JA CREATE: 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.
JA CREATE
Largest movements
- Receivables within one year +€20,113
up €20,113 (+320%), from €6,284 to €26,397
of which Trade receivables: +€18,042
- Cash +€2,298
up €2,298 (+63.8%), from €3,603 to €5,900
mainly Net result for the year (+€15,072) and Tax, wage and social debts (+€6,399)
- Tangible fixed assets -€707
down €707 (-4.9%), from €14,401 to €13,694
- Deferred charges and accrued income -€633
down €633 (-82.7%), from €764 to €132
- Reserves +€12,996
up €12,996 (+213%), from €6,102 to €19,098
- Tax, wage and social debts +€6,399
up €6,399 (+213%), from €3,007 to €9,406
of which Taxes: +€4,479
- Trade debts +€4,422
up €4,422 (+1,072%), from €412 to €4,834
- Debts after one year -€4,229
down €4,229 (-48.6%), from €8,709 to €4,480
- Profit (loss) carried forward +€1,244
new in 2025: €1,244
- Gross operating margin +€14,100
up €14,100 (+110%), from €12,784 to €26,884
- Taxes +€4,141
up €4,141 (+197%), from €2,100 to €6,240
- Depreciation +€1,774
up €1,774 (+98.2%), from €1,807 to €3,581
- Write-downs -€1,050
no longer reported in 2025 (was €1,050)
- Other operating charges +€778
up €778 (+190%), from €410 to €1,188
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 | €25,053 | €46,124 | +€21,071 | +84.1% |
| Fixed assets | 21/28 | €14,401 | €13,694 | -€707 | -4.9% |
| Tangible fixed assets | 22/27 | €14,401 | €13,694 | -€707 | -4.9% |
| Furniture and vehicles | 24 | €14,401 | €13,694 | -€707 | -4.9% |
| Current assets | 29/58 | €10,652 | €32,429 | +€21,778 | +204% |
| Amounts receivable within one year | 40/41 | €6,284 | €26,397 | +€20,113 | +320% |
| Trade receivables | 40 | €4,704 | €22,746 | +€18,042 | +384% |
| Other amounts receivable | 41 | €1,581 | €3,651 | +€2,070 | +131% |
| Cash at bank and in hand | 54/58 | €3,603 | €5,900 | +€2,298 | +63.8% |
| Deferred charges and accrued income | 490/1 | €764 | €132 | -€633 | -82.7% |
| Total equity and liabilities | 10/49 | €25,053 | €46,124 | +€21,071 | +84.1% |
| Equity | 10/15 | €8,102 | €22,342 | +€14,239 | +176% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €6,102 | €19,098 | +€12,996 | +213% |
| Distributable reserves | 133 | €6,102 | €19,098 | +€12,996 | +213% |
| Profit (loss) carried forward | 14 | - | €1,244 | +€1,244 | |
| Amounts payable | 17/49 | €16,950 | €23,782 | +€6,832 | +40.3% |
| Amounts payable after more than one year | 17 | €8,709 | €4,480 | -€4,229 | -48.6% |
| Financial debts | 170/4 | €8,709 | €4,480 | -€4,229 | -48.6% |
| Amounts payable within one year | 42/48 | €8,241 | €19,302 | +€11,061 | +134% |
| Current portion of amounts payable after more than one year | 42 | €4,022 | €4,229 | +€207 | +5.1% |
| Trade debts | 44 | €412 | €4,834 | +€4,422 | +1,072% |
| Suppliers | 440/4 | €412 | €4,834 | +€4,422 | +1,072% |
| Taxes, remuneration and social security | 45 | €3,007 | €9,406 | +€6,399 | +213% |
| Taxes | 450/3 | €3,007 | €7,486 | +€4,479 | +149% |
| Remuneration and social security | 454/9 | - | €1,920 | +€1,920 | |
| Other amounts payable | 47/48 | €800 | €833 | +€33 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,807 | €3,581 | +€1,774 | +98.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,050 | - | -€1,050 | |
| Other operating charges | 640/8 | €410 | €1,188 | +€778 | +190% |
| Gross operating margin | 9900 | €12,784 | €26,884 | +€14,100 | +110% |
| Operating profit (loss) | 9901 | €9,517 | €22,115 | +€12,598 | +132% |
| Financial income | 75/76B | €115 | €125 | +€10 | +8.8% |
| Recurring financial income | 75 | €115 | €125 | +€10 | +8.8% |
| Financial charges | 65/66B | €630 | €928 | +€298 | +47.3% |
| Recurring financial charges | 65 | €630 | €928 | +€298 | +47.3% |
| Profit (loss) for the period before taxes | 9903 | €9,002 | €21,313 | +€12,311 | +137% |
| Income taxes | 67/77 | €2,100 | €6,240 | +€4,141 | +197% |
| Profit (loss) for the period | 9904 | €6,902 | €15,072 | +€8,170 | +118% |
| Profit (loss) for the period to be appropriated | 9905 | €6,902 | €15,072 | +€8,170 | +118% |
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.