JC GASTMED: what changed
JC GASTMED
Largest movements
- Current investments +€84,781
up €84,781 (+96.4%), from €87,983 to €172,764
- Receivables within one year +€59,984
new in 2025: €59,984
of which Trade receivables: +€58,118
- Deferred charges and accrued income -€49,889
down €49,889 (-95.8%), from €52,061 to €2,172
- Cash -€17,212
down €17,212 (-8.0%), from €215,223 to €198,011
mainly Contributions, distributions and other (-€120,000) and Current investments (-€84,781)
- Reserves +€208,986
up €208,986 (+174%), from €120,000 to €328,986
- Profit (loss) carried forward -€204,604
no longer reported in 2025 (was €204,604)
- Other debts +€100,030
up €100,030 (+7,908%), from €1,265 to €101,295
- Tax, wage and social debts -€27,552
down €27,552 (-90.6%), from €30,423 to €2,871
- Gross operating margin +€43,070
up €43,070 (+32.6%), from €132,189 to €175,259
- Taxes +€23,701
up €23,701 (+86.4%), from €27,432 to €51,133
- Depreciation -€6,491
down €6,491 (-82.2%), from €7,893 to €1,402
- Financial income +€2,115
up €2,115 (+199%), from €1,063 to €3,178
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €360,183 | €436,445 | +€76,262 | +21.2% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €4,916 | €3,514 | -€1,402 | -28.5% |
| Tangible fixed assets | 22/27 | €4,916 | €3,514 | -€1,402 | -28.5% |
| Furniture and vehicles | 24 | €1,987 | €1,325 | -€662 | -33.3% |
| Other tangible fixed assets | 26 | €2,929 | €2,189 | -€740 | -25.3% |
| Current assets | 29/58 | €355,267 | €432,931 | +€77,664 | +21.9% |
| Amounts receivable within one year | 40/41 | - | €59,984 | +€59,984 | |
| Trade receivables | 40 | - | €58,118 | +€58,118 | |
| Other amounts receivable | 41 | - | €1,867 | +€1,867 | |
| Current investments | 50/53 | €87,983 | €172,764 | +€84,781 | +96.4% |
| Cash at bank and in hand | 54/58 | €215,223 | €198,011 | -€17,212 | -8.0% |
| Deferred charges and accrued income | 490/1 | €52,061 | €2,172 | -€49,889 | -95.8% |
| Total equity and liabilities | 10/49 | €360,183 | €436,445 | +€76,262 | +21.2% |
| Equity | 10/15 | €327,604 | €331,986 | +€4,382 | +1.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €120,000 | €328,986 | +€208,986 | +174% |
| Distributable reserves | 133 | €120,000 | €328,986 | +€208,986 | +174% |
| Profit (loss) carried forward | 14 | €204,604 | - | -€204,604 | |
| Amounts payable | 17/49 | €32,579 | €104,459 | +€71,880 | +221% |
| Amounts payable within one year | 42/48 | €32,579 | €104,459 | +€71,880 | +221% |
| Trade debts | 44 | €891 | €293 | -€598 | -67.1% |
| Suppliers | 440/4 | €891 | €293 | -€598 | -67.1% |
| Taxes, remuneration and social security | 45 | €30,423 | €2,871 | -€27,552 | -90.6% |
| Taxes | 450/3 | €30,423 | €2,871 | -€27,552 | -90.6% |
| Other amounts payable | 47/48 | €1,265 | €101,295 | +€100,030 | +7,908% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,893 | €1,402 | -€6,491 | -82.2% |
| Other operating charges | 640/8 | €1,427 | €539 | -€888 | -62.2% |
| Gross operating margin | 9900 | €132,189 | €175,259 | +€43,070 | +32.6% |
| Operating profit (loss) | 9901 | €122,869 | €173,318 | +€50,450 | +41.1% |
| Financial income | 75/76B | €1,063 | €3,178 | +€2,115 | +199% |
| Recurring financial income | 75 | €1,063 | €3,178 | +€2,115 | +199% |
| Financial charges | 65/66B | €1,419 | €981 | -€438 | -30.9% |
| Recurring financial charges | 65 | €1,419 | €981 | -€438 | -30.9% |
| Profit (loss) for the period before taxes | 9903 | €122,513 | €175,516 | +€53,002 | +43.3% |
| Income taxes | 67/77 | €27,432 | €51,133 | +€23,701 | +86.4% |
| Profit (loss) for the period | 9904 | €95,081 | €124,382 | +€29,301 | +30.8% |
| Profit (loss) for the period to be appropriated | 9905 | €95,081 | €124,382 | +€29,301 | +30.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.