JAGS-IT: 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.
JAGS-IT
Largest movements
- Cash +€25,662
up €25,662 (+10.7%), from €240,258 to €265,920
mainly Net result for the year (+€53,808) and Other debts (+€26,126)
- Other debts +€26,126
up €26,126 (+29.3%), from €89,103 to €115,229
- Tax, wage and social debts +€7,101
up €7,101 (+27.3%), from €25,979 to €33,080
- Gross operating margin +€33,469
up €33,469 (+63.0%), from €53,113 to €86,582
- Taxes +€9,301
up €9,301 (+66.8%), from €13,919 to €23,220
- Depreciation +€1,063
up €1,063 (+13.4%), from €7,917 to €8,980
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 | €283,627 | €315,630 | +€32,003 | +11.3% |
| Fixed assets | 21/28 | €9,630 | €11,412 | +€1,782 | +18.5% |
| Tangible fixed assets | 22/27 | €9,630 | €11,412 | +€1,782 | +18.5% |
| Plant, machinery and equipment | 23 | €4,150 | €5,256 | +€1,106 | +26.7% |
| Furniture and vehicles | 24 | €5,480 | €6,156 | +€676 | +12.3% |
| Current assets | 29/58 | €273,997 | €304,218 | +€30,220 | +11.0% |
| Amounts receivable within one year | 40/41 | €31,690 | €34,792 | +€3,102 | +9.8% |
| Trade receivables | 40 | €28,126 | €31,228 | +€3,102 | +11.0% |
| Other amounts receivable | 41 | €3,564 | €3,564 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €240,258 | €265,920 | +€25,662 | +10.7% |
| Deferred charges and accrued income | 490/1 | €2,050 | €3,506 | +€1,456 | +71.0% |
| Total equity and liabilities | 10/49 | €283,627 | €315,630 | +€32,003 | +11.3% |
| Equity | 10/15 | €166,100 | €166,477 | +€377 | +0.2% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €154,055 | €154,432 | +€377 | +0.2% |
| Distributable reserves | 133 | €154,055 | €154,432 | +€377 | +0.2% |
| Profit (loss) carried forward | 14 | €3,985 | €3,985 | = | 0.0% |
| Amounts payable | 17/49 | €117,527 | €149,153 | +€31,626 | +26.9% |
| Amounts payable within one year | 42/48 | €117,527 | €149,153 | +€31,626 | +26.9% |
| Trade debts | 44 | €2,445 | €844 | -€1,601 | -65.5% |
| Suppliers | 440/4 | €2,445 | €844 | -€1,601 | -65.5% |
| Taxes, remuneration and social security | 45 | €25,979 | €33,080 | +€7,101 | +27.3% |
| Taxes | 450/3 | €25,979 | €33,080 | +€7,101 | +27.3% |
| Other amounts payable | 47/48 | €89,103 | €115,229 | +€26,126 | +29.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,917 | €8,980 | +€1,063 | +13.4% |
| Other operating charges | 640/8 | €271 | €285 | +€14 | +5.2% |
| Gross operating margin | 9900 | €53,113 | €86,582 | +€33,469 | +63.0% |
| Operating profit (loss) | 9901 | €44,925 | €77,317 | +€32,392 | +72.1% |
| Financial income | 75/76B | €75 | €58 | -€18 | -23.7% |
| Recurring financial income | 75 | €75 | €58 | -€18 | -23.7% |
| Financial charges | 65/66B | €221 | €346 | +€125 | +56.8% |
| Recurring financial charges | 65 | €221 | €346 | +€125 | +56.8% |
| Profit (loss) for the period before taxes | 9903 | €44,780 | €77,028 | +€32,248 | +72.0% |
| Income taxes | 67/77 | €13,919 | €23,220 | +€9,301 | +66.8% |
| Profit (loss) for the period | 9904 | €30,861 | €53,808 | +€22,947 | +74.4% |
| Profit (loss) for the period to be appropriated | 9905 | €30,861 | €53,808 | +€22,947 | +74.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.