JGC: 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.
JGC
Largest movements
- Stocks and contracts -€49,250
down €49,250 (-98.5%), from €50,000 to €750
- Cash +€39,526
up €39,526 (+2973.6%), from €1,329 to €40,856
mainly Stocks and contracts (+€49,250) and Trade debts (+€20,443)
- Tangible fixed assets -€781
down €781 (-47.7%), from €1,637 to €856
- Advances received -€23,400
down €23,400 (-100.0%), from €23,400 to €0
- Trade debts +€20,443
new in 2024: €20,443
- Other debts -€15,556
down €15,556 (-47.6%), from €32,666 to €17,110
- Profit (loss) carried forward +€4,796
up €4,796 (+31.1%), from €15,398 to €20,194
- Tax, wage and social debts +€3,561
up €3,561 (+122.7%), from €2,902 to €6,463
- Gross operating margin -€9,907
down €9,907 (-49.0%), from €20,228 to €10,320
- Other operating charges -€1,362
down €1,362 (-52.1%), from €2,614 to €1,252
- Taxes +€1,212
new in 2024: €1,212
- Financial charges +€770
up €770 (+51.0%), from €1,510 to €2,280
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €76,366 | €66,210 | -€10,156 | -13.3% |
| Fixed assets | 21/28 | €1,637 | €856 | -€781 | -47.7% |
| Tangible fixed assets | 22/27 | €1,637 | €856 | -€781 | -47.7% |
| Furniture and vehicles | 24 | €1,637 | €856 | -€781 | -47.7% |
| Current assets | 29/58 | €74,729 | €65,354 | -€9,375 | -12.5% |
| Stocks and contracts in progress | 3 | €50,000 | €750 | -€49,250 | -98.5% |
| Stocks | 30/36 | €50,000 | €750 | -€49,250 | -98.5% |
| Amounts receivable within one year | 40/41 | €23,400 | €23,748 | +€348 | +1.5% |
| Trade receivables | 40 | €23,400 | €23,748 | +€348 | +1.5% |
| Cash at bank and in hand | 54/58 | €1,329 | €40,856 | +€39,526 | +2973.6% |
| Total equity and liabilities | 10/49 | €76,366 | €66,210 | -€10,156 | -13.3% |
| Equity | 10/15 | €17,398 | €22,194 | +€4,796 | +27.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,398 | €20,194 | +€4,796 | +31.1% |
| Amounts payable | 17/49 | €58,969 | €44,017 | -€14,952 | -25.4% |
| Amounts payable within one year | 42/48 | €58,969 | €44,017 | -€14,952 | -25.4% |
| Trade debts | 44 | - | €20,443 | +€20,443 | |
| Suppliers | 440/4 | - | €20,443 | +€20,443 | |
| Advances received on contracts in progress | 46 | €23,400 | €0 | -€23,400 | -100.0% |
| Taxes, remuneration and social security | 45 | €2,902 | €6,463 | +€3,561 | +122.7% |
| Taxes | 450/3 | €2,902 | €6,463 | +€3,561 | +122.7% |
| Other amounts payable | 47/48 | €32,666 | €17,110 | -€15,556 | -47.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €706 | €781 | +€75 | +10.6% |
| Other operating charges | 640/8 | €2,614 | €1,252 | -€1,362 | -52.1% |
| Gross operating margin | 9900 | €20,228 | €10,320 | -€9,907 | -49.0% |
| Operating profit (loss) | 9901 | €16,908 | €8,288 | -€8,620 | -51.0% |
| Financial charges | 65/66B | €1,510 | €2,280 | +€770 | +51.0% |
| Recurring financial charges | 65 | €1,510 | €2,280 | +€770 | +51.0% |
| Profit (loss) for the period before taxes | 9903 | €15,398 | €6,008 | -€9,390 | -61.0% |
| Income taxes | 67/77 | - | €1,212 | +€1,212 | |
| Profit (loss) for the period | 9904 | €15,398 | €4,796 | -€10,601 | -68.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,398 | €4,796 | -€10,601 | -68.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.