JAEKA: 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.
JAEKA
Largest movements
- Cash +€100,799
up €100,799 (+56.5%), from €178,538 to €279,337
mainly Net result for the year (+€125,374) and Deferred charges and accrued income (+€81,093)
- Deferred charges and accrued income -€81,093
down €81,093 (-94.7%), from €85,590 to €4,497
- Receivables within one year -€74,586
down €74,586 (-92.1%), from €80,969 to €6,384
of which Other amounts receivable: -€74,985
- Tangible fixed assets +€70,989
up €70,989 (+50.6%), from €140,281 to €211,270
of which Leasing and similar rights: +€101,968
- Other debts -€72,591
down €72,591 (-41.7%), from €174,134 to €101,543
- Debts after one year +€58,106
up €58,106 (+63.2%), from €92,000 to €150,106
- Current portion of long-term debt +€24,822
up €24,822 (+122.7%), from €20,236 to €45,058
- Reserves -€19,533
down €19,533 (-13.5%), from €144,907 to €125,374
- Tax, wage and social debts +€19,338
up €19,338 (+116.9%), from €16,539 to €35,877
of which Taxes: +€20,511
- Gross operating margin +€59,652
up €59,652 (+24.8%), from €240,880 to €300,532
- Depreciation +€28,472
up €28,472 (+85.1%), from €33,437 to €61,909
- Taxes +€8,999
up €8,999 (+24.1%), from €37,383 to €46,382
- Staff costs +€8,913
up €8,913 (+19.5%), from €45,759 to €54,673
- Financial charges +€5,031
up €5,031 (+98.2%), from €5,124 to €10,155
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 | €488,199 | €504,308 | +€16,109 | +3.3% |
| Fixed assets | 21/28 | €143,101 | €214,090 | +€70,989 | +49.6% |
| Tangible fixed assets | 22/27 | €140,281 | €211,270 | +€70,989 | +50.6% |
| Land and buildings | 22 | €29,122 | €28,051 | -€1,071 | -3.7% |
| Plant, machinery and equipment | 23 | €53,860 | €35,286 | -€18,574 | -34.5% |
| Furniture and vehicles | 24 | €21,274 | €14,444 | -€6,830 | -32.1% |
| Leasing and similar rights | 25 | - | €101,968 | +€101,968 | |
| Other tangible fixed assets | 26 | €36,024 | €31,521 | -€4,503 | -12.5% |
| Financial fixed assets | 28 | €2,820 | €2,820 | = | 0.0% |
| Current assets | 29/58 | €345,098 | €290,218 | -€54,880 | -15.9% |
| Amounts receivable within one year | 40/41 | €80,969 | €6,384 | -€74,586 | -92.1% |
| Trade receivables | 40 | €5,984 | €6,384 | +€400 | +6.7% |
| Other amounts receivable | 41 | €74,985 | €0 | -€74,985 | -100.0% |
| Cash at bank and in hand | 54/58 | €178,538 | €279,337 | +€100,799 | +56.5% |
| Deferred charges and accrued income | 490/1 | €85,590 | €4,497 | -€81,093 | -94.7% |
| Total equity and liabilities | 10/49 | €488,199 | €504,308 | +€16,109 | +3.3% |
| Equity | 10/15 | €163,507 | €143,974 | -€19,533 | -11.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €144,907 | €125,374 | -€19,533 | -13.5% |
| Distributable reserves | 133 | €144,907 | €125,374 | -€19,533 | -13.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €324,692 | €360,334 | +€35,642 | +11.0% |
| Amounts payable after more than one year | 17 | €92,000 | €150,106 | +€58,106 | +63.2% |
| Financial debts | 170/4 | €92,000 | €150,106 | +€58,106 | +63.2% |
| Amounts payable within one year | 42/48 | €230,394 | €208,092 | -€22,302 | -9.7% |
| Current portion of amounts payable after more than one year | 42 | €20,236 | €45,058 | +€24,822 | +122.7% |
| Trade debts | 44 | €19,485 | €25,614 | +€6,129 | +31.5% |
| Suppliers | 440/4 | €19,485 | €25,614 | +€6,129 | +31.5% |
| Taxes, remuneration and social security | 45 | €16,539 | €35,877 | +€19,338 | +116.9% |
| Taxes | 450/3 | €7,600 | €28,111 | +€20,511 | +269.9% |
| Remuneration and social security | 454/9 | €8,939 | €7,766 | -€1,173 | -13.1% |
| Other amounts payable | 47/48 | €174,134 | €101,543 | -€72,591 | -41.7% |
| Accrued charges and deferred income | 492/3 | €2,298 | €2,136 | -€162 | -7.0% |
| Non-recurring operating income | 76A | €899 | €0 | -€899 | -100.0% |
| Remuneration, social security and pensions | 62 | €45,759 | €54,673 | +€8,913 | +19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,437 | €61,909 | +€28,472 | +85.1% |
| Other operating charges | 640/8 | €1,841 | €2,075 | +€234 | +12.7% |
| Gross operating margin | 9900 | €240,880 | €300,532 | +€59,652 | +24.8% |
| Operating profit (loss) | 9901 | €159,842 | €181,874 | +€22,032 | +13.8% |
| Financial income | 75/76B | €3,709 | €36 | -€3,673 | -99.0% |
| Recurring financial income | 75 | €3,709 | €36 | -€3,673 | -99.0% |
| Financial charges | 65/66B | €5,124 | €10,155 | +€5,031 | +98.2% |
| Recurring financial charges | 65 | €5,124 | €10,155 | +€5,031 | +98.2% |
| Profit (loss) for the period before taxes | 9903 | €158,428 | €171,756 | +€13,328 | +8.4% |
| Income taxes | 67/77 | €37,383 | €46,382 | +€8,999 | +24.1% |
| Profit (loss) for the period | 9904 | €121,044 | €125,374 | +€4,330 | +3.6% |
| Profit (loss) for the period to be appropriated | 9905 | €121,044 | €125,374 | +€4,330 | +3.6% |
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 9 October 2026 via checked.be.