J@smart A.C.: 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@smart A.C.
Largest movements
- Receivables within one year +€7,763
up €7,763 (+41.2%), from €18,825 to €26,589
of which Trade receivables: +€7,752
- Cash +€4,701
up €4,701 (+79.1%), from €5,947 to €10,648
mainly Tax, wage and social debts (+€9,603) and Net result for the year (+€7,635)
- Tangible fixed assets +€2,160
up €2,160 (+39.8%), from €5,431 to €7,592
of which Plant, machinery and equipment: +€2,231
- Tax, wage and social debts +€9,603
up €9,603 (+195%), from €4,935 to €14,538
- Reserves +€7,635
up €7,635 (+53.9%), from €14,164 to €21,799
- Other debts -€3,027
down €3,027 (-95.5%), from €3,168 to €141
- Trade debts +€476
up €476 (+44.7%), from €1,067 to €1,543
- Taxes +€4,972
up €4,972 (+93.9%), from €5,296 to €10,268
- Gross operating margin +€4,803
up €4,803 (+27.3%), from €17,622 to €22,425
- Depreciation +€803
up €803 (+63.9%), from €1,256 to €2,059
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 | €31,534 | €46,221 | +€14,687 | +46.6% |
| Fixed assets | 21/28 | €5,431 | €7,592 | +€2,160 | +39.8% |
| Tangible fixed assets | 22/27 | €5,431 | €7,592 | +€2,160 | +39.8% |
| Plant, machinery and equipment | 23 | - | €2,231 | +€2,231 | |
| Furniture and vehicles | 24 | €5,431 | €5,361 | -€70 | -1.3% |
| Current assets | 29/58 | €26,103 | €38,630 | +€12,526 | +48.0% |
| Amounts receivable within one year | 40/41 | €18,825 | €26,589 | +€7,763 | +41.2% |
| Trade receivables | 40 | €18,709 | €26,462 | +€7,752 | +41.4% |
| Other amounts receivable | 41 | €116 | €127 | +€11 | +9.7% |
| Cash at bank and in hand | 54/58 | €5,947 | €10,648 | +€4,701 | +79.1% |
| Deferred charges and accrued income | 490/1 | €1,331 | €1,393 | +€62 | +4.6% |
| Total equity and liabilities | 10/49 | €31,534 | €46,221 | +€14,687 | +46.6% |
| Equity | 10/15 | €20,364 | €27,999 | +€7,635 | +37.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €14,164 | €21,799 | +€7,635 | +53.9% |
| Distributable reserves | 133 | €14,164 | €21,799 | +€7,635 | +53.9% |
| Amounts payable | 17/49 | €11,170 | €18,222 | +€7,052 | +63.1% |
| Amounts payable within one year | 42/48 | €9,170 | €16,222 | +€7,052 | +76.9% |
| Trade debts | 44 | €1,067 | €1,543 | +€476 | +44.7% |
| Suppliers | 440/4 | €1,067 | €1,543 | +€476 | +44.7% |
| Taxes, remuneration and social security | 45 | €4,935 | €14,538 | +€9,603 | +195% |
| Taxes | 450/3 | €4,935 | €14,538 | +€9,603 | +195% |
| Other amounts payable | 47/48 | €3,168 | €141 | -€3,027 | -95.5% |
| Accrued charges and deferred income | 492/3 | €2,000 | €2,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,256 | €2,059 | +€803 | +63.9% |
| Other operating charges | 640/8 | €2,408 | €2,392 | -€17 | -0.7% |
| Gross operating margin | 9900 | €17,622 | €22,425 | +€4,803 | +27.3% |
| Operating profit (loss) | 9901 | €13,957 | €17,974 | +€4,017 | +28.8% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €153 | €74 | -€79 | -51.9% |
| Recurring financial charges | 65 | €153 | €74 | -€79 | -51.9% |
| Profit (loss) for the period before taxes | 9903 | €13,804 | €17,902 | +€4,098 | +29.7% |
| Income taxes | 67/77 | €5,296 | €10,268 | +€4,972 | +93.9% |
| Profit (loss) for the period | 9904 | €8,508 | €7,635 | -€874 | -10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,508 | €7,635 | -€874 | -10.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.