JASA: 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.
JASA
Largest movements
- Cash +€75,182
up €75,182 (+30.4%), from €247,366 to €322,548
mainly Depreciation (+€33,569) and Stocks and contracts (+€16,869)
- Tangible fixed assets -€30,376
down €30,376 (-14.9%), from €203,848 to €173,472
of which Furniture and vehicles: -€15,509
- Stocks and contracts -€16,869
down €16,869 (-16.8%), from €100,381 to €83,513
- Receivables within one year -€16,624
down €16,624 (-26.2%), from €63,484 to €46,859
of which Trade receivables: -€16,275
- Tax, wage and social debts +€15,893
up €15,893 (+82.3%), from €19,309 to €35,201
of which Taxes: +€10,546
- Trade debts -€9,495
down €9,495 (-15.2%), from €62,279 to €52,784
- Gross operating margin +€22,437
up €22,437 (+33.1%), from €67,852 to €90,289
- Staff costs +€12,588
up €12,588 (+36.7%), from €34,335 to €46,923
- Financial income +€7,427
up €7,427 (+268.2%), from €2,769 to €10,196
- Depreciation +€4,193
up €4,193 (+14.3%), from €29,376 to €33,569
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 | €615,079 | €626,392 | +€11,314 | +1.8% |
| Fixed assets | 21/28 | €203,848 | €173,472 | -€30,376 | -14.9% |
| Tangible fixed assets | 22/27 | €203,848 | €173,472 | -€30,376 | -14.9% |
| Land and buildings | 22 | €136,025 | €123,414 | -€12,611 | -9.3% |
| Plant, machinery and equipment | 23 | €8,315 | €6,059 | -€2,256 | -27.1% |
| Furniture and vehicles | 24 | €59,508 | €43,999 | -€15,509 | -26.1% |
| Current assets | 29/58 | €411,231 | €452,920 | +€41,689 | +10.1% |
| Stocks and contracts in progress | 3 | €100,381 | €83,513 | -€16,869 | -16.8% |
| Stocks | 30/36 | €100,381 | €83,513 | -€16,869 | -16.8% |
| Amounts receivable within one year | 40/41 | €63,484 | €46,859 | -€16,624 | -26.2% |
| Trade receivables | 40 | €62,779 | €46,504 | -€16,275 | -25.9% |
| Other amounts receivable | 41 | €705 | €355 | -€349 | -49.6% |
| Cash at bank and in hand | 54/58 | €247,366 | €322,548 | +€75,182 | +30.4% |
| Total equity and liabilities | 10/49 | €615,079 | €626,392 | +€11,314 | +1.8% |
| Equity | 10/15 | €466,692 | €470,324 | +€3,632 | +0.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Outside capital | 11 | €18,592 | - | -€18,592 | |
| Share premium | 1100/10 | €18,592 | - | -€18,592 | |
| Reserves | 13 | €448,100 | €451,732 | +€3,632 | +0.8% |
| Tax-exempt reserves | 132 | €37,500 | €37,500 | = | 0.0% |
| Distributable reserves | 133 | €410,600 | €414,232 | +€3,632 | +0.9% |
| Amounts payable | 17/49 | €148,386 | €156,068 | +€7,682 | +5.2% |
| Amounts payable within one year | 42/48 | €148,386 | €156,068 | +€7,682 | +5.2% |
| Trade debts | 44 | €62,279 | €52,784 | -€9,495 | -15.2% |
| Suppliers | 440/4 | €62,279 | €52,784 | -€9,495 | -15.2% |
| Taxes, remuneration and social security | 45 | €19,309 | €35,201 | +€15,893 | +82.3% |
| Taxes | 450/3 | €19,309 | €29,855 | +€10,546 | +54.6% |
| Remuneration and social security | 454/9 | - | €5,346 | +€5,346 | |
| Other amounts payable | 47/48 | €66,799 | €68,083 | +€1,284 | +1.9% |
| Remuneration, social security and pensions | 62 | €34,335 | €46,923 | +€12,588 | +36.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,376 | €33,569 | +€4,193 | +14.3% |
| Other operating charges | 640/8 | €5,988 | €5,629 | -€358 | -6.0% |
| Gross operating margin | 9900 | €67,852 | €90,289 | +€22,437 | +33.1% |
| Operating profit (loss) | 9901 | -€1,846 | €4,167 | +€6,013 | |
| Financial income | 75/76B | €2,769 | €10,196 | +€7,427 | +268.2% |
| Recurring financial income | 75 | €2,769 | €10,196 | +€7,427 | +268.2% |
| Financial charges | 65/66B | €10,081 | €9,679 | -€402 | -4.0% |
| Recurring financial charges | 65 | €10,081 | €9,679 | -€402 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | -€9,158 | €4,685 | +€13,843 | |
| Income taxes | 67/77 | €448 | €1,053 | +€605 | +135.2% |
| Profit (loss) for the period | 9904 | -€9,606 | €3,632 | +€13,237 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,606 | €3,632 | +€13,237 |
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.