JR: what changed
Two financial 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.
JR
Largest movements
- Tangible fixed assets +€8,667
new in 2025: €8,667
- Receivables within one year +€5,308
up €5,308 (+226.5%), from €2,344 to €7,651
of which Trade receivables: +€3,352
- Cash +€3,210
up €3,210 (+292.3%), from €1,098 to €4,308
mainly Other debts (+€12,879) and Depreciation (+€4,333)
- Stocks and contracts +€1,300
up €1,300 (+722.2%), from €180 to €1,480
- Receivables after one year -€367
no longer reported in 2025 (was €367)
- Other debts +€12,879
up €12,879 (+578.1%), from €2,228 to €15,107
- Tax, wage and social debts +€2,647
up €2,647 (+125.7%), from €2,106 to €4,753
- Profit (loss) carried forward +€1,601
up €1,601 (+56.1%), from €2,855 to €4,456
- Trade debts +€990
new in 2025: €990
- Turnover +€15,897
up €15,897 (+29.2%), from €54,440 to €70,337
- Purchases and services +€14,416
up €14,416 (+27.4%), from €52,690 to €67,106
- Depreciation +€4,333
new in 2025: €4,333
- Gross operating margin +€2,962
up €2,962 (+66.5%), from €4,452 to €7,414
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 | €7,439 | €25,556 | +€18,117 | +243.5% |
| Fixed assets | 21/28 | €3,450 | €12,117 | +€8,667 | +251.2% |
| Tangible fixed assets | 22/27 | - | €8,667 | +€8,667 | |
| Furniture and vehicles | 24 | - | €8,667 | +€8,667 | |
| Financial fixed assets | 28 | €3,450 | €3,450 | = | 0.0% |
| Current assets | 29/58 | €3,989 | €13,440 | +€9,450 | +236.9% |
| Amounts receivable after more than one year | 29 | €367 | - | -€367 | |
| Trade receivables | 290 | €367 | - | -€367 | |
| Stocks and contracts in progress | 3 | €180 | €1,480 | +€1,300 | +722.2% |
| Stocks | 30/36 | €180 | €1,480 | +€1,300 | +722.2% |
| Amounts receivable within one year | 40/41 | €2,344 | €7,651 | +€5,308 | +226.5% |
| Trade receivables | 40 | €2,344 | €5,695 | +€3,352 | +143.0% |
| Other amounts receivable | 41 | - | €1,956 | +€1,956 | |
| Cash at bank and in hand | 54/58 | €1,098 | €4,308 | +€3,210 | +292.3% |
| Total equity and liabilities | 10/49 | €7,439 | €25,556 | +€18,117 | +243.5% |
| Equity | 10/15 | €3,105 | €4,706 | +€1,601 | +51.6% |
| Contributions | 10/11 | €250 | €250 | = | 0.0% |
| Contributions outside capital | 11 | €250 | €250 | = | 0.0% |
| Other | 1109/19 | €250 | €250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,855 | €4,456 | +€1,601 | +56.1% |
| Amounts payable | 17/49 | €4,334 | €20,851 | +€16,516 | +381.1% |
| Amounts payable within one year | 42/48 | €4,334 | €20,851 | +€16,516 | +381.1% |
| Trade debts | 44 | - | €990 | +€990 | |
| Suppliers | 440/4 | - | €990 | +€990 | |
| Taxes, remuneration and social security | 45 | €2,106 | €4,753 | +€2,647 | +125.7% |
| Taxes | 450/3 | €2,106 | €4,753 | +€2,647 | +125.7% |
| Other amounts payable | 47/48 | €2,228 | €15,107 | +€12,879 | +578.1% |
| Turnover | 70 | €54,440 | €70,337 | +€15,897 | +29.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €52,690 | €67,106 | +€14,416 | +27.4% |
| Remuneration, social security and pensions | 62 | - | €134 | +€134 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4,333 | +€4,333 | |
| Other operating charges | 640/8 | €560 | €762 | +€202 | +36.0% |
| Gross operating margin | 9900 | €4,452 | €7,414 | +€2,962 | +66.5% |
| Operating profit (loss) | 9901 | €3,892 | €2,185 | -€1,707 | -43.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €51 | €128 | +€77 | +151.6% |
| Recurring financial charges | 65 | €51 | €128 | +€77 | +151.6% |
| Profit (loss) for the period before taxes | 9903 | €3,841 | €2,056 | -€1,784 | -46.5% |
| Income taxes | 67/77 | €986 | €456 | -€530 | -53.8% |
| Profit (loss) for the period | 9904 | €2,855 | €1,601 | -€1,254 | -43.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,855 | €1,601 | -€1,254 | -43.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.