JASMIN: 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.
What changed
JASMIN
NACE 47.781, Retail sale of solid, liquid and gaseous fuels, excluding motor fuels
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€217,472
2024 · €357,321-€139,849
Equity
€1.7m
2024 · €1.4m+€217,472
Cash
€147,838
2024 · €93,741+€54,096
Balance sheet total
€4.2m
2024 · €3.8m+€428,700
Largest movements
Assets
- Financial fixed assets +€528,744
up €528,744 (+46857.4%), from €1,128 to €529,872
- Receivables after one year -€528,744
down €528,744 (-29.6%), from €1.8m to €1.3m
- Receivables within one year +€323,916
up €323,916 (+20.7%), from €1.6m to €1.9m
of which Trade receivables: +€288,198
- Cash +€54,096
up €54,096 (+57.7%), from €93,741 to €147,838
mainly Receivables after one year (+€528,744) and Trade debts (+€270,177)
- Stocks and contracts +€43,279
up €43,279 (+21.6%), from €200,239 to €243,518
Equity and liabilities
- Trade debts +€270,177
up €270,177 (+14.8%), from €1.8m to €2.1m
- Profit (loss) carried forward +€111,122
up €111,122 (+13.0%), from €855,575 to €966,697
- Reserves +€106,350
up €106,350 (+20.3%), from €524,096 to €630,446
of which Distributable reserves: +€75,780
Income statement
- Gross operating margin -€157,195
down €157,195 (-13.4%), from €1.2m to €1.0m
- Taxes -€51,194
down €51,194 (-40.1%), from €127,652 to €76,459
- Staff costs +€33,682
up €33,682 (+5.9%), from €572,578 to €606,259
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
€357,321
Gross operating margin
-€157,195
Staff costs
-€33,682
Depreciation
+€5,453
Other operating charges
+€5,738
Other operating items
-€1,462
Financial income
-€6,009
Financial charges
-€3,887
Taxes
+€51,194
Result 2025
€217,472
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
+€728,299
Investment
-€614,700
Financing
-€59,502
Cash 2024
€93,741
From operations (derived)
+€728,299
Net result for the year
+€217,472
Depreciation
+€78,100
Receivables after one year
+€528,744
Stocks and contracts
-€43,279
Receivables within one year
-€323,916
Deferred charges and accrued income
+€448
Trade debts
+€270,177
Tax, wage and social debts
-€27,333
Other debts
+€27,886
Investment (derived)
-€614,700
Investment in fixed assets (net)
-€614,700
Financing
-€59,502
Debts after one year
-€23,001
Current portion of long-term debt
-€36,501
Cash 2025
€147,838
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,800,730 | €4,229,430 | +€428,700 | +11.3% |
| Fixed assets | 21/28 | €136,760 | €673,360 | +€536,600 | +392.4% |
| Tangible fixed assets | 22/27 | €135,632 | €143,488 | +€7,856 | +5.8% |
| Land and buildings | 22 | €41,812 | €39,997 | -€1,815 | -4.3% |
| Plant, machinery and equipment | 23 | €8,258 | €4,709 | -€3,549 | -43.0% |
| Furniture and vehicles | 24 | €1,090 | €81,129 | +€80,039 | +7340.4% |
| Leasing and similar rights | 25 | €84,471 | €17,652 | -€66,819 | -79.1% |
| Financial fixed assets | 28 | €1,128 | €529,872 | +€528,744 | +46857.4% |
| Current assets | 29/58 | €3,663,970 | €3,556,070 | -€107,900 | -2.9% |
| Amounts receivable after more than one year | 29 | €1,787,256 | €1,258,512 | -€528,744 | -29.6% |
| Other amounts receivable | 291 | €1,787,256 | €1,258,512 | -€528,744 | -29.6% |
| Stocks and contracts in progress | 3 | €200,239 | €243,518 | +€43,279 | +21.6% |
| Stocks | 30/36 | €200,239 | €243,518 | +€43,279 | +21.6% |
| Amounts receivable within one year | 40/41 | €1,562,787 | €1,886,703 | +€323,916 | +20.7% |
| Trade receivables | 40 | €1,559,316 | €1,847,513 | +€288,198 | +18.5% |
| Other amounts receivable | 41 | €3,471 | €39,190 | +€35,719 | +1029.0% |
| Cash at bank and in hand | 54/58 | €93,741 | €147,838 | +€54,096 | +57.7% |
| Deferred charges and accrued income | 490/1 | €19,946 | €19,499 | -€448 | -2.2% |
| Total equity and liabilities | 10/49 | €3,800,730 | €4,229,430 | +€428,700 | +11.3% |
| Equity | 10/15 | €1,441,171 | €1,658,643 | +€217,472 | +15.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €524,096 | €630,446 | +€106,350 | +20.3% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €214,437 | €245,007 | +€30,570 | +14.3% |
| Distributable reserves | 133 | €303,509 | €379,289 | +€75,780 | +25.0% |
| Profit (loss) carried forward | 14 | €855,575 | €966,697 | +€111,122 | +13.0% |
| Amounts payable | 17/49 | €2,359,559 | €2,570,787 | +€211,228 | +9.0% |
| Amounts payable after more than one year | 17 | €23,001 | €0 | -€23,001 | -100.0% |
| Financial debts | 170/4 | €23,001 | €0 | -€23,001 | -100.0% |
| Amounts payable within one year | 42/48 | €2,336,558 | €2,570,787 | +€234,229 | +10.0% |
| Current portion of amounts payable after more than one year | 42 | €117,502 | €81,001 | -€36,501 | -31.1% |
| Trade debts | 44 | €1,825,890 | €2,096,067 | +€270,177 | +14.8% |
| Suppliers | 440/4 | €1,825,890 | €2,096,067 | +€270,177 | +14.8% |
| Taxes, remuneration and social security | 45 | €162,236 | €134,903 | -€27,333 | -16.8% |
| Taxes | 450/3 | €84,655 | €63,829 | -€20,826 | -24.6% |
| Remuneration and social security | 454/9 | €77,581 | €71,073 | -€6,508 | -8.4% |
| Other amounts payable | 47/48 | €230,929 | €258,816 | +€27,886 | +12.1% |
| Non-recurring operating income | 76A | €4,670 | €1,120 | -€3,551 | -76.0% |
| Remuneration, social security and pensions | 62 | €572,578 | €606,259 | +€33,682 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,553 | €78,100 | -€5,453 | -6.5% |
| Other operating charges | 640/8 | €19,225 | €13,487 | -€5,738 | -29.8% |
| Non-recurring operating charges | 66A | €0 | €1,462 | +€1,462 | |
| Gross operating margin | 9900 | €1,168,851 | €1,011,657 | -€157,195 | -13.4% |
| Operating profit (loss) | 9901 | €493,495 | €312,348 | -€181,148 | -36.7% |
| Financial income | 75/76B | €10,509 | €4,500 | -€6,009 | -57.2% |
| Recurring financial income | 75 | €9 | €0 | -€9 | -100.0% |
| Non-recurring financial income | 76B | €10,500 | €4,500 | -€6,000 | -57.1% |
| Financial charges | 65/66B | €19,030 | €22,917 | +€3,887 | +20.4% |
| Recurring financial charges | 65 | €19,030 | €22,917 | +€3,887 | +20.4% |
| Profit (loss) for the period before taxes | 9903 | €484,974 | €293,931 | -€191,043 | -39.4% |
| Income taxes | 67/77 | €127,652 | €76,459 | -€51,194 | -40.1% |
| Profit (loss) for the period | 9904 | €357,321 | €217,472 | -€139,849 | -39.1% |
| Transfer from tax-exempt reserves | 789 | €0 | €75,780 | +€75,780 | |
| Transfer to tax-exempt reserves | 689 | €116,000 | €106,350 | -€9,650 | -8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €241,321 | €186,902 | -€54,419 | -22.6% |
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 5 October 2026 via checked.be.