JHJ FINANCES: 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.
JHJ FINANCES
Largest movements
- Intangible fixed assets -€31,429
down €31,429 (-15.9%), from €197,699 to €166,270
- Cash +€17,009
up €17,009 (+33.2%), from €51,210 to €68,220
mainly Depreciation (+€31,429) and Tax, wage and social debts (+€6,975)
- Deferred charges and accrued income +€7,398
up €7,398 (+270%), from €2,736 to €10,134
- Receivables within one year +€6,670
up €6,670 (+38.6%), from €17,291 to €23,962
of which Trade receivables: +€5,851
- Debts after one year -€13,592
down €13,592 (-4.8%), from €280,434 to €266,841
of which Financial debts: -€13,592
- Tax, wage and social debts +€6,975
up €6,975 (+87.0%), from €8,013 to €14,988
of which Remuneration and social security: +€6,361
- Profit (loss) carried forward +€4,850
up €4,850 (+11.2%), from -€43,434 to -€38,584
- Gross operating margin +€119,472
up €119,472 (+272%), from €43,858 to €163,330
- Staff costs +€60,534
up €60,534 (+96.7%), from €62,611 to €123,145
- Depreciation +€9,127
up €9,127 (+40.9%), from €22,301 to €31,429
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 | €268,937 | €268,585 | -€352 | -0.1% |
| Fixed assets | 21/28 | €197,699 | €166,270 | -€31,429 | -15.9% |
| Intangible fixed assets | 21 | €197,699 | €166,270 | -€31,429 | -15.9% |
| Current assets | 29/58 | €71,238 | €102,315 | +€31,077 | +43.6% |
| Amounts receivable within one year | 40/41 | €17,291 | €23,962 | +€6,670 | +38.6% |
| Trade receivables | 40 | €17,291 | €23,142 | +€5,851 | +33.8% |
| Other amounts receivable | 41 | - | €820 | +€820 | |
| Cash at bank and in hand | 54/58 | €51,210 | €68,220 | +€17,009 | +33.2% |
| Deferred charges and accrued income | 490/1 | €2,736 | €10,134 | +€7,398 | +270% |
| Total equity and liabilities | 10/49 | €268,937 | €268,585 | -€352 | -0.1% |
| Equity | 10/15 | -€38,434 | -€33,584 | +€4,850 | +12.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,434 | -€38,584 | +€4,850 | +11.2% |
| Amounts payable | 17/49 | €307,371 | €302,169 | -€5,201 | -1.7% |
| Amounts payable after more than one year | 17 | €280,434 | €266,841 | -€13,592 | -4.8% |
| Financial debts | 170/4 | €80,409 | €66,816 | -€13,592 | -16.9% |
| Other amounts payable | 178/9 | €200,025 | €200,025 | = | 0.0% |
| Amounts payable within one year | 42/48 | €26,937 | €35,328 | +€8,391 | +31.2% |
| Current portion of amounts payable after more than one year | 42 | €13,162 | €13,584 | +€422 | +3.2% |
| Trade debts | 44 | €5,762 | €6,755 | +€993 | +17.2% |
| Suppliers | 440/4 | €5,762 | €6,755 | +€993 | +17.2% |
| Taxes, remuneration and social security | 45 | €8,013 | €14,988 | +€6,975 | +87.0% |
| Taxes | 450/3 | €282 | €897 | +€614 | +218% |
| Remuneration and social security | 454/9 | €7,731 | €14,091 | +€6,361 | +82.3% |
| Remuneration, social security and pensions | 62 | €62,611 | €123,145 | +€60,534 | +96.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,301 | €31,429 | +€9,127 | +40.9% |
| Other operating charges | 640/8 | €499 | €502 | +€3 | +0.6% |
| Gross operating margin | 9900 | €43,858 | €163,330 | +€119,472 | +272% |
| Operating profit (loss) | 9901 | -€41,554 | €8,254 | +€49,808 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,598 | €2,790 | +€1,192 | +74.6% |
| Recurring financial charges | 65 | €1,598 | €2,790 | +€1,192 | +74.6% |
| Profit (loss) for the period before taxes | 9903 | -€43,151 | €5,464 | +€48,616 | |
| Income taxes | 67/77 | €282 | €614 | +€332 | +118% |
| Profit (loss) for the period | 9904 | -€43,434 | €4,850 | +€48,284 | |
| Profit (loss) for the period to be appropriated | 9905 | -€43,434 | €4,850 | +€48,284 |
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 29 October 2026 via checked.be.