JAISHANKAR: 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.
JAISHANKAR
Largest movements
- Stocks and contracts -€20,473
down €20,473 (-29.0%), from €70,570 to €50,098
- Cash +€18,475
up €18,475 (+2929.7%), from €631 to €19,106
mainly Stocks and contracts (+€20,473) and Net result for the year (+€6,569)
- Tangible fixed assets +€5,309
up €5,309 (+273.5%), from €1,941 to €7,249
of which Other tangible fixed assets: +€4,500
- Receivables within one year -€1,171
no longer reported in 2025 (was €1,171)
- Current portion of long-term debt -€7,500
down €7,500 (-39.5%), from €19,000 to €11,500
- Profit (loss) carried forward +€6,569
up €6,569 (+48.3%), from -€13,593 to -€7,024
- Other debts +€2,916
up €2,916 (+5.5%), from €53,060 to €55,976
- Trade debts +€1,152
new in 2025: €1,152
- Tax, wage and social debts -€997
down €997 (-9.2%), from €10,791 to €9,794
of which Taxes: -€3,934
- Gross operating margin +€13,789
up €13,789 (+8489.7%), from €162 to €13,951
- Staff costs -€8,757
down €8,757 (-72.4%), from €12,101 to €3,343
- Depreciation +€829
up €829 (+111.2%), from €745 to €1,574
- Financial income -€481
down €481 (-100.0%), from €481 to €0
- Financial charges +€265
up €265 (+80.2%), from €331 to €596
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 | €74,313 | €76,452 | +€2,140 | +2.9% |
| Fixed assets | 21/28 | €1,941 | €7,249 | +€5,309 | +273.5% |
| Tangible fixed assets | 22/27 | €1,941 | €7,249 | +€5,309 | +273.5% |
| Plant, machinery and equipment | 23 | €817 | €338 | -€479 | -58.7% |
| Furniture and vehicles | 24 | €1,124 | €2,412 | +€1,288 | +114.6% |
| Other tangible fixed assets | 26 | - | €4,500 | +€4,500 | |
| Current assets | 29/58 | €72,372 | €69,203 | -€3,169 | -4.4% |
| Stocks and contracts in progress | 3 | €70,570 | €50,098 | -€20,473 | -29.0% |
| Stocks | 30/36 | €70,570 | €50,098 | -€20,473 | -29.0% |
| Amounts receivable within one year | 40/41 | €1,171 | - | -€1,171 | |
| Other amounts receivable | 41 | €1,171 | - | -€1,171 | |
| Cash at bank and in hand | 54/58 | €631 | €19,106 | +€18,475 | +2929.7% |
| Total equity and liabilities | 10/49 | €74,313 | €76,452 | +€2,140 | +2.9% |
| Equity | 10/15 | -€8,539 | -€1,970 | +€6,569 | +76.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €54 | €54 | = | 0.0% |
| Non-distributable reserves | 130/1 | €54 | €54 | = | 0.0% |
| Reserves not available under the articles | 1311 | €54 | €54 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,593 | -€7,024 | +€6,569 | +48.3% |
| Amounts payable | 17/49 | €82,851 | €78,422 | -€4,429 | -5.3% |
| Amounts payable within one year | 42/48 | €82,851 | €78,422 | -€4,429 | -5.3% |
| Current portion of amounts payable after more than one year | 42 | €19,000 | €11,500 | -€7,500 | -39.5% |
| Trade debts | 44 | - | €1,152 | +€1,152 | |
| Suppliers | 440/4 | - | €1,152 | +€1,152 | |
| Taxes, remuneration and social security | 45 | €10,791 | €9,794 | -€997 | -9.2% |
| Taxes | 450/3 | €10,791 | €6,857 | -€3,934 | -36.5% |
| Remuneration and social security | 454/9 | - | €2,937 | +€2,937 | |
| Other amounts payable | 47/48 | €53,060 | €55,976 | +€2,916 | +5.5% |
| Remuneration, social security and pensions | 62 | €12,101 | €3,343 | -€8,757 | -72.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €745 | €1,574 | +€829 | +111.2% |
| Other operating charges | 640/8 | €2,082 | €1,870 | -€212 | -10.2% |
| Gross operating margin | 9900 | €162 | €13,951 | +€13,789 | +8489.7% |
| Operating profit (loss) | 9901 | -€14,765 | €7,164 | +€21,929 | |
| Financial income | 75/76B | €481 | €0 | -€481 | -100.0% |
| Recurring financial income | 75 | €481 | €0 | -€481 | -100.0% |
| Financial charges | 65/66B | €331 | €596 | +€265 | +80.2% |
| Recurring financial charges | 65 | €331 | €596 | +€265 | +80.2% |
| Profit (loss) for the period before taxes | 9903 | -€14,615 | €6,569 | +€21,183 | |
| Profit (loss) for the period | 9904 | -€14,615 | €6,569 | +€21,183 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,615 | €6,569 | +€21,183 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.