JPB VISION: 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.
JPB VISION
Largest movements
- Receivables within one year +€30,471
up €30,471 (+208.0%), from €14,646 to €45,117
of which Trade receivables: +€19,683
- Cash -€8,462
down €8,462 (-69.4%), from €12,194 to €3,732
mainly Receivables within one year (-€30,471)
- Tangible fixed assets -€2,645
down €2,645 (-50.0%), from €5,290 to €2,645
- Tax, wage and social debts +€7,682
up €7,682 (+81.6%), from €9,413 to €17,095
of which Taxes: +€10,968
- Profit (loss) carried forward +€6,632
up €6,632 (+32.4%), from €20,465 to €27,097
- Trade debts +€4,636
up €4,636 (+391.7%), from €1,183 to €5,819
- Turnover -€101,038
no longer reported in 2025 (was €101,038)
- Purchases and services -€46,611
no longer reported in 2025 (was €46,611)
- Financial charges +€15,711
up €15,711 (+51.7%), from €30,403 to €46,113
of which Financial charges: +€44,249
- Gross operating margin +€9,235
up €9,235 (+17.0%), from €54,427 to €63,662
- Taxes +€7,450
new in 2025: €7,450
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 | €33,062 | €52,011 | +€18,949 | +57.3% |
| Formation expenses | 20 | €829 | €415 | -€415 | -50.0% |
| Fixed assets | 21/28 | €5,392 | €2,747 | -€2,645 | -49.1% |
| Tangible fixed assets | 22/27 | €5,290 | €2,645 | -€2,645 | -50.0% |
| Furniture and vehicles | 24 | €5,290 | €2,645 | -€2,645 | -50.0% |
| Financial fixed assets | 28 | €102 | €102 | = | 0.0% |
| Current assets | 29/58 | €26,840 | €48,849 | +€22,009 | +82.0% |
| Amounts receivable within one year | 40/41 | €14,646 | €45,117 | +€30,471 | +208.0% |
| Trade receivables | 40 | €12,291 | €31,974 | +€19,683 | +160.1% |
| Other amounts receivable | 41 | €2,355 | €13,142 | +€10,787 | +458.1% |
| Cash at bank and in hand | 54/58 | €12,194 | €3,732 | -€8,462 | -69.4% |
| Total equity and liabilities | 10/49 | €33,062 | €52,011 | +€18,949 | +57.3% |
| Equity | 10/15 | €22,465 | €29,097 | +€6,632 | +29.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | - | -€2,000 | |
| Issued capital | 100 | €2,000 | - | -€2,000 | |
| Profit (loss) carried forward | 14 | €20,465 | €27,097 | +€6,632 | +32.4% |
| Amounts payable | 17/49 | €10,597 | €22,914 | +€12,317 | +116.2% |
| Amounts payable within one year | 42/48 | €10,597 | €22,914 | +€12,317 | +116.2% |
| Trade debts | 44 | €1,183 | €5,819 | +€4,636 | +391.7% |
| Suppliers | 440/4 | €1,183 | €5,819 | +€4,636 | +391.7% |
| Taxes, remuneration and social security | 45 | €9,413 | €17,095 | +€7,682 | +81.6% |
| Taxes | 450/3 | €6,127 | €17,095 | +€10,968 | +179.0% |
| Remuneration and social security | 454/9 | €3,287 | - | -€3,287 | |
| Turnover | 70 | €101,038 | - | -€101,038 | |
| Goods, raw materials, services and sundry goods | 60/61 | €46,611 | - | -€46,611 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,060 | €3,060 | +€0 | 0.0% |
| Other operating charges | 640/8 | €500 | €538 | +€38 | +7.6% |
| Gross operating margin | 9900 | €54,427 | €63,662 | +€9,235 | +17.0% |
| Operating profit (loss) | 9901 | €50,868 | €60,064 | +€9,197 | +18.1% |
| Financial income | 75/76B | - | €131 | +€131 | |
| Recurring financial income | 75 | - | €131 | +€131 | |
| Financial charges | 65/66B | €30,403 | €46,113 | +€15,711 | +51.7% |
| Recurring financial charges | 65 | €1,865 | €46,113 | +€44,249 | +2373.2% |
| Non-recurring financial charges | 66B | €28,538 | - | -€28,538 | |
| Profit (loss) for the period before taxes | 9903 | €20,465 | €14,082 | -€6,383 | -31.2% |
| Income taxes | 67/77 | - | €7,450 | +€7,450 | |
| Profit (loss) for the period | 9904 | €20,465 | €6,632 | -€13,833 | -67.6% |
| Profit (loss) for the period to be appropriated | 9905 | €20,465 | €6,632 | -€13,833 | -67.6% |
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 11 October 2026 via checked.be.