J & S TRANS: 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 TRANS
Largest movements
- Cash -€41,581
down €41,581 (-36.9%), from €112,771 to €71,190
mainly Net result for the year (-€28,385) and Investment in fixed assets (net) (-€18,466)
- Current investments +€12,424
up €12,424 (+423%), from €2,938 to €15,362
- Tangible fixed assets -€5,750
down €5,750 (-9.6%), from €59,655 to €53,905
of which Leasing and similar rights: -€28,591
- Receivables within one year -€5,305
down €5,305 (-5.6%), from €94,266 to €88,961
of which Trade receivables: -€3,867
- Reserves -€28,386
down €28,386 (-14.1%), from €201,560 to €173,174
of which Distributable reserves: -€28,385
- Debts after one year -€11,331
down €11,331 (-66.7%), from €16,997 to €5,666
- Gross operating margin -€6,071
down €6,071 (-13.9%), from €43,556 to €37,485
- Other operating charges -€5,095
down €5,095 (-42.2%), from €12,077 to €6,982
- Staff costs +€4,027
up €4,027 (+13.7%), from €29,481 to €33,508
- Depreciation +€2,145
up €2,145 (+9.7%), from €22,071 to €24,216
- Financial charges -€1,798
down €1,798 (-47.6%), from €3,780 to €1,982
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 | €271,223 | €230,923 | -€40,300 | -14.9% |
| Fixed assets | 21/28 | €60,660 | €54,910 | -€5,750 | -9.5% |
| Tangible fixed assets | 22/27 | €59,655 | €53,905 | -€5,750 | -9.6% |
| Furniture and vehicles | 24 | €3,698 | €12,259 | +€8,561 | +232% |
| Leasing and similar rights | 25 | €47,886 | €19,295 | -€28,591 | -59.7% |
| Other tangible fixed assets | 26 | €8,071 | €22,351 | +€14,280 | +177% |
| Financial fixed assets | 28 | €1,005 | €1,005 | = | 0.0% |
| Current assets | 29/58 | €210,563 | €176,013 | -€34,550 | -16.4% |
| Amounts receivable within one year | 40/41 | €94,266 | €88,961 | -€5,305 | -5.6% |
| Trade receivables | 40 | €38,517 | €34,650 | -€3,867 | -10.0% |
| Other amounts receivable | 41 | €55,749 | €54,311 | -€1,438 | -2.6% |
| Current investments | 50/53 | €2,938 | €15,362 | +€12,424 | +423% |
| Cash at bank and in hand | 54/58 | €112,771 | €71,190 | -€41,581 | -36.9% |
| Deferred charges and accrued income | 490/1 | €588 | €500 | -€88 | -15.0% |
| Total equity and liabilities | 10/49 | €271,223 | €230,923 | -€40,300 | -14.9% |
| Equity | 10/15 | €207,757 | €179,372 | -€28,385 | -13.7% |
| Contributions | 10/11 | €6,197 | €6,198 | +€1 | 0.0% |
| Reserves | 13 | €201,560 | €173,174 | -€28,386 | -14.1% |
| Tax-exempt reserves | 132 | €138,723 | €138,722 | -€1 | 0.0% |
| Distributable reserves | 133 | €62,837 | €34,452 | -€28,385 | -45.2% |
| Amounts payable | 17/49 | €63,466 | €51,551 | -€11,915 | -18.8% |
| Amounts payable after more than one year | 17 | €16,997 | €5,666 | -€11,331 | -66.7% |
| Financial debts | 170/4 | €16,997 | €5,666 | -€11,331 | -66.7% |
| Amounts payable within one year | 42/48 | €46,469 | €45,885 | -€584 | -1.3% |
| Current portion of amounts payable after more than one year | 42 | €12,446 | €11,332 | -€1,114 | -9.0% |
| Trade debts | 44 | €20,273 | €18,716 | -€1,557 | -7.7% |
| Suppliers | 440/4 | €20,273 | €18,716 | -€1,557 | -7.7% |
| Taxes, remuneration and social security | 45 | €12,280 | €13,674 | +€1,394 | +11.4% |
| Taxes | 450/3 | €10,324 | €11,560 | +€1,236 | +12.0% |
| Remuneration and social security | 454/9 | €1,956 | €2,114 | +€158 | +8.1% |
| Other amounts payable | 47/48 | €1,470 | €2,163 | +€693 | +47.1% |
| Non-recurring operating income | 76A | €1,335 | €720 | -€615 | -46.1% |
| Remuneration, social security and pensions | 62 | €29,481 | €33,508 | +€4,027 | +13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,071 | €24,216 | +€2,145 | +9.7% |
| Other operating charges | 640/8 | €12,077 | €6,982 | -€5,095 | -42.2% |
| Gross operating margin | 9900 | €43,556 | €37,485 | -€6,071 | -13.9% |
| Operating profit (loss) | 9901 | -€20,073 | -€27,221 | -€7,148 | -35.6% |
| Financial income | 75/76B | €933 | €818 | -€115 | -12.3% |
| Recurring financial income | 75 | €933 | €818 | -€115 | -12.3% |
| Financial charges | 65/66B | €3,780 | €1,982 | -€1,798 | -47.6% |
| Recurring financial charges | 65 | €3,780 | €1,982 | -€1,798 | -47.6% |
| Profit (loss) for the period before taxes | 9903 | -€22,920 | -€28,385 | -€5,465 | -23.8% |
| Income taxes | 67/77 | -€91 | - | +€91 | |
| Profit (loss) for the period | 9904 | -€22,829 | -€28,385 | -€5,556 | -24.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,829 | -€28,385 | -€5,556 | -24.3% |
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 14 October 2026 via checked.be.