JAGETI: 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.
JAGETI
Largest movements
- Receivables within one year -€23,373
down €23,373 (-40.5%), from €57,758 to €34,386
of which Other amounts receivable: -€12,580
- Stocks and contracts -€9,036
down €9,036 (-12.8%), from €70,732 to €61,695
- Cash +€4,949
up €4,949 (+8.9%), from €55,545 to €60,494
mainly Receivables within one year (+€23,373) and Net result for the year (+€23,345)
- Deferred charges and accrued income +€2,125
up €2,125 (+314%), from €677 to €2,801
- Debts after one year -€20,051
down €20,051 (-72.8%), from €27,531 to €7,480
- Reserves +€10,345
up €10,345 (+22.7%), from €45,513 to €55,857
- Trade debts -€9,790
down €9,790 (-23.2%), from €42,136 to €32,346
- Tax, wage and social debts -€4,819
down €4,819 (-42.0%), from €11,471 to €6,652
- Gross operating margin +€1,774
up €1,774 (+6.9%), from €25,604 to €27,378
- Financial charges -€1,383
down €1,383 (-36.7%), from €3,771 to €2,388
- Taxes +€1,344
up €1,344 (+49.3%), from €2,726 to €4,070
- Depreciation +€898
up €898 (+101%), from €890 to €1,788
- Financial income +€426
up €426 (+10.2%), from €4,186 to €4,612
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 | €192,698 | €167,375 | -€25,324 | -13.1% |
| Fixed assets | 21/28 | €7,987 | €7,999 | +€12 | +0.2% |
| Tangible fixed assets | 22/27 | €7,987 | €7,999 | +€12 | +0.2% |
| Furniture and vehicles | 24 | - | €902 | +€902 | |
| Other tangible fixed assets | 26 | €7,987 | €7,096 | -€890 | -11.1% |
| Current assets | 29/58 | €184,712 | €159,376 | -€25,336 | -13.7% |
| Stocks and contracts in progress | 3 | €70,732 | €61,695 | -€9,036 | -12.8% |
| Stocks | 30/36 | €70,732 | €61,695 | -€9,036 | -12.8% |
| Amounts receivable within one year | 40/41 | €57,758 | €34,386 | -€23,373 | -40.5% |
| Trade receivables | 40 | €37,075 | €26,283 | -€10,793 | -29.1% |
| Other amounts receivable | 41 | €20,683 | €8,103 | -€12,580 | -60.8% |
| Cash at bank and in hand | 54/58 | €55,545 | €60,494 | +€4,949 | +8.9% |
| Deferred charges and accrued income | 490/1 | €677 | €2,801 | +€2,125 | +314% |
| Total equity and liabilities | 10/49 | €192,698 | €167,375 | -€25,324 | -13.1% |
| Equity | 10/15 | €47,513 | €57,857 | +€10,345 | +21.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €45,513 | €55,857 | +€10,345 | +22.7% |
| Distributable reserves | 133 | €45,513 | €55,857 | +€10,345 | +22.7% |
| Amounts payable | 17/49 | €145,186 | €109,518 | -€35,668 | -24.6% |
| Amounts payable after more than one year | 17 | €27,531 | €7,480 | -€20,051 | -72.8% |
| Financial debts | 170/4 | €27,531 | €7,480 | -€20,051 | -72.8% |
| Amounts payable within one year | 42/48 | €114,589 | €99,353 | -€15,236 | -13.3% |
| Current portion of amounts payable after more than one year | 42 | €19,158 | €20,051 | +€893 | +4.7% |
| Trade debts | 44 | €42,136 | €32,346 | -€9,790 | -23.2% |
| Suppliers | 440/4 | €42,136 | €32,346 | -€9,790 | -23.2% |
| Taxes, remuneration and social security | 45 | €11,471 | €6,652 | -€4,819 | -42.0% |
| Taxes | 450/3 | €11,471 | €6,652 | -€4,819 | -42.0% |
| Other amounts payable | 47/48 | €41,824 | €40,304 | -€1,520 | -3.6% |
| Accrued charges and deferred income | 492/3 | €3,066 | €2,685 | -€381 | -12.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €890 | €1,788 | +€898 | +101% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €25,604 | €27,378 | +€1,774 | +6.9% |
| Operating profit (loss) | 9901 | €24,327 | €25,190 | +€864 | +3.6% |
| Financial income | 75/76B | €4,186 | €4,612 | +€426 | +10.2% |
| Recurring financial income | 75 | €4,186 | €4,612 | +€426 | +10.2% |
| Financial charges | 65/66B | €3,771 | €2,388 | -€1,383 | -36.7% |
| Recurring financial charges | 65 | €3,771 | €2,388 | -€1,383 | -36.7% |
| Profit (loss) for the period before taxes | 9903 | €24,742 | €27,415 | +€2,673 | +10.8% |
| Income taxes | 67/77 | €2,726 | €4,070 | +€1,344 | +49.3% |
| Profit (loss) for the period | 9904 | €22,016 | €23,345 | +€1,329 | +6.0% |
| Profit (loss) for the period to be appropriated | 9905 | €22,016 | €23,345 | +€1,329 | +6.0% |
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 15 October 2026 via checked.be.