JPL Academy: 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.
JPL Academy
Largest movements
- Receivables after one year -€40,950
no longer reported in 2025 (was €40,950)
- Receivables within one year -€3,624
down €3,624 (-17.8%), from €20,400 to €16,776
of which Other amounts receivable: -€5,124
- Cash -€3,372
down €3,372 (-52.4%), from €6,438 to €3,066
mainly Other debts (-€47,200) and Contributions, distributions and other (-€16,800)
- Other debts -€47,200
down €47,200 (-73.8%), from €64,000 to €16,800
- Profit (loss) carried forward -€746
down €746 (-94.6%), from €788 to €42
- Taxes +€3,682
up €3,682 (+209%), from €1,759 to €5,442
- Gross operating margin +€1,189
up €1,189 (+5.9%), from €19,992 to €21,181
- Financial income +€313
up €313 (+75.2%), from €416 to €729
- Other operating charges -€231
down €231 (-59.6%), from €387 to €157
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 | €67,788 | €19,842 | -€47,946 | -70.7% |
| Current assets | 29/58 | €67,788 | €19,842 | -€47,946 | -70.7% |
| Amounts receivable after more than one year | 29 | €40,950 | - | -€40,950 | |
| Other amounts receivable | 291 | €40,950 | - | -€40,950 | |
| Amounts receivable within one year | 40/41 | €20,400 | €16,776 | -€3,624 | -17.8% |
| Trade receivables | 40 | - | €1,500 | +€1,500 | |
| Other amounts receivable | 41 | €20,400 | €15,276 | -€5,124 | -25.1% |
| Cash at bank and in hand | 54/58 | €6,438 | €3,066 | -€3,372 | -52.4% |
| Total equity and liabilities | 10/49 | €67,788 | €19,842 | -€47,946 | -70.7% |
| Equity | 10/15 | €3,788 | €3,042 | -€746 | -19.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €788 | €42 | -€746 | -94.6% |
| Amounts payable | 17/49 | €64,000 | €16,800 | -€47,200 | -73.8% |
| Amounts payable within one year | 42/48 | €64,000 | €16,800 | -€47,200 | -73.8% |
| Other amounts payable | 47/48 | €64,000 | €16,800 | -€47,200 | -73.8% |
| Other operating charges | 640/8 | €387 | €157 | -€231 | -59.6% |
| Gross operating margin | 9900 | €19,992 | €21,181 | +€1,189 | +5.9% |
| Operating profit (loss) | 9901 | €19,604 | €21,024 | +€1,420 | +7.2% |
| Financial income | 75/76B | €416 | €729 | +€313 | +75.2% |
| Recurring financial income | 75 | €416 | €729 | +€313 | +75.2% |
| Financial charges | 65/66B | €261 | €257 | -€3 | -1.3% |
| Recurring financial charges | 65 | €261 | €257 | -€3 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €19,760 | €21,496 | +€1,736 | +8.8% |
| Income taxes | 67/77 | €1,759 | €5,442 | +€3,682 | +209% |
| Profit (loss) for the period | 9904 | €18,001 | €16,054 | -€1,946 | -10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,001 | €16,054 | -€1,946 | -10.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.