JAXX: 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.
JAXX
Largest movements
- Cash +€111,879
up €111,879 (+63.3%), from €176,718 to €288,597
mainly Debts after one year (+€133,105) and Net result for the year (+€74,766)
- Tangible fixed assets -€22,999
down €22,999 (-19.5%), from €118,227 to €95,228
of which Plant, machinery and equipment: -€13,816
- Deferred charges and accrued income +€21,095
new in 2025: €21,095
- Receivables within one year -€14,933
down €14,933 (-9.7%), from €154,238 to €139,305
of which Other amounts receivable: -€15,838
- Debts after one year +€133,105
new in 2025: €133,105
- Other debts -€38,573
down €38,573 (-27.1%), from €142,235 to €103,662
- Trade debts +€11,348
up €11,348 (+39.2%), from €28,955 to €40,303
- Tax, wage and social debts -€6,085
down €6,085 (-14.9%), from €40,880 to €34,796
of which Taxes: -€7,893
- Staff costs +€76,990
up €76,990 (+14.1%), from €547,669 to €624,659
- Taxes -€19,535
down €19,535 (-40.3%), from €48,497 to €28,962
- Gross operating margin +€19,295
up €19,295 (+2.5%), from €773,816 to €793,111
- Financial charges +€19,239
up €19,239 (+233.5%), from €8,240 to €27,479
of which Non-recurring financial charges: +€20,457
- Other operating charges +€9,191
up €9,191 (+955.4%), from €962 to €10,153
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 | €467,498 | €562,543 | +€95,045 | +20.3% |
| Fixed assets | 21/28 | €127,727 | €104,728 | -€22,999 | -18.0% |
| Tangible fixed assets | 22/27 | €118,227 | €95,228 | -€22,999 | -19.5% |
| Plant, machinery and equipment | 23 | €39,685 | €25,869 | -€13,816 | -34.8% |
| Furniture and vehicles | 24 | €21,937 | €10,807 | -€11,130 | -50.7% |
| Other tangible fixed assets | 26 | €56,604 | €58,552 | +€1,948 | +3.4% |
| Financial fixed assets | 28 | €9,500 | €9,500 | = | 0.0% |
| Current assets | 29/58 | €339,771 | €457,815 | +€118,044 | +34.7% |
| Stocks and contracts in progress | 3 | €8,815 | €8,818 | +€3 | 0.0% |
| Stocks | 30/36 | €8,815 | €8,818 | +€3 | 0.0% |
| Amounts receivable within one year | 40/41 | €154,238 | €139,305 | -€14,933 | -9.7% |
| Trade receivables | 40 | €25,758 | €26,662 | +€904 | +3.5% |
| Other amounts receivable | 41 | €128,481 | €112,643 | -€15,838 | -12.3% |
| Cash at bank and in hand | 54/58 | €176,718 | €288,597 | +€111,879 | +63.3% |
| Deferred charges and accrued income | 490/1 | - | €21,095 | +€21,095 | |
| Total equity and liabilities | 10/49 | €467,498 | €562,543 | +€95,045 | +20.3% |
| Equity | 10/15 | €250,677 | €250,677 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €232,077 | €232,077 | = | 0.0% |
| Distributable reserves | 133 | €232,077 | €232,077 | = | 0.0% |
| Amounts payable | 17/49 | €216,820 | €311,866 | +€95,045 | +43.8% |
| Amounts payable after more than one year | 17 | - | €133,105 | +€133,105 | |
| Other amounts payable | 178/9 | - | €133,105 | +€133,105 | |
| Amounts payable within one year | 42/48 | €212,070 | €178,761 | -€33,310 | -15.7% |
| Trade debts | 44 | €28,955 | €40,303 | +€11,348 | +39.2% |
| Suppliers | 440/4 | €28,955 | €40,303 | +€11,348 | +39.2% |
| Taxes, remuneration and social security | 45 | €40,880 | €34,796 | -€6,085 | -14.9% |
| Taxes | 450/3 | €12,772 | €4,878 | -€7,893 | -61.8% |
| Remuneration and social security | 454/9 | €28,109 | €29,917 | +€1,809 | +6.4% |
| Other amounts payable | 47/48 | €142,235 | €103,662 | -€38,573 | -27.1% |
| Accrued charges and deferred income | 492/3 | €4,750 | - | -€4,750 | |
| Remuneration, social security and pensions | 62 | €547,669 | €624,659 | +€76,990 | +14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,491 | €27,996 | -€7,495 | -21.1% |
| Other operating charges | 640/8 | €962 | €10,153 | +€9,191 | +955.4% |
| Gross operating margin | 9900 | €773,816 | €793,111 | +€19,295 | +2.5% |
| Operating profit (loss) | 9901 | €189,694 | €130,302 | -€59,391 | -31.3% |
| Financial income | 75/76B | €152 | €905 | +€753 | +496.5% |
| Recurring financial income | 75 | €152 | €905 | +€753 | +496.5% |
| Financial charges | 65/66B | €8,240 | €27,479 | +€19,239 | +233.5% |
| Recurring financial charges | 65 | €8,240 | €7,022 | -€1,218 | -14.8% |
| Non-recurring financial charges | 66B | - | €20,457 | +€20,457 | |
| Profit (loss) for the period before taxes | 9903 | €181,605 | €103,728 | -€77,877 | -42.9% |
| Income taxes | 67/77 | €48,497 | €28,962 | -€19,535 | -40.3% |
| Profit (loss) for the period | 9904 | €133,108 | €74,766 | -€58,342 | -43.8% |
| Profit (loss) for the period to be appropriated | 9905 | €133,108 | €74,766 | -€58,342 | -43.8% |
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 6 October 2026 via checked.be.