Jato: 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.
Jato
Largest movements
- Cash +€38,102
up €38,102 (+114.6%), from €33,251 to €71,352
mainly Depreciation (+€30,025) and Net result for the year (+€11,763)
- Tangible fixed assets -€23,157
down €23,157 (-16.9%), from €136,644 to €113,486
of which Other tangible fixed assets: -€11,930
- Receivables within one year +€3,186
up €3,186 (+27.9%), from €11,423 to €14,609
of which Trade receivables: +€3,618
- Reserves +€11,763
up €11,763 (+16.8%), from €70,134 to €81,897
of which Distributable reserves: +€11,763
- Debts after one year -€5,000
down €5,000 (-20.0%), from €25,000 to €20,000
- Tax, wage and social debts +€4,085
up €4,085 (+155.4%), from €2,630 to €6,715
of which Taxes: +€4,071
- Accrued charges and deferred income +€3,950
new in 2025: €3,950
- Other debts +€3,087
up €3,087 (+5.7%), from €54,254 to €57,341
- Gross operating margin +€11,310
up €11,310 (+26.5%), from €42,644 to €53,954
- Depreciation -€6,109
down €6,109 (-16.9%), from €36,134 to €30,025
- Financial charges +€4,076
up €4,076 (+264.3%), from €1,542 to €5,619
- Taxes +€3,815
up €3,815 (+976.0%), from €391 to €4,206
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 | €183,059 | €200,873 | +€17,814 | +9.7% |
| Fixed assets | 21/28 | €136,644 | €113,486 | -€23,157 | -16.9% |
| Tangible fixed assets | 22/27 | €136,644 | €113,486 | -€23,157 | -16.9% |
| Land and buildings | 22 | €55,828 | €46,849 | -€8,980 | -16.1% |
| Plant, machinery and equipment | 23 | €2,927 | €5,229 | +€2,303 | +78.7% |
| Furniture and vehicles | 24 | €4,550 | €0 | -€4,550 | -100.0% |
| Other tangible fixed assets | 26 | €73,339 | €61,408 | -€11,930 | -16.3% |
| Current assets | 29/58 | €46,415 | €87,387 | +€40,972 | +88.3% |
| Amounts receivable within one year | 40/41 | €11,423 | €14,609 | +€3,186 | +27.9% |
| Trade receivables | 40 | €10,571 | €14,189 | +€3,618 | +34.2% |
| Other amounts receivable | 41 | €852 | €420 | -€432 | -50.7% |
| Cash at bank and in hand | 54/58 | €33,251 | €71,352 | +€38,102 | +114.6% |
| Deferred charges and accrued income | 490/1 | €1,741 | €1,425 | -€315 | -18.1% |
| Total equity and liabilities | 10/49 | €183,059 | €200,873 | +€17,814 | +9.7% |
| Equity | 10/15 | €95,134 | €106,897 | +€11,763 | +12.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €70,134 | €81,897 | +€11,763 | +16.8% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €67,634 | €79,397 | +€11,763 | +17.4% |
| Amounts payable | 17/49 | €87,924 | €93,976 | +€6,052 | +6.9% |
| Amounts payable after more than one year | 17 | €25,000 | €20,000 | -€5,000 | -20.0% |
| Financial debts | 170/4 | €25,000 | €20,000 | -€5,000 | -20.0% |
| Amounts payable within one year | 42/48 | €62,924 | €70,025 | +€7,101 | +11.3% |
| Current portion of amounts payable after more than one year | 42 | €5,000 | €5,000 | = | 0.0% |
| Trade debts | 44 | €1,040 | €970 | -€70 | -6.8% |
| Suppliers | 440/4 | €1,040 | €970 | -€70 | -6.8% |
| Taxes, remuneration and social security | 45 | €2,630 | €6,715 | +€4,085 | +155.4% |
| Taxes | 450/3 | €467 | €4,538 | +€4,071 | +871.9% |
| Remuneration and social security | 454/9 | €2,163 | €2,177 | +€14 | +0.7% |
| Other amounts payable | 47/48 | €54,254 | €57,341 | +€3,087 | +5.7% |
| Accrued charges and deferred income | 492/3 | - | €3,950 | +€3,950 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,134 | €30,025 | -€6,109 | -16.9% |
| Other operating charges | 640/8 | €2,569 | €2,697 | +€127 | +5.0% |
| Gross operating margin | 9900 | €42,644 | €53,954 | +€11,310 | +26.5% |
| Operating profit (loss) | 9901 | €3,940 | €21,232 | +€17,291 | +438.8% |
| Financial income | 75/76B | €426 | €356 | -€70 | -16.4% |
| Recurring financial income | 75 | €426 | €356 | -€70 | -16.4% |
| Financial charges | 65/66B | €1,542 | €5,619 | +€4,076 | +264.3% |
| Recurring financial charges | 65 | €1,542 | €5,619 | +€4,076 | +264.3% |
| Profit (loss) for the period before taxes | 9903 | €2,824 | €15,969 | +€13,145 | +465.4% |
| Income taxes | 67/77 | €391 | €4,206 | +€3,815 | +976.0% |
| Profit (loss) for the period | 9904 | €2,433 | €11,763 | +€9,329 | +383.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,433 | €11,763 | +€9,329 | +383.4% |
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 4 October 2026 via checked.be.