JP's: 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's
Largest movements
- Deferred charges and accrued income -€12,692
down €12,692 (-67.7%), from €18,735 to €6,043
- Cash +€11,610
up €11,610 (+36.8%), from €31,548 to €43,159
mainly Depreciation (+€23,152) and Deferred charges and accrued income (+€12,692)
- Tangible fixed assets +€5,803
up €5,803 (+7.8%), from €74,640 to €80,443
of which Furniture and vehicles: +€17,203
- Stocks and contracts -€3,087
down €3,087 (-38.3%), from €8,054 to €4,967
- Debts after one year -€14,571
down €14,571 (-26.6%), from €54,695 to €40,123
- Profit (loss) carried forward +€10,202
up €10,202 (+40.2%), from €25,391 to €35,593
- Tax, wage and social debts +€5,341
up €5,341 (+74.0%), from €7,218 to €12,559
of which Remuneration and social security: +€3,141
- Current portion of long-term debt +€5,299
up €5,299 (+159%), from €3,325 to €8,624
- Trade debts +€3,635
up €3,635 (+1,357%), from €268 to €3,903
- Depreciation +€5,410
up €5,410 (+30.5%), from €17,742 to €23,152
- Other operating charges -€3,577
down €3,577 (-70.3%), from €5,091 to €1,514
- Staff costs -€2,429
down €2,429 (-10.5%), from €23,157 to €20,728
- Financial charges +€853
up €853 (+51.5%), from €1,656 to €2,509
of which Non-recurring financial charges: +€1,094
- Taxes +€691
up €691 (+30.8%), from €2,242 to €2,933
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 | €133,477 | €135,444 | +€1,967 | +1.5% |
| Fixed assets | 21/28 | €75,140 | €81,018 | +€5,878 | +7.8% |
| Tangible fixed assets | 22/27 | €74,640 | €80,443 | +€5,803 | +7.8% |
| Plant, machinery and equipment | 23 | €14,666 | €15,398 | +€732 | +5.0% |
| Furniture and vehicles | 24 | €3,344 | €20,547 | +€17,203 | +515% |
| Leasing and similar rights | 25 | €48,780 | €33,952 | -€14,828 | -30.4% |
| Other tangible fixed assets | 26 | €7,851 | €10,547 | +€2,696 | +34.3% |
| Financial fixed assets | 28 | €500 | €575 | +€75 | +15.0% |
| Current assets | 29/58 | €58,337 | €54,425 | -€3,911 | -6.7% |
| Stocks and contracts in progress | 3 | €8,054 | €4,967 | -€3,087 | -38.3% |
| Stocks | 30/36 | €8,054 | €4,967 | -€3,087 | -38.3% |
| Amounts receivable within one year | 40/41 | - | €257 | +€257 | |
| Other amounts receivable | 41 | - | €257 | +€257 | |
| Cash at bank and in hand | 54/58 | €31,548 | €43,159 | +€11,610 | +36.8% |
| Deferred charges and accrued income | 490/1 | €18,735 | €6,043 | -€12,692 | -67.7% |
| Total equity and liabilities | 10/49 | €133,477 | €135,444 | +€1,967 | +1.5% |
| Equity | 10/15 | €35,129 | €45,331 | +€10,202 | +29.0% |
| Reserves | 13 | €9,738 | €9,738 | = | 0.0% |
| Distributable reserves | 133 | €9,738 | €9,738 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,391 | €35,593 | +€10,202 | +40.2% |
| Amounts payable | 17/49 | €98,348 | €90,113 | -€8,235 | -8.4% |
| Amounts payable after more than one year | 17 | €54,695 | €40,123 | -€14,571 | -26.6% |
| Financial debts | 170/4 | €54,695 | €40,123 | -€14,571 | -26.6% |
| Amounts payable within one year | 42/48 | €41,222 | €49,989 | +€8,768 | +21.3% |
| Current portion of amounts payable after more than one year | 42 | €3,325 | €8,624 | +€5,299 | +159% |
| Financial debts | 43 | €10,642 | €7,121 | -€3,521 | -33.1% |
| Other loans | 439 | €10,642 | €7,121 | -€3,521 | -33.1% |
| Trade debts | 44 | €268 | €3,903 | +€3,635 | +1,357% |
| Suppliers | 440/4 | €268 | €3,903 | +€3,635 | +1,357% |
| Taxes, remuneration and social security | 45 | €7,218 | €12,559 | +€5,341 | +74.0% |
| Taxes | 450/3 | €3,437 | €5,637 | +€2,200 | +64.0% |
| Remuneration and social security | 454/9 | €3,781 | €6,922 | +€3,141 | +83.1% |
| Other amounts payable | 47/48 | €19,770 | €17,783 | -€1,986 | -10.0% |
| Accrued charges and deferred income | 492/3 | €2,431 | - | -€2,431 | |
| Non-recurring operating income | 76A | €13,430 | - | -€13,430 | |
| Remuneration, social security and pensions | 62 | €23,157 | €20,728 | -€2,429 | -10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,742 | €23,152 | +€5,410 | +30.5% |
| Other operating charges | 640/8 | €5,091 | €1,514 | -€3,577 | -70.3% |
| Non-recurring operating charges | 66A | €400 | €414 | +€14 | +3.6% |
| Gross operating margin | 9900 | €60,820 | €61,447 | +€627 | +1.0% |
| Operating profit (loss) | 9901 | €14,429 | €15,638 | +€1,209 | +8.4% |
| Financial income | 75/76B | €130 | €6 | -€124 | -95.2% |
| Recurring financial income | 75 | €130 | €6 | -€124 | -95.2% |
| Financial charges | 65/66B | €1,656 | €2,509 | +€853 | +51.5% |
| Recurring financial charges | 65 | €1,656 | €1,415 | -€241 | -14.6% |
| Non-recurring financial charges | 66B | - | €1,094 | +€1,094 | |
| Profit (loss) for the period before taxes | 9903 | €12,903 | €13,135 | +€232 | +1.8% |
| Income taxes | 67/77 | €2,242 | €2,933 | +€691 | +30.8% |
| Profit (loss) for the period | 9904 | €10,661 | €10,202 | -€459 | -4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,661 | €10,202 | -€459 | -4.3% |
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.