J.G.S.CAN: what changed
J.G.S.CAN
Largest movements
- Tangible fixed assets -€165,683
down €165,683 (-51.7%), from €320,461 to €154,778
- Receivables within one year +€15,004
up €15,004 (+309%), from €4,854 to €19,858
of which Trade receivables: +€14,654
- Other debts -€61,811
down €61,811 (-50.6%), from €122,146 to €60,335
- Debts after one year -€47,090
no longer reported in 2025 (was €47,090)
- Profit (loss) carried forward -€31,081
down €31,081 (-12.2%), from -€255,328 to -€286,409
- Current portion of long-term debt -€10,275
no longer reported in 2025 (was €10,275)
- Taxes +€29,133
new in 2025: €29,133
- Other operating charges +€21,182
new in 2025: €21,182
- Gross operating margin +€18,105
up €18,105 (+172%), from €10,521 to €28,626
- Depreciation +€4,333
new in 2025: €4,333
- Financial charges +€2,508
up €2,508 (+98.4%), from €2,550 to €5,059
of which Financial charges: +€2,505
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €327,257 | €175,261 | -€151,995 | -46.4% |
| Fixed assets | 21/28 | €320,461 | €154,778 | -€165,683 | -51.7% |
| Tangible fixed assets | 22/27 | €320,461 | €154,778 | -€165,683 | -51.7% |
| Land and buildings | 22 | €320,461 | €154,778 | -€165,683 | -51.7% |
| Current assets | 29/58 | €6,795 | €20,483 | +€13,688 | +201% |
| Amounts receivable within one year | 40/41 | €4,854 | €19,858 | +€15,004 | +309% |
| Trade receivables | 40 | €4,854 | €19,508 | +€14,654 | +302% |
| Other amounts receivable | 41 | - | €350 | +€350 | |
| Current investments | 50/53 | - | €626 | +€626 | |
| Cash at bank and in hand | 54/58 | €1,942 | - | -€1,942 | |
| Total equity and liabilities | 10/49 | €327,257 | €175,261 | -€151,995 | -46.4% |
| Equity | 10/15 | €144,672 | €113,591 | -€31,081 | -21.5% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Capital | 10 | €400,000 | €400,000 | = | 0.0% |
| Issued capital | 100 | €400,000 | €400,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€255,328 | -€286,409 | -€31,081 | -12.2% |
| Amounts payable | 17/49 | €182,585 | €61,670 | -€120,914 | -66.2% |
| Amounts payable after more than one year | 17 | €47,090 | - | -€47,090 | |
| Financial debts | 170/4 | €47,090 | - | -€47,090 | |
| Amounts payable within one year | 42/48 | €135,494 | €61,670 | -€73,824 | -54.5% |
| Current portion of amounts payable after more than one year | 42 | €10,275 | - | -€10,275 | |
| Financial debts | 43 | €48 | €48 | = | 0.0% |
| Credit institutions | 430/8 | €48 | €48 | = | 0.0% |
| Trade debts | 44 | €3,025 | €1,287 | -€1,738 | -57.4% |
| Suppliers | 440/4 | €3,025 | €1,287 | -€1,738 | -57.4% |
| Other amounts payable | 47/48 | €122,146 | €60,335 | -€61,811 | -50.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4,333 | +€4,333 | |
| Other operating charges | 640/8 | - | €21,182 | +€21,182 | |
| Gross operating margin | 9900 | €10,521 | €28,626 | +€18,105 | +172% |
| Operating profit (loss) | 9901 | €10,521 | €3,111 | -€7,411 | -70.4% |
| Financial charges | 65/66B | €2,550 | €5,059 | +€2,508 | +98.4% |
| Recurring financial charges | 65 | €2,550 | €5,055 | +€2,505 | +98.2% |
| Non-recurring financial charges | 66B | - | €4 | +€4 | |
| Profit (loss) for the period before taxes | 9903 | €7,971 | -€1,948 | -€9,919 | |
| Income taxes | 67/77 | - | €29,133 | +€29,133 | |
| Profit (loss) for the period | 9904 | €7,971 | -€31,081 | -€39,052 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,971 | -€31,081 | -€39,052 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.