JPSeven: 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.
JPSeven
Largest movements
- Receivables within one year -€155,626
down €155,626 (-10.4%), from €1.5m to €1.3m
of which Other amounts receivable: -€154,719
- Tangible fixed assets -€88,300
down €88,300 (-8.8%), from €1.0m to €920,388
of which Land and buildings: -€73,325
- Other debts +€1.6m
up €1.6m (+23.6%), from €6.8m to €8.4m
- Short-term financial debts -€1.5m
down €1.5m (-89.9%), from €1.6m to €164,021
- Profit (loss) carried forward -€219,695
down €219,695 (-3.8%), from -€5.8m to -€6.0m
- Debts after one year -€159,864
down €159,864 (-11.9%), from €1.3m to €1.2m
of which Financial debts: -€159,864
- Financial income +€79,172
up €79,172 (+629.6%), from €12,574 to €91,746
- Financial charges -€50,701
down €50,701 (-19.0%), from €266,853 to €216,152
of which Financial charges: -€41,569
- Gross operating margin +€9,488
up €9,488 (+66.8%), from -€14,200 to -€4,712
- Other operating charges -€4,895
down €4,895 (-71.0%), from €6,892 to €1,997
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 | €4,238,661 | €3,994,996 | -€243,665 | -5.7% |
| Fixed assets | 21/28 | €2,706,706 | €2,618,126 | -€88,580 | -3.3% |
| Intangible fixed assets | 21 | €380 | €100 | -€280 | -73.7% |
| Tangible fixed assets | 22/27 | €1,008,688 | €920,388 | -€88,300 | -8.8% |
| Land and buildings | 22 | €947,761 | €874,436 | -€73,325 | -7.7% |
| Plant, machinery and equipment | 23 | €26,223 | €20,141 | -€6,082 | -23.2% |
| Furniture and vehicles | 24 | €34,704 | €25,811 | -€8,893 | -25.6% |
| Financial fixed assets | 28 | €1,697,638 | €1,697,638 | = | 0.0% |
| Current assets | 29/58 | €1,531,955 | €1,376,870 | -€155,085 | -10.1% |
| Amounts receivable within one year | 40/41 | €1,499,707 | €1,344,081 | -€155,626 | -10.4% |
| Trade receivables | 40 | €50,820 | €49,913 | -€907 | -1.8% |
| Other amounts receivable | 41 | €1,448,887 | €1,294,168 | -€154,719 | -10.7% |
| Cash at bank and in hand | 54/58 | €32,248 | €32,789 | +€541 | +1.7% |
| Total equity and liabilities | 10/49 | €4,238,661 | €3,994,996 | -€243,665 | -5.7% |
| Equity | 10/15 | -€5,684,045 | -€5,903,740 | -€219,695 | -3.9% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,751,695 | -€5,971,390 | -€219,695 | -3.8% |
| Amounts payable | 17/49 | €9,922,706 | €9,898,736 | -€23,970 | -0.2% |
| Amounts payable after more than one year | 17 | €1,348,600 | €1,188,736 | -€159,864 | -11.9% |
| Financial debts | 170/4 | €771,510 | €611,646 | -€159,864 | -20.7% |
| Other amounts payable | 178/9 | €577,090 | €577,090 | = | 0.0% |
| Amounts payable within one year | 42/48 | €8,572,906 | €8,708,800 | +€135,894 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | €167,941 | €159,863 | -€8,078 | -4.8% |
| Financial debts | 43 | €1,620,314 | €164,021 | -€1.5m | -89.9% |
| Credit institutions | 430/8 | €1,620,314 | €164,021 | -€1.5m | -89.9% |
| Trade debts | 44 | €3,043 | €1,341 | -€1,702 | -55.9% |
| Suppliers | 440/4 | €3,043 | €1,341 | -€1,702 | -55.9% |
| Taxes, remuneration and social security | 45 | €384 | €874 | +€490 | +127.6% |
| Taxes | 450/3 | €384 | €874 | +€490 | +127.6% |
| Other amounts payable | 47/48 | €6,781,224 | €8,382,701 | +€1.6m | +23.6% |
| Accrued charges and deferred income | 492/3 | €1,200 | €1,200 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,721 | €88,580 | -€141 | -0.2% |
| Other operating charges | 640/8 | €6,892 | €1,997 | -€4,895 | -71.0% |
| Non-recurring operating charges | 66A | €1,700 | - | -€1,700 | |
| Gross operating margin | 9900 | -€14,200 | -€4,712 | +€9,488 | +66.8% |
| Operating profit (loss) | 9901 | -€111,513 | -€95,289 | +€16,224 | +14.5% |
| Financial income | 75/76B | €12,574 | €91,746 | +€79,172 | +629.6% |
| Recurring financial income | 75 | €12,574 | €91,746 | +€79,172 | +629.6% |
| Financial charges | 65/66B | €266,853 | €216,152 | -€50,701 | -19.0% |
| Recurring financial charges | 65 | €257,721 | €216,152 | -€41,569 | -16.1% |
| Non-recurring financial charges | 66B | €9,132 | - | -€9,132 | |
| Profit (loss) for the period before taxes | 9903 | -€365,792 | -€219,695 | +€146,097 | +39.9% |
| Profit (loss) for the period | 9904 | -€365,792 | -€219,695 | +€146,097 | +39.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€365,792 | -€219,695 | +€146,097 | +39.9% |
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 3 October 2026 via checked.be.