JASMEET & GH: 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.
JASMEET & GH
Largest movements
- Cash -€9,428
down €9,428 (-19.3%), from €48,877 to €39,449
mainly Trade debts (-€7,304) and Other debts (-€5,973)
- Stocks and contracts +€3,261
up €3,261 (+14.5%), from €22,423 to €25,684
- Tangible fixed assets -€2,546
down €2,546 (-75.5%), from €3,374 to €827
- Trade debts -€7,304
down €7,304 (-49.4%), from €14,779 to €7,474
- Other debts -€5,973
down €5,973 (-73.5%), from €8,127 to €2,154
- Profit (loss) carried forward +€5,580
up €5,580 (+19.1%), from €29,254 to €34,834
- Current portion of long-term debt -€2,522
no longer reported in 2025 (was €2,522)
- Tax, wage and social debts +€1,486
up €1,486 (+875%), from €170 to €1,656
- Turnover -€48,327
down €48,327 (-10.7%), from €451,756 to €403,429
- Purchases and services -€40,576
down €40,576 (-9.4%), from €430,617 to €390,042
- Gross operating margin -€7,751
down €7,751 (-36.7%), from €21,138 to €13,388
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 | €79,762 | €71,028 | -€8,734 | -11.0% |
| Fixed assets | 21/28 | €8,174 | €5,627 | -€2,546 | -31.2% |
| Tangible fixed assets | 22/27 | €3,374 | €827 | -€2,546 | -75.5% |
| Furniture and vehicles | 24 | €3,374 | €827 | -€2,546 | -75.5% |
| Financial fixed assets | 28 | €4,800 | €4,800 | = | 0.0% |
| Current assets | 29/58 | €71,589 | €65,400 | -€6,188 | -8.6% |
| Stocks and contracts in progress | 3 | €22,423 | €25,684 | +€3,261 | +14.5% |
| Stocks | 30/36 | €22,423 | €25,684 | +€3,261 | +14.5% |
| Amounts receivable within one year | 40/41 | €288 | €268 | -€21 | -7.2% |
| Other amounts receivable | 41 | €288 | €268 | -€21 | -7.2% |
| Cash at bank and in hand | 54/58 | €48,877 | €39,449 | -€9,428 | -19.3% |
| Total equity and liabilities | 10/49 | €79,762 | €71,028 | -€8,734 | -11.0% |
| Equity | 10/15 | €49,741 | €55,321 | +€5,580 | +11.2% |
| Contributions | 10/11 | €18,526 | €18,526 | = | 0.0% |
| Capital | 10 | €18,526 | €18,526 | = | 0.0% |
| Issued capital | 100 | €18,526 | €18,526 | = | 0.0% |
| Reserves | 13 | €1,962 | €1,962 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,962 | €1,962 | = | 0.0% |
| Legal reserve | 130 | €1,962 | €1,962 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,254 | €34,834 | +€5,580 | +19.1% |
| Amounts payable | 17/49 | €30,021 | €15,707 | -€14,314 | -47.7% |
| Amounts payable after more than one year | 17 | €4,423 | €4,423 | = | 0.0% |
| Financial debts | 170/4 | €4,423 | €4,423 | = | 0.0% |
| Amounts payable within one year | 42/48 | €25,598 | €11,284 | -€14,314 | -55.9% |
| Current portion of amounts payable after more than one year | 42 | €2,522 | - | -€2,522 | |
| Trade debts | 44 | €14,779 | €7,474 | -€7,304 | -49.4% |
| Suppliers | 440/4 | €14,779 | €7,474 | -€7,304 | -49.4% |
| Taxes, remuneration and social security | 45 | €170 | €1,656 | +€1,486 | +875% |
| Taxes | 450/3 | €170 | €1,656 | +€1,486 | +875% |
| Other amounts payable | 47/48 | €8,127 | €2,154 | -€5,973 | -73.5% |
| Turnover | 70 | €451,756 | €403,429 | -€48,327 | -10.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €430,617 | €390,042 | -€40,576 | -9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,141 | €3,455 | -€3,686 | -51.6% |
| Other operating charges | 640/8 | €4,794 | €3,899 | -€895 | -18.7% |
| Gross operating margin | 9900 | €21,138 | €13,388 | -€7,751 | -36.7% |
| Operating profit (loss) | 9901 | €9,204 | €6,034 | -€3,170 | -34.4% |
| Financial income | 75/76B | €8 | €4 | -€4 | -53.8% |
| Recurring financial income | 75 | €8 | €4 | -€4 | -53.8% |
| Financial charges | 65/66B | €946 | €458 | -€488 | -51.5% |
| Recurring financial charges | 65 | €946 | €458 | -€488 | -51.5% |
| Profit (loss) for the period before taxes | 9903 | €8,266 | €5,580 | -€2,686 | -32.5% |
| Income taxes | 67/77 | €3,152 | - | -€3,152 | |
| Profit (loss) for the period | 9904 | €5,114 | €5,580 | +€466 | +9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,114 | €5,580 | +€466 | +9.1% |
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 20 October 2026 via checked.be.