JASMIN: 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.
JASMIN
Largest movements
- Tangible fixed assets +€12,663
new in 2025: €12,663
- Cash -€5,263
down €5,263 (-46.3%), from €11,374 to €6,111
mainly Investment in fixed assets (net) (-€14,612) and Receivables within one year (-€3,396)
- Receivables within one year +€3,396
up €3,396 (+259%), from €1,312 to €4,708
of which Other amounts receivable: +€3,396
- Other debts +€5,159
new in 2025: €5,159
- Profit (loss) carried forward +€3,096
up €3,096 (+12.0%), from -€25,864 to -€22,768
- Trade debts +€2,619
up €2,619 (+10.0%), from €26,243 to €28,862
- Staff costs -€6,799
down €6,799 (-43.8%), from €15,532 to €8,733
- Gross operating margin -€5,483
down €5,483 (-28.0%), from €19,550 to €14,066
- Depreciation +€1,948
new in 2025: €1,948
- Other operating charges +€242
new in 2025: €242
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 | €20,875 | €31,671 | +€10,796 | +51.7% |
| Fixed assets | 21/28 | €6,164 | €18,827 | +€12,663 | +205% |
| Tangible fixed assets | 22/27 | - | €12,663 | +€12,663 | |
| Furniture and vehicles | 24 | - | €12,663 | +€12,663 | |
| Financial fixed assets | 28 | €6,164 | €6,164 | = | 0.0% |
| Current assets | 29/58 | €14,711 | €12,843 | -€1,867 | -12.7% |
| Stocks and contracts in progress | 3 | €1,305 | €1,305 | = | 0.0% |
| Stocks | 30/36 | €1,305 | €1,305 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,312 | €4,708 | +€3,396 | +259% |
| Trade receivables | 40 | €245 | €245 | = | 0.0% |
| Other amounts receivable | 41 | €1,066 | €4,462 | +€3,396 | +318% |
| Cash at bank and in hand | 54/58 | €11,374 | €6,111 | -€5,263 | -46.3% |
| Deferred charges and accrued income | 490/1 | €720 | €720 | = | 0.0% |
| Total equity and liabilities | 10/49 | €20,875 | €31,671 | +€10,796 | +51.7% |
| Equity | 10/15 | -€6,795 | -€3,699 | +€3,096 | +45.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €469 | €469 | = | 0.0% |
| Non-distributable reserves | 130/1 | €469 | €469 | = | 0.0% |
| Reserves not available under the articles | 1311 | €469 | €469 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,864 | -€22,768 | +€3,096 | +12.0% |
| Amounts payable | 17/49 | €27,670 | €35,369 | +€7,700 | +27.8% |
| Amounts payable within one year | 42/48 | €27,670 | €35,369 | +€7,700 | +27.8% |
| Trade debts | 44 | €26,243 | €28,862 | +€2,619 | +10.0% |
| Suppliers | 440/4 | €26,243 | €28,862 | +€2,619 | +10.0% |
| Taxes, remuneration and social security | 45 | €1,427 | €1,348 | -€79 | -5.5% |
| Taxes | 450/3 | €224 | €37 | -€187 | -83.6% |
| Remuneration and social security | 454/9 | €1,202 | €1,311 | +€109 | +9.1% |
| Other amounts payable | 47/48 | - | €5,159 | +€5,159 | |
| Remuneration, social security and pensions | 62 | €15,532 | €8,733 | -€6,799 | -43.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,948 | +€1,948 | |
| Other operating charges | 640/8 | - | €242 | +€242 | |
| Gross operating margin | 9900 | €19,550 | €14,066 | -€5,483 | -28.0% |
| Operating profit (loss) | 9901 | €4,018 | €3,143 | -€875 | -21.8% |
| Financial charges | 65/66B | €45 | €47 | +€2 | +4.0% |
| Recurring financial charges | 65 | €45 | €47 | +€2 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €3,973 | €3,096 | -€877 | -22.1% |
| Profit (loss) for the period | 9904 | €3,973 | €3,096 | -€877 | -22.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,973 | €3,096 | -€877 | -22.1% |
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 14 October 2026 via checked.be.