JAP: what changed
JAP
Largest movements
- Receivables within one year -€227
down €227 (-100%), from €227 to €0
- Cash -€89
down €89 (-89.3%), from €99 to €11
mainly Net result for the year (-€2,581) and Tax, wage and social debts (-€237)
- Profit (loss) carried forward -€2,581
down €2,581 (-3.4%), from -€75,248 to -€77,829
- Other debts +€2,019
up €2,019 (+16.0%), from €12,627 to €14,646
- Advances received +€595
new in 2025: €595
- Tax, wage and social debts -€237
down €237 (-23.4%), from €1,011 to €774
- Accrued charges and deferred income -€65
down €65 (-100%), from €65 to €0
- Gross operating margin -€950
down €950 (-218%), from -€435 to -€1,385
- Other operating charges +€629
up €629 (+329%), from €191 to €820
- Taxes -€221
down €221 (-48.0%), from €460 to €239
- Financial charges +€37
up €37 (+37.0%), from €100 to €137
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €475 | €159 | -€316 | -66.5% |
| Fixed assets | 21/28 | €149 | €149 | = | 0.0% |
| Financial fixed assets | 28 | €149 | €149 | = | 0.0% |
| Current assets | 29/58 | €326 | €11 | -€316 | -96.8% |
| Amounts receivable within one year | 40/41 | €227 | €0 | -€227 | -100% |
| Trade receivables | 40 | €227 | €0 | -€227 | -100% |
| Cash at bank and in hand | 54/58 | €99 | €11 | -€89 | -89.3% |
| Total equity and liabilities | 10/49 | €475 | €159 | -€316 | -66.5% |
| Equity | 10/15 | -€13,274 | -€15,856 | -€2,581 | -19.4% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€75,248 | -€77,829 | -€2,581 | -3.4% |
| Amounts payable | 17/49 | €13,749 | €16,015 | +€2,266 | +16.5% |
| Amounts payable within one year | 42/48 | €13,684 | €16,015 | +€2,331 | +17.0% |
| Trade debts | 44 | €47 | €0 | -€47 | -100% |
| Suppliers | 440/4 | €47 | €0 | -€47 | -100% |
| Advances received on contracts in progress | 46 | - | €595 | +€595 | |
| Taxes, remuneration and social security | 45 | €1,011 | €774 | -€237 | -23.4% |
| Taxes | 450/3 | €1,011 | €774 | -€237 | -23.4% |
| Other amounts payable | 47/48 | €12,627 | €14,646 | +€2,019 | +16.0% |
| Accrued charges and deferred income | 492/3 | €65 | €0 | -€65 | -100% |
| Other operating charges | 640/8 | €191 | €820 | +€629 | +329% |
| Gross operating margin | 9900 | -€435 | -€1,385 | -€950 | -218% |
| Operating profit (loss) | 9901 | -€626 | -€2,205 | -€1,578 | -252% |
| Financial charges | 65/66B | €100 | €137 | +€37 | +37.0% |
| Recurring financial charges | 65 | €100 | €137 | +€37 | +37.0% |
| Profit (loss) for the period before taxes | 9903 | -€726 | -€2,342 | -€1,615 | -222% |
| Income taxes | 67/77 | €460 | €239 | -€221 | -48.0% |
| Profit (loss) for the period | 9904 | -€1,187 | -€2,581 | -€1,395 | -118% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,187 | -€2,581 | -€1,395 | -118% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.