JASCO: 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.
JASCO
Largest movements
- Cash +€8,125
up €8,125 (+4.7%), from €172,011 to €180,136
mainly Net result for the year (+€27,006) and Receivables within one year (+€6,133)
- Receivables within one year -€6,133
down €6,133 (-16.0%), from €38,273 to €32,139
of which Trade receivables: -€17,335
- Tangible fixed assets -€5,989
down €5,989 (-47.9%), from €12,504 to €6,515
of which Furniture and vehicles: -€4,122
- Profit (loss) carried forward +€27,006
up €27,006 (+20.9%), from €128,966 to €155,972
- Tax, wage and social debts -€13,435
down €13,435 (-54.8%), from €24,502 to €11,067
- Reserves -€10,000
down €10,000 (-6.7%), from €149,860 to €139,860
- Trade debts -€3,551
down €3,551 (-59.8%), from €5,936 to €2,385
- Gross operating margin -€43,033
down €43,033 (-51.2%), from €84,010 to €40,977
- Taxes -€10,940
down €10,940 (-54.6%), from €20,044 to €9,104
- Financial income +€1,711
up €1,711 (+240%), from €714 to €2,424
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 | €315,464 | €315,833 | +€369 | +0.1% |
| Fixed assets | 21/28 | €12,504 | €6,515 | -€5,989 | -47.9% |
| Tangible fixed assets | 22/27 | €12,504 | €6,515 | -€5,989 | -47.9% |
| Plant, machinery and equipment | 23 | €3,781 | €1,915 | -€1,867 | -49.4% |
| Furniture and vehicles | 24 | €8,723 | €4,601 | -€4,122 | -47.3% |
| Current assets | 29/58 | €302,959 | €309,318 | +€6,358 | +2.1% |
| Stocks and contracts in progress | 3 | €37,198 | €40,351 | +€3,152 | +8.5% |
| Stocks | 30/36 | €37,198 | €40,351 | +€3,152 | +8.5% |
| Amounts receivable within one year | 40/41 | €38,273 | €32,139 | -€6,133 | -16.0% |
| Trade receivables | 40 | €22,438 | €5,103 | -€17,335 | -77.3% |
| Other amounts receivable | 41 | €15,835 | €27,036 | +€11,201 | +70.7% |
| Current investments | 50/53 | €52,638 | €55,638 | +€3,000 | +5.7% |
| Cash at bank and in hand | 54/58 | €172,011 | €180,136 | +€8,125 | +4.7% |
| Deferred charges and accrued income | 490/1 | €2,839 | €1,054 | -€1,785 | -62.9% |
| Total equity and liabilities | 10/49 | €315,464 | €315,833 | +€369 | +0.1% |
| Equity | 10/15 | €285,026 | €302,032 | +€17,006 | +6.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €149,860 | €139,860 | -€10,000 | -6.7% |
| Distributable reserves | 133 | €149,860 | €139,860 | -€10,000 | -6.7% |
| Profit (loss) carried forward | 14 | €128,966 | €155,972 | +€27,006 | +20.9% |
| Amounts payable | 17/49 | €30,437 | €13,801 | -€16,637 | -54.7% |
| Amounts payable within one year | 42/48 | €30,437 | €13,801 | -€16,637 | -54.7% |
| Trade debts | 44 | €5,936 | €2,385 | -€3,551 | -59.8% |
| Suppliers | 440/4 | €5,936 | €2,385 | -€3,551 | -59.8% |
| Taxes, remuneration and social security | 45 | €24,502 | €11,067 | -€13,435 | -54.8% |
| Taxes | 450/3 | €24,502 | €11,067 | -€13,435 | -54.8% |
| Other amounts payable | 47/48 | €0 | €349 | +€349 | |
| Remuneration, social security and pensions | 62 | €0 | €460 | +€460 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,441 | €5,989 | +€548 | +10.1% |
| Other operating charges | 640/8 | €1,049 | €585 | -€463 | -44.2% |
| Gross operating margin | 9900 | €84,010 | €40,977 | -€43,033 | -51.2% |
| Operating profit (loss) | 9901 | €77,520 | €33,942 | -€43,578 | -56.2% |
| Financial income | 75/76B | €714 | €2,424 | +€1,711 | +240% |
| Recurring financial income | 75 | €714 | €2,424 | +€1,711 | +240% |
| Financial charges | 65/66B | €96 | €256 | +€161 | +168% |
| Recurring financial charges | 65 | €96 | €256 | +€161 | +168% |
| Profit (loss) for the period before taxes | 9903 | €78,139 | €36,110 | -€42,029 | -53.8% |
| Income taxes | 67/77 | €20,044 | €9,104 | -€10,940 | -54.6% |
| Profit (loss) for the period | 9904 | €58,094 | €27,006 | -€31,089 | -53.5% |
| Profit (loss) for the period to be appropriated | 9905 | €58,094 | €27,006 | -€31,089 | -53.5% |
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 13 October 2026 via checked.be.