JG HOLDING: 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 HOLDING
Largest movements
- Receivables within one year -€159,307
down €159,307 (-43.6%), from €365,307 to €206,000
- Other debts -€408,218
down €408,218 (-48.3%), from €845,780 to €437,562
- Reserves +€309,000
up €309,000 (+60.4%), from €512,000 to €821,000
- Debts after one year -€105,131
down €105,131 (-4.1%), from €2.6m to €2.5m
of which Financial debts: -€105,131
- Financial income -€202,585
down €202,585 (-40.1%), from €505,307 to €302,722
- Financial charges +€38,316
up €38,316 (+117%), from €32,881 to €71,197
- Gross operating margin +€31,295
up €31,295 (+61.5%), from €50,894 to €82,189
- Taxes -€1,075
down €1,075 (-23.5%), from €4,564 to €3,489
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 | €4,097,037 | €3,939,721 | -€157,316 | -3.8% |
| Fixed assets | 21/28 | €3,712,000 | €3,712,000 | = | 0.0% |
| Financial fixed assets | 28 | €3,712,000 | €3,712,000 | = | 0.0% |
| Current assets | 29/58 | €385,037 | €227,721 | -€157,316 | -40.9% |
| Amounts receivable within one year | 40/41 | €365,307 | €206,000 | -€159,307 | -43.6% |
| Other amounts receivable | 41 | €365,307 | €206,000 | -€159,307 | -43.6% |
| Cash at bank and in hand | 54/58 | €19,730 | €19,921 | +€191 | +1.0% |
| Deferred charges and accrued income | 490/1 | - | €1,800 | +€1,800 | |
| Total equity and liabilities | 10/49 | €4,097,037 | €3,939,721 | -€157,316 | -3.8% |
| Equity | 10/15 | €542,538 | €851,763 | +€309,225 | +57.0% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €512,000 | €821,000 | +€309,000 | +60.4% |
| Distributable reserves | 133 | €512,000 | €821,000 | +€309,000 | +60.4% |
| Profit (loss) carried forward | 14 | €538 | €763 | +€225 | +41.9% |
| Amounts payable | 17/49 | €3,554,499 | €3,087,958 | -€466,542 | -13.1% |
| Amounts payable after more than one year | 17 | €2,589,798 | €2,484,667 | -€105,131 | -4.1% |
| Financial debts | 170/4 | €965,798 | €860,667 | -€105,131 | -10.9% |
| Other amounts payable | 178/9 | €1,624,000 | €1,624,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €961,823 | €562,453 | -€399,370 | -41.5% |
| Current portion of amounts payable after more than one year | 42 | €110,153 | €113,741 | +€3,588 | +3.3% |
| Trade debts | 44 | €425 | €1,520 | +€1,095 | +258% |
| Suppliers | 440/4 | €425 | €1,520 | +€1,095 | +258% |
| Taxes, remuneration and social security | 45 | €5,465 | €9,630 | +€4,164 | +76.2% |
| Taxes | 450/3 | €5,465 | €9,630 | +€4,164 | +76.2% |
| Other amounts payable | 47/48 | €845,780 | €437,562 | -€408,218 | -48.3% |
| Accrued charges and deferred income | 492/3 | €2,878 | €40,839 | +€37,960 | +1,319% |
| Other operating charges | 640/8 | €387 | €998 | +€611 | +158% |
| Gross operating margin | 9900 | €50,894 | €82,189 | +€31,295 | +61.5% |
| Operating profit (loss) | 9901 | €50,507 | €81,191 | +€30,684 | +60.8% |
| Financial income | 75/76B | €505,307 | €302,722 | -€202,585 | -40.1% |
| Recurring financial income | 75 | €505,307 | €302,722 | -€202,585 | -40.1% |
| Financial charges | 65/66B | €32,881 | €71,197 | +€38,316 | +117% |
| Recurring financial charges | 65 | €32,881 | €71,197 | +€38,316 | +117% |
| Profit (loss) for the period before taxes | 9903 | €522,932 | €312,715 | -€210,217 | -40.2% |
| Income taxes | 67/77 | €4,564 | €3,489 | -€1,075 | -23.5% |
| Profit (loss) for the period | 9904 | €518,368 | €309,225 | -€209,143 | -40.3% |
| Profit (loss) for the period to be appropriated | 9905 | €518,368 | €309,225 | -€209,143 | -40.3% |
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 18 October 2026 via checked.be.