JE'TIFE: 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.
JE'TIFE
Largest movements
- Receivables within one year -€111,326
down €111,326 (-80.3%), from €138,554 to €27,228
of which Other amounts receivable: -€109,254
- Cash -€99,283
down €99,283 (-21.4%), from €464,021 to €364,738
mainly Trade debts (-€268,305) and Debts after one year (-€14,112)
- Tangible fixed assets -€31,671
down €31,671 (-4.8%), from €654,023 to €622,352
- Trade debts -€268,305
no longer reported in 2025 (was €268,305)
- Profit (loss) carried forward +€40,458
up €40,458 (+38.5%), from €104,960 to €145,418
- Debts after one year -€14,112
down €14,112 (-6.1%), from €230,502 to €216,390
- Gross operating margin -€17,558
down €17,558 (-15.2%), from €115,829 to €98,271
- Taxes -€4,417
down €4,417 (-22.2%), from €19,928 to €15,511
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 | €1,271,598 | €1,024,318 | -€247,280 | -19.4% |
| Fixed assets | 21/28 | €654,023 | €622,352 | -€31,671 | -4.8% |
| Tangible fixed assets | 22/27 | €654,023 | €622,352 | -€31,671 | -4.8% |
| Land and buildings | 22 | €654,023 | €622,352 | -€31,671 | -4.8% |
| Current assets | 29/58 | €617,575 | €401,966 | -€215,609 | -34.9% |
| Stocks and contracts in progress | 3 | €15,000 | €10,000 | -€5,000 | -33.3% |
| Stocks | 30/36 | €15,000 | €10,000 | -€5,000 | -33.3% |
| Amounts receivable within one year | 40/41 | €138,554 | €27,228 | -€111,326 | -80.3% |
| Trade receivables | 40 | €23,788 | €21,716 | -€2,072 | -8.7% |
| Other amounts receivable | 41 | €114,766 | €5,512 | -€109,254 | -95.2% |
| Cash at bank and in hand | 54/58 | €464,021 | €364,738 | -€99,283 | -21.4% |
| Total equity and liabilities | 10/49 | €1,271,598 | €1,024,318 | -€247,280 | -19.4% |
| Equity | 10/15 | €720,899 | €761,357 | +€40,458 | +5.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €515,939 | €515,939 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,939 | €15,939 | = | 0.0% |
| Distributable reserves | 133 | €490,000 | €490,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €104,960 | €145,418 | +€40,458 | +38.5% |
| Provisions and deferred taxes | 16 | €10,577 | €10,577 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €10,577 | €10,577 | = | 0.0% |
| Pensions and similar obligations | 160 | €10,577 | €10,577 | = | 0.0% |
| Amounts payable | 17/49 | €540,122 | €252,384 | -€287,738 | -53.3% |
| Amounts payable after more than one year | 17 | €230,502 | €216,390 | -€14,112 | -6.1% |
| Financial debts | 170/4 | €230,502 | €216,390 | -€14,112 | -6.1% |
| Amounts payable within one year | 42/48 | €309,620 | €35,994 | -€273,626 | -88.4% |
| Current portion of amounts payable after more than one year | 42 | €16,612 | €14,112 | -€2,500 | -15.0% |
| Trade debts | 44 | €268,305 | - | -€268,305 | |
| Suppliers | 440/4 | €268,305 | - | -€268,305 | |
| Taxes, remuneration and social security | 45 | €19,929 | €15,511 | -€4,418 | -22.2% |
| Taxes | 450/3 | €19,929 | €15,511 | -€4,418 | -22.2% |
| Other amounts payable | 47/48 | €4,774 | €6,371 | +€1,597 | +33.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,672 | €31,671 | -€1 | 0.0% |
| Other operating charges | 640/8 | €6,267 | €6,624 | +€357 | +5.7% |
| Gross operating margin | 9900 | €115,829 | €98,271 | -€17,558 | -15.2% |
| Operating profit (loss) | 9901 | €77,890 | €59,976 | -€17,914 | -23.0% |
| Financial charges | 65/66B | €3,327 | €4,007 | +€680 | +20.4% |
| Recurring financial charges | 65 | €3,327 | €4,007 | +€680 | +20.4% |
| Profit (loss) for the period before taxes | 9903 | €74,563 | €55,969 | -€18,594 | -24.9% |
| Income taxes | 67/77 | €19,928 | €15,511 | -€4,417 | -22.2% |
| Profit (loss) for the period | 9904 | €54,635 | €40,458 | -€14,177 | -25.9% |
| Profit (loss) for the period to be appropriated | 9905 | €54,635 | €40,458 | -€14,177 | -25.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.