J-ASSIST: 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-ASSIST
Largest movements
- Stocks and contracts +€27,623
up €27,623 (+615%), from €4,495 to €32,117
- Receivables after one year -€25,000
down €25,000 (-100%), from €25,000 to €0
- Cash -€8,710
down €8,710 (-29.4%), from €29,668 to €20,958
mainly Stocks and contracts (-€27,623) and Other debts (-€25,064)
- Receivables within one year +€4,629
up €4,629 (+15.0%), from €30,907 to €35,536
of which Other amounts receivable: +€2,932
- Tangible fixed assets +€4,263
up €4,263 (+86.2%), from €4,945 to €9,208
of which Furniture and vehicles: +€6,044
- Trade debts +€31,227
up €31,227 (+818%), from €3,819 to €35,046
- Other debts -€25,064
down €25,064 (-83.7%), from €29,957 to €4,893
- Reserves +€9,926
up €9,926 (+30.3%), from €32,777 to €42,703
- Tax, wage and social debts -€3,998
down €3,998 (-42.0%), from €9,528 to €5,530
- Current portion of long-term debt -€3,556
down €3,556 (-35.3%), from €10,080 to €6,524
- Gross operating margin -€24,015
down €24,015 (-47.9%), from €50,086 to €26,071
- Taxes -€4,109
down €4,109 (-45.8%), from €8,974 to €4,865
- Depreciation -€1,804
down €1,804 (-23.0%), from €7,854 to €6,050
- Financial income -€624
down €624 (-99.4%), from €628 to €4
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 | €108,880 | €116,260 | +€7,380 | +6.8% |
| Fixed assets | 21/28 | €9,074 | €14,638 | +€5,564 | +61.3% |
| Intangible fixed assets | 21 | €799 | €299 | -€500 | -62.6% |
| Tangible fixed assets | 22/27 | €4,945 | €9,208 | +€4,263 | +86.2% |
| Plant, machinery and equipment | 23 | €3,035 | €1,255 | -€1,780 | -58.7% |
| Furniture and vehicles | 24 | €1,910 | €7,953 | +€6,044 | +316% |
| Financial fixed assets | 28 | €3,331 | €5,132 | +€1,801 | +54.1% |
| Current assets | 29/58 | €99,806 | €101,622 | +€1,816 | +1.8% |
| Amounts receivable after more than one year | 29 | €25,000 | €0 | -€25,000 | -100% |
| Other amounts receivable | 291 | €25,000 | €0 | -€25,000 | -100% |
| Stocks and contracts in progress | 3 | €4,495 | €32,117 | +€27,623 | +615% |
| Stocks | 30/36 | €4,495 | €32,117 | +€27,623 | +615% |
| Amounts receivable within one year | 40/41 | €30,907 | €35,536 | +€4,629 | +15.0% |
| Trade receivables | 40 | €29,038 | €30,735 | +€1,697 | +5.8% |
| Other amounts receivable | 41 | €1,869 | €4,801 | +€2,932 | +157% |
| Cash at bank and in hand | 54/58 | €29,668 | €20,958 | -€8,710 | -29.4% |
| Deferred charges and accrued income | 490/1 | €9,737 | €13,011 | +€3,274 | +33.6% |
| Total equity and liabilities | 10/49 | €108,880 | €116,260 | +€7,380 | +6.8% |
| Equity | 10/15 | €47,777 | €57,703 | +€9,926 | +20.8% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €32,777 | €42,703 | +€9,926 | +30.3% |
| Distributable reserves | 133 | €32,777 | €42,703 | +€9,926 | +30.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €61,103 | €58,557 | -€2,546 | -4.2% |
| Amounts payable after more than one year | 17 | €6,924 | €5,607 | -€1,317 | -19.0% |
| Financial debts | 170/4 | €6,924 | €5,607 | -€1,317 | -19.0% |
| Amounts payable within one year | 42/48 | €54,179 | €52,950 | -€1,229 | -2.3% |
| Current portion of amounts payable after more than one year | 42 | €10,080 | €6,524 | -€3,556 | -35.3% |
| Financial debts | 43 | €795 | €956 | +€161 | +20.2% |
| Credit institutions | 430/8 | €795 | €956 | +€161 | +20.2% |
| Trade debts | 44 | €3,819 | €35,046 | +€31,227 | +818% |
| Suppliers | 440/4 | €3,819 | €35,046 | +€31,227 | +818% |
| Taxes, remuneration and social security | 45 | €9,528 | €5,530 | -€3,998 | -42.0% |
| Taxes | 450/3 | €9,528 | €5,530 | -€3,998 | -42.0% |
| Other amounts payable | 47/48 | €29,957 | €4,893 | -€25,064 | -83.7% |
| Non-recurring operating income | 76A | €8,568 | €0 | -€8,568 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,854 | €6,050 | -€1,804 | -23.0% |
| Other operating charges | 640/8 | €923 | €778 | -€144 | -15.6% |
| Gross operating margin | 9900 | €50,086 | €26,071 | -€24,015 | -47.9% |
| Operating profit (loss) | 9901 | €41,310 | €19,243 | -€22,067 | -53.4% |
| Financial income | 75/76B | €628 | €4 | -€624 | -99.4% |
| Recurring financial income | 75 | €628 | €4 | -€624 | -99.4% |
| Financial charges | 65/66B | €4,905 | €4,455 | -€449 | -9.2% |
| Recurring financial charges | 65 | €4,905 | €4,455 | -€449 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | €37,033 | €14,791 | -€22,242 | -60.1% |
| Income taxes | 67/77 | €8,974 | €4,865 | -€4,109 | -45.8% |
| Profit (loss) for the period | 9904 | €28,059 | €9,926 | -€18,133 | -64.6% |
| Profit (loss) for the period to be appropriated | 9905 | €28,059 | €9,926 | -€18,133 | -64.6% |
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 27 October 2026 via checked.be.