JP Concepts: 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 Concepts
Largest movements
- Cash -€30,948
down €30,948 (-41.4%), from €74,750 to €43,802
mainly Other debts (-€67,098) and Investment in fixed assets (net) (-€55,573)
- Receivables within one year -€29,683
down €29,683 (-56.2%), from €52,793 to €23,110
of which Trade receivables: -€26,559
- Stocks and contracts -€6,500
down €6,500 (-40.6%), from €16,000 to €9,500
- Other debts -€67,098
down €67,098 (-92.5%), from €72,569 to €5,471
- Profit (loss) carried forward +€23,064
up €23,064, from -€23,064 to €0
- Reserves -€20,272
down €20,272 (-28.0%), from €72,490 to €52,218
- Debts after one year -€19,764
down €19,764 (-8.8%), from €223,588 to €203,824
- Current portion of long-term debt +€12,486
up €12,486 (+45.8%), from €27,257 to €39,743
- Gross operating margin +€21,181
up €21,181 (+10.7%), from €198,384 to €219,564
- Staff costs -€5,183
down €5,183 (-3.3%), from €155,629 to €150,447
- Depreciation -€2,966
down €2,966 (-5.1%), from €57,711 to €54,745
- Financial charges +€2,940
up €2,940 (+54.2%), from €5,420 to €8,360
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 | €456,039 | €387,464 | -€68,575 | -15.0% |
| Fixed assets | 21/28 | €310,224 | €311,052 | +€828 | +0.3% |
| Tangible fixed assets | 22/27 | €310,224 | €311,052 | +€828 | +0.3% |
| Land and buildings | 22 | €223,277 | €227,015 | +€3,738 | +1.7% |
| Plant, machinery and equipment | 23 | €72,643 | €76,734 | +€4,091 | +5.6% |
| Furniture and vehicles | 24 | €14,303 | €7,302 | -€7,001 | -48.9% |
| Current assets | 29/58 | €145,815 | €76,413 | -€69,403 | -47.6% |
| Stocks and contracts in progress | 3 | €16,000 | €9,500 | -€6,500 | -40.6% |
| Stocks | 30/36 | €16,000 | €9,500 | -€6,500 | -40.6% |
| Amounts receivable within one year | 40/41 | €52,793 | €23,110 | -€29,683 | -56.2% |
| Trade receivables | 40 | €41,088 | €14,529 | -€26,559 | -64.6% |
| Other amounts receivable | 41 | €11,705 | €8,582 | -€3,124 | -26.7% |
| Cash at bank and in hand | 54/58 | €74,750 | €43,802 | -€30,948 | -41.4% |
| Deferred charges and accrued income | 490/1 | €2,272 | €0 | -€2,272 | -100% |
| Total equity and liabilities | 10/49 | €456,039 | €387,464 | -€68,575 | -15.0% |
| Equity | 10/15 | €79,426 | €82,218 | +€2,792 | +3.5% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €72,490 | €52,218 | -€20,272 | -28.0% |
| Distributable reserves | 133 | €72,490 | €52,218 | -€20,272 | -28.0% |
| Profit (loss) carried forward | 14 | -€23,064 | €0 | +€23,064 | |
| Amounts payable | 17/49 | €376,613 | €305,246 | -€71,367 | -18.9% |
| Amounts payable after more than one year | 17 | €223,588 | €203,824 | -€19,764 | -8.8% |
| Financial debts | 170/4 | €223,588 | €203,824 | -€19,764 | -8.8% |
| Amounts payable within one year | 42/48 | €153,025 | €101,422 | -€51,603 | -33.7% |
| Current portion of amounts payable after more than one year | 42 | €27,257 | €39,743 | +€12,486 | +45.8% |
| Trade debts | 44 | €22,025 | €17,325 | -€4,700 | -21.3% |
| Suppliers | 440/4 | €22,025 | €17,325 | -€4,700 | -21.3% |
| Taxes, remuneration and social security | 45 | €31,173 | €38,882 | +€7,709 | +24.7% |
| Taxes | 450/3 | €13,888 | €21,344 | +€7,456 | +53.7% |
| Remuneration and social security | 454/9 | €17,285 | €17,538 | +€253 | +1.5% |
| Other amounts payable | 47/48 | €72,569 | €5,471 | -€67,098 | -92.5% |
| Remuneration, social security and pensions | 62 | €155,629 | €150,447 | -€5,183 | -3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,711 | €54,745 | -€2,966 | -5.1% |
| Other operating charges | 640/8 | €2,849 | €3,100 | +€252 | +8.8% |
| Gross operating margin | 9900 | €198,384 | €219,564 | +€21,181 | +10.7% |
| Operating profit (loss) | 9901 | -€17,805 | €11,272 | +€29,077 | |
| Financial income | 75/76B | €161 | €65 | -€96 | -59.6% |
| Recurring financial income | 75 | €161 | €65 | -€96 | -59.6% |
| Financial charges | 65/66B | €5,420 | €8,360 | +€2,940 | +54.2% |
| Recurring financial charges | 65 | €5,420 | €8,360 | +€2,940 | +54.2% |
| Profit (loss) for the period before taxes | 9903 | -€23,064 | €2,977 | +€26,041 | |
| Income taxes | 67/77 | - | €185 | +€185 | |
| Profit (loss) for the period | 9904 | -€23,064 | €2,792 | +€25,857 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,064 | €2,792 | +€25,857 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.