JASSPAT: 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.
JASSPAT
Largest movements
- Tangible fixed assets -€30,363
down €30,363 (-5.3%), from €572,785 to €542,421
- Debts after one year -€36,090
down €36,090 (-13.5%), from €267,671 to €231,581
- Profit (loss) carried forward +€6,479
up €6,479 (+18.7%), from -€34,642 to -€28,163
- Financial charges -€1,450
down €1,450 (-12.6%), from €11,519 to €10,069
- Gross operating margin -€1,195
down €1,195 (-2.1%), from €57,015 to €55,820
- Depreciation -€1,158
down €1,158 (-3.7%), from €31,521 to €30,363
- Other operating charges +€589
up €589 (+9.7%), from €6,084 to €6,673
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 | €588,652 | €562,828 | -€25,824 | -4.4% |
| Fixed assets | 21/28 | €572,785 | €542,421 | -€30,363 | -5.3% |
| Tangible fixed assets | 22/27 | €572,785 | €542,421 | -€30,363 | -5.3% |
| Land and buildings | 22 | €572,785 | €542,421 | -€30,363 | -5.3% |
| Current assets | 29/58 | €15,868 | €20,407 | +€4,539 | +28.6% |
| Amounts receivable within one year | 40/41 | - | €4,228 | +€4,228 | |
| Trade receivables | 40 | - | €4,228 | +€4,228 | |
| Cash at bank and in hand | 54/58 | €14,920 | €15,188 | +€268 | +1.8% |
| Deferred charges and accrued income | 490/1 | €947 | €990 | +€43 | +4.5% |
| Total equity and liabilities | 10/49 | €588,652 | €562,828 | -€25,824 | -4.4% |
| Equity | 10/15 | €118,313 | €124,792 | +€6,479 | +5.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €102,956 | €102,956 | = | 0.0% |
| Tax-exempt reserves | 132 | €150 | €150 | = | 0.0% |
| Distributable reserves | 133 | €102,805 | €102,805 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,642 | -€28,163 | +€6,479 | +18.7% |
| Amounts payable | 17/49 | €470,339 | €438,036 | -€32,303 | -6.9% |
| Amounts payable after more than one year | 17 | €267,671 | €231,581 | -€36,090 | -13.5% |
| Financial debts | 170/4 | €267,671 | €231,581 | -€36,090 | -13.5% |
| Amounts payable within one year | 42/48 | €202,668 | €206,455 | +€3,787 | +1.9% |
| Trade debts | 44 | €183 | €3,600 | +€3,417 | +1,867% |
| Suppliers | 440/4 | €183 | €3,600 | +€3,417 | +1,867% |
| Advances received on contracts in progress | 46 | €7,455 | €7,455 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €4,725 | €5,095 | +€370 | +7.8% |
| Taxes | 450/3 | €4,725 | €5,095 | +€370 | +7.8% |
| Other amounts payable | 47/48 | €190,305 | €190,305 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,521 | €30,363 | -€1,158 | -3.7% |
| Other operating charges | 640/8 | €6,084 | €6,673 | +€589 | +9.7% |
| Gross operating margin | 9900 | €57,015 | €55,820 | -€1,195 | -2.1% |
| Operating profit (loss) | 9901 | €19,410 | €18,784 | -€626 | -3.2% |
| Financial charges | 65/66B | €11,519 | €10,069 | -€1,450 | -12.6% |
| Recurring financial charges | 65 | €11,519 | €10,069 | -€1,450 | -12.6% |
| Profit (loss) for the period before taxes | 9903 | €7,891 | €8,715 | +€824 | +10.4% |
| Income taxes | 67/77 | €2,150 | €2,236 | +€86 | +4.0% |
| Profit (loss) for the period | 9904 | €5,741 | €6,479 | +€739 | +12.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,741 | €6,479 | +€739 | +12.9% |
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 17 October 2026 via checked.be.