JAYCON: 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.
JAYCON
Largest movements
- Receivables within one year -€17,403
down €17,403 (-55.6%), from €31,308 to €13,905
of which Trade receivables: -€17,122
- Tangible fixed assets -€11,866
down €11,866 (-72.2%), from €16,425 to €4,559
- Current investments +€10,689
up €10,689 (+39.2%), from €27,257 to €37,946
- Cash +€3,496
up €3,496 (+38.9%), from €8,981 to €12,476
mainly Net result for the year (+€18,807) and Receivables within one year (+€17,403)
- Reserves -€19,152
down €19,152 (-90.5%), from €21,152 to €2,000
of which Distributable reserves: -€19,152
- Other debts +€4,866
up €4,866 (+16.2%), from €30,077 to €34,943
- Tax, wage and social debts -€2,231
down €2,231 (-21.7%), from €10,262 to €8,031
- Trade debts +€1,808
up €1,808 (+86.0%), from €2,103 to €3,911
- Gross operating margin -€4,501
down €4,501 (-10.9%), from €41,188 to €36,687
- Financial income -€2,489
down €2,489 (-71.7%), from €3,473 to €984
- Taxes -€1,360
down €1,360 (-19.0%), from €7,166 to €5,806
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 | €83,969 | €68,885 | -€15,084 | -18.0% |
| Fixed assets | 21/28 | €16,425 | €4,559 | -€11,866 | -72.2% |
| Tangible fixed assets | 22/27 | €16,425 | €4,559 | -€11,866 | -72.2% |
| Furniture and vehicles | 24 | €16,425 | €4,559 | -€11,866 | -72.2% |
| Current assets | 29/58 | €67,545 | €64,326 | -€3,218 | -4.8% |
| Amounts receivable within one year | 40/41 | €31,308 | €13,905 | -€17,403 | -55.6% |
| Trade receivables | 40 | €28,556 | €11,435 | -€17,122 | -60.0% |
| Other amounts receivable | 41 | €2,752 | €2,470 | -€281 | -10.2% |
| Current investments | 50/53 | €27,257 | €37,946 | +€10,689 | +39.2% |
| Cash at bank and in hand | 54/58 | €8,981 | €12,476 | +€3,496 | +38.9% |
| Total equity and liabilities | 10/49 | €83,969 | €68,885 | -€15,084 | -18.0% |
| Equity | 10/15 | €41,152 | €22,000 | -€19,152 | -46.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €21,152 | €2,000 | -€19,152 | -90.5% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €19,152 | - | -€19,152 | |
| Amounts payable | 17/49 | €42,818 | €46,885 | +€4,067 | +9.5% |
| Amounts payable within one year | 42/48 | €42,818 | €46,885 | +€4,067 | +9.5% |
| Financial debts | 43 | €376 | - | -€376 | |
| Credit institutions | 430/8 | €376 | - | -€376 | |
| Trade debts | 44 | €2,103 | €3,911 | +€1,808 | +86.0% |
| Suppliers | 440/4 | €2,103 | €3,911 | +€1,808 | +86.0% |
| Taxes, remuneration and social security | 45 | €10,262 | €8,031 | -€2,231 | -21.7% |
| Taxes | 450/3 | €10,262 | €8,031 | -€2,231 | -21.7% |
| Other amounts payable | 47/48 | €30,077 | €34,943 | +€4,866 | +16.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,866 | €11,866 | -€0 | 0.0% |
| Other operating charges | 640/8 | €820 | €1,059 | +€239 | +29.2% |
| Gross operating margin | 9900 | €41,188 | €36,687 | -€4,501 | -10.9% |
| Operating profit (loss) | 9901 | €28,502 | €23,762 | -€4,740 | -16.6% |
| Financial income | 75/76B | €3,473 | €984 | -€2,489 | -71.7% |
| Recurring financial income | 75 | €3,473 | €984 | -€2,489 | -71.7% |
| Financial charges | 65/66B | €121 | €133 | +€13 | +10.7% |
| Recurring financial charges | 65 | €121 | €133 | +€13 | +10.7% |
| Profit (loss) for the period before taxes | 9903 | €31,855 | €24,613 | -€7,242 | -22.7% |
| Income taxes | 67/77 | €7,166 | €5,806 | -€1,360 | -19.0% |
| Profit (loss) for the period | 9904 | €24,689 | €18,807 | -€5,882 | -23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €24,689 | €18,807 | -€5,882 | -23.8% |
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 14 October 2026 via checked.be.