JASSAN: 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.
JASSAN
Largest movements
- Receivables after one year -€67,840
down €67,840 (-25.4%), from €266,781 to €198,941
- Tangible fixed assets -€43,392
down €43,392 (-6.9%), from €630,720 to €587,328
of which Land and buildings: -€43,364
- Provisions -€85,118
down €85,118 (-79.7%), from €106,855 to €21,737
of which Provisions for liabilities and charges: -€84,141
- Other debts +€38,000
new in 2025: €38,000
- Debts after one year -€33,545
down €33,545 (-7.9%), from €423,459 to €389,915
- Trade debts -€13,933
down €13,933 (-82.9%), from €16,817 to €2,883
- Provisions -€168,281
down €168,281, from €84,141 to -€84,141
- Financial charges +€40,553
up €40,553 (+64.0%), from €63,369 to €103,922
- Gross operating margin -€26,051
down €26,051 (-19.0%), from €136,977 to €110,925
- Taxes -€3,210
down €3,210 (-43.6%), from €7,362 to €4,152
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 | €994,185 | €901,001 | -€93,184 | -9.4% |
| Fixed assets | 21/28 | €632,095 | €588,703 | -€43,392 | -6.9% |
| Tangible fixed assets | 22/27 | €630,720 | €587,328 | -€43,392 | -6.9% |
| Land and buildings | 22 | €630,692 | €587,328 | -€43,364 | -6.9% |
| Furniture and vehicles | 24 | €28 | - | -€28 | |
| Financial fixed assets | 28 | €1,375 | €1,375 | = | 0.0% |
| Current assets | 29/58 | €362,090 | €312,298 | -€49,792 | -13.8% |
| Amounts receivable after more than one year | 29 | €266,781 | €198,941 | -€67,840 | -25.4% |
| Other amounts receivable | 291 | €266,781 | €198,941 | -€67,840 | -25.4% |
| Amounts receivable within one year | 40/41 | €4,807 | €8,777 | +€3,970 | +82.6% |
| Trade receivables | 40 | - | €4,807 | +€4,807 | |
| Other amounts receivable | 41 | €4,807 | €3,970 | -€838 | -17.4% |
| Cash at bank and in hand | 54/58 | €78,309 | €85,710 | +€7,401 | +9.5% |
| Deferred charges and accrued income | 490/1 | €12,192 | €18,869 | +€6,678 | +54.8% |
| Total equity and liabilities | 10/49 | €994,185 | €901,001 | -€93,184 | -9.4% |
| Equity | 10/15 | €414,333 | €414,921 | +€588 | +0.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €401,906 | €402,494 | +€588 | +0.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €68,084 | €65,150 | -€2,934 | -4.3% |
| Distributable reserves | 133 | €331,962 | €335,484 | +€3,522 | +1.1% |
| Profit (loss) carried forward | 14 | €27 | €27 | +€0 | +0.2% |
| Provisions and deferred taxes | 16 | €106,855 | €21,737 | -€85,118 | -79.7% |
| Provisions for liabilities and charges | 160/5 | €84,141 | - | -€84,141 | |
| Other liabilities and charges | 164/5 | €84,141 | - | -€84,141 | |
| Deferred taxes | 168 | €22,715 | €21,737 | -€978 | -4.3% |
| Amounts payable | 17/49 | €472,997 | €464,343 | -€8,654 | -1.8% |
| Amounts payable after more than one year | 17 | €423,459 | €389,915 | -€33,545 | -7.9% |
| Financial debts | 170/4 | €423,459 | €389,915 | -€33,545 | -7.9% |
| Amounts payable within one year | 42/48 | €49,537 | €74,428 | +€24,891 | +50.2% |
| Current portion of amounts payable after more than one year | 42 | €32,721 | €33,545 | +€824 | +2.5% |
| Trade debts | 44 | €16,817 | €2,883 | -€13,933 | -82.9% |
| Suppliers | 440/4 | €16,817 | €2,883 | -€13,933 | -82.9% |
| Other amounts payable | 47/48 | - | €38,000 | +€38,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,210 | €43,392 | +€182 | +0.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €84,141 | -€84,141 | -€168,281 | |
| Other operating charges | 640/8 | €6,293 | €6,398 | +€105 | +1.7% |
| Gross operating margin | 9900 | €136,977 | €110,925 | -€26,051 | -19.0% |
| Operating profit (loss) | 9901 | €3,333 | €145,275 | +€141,942 | +4258.9% |
| Financial income | 75/76B | €713 | €410 | -€304 | -42.6% |
| Recurring financial income | 75 | €713 | €410 | -€304 | -42.6% |
| Financial charges | 65/66B | €63,369 | €103,922 | +€40,553 | +64.0% |
| Recurring financial charges | 65 | €63,369 | €103,922 | +€40,553 | +64.0% |
| Profit (loss) for the period before taxes | 9903 | -€59,323 | €41,763 | +€101,086 | |
| Transfer from deferred taxes | 780 | €978 | €978 | = | 0.0% |
| Income taxes | 67/77 | €7,362 | €4,152 | -€3,210 | -43.6% |
| Profit (loss) for the period | 9904 | -€65,707 | €38,588 | +€104,295 | |
| Transfer from tax-exempt reserves | 789 | €2,934 | €2,934 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€62,773 | €41,522 | +€104,295 |
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 7 October 2026 via checked.be.