JAYA: 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.
JAYA
Largest movements
- Receivables within one year +€55,614
up €55,614 (+173.5%), from €32,053 to €87,667
of which Other amounts receivable: +€28,286
- Tangible fixed assets -€42,034
down €42,034 (-8.1%), from €518,208 to €476,174
of which Land and buildings: -€38,819
- Reserves +€32,100
up €32,100 (+19.1%), from €167,900 to €200,000
- Debts after one year -€23,564
down €23,564 (-5.7%), from €412,435 to €388,872
- Trade debts +€10,866
up €10,866 (+213.3%), from €5,093 to €15,959
- Tax, wage and social debts -€9,068
down €9,068 (-42.8%), from €21,180 to €12,112
- Depreciation +€12,638
up €12,638 (+41.8%), from €30,244 to €42,882
- Gross operating margin +€8,226
up €8,226 (+8.4%), from €98,413 to €106,640
- Financial charges +€6,431
up €6,431 (+77.5%), from €8,299 to €14,730
- Other operating charges -€5,911
down €5,911 (-71.2%), from €8,298 to €2,387
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 | €655,764 | €668,708 | +€12,945 | +2.0% |
| Fixed assets | 21/28 | €518,208 | €476,174 | -€42,034 | -8.1% |
| Tangible fixed assets | 22/27 | €518,208 | €476,174 | -€42,034 | -8.1% |
| Land and buildings | 22 | €508,890 | €470,071 | -€38,819 | -7.6% |
| Plant, machinery and equipment | 23 | - | €749 | +€749 | |
| Furniture and vehicles | 24 | €9,318 | €5,354 | -€3,964 | -42.5% |
| Current assets | 29/58 | €137,556 | €192,534 | +€54,979 | +40.0% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €32,053 | €87,667 | +€55,614 | +173.5% |
| Trade receivables | 40 | €32,053 | €59,381 | +€27,328 | +85.3% |
| Other amounts receivable | 41 | - | €28,286 | +€28,286 | |
| Cash at bank and in hand | 54/58 | €5,502 | €4,867 | -€635 | -11.5% |
| Total equity and liabilities | 10/49 | €655,764 | €668,708 | +€12,945 | +2.0% |
| Equity | 10/15 | €185,778 | €217,919 | +€32,142 | +17.3% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €167,900 | €200,000 | +€32,100 | +19.1% |
| Distributable reserves | 133 | €167,900 | €200,000 | +€32,100 | +19.1% |
| Profit (loss) carried forward | 14 | €9,818 | €9,859 | +€42 | +0.4% |
| Amounts payable | 17/49 | €469,986 | €450,789 | -€19,197 | -4.1% |
| Amounts payable after more than one year | 17 | €412,435 | €388,872 | -€23,564 | -5.7% |
| Financial debts | 170/4 | €412,435 | €388,872 | -€23,564 | -5.7% |
| Amounts payable within one year | 42/48 | €57,359 | €61,917 | +€4,558 | +7.9% |
| Current portion of amounts payable after more than one year | 42 | €22,916 | €27,973 | +€5,057 | +22.1% |
| Financial debts | 43 | €8,171 | €5,873 | -€2,297 | -28.1% |
| Credit institutions | 430/8 | €8,171 | €5,873 | -€2,297 | -28.1% |
| Trade debts | 44 | €5,093 | €15,959 | +€10,866 | +213.3% |
| Suppliers | 440/4 | €5,093 | €15,959 | +€10,866 | +213.3% |
| Taxes, remuneration and social security | 45 | €21,180 | €12,112 | -€9,068 | -42.8% |
| Taxes | 450/3 | €21,180 | €12,112 | -€9,068 | -42.8% |
| Accrued charges and deferred income | 492/3 | €191 | - | -€191 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,244 | €42,882 | +€12,638 | +41.8% |
| Other operating charges | 640/8 | €8,298 | €2,387 | -€5,911 | -71.2% |
| Gross operating margin | 9900 | €98,413 | €106,640 | +€8,226 | +8.4% |
| Operating profit (loss) | 9901 | €59,871 | €61,371 | +€1,499 | +2.5% |
| Financial income | 75/76B | €2,832 | €2,856 | +€24 | +0.8% |
| Recurring financial income | 75 | €2,832 | €2,856 | +€24 | +0.8% |
| Financial charges | 65/66B | €8,299 | €14,730 | +€6,431 | +77.5% |
| Recurring financial charges | 65 | €8,299 | €14,730 | +€6,431 | +77.5% |
| Profit (loss) for the period before taxes | 9903 | €54,404 | €49,496 | -€4,908 | -9.0% |
| Income taxes | 67/77 | €18,300 | €17,355 | -€946 | -5.2% |
| Profit (loss) for the period | 9904 | €36,104 | €32,142 | -€3,962 | -11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €36,104 | €32,142 | -€3,962 | -11.0% |
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 7 October 2026 via checked.be.