JGI: 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.
JGI
Largest movements
- Cash -€500,136
down €500,136 (-68.6%), from €729,314 to €229,178
mainly Current investments (-€500,000) and Receivables within one year (-€150,273)
- Current investments +€500,000
new in 2024: €500,000
- Receivables within one year +€150,273
up €150,273 (+25.7%), from €584,374 to €734,648
of which Other amounts receivable: +€158,989
- Deferred charges and accrued income +€80,771
up €80,771 (+223.3%), from €36,173 to €116,944
- Tangible fixed assets +€33,461
up €33,461 (+79.4%), from €42,150 to €75,611
- Reserves +€273,057
up €273,057 (+55.3%), from €493,546 to €766,603
- Tax, wage and social debts -€19,365
down €19,365 (-15.8%), from €122,744 to €103,379
of which Taxes: -€20,865
- Gross operating margin +€73,974
up €73,974 (+78.2%), from €94,610 to €168,584
- Financial income -€23,205
down €23,205 (-10.4%), from €223,690 to €200,485
- Taxes +€23,177
up €23,177 (+42.2%), from €54,960 to €78,137
- Depreciation +€10,471
up €10,471 (+304.2%), from €3,442 to €13,913
- Financial charges -€2,292
down €2,292 (-87.7%), from €2,614 to €322
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 | €1,628,331 | €1,892,701 | +€264,370 | +16.2% |
| Fixed assets | 21/28 | €278,469 | €311,931 | +€33,461 | +12.0% |
| Tangible fixed assets | 22/27 | €42,150 | €75,611 | +€33,461 | +79.4% |
| Furniture and vehicles | 24 | €42,150 | €75,611 | +€33,461 | +79.4% |
| Financial fixed assets | 28 | €236,320 | €236,320 | = | 0.0% |
| Current assets | 29/58 | €1,349,861 | €1,580,770 | +€230,909 | +17.1% |
| Amounts receivable within one year | 40/41 | €584,374 | €734,648 | +€150,273 | +25.7% |
| Trade receivables | 40 | €24,834 | €16,119 | -€8,716 | -35.1% |
| Other amounts receivable | 41 | €559,540 | €718,529 | +€158,989 | +28.4% |
| Current investments | 50/53 | - | €500,000 | +€500,000 | |
| Cash at bank and in hand | 54/58 | €729,314 | €229,178 | -€500,136 | -68.6% |
| Deferred charges and accrued income | 490/1 | €36,173 | €116,944 | +€80,771 | +223.3% |
| Total equity and liabilities | 10/49 | €1,628,331 | €1,892,701 | +€264,370 | +16.2% |
| Equity | 10/15 | €1,501,318 | €1,774,375 | +€273,057 | +18.2% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €493,546 | €766,603 | +€273,057 | +55.3% |
| Distributable reserves | 133 | €493,546 | €766,603 | +€273,057 | +55.3% |
| Profit (loss) carried forward | 14 | €1,001,566 | €1,001,566 | = | 0.0% |
| Amounts payable | 17/49 | €127,013 | €118,326 | -€8,686 | -6.8% |
| Amounts payable within one year | 42/48 | €127,013 | €118,326 | -€8,686 | -6.8% |
| Trade debts | 44 | €4,269 | €14,948 | +€10,679 | +250.1% |
| Suppliers | 440/4 | €4,269 | €14,948 | +€10,679 | +250.1% |
| Taxes, remuneration and social security | 45 | €122,744 | €103,379 | -€19,365 | -15.8% |
| Taxes | 450/3 | €122,744 | €101,879 | -€20,865 | -17.0% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,442 | €13,913 | +€10,471 | +304.2% |
| Other operating charges | 640/8 | €2,901 | €3,641 | +€739 | +25.5% |
| Gross operating margin | 9900 | €94,610 | €168,584 | +€73,974 | +78.2% |
| Operating profit (loss) | 9901 | €88,267 | €151,031 | +€62,764 | +71.1% |
| Financial income | 75/76B | €223,690 | €200,485 | -€23,205 | -10.4% |
| Recurring financial income | 75 | €223,690 | €200,485 | -€23,205 | -10.4% |
| Financial charges | 65/66B | €2,614 | €322 | -€2,292 | -87.7% |
| Recurring financial charges | 65 | €2,614 | €322 | -€2,292 | -87.7% |
| Profit (loss) for the period before taxes | 9903 | €309,343 | €351,193 | +€41,851 | +13.5% |
| Income taxes | 67/77 | €54,960 | €78,137 | +€23,177 | +42.2% |
| Profit (loss) for the period | 9904 | €254,383 | €273,057 | +€18,674 | +7.3% |
| Profit (loss) for the period to be appropriated | 9905 | €254,383 | €273,057 | +€18,674 | +7.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.