JP FINISHING: 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.
JP FINISHING
Largest movements
- Cash +€55,015
up €55,015 (+12.6%), from €437,617 to €492,632
mainly Receivables within one year (+€38,327) and Net result for the year (+€14,013)
- Receivables within one year -€38,327
down €38,327 (-66.6%), from €57,558 to €19,231
of which Trade receivables: -€40,510
- Reserves +€14,013
up €14,013 (+3.0%), from €465,814 to €479,827
of which Distributable reserves: +€14,013
- Write-downs +€23,945
new in 2025: €23,945
- Gross operating margin +€16,489
up €16,489 (+55.4%), from €29,780 to €46,269
- Taxes -€2,935
down €2,935 (-29.0%), from €10,128 to €7,194
- Financial income -€1,133
down €1,133 (-46.5%), from €2,437 to €1,304
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €498,774 | €512,862 | +€14,088 | +2.8% |
| Fixed assets | 21/28 | €533 | €176 | -€358 | -67.1% |
| Tangible fixed assets | 22/27 | €533 | €176 | -€358 | -67.1% |
| Furniture and vehicles | 24 | €533 | €176 | -€358 | -67.1% |
| Current assets | 29/58 | €498,241 | €512,687 | +€14,446 | +2.9% |
| Amounts receivable within one year | 40/41 | €57,558 | €19,231 | -€38,327 | -66.6% |
| Trade receivables | 40 | €49,206 | €8,696 | -€40,510 | -82.3% |
| Other amounts receivable | 41 | €8,352 | €10,535 | +€2,183 | +26.1% |
| Cash at bank and in hand | 54/58 | €437,617 | €492,632 | +€55,015 | +12.6% |
| Deferred charges and accrued income | 490/1 | €3,066 | €824 | -€2,242 | -73.1% |
| Total equity and liabilities | 10/49 | €498,774 | €512,862 | +€14,088 | +2.8% |
| Equity | 10/15 | €485,814 | €499,827 | +€14,013 | +2.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €465,814 | €479,827 | +€14,013 | +3.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €463,814 | €477,827 | +€14,013 | +3.0% |
| Amounts payable | 17/49 | €12,960 | €13,035 | +€76 | +0.6% |
| Amounts payable within one year | 42/48 | €12,882 | €12,903 | +€20 | +0.2% |
| Trade debts | 44 | €2,304 | €4,153 | +€1,848 | +80.2% |
| Suppliers | 440/4 | €2,304 | €4,153 | +€1,848 | +80.2% |
| Taxes, remuneration and social security | 45 | €3,043 | €1,849 | -€1,194 | -39.2% |
| Taxes | 450/3 | €3,043 | €1,849 | -€1,194 | -39.2% |
| Other amounts payable | 47/48 | €7,535 | €6,901 | -€634 | -8.4% |
| Accrued charges and deferred income | 492/3 | €78 | €133 | +€55 | +71.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €542 | €358 | -€184 | -33.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €23,945 | +€23,945 | |
| Other operating charges | 640/8 | €1,430 | €1,643 | +€214 | +14.9% |
| Gross operating margin | 9900 | €29,780 | €46,269 | +€16,489 | +55.4% |
| Operating profit (loss) | 9901 | €27,809 | €20,323 | -€7,486 | -26.9% |
| Financial income | 75/76B | €2,437 | €1,304 | -€1,133 | -46.5% |
| Recurring financial income | 75 | €2,437 | €1,304 | -€1,133 | -46.5% |
| Financial charges | 65/66B | €410 | €421 | +€12 | +2.8% |
| Recurring financial charges | 65 | €410 | €421 | +€12 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €29,836 | €21,206 | -€8,630 | -28.9% |
| Income taxes | 67/77 | €10,128 | €7,194 | -€2,935 | -29.0% |
| Profit (loss) for the period | 9904 | €19,708 | €14,013 | -€5,695 | -28.9% |
| Profit (loss) for the period to be appropriated | 9905 | €19,708 | €14,013 | -€5,695 | -28.9% |
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 7 October 2026 via checked.be.