JACS 2012: 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.
JACS 2012
Largest movements
- Receivables within one year +€15,195
up €15,195 (+65.7%), from €23,129 to €38,324
of which Other amounts receivable: +€15,969
- Cash +€7,865
up €7,865 (+56.6%), from €13,892 to €21,757
mainly Net result for the year (+€25,894) and Other debts (+€12,612)
- Deferred charges and accrued income +€1,490
up €1,490 (+241.4%), from €617 to €2,107
- Reserves +€13,283
up €13,283 (+34.1%), from €38,897 to €52,180
- Other debts +€12,612
new in 2025: €12,612
- Trade debts -€1,205
down €1,205 (-70.8%), from €1,702 to €497
- Gross operating margin +€10,935
up €10,935 (+35.1%), from €31,152 to €42,087
- Financial charges +€2,913
up €2,913 (+4208.9%), from €69 to €2,983
- Taxes +€1,981
up €1,981 (+19.7%), from €10,053 to €12,034
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 | €52,471 | €77,775 | +€25,304 | +48.2% |
| Fixed assets | 21/28 | €14,832 | €15,587 | +€755 | +5.1% |
| Tangible fixed assets | 22/27 | €14,832 | €15,587 | +€755 | +5.1% |
| Furniture and vehicles | 24 | €9,261 | €8,229 | -€1,032 | -11.1% |
| Other tangible fixed assets | 26 | €5,571 | €7,358 | +€1,787 | +32.1% |
| Current assets | 29/58 | €37,639 | €62,188 | +€24,549 | +65.2% |
| Amounts receivable within one year | 40/41 | €23,129 | €38,324 | +€15,195 | +65.7% |
| Trade receivables | 40 | €774 | - | -€774 | |
| Other amounts receivable | 41 | €22,355 | €38,324 | +€15,969 | +71.4% |
| Cash at bank and in hand | 54/58 | €13,892 | €21,757 | +€7,865 | +56.6% |
| Deferred charges and accrued income | 490/1 | €617 | €2,107 | +€1,490 | +241.4% |
| Total equity and liabilities | 10/49 | €52,471 | €77,775 | +€25,304 | +48.2% |
| Equity | 10/15 | €39,397 | €52,680 | +€13,283 | +33.7% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €38,897 | €52,180 | +€13,283 | +34.1% |
| Distributable reserves | 133 | €38,897 | €52,180 | +€13,283 | +34.1% |
| Amounts payable | 17/49 | €13,074 | €25,095 | +€12,022 | +92.0% |
| Amounts payable within one year | 42/48 | €13,074 | €25,095 | +€12,022 | +92.0% |
| Trade debts | 44 | €1,702 | €497 | -€1,205 | -70.8% |
| Suppliers | 440/4 | €1,702 | €497 | -€1,205 | -70.8% |
| Taxes, remuneration and social security | 45 | €11,372 | €11,987 | +€615 | +5.4% |
| Taxes | 450/3 | €11,372 | €11,987 | +€615 | +5.4% |
| Other amounts payable | 47/48 | - | €12,612 | +€12,612 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,556 | €1,969 | +€413 | +26.5% |
| Other operating charges | 640/8 | €505 | €879 | +€373 | +73.8% |
| Gross operating margin | 9900 | €31,152 | €42,087 | +€10,935 | +35.1% |
| Operating profit (loss) | 9901 | €29,091 | €39,240 | +€10,149 | +34.9% |
| Financial income | 75/76B | €1,596 | €1,671 | +€76 | +4.8% |
| Recurring financial income | 75 | €1,596 | €1,671 | +€76 | +4.8% |
| Financial charges | 65/66B | €69 | €2,983 | +€2,913 | +4208.9% |
| Recurring financial charges | 65 | €69 | €2,983 | +€2,913 | +4208.9% |
| Profit (loss) for the period before taxes | 9903 | €30,617 | €37,928 | +€7,311 | +23.9% |
| Income taxes | 67/77 | €10,053 | €12,034 | +€1,981 | +19.7% |
| Profit (loss) for the period | 9904 | €20,564 | €25,894 | +€5,330 | +25.9% |
| Profit (loss) for the period to be appropriated | 9905 | €20,564 | €25,894 | +€5,330 | +25.9% |
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 8 October 2026 via checked.be.