JPL & PARTNERS: 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 & PARTNERS
Largest movements
- Tangible fixed assets -€54,014
down €54,014 (-67.3%), from €80,247 to €26,234
of which Furniture and vehicles: -€59,547
- Cash -€19,261
down €19,261 (-98.1%), from €19,640 to €379
mainly Debts after one year (-€46,155) and Net result for the year (-€20,119)
- Receivables after one year -€3,500
no longer reported in 2025 (was €3,500)
- Receivables within one year -€2,810
down €2,810 (-19.5%), from €14,445 to €11,635
of which Trade receivables: -€5,810
- Debts after one year -€46,155
down €46,155 (-89.7%), from €51,432 to €5,277
- Profit (loss) carried forward -€20,119
down €20,119, from €12,493 to -€7,626
- Trade debts -€14,702
down €14,702 (-92.9%), from €15,832 to €1,130
- Current portion of long-term debt -€10,786
down €10,786 (-52.0%), from €20,737 to €9,952
- Tax, wage and social debts +€8,254
up €8,254 (+126%), from €6,529 to €14,783
- Gross operating margin -€38,130
down €38,130, from €35,417 to -€2,713
- Taxes -€9,082
down €9,082, from €9,067 to -€14
- Other operating charges +€7,630
up €7,630 (+5,862%), from €130 to €7,760
- Financial charges +€2,965
up €2,965 (+159%), from €1,866 to €4,830
- Financial income +€1,045
up €1,045 (+47,924%), from €2 to €1,047
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 | €117,832 | €38,247 | -€79,585 | -67.5% |
| Fixed assets | 21/28 | €80,247 | €26,234 | -€54,014 | -67.3% |
| Tangible fixed assets | 22/27 | €80,247 | €26,234 | -€54,014 | -67.3% |
| Plant, machinery and equipment | 23 | €2,043 | €939 | -€1,104 | -54.0% |
| Furniture and vehicles | 24 | €66,298 | €6,751 | -€59,547 | -89.8% |
| Other tangible fixed assets | 26 | €11,907 | €18,543 | +€6,637 | +55.7% |
| Current assets | 29/58 | €37,585 | €12,013 | -€25,571 | -68.0% |
| Amounts receivable after more than one year | 29 | €3,500 | - | -€3,500 | |
| Other amounts receivable | 291 | €3,500 | - | -€3,500 | |
| Amounts receivable within one year | 40/41 | €14,445 | €11,635 | -€2,810 | -19.5% |
| Trade receivables | 40 | €14,445 | €8,635 | -€5,810 | -40.2% |
| Other amounts receivable | 41 | - | €3,000 | +€3,000 | |
| Cash at bank and in hand | 54/58 | €19,640 | €379 | -€19,261 | -98.1% |
| Total equity and liabilities | 10/49 | €117,832 | €38,247 | -€79,585 | -67.5% |
| Equity | 10/15 | €18,705 | €634 | -€18,071 | -96.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,493 | -€7,626 | -€20,119 | |
| Investment grants | 15 | €2,213 | €4,260 | +€2,047 | +92.5% |
| Amounts payable | 17/49 | €99,127 | €37,613 | -€61,514 | -62.1% |
| Amounts payable after more than one year | 17 | €51,432 | €5,277 | -€46,155 | -89.7% |
| Financial debts | 170/4 | €51,432 | €5,277 | -€46,155 | -89.7% |
| Amounts payable within one year | 42/48 | €47,694 | €32,336 | -€15,359 | -32.2% |
| Current portion of amounts payable after more than one year | 42 | €20,737 | €9,952 | -€10,786 | -52.0% |
| Trade debts | 44 | €15,832 | €1,130 | -€14,702 | -92.9% |
| Suppliers | 440/4 | €15,832 | €1,130 | -€14,702 | -92.9% |
| Taxes, remuneration and social security | 45 | €6,529 | €14,783 | +€8,254 | +126% |
| Taxes | 450/3 | €6,529 | €14,783 | +€8,254 | +126% |
| Other amounts payable | 47/48 | €4,597 | €6,471 | +€1,874 | +40.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,812 | €5,877 | -€935 | -13.7% |
| Other operating charges | 640/8 | €130 | €7,760 | +€7,630 | +5,862% |
| Non-recurring operating charges | 66A | €5,928 | - | -€5,928 | |
| Gross operating margin | 9900 | €35,417 | -€2,713 | -€38,130 | |
| Operating profit (loss) | 9901 | €22,548 | -€16,349 | -€38,897 | |
| Financial income | 75/76B | €2 | €1,047 | +€1,045 | +47,924% |
| Recurring financial income | 75 | €2 | €1,047 | +€1,045 | +47,924% |
| Financial charges | 65/66B | €1,866 | €4,830 | +€2,965 | +159% |
| Recurring financial charges | 65 | €1,866 | €4,830 | +€2,965 | +159% |
| Profit (loss) for the period before taxes | 9903 | €20,684 | -€20,133 | -€40,817 | |
| Income taxes | 67/77 | €9,067 | -€14 | -€9,082 | |
| Profit (loss) for the period | 9904 | €11,617 | -€20,119 | -€31,735 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,617 | -€20,119 | -€31,735 |
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 25 October 2026 via checked.be.