JARE: 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.
JARE
Largest movements
- Cash +€34,471
up €34,471 (+49.0%), from €70,398 to €104,869
mainly Net result for the year (+€44,040) and Tax, wage and social debts (+€6,773)
- Deferred charges and accrued income +€10,616
up €10,616 (+2,089%), from €508 to €11,125
- Reserves +€44,040
up €44,040 (+86.8%), from €50,724 to €94,764
- Tax, wage and social debts +€6,773
up €6,773 (+46.3%), from €14,625 to €21,398
- Trade debts -€6,033
down €6,033 (-84.6%), from €7,135 to €1,102
- Gross operating margin -€6,660
down €6,660 (-10.2%), from €65,236 to €58,576
- Taxes -€861
down €861 (-6.2%), from €13,837 to €12,976
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 | €72,585 | €117,365 | +€44,779 | +61.7% |
| Fixed assets | 21/28 | €1,453 | €1,258 | -€194 | -13.4% |
| Tangible fixed assets | 22/27 | €1,453 | €1,258 | -€194 | -13.4% |
| Furniture and vehicles | 24 | €1,453 | €1,258 | -€194 | -13.4% |
| Current assets | 29/58 | €71,132 | €116,106 | +€44,974 | +63.2% |
| Amounts receivable within one year | 40/41 | €226 | €113 | -€113 | -50.1% |
| Other amounts receivable | 41 | €226 | €113 | -€113 | -50.1% |
| Cash at bank and in hand | 54/58 | €70,398 | €104,869 | +€34,471 | +49.0% |
| Deferred charges and accrued income | 490/1 | €508 | €11,125 | +€10,616 | +2,089% |
| Total equity and liabilities | 10/49 | €72,585 | €117,365 | +€44,779 | +61.7% |
| Equity | 10/15 | €50,824 | €94,864 | +€44,040 | +86.7% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €50,724 | €94,764 | +€44,040 | +86.8% |
| Distributable reserves | 133 | €50,724 | €94,764 | +€44,040 | +86.8% |
| Amounts payable | 17/49 | €21,761 | €22,500 | +€740 | +3.4% |
| Amounts payable within one year | 42/48 | €21,761 | €22,500 | +€740 | +3.4% |
| Trade debts | 44 | €7,135 | €1,102 | -€6,033 | -84.6% |
| Suppliers | 440/4 | €7,135 | €1,102 | -€6,033 | -84.6% |
| Taxes, remuneration and social security | 45 | €14,625 | €21,398 | +€6,773 | +46.3% |
| Taxes | 450/3 | €14,625 | €21,398 | +€6,773 | +46.3% |
| Remuneration, social security and pensions | 62 | - | €464 | +€464 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €297 | €194 | -€103 | -34.6% |
| Other operating charges | 640/8 | €340 | €273 | -€67 | -19.6% |
| Gross operating margin | 9900 | €65,236 | €58,576 | -€6,660 | -10.2% |
| Operating profit (loss) | 9901 | €64,598 | €57,644 | -€6,954 | -10.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €37 | €628 | +€591 | +1,617% |
| Recurring financial charges | 65 | €37 | €628 | +€591 | +1,617% |
| Profit (loss) for the period before taxes | 9903 | €64,562 | €57,016 | -€7,546 | -11.7% |
| Income taxes | 67/77 | €13,837 | €12,976 | -€861 | -6.2% |
| Profit (loss) for the period | 9904 | €50,724 | €44,040 | -€6,685 | -13.2% |
| Profit (loss) for the period to be appropriated | 9905 | €50,724 | €44,040 | -€6,685 | -13.2% |
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 28 October 2026 via checked.be.