JA: what changed
Two fiscal 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.
JA
Largest movements
- Cash -€8,944
down €8,944 (-27.8%), from €32,146 to €23,203
mainly Net result for the year (-€14,040) and Tax, wage and social debts (-€11,827)
- Receivables within one year -€7,014
down €7,014 (-53.9%), from €13,020 to €6,006
of which Trade receivables: -€10,512
- Tangible fixed assets -€6,890
down €6,890 (-34.5%), from €19,991 to €13,101
of which Furniture and vehicles: -€5,669
- Deferred charges and accrued income +€1,191
up €1,191 (+124.7%), from €955 to €2,145
- Profit (loss) carried forward -€14,040
down €14,040, from €0 to -€14,040
- Tax, wage and social debts -€11,827
down €11,827 (-59.2%), from €19,966 to €8,139
of which Taxes: -€11,827
- Trade debts +€4,461
up €4,461 (+353.4%), from €1,262 to €5,723
- Gross operating margin -€41,717
down €41,717, from €35,940 to -€5,777
- Taxes -€8,001
down €8,001, from €7,655 to -€345
- Other operating charges -€3,380
down €3,380 (-71.3%), from €4,742 to €1,362
- Depreciation +€415
up €415 (+6.4%), from €6,475 to €6,890
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.
Cash bridge derived
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 | €66,112 | €44,455 | -€21,657 | -32.8% |
| Fixed assets | 21/28 | €19,991 | €13,101 | -€6,890 | -34.5% |
| Tangible fixed assets | 22/27 | €19,991 | €13,101 | -€6,890 | -34.5% |
| Furniture and vehicles | 24 | €12,849 | €7,181 | -€5,669 | -44.1% |
| Other tangible fixed assets | 26 | €7,142 | €5,920 | -€1,221 | -17.1% |
| Current assets | 29/58 | €46,121 | €31,354 | -€14,767 | -32.0% |
| Amounts receivable within one year | 40/41 | €13,020 | €6,006 | -€7,014 | -53.9% |
| Trade receivables | 40 | €10,648 | €136 | -€10,512 | -98.7% |
| Other amounts receivable | 41 | €2,372 | €5,870 | +€3,498 | +147.5% |
| Cash at bank and in hand | 54/58 | €32,146 | €23,203 | -€8,944 | -27.8% |
| Deferred charges and accrued income | 490/1 | €955 | €2,145 | +€1,191 | +124.7% |
| Total equity and liabilities | 10/49 | €66,112 | €44,455 | -€21,657 | -32.8% |
| Equity | 10/15 | €43,466 | €29,425 | -€14,040 | -32.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €40,966 | €40,966 | = | 0.0% |
| Distributable reserves | 133 | €40,966 | €40,966 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€14,040 | -€14,040 | |
| Amounts payable | 17/49 | €22,646 | €15,029 | -€7,617 | -33.6% |
| Amounts payable within one year | 42/48 | €22,646 | €15,029 | -€7,617 | -33.6% |
| Trade debts | 44 | €1,262 | €5,723 | +€4,461 | +353.4% |
| Suppliers | 440/4 | €1,262 | €5,723 | +€4,461 | +353.4% |
| Taxes, remuneration and social security | 45 | €19,966 | €8,139 | -€11,827 | -59.2% |
| Taxes | 450/3 | €19,966 | €8,139 | -€11,827 | -59.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,418 | €1,167 | -€251 | -17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,475 | €6,890 | +€415 | +6.4% |
| Other operating charges | 640/8 | €4,742 | €1,362 | -€3,380 | -71.3% |
| Gross operating margin | 9900 | €35,940 | -€5,777 | -€41,717 | |
| Operating profit (loss) | 9901 | €24,723 | -€14,029 | -€38,752 | |
| Financial charges | 65/66B | €141 | €357 | +€216 | +153.8% |
| Recurring financial charges | 65 | €141 | €357 | +€216 | +153.8% |
| Profit (loss) for the period before taxes | 9903 | €24,582 | -€14,386 | -€38,968 | |
| Income taxes | 67/77 | €7,655 | -€345 | -€8,001 | |
| Profit (loss) for the period | 9904 | €16,927 | -€14,040 | -€30,967 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,927 | -€14,040 | -€30,967 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.