Jazco: 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.
Jazco
Largest movements
- Tangible fixed assets -€12,754
down €12,754 (-35.7%), from €35,768 to €23,014
of which Furniture and vehicles: -€12,373
- Cash +€7,874
up €7,874 (+104.9%), from €7,504 to €15,378
mainly Net result for the year (+€75,963) and Other debts (+€39,820)
- Deferred charges and accrued income +€4,983
up €4,983 (+291.5%), from €1,709 to €6,692
- Receivables within one year -€4,905
down €4,905 (-47.4%), from €10,356 to €5,450
of which Trade receivables: -€5,988
- Profit (loss) carried forward -€44,286
down €44,286 (-100.0%), from €44,286 to €0
- Other debts +€39,820
new in 2025: €39,820
- Trade debts -€3,077
down €3,077 (-83.9%), from €3,669 to €592
- Tax, wage and social debts +€2,525
up €2,525 (+54.9%), from €4,597 to €7,122
- Financial income -€12,150
down €12,150 (-91.8%), from €13,230 to €1,080
- Gross operating margin -€4,871
down €4,871 (-4.2%), from €117,261 to €112,390
- Taxes -€1,249
down €1,249 (-5.5%), from €22,673 to €21,424
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 | €55,552 | €50,534 | -€5,018 | -9.0% |
| Formation expenses | 20 | €216 | €0 | -€216 | -100.0% |
| Fixed assets | 21/28 | €35,768 | €23,014 | -€12,754 | -35.7% |
| Tangible fixed assets | 22/27 | €35,768 | €23,014 | -€12,754 | -35.7% |
| Furniture and vehicles | 24 | €31,597 | €19,223 | -€12,373 | -39.2% |
| Other tangible fixed assets | 26 | €4,171 | €3,791 | -€380 | -9.1% |
| Current assets | 29/58 | €19,569 | €27,520 | +€7,952 | +40.6% |
| Amounts receivable within one year | 40/41 | €10,356 | €5,450 | -€4,905 | -47.4% |
| Trade receivables | 40 | €8,014 | €2,025 | -€5,988 | -74.7% |
| Other amounts receivable | 41 | €2,342 | €3,425 | +€1,083 | +46.2% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €7,504 | €15,378 | +€7,874 | +104.9% |
| Deferred charges and accrued income | 490/1 | €1,709 | €6,692 | +€4,983 | +291.5% |
| Total equity and liabilities | 10/49 | €55,552 | €50,534 | -€5,018 | -9.0% |
| Equity | 10/15 | €47,286 | €3,000 | -€44,286 | -93.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,286 | €0 | -€44,286 | -100.0% |
| Amounts payable | 17/49 | €8,266 | €47,534 | +€39,268 | +475.0% |
| Amounts payable within one year | 42/48 | €8,266 | €47,534 | +€39,268 | +475.0% |
| Trade debts | 44 | €3,669 | €592 | -€3,077 | -83.9% |
| Suppliers | 440/4 | €3,669 | €592 | -€3,077 | -83.9% |
| Taxes, remuneration and social security | 45 | €4,597 | €7,122 | +€2,525 | +54.9% |
| Taxes | 450/3 | €4,597 | €7,122 | +€2,525 | +54.9% |
| Other amounts payable | 47/48 | - | €39,820 | +€39,820 | |
| Non-recurring operating income | 76A | - | €891 | +€891 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,993 | €13,815 | -€178 | -1.3% |
| Other operating charges | 640/8 | €1,457 | €2,153 | +€695 | +47.7% |
| Gross operating margin | 9900 | €117,261 | €112,390 | -€4,871 | -4.2% |
| Operating profit (loss) | 9901 | €101,811 | €96,422 | -€5,389 | -5.3% |
| Financial income | 75/76B | €13,230 | €1,080 | -€12,150 | -91.8% |
| Recurring financial income | 75 | €13,230 | €1,080 | -€12,150 | -91.8% |
| Financial charges | 65/66B | €114 | €114 | +€1 | +0.4% |
| Recurring financial charges | 65 | €114 | €114 | +€1 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | €114,927 | €97,387 | -€17,540 | -15.3% |
| Income taxes | 67/77 | €22,673 | €21,424 | -€1,249 | -5.5% |
| Profit (loss) for the period | 9904 | €92,254 | €75,963 | -€16,290 | -17.7% |
| Profit (loss) for the period to be appropriated | 9905 | €92,254 | €75,963 | -€16,290 | -17.7% |
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 3 October 2026 via checked.be.