J3 PROJECTS: what changed
J3 PROJECTS
Largest movements
- Stocks and contracts +€276,780
new in 2025: €276,780
- Cash -€128,983
down €128,983 (-98.8%), from €130,569 to €1,586
mainly Stocks and contracts (-€276,780) and Tax, wage and social debts (-€5,699)
- Other debts +€157,125
new in 2025: €157,125
- Tax, wage and social debts -€5,699
no longer reported in 2025 (was €5,699)
- Profit (loss) carried forward -€3,480
down €3,480 (-22.9%), from €15,215 to €11,736
- Purchases and services -€355,529
down €355,529 (-99.2%), from €358,285 to €2,756
- Gross operating margin -€38,451
down €38,451, from €35,695 to -€2,756
- Financial charges -€6,543
down €6,543 (-92.0%), from €7,113 to €570
- Taxes -€5,699
no longer reported in 2025 (was €5,699)
- Financial income +€500
new in 2025: €500
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 | €130,569 | €278,516 | +€147,947 | +113% |
| Current assets | 29/58 | €130,569 | €278,516 | +€147,947 | +113% |
| Stocks and contracts in progress | 3 | - | €276,780 | +€276,780 | |
| Stocks | 30/36 | - | €276,780 | +€276,780 | |
| Amounts receivable within one year | 40/41 | - | €150 | +€150 | |
| Other amounts receivable | 41 | - | €150 | +€150 | |
| Cash at bank and in hand | 54/58 | €130,569 | €1,586 | -€128,983 | -98.8% |
| Total equity and liabilities | 10/49 | €130,569 | €278,516 | +€147,947 | +113% |
| Equity | 10/15 | €72,095 | €68,615 | -€3,480 | -4.8% |
| Contributions | 10/11 | €12,536 | €12,536 | = | 0.0% |
| Reserves | 13 | €44,344 | €44,344 | = | 0.0% |
| Distributable reserves | 133 | €44,344 | €44,344 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,215 | €11,736 | -€3,480 | -22.9% |
| Amounts payable | 17/49 | €58,475 | €209,901 | +€151,426 | +259% |
| Amounts payable after more than one year | 17 | €52,600 | €52,600 | = | 0.0% |
| Financial debts | 170/4 | €52,600 | €52,600 | = | 0.0% |
| Amounts payable within one year | 42/48 | €5,699 | €157,125 | +€151,426 | +2,657% |
| Taxes, remuneration and social security | 45 | €5,699 | - | -€5,699 | |
| Taxes | 450/3 | €5,699 | - | -€5,699 | |
| Other amounts payable | 47/48 | - | €157,125 | +€157,125 | |
| Accrued charges and deferred income | 492/3 | €175 | €175 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €358,285 | €2,756 | -€355,529 | -99.2% |
| Other operating charges | 640/8 | €487 | €654 | +€166 | +34.1% |
| Gross operating margin | 9900 | €35,695 | -€2,756 | -€38,451 | |
| Operating profit (loss) | 9901 | €35,208 | -€3,410 | -€38,618 | |
| Financial income | 75/76B | - | €500 | +€500 | |
| Recurring financial income | 75 | - | €500 | +€500 | |
| Financial charges | 65/66B | €7,113 | €570 | -€6,543 | -92.0% |
| Recurring financial charges | 65 | €7,113 | €570 | -€6,543 | -92.0% |
| Profit (loss) for the period before taxes | 9903 | €28,095 | -€3,480 | -€31,574 | |
| Income taxes | 67/77 | €5,699 | - | -€5,699 | |
| Profit (loss) for the period | 9904 | €22,396 | -€3,480 | -€25,875 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,396 | -€3,480 | -€25,875 |
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 2 November 2026 via checked.be.