J.A.S.U.: 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.S.U.
Largest movements
- Tangible fixed assets -€13,563
down €13,563 (-14.9%), from €90,892 to €77,329
of which Land and buildings: -€9,177
- Cash -€11,749
down €11,749 (-75.5%), from €15,571 to €3,821
mainly Net result for the year (-€16,801) and Deferred charges and accrued income (-€6,000)
- Deferred charges and accrued income +€6,000
up €6,000 (+17.1%), from €35,000 to €41,000
- Profit (loss) carried forward -€11,260
down €11,260, from €7,619 to -€3,641
- Reserves -€5,541
down €5,541 (-5.5%), from €100,851 to €95,310
of which Tax-exempt reserves: -€5,541
- Provisions -€2,328
down €2,328 (-28.2%), from €8,258 to €5,930
- Trade debts -€2,004
down €2,004 (-92.7%), from €2,162 to €158
- Other debts +€1,821
up €1,821 (+45.7%), from €3,980 to €5,801
- Taxes +€6,410
new in 2025: €6,410
- Gross operating margin -€2,020
down €2,020 (-70.5%), from €2,864 to €844
- Depreciation +€241
up €241 (+1.8%), from €13,322 to €13,563
- Financial income -€35
no longer reported in 2025 (was €35)
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 | €141,462 | €122,150 | -€19,312 | -13.7% |
| Fixed assets | 21/28 | €90,892 | €77,329 | -€13,563 | -14.9% |
| Tangible fixed assets | 22/27 | €90,892 | €77,329 | -€13,563 | -14.9% |
| Land and buildings | 22 | €65,569 | €56,391 | -€9,177 | -14.0% |
| Plant, machinery and equipment | 23 | €25,323 | €20,938 | -€4,385 | -17.3% |
| Current assets | 29/58 | €50,571 | €44,821 | -€5,749 | -11.4% |
| Cash at bank and in hand | 54/58 | €15,571 | €3,821 | -€11,749 | -75.5% |
| Deferred charges and accrued income | 490/1 | €35,000 | €41,000 | +€6,000 | +17.1% |
| Total equity and liabilities | 10/49 | €141,462 | €122,150 | -€19,312 | -13.7% |
| Equity | 10/15 | €127,062 | €110,261 | -€16,801 | -13.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €100,851 | €95,310 | -€5,541 | -5.5% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €19,659 | €14,118 | -€5,541 | -28.2% |
| Distributable reserves | 133 | €79,333 | €79,333 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,619 | -€3,641 | -€11,260 | |
| Provisions and deferred taxes | 16 | €8,258 | €5,930 | -€2,328 | -28.2% |
| Deferred taxes | 168 | €8,258 | €5,930 | -€2,328 | -28.2% |
| Amounts payable | 17/49 | €6,142 | €5,959 | -€184 | -3.0% |
| Amounts payable within one year | 42/48 | €6,142 | €5,959 | -€184 | -3.0% |
| Trade debts | 44 | €2,162 | €158 | -€2,004 | -92.7% |
| Suppliers | 440/4 | €2,162 | €158 | -€2,004 | -92.7% |
| Other amounts payable | 47/48 | €3,980 | €5,801 | +€1,821 | +45.7% |
| Non-recurring operating income | 76A | - | €60 | +€60 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,322 | €13,563 | +€241 | +1.8% |
| Gross operating margin | 9900 | €2,864 | €844 | -€2,020 | -70.5% |
| Operating profit (loss) | 9901 | -€10,457 | -€12,719 | -€2,261 | -21.6% |
| Financial income | 75/76B | €35 | - | -€35 | |
| Recurring financial income | 75 | €35 | - | -€35 | |
| Profit (loss) for the period before taxes | 9903 | -€10,422 | -€12,719 | -€2,296 | -22.0% |
| Transfer from deferred taxes | 780 | €2,328 | €2,328 | = | 0.0% |
| Income taxes | 67/77 | - | €6,410 | +€6,410 | |
| Profit (loss) for the period | 9904 | -€8,095 | -€16,801 | -€8,706 | -108% |
| Transfer from tax-exempt reserves | 789 | €5,541 | €5,541 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,553 | -€11,260 | -€8,706 | -341% |
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 18 October 2026 via checked.be.