JG 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 SERVICES
Largest movements
- Receivables within one year +€88,932
up €88,932 (+504.2%), from €17,637 to €106,568
of which Trade receivables: +€87,314
- Deferred charges and accrued income -€8,731
down €8,731 (-96.3%), from €9,066 to €335
- Cash +€4,725
up €4,725 (+73.4%), from €6,441 to €11,166
mainly Trade debts (+€93,105) and Deferred charges and accrued income (+€8,731)
- Trade debts +€93,105
up €93,105 (+1654.9%), from €5,626 to €98,731
- Other debts -€4,177
down €4,177 (-21.2%), from €19,673 to €15,496
- Profit (loss) carried forward -€2,226
down €2,226, from €190 to -€2,036
- Gross operating margin -€2,089
down €2,089 (-70.9%), from €2,945 to €856
- Depreciation +€401
up €401 (+25.0%), from €1,603 to €2,004
- Other operating charges -€229
down €229 (-27.4%), from €835 to €606
- Financial charges -€103
down €103 (-19.1%), from €538 to €435
- Financial income +€99
new in 2025: €99
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 | €38,037 | €123,029 | +€84,992 | +223.4% |
| Fixed assets | 21/28 | €4,893 | €4,960 | +€67 | +1.4% |
| Tangible fixed assets | 22/27 | €4,893 | €4,960 | +€67 | +1.4% |
| Plant, machinery and equipment | 23 | €4,467 | €3,215 | -€1,252 | -28.0% |
| Furniture and vehicles | 24 | €426 | €1,745 | +€1,319 | +309.9% |
| Current assets | 29/58 | €33,144 | €118,069 | +€84,925 | +256.2% |
| Amounts receivable within one year | 40/41 | €17,637 | €106,568 | +€88,932 | +504.2% |
| Trade receivables | 40 | €16,172 | €103,485 | +€87,314 | +539.9% |
| Other amounts receivable | 41 | €1,465 | €3,083 | +€1,618 | +110.4% |
| Cash at bank and in hand | 54/58 | €6,441 | €11,166 | +€4,725 | +73.4% |
| Deferred charges and accrued income | 490/1 | €9,066 | €335 | -€8,731 | -96.3% |
| Total equity and liabilities | 10/49 | €38,037 | €123,029 | +€84,992 | +223.4% |
| Equity | 10/15 | €3,555 | €1,328 | -€2,226 | -62.6% |
| Contributions | 10/11 | €1,400 | €1,400 | = | 0.0% |
| Reserves | 13 | €1,964 | €1,964 | = | 0.0% |
| Distributable reserves | 133 | €1,964 | €1,964 | = | 0.0% |
| Profit (loss) carried forward | 14 | €190 | -€2,036 | -€2,226 | |
| Amounts payable | 17/49 | €34,482 | €121,701 | +€87,219 | +252.9% |
| Amounts payable within one year | 42/48 | €33,099 | €121,301 | +€88,202 | +266.5% |
| Trade debts | 44 | €5,626 | €98,731 | +€93,105 | +1654.9% |
| Suppliers | 440/4 | €5,626 | €98,731 | +€93,105 | +1654.9% |
| Taxes, remuneration and social security | 45 | €7,800 | €7,074 | -€726 | -9.3% |
| Taxes | 450/3 | €7,800 | €7,074 | -€726 | -9.3% |
| Other amounts payable | 47/48 | €19,673 | €15,496 | -€4,177 | -21.2% |
| Accrued charges and deferred income | 492/3 | €1,383 | €400 | -€983 | -71.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,603 | €2,004 | +€401 | +25.0% |
| Other operating charges | 640/8 | €835 | €606 | -€229 | -27.4% |
| Gross operating margin | 9900 | €2,945 | €856 | -€2,089 | -70.9% |
| Operating profit (loss) | 9901 | €507 | -€1,754 | -€2,262 | |
| Financial income | 75/76B | - | €99 | +€99 | |
| Recurring financial income | 75 | - | €99 | +€99 | |
| Financial charges | 65/66B | €538 | €435 | -€103 | -19.1% |
| Recurring financial charges | 65 | €538 | €435 | -€103 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | -€30 | -€2,090 | -€2,060 | -6822.1% |
| Income taxes | 67/77 | €87 | €137 | +€49 | +56.5% |
| Profit (loss) for the period | 9904 | -€117 | -€2,226 | -€2,109 | -1795.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€117 | -€2,226 | -€2,109 | -1795.0% |
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 6 October 2026 via checked.be.