JPPIRSON: 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.
JPPIRSON
Largest movements
- Financial fixed assets -€373,428
no longer reported in 2025 (was €373,428)
- Cash +€85,680
up €85,680 (+822.3%), from €10,419 to €96,099
mainly Investment in fixed assets (net) (+€373,428) and Depreciation (+€18,486)
- Tangible fixed assets -€18,486
down €18,486 (-3.5%), from €521,163 to €502,676
- Profit (loss) carried forward -€232,897
down €232,897, from €83,847 to -€149,049
- Other debts -€57,168
down €57,168 (-18.6%), from €306,805 to €249,636
- Debts after one year -€24,090
down €24,090 (-5.4%), from €443,332 to €419,242
of which Financial debts: -€24,090
- Other operating charges +€229,896
up €229,896 (+8584.8%), from €2,678 to €232,574
- Gross operating margin +€12,349
up €12,349 (+43.4%), from €28,458 to €40,807
- Financial charges +€6,670
up €6,670 (+42.7%), from €15,606 to €22,276
- Financial income +€765
new in 2025: €765
- Taxes +€715
up €715 (+171.4%), from €417 to €1,132
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 | €907,966 | €602,233 | -€305,734 | -33.7% |
| Fixed assets | 21/28 | €894,591 | €502,676 | -€391,914 | -43.8% |
| Tangible fixed assets | 22/27 | €521,163 | €502,676 | -€18,486 | -3.5% |
| Land and buildings | 22 | €521,163 | €502,676 | -€18,486 | -3.5% |
| Financial fixed assets | 28 | €373,428 | - | -€373,428 | |
| Current assets | 29/58 | €13,375 | €99,556 | +€86,181 | +644.3% |
| Amounts receivable within one year | 40/41 | €1,771 | €2,545 | +€775 | +43.8% |
| Other amounts receivable | 41 | €1,771 | €2,545 | +€775 | +43.8% |
| Cash at bank and in hand | 54/58 | €10,419 | €96,099 | +€85,680 | +822.3% |
| Deferred charges and accrued income | 490/1 | €1,185 | €912 | -€273 | -23.1% |
| Total equity and liabilities | 10/49 | €907,966 | €602,233 | -€305,734 | -33.7% |
| Equity | 10/15 | €104,307 | -€128,589 | -€232,897 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,847 | -€149,049 | -€232,897 | |
| Amounts payable | 17/49 | €803,659 | €730,822 | -€72,837 | -9.1% |
| Amounts payable after more than one year | 17 | €443,332 | €419,242 | -€24,090 | -5.4% |
| Financial debts | 170/4 | €434,332 | €410,242 | -€24,090 | -5.5% |
| Other amounts payable | 178/9 | €9,000 | €9,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €333,962 | €278,006 | -€55,956 | -16.8% |
| Current portion of amounts payable after more than one year | 42 | €23,507 | €24,090 | +€583 | +2.5% |
| Trade debts | 44 | €1,185 | €912 | -€273 | -23.1% |
| Suppliers | 440/4 | €1,185 | €912 | -€273 | -23.1% |
| Taxes, remuneration and social security | 45 | €2,465 | €3,367 | +€902 | +36.6% |
| Taxes | 450/3 | €2,465 | €3,367 | +€902 | +36.6% |
| Other amounts payable | 47/48 | €306,805 | €249,636 | -€57,168 | -18.6% |
| Accrued charges and deferred income | 492/3 | €26,365 | €33,574 | +€7,210 | +27.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,486 | €18,486 | = | 0.0% |
| Other operating charges | 640/8 | €2,678 | €232,574 | +€229,896 | +8584.8% |
| Gross operating margin | 9900 | €28,458 | €40,807 | +€12,349 | +43.4% |
| Operating profit (loss) | 9901 | €7,294 | -€210,253 | -€217,547 | |
| Financial income | 75/76B | - | €765 | +€765 | |
| Recurring financial income | 75 | - | €765 | +€765 | |
| Financial charges | 65/66B | €15,606 | €22,276 | +€6,670 | +42.7% |
| Recurring financial charges | 65 | €15,606 | €22,276 | +€6,670 | +42.7% |
| Profit (loss) for the period before taxes | 9903 | -€8,312 | -€231,765 | -€223,453 | -2688.3% |
| Income taxes | 67/77 | €417 | €1,132 | +€715 | +171.4% |
| Profit (loss) for the period | 9904 | -€8,729 | -€232,897 | -€224,168 | -2568.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,729 | -€232,897 | -€224,168 | -2568.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.