JJSS: 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.
What changed
JJSS
NACE 55.203, Holiday cottages, homes and apartments
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1,912
2024 · €12,474-€10,562
Equity
€23,449
2024 · €21,537+€1,912
Cash
€37,211
2024 · €33,759+€3,452
Balance sheet total
€402,123
2024 · €420,797-€18,674
Largest movements
Assets
- Tangible fixed assets -€20,213
down €20,213 (-5.3%), from €380,839 to €360,625
of which Land and buildings: -€21,206
Equity and liabilities
- Debts after one year -€28,515
down €28,515 (-9.8%), from €291,083 to €262,568
Income statement
- Gross operating margin -€13,125
down €13,125 (-25.2%), from €52,056 to €38,930
- Taxes -€2,114
down €2,114 (-72.9%), from €2,899 to €785
- Other operating charges -€762
down €762 (-17.8%), from €4,289 to €3,526
- Depreciation +€632
up €632 (+2.6%), from €24,190 to €24,821
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.
Result 2024
€12,474
Gross operating margin
-€13,125
Depreciation
-€632
Other operating charges
+€762
Financial income
+€18
Financial charges
+€300
Taxes
+€2,114
Result 2025
€1,912
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.
From operations
+€33,936
Investment
-€4,343
Financing
-€26,141
Cash 2024
€33,759
From operations (derived)
+€33,936
Net result for the year
+€1,912
Depreciation
+€24,821
Receivables within one year
+€2,525
Deferred charges and accrued income
-€876
Trade debts
+€3,627
Tax, wage and social debts
+€176
Advances received
+€1,724
Accrued charges and deferred income
+€27
Investment (derived)
-€4,343
Investment in fixed assets (net)
-€4,343
Financing
-€26,141
Debts after one year
-€28,515
Current portion of long-term debt
+€2,375
Cash 2025
€37,211
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €420,797 | €402,123 | -€18,674 | -4.4% |
| Fixed assets | 21/28 | €381,103 | €360,625 | -€20,478 | -5.4% |
| Intangible fixed assets | 21 | €265 | - | -€265 | |
| Tangible fixed assets | 22/27 | €380,839 | €360,625 | -€20,213 | -5.3% |
| Land and buildings | 22 | €367,903 | €346,696 | -€21,206 | -5.8% |
| Plant, machinery and equipment | 23 | €6,711 | €10,183 | +€3,472 | +51.7% |
| Furniture and vehicles | 24 | €6,225 | €3,746 | -€2,479 | -39.8% |
| Current assets | 29/58 | €39,694 | €41,497 | +€1,804 | +4.5% |
| Amounts receivable within one year | 40/41 | €2,984 | €459 | -€2,525 | -84.6% |
| Trade receivables | 40 | €2,984 | - | -€2,984 | |
| Other amounts receivable | 41 | - | €459 | +€459 | |
| Cash at bank and in hand | 54/58 | €33,759 | €37,211 | +€3,452 | +10.2% |
| Deferred charges and accrued income | 490/1 | €2,951 | €3,827 | +€876 | +29.7% |
| Total equity and liabilities | 10/49 | €420,797 | €402,123 | -€18,674 | -4.4% |
| Equity | 10/15 | €21,537 | €23,449 | +€1,912 | +8.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €16,000 | €18,000 | +€2,000 | +12.5% |
| Distributable reserves | 133 | €16,000 | €18,000 | +€2,000 | +12.5% |
| Profit (loss) carried forward | 14 | €537 | €449 | -€88 | -16.4% |
| Amounts payable | 17/49 | €399,260 | €378,674 | -€20,586 | -5.2% |
| Amounts payable after more than one year | 17 | €291,083 | €262,568 | -€28,515 | -9.8% |
| Financial debts | 170/4 | €291,083 | €262,568 | -€28,515 | -9.8% |
| Amounts payable within one year | 42/48 | €105,136 | €113,038 | +€7,902 | +7.5% |
| Current portion of amounts payable after more than one year | 42 | €95,799 | €98,173 | +€2,375 | +2.5% |
| Trade debts | 44 | €2,137 | €5,764 | +€3,627 | +169.7% |
| Suppliers | 440/4 | €2,137 | €5,764 | +€3,627 | +169.7% |
| Advances received on contracts in progress | 46 | €3,396 | €5,120 | +€1,724 | +50.8% |
| Taxes, remuneration and social security | 45 | €3,508 | €3,684 | +€176 | +5.0% |
| Taxes | 450/3 | €3,508 | €3,684 | +€176 | +5.0% |
| Other amounts payable | 47/48 | €296 | €296 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,041 | €3,068 | +€27 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,190 | €24,821 | +€632 | +2.6% |
| Other operating charges | 640/8 | €4,289 | €3,526 | -€762 | -17.8% |
| Gross operating margin | 9900 | €52,056 | €38,930 | -€13,125 | -25.2% |
| Operating profit (loss) | 9901 | €23,577 | €10,583 | -€12,995 | -55.1% |
| Financial income | 75/76B | - | €18 | +€18 | |
| Recurring financial income | 75 | - | €18 | +€18 | |
| Financial charges | 65/66B | €8,204 | €7,904 | -€300 | -3.7% |
| Recurring financial charges | 65 | €8,204 | €7,904 | -€300 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | €15,373 | €2,697 | -€12,677 | -82.5% |
| Income taxes | 67/77 | €2,899 | €785 | -€2,114 | -72.9% |
| Profit (loss) for the period | 9904 | €12,474 | €1,912 | -€10,562 | -84.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,474 | €1,912 | -€10,562 | -84.7% |
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 3 October 2026 via checked.be.