JG GLOBAL SERVICES: 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.
JG GLOBAL SERVICES
Largest movements
- Cash -€28,981
down €28,981 (-30.9%), from €93,726 to €64,746
mainly Receivables within one year (-€28,340) and Net result for the year (-€5,252)
- Receivables within one year +€28,340
up €28,340 (+498.2%), from €5,688 to €34,028
of which Trade receivables: +€26,312
- Tangible fixed assets -€5,998
down €5,998 (-17.0%), from €35,344 to €29,346
of which Plant, machinery and equipment: -€4,228
- Profit (loss) carried forward -€5,252
down €5,252 (-7.4%), from €70,853 to €65,601
- Debts after one year -€4,632
down €4,632 (-92.1%), from €5,027 to €395
- Trade debts +€3,417
new in 2025: €3,417
- Other debts -€2,012
down €2,012 (-6.3%), from €32,061 to €30,049
- Financial charges -€8,194
down €8,194 (-88.7%), from €9,239 to €1,045
- Staff costs +€6,000
up €6,000, from -€5,769 to €231
- Gross operating margin +€3,207
up €3,207 (+101.8%), from €3,152 to €6,359
- Depreciation -€647
down €647 (-8.7%), from €7,416 to €6,769
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 | €139,869 | €132,146 | -€7,724 | -5.5% |
| Fixed assets | 21/28 | €35,344 | €29,346 | -€5,998 | -17.0% |
| Tangible fixed assets | 22/27 | €35,344 | €29,346 | -€5,998 | -17.0% |
| Plant, machinery and equipment | 23 | €31,885 | €27,657 | -€4,228 | -13.3% |
| Furniture and vehicles | 24 | €3,459 | €1,689 | -€1,770 | -51.2% |
| Current assets | 29/58 | €104,525 | €102,800 | -€1,726 | -1.7% |
| Stocks and contracts in progress | 3 | €4,993 | €3,901 | -€1,092 | -21.9% |
| Stocks | 30/36 | €4,993 | €3,901 | -€1,092 | -21.9% |
| Amounts receivable within one year | 40/41 | €5,688 | €34,028 | +€28,340 | +498.2% |
| Trade receivables | 40 | €2,861 | €29,173 | +€26,312 | +919.6% |
| Other amounts receivable | 41 | €2,827 | €4,855 | +€2,028 | +71.7% |
| Cash at bank and in hand | 54/58 | €93,726 | €64,746 | -€28,981 | -30.9% |
| Deferred charges and accrued income | 490/1 | €118 | €124 | +€7 | +5.6% |
| Total equity and liabilities | 10/49 | €139,869 | €132,146 | -€7,724 | -5.5% |
| Equity | 10/15 | €98,353 | €93,101 | -€5,252 | -5.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €70,853 | €65,601 | -€5,252 | -7.4% |
| Amounts payable | 17/49 | €41,516 | €39,044 | -€2,472 | -6.0% |
| Amounts payable after more than one year | 17 | €5,027 | €395 | -€4,632 | -92.1% |
| Financial debts | 170/4 | €5,027 | €395 | -€4,632 | -92.1% |
| Amounts payable within one year | 42/48 | €36,489 | €38,649 | +€2,160 | +5.9% |
| Current portion of amounts payable after more than one year | 42 | €4,428 | €4,632 | +€204 | +4.6% |
| Trade debts | 44 | - | €3,417 | +€3,417 | |
| Suppliers | 440/4 | - | €3,417 | +€3,417 | |
| Taxes, remuneration and social security | 45 | - | €551 | +€551 | |
| Taxes | 450/3 | - | €551 | +€551 | |
| Other amounts payable | 47/48 | €32,061 | €30,049 | -€2,012 | -6.3% |
| Non-recurring operating income | 76A | €8,784 | - | -€8,784 | |
| Remuneration, social security and pensions | 62 | -€5,769 | €231 | +€6,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,416 | €6,769 | -€647 | -8.7% |
| Other operating charges | 640/8 | €3,586 | €3,566 | -€20 | -0.5% |
| Gross operating margin | 9900 | €3,152 | €6,359 | +€3,207 | +101.8% |
| Operating profit (loss) | 9901 | -€2,081 | -€4,206 | -€2,126 | -102.2% |
| Financial charges | 65/66B | €9,239 | €1,045 | -€8,194 | -88.7% |
| Recurring financial charges | 65 | €9,239 | €1,045 | -€8,194 | -88.7% |
| Profit (loss) for the period before taxes | 9903 | -€11,320 | -€5,252 | +€6,068 | +53.6% |
| Profit (loss) for the period | 9904 | -€11,320 | -€5,252 | +€6,068 | +53.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,320 | -€5,252 | +€6,068 | +53.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.