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.
JP SYSTEMS
Largest movements
- Receivables within one year -€39,740
down €39,740 (-19.6%), from €203,143 to €163,403
of which Other amounts receivable: -€20,150
- Cash +€17,221
up €17,221 (+137.8%), from €12,496 to €29,718
mainly Receivables within one year (+€39,740) and Other debts (+€10,000)
- Tangible fixed assets -€7,636
down €7,636 (-36.6%), from €20,877 to €13,241
of which Plant, machinery and equipment: -€6,009
- Tax, wage and social debts -€32,690
down €32,690 (-45.5%), from €71,796 to €39,106
of which Taxes: -€33,855
- Profit (loss) carried forward -€14,934
down €14,934 (-15.6%), from €95,937 to €81,003
- Other debts +€10,000
new in 2024: €10,000
- Trade debts +€7,857
up €7,857 (+13.2%), from €59,658 to €67,515
- Gross operating margin -€36,793
down €36,793 (-49.7%), from €73,959 to €37,167
- Staff costs -€8,605
down €8,605 (-22.9%), from €37,500 to €28,894
- Depreciation -€7,621
down €7,621 (-44.1%), from €17,286 to €9,665
- Taxes -€4,117
down €4,117 (-96.7%), from €4,256 to €140
- Financial charges +€1,953
up €1,953 (+154.9%), from €1,261 to €3,213
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €241,651 | €211,884 | -€29,767 | -12.3% |
| Fixed assets | 21/28 | €26,012 | €17,784 | -€8,228 | -31.6% |
| Intangible fixed assets | 21 | €1,560 | €968 | -€592 | -37.9% |
| Tangible fixed assets | 22/27 | €20,877 | €13,241 | -€7,636 | -36.6% |
| Plant, machinery and equipment | 23 | €19,240 | €13,231 | -€6,009 | -31.2% |
| Furniture and vehicles | 24 | €1,636 | €10 | -€1,627 | -99.4% |
| Financial fixed assets | 28 | €3,575 | €3,575 | = | 0.0% |
| Current assets | 29/58 | €215,639 | €194,101 | -€21,538 | -10.0% |
| Amounts receivable within one year | 40/41 | €203,143 | €163,403 | -€39,740 | -19.6% |
| Trade receivables | 40 | €105,299 | €85,709 | -€19,590 | -18.6% |
| Other amounts receivable | 41 | €97,844 | €77,694 | -€20,150 | -20.6% |
| Cash at bank and in hand | 54/58 | €12,496 | €29,718 | +€17,221 | +137.8% |
| Deferred charges and accrued income | 490/1 | - | €980 | +€980 | |
| Total equity and liabilities | 10/49 | €241,651 | €211,884 | -€29,767 | -12.3% |
| Equity | 10/15 | €110,197 | €95,263 | -€14,934 | -13.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,937 | €81,003 | -€14,934 | -15.6% |
| Amounts payable | 17/49 | €131,454 | €116,621 | -€14,833 | -11.3% |
| Amounts payable within one year | 42/48 | €131,454 | €116,621 | -€14,833 | -11.3% |
| Trade debts | 44 | €59,658 | €67,515 | +€7,857 | +13.2% |
| Suppliers | 440/4 | €59,658 | €67,515 | +€7,857 | +13.2% |
| Taxes, remuneration and social security | 45 | €71,796 | €39,106 | -€32,690 | -45.5% |
| Taxes | 450/3 | €68,296 | €34,441 | -€33,855 | -49.6% |
| Remuneration and social security | 454/9 | €3,500 | €4,665 | +€1,165 | +33.3% |
| Other amounts payable | 47/48 | - | €10,000 | +€10,000 | |
| Remuneration, social security and pensions | 62 | €37,500 | €28,894 | -€8,605 | -22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,286 | €9,665 | -€7,621 | -44.1% |
| Other operating charges | 640/8 | €9,671 | €10,188 | +€517 | +5.3% |
| Gross operating margin | 9900 | €73,959 | €37,167 | -€36,793 | -49.7% |
| Operating profit (loss) | 9901 | €9,502 | -€11,581 | -€21,084 | |
| Financial charges | 65/66B | €1,261 | €3,213 | +€1,953 | +154.9% |
| Recurring financial charges | 65 | €1,261 | €3,213 | +€1,953 | +154.9% |
| Profit (loss) for the period before taxes | 9903 | €8,242 | -€14,794 | -€23,036 | |
| Income taxes | 67/77 | €4,256 | €140 | -€4,117 | -96.7% |
| Profit (loss) for the period | 9904 | €3,985 | -€14,934 | -€18,919 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,985 | -€14,934 | -€18,919 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 September 2026 via checked.be.