JARO-LAS: 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.
JARO-LAS
Largest movements
- Tangible fixed assets -€16,438
down €16,438 (-31.5%), from €52,177 to €35,739
of which Furniture and vehicles: -€16,946
- Receivables within one year +€14,430
up €14,430 (+24.3%), from €59,454 to €73,883
of which Trade receivables: +€14,516
- Cash -€11,799
down €11,799 (-32.6%), from €36,210 to €24,411
mainly Other debts (-€19,460) and Debts after one year (-€18,153)
- Deferred charges and accrued income -€2,866
down €2,866 (-43.9%), from €6,525 to €3,659
- Other debts -€19,460
down €19,460 (-71.8%), from €27,091 to €7,631
- Debts after one year -€18,153
down €18,153 (-57.1%), from €31,767 to €13,614
- Reserves +€15,000
up €15,000 (+58.0%), from €25,860 to €40,860
of which Distributable reserves: +€15,000
- Trade debts +€3,753
up €3,753 (+10.6%), from €35,463 to €39,217
- Tax, wage and social debts +€2,150
up €2,150 (+38.7%), from €5,550 to €7,700
of which Taxes: +€2,150
- Gross operating margin +€5,185
up €5,185 (+10.7%), from €48,411 to €53,595
- Taxes +€3,358
up €3,358 (+40.5%), from €8,291 to €11,649
- Financial charges -€595
down €595 (-13.3%), from €4,476 to €3,881
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 | €158,843 | €142,170 | -€16,673 | -10.5% |
| Fixed assets | 21/28 | €56,655 | €40,217 | -€16,438 | -29.0% |
| Tangible fixed assets | 22/27 | €52,177 | €35,739 | -€16,438 | -31.5% |
| Plant, machinery and equipment | 23 | €6,562 | €7,069 | +€508 | +7.7% |
| Furniture and vehicles | 24 | €45,615 | €28,669 | -€16,946 | -37.1% |
| Financial fixed assets | 28 | €4,478 | €4,478 | = | 0.0% |
| Current assets | 29/58 | €102,189 | €101,953 | -€235 | -0.2% |
| Amounts receivable within one year | 40/41 | €59,454 | €73,883 | +€14,430 | +24.3% |
| Trade receivables | 40 | €58,810 | €73,326 | +€14,516 | +24.7% |
| Other amounts receivable | 41 | €644 | €557 | -€86 | -13.4% |
| Cash at bank and in hand | 54/58 | €36,210 | €24,411 | -€11,799 | -32.6% |
| Deferred charges and accrued income | 490/1 | €6,525 | €3,659 | -€2,866 | -43.9% |
| Total equity and liabilities | 10/49 | €158,843 | €142,170 | -€16,673 | -10.5% |
| Equity | 10/15 | €38,745 | €53,789 | +€15,044 | +38.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €25,860 | €40,860 | +€15,000 | +58.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €24,000 | €39,000 | +€15,000 | +62.5% |
| Profit (loss) carried forward | 14 | €485 | €529 | +€44 | +9.1% |
| Amounts payable | 17/49 | €120,098 | €88,381 | -€31,718 | -26.4% |
| Amounts payable after more than one year | 17 | €31,767 | €13,614 | -€18,153 | -57.1% |
| Financial debts | 170/4 | €31,767 | €13,614 | -€18,153 | -57.1% |
| Amounts payable within one year | 42/48 | €88,331 | €74,766 | -€13,565 | -15.4% |
| Current portion of amounts payable after more than one year | 42 | €18,153 | €18,153 | = | 0.0% |
| Financial debts | 43 | €2,075 | €2,066 | -€9 | -0.4% |
| Other loans | 439 | €2,075 | €2,066 | -€9 | -0.4% |
| Trade debts | 44 | €35,463 | €39,217 | +€3,753 | +10.6% |
| Suppliers | 440/4 | €35,463 | €39,217 | +€3,753 | +10.6% |
| Taxes, remuneration and social security | 45 | €5,550 | €7,700 | +€2,150 | +38.7% |
| Taxes | 450/3 | €3,550 | €5,700 | +€2,150 | +60.6% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €27,091 | €7,631 | -€19,460 | -71.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,933 | €21,274 | +€341 | +1.6% |
| Other operating charges | 640/8 | €682 | €922 | +€240 | +35.3% |
| Gross operating margin | 9900 | €48,411 | €53,595 | +€5,185 | +10.7% |
| Operating profit (loss) | 9901 | €26,796 | €31,399 | +€4,604 | +17.2% |
| Financial income | 75/76B | €5 | €7 | +€3 | +55.1% |
| Recurring financial income | 75 | €5 | €7 | +€3 | +55.1% |
| Financial charges | 65/66B | €4,476 | €3,881 | -€595 | -13.3% |
| Recurring financial charges | 65 | €4,476 | €3,881 | -€595 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €22,324 | €27,526 | +€5,202 | +23.3% |
| Income taxes | 67/77 | €8,291 | €11,649 | +€3,358 | +40.5% |
| Profit (loss) for the period | 9904 | €14,033 | €15,877 | +€1,844 | +13.1% |
| Profit (loss) for the period to be appropriated | 9905 | €14,033 | €15,877 | +€1,844 | +13.1% |
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 27 October 2026 via checked.be.