JJC: 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.
JJC
Largest movements
- Cash -€34,075
down €34,075 (-95.3%), from €35,741 to €1,666
mainly Tax, wage and social debts (-€64,173) and Receivables after one year (-€22,155)
- Receivables after one year +€22,155
up €22,155 (+2.4%), from €923,481 to €945,636
- Tangible fixed assets -€17,890
down €17,890 (-3.8%), from €471,918 to €454,027
of which Land and buildings: -€13,227
- Deferred charges and accrued income -€17,820
down €17,820 (-98.7%), from €18,047 to €227
- Tax, wage and social debts -€64,173
down €64,173 (-89.7%), from €71,560 to €7,387
- Gross operating margin +€3,713
up €3,713 (+25.9%), from €14,333 to €18,046
- Taxes +€831
up €831 (+12.9%), from €6,418 to €7,248
- Depreciation -€769
down €769 (-4.2%), from €18,447 to €17,678
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 | €1,663,495 | €1,609,330 | -€54,165 | -3.3% |
| Fixed assets | 21/28 | €471,918 | €454,027 | -€17,890 | -3.8% |
| Tangible fixed assets | 22/27 | €471,918 | €454,027 | -€17,890 | -3.8% |
| Land and buildings | 22 | €379,671 | €366,444 | -€13,227 | -3.5% |
| Plant, machinery and equipment | 23 | €3,707 | €820 | -€2,887 | -77.9% |
| Furniture and vehicles | 24 | €88,539 | €86,763 | -€1,776 | -2.0% |
| Current assets | 29/58 | €1,191,578 | €1,155,303 | -€36,275 | -3.0% |
| Amounts receivable after more than one year | 29 | €923,481 | €945,636 | +€22,155 | +2.4% |
| Other amounts receivable | 291 | €923,481 | €945,636 | +€22,155 | +2.4% |
| Amounts receivable within one year | 40/41 | €214,309 | €207,774 | -€6,535 | -3.0% |
| Other amounts receivable | 41 | €214,309 | €207,774 | -€6,535 | -3.0% |
| Cash at bank and in hand | 54/58 | €35,741 | €1,666 | -€34,075 | -95.3% |
| Deferred charges and accrued income | 490/1 | €18,047 | €227 | -€17,820 | -98.7% |
| Total equity and liabilities | 10/49 | €1,663,495 | €1,609,330 | -€54,165 | -3.3% |
| Equity | 10/15 | €1,589,125 | €1,601,943 | +€12,818 | +0.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,390,660 | €1,403,410 | +€12,750 | +0.9% |
| Distributable reserves | 133 | €1,390,660 | €1,403,410 | +€12,750 | +0.9% |
| Profit (loss) carried forward | 14 | €186,065 | €186,133 | +€68 | 0.0% |
| Amounts payable | 17/49 | €74,370 | €7,387 | -€66,983 | -90.1% |
| Amounts payable within one year | 42/48 | €73,403 | €7,387 | -€66,016 | -89.9% |
| Trade debts | 44 | €1,843 | - | -€1,843 | |
| Suppliers | 440/4 | €1,843 | - | -€1,843 | |
| Taxes, remuneration and social security | 45 | €71,560 | €7,387 | -€64,173 | -89.7% |
| Taxes | 450/3 | €71,560 | €7,387 | -€64,173 | -89.7% |
| Accrued charges and deferred income | 492/3 | €968 | - | -€968 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,447 | €17,678 | -€769 | -4.2% |
| Other operating charges | 640/8 | €2,574 | €2,562 | -€12 | -0.5% |
| Gross operating margin | 9900 | €14,333 | €18,046 | +€3,713 | +25.9% |
| Operating profit (loss) | 9901 | -€6,689 | -€2,195 | +€4,494 | +67.2% |
| Financial income | 75/76B | €22,393 | €22,412 | +€18 | +0.1% |
| Recurring financial income | 75 | €22,393 | €22,412 | +€18 | +0.1% |
| Financial charges | 65/66B | €318 | €150 | -€168 | -52.8% |
| Recurring financial charges | 65 | €318 | €150 | -€168 | -52.8% |
| Profit (loss) for the period before taxes | 9903 | €15,387 | €20,067 | +€4,680 | +30.4% |
| Income taxes | 67/77 | €6,418 | €7,248 | +€831 | +12.9% |
| Profit (loss) for the period | 9904 | €8,969 | €12,818 | +€3,849 | +42.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,969 | €12,818 | +€3,849 | +42.9% |
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 30 October 2026 via checked.be.