JPR Management: 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.
JPR Management
Largest movements
- Cash -€23,224
down €23,224 (-42.1%), from €55,200 to €31,976
mainly Contributions, distributions and other (-€53,744) and Tax, wage and social debts (-€17,519)
- Deferred charges and accrued income +€8,729
up €8,729 (+275.1%), from €3,173 to €11,901
- Receivables within one year -€6,188
down €6,188 (-31.5%), from €19,621 to €13,433
of which Trade receivables: -€8,545
- Tangible fixed assets -€3,689
down €3,689 (-15.7%), from €23,523 to €19,834
- Tax, wage and social debts -€17,519
down €17,519 (-78.3%), from €22,384 to €4,865
- Reserves -€10,516
down €10,516 (-6.5%), from €161,799 to €151,283
- Other debts +€4,086
up €4,086 (+66.3%), from €6,162 to €10,248
- Gross operating margin -€12,536
down €12,536 (-19.7%), from €63,610 to €51,074
- Financial income +€6,436
up €6,436 (+284.4%), from €2,263 to €8,700
- Taxes -€2,159
down €2,159 (-15.6%), from €13,844 to €11,685
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 | €197,317 | €172,945 | -€24,372 | -12.4% |
| Fixed assets | 21/28 | €23,523 | €19,834 | -€3,689 | -15.7% |
| Tangible fixed assets | 22/27 | €23,523 | €19,834 | -€3,689 | -15.7% |
| Land and buildings | 22 | €15,715 | €13,896 | -€1,819 | -11.6% |
| Plant, machinery and equipment | 23 | €5,633 | €4,828 | -€805 | -14.3% |
| Furniture and vehicles | 24 | €2,175 | €1,111 | -€1,064 | -48.9% |
| Current assets | 29/58 | €173,794 | €153,111 | -€20,683 | -11.9% |
| Amounts receivable after more than one year | 29 | €95,800 | €95,800 | = | 0.0% |
| Trade receivables | 290 | €95,800 | €95,800 | = | 0.0% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €19,621 | €13,433 | -€6,188 | -31.5% |
| Trade receivables | 40 | €19,599 | €11,054 | -€8,545 | -43.6% |
| Other amounts receivable | 41 | €22 | €2,380 | +€2,358 | +10761.0% |
| Cash at bank and in hand | 54/58 | €55,200 | €31,976 | -€23,224 | -42.1% |
| Deferred charges and accrued income | 490/1 | €3,173 | €11,901 | +€8,729 | +275.1% |
| Total equity and liabilities | 10/49 | €197,317 | €172,945 | -€24,372 | -12.4% |
| Equity | 10/15 | €167,799 | €157,283 | -€10,516 | -6.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €161,799 | €151,283 | -€10,516 | -6.5% |
| Distributable reserves | 133 | €161,799 | €151,283 | -€10,516 | -6.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €29,518 | €15,662 | -€13,856 | -46.9% |
| Amounts payable within one year | 42/48 | €29,518 | €15,662 | -€13,856 | -46.9% |
| Financial debts | 43 | - | €7 | +€7 | |
| Credit institutions | 430/8 | - | €7 | +€7 | |
| Trade debts | 44 | €972 | €543 | -€429 | -44.2% |
| Suppliers | 440/4 | €972 | €543 | -€429 | -44.2% |
| Taxes, remuneration and social security | 45 | €22,384 | €4,865 | -€17,519 | -78.3% |
| Taxes | 450/3 | €22,384 | €4,865 | -€17,519 | -78.3% |
| Other amounts payable | 47/48 | €6,162 | €10,248 | +€4,086 | +66.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,174 | €3,689 | +€514 | +16.2% |
| Other operating charges | 640/8 | €811 | €785 | -€25 | -3.1% |
| Gross operating margin | 9900 | €63,610 | €51,074 | -€12,536 | -19.7% |
| Operating profit (loss) | 9901 | €59,625 | €46,600 | -€13,025 | -21.8% |
| Financial income | 75/76B | €2,263 | €8,700 | +€6,436 | +284.4% |
| Recurring financial income | 75 | €2,263 | €8,700 | +€6,436 | +284.4% |
| Financial charges | 65/66B | €366 | €386 | +€20 | +5.5% |
| Recurring financial charges | 65 | €366 | €386 | +€20 | +5.5% |
| Profit (loss) for the period before taxes | 9903 | €61,522 | €54,913 | -€6,608 | -10.7% |
| Income taxes | 67/77 | €13,844 | €11,685 | -€2,159 | -15.6% |
| Profit (loss) for the period | 9904 | €47,678 | €43,229 | -€4,449 | -9.3% |
| Profit (loss) for the period to be appropriated | 9905 | €47,678 | €43,229 | -€4,449 | -9.3% |
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 9 October 2026 via checked.be.