JAY DIAMOND: 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.
JAY DIAMOND
Largest movements
- Receivables within one year +€3.4m
up €3.4m (+407.5%), from €833,564 to €4.2m
of which Trade receivables: +€3.4m
- Stocks and contracts +€2.5m
up €2.5m (+453.5%), from €551,494 to €3.1m
- Cash -€84,514
down €84,514 (-65.2%), from €129,669 to €45,155
mainly Receivables within one year (-€3.4m) and Stocks and contracts (-€2.5m)
- Trade debts +€5.8m
up €5.8m (+690.4%), from €840,695 to €6.6m
- Gross operating margin -€92,391
down €92,391 (-88.0%), from €104,937 to €12,546
- Taxes +€9,317
up €9,317 (+67.3%), from €13,847 to €23,164
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 | €1,516,427 | €7,329,974 | +€5.8m | +383.4% |
| Fixed assets | 21/28 | €1,700 | €1,700 | = | 0.0% |
| Financial fixed assets | 28 | €1,700 | €1,700 | = | 0.0% |
| Current assets | 29/58 | €1,514,727 | €7,328,274 | +€5.8m | +383.8% |
| Stocks and contracts in progress | 3 | €551,494 | €3,052,443 | +€2.5m | +453.5% |
| Stocks | 30/36 | €551,494 | €3,052,443 | +€2.5m | +453.5% |
| Amounts receivable within one year | 40/41 | €833,564 | €4,230,532 | +€3.4m | +407.5% |
| Trade receivables | 40 | €832,162 | €4,228,416 | +€3.4m | +408.1% |
| Other amounts receivable | 41 | €1,402 | €2,116 | +€714 | +50.9% |
| Cash at bank and in hand | 54/58 | €129,669 | €45,155 | -€84,514 | -65.2% |
| Deferred charges and accrued income | 490/1 | - | €144 | +€144 | |
| Total equity and liabilities | 10/49 | €1,516,427 | €7,329,974 | +€5.8m | +383.4% |
| Equity | 10/15 | €474,097 | €454,934 | -€19,163 | -4.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €455,497 | €455,497 | = | 0.0% |
| 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 | €453,637 | €453,637 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€19,163 | -€19,163 | |
| Amounts payable | 17/49 | €1,042,330 | €6,875,040 | +€5.8m | +559.6% |
| Amounts payable within one year | 42/48 | €1,042,330 | €6,875,040 | +€5.8m | +559.6% |
| Trade debts | 44 | €840,695 | €6,645,123 | +€5.8m | +690.4% |
| Suppliers | 440/4 | €840,695 | €6,645,123 | +€5.8m | +690.4% |
| Taxes, remuneration and social security | 45 | €14,470 | €37,608 | +€23,138 | +159.9% |
| Taxes | 450/3 | €14,470 | €37,608 | +€23,138 | +159.9% |
| Other amounts payable | 47/48 | €187,165 | €192,309 | +€5,144 | +2.7% |
| Other operating charges | 640/8 | €1,171 | €1,206 | +€36 | +3.0% |
| Gross operating margin | 9900 | €104,937 | €12,546 | -€92,391 | -88.0% |
| Operating profit (loss) | 9901 | €103,766 | €11,339 | -€92,427 | -89.1% |
| Financial income | 75/76B | €14 | €4 | -€9 | -67.0% |
| Recurring financial income | 75 | €14 | €4 | -€9 | -67.0% |
| Financial charges | 65/66B | €6,383 | €7,343 | +€960 | +15.0% |
| Recurring financial charges | 65 | €6,383 | €7,343 | +€960 | +15.0% |
| Profit (loss) for the period before taxes | 9903 | €97,397 | €4,001 | -€93,396 | -95.9% |
| Income taxes | 67/77 | €13,847 | €23,164 | +€9,317 | +67.3% |
| Profit (loss) for the period | 9904 | €83,550 | -€19,163 | -€102,713 | |
| Profit (loss) for the period to be appropriated | 9905 | €83,550 | -€19,163 | -€102,713 |
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 10 October 2026 via checked.be.