JAEGS Properties: 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.
JAEGS Properties
Largest movements
- Receivables within one year +€477,001
up €477,001 (+45.1%), from €1.1m to €1.5m
of which Trade receivables: +€498,556
- Cash -€277,178
down €277,178 (-39.4%), from €703,343 to €426,165
mainly Receivables within one year (-€477,001) and Contributions, distributions and other (-€17,999)
- Other debts +€102,092
up €102,092 (+6.3%), from €1.6m to €1.7m
- Trade debts +€70,036
up €70,036 (+58.5%), from €119,639 to €189,675
- Gross operating margin -€95,769
down €95,769 (-51.3%), from €186,697 to €90,928
- Taxes -€19,640
down €19,640 (-60.8%), from €32,323 to €12,683
- Depreciation +€4,699
up €4,699 (+315%), from €1,494 to €6,193
- Staff costs +€2,368
up €2,368 (+5.2%), from €45,653 to €48,021
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 | €1,786,811 | €1,980,780 | +€193,969 | +10.9% |
| Fixed assets | 21/28 | €25,107 | €20,440 | -€4,667 | -18.6% |
| Tangible fixed assets | 22/27 | €25,107 | €20,440 | -€4,667 | -18.6% |
| Furniture and vehicles | 24 | €22,142 | €17,805 | -€4,337 | -19.6% |
| Other tangible fixed assets | 26 | €2,965 | €2,635 | -€330 | -11.1% |
| Current assets | 29/58 | €1,761,704 | €1,960,340 | +€198,636 | +11.3% |
| Amounts receivable within one year | 40/41 | €1,056,821 | €1,533,822 | +€477,001 | +45.1% |
| Trade receivables | 40 | €960,974 | €1,459,530 | +€498,556 | +51.9% |
| Other amounts receivable | 41 | €95,847 | €74,292 | -€21,555 | -22.5% |
| Cash at bank and in hand | 54/58 | €703,343 | €426,165 | -€277,178 | -39.4% |
| Deferred charges and accrued income | 490/1 | €1,540 | €353 | -€1,187 | -77.1% |
| Total equity and liabilities | 10/49 | €1,786,811 | €1,980,780 | +€193,969 | +10.9% |
| Equity | 10/15 | €24,311 | €27,624 | +€3,313 | +13.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €1,360 | €1,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,360 | €1,360 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,360 | €1,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,351 | €7,664 | +€3,313 | +76.1% |
| Amounts payable | 17/49 | €1,762,500 | €1,953,156 | +€190,656 | +10.8% |
| Amounts payable within one year | 42/48 | €1,762,500 | €1,953,156 | +€190,656 | +10.8% |
| Trade debts | 44 | €119,639 | €189,675 | +€70,036 | +58.5% |
| Suppliers | 440/4 | €119,639 | €189,675 | +€70,036 | +58.5% |
| Taxes, remuneration and social security | 45 | €19,067 | €37,595 | +€18,528 | +97.2% |
| Taxes | 450/3 | €10,265 | €29,118 | +€18,853 | +184% |
| Remuneration and social security | 454/9 | €8,802 | €8,477 | -€325 | -3.7% |
| Other amounts payable | 47/48 | €1,623,794 | €1,725,886 | +€102,092 | +6.3% |
| Remuneration, social security and pensions | 62 | €45,653 | €48,021 | +€2,368 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,494 | €6,193 | +€4,699 | +315% |
| Other operating charges | 640/8 | €1,391 | €1,373 | -€18 | -1.3% |
| Gross operating margin | 9900 | €186,697 | €90,928 | -€95,769 | -51.3% |
| Operating profit (loss) | 9901 | €138,159 | €35,341 | -€102,818 | -74.4% |
| Financial income | 75/76B | €74 | €320 | +€246 | +332% |
| Recurring financial income | 75 | €74 | €320 | +€246 | +332% |
| Financial charges | 65/66B | €2,061 | €1,666 | -€395 | -19.2% |
| Recurring financial charges | 65 | €2,061 | €1,666 | -€395 | -19.2% |
| Profit (loss) for the period before taxes | 9903 | €136,172 | €33,995 | -€102,177 | -75.0% |
| Income taxes | 67/77 | €32,323 | €12,683 | -€19,640 | -60.8% |
| Profit (loss) for the period | 9904 | €103,849 | €21,312 | -€82,537 | -79.5% |
| Profit (loss) for the period to be appropriated | 9905 | €103,849 | €21,312 | -€82,537 | -79.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.