JASPAR Julien: 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.
JASPAR Julien
Largest movements
- Cash -€84,159
down €84,159 (-38.3%), from €219,962 to €135,803
mainly Other debts (-€61,462) and Contributions, distributions and other (-€39,170)
- Deferred charges and accrued income +€22,102
up €22,102 (+99.1%), from €22,294 to €44,396
- Tangible fixed assets -€9,295
down €9,295 (-24.4%), from €38,089 to €28,794
of which Furniture and vehicles: -€8,795
- Other debts -€61,462
down €61,462 (-57.2%), from €107,443 to €45,981
- Debts after one year -€6,466
down €6,466 (-37.7%), from €17,169 to €10,703
- Reserves -€3,970
down €3,970 (-3.4%), from €115,910 to €111,940
- Tax, wage and social debts +€3,740
up €3,740 (+67.5%), from €5,538 to €9,279
of which Taxes: +€7,085
- Trade debts -€3,373
down €3,373 (-63.2%), from €5,336 to €1,963
- Gross operating margin +€20,943
up €20,943 (+51.6%), from €40,607 to €61,551
- Taxes +€6,811
up €6,811 (+90.6%), from €7,520 to €14,332
- Depreciation -€3,510
down €3,510 (-24.4%), from €14,404 to €10,894
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 | €280,345 | €208,993 | -€71,352 | -25.5% |
| Fixed assets | 21/28 | €38,089 | €28,794 | -€9,295 | -24.4% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €38,089 | €28,794 | -€9,295 | -24.4% |
| Plant, machinery and equipment | 23 | €2,477 | €1,977 | -€500 | -20.2% |
| Furniture and vehicles | 24 | €35,612 | €26,816 | -€8,795 | -24.7% |
| Current assets | 29/58 | €242,256 | €180,200 | -€62,057 | -25.6% |
| Cash at bank and in hand | 54/58 | €219,962 | €135,803 | -€84,159 | -38.3% |
| Deferred charges and accrued income | 490/1 | €22,294 | €44,396 | +€22,102 | +99.1% |
| Total equity and liabilities | 10/49 | €280,345 | €208,993 | -€71,352 | -25.5% |
| Equity | 10/15 | €135,935 | €131,984 | -€3,951 | -2.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €115,910 | €111,940 | -€3,970 | -3.4% |
| Distributable reserves | 133 | €115,910 | €111,940 | -€3,970 | -3.4% |
| Profit (loss) carried forward | 14 | €25 | €44 | +€19 | +77.6% |
| Amounts payable | 17/49 | €144,410 | €77,009 | -€67,401 | -46.7% |
| Amounts payable after more than one year | 17 | €17,169 | €10,703 | -€6,466 | -37.7% |
| Financial debts | 170/4 | €17,169 | €10,703 | -€6,466 | -37.7% |
| Amounts payable within one year | 42/48 | €124,566 | €63,689 | -€60,877 | -48.9% |
| Current portion of amounts payable after more than one year | 42 | €6,248 | €6,466 | +€218 | +3.5% |
| Trade debts | 44 | €5,336 | €1,963 | -€3,373 | -63.2% |
| Suppliers | 440/4 | €5,336 | €1,963 | -€3,373 | -63.2% |
| Taxes, remuneration and social security | 45 | €5,538 | €9,279 | +€3,740 | +67.5% |
| Taxes | 450/3 | €2,194 | €9,279 | +€7,085 | +323% |
| Remuneration and social security | 454/9 | €3,345 | €0 | -€3,345 | -100% |
| Other amounts payable | 47/48 | €107,443 | €45,981 | -€61,462 | -57.2% |
| Accrued charges and deferred income | 492/3 | €2,675 | €2,617 | -€58 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,404 | €10,894 | -€3,510 | -24.4% |
| Other operating charges | 640/8 | €967 | €832 | -€135 | -14.0% |
| Gross operating margin | 9900 | €40,607 | €61,551 | +€20,943 | +51.6% |
| Operating profit (loss) | 9901 | €25,236 | €49,825 | +€24,588 | +97.4% |
| Financial income | 75/76B | €1,089 | €823 | -€266 | -24.4% |
| Recurring financial income | 75 | €1,089 | €823 | -€266 | -24.4% |
| Financial charges | 65/66B | €1,146 | €1,097 | -€50 | -4.3% |
| Recurring financial charges | 65 | €1,146 | €997 | -€150 | -13.1% |
| Non-recurring financial charges | 66B | - | €100 | +€100 | |
| Profit (loss) for the period before taxes | 9903 | €25,179 | €49,551 | +€24,372 | +96.8% |
| Income taxes | 67/77 | €7,520 | €14,332 | +€6,811 | +90.6% |
| Profit (loss) for the period | 9904 | €17,658 | €35,219 | +€17,561 | +99.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,658 | €35,219 | +€17,561 | +99.4% |
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 21 October 2026 via checked.be.