JP&CO: 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.
JP&CO
Largest movements
- Receivables after one year +€92,750
new in 2025: €92,750
- Financial fixed assets -€88,824
down €88,824 (-4.5%), from €2.0m to €1.9m
- Other debts +€750,841
up €750,841 (+46,928%), from €1,600 to €752,441
- Reserves -€674,491
down €674,491 (-69.2%), from €974,651 to €300,161
- Debts after one year -€100,000
down €100,000 (-13.3%), from €750,000 to €650,000
- Tax, wage and social debts -€30,193
down €30,193 (-71.6%), from €42,193 to €12,000
- Current portion of long-term debt +€24,264
up €24,264 (+24.3%), from €100,000 to €124,264
- Financial income +€215,419
up €215,419 (+3,981,861%), from €5 to €215,424
- Financial charges +€17,068
up €17,068 (+99.2%), from €17,208 to €34,276
- Gross operating margin -€11,811
down €11,811 (-7.8%), from €152,361 to €140,550
- Taxes -€7,617
down €7,617 (-25.6%), from €29,761 to €22,144
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 | €2,026,533 | €2,019,734 | -€6,799 | -0.3% |
| Fixed assets | 21/28 | €1,994,599 | €1,916,911 | -€77,688 | -3.9% |
| Tangible fixed assets | 22/27 | €20,733 | €31,869 | +€11,136 | +53.7% |
| Furniture and vehicles | 24 | €20,733 | €14,236 | -€6,497 | -31.3% |
| Other tangible fixed assets | 26 | - | €17,633 | +€17,633 | |
| Financial fixed assets | 28 | €1,973,866 | €1,885,042 | -€88,824 | -4.5% |
| Current assets | 29/58 | €31,934 | €102,823 | +€70,889 | +222% |
| Amounts receivable after more than one year | 29 | - | €92,750 | +€92,750 | |
| Other amounts receivable | 291 | - | €92,750 | +€92,750 | |
| Amounts receivable within one year | 40/41 | €25,475 | €9,114 | -€16,362 | -64.2% |
| Trade receivables | 40 | €24,200 | - | -€24,200 | |
| Other amounts receivable | 41 | €1,275 | €9,114 | +€7,838 | +615% |
| Cash at bank and in hand | 54/58 | €5,658 | - | -€5,658 | |
| Deferred charges and accrued income | 490/1 | €800 | €959 | +€159 | +19.9% |
| Total equity and liabilities | 10/49 | €2,026,533 | €2,019,734 | -€6,799 | -0.3% |
| Equity | 10/15 | €1,124,651 | €450,161 | -€674,491 | -60.0% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €974,651 | €300,161 | -€674,491 | -69.2% |
| Distributable reserves | 133 | €974,651 | €300,161 | -€674,491 | -69.2% |
| Amounts payable | 17/49 | €901,882 | €1,569,573 | +€667,691 | +74.0% |
| Amounts payable after more than one year | 17 | €750,000 | €650,000 | -€100,000 | -13.3% |
| Financial debts | 170/4 | €750,000 | €650,000 | -€100,000 | -13.3% |
| Amounts payable within one year | 42/48 | €144,655 | €895,070 | +€750,415 | +519% |
| Current portion of amounts payable after more than one year | 42 | €100,000 | €124,264 | +€24,264 | +24.3% |
| Trade debts | 44 | €862 | €6,365 | +€5,503 | +638% |
| Suppliers | 440/4 | €862 | €6,365 | +€5,503 | +638% |
| Taxes, remuneration and social security | 45 | €42,193 | €12,000 | -€30,193 | -71.6% |
| Taxes | 450/3 | €42,193 | €12,000 | -€30,193 | -71.6% |
| Other amounts payable | 47/48 | €1,600 | €752,441 | +€750,841 | +46,928% |
| Accrued charges and deferred income | 492/3 | €7,227 | €24,503 | +€17,276 | +239% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,616 | €7,194 | +€578 | +8.7% |
| Other operating charges | 640/8 | €1,669 | €2,251 | +€581 | +34.8% |
| Gross operating margin | 9900 | €152,361 | €140,550 | -€11,811 | -7.8% |
| Operating profit (loss) | 9901 | €144,075 | €131,106 | -€12,970 | -9.0% |
| Financial income | 75/76B | €5 | €215,424 | +€215,419 | +3,981,861% |
| Recurring financial income | 75 | €5 | €215,424 | +€215,419 | +3,981,861% |
| Financial charges | 65/66B | €17,208 | €34,276 | +€17,068 | +99.2% |
| Recurring financial charges | 65 | €17,208 | €34,276 | +€17,068 | +99.2% |
| Profit (loss) for the period before taxes | 9903 | €126,873 | €312,254 | +€185,381 | +146% |
| Income taxes | 67/77 | €29,761 | €22,144 | -€7,617 | -25.6% |
| Profit (loss) for the period | 9904 | €97,112 | €290,109 | +€192,998 | +199% |
| Profit (loss) for the period to be appropriated | 9905 | €97,112 | €290,109 | +€192,998 | +199% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.