JAURES 23: 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.
JAURES 23
Largest movements
- Cash -€75,911
down €75,911 (-65.5%), from €115,876 to €39,964
mainly Receivables within one year (-€60,353) and Other debts (-€58,927)
- Receivables within one year +€60,353
new in 2025: €60,353
of which Other amounts receivable: +€59,755
- Tangible fixed assets -€20,333
down €20,333 (-10.2%), from €198,945 to €178,613
- Deferred charges and accrued income -€7,324
down €7,324 (-71.7%), from €10,210 to €2,886
- Other debts -€58,927
down €58,927 (-54.1%), from €108,894 to €49,966
- Profit (loss) carried forward +€12,836
up €12,836 (+53.8%), from -€23,863 to -€11,027
- Financial income +€17,636
new in 2025: €17,636
of which Non-recurring financial income: +€14,851
- Gross operating margin +€2,330
up €2,330 (+10.5%), from €22,292 to €24,622
- Other operating charges +€469
up €469 (+17.4%), from €2,700 to €3,169
- Depreciation -€311
down €311 (-1.5%), from €20,644 to €20,333
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 | €325,031 | €281,816 | -€43,215 | -13.3% |
| Fixed assets | 21/28 | €198,945 | €178,613 | -€20,333 | -10.2% |
| Tangible fixed assets | 22/27 | €198,945 | €178,613 | -€20,333 | -10.2% |
| Land and buildings | 22 | €198,945 | €178,613 | -€20,333 | -10.2% |
| Current assets | 29/58 | €126,085 | €103,203 | -€22,882 | -18.1% |
| Amounts receivable within one year | 40/41 | - | €60,353 | +€60,353 | |
| Trade receivables | 40 | - | €598 | +€598 | |
| Other amounts receivable | 41 | - | €59,755 | +€59,755 | |
| Cash at bank and in hand | 54/58 | €115,876 | €39,964 | -€75,911 | -65.5% |
| Deferred charges and accrued income | 490/1 | €10,210 | €2,886 | -€7,324 | -71.7% |
| Total equity and liabilities | 10/49 | €325,031 | €281,816 | -€43,215 | -13.3% |
| Equity | 10/15 | €216,137 | €228,973 | +€12,836 | +5.9% |
| Contributions | 10/11 | €240,000 | €240,000 | = | 0.0% |
| Capital | 10 | €240,000 | - | -€240,000 | |
| Issued capital | 100 | €240,000 | - | -€240,000 | |
| Profit (loss) carried forward | 14 | -€23,863 | -€11,027 | +€12,836 | +53.8% |
| Amounts payable | 17/49 | €108,894 | €52,843 | -€56,051 | -51.5% |
| Amounts payable within one year | 42/48 | €108,894 | €52,843 | -€56,051 | -51.5% |
| Trade debts | 44 | - | €2,876 | +€2,876 | |
| Suppliers | 440/4 | - | €2,876 | +€2,876 | |
| Other amounts payable | 47/48 | €108,894 | €49,966 | -€58,927 | -54.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,644 | €20,333 | -€311 | -1.5% |
| Other operating charges | 640/8 | €2,700 | €3,169 | +€469 | +17.4% |
| Gross operating margin | 9900 | €22,292 | €24,622 | +€2,330 | +10.5% |
| Operating profit (loss) | 9901 | -€1,051 | €1,121 | +€2,172 | |
| Financial income | 75/76B | - | €17,636 | +€17,636 | |
| Recurring financial income | 75 | - | €2,785 | +€2,785 | |
| Non-recurring financial income | 76B | - | €14,851 | +€14,851 | |
| Financial charges | 65/66B | €231 | €149 | -€82 | -35.6% |
| Recurring financial charges | 65 | €231 | €149 | -€82 | -35.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,282 | €18,608 | +€19,890 | |
| Profit (loss) for the period | 9904 | -€1,282 | €18,608 | +€19,890 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,282 | €18,608 | +€19,890 |
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 22 October 2026 via checked.be.