JSJ Immo: 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.
JSJ Immo
Largest movements
- Tangible fixed assets -€196,818
down €196,818 (-21.5%), from €917,240 to €720,422
- Debts after one year -€210,102
down €210,102 (-39.1%), from €537,518 to €327,416
- Profit (loss) carried forward +€135,194
up €135,194, from -€69,156 to €66,039
- Other debts -€123,893
down €123,893 (-29.9%), from €413,681 to €289,788
- Tax, wage and social debts +€9,661
new in 2025: €9,661
- Gross operating margin +€196,804
up €196,804 (+1765.6%), from €11,146 to €207,950
- Depreciation +€18,252
up €18,252 (+83.0%), from €21,994 to €40,246
- Financial charges +€14,193
up €14,193 (+299.2%), from €4,743 to €18,936
- Taxes +€9,661
new in 2025: €9,661
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 | €925,466 | €736,427 | -€189,039 | -20.4% |
| Fixed assets | 21/28 | €917,240 | €720,422 | -€196,818 | -21.5% |
| Tangible fixed assets | 22/27 | €917,240 | €720,422 | -€196,818 | -21.5% |
| Land and buildings | 22 | €917,240 | €720,422 | -€196,818 | -21.5% |
| Current assets | 29/58 | €8,226 | €16,005 | +€7,779 | +94.6% |
| Cash at bank and in hand | 54/58 | €8,226 | €14,676 | +€6,450 | +78.4% |
| Deferred charges and accrued income | 490/1 | - | €1,328 | +€1,328 | |
| Total equity and liabilities | 10/49 | €925,466 | €736,427 | -€189,039 | -20.4% |
| Equity | 10/15 | -€48,696 | €86,498 | +€135,194 | |
| Contributions | 10/11 | €20,459 | €20,459 | = | 0.0% |
| Capital | 10 | €20,459 | €20,459 | = | 0.0% |
| Issued capital | 100 | €20,459 | €20,459 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,156 | €66,039 | +€135,194 | |
| Amounts payable | 17/49 | €974,163 | €649,929 | -€324,234 | -33.3% |
| Amounts payable after more than one year | 17 | €537,518 | €327,416 | -€210,102 | -39.1% |
| Financial debts | 170/4 | €537,518 | €327,416 | -€210,102 | -39.1% |
| Amounts payable within one year | 42/48 | €436,644 | €322,513 | -€114,132 | -26.1% |
| Current portion of amounts payable after more than one year | 42 | €22,964 | €16,905 | -€6,059 | -26.4% |
| Trade debts | 44 | - | €6,160 | +€6,160 | |
| Suppliers | 440/4 | - | €6,160 | +€6,160 | |
| Taxes, remuneration and social security | 45 | - | €9,661 | +€9,661 | |
| Taxes | 450/3 | - | €9,661 | +€9,661 | |
| Other amounts payable | 47/48 | €413,681 | €289,788 | -€123,893 | -29.9% |
| Non-recurring operating income | 76A | - | €180,297 | +€180,297 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,994 | €40,246 | +€18,252 | +83.0% |
| Other operating charges | 640/8 | €3,502 | €3,913 | +€411 | +11.7% |
| Gross operating margin | 9900 | €11,146 | €207,950 | +€196,804 | +1765.6% |
| Operating profit (loss) | 9901 | -€14,350 | €163,791 | +€178,141 | |
| Financial charges | 65/66B | €4,743 | €18,936 | +€14,193 | +299.2% |
| Recurring financial charges | 65 | €4,743 | €18,936 | +€14,193 | +299.2% |
| Profit (loss) for the period before taxes | 9903 | -€19,093 | €144,855 | +€163,948 | |
| Income taxes | 67/77 | - | €9,661 | +€9,661 | |
| Profit (loss) for the period | 9904 | -€19,093 | €135,194 | +€154,287 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,093 | €135,194 | +€154,287 |
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 5 October 2026 via checked.be.