JAGGY BUNNET: 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.
JAGGY BUNNET
Largest movements
- Cash +€277,233
up €277,233 (+132%), from €209,820 to €487,054
mainly Net result for the year (+€490,279) and Tax, wage and social debts (+€113,627)
- Financial fixed assets +€234,247
new in 2025: €234,247
- Deferred charges and accrued income +€94,878
up €94,878 (+457%), from €20,764 to €115,642
- Tangible fixed assets -€16,947
down €16,947 (-10.7%), from €157,795 to €140,848
of which Other tangible fixed assets: -€16,677
- Reserves +€462,402
up €462,402 (+67.1%), from €689,257 to €1.2m
- Tax, wage and social debts +€113,627
up €113,627 (+107%), from €106,139 to €219,766
- Other debts +€26,483
new in 2025: €26,483
- Debts after one year -€25,355
down €25,355 (-44.9%), from €56,445 to €31,090
- Financial income +€472,582
up €472,582 (+573%), from €82,434 to €555,016
- Taxes +€188,746
up €188,746 (+376%), from €50,159 to €238,905
- Gross operating margin +€93,344
up €93,344 (+89.2%), from €104,672 to €198,016
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 | €891,091 | €1,469,280 | +€578,189 | +64.9% |
| Fixed assets | 21/28 | €157,795 | €375,095 | +€217,299 | +138% |
| Tangible fixed assets | 22/27 | €157,795 | €140,848 | -€16,947 | -10.7% |
| Plant, machinery and equipment | 23 | €270 | - | -€270 | |
| Other tangible fixed assets | 26 | €157,525 | €140,848 | -€16,677 | -10.6% |
| Financial fixed assets | 28 | - | €234,247 | +€234,247 | |
| Current assets | 29/58 | €733,296 | €1,094,185 | +€360,890 | +49.2% |
| Amounts receivable within one year | 40/41 | €502,711 | €491,489 | -€11,222 | -2.2% |
| Trade receivables | 40 | €27,576 | €25,455 | -€2,121 | -7.7% |
| Other amounts receivable | 41 | €475,135 | €466,034 | -€9,101 | -1.9% |
| Cash at bank and in hand | 54/58 | €209,820 | €487,054 | +€277,233 | +132% |
| Deferred charges and accrued income | 490/1 | €20,764 | €115,642 | +€94,878 | +457% |
| Total equity and liabilities | 10/49 | €891,091 | €1,469,280 | +€578,189 | +64.9% |
| Equity | 10/15 | €701,657 | €1,164,059 | +€462,402 | +65.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €689,257 | €1,151,659 | +€462,402 | +67.1% |
| Distributable reserves | 133 | €689,257 | €1,151,659 | +€462,402 | +67.1% |
| Amounts payable | 17/49 | €189,434 | €305,220 | +€115,786 | +61.1% |
| Amounts payable after more than one year | 17 | €56,445 | €31,090 | -€25,355 | -44.9% |
| Financial debts | 170/4 | €56,445 | €31,090 | -€25,355 | -44.9% |
| Amounts payable within one year | 42/48 | €131,489 | €272,631 | +€141,141 | +107% |
| Current portion of amounts payable after more than one year | 42 | €24,217 | €25,355 | +€1,138 | +4.7% |
| Trade debts | 44 | €1,134 | €1,027 | -€106 | -9.4% |
| Suppliers | 440/4 | €1,134 | €1,027 | -€106 | -9.4% |
| Taxes, remuneration and social security | 45 | €106,139 | €219,766 | +€113,627 | +107% |
| Taxes | 450/3 | €106,139 | €219,766 | +€113,627 | +107% |
| Other amounts payable | 47/48 | - | €26,483 | +€26,483 | |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,414 | €16,947 | -€466 | -2.7% |
| Other operating charges | 640/8 | €1,807 | €3,417 | +€1,610 | +89.1% |
| Gross operating margin | 9900 | €104,672 | €198,016 | +€93,344 | +89.2% |
| Operating profit (loss) | 9901 | €85,452 | €177,651 | +€92,200 | +108% |
| Financial income | 75/76B | €82,434 | €555,016 | +€472,582 | +573% |
| Recurring financial income | 75 | €82,434 | €555,016 | +€472,582 | +573% |
| Financial charges | 65/66B | €2,618 | €3,484 | +€867 | +33.1% |
| Recurring financial charges | 65 | €2,618 | €3,484 | +€867 | +33.1% |
| Profit (loss) for the period before taxes | 9903 | €165,269 | €729,183 | +€563,915 | +341% |
| Income taxes | 67/77 | €50,159 | €238,905 | +€188,746 | +376% |
| Profit (loss) for the period | 9904 | €115,110 | €490,279 | +€375,169 | +326% |
| Profit (loss) for the period to be appropriated | 9905 | €115,110 | €490,279 | +€375,169 | +326% |
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 25 October 2026 via checked.be.