Studio Jpo: 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.
Studio Jpo
Largest movements
- Cash +€107,551
up €107,551 (+57.5%), from €187,206 to €294,757
mainly Debts after one year (+€150,000) and Net result for the year (+€94,128)
- Receivables after one year +€100,000
new in 2025: €100,000
- Tangible fixed assets -€6,416
down €6,416 (-11.7%), from €55,042 to €48,626
of which Furniture and vehicles: -€5,624
- Deferred charges and accrued income +€6,003
up €6,003 (+102%), from €5,869 to €11,873
- Debts after one year +€150,000
up €150,000, from €0 to €150,000
- Reserves +€94,128
up €94,128 (+61.6%), from €152,875 to €247,003
- Other debts -€49,517
down €49,517 (-60.4%), from €81,977 to €32,460
- Trade debts +€18,651
up €18,651 (+88.2%), from €21,156 to €39,807
- Gross operating margin +€129,276
up €129,276 (+35.8%), from €361,228 to €490,504
- Staff costs +€124,729
up €124,729 (+58.6%), from €213,003 to €337,733
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 | €374,555 | €579,997 | +€205,442 | +54.8% |
| Fixed assets | 21/28 | €58,162 | €51,746 | -€6,416 | -11.0% |
| Tangible fixed assets | 22/27 | €55,042 | €48,626 | -€6,416 | -11.7% |
| Plant, machinery and equipment | 23 | €4,375 | €4,214 | -€161 | -3.7% |
| Furniture and vehicles | 24 | €39,326 | €33,702 | -€5,624 | -14.3% |
| Other tangible fixed assets | 26 | €11,341 | €10,710 | -€631 | -5.6% |
| Financial fixed assets | 28 | €3,120 | €3,120 | = | 0.0% |
| Current assets | 29/58 | €316,392 | €528,251 | +€211,858 | +67.0% |
| Amounts receivable after more than one year | 29 | - | €100,000 | +€100,000 | |
| Other amounts receivable | 291 | - | €100,000 | +€100,000 | |
| Amounts receivable within one year | 40/41 | €123,317 | €121,621 | -€1,696 | -1.4% |
| Trade receivables | 40 | €123,317 | €121,621 | -€1,696 | -1.4% |
| Cash at bank and in hand | 54/58 | €187,206 | €294,757 | +€107,551 | +57.5% |
| Deferred charges and accrued income | 490/1 | €5,869 | €11,873 | +€6,003 | +102% |
| Total equity and liabilities | 10/49 | €374,555 | €579,997 | +€205,442 | +54.8% |
| Equity | 10/15 | €162,770 | €256,897 | +€94,128 | +57.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €152,875 | €247,003 | +€94,128 | +61.6% |
| Distributable reserves | 133 | €152,875 | €247,003 | +€94,128 | +61.6% |
| Profit (loss) carried forward | 14 | €4,894 | €4,894 | = | 0.0% |
| Amounts payable | 17/49 | €211,785 | €323,099 | +€111,314 | +52.6% |
| Amounts payable after more than one year | 17 | €0 | €150,000 | +€150,000 | |
| Financial debts | 170/4 | €0 | €150,000 | +€150,000 | |
| Amounts payable within one year | 42/48 | €198,717 | €163,264 | -€35,452 | -17.8% |
| Current portion of amounts payable after more than one year | 42 | €464 | €0 | -€464 | -100% |
| Trade debts | 44 | €21,156 | €39,807 | +€18,651 | +88.2% |
| Suppliers | 440/4 | €21,156 | €39,807 | +€18,651 | +88.2% |
| Taxes, remuneration and social security | 45 | €95,120 | €90,997 | -€4,123 | -4.3% |
| Taxes | 450/3 | €48,000 | €49,112 | +€1,112 | +2.3% |
| Remuneration and social security | 454/9 | €47,120 | €41,885 | -€5,236 | -11.1% |
| Other amounts payable | 47/48 | €81,977 | €32,460 | -€49,517 | -60.4% |
| Accrued charges and deferred income | 492/3 | €13,068 | €9,835 | -€3,233 | -24.7% |
| Remuneration, social security and pensions | 62 | €213,003 | €337,733 | +€124,729 | +58.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,491 | €17,433 | -€58 | -0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,680 | €3,629 | +€1,949 | +116% |
| Gross operating margin | 9900 | €361,228 | €490,504 | +€129,276 | +35.8% |
| Operating profit (loss) | 9901 | €129,054 | €131,710 | +€2,655 | +2.1% |
| Financial income | 75/76B | €19 | €513 | +€494 | +2,611% |
| Recurring financial income | 75 | €19 | €513 | +€494 | +2,611% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €3,655 | €6,390 | +€2,735 | +74.8% |
| Recurring financial charges | 65 | €3,655 | €6,390 | +€2,735 | +74.8% |
| Profit (loss) for the period before taxes | 9903 | €125,418 | €125,833 | +€415 | +0.3% |
| Income taxes | 67/77 | €30,524 | €31,705 | +€1,181 | +3.9% |
| Profit (loss) for the period | 9904 | €94,894 | €94,128 | -€767 | -0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €94,894 | €94,128 | -€767 | -0.8% |
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 19 October 2026 via checked.be.