JAHECO: 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.
JAHECO
Largest movements
- Cash -€5,710
down €5,710 (-100.0%), from €5,710 to €0
mainly Investment in fixed assets (net) (-€12,873) and Net result for the year (-€5,126)
- Receivables within one year +€4,524
up €4,524 (+68.1%), from €6,644 to €11,168
of which Trade receivables: +€4,520
- Deferred charges and accrued income -€1,560
no longer reported in 2025 (was €1,560)
- Profit (loss) carried forward -€5,126
new in 2025: -€5,126
- Debts after one year +€4,081
up €4,081 (+942.0%), from €433 to €4,515
- Current portion of long-term debt -€2,689
down €2,689 (-53.1%), from €5,059 to €2,371
- Short-term financial debts +€2,424
new in 2025: €2,424
- Other debts -€1,906
down €1,906 (-79.3%), from €2,403 to €497
- Gross operating margin -€23,418
down €23,418 (-66.0%), from €35,508 to €12,090
- Taxes -€6,377
down €6,377, from €5,110 to -€1,268
- Depreciation +€1,355
up €1,355 (+12.0%), from €11,309 to €12,665
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 | €49,511 | €46,974 | -€2,537 | -5.1% |
| Fixed assets | 21/28 | €35,597 | €35,806 | +€209 | +0.6% |
| Tangible fixed assets | 22/27 | €35,597 | €35,806 | +€209 | +0.6% |
| Land and buildings | 22 | €1,731 | €1,470 | -€261 | -15.1% |
| Plant, machinery and equipment | 23 | €28,926 | €26,018 | -€2,908 | -10.1% |
| Furniture and vehicles | 24 | €4,939 | €8,317 | +€3,378 | +68.4% |
| Current assets | 29/58 | €13,914 | €11,168 | -€2,746 | -19.7% |
| Amounts receivable within one year | 40/41 | €6,644 | €11,168 | +€4,524 | +68.1% |
| Trade receivables | 40 | €6,644 | €11,163 | +€4,520 | +68.0% |
| Other amounts receivable | 41 | - | €4 | +€4 | |
| Cash at bank and in hand | 54/58 | €5,710 | €0 | -€5,710 | -100.0% |
| Deferred charges and accrued income | 490/1 | €1,560 | - | -€1,560 | |
| Total equity and liabilities | 10/49 | €49,511 | €46,974 | -€2,537 | -5.1% |
| Equity | 10/15 | €35,510 | €30,384 | -€5,126 | -14.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €32,510 | €32,510 | = | 0.0% |
| Distributable reserves | 133 | €32,510 | €32,510 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€5,126 | -€5,126 | |
| Amounts payable | 17/49 | €14,002 | €16,590 | +€2,588 | +18.5% |
| Amounts payable after more than one year | 17 | €433 | €4,515 | +€4,081 | +942.0% |
| Financial debts | 170/4 | €433 | €4,515 | +€4,081 | +942.0% |
| Amounts payable within one year | 42/48 | €13,568 | €12,075 | -€1,493 | -11.0% |
| Current portion of amounts payable after more than one year | 42 | €5,059 | €2,371 | -€2,689 | -53.1% |
| Financial debts | 43 | - | €2,424 | +€2,424 | |
| Credit institutions | 430/8 | - | €2,424 | +€2,424 | |
| Trade debts | 44 | €4,564 | €4,231 | -€333 | -7.3% |
| Suppliers | 440/4 | €4,564 | €4,231 | -€333 | -7.3% |
| Taxes, remuneration and social security | 45 | €1,542 | €2,552 | +€1,010 | +65.5% |
| Taxes | 450/3 | €1,542 | €2,552 | +€1,010 | +65.5% |
| Other amounts payable | 47/48 | €2,403 | €497 | -€1,906 | -79.3% |
| Remuneration, social security and pensions | 62 | €3,896 | €3,867 | -€29 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,309 | €12,665 | +€1,355 | +12.0% |
| Other operating charges | 640/8 | €1,290 | €1,190 | -€101 | -7.8% |
| Gross operating margin | 9900 | €35,508 | €12,090 | -€23,418 | -66.0% |
| Operating profit (loss) | 9901 | €19,013 | -€5,631 | -€24,644 | |
| Financial income | 75/76B | €34 | €32 | -€2 | -6.0% |
| Recurring financial income | 75 | €34 | €32 | -€2 | -6.0% |
| Financial charges | 65/66B | €606 | €794 | +€188 | +31.0% |
| Recurring financial charges | 65 | €606 | €794 | +€188 | +31.0% |
| Profit (loss) for the period before taxes | 9903 | €18,441 | -€6,393 | -€24,834 | |
| Income taxes | 67/77 | €5,110 | -€1,268 | -€6,377 | |
| Profit (loss) for the period | 9904 | €13,331 | -€5,126 | -€18,456 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,331 | -€5,126 | -€18,456 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.