jj2060: 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.
jj2060
Largest movements
- Stocks and contracts +€127,554
up €127,554 (+7.1%), from €1.8m to €1.9m
- Receivables after one year +€39,893
new in 2025: €39,893
- Advances received +€806,729
new in 2025: €806,729
- Short-term financial debts -€321,142
down €321,142 (-35.2%), from €913,000 to €591,858
- Current portion of long-term debt -€310,000
no longer reported in 2025 (was €310,000)
- Profit (loss) carried forward -€66,697
down €66,697 (-51.2%), from -€130,190 to -€196,887
- Debts after one year +€56,068
up €56,068 (+9.3%), from €600,793 to €656,861
- Financial charges -€86,284
down €86,284 (-57.7%), from €149,451 to €63,167
- Gross operating margin -€31,689
down €31,689 (-87.8%), from €36,108 to €4,419
- Other operating charges -€8,958
down €8,958 (-57.5%), from €15,584 to €6,626
- Staff costs +€2,725
new in 2025: €2,725
- Financial income +€1,401
new in 2025: €1,401
of which Financial income: +€793
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 | €1,803,967 | €1,972,180 | +€168,213 | +9.3% |
| Current assets | 29/58 | €1,803,967 | €1,972,180 | +€168,213 | +9.3% |
| Amounts receivable after more than one year | 29 | - | €39,893 | +€39,893 | |
| Other amounts receivable | 291 | - | €39,893 | +€39,893 | |
| Stocks and contracts in progress | 3 | €1,797,558 | €1,925,113 | +€127,554 | +7.1% |
| Stocks | 30/36 | €1,797,558 | €1,925,113 | +€127,554 | +7.1% |
| Cash at bank and in hand | 54/58 | €6,209 | €7,174 | +€964 | +15.5% |
| Deferred charges and accrued income | 490/1 | €199 | - | -€199 | |
| Total equity and liabilities | 10/49 | €1,803,967 | €1,972,180 | +€168,213 | +9.3% |
| Equity | 10/15 | -€127,690 | -€194,387 | -€66,697 | -52.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€130,190 | -€196,887 | -€66,697 | -51.2% |
| Amounts payable | 17/49 | €1,931,656 | €2,166,567 | +€234,911 | +12.2% |
| Amounts payable after more than one year | 17 | €600,793 | €656,861 | +€56,068 | +9.3% |
| Financial debts | 170/4 | €600,793 | €656,861 | +€56,068 | +9.3% |
| Amounts payable within one year | 42/48 | €1,330,863 | €1,509,706 | +€178,842 | +13.4% |
| Current portion of amounts payable after more than one year | 42 | €310,000 | - | -€310,000 | |
| Financial debts | 43 | €913,000 | €591,858 | -€321,142 | -35.2% |
| Credit institutions | 430/8 | €913,000 | €591,858 | -€321,142 | -35.2% |
| Trade debts | 44 | €57,863 | €71,340 | +€13,477 | +23.3% |
| Suppliers | 440/4 | €57,863 | €71,340 | +€13,477 | +23.3% |
| Advances received on contracts in progress | 46 | - | €806,729 | +€806,729 | |
| Taxes, remuneration and social security | 45 | - | €778 | +€778 | |
| Remuneration and social security | 454/9 | - | €778 | +€778 | |
| Other amounts payable | 47/48 | €50,000 | €39,000 | -€11,000 | -22.0% |
| Remuneration, social security and pensions | 62 | - | €2,725 | +€2,725 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,262 | - | -€1,262 | |
| Other operating charges | 640/8 | €15,584 | €6,626 | -€8,958 | -57.5% |
| Gross operating margin | 9900 | €36,108 | €4,419 | -€31,689 | -87.8% |
| Operating profit (loss) | 9901 | €19,262 | -€4,932 | -€24,193 | |
| Financial income | 75/76B | - | €1,401 | +€1,401 | |
| Recurring financial income | 75 | - | €793 | +€793 | |
| Non-recurring financial income | 76B | - | €608 | +€608 | |
| Financial charges | 65/66B | €149,451 | €63,167 | -€86,284 | -57.7% |
| Recurring financial charges | 65 | €149,451 | €63,167 | -€86,284 | -57.7% |
| Profit (loss) for the period before taxes | 9903 | -€130,190 | -€66,697 | +€63,492 | +48.8% |
| Profit (loss) for the period | 9904 | -€130,190 | -€66,697 | +€63,492 | +48.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€130,190 | -€66,697 | +€63,492 | +48.8% |
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.