JA-S: 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-S
Largest movements
- Tangible fixed assets -€27,980
down €27,980 (-5.4%), from €521,947 to €493,967
of which Land and buildings: -€27,261
- Cash +€9,184
up €9,184 (+189.1%), from €4,857 to €14,041
mainly Depreciation (+€28,782) and Net result for the year (+€13,759)
- Debts after one year -€27,237
down €27,237 (-4.9%), from €558,502 to €531,264
- Profit (loss) carried forward +€13,759
up €13,759 (+30.3%), from -€45,469 to -€31,710
- Gross operating margin +€7,690
up €7,690 (+14.5%), from €53,177 to €60,867
- Financial income +€4,491
up €4,491, from €0 to €4,491
- Financial charges +€641
up €641 (+3.4%), from €19,058 to €19,699
of which Non-recurring financial charges: +€1,800
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 | €586,663 | €573,079 | -€13,584 | -2.3% |
| Fixed assets | 21/28 | €521,947 | €493,967 | -€27,980 | -5.4% |
| Tangible fixed assets | 22/27 | €521,947 | €493,967 | -€27,980 | -5.4% |
| Land and buildings | 22 | €520,911 | €493,650 | -€27,261 | -5.2% |
| Furniture and vehicles | 24 | €1,036 | €317 | -€719 | -69.4% |
| Current assets | 29/58 | €64,716 | €79,112 | +€14,395 | +22.2% |
| Amounts receivable after more than one year | 29 | €55,020 | €59,509 | +€4,490 | +8.2% |
| Other amounts receivable | 291 | €55,020 | €59,509 | +€4,490 | +8.2% |
| Amounts receivable within one year | 40/41 | €2,198 | €4,678 | +€2,480 | +112.8% |
| Other amounts receivable | 41 | €2,198 | €4,678 | +€2,480 | +112.8% |
| Cash at bank and in hand | 54/58 | €4,857 | €14,041 | +€9,184 | +189.1% |
| Deferred charges and accrued income | 490/1 | €2,641 | €883 | -€1,758 | -66.6% |
| Total equity and liabilities | 10/49 | €586,663 | €573,079 | -€13,584 | -2.3% |
| Equity | 10/15 | €16,031 | €29,790 | +€13,759 | +85.8% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,469 | -€31,710 | +€13,759 | +30.3% |
| Amounts payable | 17/49 | €570,632 | €543,288 | -€27,343 | -4.8% |
| Amounts payable after more than one year | 17 | €558,502 | €531,264 | -€27,237 | -4.9% |
| Financial debts | 170/4 | €558,502 | €531,264 | -€27,237 | -4.9% |
| Amounts payable within one year | 42/48 | €12,130 | €12,024 | -€106 | -0.9% |
| Trade debts | 44 | €630 | €524 | -€106 | -16.8% |
| Suppliers | 440/4 | €630 | €524 | -€106 | -16.8% |
| Other amounts payable | 47/48 | €11,500 | €11,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,717 | €28,782 | +€64 | +0.2% |
| Other operating charges | 640/8 | €2,780 | €3,118 | +€338 | +12.2% |
| Gross operating margin | 9900 | €53,177 | €60,867 | +€7,690 | +14.5% |
| Operating profit (loss) | 9901 | €21,679 | €28,967 | +€7,288 | +33.6% |
| Financial income | 75/76B | €0 | €4,491 | +€4,491 | |
| Recurring financial income | 75 | €0 | €4,491 | +€4,491 | |
| Financial charges | 65/66B | €19,058 | €19,699 | +€641 | +3.4% |
| Recurring financial charges | 65 | €19,058 | €17,899 | -€1,159 | -6.1% |
| Non-recurring financial charges | 66B | - | €1,800 | +€1,800 | |
| Profit (loss) for the period before taxes | 9903 | €2,621 | €13,759 | +€11,138 | +424.9% |
| Profit (loss) for the period | 9904 | €2,621 | €13,759 | +€11,138 | +424.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,621 | €13,759 | +€11,138 | +424.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.