Jagua: 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.
Jagua
Largest movements
- Receivables within one year -€161,491
down €161,491 (-39.4%), from €409,644 to €248,153
of which Trade receivables: -€292,431
- Stocks and contracts -€84,265
down €84,265 (-36.6%), from €230,000 to €145,735
- Tangible fixed assets -€39,572
down €39,572 (-27.2%), from €145,686 to €106,114
of which Furniture and vehicles: -€33,234
- Cash +€12,032
up €12,032 (+4.3%), from €277,114 to €289,146
mainly Receivables within one year (+€161,491) and Stocks and contracts (+€84,265)
- Tax, wage and social debts -€273,902
down €273,902 (-100%), from €273,902 to €0
- Debts after one year -€30,627
down €30,627 (-32.2%), from €95,164 to €64,537
- Reserves +€29,799
up €29,799 (+4.5%), from €659,244 to €689,043
- Gross operating margin -€652,678
down €652,678 (-85.3%), from €765,249 to €112,571
- Taxes -€212,586
down €212,586 (-94.8%), from €224,341 to €11,755
- Staff costs +€23,316
new in 2025: €23,316
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 | €1,067,881 | €796,729 | -€271,151 | -25.4% |
| Fixed assets | 21/28 | €145,686 | €106,114 | -€39,572 | -27.2% |
| Tangible fixed assets | 22/27 | €145,686 | €106,114 | -€39,572 | -27.2% |
| Plant, machinery and equipment | 23 | €16,997 | €10,659 | -€6,338 | -37.3% |
| Furniture and vehicles | 24 | €128,690 | €95,456 | -€33,234 | -25.8% |
| Current assets | 29/58 | €922,194 | €690,615 | -€231,579 | -25.1% |
| Stocks and contracts in progress | 3 | €230,000 | €145,735 | -€84,265 | -36.6% |
| Contracts in progress | 37 | €230,000 | €145,735 | -€84,265 | -36.6% |
| Amounts receivable within one year | 40/41 | €409,644 | €248,153 | -€161,491 | -39.4% |
| Trade receivables | 40 | €383,643 | €91,211 | -€292,431 | -76.2% |
| Other amounts receivable | 41 | €26,002 | €156,942 | +€130,941 | +504% |
| Cash at bank and in hand | 54/58 | €277,114 | €289,146 | +€12,032 | +4.3% |
| Deferred charges and accrued income | 490/1 | €5,436 | €7,581 | +€2,145 | +39.5% |
| Total equity and liabilities | 10/49 | €1,067,881 | €796,729 | -€271,151 | -25.4% |
| Equity | 10/15 | €662,244 | €692,043 | +€29,799 | +4.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €659,244 | €689,043 | +€29,799 | +4.5% |
| Distributable reserves | 133 | €659,244 | €689,043 | +€29,799 | +4.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €405,637 | €104,686 | -€300,950 | -74.2% |
| Amounts payable after more than one year | 17 | €95,164 | €64,537 | -€30,627 | -32.2% |
| Financial debts | 170/4 | €95,164 | €64,537 | -€30,627 | -32.2% |
| Amounts payable within one year | 42/48 | €309,667 | €39,286 | -€270,382 | -87.3% |
| Current portion of amounts payable after more than one year | 42 | €29,139 | €30,627 | +€1,488 | +5.1% |
| Trade debts | 44 | €5,963 | €8,659 | +€2,696 | +45.2% |
| Suppliers | 440/4 | €5,963 | €8,659 | +€2,696 | +45.2% |
| Taxes, remuneration and social security | 45 | €273,902 | €0 | -€273,902 | -100% |
| Taxes | 450/3 | €273,902 | €0 | -€273,902 | -100% |
| Other amounts payable | 47/48 | €664 | €0 | -€664 | -100% |
| Accrued charges and deferred income | 492/3 | €805 | €863 | +€58 | +7.3% |
| Remuneration, social security and pensions | 62 | - | €23,316 | +€23,316 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,936 | €42,342 | +€5,406 | +14.6% |
| Other operating charges | 640/8 | €902 | €700 | -€202 | -22.4% |
| Non-recurring operating charges | 66A | - | €2,497 | +€2,497 | |
| Gross operating margin | 9900 | €765,249 | €112,571 | -€652,678 | -85.3% |
| Operating profit (loss) | 9901 | €727,410 | €43,716 | -€683,694 | -94.0% |
| Financial income | 75/76B | €307 | €5,557 | +€5,249 | +1,708% |
| Recurring financial income | 75 | €307 | €5,557 | +€5,249 | +1,708% |
| Financial charges | 65/66B | €6,969 | €7,719 | +€750 | +10.8% |
| Recurring financial charges | 65 | €6,969 | €7,719 | +€750 | +10.8% |
| Profit (loss) for the period before taxes | 9903 | €720,749 | €41,554 | -€679,195 | -94.2% |
| Income taxes | 67/77 | €224,341 | €11,755 | -€212,586 | -94.8% |
| Profit (loss) for the period | 9904 | €496,408 | €29,799 | -€466,609 | -94.0% |
| Profit (loss) for the period to be appropriated | 9905 | €496,408 | €29,799 | -€466,609 | -94.0% |
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 15 October 2026 via checked.be.