JARINVEST: what changed
JARINVEST
Largest movements
- Receivables within one year -€10,818
down €10,818 (-2.8%), from €381,935 to €371,117
of which Trade receivables: -€11,086
- Trade debts -€31,487
no longer reported in 2025 (was €31,487)
- Reserves +€16,539
up €16,539 (+5.4%), from €307,304 to €323,843
of which Distributable reserves: +€18,914
- Write-downs +€395,000
no longer reported in 2025 (was -€395,000)
- Financial charges -€374,999
down €374,999 (-100.0%), from €375,039 to €40
of which Non-recurring financial charges: -€375,000
- Gross operating margin -€19,564
down €19,564 (-74.8%), from €26,141 to €6,576
- Taxes -€11,097
down €11,097 (-63.5%), from €17,474 to €6,378
- Other operating charges -€6,000
down €6,000 (-99.7%), from €6,020 to €20
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €385,457 | €371,512 | -€13,945 | -3.6% |
| Current assets | 29/58 | €385,457 | €371,512 | -€13,945 | -3.6% |
| Amounts receivable within one year | 40/41 | €381,935 | €371,117 | -€10,818 | -2.8% |
| Trade receivables | 40 | €21,976 | €10,890 | -€11,086 | -50.4% |
| Other amounts receivable | 41 | €359,959 | €360,227 | +€268 | +0.1% |
| Cash at bank and in hand | 54/58 | €3,522 | €390 | -€3,132 | -88.9% |
| Deferred charges and accrued income | 490/1 | - | €5 | +€5 | |
| Total equity and liabilities | 10/49 | €385,457 | €371,512 | -€13,945 | -3.6% |
| Equity | 10/15 | €331,054 | €347,593 | +€16,539 | +5.0% |
| Contributions | 10/11 | €23,750 | €23,750 | = | 0.0% |
| Reserves | 13 | €307,304 | €323,843 | +€16,539 | +5.4% |
| Non-distributable reserves | 130/1 | €2,375 | - | -€2,375 | |
| Reserves not available under the articles | 1311 | €2,375 | - | -€2,375 | |
| Distributable reserves | 133 | €304,929 | €323,843 | +€18,914 | +6.2% |
| Amounts payable | 17/49 | €54,403 | €23,919 | -€30,484 | -56.0% |
| Amounts payable within one year | 42/48 | €53,111 | €23,919 | -€29,192 | -55.0% |
| Trade debts | 44 | €31,487 | - | -€31,487 | |
| Suppliers | 440/4 | €31,487 | - | -€31,487 | |
| Taxes, remuneration and social security | 45 | €21,624 | €23,919 | +€2,295 | +10.6% |
| Taxes | 450/3 | €21,624 | €23,919 | +€2,295 | +10.6% |
| Accrued charges and deferred income | 492/3 | €1,293 | - | -€1,293 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€395,000 | - | +€395,000 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €6,020 | €20 | -€6,000 | -99.7% |
| Gross operating margin | 9900 | €26,141 | €6,576 | -€19,564 | -74.8% |
| Operating profit (loss) | 9901 | €415,121 | €6,556 | -€408,564 | -98.4% |
| Financial income | 75/76B | €17,396 | €16,400 | -€996 | -5.7% |
| Recurring financial income | 75 | €17,396 | €16,400 | -€996 | -5.7% |
| Financial charges | 65/66B | €375,039 | €40 | -€374,999 | -100.0% |
| Recurring financial charges | 65 | €39 | €40 | +€1 | +3.5% |
| Non-recurring financial charges | 66B | €375,000 | - | -€375,000 | |
| Profit (loss) for the period before taxes | 9903 | €57,478 | €22,916 | -€34,561 | -60.1% |
| Income taxes | 67/77 | €17,474 | €6,378 | -€11,097 | -63.5% |
| Profit (loss) for the period | 9904 | €40,003 | €16,539 | -€23,465 | -58.7% |
| Profit (loss) for the period to be appropriated | 9905 | €40,003 | €16,539 | -€23,465 | -58.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.