JAKA: 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.
JAKA
Largest movements
- Current investments -€60,225
no longer reported in 2025 (was €60,225)
- Cash +€48,061
up €48,061 (+309.2%), from €15,544 to €63,605
mainly Current investments (+€60,225) and Other debts (+€31,476)
- Receivables within one year -€3,921
down €3,921 (-18.4%), from €21,297 to €17,376
of which Trade receivables: -€2,023
- Other debts +€31,476
up €31,476 (+20038.1%), from €157 to €31,633
- Reserves -€27,900
down €27,900 (-55.4%), from €50,359 to €22,459
- Profit (loss) carried forward -€18,238
down €18,238 (-98.2%), from €18,572 to €334
- Tax, wage and social debts -€1,476
down €1,476 (-17.0%), from €8,697 to €7,221
of which Taxes: -€2,476
- Gross operating margin -€5,404
down €5,404 (-40.5%), from €13,331 to €7,927
- Taxes -€1,548
down €1,548 (-34.7%), from €4,457 to €2,909
- Depreciation -€690
down €690 (-71.1%), from €970 to €281
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 | €98,242 | €81,903 | -€16,339 | -16.6% |
| Fixed assets | 21/28 | €281 | - | -€281 | |
| Tangible fixed assets | 22/27 | €281 | - | -€281 | |
| Furniture and vehicles | 24 | €281 | - | -€281 | |
| Current assets | 29/58 | €97,961 | €81,903 | -€16,058 | -16.4% |
| Amounts receivable within one year | 40/41 | €21,297 | €17,376 | -€3,921 | -18.4% |
| Trade receivables | 40 | €19,239 | €17,216 | -€2,023 | -10.5% |
| Other amounts receivable | 41 | €2,058 | €159 | -€1,898 | -92.2% |
| Current investments | 50/53 | €60,225 | - | -€60,225 | |
| Cash at bank and in hand | 54/58 | €15,544 | €63,605 | +€48,061 | +309.2% |
| Deferred charges and accrued income | 490/1 | €895 | €922 | +€27 | +3.1% |
| Total equity and liabilities | 10/49 | €98,242 | €81,903 | -€16,339 | -16.6% |
| Equity | 10/15 | €87,523 | €41,385 | -€46,138 | -52.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €50,359 | €22,459 | -€27,900 | -55.4% |
| Distributable reserves | 133 | €50,359 | €22,459 | -€27,900 | -55.4% |
| Profit (loss) carried forward | 14 | €18,572 | €334 | -€18,238 | -98.2% |
| Amounts payable | 17/49 | €10,719 | €40,518 | +€29,799 | +278.0% |
| Amounts payable within one year | 42/48 | €10,686 | €40,416 | +€29,731 | +278.2% |
| Trade debts | 44 | €1,831 | €1,562 | -€269 | -14.7% |
| Suppliers | 440/4 | €1,831 | €1,562 | -€269 | -14.7% |
| Taxes, remuneration and social security | 45 | €8,697 | €7,221 | -€1,476 | -17.0% |
| Taxes | 450/3 | €8,697 | €6,221 | -€2,476 | -28.5% |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Other amounts payable | 47/48 | €157 | €31,633 | +€31,476 | +20038.1% |
| Accrued charges and deferred income | 492/3 | €34 | €102 | +€68 | +202.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €970 | €281 | -€690 | -71.1% |
| Other operating charges | 640/8 | €426 | €445 | +€19 | +4.4% |
| Gross operating margin | 9900 | €13,331 | €7,927 | -€5,404 | -40.5% |
| Operating profit (loss) | 9901 | €11,935 | €7,202 | -€4,733 | -39.7% |
| Financial income | 75/76B | €409 | €362 | -€47 | -11.4% |
| Recurring financial income | 75 | €409 | €362 | -€47 | -11.4% |
| Financial charges | 65/66B | €89 | €42 | -€46 | -52.4% |
| Recurring financial charges | 65 | €89 | €42 | -€46 | -52.4% |
| Profit (loss) for the period before taxes | 9903 | €12,255 | €7,522 | -€4,733 | -38.6% |
| Income taxes | 67/77 | €4,457 | €2,909 | -€1,548 | -34.7% |
| Profit (loss) for the period | 9904 | €7,798 | €4,612 | -€3,186 | -40.9% |
| Profit (loss) for the period to be appropriated | 9905 | €7,798 | €4,612 | -€3,186 | -40.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.