JNJ MANAGEMENT: 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.
JNJ MANAGEMENT
Largest movements
- Tangible fixed assets +€1.4m
up €1.4m (+808%), from €177,230 to €1.6m
of which Land and buildings: +€1.4m
- Receivables within one year -€55,000
no longer reported in 2025 (was €55,000)
- Debts after one year +€1.3m
up €1.3m (+642%), from €206,780 to €1.5m
of which Financial debts: +€1.3m
- Other debts +€110,472
up €110,472 (+60.8%), from €181,554 to €292,026
- Profit (loss) carried forward -€77,115
new in 2025: -€77,115
- Write-downs +€175,000
new in 2025: €175,000
- Financial income -€80,000
down €80,000 (-100.0%), from €80,000 to €0
- Gross operating margin +€28,012
up €28,012 (+22.6%), from €123,759 to €151,772
- Taxes -€25,889
down €25,889 (-92.2%), from €28,084 to €2,195
- Purchases and services +€18,751
up €18,751 (+19.5%), from €95,925 to €114,676
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 | €1,500,279 | €2,877,041 | +€1.4m | +91.8% |
| Fixed assets | 21/28 | €1,427,230 | €2,858,548 | +€1.4m | +100% |
| Tangible fixed assets | 22/27 | €177,230 | €1,608,548 | +€1.4m | +808% |
| Land and buildings | 22 | €165,878 | €1,543,442 | +€1.4m | +830% |
| Plant, machinery and equipment | 23 | €11,352 | €7,020 | -€4,332 | -38.2% |
| Furniture and vehicles | 24 | - | €58,086 | +€58,086 | |
| Financial fixed assets | 28 | €1,250,000 | €1,250,000 | = | 0.0% |
| Current assets | 29/58 | €73,049 | €18,493 | -€54,557 | -74.7% |
| Amounts receivable within one year | 40/41 | €55,000 | - | -€55,000 | |
| Other amounts receivable | 41 | €55,000 | - | -€55,000 | |
| Cash at bank and in hand | 54/58 | €18,049 | €18,493 | +€443 | +2.5% |
| Total equity and liabilities | 10/49 | €1,500,279 | €2,877,041 | +€1.4m | +91.8% |
| Equity | 10/15 | €961,125 | €884,010 | -€77,115 | -8.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €942,525 | €942,525 | = | 0.0% |
| Distributable reserves | 133 | €942,525 | €942,525 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€77,115 | -€77,115 | |
| Amounts payable | 17/49 | €539,154 | €1,993,031 | +€1.5m | +270% |
| Amounts payable after more than one year | 17 | €206,780 | €1,535,022 | +€1.3m | +642% |
| Financial debts | 170/4 | €206,780 | €1,519,372 | +€1.3m | +635% |
| Other amounts payable | 178/9 | - | €15,650 | +€15,650 | |
| Amounts payable within one year | 42/48 | €332,375 | €458,009 | +€125,634 | +37.8% |
| Current portion of amounts payable after more than one year | 42 | €108,689 | €129,643 | +€20,954 | +19.3% |
| Trade debts | 44 | €7,871 | €25,679 | +€17,809 | +226% |
| Suppliers | 440/4 | €7,871 | €25,679 | +€17,809 | +226% |
| Taxes, remuneration and social security | 45 | €34,261 | €10,661 | -€23,601 | -68.9% |
| Taxes | 450/3 | €34,261 | €10,661 | -€23,601 | -68.9% |
| Other amounts payable | 47/48 | €181,554 | €292,026 | +€110,472 | +60.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €95,925 | €114,676 | +€18,751 | +19.5% |
| Remuneration, social security and pensions | 62 | €2,763 | €1,776 | -€987 | -35.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,758 | €28,028 | +€10,270 | +57.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €175,000 | +€175,000 | |
| Other operating charges | 640/8 | €285 | €3,585 | +€3,300 | +1,156% |
| Gross operating margin | 9900 | €123,759 | €151,772 | +€28,012 | +22.6% |
| Operating profit (loss) | 9901 | €102,953 | -€56,618 | -€159,571 | |
| Financial income | 75/76B | €80,000 | €0 | -€80,000 | -100.0% |
| Recurring financial income | 75 | €80,000 | €0 | -€80,000 | -100.0% |
| Financial charges | 65/66B | €9,927 | €18,303 | +€8,376 | +84.4% |
| Recurring financial charges | 65 | €9,927 | €18,303 | +€8,376 | +84.4% |
| Profit (loss) for the period before taxes | 9903 | €173,027 | -€74,920 | -€247,946 | |
| Income taxes | 67/77 | €28,084 | €2,195 | -€25,889 | -92.2% |
| Profit (loss) for the period | 9904 | €144,943 | -€77,115 | -€222,058 | |
| Profit (loss) for the period to be appropriated | 9905 | €144,943 | -€77,115 | -€222,058 |
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 20 October 2026 via checked.be.