JASPART: 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.
JASPART
Largest movements
- Tangible fixed assets +€19,389
up €19,389 (+127%), from €15,293 to €34,682
of which Furniture and vehicles: +€24,351
- Cash +€19,101
up €19,101 (+28,260%), from €68 to €19,168
mainly Depreciation (+€12,401) and Other debts (+€11,135)
- Receivables within one year -€10,276
down €10,276 (-27.0%), from €38,087 to €27,811
of which Other amounts receivable: -€22,688
- Stocks and contracts +€1,121
up €1,121 (+14.5%), from €7,728 to €8,849
- Other debts +€11,135
new in 2025: €11,135
- Trade debts +€8,433
up €8,433 (+130%), from €6,496 to €14,929
- Current portion of long-term debt +€5,093
up €5,093 (+84.5%), from €6,031 to €11,123
- Debts after one year +€5,000
up €5,000 (+42.7%), from €11,701 to €16,701
- Short-term financial debts -€3,974
no longer reported in 2025 (was €3,974)
- Gross operating margin +€21,492
up €21,492, from -€829 to €20,663
- Depreciation +€5,601
up €5,601 (+82.4%), from €6,799 to €12,401
- Financial income -€4,170
down €4,170 (-100.0%), from €4,171 to €1
of which Non-recurring financial income: -€2,662
- Financial charges +€2,308
up €2,308 (+106%), from €2,173 to €4,481
of which Non-recurring financial charges: +€1,800
- Other operating charges +€309
up €309 (+48.7%), from €634 to €943
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 | €65,358 | €93,884 | +€28,526 | +43.6% |
| Fixed assets | 21/28 | €15,446 | €34,834 | +€19,389 | +126% |
| Tangible fixed assets | 22/27 | €15,293 | €34,682 | +€19,389 | +127% |
| Plant, machinery and equipment | 23 | €5,354 | €2,845 | -€2,510 | -46.9% |
| Furniture and vehicles | 24 | €613 | €24,963 | +€24,351 | +3,974% |
| Other tangible fixed assets | 26 | €9,326 | €6,874 | -€2,452 | -26.3% |
| Financial fixed assets | 28 | €153 | €153 | = | 0.0% |
| Current assets | 29/58 | €49,912 | €59,049 | +€9,137 | +18.3% |
| Stocks and contracts in progress | 3 | €7,728 | €8,849 | +€1,121 | +14.5% |
| Stocks | 30/36 | €7,728 | €8,849 | +€1,121 | +14.5% |
| Amounts receivable within one year | 40/41 | €38,087 | €27,811 | -€10,276 | -27.0% |
| Trade receivables | 40 | €14,409 | €26,822 | +€12,412 | +86.1% |
| Other amounts receivable | 41 | €23,678 | €990 | -€22,688 | -95.8% |
| Cash at bank and in hand | 54/58 | €68 | €19,168 | +€19,101 | +28,260% |
| Deferred charges and accrued income | 490/1 | €4,029 | €3,221 | -€808 | -20.1% |
| Total equity and liabilities | 10/49 | €65,358 | €93,884 | +€28,526 | +43.6% |
| Equity | 10/15 | €35,961 | €38,623 | +€2,662 | +7.4% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,501 | €18,163 | +€2,662 | +17.2% |
| Amounts payable | 17/49 | €29,397 | €55,261 | +€25,864 | +88.0% |
| Amounts payable after more than one year | 17 | €11,701 | €16,701 | +€5,000 | +42.7% |
| Financial debts | 170/4 | €11,701 | €16,701 | +€5,000 | +42.7% |
| Amounts payable within one year | 42/48 | €17,696 | €38,560 | +€20,864 | +118% |
| Current portion of amounts payable after more than one year | 42 | €6,031 | €11,123 | +€5,093 | +84.5% |
| Financial debts | 43 | €3,974 | - | -€3,974 | |
| Credit institutions | 430/8 | €3,974 | - | -€3,974 | |
| Trade debts | 44 | €6,496 | €14,929 | +€8,433 | +130% |
| Suppliers | 440/4 | €6,496 | €14,929 | +€8,433 | +130% |
| Taxes, remuneration and social security | 45 | €1,196 | €1,373 | +€177 | +14.8% |
| Taxes | 450/3 | €1,196 | €1,373 | +€177 | +14.8% |
| Other amounts payable | 47/48 | - | €11,135 | +€11,135 | |
| Non-recurring operating income | 76A | - | €6,344 | +€6,344 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,799 | €12,401 | +€5,601 | +82.4% |
| Other operating charges | 640/8 | €634 | €943 | +€309 | +48.7% |
| Gross operating margin | 9900 | -€829 | €20,663 | +€21,492 | |
| Operating profit (loss) | 9901 | -€8,262 | €7,319 | +€15,582 | |
| Financial income | 75/76B | €4,171 | €1 | -€4,170 | -100.0% |
| Recurring financial income | 75 | €1,509 | €1 | -€1,508 | -100.0% |
| Non-recurring financial income | 76B | €2,662 | - | -€2,662 | |
| Financial charges | 65/66B | €2,173 | €4,481 | +€2,308 | +106% |
| Recurring financial charges | 65 | €2,173 | €2,681 | +€508 | +23.4% |
| Non-recurring financial charges | 66B | - | €1,800 | +€1,800 | |
| Profit (loss) for the period before taxes | 9903 | -€6,265 | €2,839 | +€9,104 | |
| Income taxes | 67/77 | €0 | €177 | +€177 | +136,238% |
| Profit (loss) for the period | 9904 | -€6,265 | €2,662 | +€8,927 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,265 | €2,662 | +€8,927 |
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 13 October 2026 via checked.be.