JAGO4U: 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.
JAGO4U
Largest movements
- Tangible fixed assets -€19,596
down €19,596 (-30.9%), from €63,495 to €43,899
of which Furniture and vehicles: -€18,579
- Cash -€10,652
no longer reported in 2025 (was €10,652)
mainly Net result for the year (-€36,052) and Debts after one year (-€17,434)
- Receivables within one year +€6,752
up €6,752 (+12.7%), from €53,348 to €60,100
of which Trade receivables: +€19,913
- Reserves -€36,052
down €36,052 (-73.1%), from €49,299 to €13,247
- Other debts +€22,741
up €22,741 (+235%), from €9,666 to €32,407
- Debts after one year -€17,434
down €17,434 (-46.9%), from €37,153 to €19,719
- Tax, wage and social debts +€5,175
up €5,175 (+105%), from €4,930 to €10,105
of which Taxes: +€8,425
- Accrued charges and deferred income +€1,475
new in 2025: €1,475
- Gross operating margin -€37,696
down €37,696, from €25,005 to -€12,691
- Taxes -€1,412
down €1,412 (-84.1%), from €1,680 to €268
- Other operating charges +€662
up €662 (+112%), from €590 to €1,252
- Financial charges -€518
down €518 (-18.8%), from €2,763 to €2,245
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 | €127,495 | €103,999 | -€23,495 | -18.4% |
| Fixed assets | 21/28 | €63,495 | €43,899 | -€19,596 | -30.9% |
| Tangible fixed assets | 22/27 | €63,495 | €43,899 | -€19,596 | -30.9% |
| Land and buildings | 22 | €3,641 | €3,063 | -€578 | -15.9% |
| Plant, machinery and equipment | 23 | €3,608 | €3,169 | -€439 | -12.2% |
| Furniture and vehicles | 24 | €56,246 | €37,667 | -€18,579 | -33.0% |
| Current assets | 29/58 | €64,000 | €60,100 | -€3,900 | -6.1% |
| Amounts receivable within one year | 40/41 | €53,348 | €60,100 | +€6,752 | +12.7% |
| Trade receivables | 40 | €40,187 | €60,100 | +€19,913 | +49.6% |
| Other amounts receivable | 41 | €13,161 | - | -€13,161 | |
| Cash at bank and in hand | 54/58 | €10,652 | - | -€10,652 | |
| Total equity and liabilities | 10/49 | €127,495 | €103,999 | -€23,495 | -18.4% |
| Equity | 10/15 | €55,499 | €19,447 | -€36,052 | -65.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €49,299 | €13,247 | -€36,052 | -73.1% |
| Distributable reserves | 133 | €49,299 | €13,247 | -€36,052 | -73.1% |
| Amounts payable | 17/49 | €71,996 | €84,552 | +€12,557 | +17.4% |
| Amounts payable after more than one year | 17 | €37,153 | €19,719 | -€17,434 | -46.9% |
| Financial debts | 170/4 | €37,153 | €19,719 | -€17,434 | -46.9% |
| Amounts payable within one year | 42/48 | €34,842 | €63,357 | +€28,515 | +81.8% |
| Current portion of amounts payable after more than one year | 42 | €16,727 | €17,434 | +€707 | +4.2% |
| Financial debts | 43 | - | €15 | +€15 | |
| Credit institutions | 430/8 | - | €15 | +€15 | |
| Trade debts | 44 | €3,520 | €3,397 | -€123 | -3.5% |
| Suppliers | 440/4 | €3,520 | €3,397 | -€123 | -3.5% |
| Taxes, remuneration and social security | 45 | €4,930 | €10,105 | +€5,175 | +105% |
| Taxes | 450/3 | €1,680 | €10,105 | +€8,425 | +502% |
| Remuneration and social security | 454/9 | €3,250 | - | -€3,250 | |
| Other amounts payable | 47/48 | €9,666 | €32,407 | +€22,741 | +235% |
| Accrued charges and deferred income | 492/3 | - | €1,475 | +€1,475 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,596 | €19,596 | = | 0.0% |
| Other operating charges | 640/8 | €590 | €1,252 | +€662 | +112% |
| Gross operating margin | 9900 | €25,005 | -€12,691 | -€37,696 | |
| Operating profit (loss) | 9901 | €4,819 | -€33,539 | -€38,358 | |
| Financial income | 75/76B | €67 | - | -€67 | |
| Recurring financial income | 75 | €67 | - | -€67 | |
| Financial charges | 65/66B | €2,763 | €2,245 | -€518 | -18.8% |
| Recurring financial charges | 65 | €2,763 | €2,245 | -€518 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €2,123 | -€35,784 | -€37,907 | |
| Income taxes | 67/77 | €1,680 | €268 | -€1,412 | -84.1% |
| Profit (loss) for the period | 9904 | €443 | -€36,052 | -€36,495 | |
| Profit (loss) for the period to be appropriated | 9905 | €443 | -€36,052 | -€36,495 |
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.