J.A.A.C.: 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.
J.A.A.C.
Largest movements
- Cash -€9,167
down €9,167 (-27.2%), from €33,653 to €24,486
mainly Trade debts (-€64,507) and Tax, wage and social debts (-€14,186)
- Receivables within one year +€6,540
up €6,540 (+6.4%), from €101,964 to €108,504
of which Trade receivables: +€19,971
- Stocks and contracts +€2,902
up €2,902 (+21.2%), from €13,683 to €16,585
- Trade debts -€64,507
down €64,507 (-42.9%), from €150,520 to €86,013
- Other debts +€60,481
up €60,481 (+18,732%), from €323 to €60,804
- Profit (loss) carried forward +€20,163
up €20,163 (+65.3%), from -€30,892 to -€10,729
- Tax, wage and social debts -€14,186
down €14,186 (-49.4%), from €28,741 to €14,555
- Purchases and services -€780,602
no longer reported in 2025 (was €780,602)
- Turnover -€748,563
no longer reported in 2025 (was €748,563)
- Gross operating margin +€164,118
up €164,118 (+117%), from €140,441 to €304,559
- Staff costs +€112,414
up €112,414 (+68.0%), from €165,249 to €277,663
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 | €153,693 | €155,643 | +€1,950 | +1.3% |
| Fixed assets | 21/28 | €4,392 | €6,068 | +€1,676 | +38.2% |
| Tangible fixed assets | 22/27 | €4,176 | €4,352 | +€176 | +4.2% |
| Plant, machinery and equipment | 23 | €2,509 | €1,993 | -€516 | -20.6% |
| Furniture and vehicles | 24 | €1,667 | €965 | -€702 | -42.1% |
| Other tangible fixed assets | 26 | - | €1,394 | +€1,394 | |
| Financial fixed assets | 28 | €216 | €1,716 | +€1,500 | +694% |
| Current assets | 29/58 | €149,300 | €149,575 | +€275 | +0.2% |
| Stocks and contracts in progress | 3 | €13,683 | €16,585 | +€2,902 | +21.2% |
| Stocks | 30/36 | €13,683 | €16,585 | +€2,902 | +21.2% |
| Amounts receivable within one year | 40/41 | €101,964 | €108,504 | +€6,540 | +6.4% |
| Trade receivables | 40 | €68,718 | €88,689 | +€19,971 | +29.1% |
| Other amounts receivable | 41 | €33,247 | €19,815 | -€13,432 | -40.4% |
| Cash at bank and in hand | 54/58 | €33,653 | €24,486 | -€9,167 | -27.2% |
| Total equity and liabilities | 10/49 | €153,693 | €155,643 | +€1,950 | +1.3% |
| Equity | 10/15 | -€25,892 | -€5,729 | +€20,163 | +77.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,892 | -€10,729 | +€20,163 | +65.3% |
| Amounts payable | 17/49 | €179,585 | €161,372 | -€18,212 | -10.1% |
| Amounts payable within one year | 42/48 | €179,585 | €161,372 | -€18,212 | -10.1% |
| Trade debts | 44 | €150,520 | €86,013 | -€64,507 | -42.9% |
| Suppliers | 440/4 | €150,520 | €86,013 | -€64,507 | -42.9% |
| Taxes, remuneration and social security | 45 | €28,741 | €14,555 | -€14,186 | -49.4% |
| Remuneration and social security | 454/9 | €28,741 | €14,555 | -€14,186 | -49.4% |
| Other amounts payable | 47/48 | €323 | €60,804 | +€60,481 | +18,732% |
| Turnover | 70 | €748,563 | - | -€748,563 | |
| Non-recurring operating income | 76A | €1,663 | - | -€1,663 | |
| Goods, raw materials, services and sundry goods | 60/61 | €780,602 | - | -€780,602 | |
| Remuneration, social security and pensions | 62 | €165,249 | €277,663 | +€112,414 | +68.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €683 | €1,736 | +€1,054 | +154% |
| Other operating charges | 640/8 | €4,885 | €3,921 | -€964 | -19.7% |
| Gross operating margin | 9900 | €140,441 | €304,559 | +€164,118 | +117% |
| Operating profit (loss) | 9901 | -€30,376 | €21,239 | +€51,615 | |
| Financial income | 75/76B | €144 | €0 | -€144 | -100.0% |
| Recurring financial income | 75 | €144 | €0 | -€144 | -100.0% |
| Financial charges | 65/66B | €660 | €1,076 | +€416 | +63.1% |
| Recurring financial charges | 65 | €660 | €1,076 | +€416 | +63.1% |
| Profit (loss) for the period before taxes | 9903 | -€30,892 | €20,163 | +€51,055 | |
| Profit (loss) for the period | 9904 | -€30,892 | €20,163 | +€51,055 | |
| Profit (loss) for the period to be appropriated | 9905 | -€30,892 | €20,163 | +€51,055 |
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 25 October 2026 via checked.be.