JAX-Beheer: 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.
JAX-Beheer
Largest movements
- Tangible fixed assets +€729,130
up €729,130 (+29.3%), from €2.5m to €3.2m
of which Land and buildings: +€729,542
- Cash +€111,059
up €111,059 (+135%), from €82,498 to €193,557
mainly Debts after one year (+€528,540) and Other debts (+€224,473)
- Debts after one year +€528,540
up €528,540 (+99.1%), from €533,299 to €1.1m
- Other debts +€224,473
up €224,473 (+12.5%), from €1.8m to €2.0m
- Gross operating margin +€11,292
up €11,292 (+7.5%), from €150,422 to €161,714
- Depreciation +€8,271
up €8,271 (+10.9%), from €75,563 to €83,834
- Financial charges +€7,574
up €7,574 (+48.8%), from €15,532 to €23,106
- Taxes +€2,141
up €2,141 (+21.8%), from €9,812 to €11,952
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 | €2,583,517 | €3,417,826 | +€834,309 | +32.3% |
| Fixed assets | 21/28 | €2,492,091 | €3,221,221 | +€729,130 | +29.3% |
| Tangible fixed assets | 22/27 | €2,492,091 | €3,221,221 | +€729,130 | +29.3% |
| Land and buildings | 22 | €2,488,736 | €3,218,277 | +€729,542 | +29.3% |
| Plant, machinery and equipment | 23 | €3,355 | €2,944 | -€412 | -12.3% |
| Current assets | 29/58 | €91,426 | €196,605 | +€105,179 | +115% |
| Amounts receivable within one year | 40/41 | €5,928 | €48 | -€5,880 | -99.2% |
| Trade receivables | 40 | €5,660 | - | -€5,660 | |
| Other amounts receivable | 41 | €268 | €48 | -€220 | -82.1% |
| Cash at bank and in hand | 54/58 | €82,498 | €193,557 | +€111,059 | +135% |
| Deferred charges and accrued income | 490/1 | €3,000 | €3,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €2,583,517 | €3,417,826 | +€834,309 | +32.3% |
| Equity | 10/15 | €150,815 | €182,757 | +€31,942 | +21.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €138,415 | €170,357 | +€31,942 | +23.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €136,555 | €168,497 | +€31,942 | +23.4% |
| Amounts payable | 17/49 | €2,432,702 | €3,235,069 | +€802,367 | +33.0% |
| Amounts payable after more than one year | 17 | €533,299 | €1,061,839 | +€528,540 | +99.1% |
| Financial debts | 170/4 | €533,299 | €1,061,839 | +€528,540 | +99.1% |
| Amounts payable within one year | 42/48 | €1,898,533 | €2,172,360 | +€273,827 | +14.4% |
| Current portion of amounts payable after more than one year | 42 | €93,191 | €121,460 | +€28,269 | +30.3% |
| Trade debts | 44 | €8,433 | €15,802 | +€7,369 | +87.4% |
| Suppliers | 440/4 | €8,433 | €15,802 | +€7,369 | +87.4% |
| Advances received on contracts in progress | 46 | €1,597 | €1,658 | +€61 | +3.8% |
| Taxes, remuneration and social security | 45 | €3,206 | €16,862 | +€13,656 | +426% |
| Taxes | 450/3 | €3,206 | €16,862 | +€13,656 | +426% |
| Other amounts payable | 47/48 | €1,792,106 | €2,016,578 | +€224,473 | +12.5% |
| Accrued charges and deferred income | 492/3 | €870 | €870 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,563 | €83,834 | +€8,271 | +10.9% |
| Other operating charges | 640/8 | €9,799 | €11,182 | +€1,382 | +14.1% |
| Gross operating margin | 9900 | €150,422 | €161,714 | +€11,292 | +7.5% |
| Operating profit (loss) | 9901 | €65,060 | €66,698 | +€1,639 | +2.5% |
| Financial income | 75/76B | €105 | €301 | +€196 | +186% |
| Recurring financial income | 75 | €105 | €301 | +€196 | +186% |
| Financial charges | 65/66B | €15,532 | €23,106 | +€7,574 | +48.8% |
| Recurring financial charges | 65 | €15,532 | €23,106 | +€7,574 | +48.8% |
| Profit (loss) for the period before taxes | 9903 | €49,633 | €43,894 | -€5,739 | -11.6% |
| Income taxes | 67/77 | €9,812 | €11,952 | +€2,141 | +21.8% |
| Profit (loss) for the period | 9904 | €39,821 | €31,942 | -€7,880 | -19.8% |
| Profit (loss) for the period to be appropriated | 9905 | €39,821 | €31,942 | -€7,880 | -19.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.