JPi Lex: 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.
JPi Lex
Largest movements
- Cash -€11,630
down €11,630 (-17.5%), from €66,437 to €54,807
mainly Contributions, distributions and other (-€48,824) and Tax, wage and social debts (-€17,325)
- Receivables within one year -€9,428
down €9,428 (-24.2%), from €38,991 to €29,563
of which Trade receivables: -€16,278
- Profit (loss) carried forward -€31,829
down €31,829 (-89.4%), from €35,603 to €3,774
- Other debts +€26,349
up €26,349 (+61.7%), from €42,721 to €69,070
- Tax, wage and social debts -€17,325
down €17,325 (-65.3%), from €26,520 to €9,195
of which Taxes: -€16,783
- Gross operating margin -€23,601
down €23,601 (-48.0%), from €49,148 to €25,547
- Taxes -€5,267
down €5,267 (-48.3%), from €10,915 to €5,647
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 | €110,933 | €88,806 | -€22,127 | -19.9% |
| Fixed assets | 21/28 | €4,416 | €3,799 | -€618 | -14.0% |
| Tangible fixed assets | 22/27 | €4,416 | €3,799 | -€618 | -14.0% |
| Furniture and vehicles | 24 | €4,416 | €3,799 | -€618 | -14.0% |
| Current assets | 29/58 | €106,517 | €85,008 | -€21,510 | -20.2% |
| Amounts receivable within one year | 40/41 | €38,991 | €29,563 | -€9,428 | -24.2% |
| Trade receivables | 40 | €17,488 | €1,210 | -€16,278 | -93.1% |
| Other amounts receivable | 41 | €21,503 | €28,353 | +€6,850 | +31.9% |
| Cash at bank and in hand | 54/58 | €66,437 | €54,807 | -€11,630 | -17.5% |
| Deferred charges and accrued income | 490/1 | €1,089 | €638 | -€451 | -41.4% |
| Total equity and liabilities | 10/49 | €110,933 | €88,806 | -€22,127 | -19.9% |
| Equity | 10/15 | €40,603 | €8,774 | -€31,829 | -78.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,603 | €3,774 | -€31,829 | -89.4% |
| Amounts payable | 17/49 | €70,330 | €80,032 | +€9,702 | +13.8% |
| Amounts payable within one year | 42/48 | €70,330 | €80,032 | +€9,702 | +13.8% |
| Trade debts | 44 | €1,089 | €1,767 | +€678 | +62.3% |
| Suppliers | 440/4 | €1,089 | €1,767 | +€678 | +62.3% |
| Taxes, remuneration and social security | 45 | €26,520 | €9,195 | -€17,325 | -65.3% |
| Taxes | 450/3 | €25,963 | €9,180 | -€16,783 | -64.6% |
| Remuneration and social security | 454/9 | €558 | €15 | -€542 | -97.3% |
| Other amounts payable | 47/48 | €42,721 | €69,070 | +€26,349 | +61.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,337 | €1,653 | +€316 | +23.6% |
| Other operating charges | 640/8 | €400 | €868 | +€468 | +117.2% |
| Gross operating margin | 9900 | €49,148 | €25,547 | -€23,601 | -48.0% |
| Operating profit (loss) | 9901 | €47,412 | €23,027 | -€24,385 | -51.4% |
| Financial income | 75/76B | €996 | €1,173 | +€178 | +17.8% |
| Recurring financial income | 75 | €996 | €1,173 | +€178 | +17.8% |
| Financial charges | 65/66B | €1,631 | €1,558 | -€73 | -4.5% |
| Recurring financial charges | 65 | €1,631 | €1,558 | -€73 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | €46,776 | €22,642 | -€24,135 | -51.6% |
| Income taxes | 67/77 | €10,915 | €5,647 | -€5,267 | -48.3% |
| Profit (loss) for the period | 9904 | €35,862 | €16,995 | -€18,867 | -52.6% |
| Profit (loss) for the period to be appropriated | 9905 | €35,862 | €16,995 | -€18,867 | -52.6% |
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.