JJ PERFORMANCE GROUP: 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.
JJ PERFORMANCE GROUP
Largest movements
- Tangible fixed assets +€837,579
up €837,579 (+66.9%), from €1.3m to €2.1m
of which Land and buildings: +€838,933
- Cash -€24,738
down €24,738 (-90.6%), from €27,315 to €2,577
mainly Investment in fixed assets (net) (-€881,360) and Net result for the year (-€7,257)
- Debts after one year +€762,348
up €762,348 (+110.9%), from €687,721 to €1.5m
- Other debts +€53,102
up €53,102 (+9.6%), from €554,919 to €608,021
- Depreciation +€9,219
up €9,219 (+26.7%), from €34,562 to €43,780
- Gross operating margin -€4,359
down €4,359 (-6.3%), from €68,819 to €64,460
- Other operating charges +€3,117
up €3,117 (+34.1%), from €9,148 to €12,265
- Financial charges -€894
down €894 (-5.4%), from €16,579 to €15,685
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 | €1,313,691 | €2,139,688 | +€825,997 | +62.9% |
| Fixed assets | 21/28 | €1,252,606 | €2,090,185 | +€837,579 | +66.9% |
| Tangible fixed assets | 22/27 | €1,252,606 | €2,090,185 | +€837,579 | +66.9% |
| Land and buildings | 22 | €1,251,139 | €2,090,072 | +€838,933 | +67.1% |
| Plant, machinery and equipment | 23 | €329 | €25 | -€304 | -92.3% |
| Furniture and vehicles | 24 | €1,137 | €88 | -€1,050 | -92.3% |
| Current assets | 29/58 | €61,085 | €49,503 | -€11,582 | -19.0% |
| Amounts receivable within one year | 40/41 | €33,770 | €40,621 | +€6,851 | +20.3% |
| Trade receivables | 40 | €643 | €7,494 | +€6,851 | +1066.0% |
| Other amounts receivable | 41 | €33,127 | €33,127 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €27,315 | €2,577 | -€24,738 | -90.6% |
| Deferred charges and accrued income | 490/1 | - | €6,305 | +€6,305 | |
| Total equity and liabilities | 10/49 | €1,313,691 | €2,139,688 | +€825,997 | +62.9% |
| Equity | 10/15 | €13,518 | €6,261 | -€7,257 | -53.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Outside capital | 11 | - | €18,600 | +€18,600 | |
| Other | 1109/19 | - | €18,600 | +€18,600 | |
| Profit (loss) carried forward | 14 | -€5,082 | -€12,339 | -€7,257 | -142.8% |
| Amounts payable | 17/49 | €1,300,173 | €2,133,427 | +€833,255 | +64.1% |
| Amounts payable after more than one year | 17 | €687,721 | €1,450,069 | +€762,348 | +110.9% |
| Financial debts | 170/4 | €687,721 | €1,450,069 | +€762,348 | +110.9% |
| Amounts payable within one year | 42/48 | €612,452 | €678,108 | +€65,657 | +10.7% |
| Current portion of amounts payable after more than one year | 42 | €42,797 | €43,652 | +€855 | +2.0% |
| Financial debts | 43 | - | €9,500 | +€9,500 | |
| Credit institutions | 430/8 | - | €9,500 | +€9,500 | |
| Trade debts | 44 | €5,614 | €13,501 | +€7,887 | +140.5% |
| Suppliers | 440/4 | €5,614 | €13,501 | +€7,887 | +140.5% |
| Taxes, remuneration and social security | 45 | €9,122 | €3,435 | -€5,687 | -62.3% |
| Taxes | 450/3 | €9,122 | €3,435 | -€5,687 | -62.3% |
| Other amounts payable | 47/48 | €554,919 | €608,021 | +€53,102 | +9.6% |
| Accrued charges and deferred income | 492/3 | - | €5,250 | +€5,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,562 | €43,780 | +€9,219 | +26.7% |
| Other operating charges | 640/8 | €9,148 | €12,265 | +€3,117 | +34.1% |
| Gross operating margin | 9900 | €68,819 | €64,460 | -€4,359 | -6.3% |
| Operating profit (loss) | 9901 | €25,109 | €8,415 | -€16,694 | -66.5% |
| Financial income | 75/76B | €8 | €18 | +€10 | +122.8% |
| Recurring financial income | 75 | €8 | €18 | +€10 | +122.8% |
| Financial charges | 65/66B | €16,579 | €15,685 | -€894 | -5.4% |
| Recurring financial charges | 65 | €16,579 | €15,685 | -€894 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €8,538 | -€7,252 | -€15,790 | |
| Income taxes | 67/77 | €2 | €5 | +€3 | +130.0% |
| Profit (loss) for the period | 9904 | €8,536 | -€7,257 | -€15,793 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,536 | -€7,257 | -€15,793 |
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 8 October 2026 via checked.be.