Jasko Elegeer: 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.
Jasko Elegeer
Largest movements
- Tangible fixed assets -€32,687
down €32,687 (-23.1%), from €141,316 to €108,629
of which Furniture and vehicles: -€34,616
- Cash +€7,722
up €7,722 (+42.6%), from €18,122 to €25,845
mainly Depreciation (+€46,455) and Trade debts (+€5,112)
- Deferred charges and accrued income +€6,972
up €6,972 (+466%), from €1,497 to €8,469
- Receivables within one year +€5,714
up €5,714 (+21.0%), from €27,170 to €32,884
of which Trade receivables: +€6,985
- Debts after one year -€22,721
down €22,721 (-31.9%), from €71,318 to €48,597
- Trade debts +€5,112
up €5,112 (+37.2%), from €13,752 to €18,864
- Reserves +€4,159
up €4,159 (+10.4%), from €39,995 to €44,154
- Current portion of long-term debt -€2,895
down €2,895 (-11.8%), from €24,568 to €21,673
- Other debts +€2,672
new in 2025: €2,672
- Turnover +€418,964
new in 2025: €418,964
- Purchases and services +€324,447
new in 2025: €324,447
- Depreciation +€6,087
up €6,087 (+15.1%), from €40,368 to €46,455
- Other operating charges -€5,506
down €5,506 (-72.4%), from €7,605 to €2,099
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 | €193,400 | €181,121 | -€12,278 | -6.3% |
| Fixed assets | 21/28 | €141,611 | €108,924 | -€32,687 | -23.1% |
| Tangible fixed assets | 22/27 | €141,316 | €108,629 | -€32,687 | -23.1% |
| Plant, machinery and equipment | 23 | €42,889 | €40,395 | -€2,494 | -5.8% |
| Furniture and vehicles | 24 | €98,427 | €63,811 | -€34,616 | -35.2% |
| Other tangible fixed assets | 26 | - | €4,423 | +€4,423 | |
| Financial fixed assets | 28 | €295 | €295 | = | 0.0% |
| Current assets | 29/58 | €51,789 | €72,198 | +€20,409 | +39.4% |
| Stocks and contracts in progress | 3 | €5,000 | €5,000 | = | 0.0% |
| Stocks | 30/36 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €27,170 | €32,884 | +€5,714 | +21.0% |
| Trade receivables | 40 | €19,968 | €26,954 | +€6,985 | +35.0% |
| Other amounts receivable | 41 | €7,201 | €5,930 | -€1,271 | -17.7% |
| Cash at bank and in hand | 54/58 | €18,122 | €25,845 | +€7,722 | +42.6% |
| Deferred charges and accrued income | 490/1 | €1,497 | €8,469 | +€6,972 | +466% |
| Total equity and liabilities | 10/49 | €193,400 | €181,121 | -€12,278 | -6.3% |
| Equity | 10/15 | €79,159 | €83,317 | +€4,159 | +5.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €39,995 | €44,154 | +€4,159 | +10.4% |
| Distributable reserves | 133 | €39,995 | €44,154 | +€4,159 | +10.4% |
| Profit (loss) carried forward | 14 | €20,613 | €20,613 | = | 0.0% |
| Amounts payable | 17/49 | €114,241 | €97,804 | -€16,437 | -14.4% |
| Amounts payable after more than one year | 17 | €71,318 | €48,597 | -€22,721 | -31.9% |
| Financial debts | 170/4 | €71,318 | €48,597 | -€22,721 | -31.9% |
| Amounts payable within one year | 42/48 | €42,923 | €49,207 | +€6,284 | +14.6% |
| Current portion of amounts payable after more than one year | 42 | €24,568 | €21,673 | -€2,895 | -11.8% |
| Trade debts | 44 | €13,752 | €18,864 | +€5,112 | +37.2% |
| Suppliers | 440/4 | €13,752 | €18,864 | +€5,112 | +37.2% |
| Taxes, remuneration and social security | 45 | €4,603 | €5,998 | +€1,395 | +30.3% |
| Taxes | 450/3 | €2,339 | €874 | -€1,466 | -62.7% |
| Remuneration and social security | 454/9 | €2,264 | €5,124 | +€2,861 | +126% |
| Other amounts payable | 47/48 | - | €2,672 | +€2,672 | |
| Turnover | 70 | - | €418,964 | +€418,964 | |
| Non-recurring operating income | 76A | - | €20,279 | +€20,279 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €324,447 | +€324,447 | |
| Remuneration, social security and pensions | 62 | €51,393 | €54,178 | +€2,785 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,368 | €46,455 | +€6,087 | +15.1% |
| Other operating charges | 640/8 | €7,605 | €2,099 | -€5,506 | -72.4% |
| Gross operating margin | 9900 | €110,965 | €114,796 | +€3,831 | +3.5% |
| Operating profit (loss) | 9901 | €11,599 | €12,065 | +€466 | +4.0% |
| Financial income | 75/76B | €1,798 | €1,305 | -€493 | -27.4% |
| Recurring financial income | 75 | €1,798 | €1,305 | -€493 | -27.4% |
| Financial charges | 65/66B | €4,138 | €6,323 | +€2,184 | +52.8% |
| Recurring financial charges | 65 | €4,138 | €6,323 | +€2,184 | +52.8% |
| Profit (loss) for the period before taxes | 9903 | €9,259 | €7,047 | -€2,212 | -23.9% |
| Income taxes | 67/77 | €2,400 | €2,888 | +€488 | +20.4% |
| Profit (loss) for the period | 9904 | €6,859 | €4,159 | -€2,700 | -39.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,859 | €4,159 | -€2,700 | -39.4% |
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.