JS TOTAALPROJECTEN: 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.
JS TOTAALPROJECTEN
Largest movements
- Stocks and contracts +€231,859
new in 2025: €231,859
- Cash -€231,155
down €231,155 (-83.7%), from €276,050 to €44,895
mainly Stocks and contracts (-€231,859) and Receivables within one year (-€19,783)
- Receivables within one year +€19,783
up €19,783 (+258%), from €7,658 to €27,441
of which Trade receivables: +€15,945
- Tangible fixed assets -€9,418
down €9,418 (-34.4%), from €27,348 to €17,930
of which Furniture and vehicles: -€9,008
- Reserves +€17,893
up €17,893 (+7.8%), from €228,846 to €246,739
- Trade debts +€14,919
up €14,919 (+464%), from €3,219 to €18,138
- Tax, wage and social debts -€13,211
down €13,211 (-32.5%), from €40,631 to €27,419
of which Taxes: -€13,211
- Debts after one year -€5,612
down €5,612 (-85.7%), from €6,548 to €935
- Gross operating margin -€101,989
down €101,989 (-74.4%), from €137,107 to €35,118
- Taxes -€17,902
down €17,902 (-72.3%), from €24,777 to €6,875
- Financial charges -€4,460
down €4,460 (-97.4%), from €4,580 to €120
- Depreciation -€3,893
down €3,893 (-29.2%), from €13,311 to €9,418
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.
Derived cash bridge
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 | €311,676 | €322,992 | +€11,316 | +3.6% |
| Fixed assets | 21/28 | €27,348 | €17,930 | -€9,418 | -34.4% |
| Tangible fixed assets | 22/27 | €27,348 | €17,930 | -€9,418 | -34.4% |
| Plant, machinery and equipment | 23 | €1,311 | €902 | -€410 | -31.2% |
| Furniture and vehicles | 24 | €26,037 | €17,028 | -€9,008 | -34.6% |
| Current assets | 29/58 | €284,328 | €305,062 | +€20,734 | +7.3% |
| Stocks and contracts in progress | 3 | - | €231,859 | +€231,859 | |
| Stocks | 30/36 | - | €231,859 | +€231,859 | |
| Amounts receivable within one year | 40/41 | €7,658 | €27,441 | +€19,783 | +258% |
| Trade receivables | 40 | €7,500 | €23,445 | +€15,945 | +213% |
| Other amounts receivable | 41 | €158 | €3,996 | +€3,838 | +2,436% |
| Cash at bank and in hand | 54/58 | €276,050 | €44,895 | -€231,155 | -83.7% |
| Deferred charges and accrued income | 490/1 | €620 | €867 | +€247 | +39.8% |
| Total equity and liabilities | 10/49 | €311,676 | €322,992 | +€11,316 | +3.6% |
| Equity | 10/15 | €233,846 | €251,739 | +€17,893 | +7.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €228,846 | €246,739 | +€17,893 | +7.8% |
| Distributable reserves | 133 | €228,846 | €246,739 | +€17,893 | +7.8% |
| Amounts payable | 17/49 | €77,830 | €71,254 | -€6,577 | -8.5% |
| Amounts payable after more than one year | 17 | €6,548 | €935 | -€5,612 | -85.7% |
| Financial debts | 170/4 | €6,548 | €935 | -€5,612 | -85.7% |
| Amounts payable within one year | 42/48 | €71,283 | €70,318 | -€964 | -1.4% |
| Current portion of amounts payable after more than one year | 42 | €7,537 | €5,612 | -€1,925 | -25.5% |
| Trade debts | 44 | €3,219 | €18,138 | +€14,919 | +464% |
| Suppliers | 440/4 | €3,219 | €18,138 | +€14,919 | +464% |
| Taxes, remuneration and social security | 45 | €40,631 | €27,419 | -€13,211 | -32.5% |
| Taxes | 450/3 | €39,431 | €26,219 | -€13,211 | -33.5% |
| Remuneration and social security | 454/9 | €1,200 | €1,200 | = | 0.0% |
| Other amounts payable | 47/48 | €19,896 | €19,149 | -€747 | -3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,311 | €9,418 | -€3,893 | -29.2% |
| Other operating charges | 640/8 | €750 | €813 | +€62 | +8.3% |
| Gross operating margin | 9900 | €137,107 | €35,118 | -€101,989 | -74.4% |
| Operating profit (loss) | 9901 | €123,046 | €24,887 | -€98,159 | -79.8% |
| Financial income | 75/76B | €1 | €0 | -€1 | -93.1% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -93.1% |
| Financial charges | 65/66B | €4,580 | €120 | -€4,460 | -97.4% |
| Recurring financial charges | 65 | €4,580 | €120 | -€4,460 | -97.4% |
| Profit (loss) for the period before taxes | 9903 | €118,467 | €24,768 | -€93,699 | -79.1% |
| Income taxes | 67/77 | €24,777 | €6,875 | -€17,902 | -72.3% |
| Profit (loss) for the period | 9904 | €93,690 | €17,893 | -€75,797 | -80.9% |
| Profit (loss) for the period to be appropriated | 9905 | €93,690 | €17,893 | -€75,797 | -80.9% |
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 17 October 2026 via checked.be.