JSP: 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.
JSP
Largest movements
- Current investments -€87,673
down €87,673 (-48.7%), from €179,999 to €92,327
- Receivables after one year -€30,722
down €30,722 (-100.0%), from €30,722 to €0
- Receivables within one year +€23,177
up €23,177 (+48.9%), from €47,359 to €70,536
- Reserves -€142,836
down €142,836 (-59.4%), from €240,279 to €97,443
- Other debts +€57,547
up €57,547 (+502.5%), from €11,453 to €68,999
- Tax, wage and social debts -€12,620
down €12,620 (-33.0%), from €38,200 to €25,580
of which Taxes: -€12,632
- Trade debts +€4,279
up €4,279 (+2008.7%), from €213 to €4,492
- Gross operating margin +€31,330
up €31,330 (+31.2%), from €100,495 to €131,825
- Taxes +€7,323
up €7,323 (+34.0%), from €21,537 to €28,860
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €293,145 | €199,514 | -€93,631 | -31.9% |
| Fixed assets | 21/28 | - | €1,431 | +€1,431 | |
| Tangible fixed assets | 22/27 | - | €1,431 | +€1,431 | |
| Furniture and vehicles | 24 | - | €1,431 | +€1,431 | |
| Current assets | 29/58 | €293,145 | €198,083 | -€95,061 | -32.4% |
| Amounts receivable after more than one year | 29 | €30,722 | €0 | -€30,722 | -100.0% |
| Other amounts receivable | 291 | €30,722 | €0 | -€30,722 | -100.0% |
| Amounts receivable within one year | 40/41 | €47,359 | €70,536 | +€23,177 | +48.9% |
| Trade receivables | 40 | €47,359 | €70,536 | +€23,177 | +48.9% |
| Current investments | 50/53 | €179,999 | €92,327 | -€87,673 | -48.7% |
| Cash at bank and in hand | 54/58 | €35,064 | €35,221 | +€157 | +0.4% |
| Total equity and liabilities | 10/49 | €293,145 | €199,514 | -€93,631 | -31.9% |
| Equity | 10/15 | €243,279 | €100,443 | -€142,836 | -58.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €240,279 | €97,443 | -€142,836 | -59.4% |
| Distributable reserves | 133 | €240,279 | €97,443 | -€142,836 | -59.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €49,866 | €99,071 | +€49,205 | +98.7% |
| Amounts payable within one year | 42/48 | €49,866 | €99,071 | +€49,205 | +98.7% |
| Trade debts | 44 | €213 | €4,492 | +€4,279 | +2008.7% |
| Suppliers | 440/4 | €213 | €4,492 | +€4,279 | +2008.7% |
| Taxes, remuneration and social security | 45 | €38,200 | €25,580 | -€12,620 | -33.0% |
| Taxes | 450/3 | €35,124 | €22,492 | -€12,632 | -36.0% |
| Remuneration and social security | 454/9 | €3,076 | €3,088 | +€12 | +0.4% |
| Other amounts payable | 47/48 | €11,453 | €68,999 | +€57,547 | +502.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €511 | +€511 | |
| Other operating charges | 640/8 | €408 | €1,138 | +€730 | +178.8% |
| Gross operating margin | 9900 | €100,495 | €131,825 | +€31,330 | +31.2% |
| Operating profit (loss) | 9901 | €100,087 | €130,177 | +€30,090 | +30.1% |
| Financial income | 75/76B | €1,860 | €1,953 | +€92 | +5.0% |
| Recurring financial income | 75 | €1,860 | €1,953 | +€92 | +5.0% |
| Financial charges | 65/66B | €2,189 | €2,402 | +€213 | +9.7% |
| Recurring financial charges | 65 | €2,189 | €2,402 | +€213 | +9.7% |
| Profit (loss) for the period before taxes | 9903 | €99,758 | €129,727 | +€29,969 | +30.0% |
| Income taxes | 67/77 | €21,537 | €28,860 | +€7,323 | +34.0% |
| Profit (loss) for the period | 9904 | €78,221 | €100,867 | +€22,646 | +29.0% |
| Profit (loss) for the period to be appropriated | 9905 | €78,221 | €100,867 | +€22,646 | +29.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.