JI: 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.
JI
Largest movements
- Receivables within one year -€30,939
down €30,939 (-71.9%), from €43,023 to €12,084
of which Trade receivables: -€36,063
- Cash -€6,853
down €6,853 (-71.1%), from €9,644 to €2,791
mainly Trade debts (-€27,847) and Tax, wage and social debts (-€6,245)
- Tangible fixed assets -€1,020
down €1,020 (-63.5%), from €1,607 to €587
of which Plant, machinery and equipment: -€685
- Trade debts -€27,847
down €27,847 (-69.3%), from €40,159 to €12,312
- Tax, wage and social debts -€6,245
down €6,245 (-39.2%), from €15,944 to €9,700
- Other debts -€3,069
down €3,069 (-20.8%), from €14,758 to €11,690
- Profit (loss) carried forward -€1,429
down €1,429 (-4.5%), from -€32,027 to -€33,456
- Taxes -€2,677
down €2,677 (-34.9%), from €7,677 to €5,000
- Financial charges +€1,896
up €1,896 (+72.3%), from €2,623 to €4,519
- Other operating charges -€754
down €754 (-37.3%), from €2,022 to €1,268
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 | €57,435 | €18,846 | -€38,589 | -67.2% |
| Fixed assets | 21/28 | €2,107 | €1,087 | -€1,020 | -48.4% |
| Tangible fixed assets | 22/27 | €1,607 | €587 | -€1,020 | -63.5% |
| Plant, machinery and equipment | 23 | €901 | €216 | -€685 | -76.0% |
| Furniture and vehicles | 24 | €706 | €371 | -€335 | -47.5% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €55,328 | €17,759 | -€37,569 | -67.9% |
| Stocks and contracts in progress | 3 | €2,660 | €2,883 | +€223 | +8.4% |
| Stocks | 30/36 | €2,660 | €2,883 | +€223 | +8.4% |
| Amounts receivable within one year | 40/41 | €43,023 | €12,084 | -€30,939 | -71.9% |
| Trade receivables | 40 | €38,303 | €2,240 | -€36,063 | -94.2% |
| Other amounts receivable | 41 | €4,721 | €9,844 | +€5,123 | +108.5% |
| Cash at bank and in hand | 54/58 | €9,644 | €2,791 | -€6,853 | -71.1% |
| Total equity and liabilities | 10/49 | €57,435 | €18,846 | -€38,589 | -67.2% |
| Equity | 10/15 | -€13,427 | -€14,856 | -€1,429 | -10.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,027 | -€33,456 | -€1,429 | -4.5% |
| Amounts payable | 17/49 | €70,862 | €33,702 | -€37,160 | -52.4% |
| Amounts payable within one year | 42/48 | €70,862 | €33,702 | -€37,160 | -52.4% |
| Trade debts | 44 | €40,159 | €12,312 | -€27,847 | -69.3% |
| Suppliers | 440/4 | €40,159 | €12,312 | -€27,847 | -69.3% |
| Taxes, remuneration and social security | 45 | €15,944 | €9,700 | -€6,245 | -39.2% |
| Taxes | 450/3 | €15,944 | €9,700 | -€6,245 | -39.2% |
| Other amounts payable | 47/48 | €14,758 | €11,690 | -€3,069 | -20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €994 | €1,020 | +€26 | +2.6% |
| Other operating charges | 640/8 | €2,022 | €1,268 | -€754 | -37.3% |
| Gross operating margin | 9900 | €10,072 | €10,157 | +€86 | +0.9% |
| Operating profit (loss) | 9901 | €7,055 | €7,869 | +€814 | +11.5% |
| Financial income | 75/76B | €237 | €221 | -€17 | -7.0% |
| Recurring financial income | 75 | €237 | €221 | -€17 | -7.0% |
| Financial charges | 65/66B | €2,623 | €4,519 | +€1,896 | +72.3% |
| Recurring financial charges | 65 | €2,623 | €4,519 | +€1,896 | +72.3% |
| Profit (loss) for the period before taxes | 9903 | €4,669 | €3,571 | -€1,098 | -23.5% |
| Income taxes | 67/77 | €7,677 | €5,000 | -€2,677 | -34.9% |
| Profit (loss) for the period | 9904 | -€3,007 | -€1,429 | +€1,578 | +52.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,007 | -€1,429 | +€1,578 | +52.5% |
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 1 October 2026 via checked.be.