Jagi Concept: 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.
Jagi Concept
Largest movements
- Tangible fixed assets -€38,329
down €38,329 (-39.8%), from €96,233 to €57,904
of which Other tangible fixed assets: -€35,303
- Deferred charges and accrued income +€6,274
up €6,274 (+83.5%), from €7,510 to €13,784
- Receivables within one year -€3,333
down €3,333 (-49.8%), from €6,699 to €3,366
of which Other amounts receivable: -€1,732
- Trade debts -€12,504
down €12,504 (-15.1%), from €82,891 to €70,387
- Debts after one year -€10,000
down €10,000 (-100.0%), from €10,000 to €0
- Tax, wage and social debts -€9,733
down €9,733 (-26.1%), from €37,282 to €27,548
of which Taxes: -€11,606
- Reserves -€7,442
down €7,442 (-4.8%), from €156,270 to €148,828
- Provisions -€18,380
down €18,380 (-91.9%), from €20,000 to €1,620
- Gross operating margin -€13,001
down €13,001 (-10.3%), from €125,872 to €112,872
- Staff costs +€7,558
up €7,558 (+10.1%), from €74,732 to €82,290
- Financial income +€3,977
up €3,977 (+76.7%), from €5,185 to €9,162
- Financial charges -€2,978
down €2,978 (-33.0%), from €9,026 to €6,048
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 | €328,134 | €289,230 | -€38,904 | -11.9% |
| Fixed assets | 21/28 | €96,233 | €57,904 | -€38,329 | -39.8% |
| Tangible fixed assets | 22/27 | €96,233 | €57,904 | -€38,329 | -39.8% |
| Plant, machinery and equipment | 23 | €3,454 | €2,157 | -€1,297 | -37.6% |
| Furniture and vehicles | 24 | €3,393 | €1,663 | -€1,730 | -51.0% |
| Other tangible fixed assets | 26 | €89,386 | €54,083 | -€35,303 | -39.5% |
| Current assets | 29/58 | €231,902 | €231,327 | -€575 | -0.2% |
| Amounts receivable after more than one year | 29 | €60,000 | €60,000 | = | 0.0% |
| Other amounts receivable | 291 | €60,000 | €60,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €79,016 | €75,834 | -€3,182 | -4.0% |
| Stocks | 30/36 | €79,016 | €75,834 | -€3,182 | -4.0% |
| Amounts receivable within one year | 40/41 | €6,699 | €3,366 | -€3,333 | -49.8% |
| Trade receivables | 40 | €1,633 | €32 | -€1,601 | -98.0% |
| Other amounts receivable | 41 | €5,066 | €3,334 | -€1,732 | -34.2% |
| Current investments | 50/53 | €20,000 | €21,640 | +€1,640 | +8.2% |
| Cash at bank and in hand | 54/58 | €58,676 | €56,703 | -€1,973 | -3.4% |
| Deferred charges and accrued income | 490/1 | €7,510 | €13,784 | +€6,274 | +83.5% |
| Total equity and liabilities | 10/49 | €328,134 | €289,230 | -€38,904 | -11.9% |
| Equity | 10/15 | €176,270 | €168,828 | -€7,442 | -4.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €156,270 | €148,828 | -€7,442 | -4.8% |
| Distributable reserves | 133 | €156,270 | €148,828 | -€7,442 | -4.8% |
| Provisions and deferred taxes | 16 | €20,000 | €21,620 | +€1,620 | +8.1% |
| Provisions for liabilities and charges | 160/5 | €20,000 | €21,620 | +€1,620 | +8.1% |
| Other liabilities and charges | 164/5 | €20,000 | €21,620 | +€1,620 | +8.1% |
| Amounts payable | 17/49 | €131,865 | €98,783 | -€33,082 | -25.1% |
| Amounts payable after more than one year | 17 | €10,000 | €0 | -€10,000 | -100.0% |
| Financial debts | 170/4 | €10,000 | €0 | -€10,000 | -100.0% |
| Amounts payable within one year | 42/48 | €121,443 | €98,783 | -€22,661 | -18.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €82,891 | €70,387 | -€12,504 | -15.1% |
| Suppliers | 440/4 | €82,891 | €70,387 | -€12,504 | -15.1% |
| Taxes, remuneration and social security | 45 | €37,282 | €27,548 | -€9,733 | -26.1% |
| Taxes | 450/3 | €15,641 | €4,035 | -€11,606 | -74.2% |
| Remuneration and social security | 454/9 | €21,640 | €23,513 | +€1,873 | +8.7% |
| Other amounts payable | 47/48 | €1,270 | €847 | -€423 | -33.3% |
| Accrued charges and deferred income | 492/3 | €422 | €0 | -€422 | -100.0% |
| Remuneration, social security and pensions | 62 | €74,732 | €82,290 | +€7,558 | +10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,666 | €38,329 | +€1,663 | +4.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €20,000 | €1,620 | -€18,380 | -91.9% |
| Other operating charges | 640/8 | €2,982 | €1,189 | -€1,793 | -60.1% |
| Gross operating margin | 9900 | €125,872 | €112,872 | -€13,001 | -10.3% |
| Operating profit (loss) | 9901 | -€8,507 | -€10,556 | -€2,049 | -24.1% |
| Financial income | 75/76B | €5,185 | €9,162 | +€3,977 | +76.7% |
| Recurring financial income | 75 | €5,185 | €9,162 | +€3,977 | +76.7% |
| Financial charges | 65/66B | €9,026 | €6,048 | -€2,978 | -33.0% |
| Recurring financial charges | 65 | €9,026 | €6,048 | -€2,978 | -33.0% |
| Profit (loss) for the period before taxes | 9903 | -€12,348 | -€7,442 | +€4,906 | +39.7% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€12,348 | -€7,442 | +€4,906 | +39.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,348 | -€7,442 | +€4,906 | +39.7% |
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 10 October 2026 via checked.be.