JASS: 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
JASS
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€809
2024 · -€32,312+€33,122
Equity
€1.8m
2024 · €1.9m-€61,624
Cash
€76,054
2024 · €54,379+€21,674
Balance sheet total
€2.6m
2024 · €2.6m+€23,301
Largest movements
Assets
- Current investments +€35,180
up €35,180 (+2.7%), from €1.3m to €1.3m
Equity and liabilities
- Other debts +€68,796
up €68,796 (+15.0%), from €457,442 to €526,238
- Reserves -€61,624
down €61,624 (-5.3%), from €1.2m to €1.1m
of which Distributable reserves: -€40,157
Income statement
- Financial income +€70,349
up €70,349 (+193.6%), from €36,345 to €106,694
of which Financial income: +€40,644
- Financial charges +€14,530
up €14,530 (+35.2%), from €41,321 to €55,851
- Taxes +€14,264
up €14,264 (+903.5%), from €1,579 to €15,843
- Gross operating margin -€5,369
down €5,369 (-8.5%), from €63,183 to €57,814
- Other operating charges -€3,799
down €3,799 (-17.5%), from €21,652 to €17,853
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
-€32,312
Gross operating margin
-€5,369
Depreciation
+€1,978
Other operating charges
+€3,799
Other operating items
-€8,843
Financial income
+€70,349
Financial charges
-€14,530
Taxes
-€14,264
Result 2025
€809
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
+€176,338
Investment
-€92,231
Financing
-€62,433
Cash 2024
€54,379
From operations (derived)
+€176,338
Net result for the year
+€809
Depreciation
+€72,464
Receivables within one year
+€22,314
Deferred charges and accrued income
-€4,174
Provisions
-€7,156
Trade debts
-€1,093
Tax, wage and social debts
+€2,664
Other debts
+€68,796
Accrued charges and deferred income
+€21,713
Investment (derived)
-€92,231
Investment in fixed assets (net)
-€57,051
Current investments
-€35,180
Financing
-€62,433
Contributions, distributions and other
-€62,433
Cash 2025
€76,054
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,560,815 | €2,584,116 | +€23,301 | +0.9% |
| Fixed assets | 21/28 | €1,183,914 | €1,168,501 | -€15,414 | -1.3% |
| Tangible fixed assets | 22/27 | €1,183,914 | €1,168,501 | -€15,414 | -1.3% |
| Land and buildings | 22 | €1,152,806 | €1,122,608 | -€30,198 | -2.6% |
| Furniture and vehicles | 24 | €31,109 | €45,893 | +€14,784 | +47.5% |
| Current assets | 29/58 | €1,376,901 | €1,415,616 | +€38,715 | +2.8% |
| Amounts receivable within one year | 40/41 | €28,451 | €6,137 | -€22,314 | -78.4% |
| Trade receivables | 40 | €4,951 | - | -€4,951 | |
| Other amounts receivable | 41 | €23,500 | €6,137 | -€17,363 | -73.9% |
| Current investments | 50/53 | €1,283,182 | €1,318,362 | +€35,180 | +2.7% |
| Cash at bank and in hand | 54/58 | €54,379 | €76,054 | +€21,674 | +39.9% |
| Deferred charges and accrued income | 490/1 | €10,889 | €15,062 | +€4,174 | +38.3% |
| Total equity and liabilities | 10/49 | €2,560,815 | €2,584,116 | +€23,301 | +0.9% |
| Equity | 10/15 | €1,904,539 | €1,842,915 | -€61,624 | -3.2% |
| Contributions | 10/11 | €745,000 | €745,000 | = | 0.0% |
| Capital | 10 | €745,000 | €745,000 | = | 0.0% |
| Issued capital | 100 | €745,000 | €745,000 | = | 0.0% |
| Reserves | 13 | €1,159,539 | €1,097,915 | -€61,624 | -5.3% |
| Non-distributable reserves | 130/1 | €61,053 | €61,053 | = | 0.0% |
| Legal reserve | 130 | €61,053 | €61,053 | = | 0.0% |
| Tax-exempt reserves | 132 | €302,989 | €281,523 | -€21,467 | -7.1% |
| Distributable reserves | 133 | €795,497 | €755,340 | -€40,157 | -5.0% |
| Provisions and deferred taxes | 16 | €181,342 | €174,186 | -€7,156 | -3.9% |
| Deferred taxes | 168 | €181,342 | €174,186 | -€7,156 | -3.9% |
| Amounts payable | 17/49 | €474,934 | €567,014 | +€92,080 | +19.4% |
| Amounts payable within one year | 42/48 | €472,271 | €542,639 | +€70,367 | +14.9% |
| Trade debts | 44 | €4,819 | €3,726 | -€1,093 | -22.7% |
| Suppliers | 440/4 | €4,819 | €3,726 | -€1,093 | -22.7% |
| Taxes, remuneration and social security | 45 | €10,010 | €12,674 | +€2,664 | +26.6% |
| Taxes | 450/3 | €10,010 | €12,674 | +€2,664 | +26.6% |
| Other amounts payable | 47/48 | €457,442 | €526,238 | +€68,796 | +15.0% |
| Accrued charges and deferred income | 492/3 | €2,663 | €24,376 | +€21,713 | +815.5% |
| Non-recurring operating income | 76A | €1,619 | - | -€1,619 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,443 | €72,464 | -€1,978 | -2.7% |
| Other operating charges | 640/8 | €21,652 | €17,853 | -€3,799 | -17.5% |
| Non-recurring operating charges | 66A | - | €8,843 | +€8,843 | |
| Gross operating margin | 9900 | €63,183 | €57,814 | -€5,369 | -8.5% |
| Operating profit (loss) | 9901 | -€32,912 | -€41,346 | -€8,434 | -25.6% |
| Financial income | 75/76B | €36,345 | €106,694 | +€70,349 | +193.6% |
| Recurring financial income | 75 | €36,345 | €76,989 | +€40,644 | +111.8% |
| Non-recurring financial income | 76B | - | €29,705 | +€29,705 | |
| Financial charges | 65/66B | €41,321 | €55,851 | +€14,530 | +35.2% |
| Recurring financial charges | 65 | €41,321 | €55,851 | +€14,530 | +35.2% |
| Profit (loss) for the period before taxes | 9903 | -€37,889 | €9,497 | +€47,386 | |
| Transfer from deferred taxes | 780 | €7,156 | €7,156 | = | 0.0% |
| Income taxes | 67/77 | €1,579 | €15,843 | +€14,264 | +903.5% |
| Profit (loss) for the period | 9904 | -€32,312 | €809 | +€33,122 | |
| Transfer from tax-exempt reserves | 789 | €21,467 | €21,467 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,846 | €22,276 | +€33,122 |
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 3 October 2026 via checked.be.