JPS DEVELOPMENT: 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.
JPS DEVELOPMENT
Largest movements
- Tangible fixed assets +€3,960
up €3,960 (+1.3%), from €314,980 to €318,940
- Other debts +€20,000
up €20,000 (+23.4%), from €85,423 to €105,423
- Debts after one year -€16,471
down €16,471 (-14.4%), from €113,987 to €97,516
- Advances received +€5,500
up €5,500 (+550.0%), from €1,000 to €6,500
- Gross operating margin +€3,283
up €3,283 (+13.0%), from €25,269 to €28,552
- Depreciation +€757
up €757 (+3.1%), from €24,286 to €25,043
- Financial charges -€414
down €414 (-12.5%), from €3,313 to €2,899
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €336,232 | €343,251 | +€7,019 | +2.1% |
| Fixed assets | 21/28 | €314,980 | €318,940 | +€3,960 | +1.3% |
| Tangible fixed assets | 22/27 | €314,980 | €318,940 | +€3,960 | +1.3% |
| Other tangible fixed assets | 26 | €314,980 | €318,940 | +€3,960 | +1.3% |
| Current assets | 29/58 | €21,252 | €24,311 | +€3,059 | +14.4% |
| Amounts receivable within one year | 40/41 | €2,196 | - | -€2,196 | |
| Trade receivables | 40 | €2,196 | - | -€2,196 | |
| Cash at bank and in hand | 54/58 | €19,056 | €22,249 | +€3,192 | +16.8% |
| Deferred charges and accrued income | 490/1 | - | €2,062 | +€2,062 | |
| Total equity and liabilities | 10/49 | €336,232 | €343,251 | +€7,019 | +2.1% |
| Equity | 10/15 | €116,317 | €113,220 | -€3,097 | -2.7% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €7,230 | €7,230 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,230 | €2,230 | = | 0.0% |
| Legal reserve | 130 | €2,230 | €2,230 | = | 0.0% |
| Distributable reserves | 133 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,087 | €5,990 | -€3,097 | -34.1% |
| Amounts payable | 17/49 | €219,915 | €230,031 | +€10,116 | +4.6% |
| Amounts payable after more than one year | 17 | €113,987 | €97,516 | -€16,471 | -14.4% |
| Financial debts | 170/4 | €113,987 | €97,516 | -€16,471 | -14.4% |
| Amounts payable within one year | 42/48 | €105,928 | €132,514 | +€26,587 | +25.1% |
| Current portion of amounts payable after more than one year | 42 | €16,105 | €16,471 | +€366 | +2.3% |
| Trade debts | 44 | €3,400 | €4,121 | +€721 | +21.2% |
| Suppliers | 440/4 | €3,400 | €4,121 | +€721 | +21.2% |
| Advances received on contracts in progress | 46 | €1,000 | €6,500 | +€5,500 | +550.0% |
| Other amounts payable | 47/48 | €85,423 | €105,423 | +€20,000 | +23.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,286 | €25,043 | +€757 | +3.1% |
| Other operating charges | 640/8 | €3,826 | €3,710 | -€117 | -3.0% |
| Gross operating margin | 9900 | €25,269 | €28,552 | +€3,283 | +13.0% |
| Operating profit (loss) | 9901 | -€2,843 | -€201 | +€2,642 | +92.9% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €3,313 | €2,899 | -€414 | -12.5% |
| Recurring financial charges | 65 | €3,313 | €2,899 | -€414 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,156 | -€3,097 | +€3,059 | +49.7% |
| Profit (loss) for the period | 9904 | -€6,156 | -€3,097 | +€3,059 | +49.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,156 | -€3,097 | +€3,059 | +49.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.