JS CONCEPTION: 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.
JS CONCEPTION
Largest movements
- Cash +€69,924
up €69,924 (+246.0%), from €28,428 to €98,352
mainly Net result for the year (+€53,275) and Advances received (+€40,197)
- Stocks and contracts +€35,110
up €35,110 (+103.2%), from €34,006 to €69,116
- Receivables within one year -€28,840
down €28,840 (-52.8%), from €54,672 to €25,832
of which Trade receivables: -€24,808
- Tangible fixed assets -€15,713
down €15,713 (-39.6%), from €39,704 to €23,991
of which Furniture and vehicles: -€11,721
- Deferred charges and accrued income +€9,835
up €9,835 (+158.3%), from €6,213 to €16,048
- Advances received +€40,197
up €40,197 (+159.9%), from €25,133 to €65,330
- Reserves +€32,275
up €32,275 (+37.1%), from €86,967 to €119,242
- Other debts +€20,167
up €20,167 (+2421.0%), from €833 to €21,000
- Trade debts -€11,373
down €11,373 (-87.1%), from €13,062 to €1,689
- Debts after one year -€7,544
down €7,544 (-59.1%), from €12,764 to €5,220
of which Financial debts: -€7,507
- Gross operating margin +€103,908
up €103,908 (+217.4%), from €47,805 to €151,712
- Staff costs +€66,777
up €66,777 (+702.1%), from €9,511 to €76,287
- Depreciation +€4,640
up €4,640 (+34.7%), from €13,378 to €18,018
- Financial income +€3,877
up €3,877 (+103.0%), from €3,766 to €7,643
- Taxes +€3,432
up €3,432 (+53.3%), from €6,440 to €9,872
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 | €163,023 | €233,339 | +€70,316 | +43.1% |
| Fixed assets | 21/28 | €39,704 | €23,991 | -€15,713 | -39.6% |
| Tangible fixed assets | 22/27 | €39,704 | €23,991 | -€15,713 | -39.6% |
| Plant, machinery and equipment | 23 | €12,651 | €8,659 | -€3,992 | -31.6% |
| Furniture and vehicles | 24 | €27,053 | €15,332 | -€11,721 | -43.3% |
| Current assets | 29/58 | €123,320 | €209,349 | +€86,029 | +69.8% |
| Stocks and contracts in progress | 3 | €34,006 | €69,116 | +€35,110 | +103.2% |
| Stocks | 30/36 | €34,006 | €69,116 | +€35,110 | +103.2% |
| Amounts receivable within one year | 40/41 | €54,672 | €25,832 | -€28,840 | -52.8% |
| Trade receivables | 40 | €39,538 | €14,730 | -€24,808 | -62.7% |
| Other amounts receivable | 41 | €15,134 | €11,102 | -€4,032 | -26.6% |
| Cash at bank and in hand | 54/58 | €28,428 | €98,352 | +€69,924 | +246.0% |
| Deferred charges and accrued income | 490/1 | €6,213 | €16,048 | +€9,835 | +158.3% |
| Total equity and liabilities | 10/49 | €163,023 | €233,339 | +€70,316 | +43.1% |
| Equity | 10/15 | €91,967 | €124,242 | +€32,275 | +35.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €86,967 | €119,242 | +€32,275 | +37.1% |
| Distributable reserves | 133 | €86,967 | €119,242 | +€32,275 | +37.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €71,057 | €109,097 | +€38,041 | +53.5% |
| Amounts payable after more than one year | 17 | €12,764 | €5,220 | -€7,544 | -59.1% |
| Financial debts | 170/4 | €12,727 | €5,220 | -€7,507 | -59.0% |
| Other amounts payable | 178/9 | €37 | €0 | -€37 | -100.0% |
| Amounts payable within one year | 42/48 | €58,293 | €103,877 | +€45,585 | +78.2% |
| Current portion of amounts payable after more than one year | 42 | €13,640 | €7,507 | -€6,133 | -45.0% |
| Trade debts | 44 | €13,062 | €1,689 | -€11,373 | -87.1% |
| Suppliers | 440/4 | €13,062 | €1,689 | -€11,373 | -87.1% |
| Advances received on contracts in progress | 46 | €25,133 | €65,330 | +€40,197 | +159.9% |
| Taxes, remuneration and social security | 45 | €5,625 | €8,352 | +€2,727 | +48.5% |
| Taxes | 450/3 | €3,444 | €0 | -€3,444 | -100.0% |
| Remuneration and social security | 454/9 | €2,182 | €8,352 | +€6,170 | +282.8% |
| Other amounts payable | 47/48 | €833 | €21,000 | +€20,167 | +2421.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €9,511 | €76,287 | +€66,777 | +702.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,378 | €18,018 | +€4,640 | +34.7% |
| Other operating charges | 640/8 | €880 | €1,051 | +€171 | +19.4% |
| Gross operating margin | 9900 | €47,805 | €151,712 | +€103,908 | +217.4% |
| Operating profit (loss) | 9901 | €24,037 | €56,357 | +€32,320 | +134.5% |
| Financial income | 75/76B | €3,766 | €7,643 | +€3,877 | +103.0% |
| Recurring financial income | 75 | €3,766 | €7,643 | +€3,877 | +103.0% |
| Financial charges | 65/66B | €502 | €852 | +€350 | +69.6% |
| Recurring financial charges | 65 | €502 | €852 | +€350 | +69.6% |
| Profit (loss) for the period before taxes | 9903 | €27,300 | €63,147 | +€35,847 | +131.3% |
| Income taxes | 67/77 | €6,440 | €9,872 | +€3,432 | +53.3% |
| Profit (loss) for the period | 9904 | €20,860 | €53,275 | +€32,415 | +155.4% |
| Profit (loss) for the period to be appropriated | 9905 | €20,860 | €53,275 | +€32,415 | +155.4% |
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 6 October 2026 via checked.be.