JASACO: 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.
What changed
JASACO
NACE 46.499, Wholesale of other household goods
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€66,559
2024 · €516,453-€449,894
Equity
€4.0m
2024 · €3.9m+€66,559
Cash
€513,574
2024 · €147,194+€366,380
Balance sheet total
€6.4m
2024 · €6.7m-€384,520
Largest movements
Assets
- Stocks and contracts -€647,485
down €647,485 (-11.0%), from €5.9m to €5.2m
- Cash +€366,380
up €366,380 (+248.9%), from €147,194 to €513,574
mainly Stocks and contracts (+€647,485) and Deferred charges and accrued income (+€125,540)
- Deferred charges and accrued income -€125,540
down €125,540 (-99.7%), from €125,960 to €420
- Receivables within one year -€74,610
down €74,610 (-20.2%), from €368,606 to €293,996
of which Trade receivables: -€132,827
Equity and liabilities
- Trade debts -€312,914
down €312,914 (-57.3%), from €545,956 to €233,042
- Short-term financial debts -€100,000
down €100,000 (-12.5%), from €800,000 to €700,000
Income statement
- Gross operating margin -€692,090
down €692,090 (-34.9%), from €2.0m to €1.3m
- Taxes -€154,740
down €154,740 (-82.1%), from €188,375 to €33,635
- Staff costs -€132,460
down €132,460 (-11.6%), from €1.1m to €1.0m
- Financial income -€41,715
down €41,715 (-35.9%), from €116,345 to €74,630
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.
Result 2024
€516,453
Gross operating margin
-€692,090
Staff costs
+€132,460
Depreciation
+€1,398
Write-downs
+€2,474
Other operating charges
-€1,028
Other operating items
-€16,611
Financial income
-€41,715
Financial charges
+€10,478
Taxes
+€154,740
Result 2025
€66,559
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.
From operations
+€679,971
Investment
-€203,355
Financing
-€110,235
Cash 2024
€147,194
From operations (derived)
+€679,971
Net result for the year
+€66,559
Depreciation
+€106,621
Stocks and contracts
+€647,485
Receivables within one year
+€74,610
Deferred charges and accrued income
+€125,540
Trade debts
-€312,914
Tax, wage and social debts
+€14,866
Accrued charges and deferred income
-€42,796
Investment (derived)
-€203,355
Investment in fixed assets (net)
-€203,355
Financing
-€110,235
Debts after one year
-€23,645
Current portion of long-term debt
+€13,410
Short-term financial debts
-€100,000
Cash 2025
€513,574
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,740,297 | €6,355,776 | -€384,520 | -5.7% |
| Fixed assets | 21/28 | €224,885 | €321,620 | +€96,735 | +43.0% |
| Tangible fixed assets | 22/27 | €221,285 | €277,219 | +€55,934 | +25.3% |
| Plant, machinery and equipment | 23 | €49,715 | €37,914 | -€11,801 | -23.7% |
| Furniture and vehicles | 24 | €79,122 | €101,150 | +€22,028 | +27.8% |
| Leasing and similar rights | 25 | €90,647 | €137,554 | +€46,907 | +51.7% |
| Other tangible fixed assets | 26 | €1,802 | €601 | -€1,201 | -66.7% |
| Financial fixed assets | 28 | €3,600 | €44,401 | +€40,801 | +1133.4% |
| Current assets | 29/58 | €6,515,411 | €6,034,156 | -€481,255 | -7.4% |
| Stocks and contracts in progress | 3 | €5,873,651 | €5,226,166 | -€647,485 | -11.0% |
| Stocks | 30/36 | €5,873,651 | €5,226,166 | -€647,485 | -11.0% |
| Amounts receivable within one year | 40/41 | €368,606 | €293,996 | -€74,610 | -20.2% |
| Trade receivables | 40 | €350,925 | €218,099 | -€132,827 | -37.9% |
| Other amounts receivable | 41 | €17,681 | €75,898 | +€58,217 | +329.3% |
| Cash at bank and in hand | 54/58 | €147,194 | €513,574 | +€366,380 | +248.9% |
| Deferred charges and accrued income | 490/1 | €125,960 | €420 | -€125,540 | -99.7% |
| Total equity and liabilities | 10/49 | €6,740,297 | €6,355,776 | -€384,520 | -5.7% |
| Equity | 10/15 | €3,910,054 | €3,976,613 | +€66,559 | +1.7% |
| Contributions | 10/11 | €1,784,833 | €1,784,833 | = | 0.0% |
| Capital | 10 | €1,784,833 | €1,784,833 | = | 0.0% |
| Issued capital | 100 | €1,784,833 | €1,784,833 | = | 0.0% |
| Reserves | 13 | €2,125,220 | €2,191,780 | +€66,559 | +3.1% |
| Non-distributable reserves | 130/1 | €156,042 | €159,370 | +€3,328 | +2.1% |
| Legal reserve | 130 | €156,042 | €159,370 | +€3,328 | +2.1% |
| Distributable reserves | 133 | €1,969,179 | €2,032,410 | +€63,231 | +3.2% |
| Amounts payable | 17/49 | €2,830,243 | €2,379,164 | -€451,079 | -15.9% |
| Amounts payable after more than one year | 17 | €1,092,993 | €1,069,348 | -€23,645 | -2.2% |
| Financial debts | 170/4 | €29,948 | €43,167 | +€13,219 | +44.1% |
| Other amounts payable | 178/9 | €1,063,045 | €1,026,181 | -€36,864 | -3.5% |
| Amounts payable within one year | 42/48 | €1,641,689 | €1,257,051 | -€384,639 | -23.4% |
| Current portion of amounts payable after more than one year | 42 | €41,328 | €54,737 | +€13,410 | +32.4% |
| Financial debts | 43 | €800,000 | €700,000 | -€100,000 | -12.5% |
| Credit institutions | 430/8 | €800,000 | €700,000 | -€100,000 | -12.5% |
| Trade debts | 44 | €545,956 | €233,042 | -€312,914 | -57.3% |
| Suppliers | 440/4 | €545,956 | €233,042 | -€312,914 | -57.3% |
| Taxes, remuneration and social security | 45 | €254,405 | €269,271 | +€14,866 | +5.8% |
| Taxes | 450/3 | €112,732 | €116,625 | +€3,893 | +3.5% |
| Remuneration and social security | 454/9 | €141,674 | €152,646 | +€10,973 | +7.7% |
| Accrued charges and deferred income | 492/3 | €95,561 | €52,765 | -€42,796 | -44.8% |
| Non-recurring operating income | 76A | €6,075 | €1,046 | -€5,029 | -82.8% |
| Remuneration, social security and pensions | 62 | €1,139,127 | €1,006,667 | -€132,460 | -11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108,018 | €106,621 | -€1,398 | -1.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€60,340 | -€62,815 | -€2,474 | -4.1% |
| Other operating charges | 640/8 | €75,452 | €76,479 | +€1,028 | +1.4% |
| Non-recurring operating charges | 66A | €496 | €17,107 | +€16,611 | +3351.2% |
| Gross operating margin | 9900 | €1,984,407 | €1,292,317 | -€692,090 | -34.9% |
| Operating profit (loss) | 9901 | €721,655 | €148,258 | -€573,397 | -79.5% |
| Financial income | 75/76B | €116,345 | €74,630 | -€41,715 | -35.9% |
| Recurring financial income | 75 | €116,345 | €74,630 | -€41,715 | -35.9% |
| Financial charges | 65/66B | €133,171 | €122,693 | -€10,478 | -7.9% |
| Recurring financial charges | 65 | €133,171 | €122,693 | -€10,478 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €704,828 | €100,194 | -€604,634 | -85.8% |
| Income taxes | 67/77 | €188,375 | €33,635 | -€154,740 | -82.1% |
| Profit (loss) for the period | 9904 | €516,453 | €66,559 | -€449,894 | -87.1% |
| Profit (loss) for the period to be appropriated | 9905 | €516,453 | €66,559 | -€449,894 | -87.1% |
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 11 October 2026 via checked.be.