JPS ELECTRONICS: 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 ELECTRONICS
Largest movements
- Tangible fixed assets +€29,507
up €29,507 (+134.2%), from €21,994 to €51,501
of which Furniture and vehicles: +€32,506
- Receivables within one year +€1,721
up €1,721 (+2.3%), from €74,538 to €76,259
of which Trade receivables: +€2,185
- Cash -€1,568
no longer reported in 2024 (was €1,568)
mainly Investment in fixed assets (net) (-€40,460) and Receivables within one year (-€1,721)
- Short-term financial debts +€13,184
new in 2024: €13,184
- Profit (loss) carried forward +€9,665
up €9,665 (+20.1%), from €48,123 to €57,788
- Tax, wage and social debts +€4,591
up €4,591 (+187.3%), from €2,450 to €7,041
- Gross operating margin +€15,780
up €15,780 (+176.2%), from €8,954 to €24,734
- Depreciation +€5,239
up €5,239 (+91.7%), from €5,713 to €10,952
- Taxes +€4,284
up €4,284 (+3257.0%), from €132 to €4,415
- Financial income +€739
up €739 (+19.6%), from €3,765 to €4,504
- Financial charges +€444
up €444 (+16.4%), from €2,716 to €3,160
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 | €106,753 | €135,099 | +€28,346 | +26.6% |
| Fixed assets | 21/28 | €22,031 | €51,539 | +€29,507 | +133.9% |
| Tangible fixed assets | 22/27 | €21,994 | €51,501 | +€29,507 | +134.2% |
| Land and buildings | 22 | €3,441 | €2,661 | -€780 | -22.7% |
| Plant, machinery and equipment | 23 | €14,189 | €12,160 | -€2,028 | -14.3% |
| Furniture and vehicles | 24 | €3,734 | €36,240 | +€32,506 | +870.5% |
| Other tangible fixed assets | 26 | €630 | €440 | -€190 | -30.2% |
| Financial fixed assets | 28 | €37 | €37 | = | 0.0% |
| Current assets | 29/58 | €84,721 | €83,560 | -€1,161 | -1.4% |
| Stocks and contracts in progress | 3 | €8,615 | €7,302 | -€1,314 | -15.2% |
| Stocks | 30/36 | €8,615 | €7,302 | -€1,314 | -15.2% |
| Amounts receivable within one year | 40/41 | €74,538 | €76,259 | +€1,721 | +2.3% |
| Trade receivables | 40 | - | €2,185 | +€2,185 | |
| Other amounts receivable | 41 | €74,538 | €74,073 | -€465 | -0.6% |
| Cash at bank and in hand | 54/58 | €1,568 | - | -€1,568 | |
| Total equity and liabilities | 10/49 | €106,753 | €135,099 | +€28,346 | +26.6% |
| Equity | 10/15 | €85,028 | €94,693 | +€9,665 | +11.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €18,313 | €18,313 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | €1,859 | - | -€1,859 | |
| Tax-exempt reserves | 132 | €16,454 | €16,454 | = | 0.0% |
| Distributable reserves | 133 | - | €1,859 | +€1,859 | |
| Profit (loss) carried forward | 14 | €48,123 | €57,788 | +€9,665 | +20.1% |
| Amounts payable | 17/49 | €21,725 | €40,406 | +€18,681 | +86.0% |
| Amounts payable within one year | 42/48 | €21,725 | €40,406 | +€18,681 | +86.0% |
| Current portion of amounts payable after more than one year | 42 | €12,500 | €12,500 | = | 0.0% |
| Financial debts | 43 | - | €13,184 | +€13,184 | |
| Credit institutions | 430/8 | - | €13,184 | +€13,184 | |
| Trade debts | 44 | €6,774 | €7,681 | +€907 | +13.4% |
| Suppliers | 440/4 | €6,774 | €7,681 | +€907 | +13.4% |
| Taxes, remuneration and social security | 45 | €2,450 | €7,041 | +€4,591 | +187.3% |
| Taxes | 450/3 | €2,450 | €7,041 | +€4,591 | +187.3% |
| Non-recurring operating income | 76A | €5,171 | €11,393 | +€6,223 | +120.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,713 | €10,952 | +€5,239 | +91.7% |
| Other operating charges | 640/8 | €720 | €1,046 | +€327 | +45.4% |
| Gross operating margin | 9900 | €8,954 | €24,734 | +€15,780 | +176.2% |
| Operating profit (loss) | 9901 | €2,521 | €12,736 | +€10,214 | +405.1% |
| Financial income | 75/76B | €3,765 | €4,504 | +€739 | +19.6% |
| Recurring financial income | 75 | €3,765 | €4,504 | +€739 | +19.6% |
| Financial charges | 65/66B | €2,716 | €3,160 | +€444 | +16.4% |
| Recurring financial charges | 65 | €2,716 | €3,160 | +€444 | +16.4% |
| Profit (loss) for the period before taxes | 9903 | €3,571 | €14,080 | +€10,509 | +294.3% |
| Income taxes | 67/77 | €132 | €4,415 | +€4,284 | +3257.0% |
| Profit (loss) for the period | 9904 | €3,440 | €9,665 | +€6,225 | +181.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,440 | €9,665 | +€6,225 | +181.0% |
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 2 October 2026 via checked.be.