JAG Food: what changed
JAG Food
Largest movements
- Tangible fixed assets +€68,672
up €68,672 (+256%), from €26,844 to €95,516
of which Other tangible fixed assets: +€62,698
- Cash +€8,590
up €8,590 (+16.0%), from €53,728 to €62,318
mainly Net result for the year (+€28,891) and Tax, wage and social debts (+€27,847)
- Receivables within one year -€4,466
down €4,466 (-18.5%), from €24,170 to €19,704
of which Other amounts receivable: -€3,085
- Profit (loss) carried forward +€28,891
up €28,891, from -€2,290 to €26,601
- Tax, wage and social debts +€27,847
new in 2025: €27,847
of which Remuneration and social security: +€14,898
- Trade debts +€18,339
up €18,339 (+7,321%), from €251 to €18,589
- Debts after one year -€2,836
down €2,836 (-3.1%), from €92,006 to €89,170
of which Financial debts: -€14,993
- Gross operating margin +€135,815
up €135,815, from -€1,113 to €134,701
- Staff costs +€88,301
new in 2025: €88,301
- Depreciation +€11,024
up €11,024 (+1,225%), from €900 to €11,924
- Financial charges +€3,140
up €3,140 (+1,136%), from €276 to €3,416
- Taxes +€2,169
new in 2025: €2,169
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €123,756 | €197,918 | +€74,162 | +59.9% |
| Fixed assets | 21/28 | €45,406 | €114,693 | +€69,287 | +153% |
| Intangible fixed assets | 21 | €11,997 | €10,757 | -€1,240 | -10.3% |
| Tangible fixed assets | 22/27 | €26,844 | €95,516 | +€68,672 | +256% |
| Plant, machinery and equipment | 23 | - | €3,026 | +€3,026 | |
| Furniture and vehicles | 24 | - | €2,947 | +€2,947 | |
| Other tangible fixed assets | 26 | €26,844 | €89,542 | +€62,698 | +234% |
| Financial fixed assets | 28 | €6,565 | €8,420 | +€1,855 | +28.3% |
| Current assets | 29/58 | €78,350 | €83,225 | +€4,875 | +6.2% |
| Amounts receivable within one year | 40/41 | €24,170 | €19,704 | -€4,466 | -18.5% |
| Trade receivables | 40 | €21,085 | €19,704 | -€1,381 | -6.5% |
| Other amounts receivable | 41 | €3,085 | - | -€3,085 | |
| Cash at bank and in hand | 54/58 | €53,728 | €62,318 | +€8,590 | +16.0% |
| Deferred charges and accrued income | 490/1 | €453 | €1,204 | +€751 | +166% |
| Total equity and liabilities | 10/49 | €123,756 | €197,918 | +€74,162 | +59.9% |
| Equity | 10/15 | €17,710 | €46,601 | +€28,891 | +163% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,290 | €26,601 | +€28,891 | |
| Amounts payable | 17/49 | €106,046 | €151,317 | +€45,271 | +42.7% |
| Amounts payable after more than one year | 17 | €92,006 | €89,170 | -€2,836 | -3.1% |
| Financial debts | 170/4 | €63,006 | €48,013 | -€14,993 | -23.8% |
| Other amounts payable | 178/9 | €29,000 | €41,157 | +€12,157 | +41.9% |
| Amounts payable within one year | 42/48 | €14,040 | €62,147 | +€48,107 | +343% |
| Current portion of amounts payable after more than one year | 42 | €13,790 | €15,711 | +€1,922 | +13.9% |
| Trade debts | 44 | €251 | €18,589 | +€18,339 | +7,321% |
| Suppliers | 440/4 | €251 | €18,589 | +€18,339 | +7,321% |
| Taxes, remuneration and social security | 45 | - | €27,847 | +€27,847 | |
| Taxes | 450/3 | - | €12,949 | +€12,949 | |
| Remuneration and social security | 454/9 | - | €14,898 | +€14,898 | |
| Remuneration, social security and pensions | 62 | - | €88,301 | +€88,301 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €900 | €11,924 | +€11,024 | +1,225% |
| Gross operating margin | 9900 | -€1,113 | €134,701 | +€135,815 | |
| Operating profit (loss) | 9901 | -€2,013 | €34,476 | +€36,489 | |
| Financial charges | 65/66B | €276 | €3,416 | +€3,140 | +1,136% |
| Recurring financial charges | 65 | €276 | €3,416 | +€3,140 | +1,136% |
| Profit (loss) for the period before taxes | 9903 | -€2,290 | €31,060 | +€33,350 | |
| Income taxes | 67/77 | - | €2,169 | +€2,169 | |
| Profit (loss) for the period | 9904 | -€2,290 | €28,891 | +€31,181 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,290 | €28,891 | +€31,181 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.