JRY PROJECT: 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.
JRY PROJECT
Largest movements
- Receivables within one year +€9,205
up €9,205 (+795.6%), from €1,157 to €10,362
of which Trade receivables: +€7,618
- Cash +€7,903
up €7,903 (+163.1%), from €4,847 to €12,750
mainly Net result for the year (+€12,764) and Depreciation (+€5,404)
- Tangible fixed assets -€1,148
down €1,148 (-10.7%), from €10,775 to €9,628
of which Furniture and vehicles: -€2,099
- Profit (loss) carried forward +€12,764
up €12,764 (+161.4%), from €7,908 to €20,672
- Other debts +€2,496
new in 2025: €2,496
- Tax, wage and social debts +€2,428
up €2,428 (+122.8%), from €1,977 to €4,405
- Trade debts -€1,727
down €1,727 (-59.7%), from €2,895 to €1,168
- Turnover +€32,310
up €32,310 (+7.5%), from €432,972 to €465,282
- Purchases and services +€22,044
up €22,044 (+5.3%), from €419,757 to €441,800
- Gross operating margin +€10,266
up €10,266 (+77.7%), from €13,216 to €23,482
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 | €16,779 | €32,740 | +€15,961 | +95.1% |
| Fixed assets | 21/28 | €10,775 | €9,628 | -€1,148 | -10.7% |
| Tangible fixed assets | 22/27 | €10,775 | €9,628 | -€1,148 | -10.7% |
| Plant, machinery and equipment | 23 | €1,775 | €2,726 | +€951 | +53.6% |
| Furniture and vehicles | 24 | €9,000 | €6,902 | -€2,099 | -23.3% |
| Current assets | 29/58 | €6,004 | €23,112 | +€17,109 | +285.0% |
| Amounts receivable within one year | 40/41 | €1,157 | €10,362 | +€9,205 | +795.6% |
| Trade receivables | 40 | - | €7,618 | +€7,618 | |
| Other amounts receivable | 41 | €1,157 | €2,744 | +€1,587 | +137.2% |
| Cash at bank and in hand | 54/58 | €4,847 | €12,750 | +€7,903 | +163.1% |
| Total equity and liabilities | 10/49 | €16,779 | €32,740 | +€15,961 | +95.1% |
| Equity | 10/15 | €11,908 | €24,672 | +€12,764 | +107.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,908 | €20,672 | +€12,764 | +161.4% |
| Amounts payable | 17/49 | €4,872 | €8,068 | +€3,197 | +65.6% |
| Amounts payable within one year | 42/48 | €4,872 | €8,068 | +€3,197 | +65.6% |
| Trade debts | 44 | €2,895 | €1,168 | -€1,727 | -59.7% |
| Suppliers | 440/4 | €2,895 | €1,168 | -€1,727 | -59.7% |
| Taxes, remuneration and social security | 45 | €1,977 | €4,405 | +€2,428 | +122.8% |
| Taxes | 450/3 | €1,977 | €4,405 | +€2,428 | +122.8% |
| Other amounts payable | 47/48 | - | €2,496 | +€2,496 | |
| Turnover | 70 | €432,972 | €465,282 | +€32,310 | +7.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €419,757 | €441,800 | +€22,044 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,000 | €5,404 | +€2,404 | +80.1% |
| Other operating charges | 640/8 | €159 | €546 | +€386 | +242.3% |
| Gross operating margin | 9900 | €13,216 | €23,482 | +€10,266 | +77.7% |
| Operating profit (loss) | 9901 | €10,057 | €17,533 | +€7,476 | +74.3% |
| Financial charges | 65/66B | €172 | €364 | +€191 | +110.9% |
| Recurring financial charges | 65 | €172 | €364 | +€191 | +110.9% |
| Profit (loss) for the period before taxes | 9903 | €9,885 | €17,169 | +€7,285 | +73.7% |
| Income taxes | 67/77 | €1,977 | €4,405 | +€2,428 | +122.8% |
| Profit (loss) for the period | 9904 | €7,908 | €12,764 | +€4,857 | +61.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,908 | €12,764 | +€4,857 | +61.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.