) carried forward -€4,860
new in 2025: -€4,860
- Trade debts +€1,242
up €1,242 (+148%), from €841 to €2,082
- Tax, wage and social debts +€1,003
up €1,003 (+32.8%), from €3,054 to €4,057
- Gross operating margin -€15,776
down €15,776 (-63.3%), from €24,942 to €9,166
- Depreciation +€8,082
up €8,082 (+376%), from €2,152 to €10,234
- Financial charges -€6,620
down €6,620 (-77.2%), from €8,570 to €1,950
of which Non-recurring financial charges: -€7,504
- Taxes -€1,326
no longer reported in 2025 (was €1,326)
- Other operating charges +€1,174
up €1,174 (+176%), from €667 to €1,842
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 | €87,607 | €76,123 | -€11,483 | -13.1% |
| Fixed assets | 21/28 | €48,526 | €38,292 | -€10,234 | -21.1% |
| Tangible fixed assets | 22/27 | €48,526 | €38,292 | -€10,234 | -21.1% |
| Furniture and vehicles | 24 | €48,526 | €38,292 | -€10,234 | -21.1% |
| Current assets | 29/58 | €39,080 | €37,831 | -€1,249 | -3.2% |
| Amounts receivable within one year | 40/41 | €22,015 | €16,488 | -€5,527 | -25.1% |
| Trade receivables | 40 | €11,501 | €10,877 | -€623 | -5.4% |
| Other amounts receivable | 41 | €10,514 | €5,610 | -€4,904 | -46.6% |
| Cash at bank and in hand | 54/58 | €16,907 | €18,465 | +€1,559 | +9.2% |
| Deferred charges and accrued income | 490/1 | €159 | €2,878 | +€2,719 | +1,707% |
| Total equity and liabilities | 10/49 | €87,607 | €76,123 | -€11,483 | -13.1% |
| Equity | 10/15 | €35,868 | €31,009 | -€4,860 | -13.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €32,868 | €32,868 | = | 0.0% |
| Distributable reserves | 133 | €32,868 | €32,868 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€4,860 | -€4,860 | |
| Amounts payable | 17/49 | €51,738 | €45,115 | -€6,624 | -12.8% |
| Amounts payable after more than one year | 17 | €38,976 | €29,707 | -€9,269 | -23.8% |
| Financial debts | 170/4 | €38,976 | €29,707 | -€9,269 | -23.8% |
| Amounts payable within one year | 42/48 | €12,763 | €15,408 | +€2,645 | +20.7% |
| Current portion of amounts payable after more than one year | 42 | €8,868 | €9,269 | +€401 | +4.5% |
| Trade debts | 44 | €841 | €2,082 | +€1,242 | +148% |
| Suppliers | 440/4 | €841 | €2,082 | +€1,242 | +148% |
| Taxes, remuneration and social security | 45 | €3,054 | €4,057 | +€1,003 | +32.8% |
| Taxes | 450/3 | €3,054 | €4,057 | +€1,003 | +32.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,152 | €10,234 | +€8,082 | +376% |
| Other operating charges | 640/8 | €667 | €1,842 | +€1,174 | +176% |
| Gross operating margin | 9900 | €24,942 | €9,166 | -€15,776 | -63.3% |
| Operating profit (loss) | 9901 | €22,123 | -€2,910 | -€25,033 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €8,570 | €1,950 | -€6,620 | -77.2% |
| Recurring financial charges | 65 | €1,066 | €1,950 | +€884 | +82.9% |
| Non-recurring financial charges | 66B | €7,504 | - | -€7,504 | |
| Profit (loss) for the period before taxes | 9903 | €13,553 | -€4,860 | -€18,413 | |
| Income taxes | 67/77 | €1,326 | - | -€1,326 | |
| Profit (loss) for the period | 9904 | €12,228 | -€4,860 | -€17,087 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,228 | -€4,860 | -€17,087 |
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 15 October 2026 via checked.be.