JAY Inc.: 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.
JAY Inc.
Largest movements
- Tangible fixed assets +€40,619
up €40,619 (+3471.6%), from €1,170 to €41,789
of which Leasing and similar rights: +€41,280
- Cash -€22,811
down €22,811 (-81.2%), from €28,105 to €5,294
mainly Investment in fixed assets (net) (-€43,000) and Net result for the year (-€8,575)
- Receivables within one year +€8,467
up €8,467, from €0 to €8,467
of which Trade receivables: +€7,133
- Debts after one year +€26,300
new in 2025: €26,300
- Current portion of long-term debt +€13,415
new in 2025: €13,415
- Profit (loss) carried forward -€8,575
new in 2025: -€8,575
- Tax, wage and social debts -€3,362
down €3,362 (-71.6%), from €4,696 to €1,334
- Other debts -€1,124
down €1,124 (-33.5%), from €3,357 to €2,234
- Gross operating margin -€23,470
down €23,470, from €19,111 to -€4,359
- Taxes -€4,344
down €4,344 (-100.0%), from €4,344 to €0
- Depreciation +€1,720
up €1,720 (+260.1%), from €661 to €2,381
- Other operating charges +€881
up €881 (+196.0%), from €449 to €1,330
- Financial charges +€461
up €461 (+1060.6%), from €44 to €505
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 | €30,393 | €57,047 | +€26,655 | +87.7% |
| Fixed assets | 21/28 | €1,170 | €41,789 | +€40,619 | +3471.6% |
| Tangible fixed assets | 22/27 | €1,170 | €41,789 | +€40,619 | +3471.6% |
| Plant, machinery and equipment | 23 | €1,170 | €509 | -€661 | -56.5% |
| Leasing and similar rights | 25 | - | €41,280 | +€41,280 | |
| Current assets | 29/58 | €29,223 | €15,259 | -€13,964 | -47.8% |
| Amounts receivable within one year | 40/41 | €0 | €8,467 | +€8,467 | |
| Trade receivables | 40 | - | €7,133 | +€7,133 | |
| Other amounts receivable | 41 | €0 | €1,334 | +€1,334 | |
| Cash at bank and in hand | 54/58 | €28,105 | €5,294 | -€22,811 | -81.2% |
| Deferred charges and accrued income | 490/1 | €1,118 | €1,497 | +€380 | +34.0% |
| Total equity and liabilities | 10/49 | €30,393 | €57,047 | +€26,655 | +87.7% |
| Equity | 10/15 | €22,340 | €13,765 | -€8,575 | -38.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €17,340 | €17,340 | = | 0.0% |
| Distributable reserves | 133 | €17,340 | €17,340 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€8,575 | -€8,575 | |
| Amounts payable | 17/49 | €8,053 | €43,283 | +€35,230 | +437.5% |
| Amounts payable after more than one year | 17 | - | €26,300 | +€26,300 | |
| Financial debts | 170/4 | - | €26,300 | +€26,300 | |
| Amounts payable within one year | 42/48 | €8,053 | €16,983 | +€8,930 | +110.9% |
| Current portion of amounts payable after more than one year | 42 | - | €13,415 | +€13,415 | |
| Taxes, remuneration and social security | 45 | €4,696 | €1,334 | -€3,362 | -71.6% |
| Taxes | 450/3 | €4,696 | €1,334 | -€3,362 | -71.6% |
| Other amounts payable | 47/48 | €3,357 | €2,234 | -€1,124 | -33.5% |
| Non-recurring operating income | 76A | €2,874 | €0 | -€2,874 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €661 | €2,381 | +€1,720 | +260.1% |
| Other operating charges | 640/8 | €449 | €1,330 | +€881 | +196.0% |
| Gross operating margin | 9900 | €19,111 | -€4,359 | -€23,470 | |
| Operating profit (loss) | 9901 | €18,000 | -€8,070 | -€26,070 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €44 | €505 | +€461 | +1060.6% |
| Recurring financial charges | 65 | €44 | €505 | +€461 | +1060.6% |
| Profit (loss) for the period before taxes | 9903 | €17,957 | -€8,575 | -€26,532 | |
| Income taxes | 67/77 | €4,344 | €0 | -€4,344 | -100.0% |
| Profit (loss) for the period | 9904 | €13,613 | -€8,575 | -€22,188 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,613 | -€8,575 | -€22,188 |
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 5 October 2026 via checked.be.