JASMIN & MANDARIN: 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.
JASMIN & MANDARIN
Largest movements
- Tangible fixed assets -€1,988
down €1,988 (-30.8%), from €6,448 to €4,460
- Deferred charges and accrued income -€1,639
down €1,639 (-28.8%), from €5,681 to €4,042
- Receivables within one year +€401
up €401 (+199.7%), from €201 to €601
of which Other amounts receivable: +€362
- Cash +€144
up €144 (+661.5%), from €22 to €166
mainly Other debts (+€22,860) and Depreciation (+€1,988)
- Profit (loss) carried forward -€27,145
down €27,145 (-24.1%), from -€112,762 to -€139,907
- Other debts +€22,860
up €22,860 (+39.8%), from €57,391 to €80,251
- Trade debts +€727
up €727 (+379.9%), from €191 to €919
- Tax, wage and social debts +€476
up €476 (+278.2%), from €171 to €647
of which Taxes: +€476
- Gross operating margin +€16,281
up €16,281 (+40.5%), from -€40,204 to -€23,923
- Other operating charges +€694
up €694 (+224.4%), from €309 to €1,003
- Depreciation -€423
down €423 (-17.5%), from €2,411 to €1,988
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 | €12,352 | €9,270 | -€3,082 | -25.0% |
| Fixed assets | 21/28 | €6,448 | €4,460 | -€1,988 | -30.8% |
| Tangible fixed assets | 22/27 | €6,448 | €4,460 | -€1,988 | -30.8% |
| Furniture and vehicles | 24 | €6,448 | €4,460 | -€1,988 | -30.8% |
| Current assets | 29/58 | €5,904 | €4,809 | -€1,094 | -18.5% |
| Amounts receivable within one year | 40/41 | €201 | €601 | +€401 | +199.7% |
| Trade receivables | 40 | €89 | €128 | +€39 | +44.0% |
| Other amounts receivable | 41 | €112 | €474 | +€362 | +322.6% |
| Cash at bank and in hand | 54/58 | €22 | €166 | +€144 | +661.5% |
| Deferred charges and accrued income | 490/1 | €5,681 | €4,042 | -€1,639 | -28.8% |
| Total equity and liabilities | 10/49 | €12,352 | €9,270 | -€3,082 | -25.0% |
| Equity | 10/15 | -€95,402 | -€122,547 | -€27,145 | -28.5% |
| Contributions | 10/11 | €17,360 | €17,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€112,762 | -€139,907 | -€27,145 | -24.1% |
| Amounts payable | 17/49 | €107,754 | €131,817 | +€24,063 | +22.3% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Financial debts | 170/4 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €57,754 | €81,817 | +€24,063 | +41.7% |
| Trade debts | 44 | €191 | €919 | +€727 | +379.9% |
| Suppliers | 440/4 | €191 | €919 | +€727 | +379.9% |
| Taxes, remuneration and social security | 45 | €171 | €647 | +€476 | +278.2% |
| Taxes | 450/3 | €171 | €647 | +€476 | +278.2% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €57,391 | €80,251 | +€22,860 | +39.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,411 | €1,988 | -€423 | -17.5% |
| Other operating charges | 640/8 | €309 | €1,003 | +€694 | +224.4% |
| Gross operating margin | 9900 | -€40,204 | -€23,923 | +€16,281 | +40.5% |
| Operating profit (loss) | 9901 | -€42,924 | -€26,914 | +€16,011 | +37.3% |
| Financial income | 75/76B | €12 | €6 | -€6 | -50.8% |
| Recurring financial income | 75 | €12 | €6 | -€6 | -50.8% |
| Financial charges | 65/66B | €227 | €81 | -€146 | -64.4% |
| Recurring financial charges | 65 | €227 | €81 | -€146 | -64.4% |
| Profit (loss) for the period before taxes | 9903 | -€43,139 | -€26,988 | +€16,150 | +37.4% |
| Income taxes | 67/77 | €171 | €157 | -€14 | -8.3% |
| Profit (loss) for the period | 9904 | -€43,310 | -€27,145 | +€16,165 | +37.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,310 | -€27,145 | +€16,165 | +37.3% |
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 8 October 2026 via checked.be.