JJJ: 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.
JJJ
Largest movements
- Receivables within one year +€224,130
up €224,130 (+21.8%), from €1.0m to €1.3m
of which Trade receivables: +€161,837
- Cash +€88,203
new in 2024: €88,203
mainly Other debts (+€266,050) and Depreciation (+€58,405)
- Tangible fixed assets -€58,405
down €58,405 (-5.9%), from €986,010 to €927,605
of which Land and buildings: -€55,206
- Other debts +€266,050
up €266,050 (+43.4%), from €612,483 to €878,533
- Staff costs -€193,066
no longer reported in 2024 (was €193,066)
- Gross operating margin -€180,013
down €180,013 (-67.3%), from €267,284 to €87,271
- Other operating charges +€10,598
new in 2024: €10,598
- Depreciation -€4,547
down €4,547 (-7.2%), from €62,952 to €58,405
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.
Derived cash bridge
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 | €4,793,563 | €5,047,491 | +€253,928 | +5.3% |
| Fixed assets | 21/28 | €2,968,528 | €2,910,123 | -€58,405 | -2.0% |
| Tangible fixed assets | 22/27 | €986,010 | €927,605 | -€58,405 | -5.9% |
| Land and buildings | 22 | €974,902 | €919,696 | -€55,206 | -5.7% |
| Plant, machinery and equipment | 23 | €4,282 | €3,359 | -€923 | -21.6% |
| Furniture and vehicles | 24 | €6,826 | €4,550 | -€2,276 | -33.3% |
| Financial fixed assets | 28 | €1,982,518 | €1,982,518 | = | 0.0% |
| Current assets | 29/58 | €1,825,035 | €2,137,368 | +€312,333 | +17.1% |
| Amounts receivable after more than one year | 29 | €750,000 | €750,000 | = | 0.0% |
| Other amounts receivable | 291 | €750,000 | €750,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,029,245 | €1,253,375 | +€224,130 | +21.8% |
| Trade receivables | 40 | €620,013 | €781,850 | +€161,837 | +26.1% |
| Other amounts receivable | 41 | €409,232 | €471,525 | +€62,293 | +15.2% |
| Cash at bank and in hand | 54/58 | - | €88,203 | +€88,203 | |
| Deferred charges and accrued income | 490/1 | €45,790 | €45,790 | = | 0.0% |
| Total equity and liabilities | 10/49 | €4,793,563 | €5,047,491 | +€253,928 | +5.3% |
| Equity | 10/15 | €2,352,759 | €2,346,226 | -€6,533 | -0.3% |
| Contributions | 10/11 | €3,243,370 | €3,243,370 | = | 0.0% |
| Capital | 10 | €3,243,370 | - | -€3.2m | |
| Issued capital | 100 | €3,243,370 | - | -€3.2m | |
| Reserves | 13 | €23,720 | €23,720 | = | 0.0% |
| Non-distributable reserves | 130/1 | €23,720 | €23,720 | = | 0.0% |
| Reserves not available under the articles | 1311 | €23,720 | €23,720 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€914,331 | -€920,864 | -€6,533 | -0.7% |
| Amounts payable | 17/49 | €2,440,804 | €2,701,265 | +€260,461 | +10.7% |
| Amounts payable after more than one year | 17 | €1,666,028 | €1,624,944 | -€41,084 | -2.5% |
| Financial debts | 170/4 | €1,666,028 | €1,624,944 | -€41,084 | -2.5% |
| Amounts payable within one year | 42/48 | €774,776 | €1,076,321 | +€301,545 | +38.9% |
| Current portion of amounts payable after more than one year | 42 | €39,475 | €41,084 | +€1,609 | +4.1% |
| Financial debts | 43 | €1,715 | - | -€1,715 | |
| Credit institutions | 430/8 | €1,715 | - | -€1,715 | |
| Trade debts | 44 | €22,219 | €56,705 | +€34,486 | +155% |
| Suppliers | 440/4 | €22,219 | €56,705 | +€34,486 | +155% |
| Taxes, remuneration and social security | 45 | €98,884 | €99,999 | +€1,115 | +1.1% |
| Taxes | 450/3 | €68,014 | €67,644 | -€370 | -0.5% |
| Remuneration and social security | 454/9 | €30,870 | €32,355 | +€1,485 | +4.8% |
| Other amounts payable | 47/48 | €612,483 | €878,533 | +€266,050 | +43.4% |
| Remuneration, social security and pensions | 62 | €193,066 | - | -€193,066 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,952 | €58,405 | -€4,547 | -7.2% |
| Other operating charges | 640/8 | - | €10,598 | +€10,598 | |
| Gross operating margin | 9900 | €267,284 | €87,271 | -€180,013 | -67.3% |
| Operating profit (loss) | 9901 | €11,266 | €18,268 | +€7,002 | +62.2% |
| Financial income | 75/76B | - | €813 | +€813 | |
| Recurring financial income | 75 | - | €813 | +€813 | |
| Financial charges | 65/66B | €19,509 | €20,274 | +€765 | +3.9% |
| Recurring financial charges | 65 | €19,509 | €20,274 | +€765 | +3.9% |
| Profit (loss) for the period before taxes | 9903 | -€8,243 | -€1,193 | +€7,050 | +85.5% |
| Income taxes | 67/77 | €4,533 | €5,340 | +€807 | +17.8% |
| Profit (loss) for the period | 9904 | -€12,776 | -€6,533 | +€6,243 | +48.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,776 | -€6,533 | +€6,243 | +48.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.