JP MANAGEMENT: 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 MANAGEMENT
Largest movements
- Receivables within one year -€11,792
down €11,792 (-99.1%), from €11,897 to €105
of which Other amounts receivable: -€10,611
- Cash +€8,840
up €8,840 (+1854.3%), from €477 to €9,317
mainly Receivables within one year (+€11,792) and Other debts (+€2,535)
- Tangible fixed assets -€226
down €226 (-21.5%), from €1,055 to €828
- Profit (loss) carried forward -€2,773
down €2,773 (-39.0%), from -€7,111 to -€9,884
- Other debts +€2,535
up €2,535, from €0 to €2,535
- Trade debts -€1,559
down €1,559 (-96.3%), from €1,620 to €61
- Tax, wage and social debts -€1,380
down €1,380 (-94.6%), from €1,459 to €79
- Other operating charges -€52,722
down €52,722 (-99.7%), from €52,866 to €144
- Purchases and services -€11,124
down €11,124 (-82.4%), from €13,497 to €2,373
- Gross operating margin -€8,108
down €8,108, from €5,855 to -€2,254
- Taxes -€287
no longer reported in 2025 (was €287)
- Financial charges +€176
up €176 (+108.1%), from €162 to €338
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 | €16,428 | €13,250 | -€3,178 | -19.3% |
| Fixed assets | 21/28 | €1,055 | €828 | -€226 | -21.5% |
| Tangible fixed assets | 22/27 | €1,055 | €828 | -€226 | -21.5% |
| Furniture and vehicles | 24 | €1,055 | €828 | -€226 | -21.5% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €15,373 | €12,422 | -€2,951 | -19.2% |
| Amounts receivable after more than one year | 29 | €3,000 | €3,000 | = | 0.0% |
| Other amounts receivable | 291 | €3,000 | €3,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,897 | €105 | -€11,792 | -99.1% |
| Trade receivables | 40 | €1,181 | €0 | -€1,181 | -100.0% |
| Other amounts receivable | 41 | €10,716 | €105 | -€10,611 | -99.0% |
| Cash at bank and in hand | 54/58 | €477 | €9,317 | +€8,840 | +1854.3% |
| Total equity and liabilities | 10/49 | €16,428 | €13,250 | -€3,178 | -19.3% |
| Equity | 10/15 | €13,349 | €10,576 | -€2,773 | -20.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,111 | -€9,884 | -€2,773 | -39.0% |
| Amounts payable | 17/49 | €3,079 | €2,674 | -€405 | -13.1% |
| Amounts payable within one year | 42/48 | €3,079 | €2,674 | -€405 | -13.1% |
| Trade debts | 44 | €1,620 | €61 | -€1,559 | -96.3% |
| Suppliers | 440/4 | €1,620 | €61 | -€1,559 | -96.3% |
| Taxes, remuneration and social security | 45 | €1,459 | €79 | -€1,380 | -94.6% |
| Taxes | 450/3 | €1,459 | €79 | -€1,380 | -94.6% |
| Other amounts payable | 47/48 | €0 | €2,535 | +€2,535 | |
| Goods, raw materials, services and sundry goods | 60/61 | €13,497 | €2,373 | -€11,124 | -82.4% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77 | €226 | +€149 | +192.8% |
| Other operating charges | 640/8 | €52,866 | €144 | -€52,722 | -99.7% |
| Gross operating margin | 9900 | €5,855 | -€2,254 | -€8,108 | |
| Operating profit (loss) | 9901 | -€47,089 | -€2,624 | +€44,464 | +94.4% |
| Financial income | 75/76B | €155 | €189 | +€34 | +22.0% |
| Recurring financial income | 75 | €155 | €189 | +€34 | +22.0% |
| Financial charges | 65/66B | €162 | €338 | +€176 | +108.1% |
| Recurring financial charges | 65 | €162 | €338 | +€176 | +108.1% |
| Profit (loss) for the period before taxes | 9903 | -€47,096 | -€2,773 | +€44,323 | +94.1% |
| Income taxes | 67/77 | €287 | - | -€287 | |
| Profit (loss) for the period | 9904 | -€47,383 | -€2,773 | +€44,610 | +94.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€47,383 | -€2,773 | +€44,610 | +94.1% |
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 4 October 2026 via checked.be.