J.S.T.: 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.S.T.
Largest movements
- Receivables within one year +€9,005
up €9,005 (+36.2%), from €24,846 to €33,851
of which Other amounts receivable: +€6,843
- Cash -€4,635
down €4,635 (-80.8%), from €5,736 to €1,101
mainly Receivables within one year (-€9,005) and Tax, wage and social debts (-€374)
- Reserves +€3,060
up €3,060 (+17.0%), from €17,960 to €21,020
of which Distributable reserves: +€3,060
- Trade debts +€1,660
up €1,660 (+96.2%), from €1,725 to €3,385
- Tax, wage and social debts -€374
down €374 (-8.6%), from €4,327 to €3,954
- Gross operating margin -€623
down €623 (-13.9%), from €4,481 to €3,858
- Financial income +€268
up €268 (+27.2%), from €985 to €1,253
- Taxes +€204
up €204 (+35.5%), from €577 to €781
- Other operating charges +€173
up €173 (+24.2%), from €715 to €888
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,771 | €35,126 | +€4,355 | +14.2% |
| Current assets | 29/58 | €30,771 | €35,126 | +€4,355 | +14.2% |
| Amounts receivable within one year | 40/41 | €24,846 | €33,851 | +€9,005 | +36.2% |
| Trade receivables | 40 | €3,000 | €5,162 | +€2,162 | +72.1% |
| Other amounts receivable | 41 | €21,846 | €28,689 | +€6,843 | +31.3% |
| Cash at bank and in hand | 54/58 | €5,736 | €1,101 | -€4,635 | -80.8% |
| Deferred charges and accrued income | 490/1 | €189 | €174 | -€15 | -7.8% |
| Total equity and liabilities | 10/49 | €30,771 | €35,126 | +€4,355 | +14.2% |
| Equity | 10/15 | €24,718 | €27,787 | +€3,069 | +12.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €17,960 | €21,020 | +€3,060 | +17.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €16,100 | €19,160 | +€3,060 | +19.0% |
| Profit (loss) carried forward | 14 | €558 | €567 | +€9 | +1.6% |
| Amounts payable | 17/49 | €6,052 | €7,339 | +€1,286 | +21.3% |
| Amounts payable within one year | 42/48 | €6,052 | €7,339 | +€1,286 | +21.3% |
| Trade debts | 44 | €1,725 | €3,385 | +€1,660 | +96.2% |
| Suppliers | 440/4 | €1,725 | €3,385 | +€1,660 | +96.2% |
| Taxes, remuneration and social security | 45 | €4,327 | €3,954 | -€374 | -8.6% |
| Taxes | 450/3 | €4,327 | €3,954 | -€374 | -8.6% |
| Other operating charges | 640/8 | €715 | €888 | +€173 | +24.2% |
| Gross operating margin | 9900 | €4,481 | €3,858 | -€623 | -13.9% |
| Operating profit (loss) | 9901 | €3,767 | €2,971 | -€796 | -21.1% |
| Financial income | 75/76B | €985 | €1,253 | +€268 | +27.2% |
| Recurring financial income | 75 | €985 | €1,253 | +€268 | +27.2% |
| Financial charges | 65/66B | €349 | €374 | +€24 | +7.0% |
| Recurring financial charges | 65 | €349 | €374 | +€24 | +7.0% |
| Profit (loss) for the period before taxes | 9903 | €4,402 | €3,850 | -€552 | -12.5% |
| Income taxes | 67/77 | €577 | €781 | +€204 | +35.5% |
| Profit (loss) for the period | 9904 | €3,825 | €3,069 | -€757 | -19.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,825 | €3,069 | -€757 | -19.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.