JAGGA: 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.
JAGGA
Largest movements
- Receivables within one year -€10,989
down €10,989 (-89.8%), from €12,238 to €1,249
- Cash +€5,232
up €5,232 (+62.4%), from €8,387 to €13,619
mainly Net result for the year (+€15,126) and Receivables within one year (+€10,989)
- Tangible fixed assets -€4,123
down €4,123 (-21.6%), from €19,046 to €14,923
of which Plant, machinery and equipment: -€3,741
- Other debts -€17,940
down €17,940 (-42.2%), from €42,550 to €24,610
- Reserves +€15,000
new in 2025: €15,000
- Trade debts -€8,569
down €8,569 (-39.5%), from €21,696 to €13,127
- Tax, wage and social debts +€1,503
up €1,503 (+116.9%), from €1,286 to €2,789
- Gross operating margin +€19,026
up €19,026 (+231.3%), from €8,226 to €27,252
- Other operating charges +€3,864
up €3,864 (+178.9%), from €2,160 to €6,024
- Taxes +€1,500
new in 2025: €1,500
- Financial charges -€1,047
down €1,047 (-74.0%), from €1,414 to €367
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 | €44,271 | €34,391 | -€9,880 | -22.3% |
| Fixed assets | 21/28 | €23,646 | €19,523 | -€4,123 | -17.4% |
| Tangible fixed assets | 22/27 | €19,046 | €14,923 | -€4,123 | -21.6% |
| Plant, machinery and equipment | 23 | €15,799 | €12,058 | -€3,741 | -23.7% |
| Furniture and vehicles | 24 | €152 | €73 | -€79 | -52.0% |
| Other tangible fixed assets | 26 | €3,095 | €2,792 | -€303 | -9.8% |
| Financial fixed assets | 28 | €4,600 | €4,600 | = | 0.0% |
| Current assets | 29/58 | €20,625 | €14,868 | -€5,757 | -27.9% |
| Amounts receivable within one year | 40/41 | €12,238 | €1,249 | -€10,989 | -89.8% |
| Trade receivables | 40 | €12,238 | €1,249 | -€10,989 | -89.8% |
| Cash at bank and in hand | 54/58 | €8,387 | €13,619 | +€5,232 | +62.4% |
| Total equity and liabilities | 10/49 | €44,271 | €34,391 | -€9,880 | -22.3% |
| Equity | 10/15 | -€21,261 | -€6,135 | +€15,126 | +71.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | - | €15,000 | +€15,000 | |
| Distributable reserves | 133 | - | €15,000 | +€15,000 | |
| Profit (loss) carried forward | 14 | -€27,461 | -€27,335 | +€126 | +0.5% |
| Amounts payable | 17/49 | €65,532 | €40,526 | -€25,006 | -38.2% |
| Amounts payable within one year | 42/48 | €65,532 | €40,526 | -€25,006 | -38.2% |
| Trade debts | 44 | €21,696 | €13,127 | -€8,569 | -39.5% |
| Suppliers | 440/4 | €21,696 | €13,127 | -€8,569 | -39.5% |
| Taxes, remuneration and social security | 45 | €1,286 | €2,789 | +€1,503 | +116.9% |
| Taxes | 450/3 | €1,286 | €2,789 | +€1,503 | +116.9% |
| Other amounts payable | 47/48 | €42,550 | €24,610 | -€17,940 | -42.2% |
| Remuneration, social security and pensions | 62 | €107 | €114 | +€7 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,322 | €4,123 | -€199 | -4.6% |
| Other operating charges | 640/8 | €2,160 | €6,024 | +€3,864 | +178.9% |
| Gross operating margin | 9900 | €8,226 | €27,252 | +€19,026 | +231.3% |
| Operating profit (loss) | 9901 | €1,637 | €16,991 | +€15,354 | +937.9% |
| Financial income | 75/76B | €10 | €2 | -€8 | -80.0% |
| Recurring financial income | 75 | €10 | €2 | -€8 | -80.0% |
| Financial charges | 65/66B | €1,414 | €367 | -€1,047 | -74.0% |
| Recurring financial charges | 65 | €1,414 | €367 | -€1,047 | -74.0% |
| Profit (loss) for the period before taxes | 9903 | €233 | €16,626 | +€16,393 | +7035.6% |
| Income taxes | 67/77 | - | €1,500 | +€1,500 | |
| Profit (loss) for the period | 9904 | €233 | €15,126 | +€14,893 | +6391.8% |
| Profit (loss) for the period to be appropriated | 9905 | €233 | €15,126 | +€14,893 | +6391.8% |
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 7 October 2026 via checked.be.