SJP: 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.
SJP
Largest movements
- Tangible fixed assets +€42,958
new in 2025: €42,958
- Receivables within one year +€30,587
up €30,587 (+353%), from €8,667 to €39,254
of which Other amounts receivable: +€39,254
- Financial fixed assets -€17,670
down €17,670 (-100%), from €17,670 to €0
- Cash -€6,033
down €6,033 (-51.7%), from €11,674 to €5,641
mainly Contributions, distributions and other (-€70,000) and Receivables within one year (-€30,587)
- Debts after one year +€28,821
new in 2025: €28,821
- Current portion of long-term debt +€14,570
new in 2025: €14,570
- Other debts +€10,500
up €10,500 (+233%), from €4,500 to €15,000
- Profit (loss) carried forward -€9,754
down €9,754 (-54.7%), from €17,836 to €8,082
- Tax, wage and social debts +€4,414
up €4,414 (+37.4%), from €11,816 to €16,230
of which Remuneration and social security: +€3,238
- Gross operating margin +€64,058
up €64,058 (+183%), from €34,964 to €99,022
- Staff costs +€16,291
new in 2025: €16,291
- Taxes +€10,314
up €10,314 (+88.0%), from €11,714 to €22,028
- Depreciation +€2,864
new in 2025: €2,864
- Financial income +€1,148
up €1,148 (+60.6%), from €1,893 to €3,041
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 | €38,011 | €87,853 | +€49,842 | +131% |
| Fixed assets | 21/28 | €17,670 | €42,958 | +€25,288 | +143% |
| Tangible fixed assets | 22/27 | - | €42,958 | +€42,958 | |
| Furniture and vehicles | 24 | - | €42,958 | +€42,958 | |
| Financial fixed assets | 28 | €17,670 | €0 | -€17,670 | -100% |
| Current assets | 29/58 | €20,341 | €44,895 | +€24,554 | +121% |
| Amounts receivable within one year | 40/41 | €8,667 | €39,254 | +€30,587 | +353% |
| Trade receivables | 40 | €8,667 | - | -€8,667 | |
| Other amounts receivable | 41 | - | €39,254 | +€39,254 | |
| Cash at bank and in hand | 54/58 | €11,674 | €5,641 | -€6,033 | -51.7% |
| Total equity and liabilities | 10/49 | €38,011 | €87,853 | +€49,842 | +131% |
| Equity | 10/15 | €20,836 | €11,082 | -€9,754 | -46.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,836 | €8,082 | -€9,754 | -54.7% |
| Amounts payable | 17/49 | €17,175 | €76,771 | +€59,596 | +347% |
| Amounts payable after more than one year | 17 | - | €28,821 | +€28,821 | |
| Financial debts | 170/4 | - | €28,821 | +€28,821 | |
| Amounts payable within one year | 42/48 | €17,175 | €47,950 | +€30,775 | +179% |
| Current portion of amounts payable after more than one year | 42 | - | €14,570 | +€14,570 | |
| Trade debts | 44 | €859 | €2,150 | +€1,291 | +150% |
| Suppliers | 440/4 | €859 | €2,150 | +€1,291 | +150% |
| Taxes, remuneration and social security | 45 | €11,816 | €16,230 | +€4,414 | +37.4% |
| Taxes | 450/3 | €11,816 | €12,992 | +€1,176 | +10.0% |
| Remuneration and social security | 454/9 | - | €3,238 | +€3,238 | |
| Other amounts payable | 47/48 | €4,500 | €15,000 | +€10,500 | +233% |
| Remuneration, social security and pensions | 62 | - | €16,291 | +€16,291 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,864 | +€2,864 | |
| Other operating charges | 640/8 | - | €127 | +€127 | |
| Gross operating margin | 9900 | €34,964 | €99,022 | +€64,058 | +183% |
| Operating profit (loss) | 9901 | €34,964 | €79,740 | +€44,776 | +128% |
| Financial income | 75/76B | €1,893 | €3,041 | +€1,148 | +60.6% |
| Recurring financial income | 75 | €1,893 | €3,041 | +€1,148 | +60.6% |
| Financial charges | 65/66B | €706 | €507 | -€199 | -28.2% |
| Recurring financial charges | 65 | €706 | €507 | -€199 | -28.2% |
| Profit (loss) for the period before taxes | 9903 | €36,151 | €82,274 | +€46,123 | +128% |
| Income taxes | 67/77 | €11,714 | €22,028 | +€10,314 | +88.0% |
| Profit (loss) for the period | 9904 | €24,437 | €60,246 | +€35,809 | +147% |
| Profit (loss) for the period to be appropriated | 9905 | €24,437 | €60,246 | +€35,809 | +147% |
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 14 October 2026 via checked.be.