JASMIJN: 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.
JASMIJN
Largest movements
- Tangible fixed assets -€23,279
down €23,279 (-5.2%), from €449,564 to €426,284
- Cash -€5,760
down €5,760 (-21.9%), from €26,344 to €20,584
mainly Contributions, distributions and other (-€63,691) and Debts after one year (-€25,875)
- Debts after one year -€25,875
down €25,875 (-8.9%), from €289,189 to €263,314
- Reserves -€25,158
down €25,158 (-19.7%), from €127,896 to €102,738
of which Distributable reserves: -€25,158
- Other debts +€13,447
up €13,447 (+134.5%), from €10,000 to €23,447
- Gross operating margin +€9,407
up €9,407 (+10.0%), from €94,471 to €103,878
- Staff costs +€5,051
new in 2025: €5,051
- Financial charges -€1,809
down €1,809 (-15.3%), from €11,788 to €9,979
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 | €537,332 | €499,886 | -€37,447 | -7.0% |
| Fixed assets | 21/28 | €449,564 | €426,284 | -€23,279 | -5.2% |
| Tangible fixed assets | 22/27 | €449,564 | €426,284 | -€23,279 | -5.2% |
| Land and buildings | 22 | €412,438 | €400,971 | -€11,467 | -2.8% |
| Furniture and vehicles | 24 | €4,346 | €3,464 | -€882 | -20.3% |
| Leasing and similar rights | 25 | €32,185 | €21,453 | -€10,732 | -33.3% |
| Other tangible fixed assets | 26 | €595 | €397 | -€199 | -33.4% |
| Current assets | 29/58 | €87,769 | €73,602 | -€14,167 | -16.1% |
| Amounts receivable within one year | 40/41 | €45,457 | €41,122 | -€4,335 | -9.5% |
| Trade receivables | 40 | €27,708 | €37,152 | +€9,444 | +34.1% |
| Other amounts receivable | 41 | €17,749 | €3,970 | -€13,779 | -77.6% |
| Cash at bank and in hand | 54/58 | €26,344 | €20,584 | -€5,760 | -21.9% |
| Deferred charges and accrued income | 490/1 | €15,968 | €11,895 | -€4,072 | -25.5% |
| Total equity and liabilities | 10/49 | €537,332 | €499,886 | -€37,447 | -7.0% |
| Equity | 10/15 | €148,356 | €123,198 | -€25,158 | -17.0% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €127,896 | €102,738 | -€25,158 | -19.7% |
| Tax-exempt reserves | 132 | €4,012 | €4,012 | = | 0.0% |
| Distributable reserves | 133 | €123,883 | €98,726 | -€25,158 | -20.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €388,977 | €376,688 | -€12,289 | -3.2% |
| Amounts payable after more than one year | 17 | €289,189 | €263,314 | -€25,875 | -8.9% |
| Financial debts | 170/4 | €289,189 | €263,314 | -€25,875 | -8.9% |
| Amounts payable within one year | 42/48 | €99,788 | €113,373 | +€13,585 | +13.6% |
| Current portion of amounts payable after more than one year | 42 | €23,246 | €25,110 | +€1,864 | +8.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €20,787 | €19,323 | -€1,464 | -7.0% |
| Suppliers | 440/4 | €20,787 | €19,323 | -€1,464 | -7.0% |
| Advances received on contracts in progress | 46 | €38,000 | €38,000 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €7,755 | €7,494 | -€261 | -3.4% |
| Taxes | 450/3 | €5,033 | €4,753 | -€279 | -5.6% |
| Remuneration and social security | 454/9 | €2,722 | €2,740 | +€18 | +0.7% |
| Other amounts payable | 47/48 | €10,000 | €23,447 | +€13,447 | +134.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | - | €5,051 | +€5,051 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,389 | €23,279 | -€110 | -0.5% |
| Other operating charges | 640/8 | €12,218 | €12,828 | +€610 | +5.0% |
| Gross operating margin | 9900 | €94,471 | €103,878 | +€9,407 | +10.0% |
| Operating profit (loss) | 9901 | €58,864 | €62,719 | +€3,855 | +6.5% |
| Financial income | 75/76B | €778 | €786 | +€8 | +1.0% |
| Recurring financial income | 75 | €778 | €786 | +€8 | +1.0% |
| Financial charges | 65/66B | €11,788 | €9,979 | -€1,809 | -15.3% |
| Recurring financial charges | 65 | €11,788 | €9,979 | -€1,809 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | €47,854 | €53,526 | +€5,672 | +11.9% |
| Income taxes | 67/77 | €14,302 | €14,993 | +€692 | +4.8% |
| Profit (loss) for the period | 9904 | €33,552 | €38,533 | +€4,981 | +14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €33,552 | €38,533 | +€4,981 | +14.8% |
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.