JAGNESS: 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.
JAGNESS
Largest movements
- Deferred charges and accrued income -€25,000
no longer reported in 2025 (was €25,000)
- Cash +€8,155
up €8,155 (+23.7%), from €34,419 to €42,574
mainly Deferred charges and accrued income (+€25,000) and Other debts (+€12,721)
- Receivables within one year -€6,712
down €6,712 (-54.6%), from €12,300 to €5,587
of which Trade receivables: -€12,300
- Tangible fixed assets +€2,421
up €2,421 (+50.6%), from €4,781 to €7,202
of which Plant, machinery and equipment: +€3,119
- Tax, wage and social debts -€21,000
down €21,000 (-95.9%), from €21,907 to €906
- Reserves -€15,613
down €15,613 (-67.0%), from €23,301 to €7,688
- Other debts +€12,721
up €12,721 (+136.4%), from €9,326 to €22,047
- Trade debts +€2,756
up €2,756 (+81.9%), from €3,366 to €6,121
- Gross operating margin -€55,385
down €55,385 (-76.3%), from €72,621 to €17,236
- Taxes -€10,668
down €10,668 (-70.7%), from €15,080 to €4,413
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €76,500 | €55,363 | -€21,136 | -27.6% |
| Fixed assets | 21/28 | €4,781 | €7,202 | +€2,421 | +50.6% |
| Tangible fixed assets | 22/27 | €4,781 | €7,202 | +€2,421 | +50.6% |
| Plant, machinery and equipment | 23 | €1,270 | €4,389 | +€3,119 | +245.5% |
| Furniture and vehicles | 24 | €3,511 | €2,813 | -€698 | -19.9% |
| Current assets | 29/58 | €71,719 | €48,162 | -€23,557 | -32.8% |
| Amounts receivable within one year | 40/41 | €12,300 | €5,587 | -€6,712 | -54.6% |
| Trade receivables | 40 | €12,300 | - | -€12,300 | |
| Other amounts receivable | 41 | - | €5,587 | +€5,587 | |
| Cash at bank and in hand | 54/58 | €34,419 | €42,574 | +€8,155 | +23.7% |
| Deferred charges and accrued income | 490/1 | €25,000 | - | -€25,000 | |
| Total equity and liabilities | 10/49 | €76,500 | €55,363 | -€21,136 | -27.6% |
| Equity | 10/15 | €41,901 | €26,288 | -€15,613 | -37.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €23,301 | €7,688 | -€15,613 | -67.0% |
| Distributable reserves | 133 | €23,301 | €7,688 | -€15,613 | -67.0% |
| Amounts payable | 17/49 | €34,598 | €29,075 | -€5,523 | -16.0% |
| Amounts payable within one year | 42/48 | €34,598 | €29,075 | -€5,523 | -16.0% |
| Trade debts | 44 | €3,366 | €6,121 | +€2,756 | +81.9% |
| Suppliers | 440/4 | €3,366 | €6,121 | +€2,756 | +81.9% |
| Taxes, remuneration and social security | 45 | €21,907 | €906 | -€21,000 | -95.9% |
| Taxes | 450/3 | €21,907 | €906 | -€21,000 | -95.9% |
| Other amounts payable | 47/48 | €9,326 | €22,047 | +€12,721 | +136.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,438 | €2,973 | +€535 | +22.0% |
| Other operating charges | 640/8 | €1,367 | €1,516 | +€149 | +10.9% |
| Non-recurring operating charges | 66A | €335 | €545 | +€210 | +62.5% |
| Gross operating margin | 9900 | €72,621 | €17,236 | -€55,385 | -76.3% |
| Operating profit (loss) | 9901 | €68,480 | €12,202 | -€56,279 | -82.2% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €99 | €101 | +€2 | +1.7% |
| Recurring financial charges | 65 | €99 | €101 | +€2 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €68,382 | €12,101 | -€56,281 | -82.3% |
| Income taxes | 67/77 | €15,080 | €4,413 | -€10,668 | -70.7% |
| Profit (loss) for the period | 9904 | €53,301 | €7,688 | -€45,613 | -85.6% |
| Profit (loss) for the period to be appropriated | 9905 | €53,301 | €7,688 | -€45,613 | -85.6% |
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 4 October 2026 via checked.be.