JARIS: 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.
JARIS
Largest movements
- Financial fixed assets +€951,717
up €951,717 (+437%), from €217,973 to €1.2m
- Receivables within one year -€696,839
down €696,839 (-99.6%), from €699,564 to €2,725
of which Other amounts receivable: -€699,564
- Cash +€176,340
up €176,340 (+538%), from €32,762 to €209,102
mainly Receivables within one year (+€696,839) and Net result for the year (+€246,522)
- Reserves +€246,522
up €246,522 (+29.0%), from €851,263 to €1.1m
- Other debts +€191,652
new in 2025: €191,652
- Tax, wage and social debts -€19,191
down €19,191 (-21.0%), from €91,497 to €72,306
- Short-term financial debts +€16,807
new in 2025: €16,807
- Gross operating margin +€232,012
up €232,012 (+230%), from €101,086 to €333,098
- Financial income -€41,113
down €41,113 (-100%), from €41,113 to €0
- Taxes +€40,635
up €40,635 (+94.7%), from €42,925 to €83,560
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 | €950,300 | €1,384,776 | +€434,476 | +45.7% |
| Fixed assets | 21/28 | €217,973 | €1,172,948 | +€954,975 | +438% |
| Tangible fixed assets | 22/27 | €0 | €3,259 | +€3,259 | |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | - | €3,259 | +€3,259 | |
| Financial fixed assets | 28 | €217,973 | €1,169,689 | +€951,717 | +437% |
| Current assets | 29/58 | €732,327 | €211,828 | -€520,499 | -71.1% |
| Amounts receivable within one year | 40/41 | €699,564 | €2,725 | -€696,839 | -99.6% |
| Trade receivables | 40 | €0 | €2,725 | +€2,725 | |
| Other amounts receivable | 41 | €699,564 | €0 | -€699,564 | -100% |
| Cash at bank and in hand | 54/58 | €32,762 | €209,102 | +€176,340 | +538% |
| Total equity and liabilities | 10/49 | €950,300 | €1,384,776 | +€434,476 | +45.7% |
| Equity | 10/15 | €857,460 | €1,103,982 | +€246,522 | +28.8% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €851,263 | €1,097,785 | +€246,522 | +29.0% |
| Distributable reserves | 133 | €851,263 | €1,097,785 | +€246,522 | +29.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €92,839 | €280,794 | +€187,955 | +202% |
| Amounts payable within one year | 42/48 | €92,839 | €280,794 | +€187,955 | +202% |
| Financial debts | 43 | - | €16,807 | +€16,807 | |
| Credit institutions | 430/8 | - | €16,807 | +€16,807 | |
| Trade debts | 44 | €1,342 | €29 | -€1,313 | -97.9% |
| Suppliers | 440/4 | €1,342 | €29 | -€1,313 | -97.9% |
| Taxes, remuneration and social security | 45 | €91,497 | €72,306 | -€19,191 | -21.0% |
| Taxes | 450/3 | €91,497 | €72,306 | -€19,191 | -21.0% |
| Other amounts payable | 47/48 | - | €191,652 | +€191,652 | |
| Non-recurring operating income | 76A | €22,656 | €0 | -€22,656 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €357 | +€357 | |
| Other operating charges | 640/8 | €140 | €288 | +€148 | +106% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €101,086 | €333,098 | +€232,012 | +230% |
| Operating profit (loss) | 9901 | €100,946 | €332,453 | +€231,507 | +229% |
| Financial income | 75/76B | €41,113 | €0 | -€41,113 | -100% |
| Recurring financial income | 75 | €41,113 | €0 | -€41,113 | -100% |
| Financial charges | 65/66B | €147 | €2,372 | +€2,225 | +1,515% |
| Recurring financial charges | 65 | €147 | €2,372 | +€2,225 | +1,515% |
| Profit (loss) for the period before taxes | 9903 | €141,912 | €330,081 | +€188,169 | +133% |
| Income taxes | 67/77 | €42,925 | €83,560 | +€40,635 | +94.7% |
| Profit (loss) for the period | 9904 | €98,987 | €246,522 | +€147,534 | +149% |
| Profit (loss) for the period to be appropriated | 9905 | €98,987 | €246,522 | +€147,534 | +149% |
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 22 October 2026 via checked.be.