A. JAYASWAL M.D.: 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.
A. JAYASWAL M.D.
Largest movements
- Receivables after one year +€8,442
up €8,442 (+6.9%), from €122,447 to €130,889
- Tangible fixed assets -€8,203
down €8,203 (-3.4%), from €238,578 to €230,375
- Other debts -€44,536
no longer reported in 2024 (was €44,536)
- Trade debts +€28,251
up €28,251 (+833%), from €3,392 to €31,643
- Reserves +€21,935
up €21,935 (+22.7%), from €96,539 to €118,474
of which Distributable reserves: +€21,935
- Debts after one year -€12,595
down €12,595 (-6.3%), from €198,472 to €185,877
- Tax, wage and social debts +€9,505
up €9,505 (+98.8%), from €9,624 to €19,129
- Taxes +€4,856
up €4,856 (+74.5%), from €6,516 to €11,372
- Financial charges -€4,767
down €4,767 (-42.8%), from €11,127 to €6,360
- Gross operating margin +€2,908
up €2,908 (+6.8%), from €42,941 to €45,849
- Depreciation -€1,533
down €1,533 (-15.7%), from €9,736 to €8,203
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.
Derived cash bridge
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 | €371,106 | €372,734 | +€1,628 | +0.4% |
| Fixed assets | 21/28 | €238,578 | €230,375 | -€8,203 | -3.4% |
| Tangible fixed assets | 22/27 | €238,578 | €230,375 | -€8,203 | -3.4% |
| Land and buildings | 22 | €238,578 | €230,375 | -€8,203 | -3.4% |
| Current assets | 29/58 | €132,528 | €142,359 | +€9,831 | +7.4% |
| Amounts receivable after more than one year | 29 | €122,447 | €130,889 | +€8,442 | +6.9% |
| Other amounts receivable | 291 | €122,447 | €130,889 | +€8,442 | +6.9% |
| Current investments | 50/53 | €2,000 | €2,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €356 | €1,658 | +€1,302 | +366% |
| Deferred charges and accrued income | 490/1 | €7,725 | €7,812 | +€87 | +1.1% |
| Total equity and liabilities | 10/49 | €371,106 | €372,734 | +€1,628 | +0.4% |
| Equity | 10/15 | €99,039 | €120,974 | +€21,935 | +22.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €96,539 | €118,474 | +€21,935 | +22.7% |
| Non-distributable reserves | 130/1 | €17,609 | €17,609 | = | 0.0% |
| Reserves not available under the articles | 1311 | €17,609 | €17,609 | = | 0.0% |
| Distributable reserves | 133 | €78,930 | €100,865 | +€21,935 | +27.8% |
| Amounts payable | 17/49 | €272,067 | €251,760 | -€20,307 | -7.5% |
| Amounts payable after more than one year | 17 | €198,472 | €185,877 | -€12,595 | -6.3% |
| Financial debts | 170/4 | €198,472 | €185,877 | -€12,595 | -6.3% |
| Amounts payable within one year | 42/48 | €73,595 | €65,883 | -€7,712 | -10.5% |
| Current portion of amounts payable after more than one year | 42 | €13,635 | €12,698 | -€937 | -6.9% |
| Financial debts | 43 | €2,408 | €2,413 | +€5 | +0.2% |
| Credit institutions | 430/8 | €2,408 | €2,413 | +€5 | +0.2% |
| Trade debts | 44 | €3,392 | €31,643 | +€28,251 | +833% |
| Suppliers | 440/4 | €3,392 | €31,643 | +€28,251 | +833% |
| Taxes, remuneration and social security | 45 | €9,624 | €19,129 | +€9,505 | +98.8% |
| Taxes | 450/3 | €9,624 | €19,129 | +€9,505 | +98.8% |
| Other amounts payable | 47/48 | €44,536 | - | -€44,536 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,736 | €8,203 | -€1,533 | -15.7% |
| Other operating charges | 640/8 | €2,035 | €1,644 | -€391 | -19.2% |
| Gross operating margin | 9900 | €42,941 | €45,849 | +€2,908 | +6.8% |
| Operating profit (loss) | 9901 | €31,170 | €36,002 | +€4,832 | +15.5% |
| Financial income | 75/76B | €3,428 | €3,665 | +€237 | +6.9% |
| Recurring financial income | 75 | €3,428 | €3,665 | +€237 | +6.9% |
| Financial charges | 65/66B | €11,127 | €6,360 | -€4,767 | -42.8% |
| Recurring financial charges | 65 | €11,127 | €6,360 | -€4,767 | -42.8% |
| Profit (loss) for the period before taxes | 9903 | €23,471 | €33,307 | +€9,836 | +41.9% |
| Income taxes | 67/77 | €6,516 | €11,372 | +€4,856 | +74.5% |
| Profit (loss) for the period | 9904 | €16,955 | €21,935 | +€4,980 | +29.4% |
| Profit (loss) for the period to be appropriated | 9905 | €16,955 | €21,935 | +€4,980 | +29.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.