JPC AGRI: 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.
JPC AGRI
Largest movements
- Tangible fixed assets +€92,814
up €92,814 (+23.5%), from €395,719 to €488,533
of which Furniture and vehicles: +€123,519
- Receivables within one year -€40,964
down €40,964 (-43.4%), from €94,383 to €53,420
of which Trade receivables: -€45,613
- Cash -€32,024
down €32,024 (-48.3%), from €66,255 to €34,231
- Stocks and contracts +€29,837
up €29,837 (+614%), from €4,857 to €34,695
- Debts after one year +€60,427
up €60,427 (+27.5%), from €219,516 to €279,943
- Other debts +€38,127
up €38,127 (+70.0%), from €54,474 to €92,600
- Trade debts -€23,628
down €23,628 (-48.5%), from €48,765 to €25,137
- Current portion of long-term debt -€16,887
down €16,887 (-26.7%), from €63,218 to €46,332
- Tax, wage and social debts -€9,940
down €9,940 (-98.5%), from €10,090 to €150
of which Taxes: -€8,485
- Depreciation +€28,202
up €28,202 (+43.5%), from €64,850 to €93,051
- Staff costs -€17,000
down €17,000 (-92.8%), from €18,310 to €1,310
- Gross operating margin +€12,456
up €12,456 (+12.8%), from €97,496 to €109,953
- Financial charges +€2,039
up €2,039 (+30.1%), from €6,775 to €8,813
- Financial income -€1,386
no longer reported in 2025 (was €1,386)
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €561,410 | €611,073 | +€49,663 | +8.8% |
| Fixed assets | 21/28 | €395,914 | €488,728 | +€92,814 | +23.4% |
| Tangible fixed assets | 22/27 | €395,719 | €488,533 | +€92,814 | +23.5% |
| Land and buildings | 22 | €150,731 | €142,418 | -€8,312 | -5.5% |
| Plant, machinery and equipment | 23 | €88,566 | €62,372 | -€26,193 | -29.6% |
| Furniture and vehicles | 24 | €156,423 | €279,942 | +€123,519 | +79.0% |
| Assets under construction and advance payments | 27 | - | €3,800 | +€3,800 | |
| Financial fixed assets | 28 | €195 | €195 | = | 0.0% |
| Current assets | 29/58 | €165,496 | €122,346 | -€43,151 | -26.1% |
| Stocks and contracts in progress | 3 | €4,857 | €34,695 | +€29,837 | +614% |
| Stocks | 30/36 | €4,857 | €34,695 | +€29,837 | +614% |
| Amounts receivable within one year | 40/41 | €94,383 | €53,420 | -€40,964 | -43.4% |
| Trade receivables | 40 | €94,368 | €48,756 | -€45,613 | -48.3% |
| Other amounts receivable | 41 | €15 | €4,664 | +€4,649 | +30,993% |
| Cash at bank and in hand | 54/58 | €66,255 | €34,231 | -€32,024 | -48.3% |
| Total equity and liabilities | 10/49 | €561,410 | €611,073 | +€49,663 | +8.8% |
| Equity | 10/15 | €165,347 | €166,911 | +€1,564 | +0.9% |
| Contributions | 10/11 | €51,000 | €51,000 | = | 0.0% |
| Reserves | 13 | €109,300 | €110,800 | +€1,500 | +1.4% |
| Distributable reserves | 133 | €109,300 | €110,800 | +€1,500 | +1.4% |
| Profit (loss) carried forward | 14 | €5,047 | €5,111 | +€64 | +1.3% |
| Amounts payable | 17/49 | €396,064 | €444,163 | +€48,099 | +12.1% |
| Amounts payable after more than one year | 17 | €219,516 | €279,943 | +€60,427 | +27.5% |
| Financial debts | 170/4 | €219,516 | €279,943 | +€60,427 | +27.5% |
| Amounts payable within one year | 42/48 | €176,547 | €164,219 | -€12,328 | -7.0% |
| Current portion of amounts payable after more than one year | 42 | €63,218 | €46,332 | -€16,887 | -26.7% |
| Trade debts | 44 | €48,765 | €25,137 | -€23,628 | -48.5% |
| Suppliers | 440/4 | €48,765 | €25,137 | -€23,628 | -48.5% |
| Taxes, remuneration and social security | 45 | €10,090 | €150 | -€9,940 | -98.5% |
| Taxes | 450/3 | €8,635 | €150 | -€8,485 | -98.3% |
| Remuneration and social security | 454/9 | €1,455 | - | -€1,455 | |
| Other amounts payable | 47/48 | €54,474 | €92,600 | +€38,127 | +70.0% |
| Remuneration, social security and pensions | 62 | €18,310 | €1,310 | -€17,000 | -92.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,850 | €93,051 | +€28,202 | +43.5% |
| Other operating charges | 640/8 | €4,278 | €5,064 | +€785 | +18.4% |
| Gross operating margin | 9900 | €97,496 | €109,953 | +€12,456 | +12.8% |
| Operating profit (loss) | 9901 | €10,058 | €10,527 | +€469 | +4.7% |
| Financial income | 75/76B | €1,386 | - | -€1,386 | |
| Recurring financial income | 75 | €1,386 | - | -€1,386 | |
| Financial charges | 65/66B | €6,775 | €8,813 | +€2,039 | +30.1% |
| Recurring financial charges | 65 | €6,775 | €8,813 | +€2,039 | +30.1% |
| Profit (loss) for the period before taxes | 9903 | €4,670 | €1,714 | -€2,956 | -63.3% |
| Transfer from deferred taxes | 780 | €714 | - | -€714 | |
| Income taxes | 67/77 | €480 | €150 | -€330 | -68.8% |
| Profit (loss) for the period | 9904 | €4,904 | €1,564 | -€3,340 | -68.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,904 | €1,564 | -€3,340 | -68.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.