JAXXY: 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.
JAXXY
Largest movements
- Tangible fixed assets +€219,692
up €219,692 (+1,312%), from €16,740 to €236,432
of which Leasing and similar rights: +€117,144
- Cash +€72,963
up €72,963 (+135%), from €53,867 to €126,830
mainly Debts after one year (+€124,912) and Net result for the year (+€49,190)
- Debts after one year +€124,912
up €124,912 (+1,134%), from €11,013 to €135,925
- Reserves +€49,190
up €49,190 (+106%), from €46,273 to €95,462
- Other debts +€38,088
new in 2025: €38,088
- Current portion of long-term debt +€37,650
up €37,650 (+974%), from €3,865 to €41,515
- Trade debts +€23,612
up €23,612 (+148%), from €15,920 to €39,532
- Gross operating margin +€82,011
up €82,011 (+56.3%), from €145,756 to €227,767
- Staff costs +€57,754
up €57,754 (+73.2%), from €78,908 to €136,662
- Depreciation +€13,874
up €13,874 (+313%), from €4,426 to €18,300
- Other operating charges +€4,472
up €4,472 (+227%), from €1,967 to €6,439
- Financial charges +€3,940
up €3,940 (+152%), from €2,588 to €6,528
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 | €104,719 | €396,398 | +€291,679 | +279% |
| Fixed assets | 21/28 | €16,740 | €236,432 | +€219,692 | +1,312% |
| Tangible fixed assets | 22/27 | €16,740 | €236,432 | +€219,692 | +1,312% |
| Land and buildings | 22 | €2,377 | - | -€2,377 | |
| Plant, machinery and equipment | 23 | €11,395 | €34,999 | +€23,604 | +207% |
| Furniture and vehicles | 24 | €1,435 | €701 | -€733 | -51.1% |
| Leasing and similar rights | 25 | - | €117,144 | +€117,144 | |
| Other tangible fixed assets | 26 | €1,533 | €83,587 | +€82,054 | +5,351% |
| Current assets | 29/58 | €87,979 | €159,966 | +€71,987 | +81.8% |
| Stocks and contracts in progress | 3 | €15,000 | €17,356 | +€2,356 | +15.7% |
| Stocks | 30/36 | €15,000 | €17,356 | +€2,356 | +15.7% |
| Amounts receivable within one year | 40/41 | €18,839 | €15,056 | -€3,782 | -20.1% |
| Trade receivables | 40 | - | €4,036 | +€4,036 | |
| Other amounts receivable | 41 | €18,839 | €11,020 | -€7,819 | -41.5% |
| Cash at bank and in hand | 54/58 | €53,867 | €126,830 | +€72,963 | +135% |
| Deferred charges and accrued income | 490/1 | €273 | €723 | +€450 | +165% |
| Total equity and liabilities | 10/49 | €104,719 | €396,398 | +€291,679 | +279% |
| Equity | 10/15 | €52,273 | €101,462 | +€49,190 | +94.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €46,273 | €95,462 | +€49,190 | +106% |
| Distributable reserves | 133 | €46,273 | €95,462 | +€49,190 | +106% |
| Amounts payable | 17/49 | €52,446 | €294,935 | +€242,489 | +462% |
| Amounts payable after more than one year | 17 | €11,013 | €135,925 | +€124,912 | +1,134% |
| Financial debts | 170/4 | €11,013 | €135,925 | +€124,912 | +1,134% |
| Amounts payable within one year | 42/48 | €41,433 | €159,010 | +€117,577 | +284% |
| Current portion of amounts payable after more than one year | 42 | €3,865 | €41,515 | +€37,650 | +974% |
| Trade debts | 44 | €15,920 | €39,532 | +€23,612 | +148% |
| Suppliers | 440/4 | €15,920 | €39,532 | +€23,612 | +148% |
| Taxes, remuneration and social security | 45 | €21,648 | €39,875 | +€18,227 | +84.2% |
| Taxes | 450/3 | €15,191 | €23,083 | +€7,892 | +52.0% |
| Remuneration and social security | 454/9 | €6,457 | €16,792 | +€10,335 | +160% |
| Other amounts payable | 47/48 | - | €38,088 | +€38,088 | |
| Remuneration, social security and pensions | 62 | €78,908 | €136,662 | +€57,754 | +73.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,426 | €18,300 | +€13,874 | +313% |
| Other operating charges | 640/8 | €1,967 | €6,439 | +€4,472 | +227% |
| Gross operating margin | 9900 | €145,756 | €227,767 | +€82,011 | +56.3% |
| Operating profit (loss) | 9901 | €60,455 | €66,366 | +€5,911 | +9.8% |
| Financial income | 75/76B | €397 | €1,151 | +€754 | +190% |
| Recurring financial income | 75 | €397 | €1,151 | +€754 | +190% |
| Financial charges | 65/66B | €2,588 | €6,528 | +€3,940 | +152% |
| Recurring financial charges | 65 | €2,588 | €6,528 | +€3,940 | +152% |
| Profit (loss) for the period before taxes | 9903 | €58,263 | €60,989 | +€2,726 | +4.7% |
| Income taxes | 67/77 | €11,991 | €11,800 | -€191 | -1.6% |
| Profit (loss) for the period | 9904 | €46,273 | €49,190 | +€2,917 | +6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €46,273 | €49,190 | +€2,917 | +6.3% |
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 28 October 2026 via checked.be.