JG Management: 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 Management
Largest movements
- Tangible fixed assets -€1,481
down €1,481 (-10.4%), from €14,205 to €12,724
of which Plant, machinery and equipment: -€1,024
- Debts after one year -€11,664
down €11,664 (-33.0%), from €35,295 to €23,631
- Reserves +€8,635
up €8,635 (+322%), from €2,684 to €11,319
- Other debts +€2,028
up €2,028 (+13.5%), from €15,026 to €17,054
- Tax, wage and social debts -€1,249
down €1,249 (-15.5%), from €8,039 to €6,790
of which Taxes: -€1,249
- Trade debts +€1,102
up €1,102 (+48.9%), from €2,255 to €3,357
- Financial income +€5,112
up €5,112 (+12,779,925%), from €0 to €5,112
- Gross operating margin -€2,661
down €2,661 (-17.3%), from €15,385 to €12,724
- Financial charges -€2,582
down €2,582 (-51.2%), from €5,043 to €2,462
- Other operating charges -€1,995
down €1,995 (-84.4%), from €2,363 to €368
- Taxes +€1,140
up €1,140 (+95.1%), from €1,198 to €2,339
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 | €78,653 | €76,815 | -€1,838 | -2.3% |
| Fixed assets | 21/28 | €70,205 | €68,724 | -€1,481 | -2.1% |
| Tangible fixed assets | 22/27 | €14,205 | €12,724 | -€1,481 | -10.4% |
| Plant, machinery and equipment | 23 | €7,266 | €6,242 | -€1,024 | -14.1% |
| Furniture and vehicles | 24 | €6,472 | €6,071 | -€401 | -6.2% |
| Other tangible fixed assets | 26 | €466 | €411 | -€55 | -11.9% |
| Financial fixed assets | 28 | €56,000 | €56,000 | = | 0.0% |
| Current assets | 29/58 | €8,448 | €8,091 | -€357 | -4.2% |
| Cash at bank and in hand | 54/58 | €8,376 | €7,782 | -€594 | -7.1% |
| Deferred charges and accrued income | 490/1 | €73 | €309 | +€237 | +326% |
| Total equity and liabilities | 10/49 | €78,653 | €76,815 | -€1,838 | -2.3% |
| Equity | 10/15 | €5,684 | €14,319 | +€8,635 | +152% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €2,684 | €11,319 | +€8,635 | +322% |
| Distributable reserves | 133 | €2,684 | €11,319 | +€8,635 | +322% |
| Amounts payable | 17/49 | €72,969 | €62,496 | -€10,473 | -14.4% |
| Amounts payable after more than one year | 17 | €35,295 | €23,631 | -€11,664 | -33.0% |
| Financial debts | 170/4 | €35,295 | €23,631 | -€11,664 | -33.0% |
| Amounts payable within one year | 42/48 | €37,674 | €38,866 | +€1,191 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €12,355 | €11,664 | -€690 | -5.6% |
| Trade debts | 44 | €2,255 | €3,357 | +€1,102 | +48.9% |
| Suppliers | 440/4 | €2,255 | €3,357 | +€1,102 | +48.9% |
| Taxes, remuneration and social security | 45 | €8,039 | €6,790 | -€1,249 | -15.5% |
| Taxes | 450/3 | €5,539 | €4,290 | -€1,249 | -22.5% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €15,026 | €17,054 | +€2,028 | +13.5% |
| Non-recurring operating income | 76A | - | €1,733 | +€1,733 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,096 | €4,033 | -€63 | -1.5% |
| Other operating charges | 640/8 | €2,363 | €368 | -€1,995 | -84.4% |
| Gross operating margin | 9900 | €15,385 | €12,724 | -€2,661 | -17.3% |
| Operating profit (loss) | 9901 | €8,926 | €8,323 | -€602 | -6.7% |
| Financial income | 75/76B | €0 | €5,112 | +€5,112 | +12,779,925% |
| Recurring financial income | 75 | €0 | €5,112 | +€5,112 | +12,779,925% |
| Financial charges | 65/66B | €5,043 | €2,462 | -€2,582 | -51.2% |
| Recurring financial charges | 65 | €5,043 | €2,462 | -€2,582 | -51.2% |
| Profit (loss) for the period before taxes | 9903 | €3,882 | €10,974 | +€7,091 | +183% |
| Income taxes | 67/77 | €1,198 | €2,339 | +€1,140 | +95.1% |
| Profit (loss) for the period | 9904 | €2,684 | €8,635 | +€5,951 | +222% |
| Profit (loss) for the period to be appropriated | 9905 | €2,684 | €8,635 | +€5,951 | +222% |
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 25 October 2026 via checked.be.