JAI: 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.
JAI
Largest movements
- Cash -€58,976
down €58,976 (-69.4%), from €84,925 to €25,949
mainly Net result for the year (-€29,761) and Other debts (-€16,752)
- Receivables within one year +€6,406
up €6,406 (+13.1%), from €48,822 to €55,227
of which Trade receivables: +€9,800
- Tangible fixed assets +€2,228
up €2,228 (+96.8%), from €2,300 to €4,528
of which Furniture and vehicles: +€2,617
- Profit (loss) carried forward -€29,761
down €29,761 (-77.1%), from €38,578 to €8,817
- Other debts -€16,752
down €16,752 (-71.0%), from €23,590 to €6,838
- Trade debts -€1,942
down €1,942 (-8.4%), from €23,041 to €21,098
- Gross operating margin +€90,100
up €90,100 (+77.5%), from -€116,251 to -€26,151
- Other operating charges +€2,514
up €2,514 (+821%), from €306 to €2,820
- Financial income -€1,328
down €1,328 (-66.7%), from €1,993 to €664
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 | €137,093 | €87,466 | -€49,628 | -36.2% |
| Fixed assets | 21/28 | €2,300 | €4,528 | +€2,228 | +96.8% |
| Tangible fixed assets | 22/27 | €2,300 | €4,528 | +€2,228 | +96.8% |
| Plant, machinery and equipment | 23 | €1,283 | €894 | -€389 | -30.3% |
| Furniture and vehicles | 24 | €1,017 | €3,634 | +€2,617 | +257% |
| Current assets | 29/58 | €134,793 | €82,938 | -€51,855 | -38.5% |
| Amounts receivable within one year | 40/41 | €48,822 | €55,227 | +€6,406 | +13.1% |
| Trade receivables | 40 | €1,810 | €11,611 | +€9,800 | +541% |
| Other amounts receivable | 41 | €47,011 | €43,617 | -€3,395 | -7.2% |
| Cash at bank and in hand | 54/58 | €84,925 | €25,949 | -€58,976 | -69.4% |
| Deferred charges and accrued income | 490/1 | €1,047 | €1,762 | +€715 | +68.3% |
| Total equity and liabilities | 10/49 | €137,093 | €87,466 | -€49,628 | -36.2% |
| Equity | 10/15 | €86,180 | €56,419 | -€29,761 | -34.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €41,402 | €41,402 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €39,542 | €39,542 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,578 | €8,817 | -€29,761 | -77.1% |
| Amounts payable | 17/49 | €50,913 | €31,047 | -€19,866 | -39.0% |
| Amounts payable within one year | 42/48 | €50,913 | €31,047 | -€19,866 | -39.0% |
| Trade debts | 44 | €23,041 | €21,098 | -€1,942 | -8.4% |
| Suppliers | 440/4 | €23,041 | €21,098 | -€1,942 | -8.4% |
| Taxes, remuneration and social security | 45 | €4,283 | €3,111 | -€1,172 | -27.4% |
| Taxes | 450/3 | €1,783 | €611 | -€1,172 | -65.7% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €23,590 | €6,838 | -€16,752 | -71.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €501 | €1,292 | +€791 | +158% |
| Other operating charges | 640/8 | €306 | €2,820 | +€2,514 | +821% |
| Gross operating margin | 9900 | -€116,251 | -€26,151 | +€90,100 | +77.5% |
| Operating profit (loss) | 9901 | -€117,059 | -€30,263 | +€86,796 | +74.1% |
| Financial income | 75/76B | €1,993 | €664 | -€1,328 | -66.7% |
| Recurring financial income | 75 | €1,993 | €664 | -€1,328 | -66.7% |
| Financial charges | 65/66B | €311 | €163 | -€148 | -47.7% |
| Recurring financial charges | 65 | €311 | €163 | -€148 | -47.7% |
| Profit (loss) for the period before taxes | 9903 | -€115,376 | -€29,761 | +€85,615 | +74.2% |
| Profit (loss) for the period | 9904 | -€115,376 | -€29,761 | +€85,615 | +74.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€115,376 | -€29,761 | +€85,615 | +74.2% |
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 13 October 2026 via checked.be.