JEAS VDB: 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.
JEAS VDB
Largest movements
- Tangible fixed assets -€46,493
down €46,493 (-75.5%), from €61,548 to €15,055
of which Furniture and vehicles: -€42,107
- Receivables within one year +€20,930
up €20,930 (+501%), from €4,180 to €25,110
of which Other amounts receivable: +€13,413
- Cash +€6,041
up €6,041 (+63.7%), from €9,486 to €15,527
mainly Investment in fixed assets (net) (+€34,513) and Depreciation (+€11,979)
- Deferred charges and accrued income +€3,935
up €3,935 (+7,539%), from €52 to €3,987
- Debts after one year -€13,481
down €13,481 (-48.7%), from €27,707 to €14,226
- Trade debts +€5,806
up €5,806 (+218%), from €2,658 to €8,464
- Tax, wage and social debts -€3,227
no longer reported in 2025 (was €3,227)
- Profit (loss) carried forward -€2,535
down €2,535 (-10.3%), from €24,693 to €22,159
- Current portion of long-term debt -€1,145
down €1,145 (-7.8%), from €14,626 to €13,481
- Turnover +€51,182
up €51,182 (+20.7%), from €247,049 to €298,231
- Purchases and services +€40,352
up €40,352 (+19.4%), from €207,948 to €248,300
- Staff costs +€14,251
up €14,251 (+48.6%), from €29,352 to €43,603
- Gross operating margin +€13,565
up €13,565 (+26.2%), from €51,849 to €65,414
- Other operating charges +€9,926
up €9,926 (+8,389%), from €118 to €10,045
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 | €75,267 | €59,680 | -€15,587 | -20.7% |
| Fixed assets | 21/28 | €61,548 | €15,056 | -€46,493 | -75.5% |
| Tangible fixed assets | 22/27 | €61,548 | €15,055 | -€46,493 | -75.5% |
| Plant, machinery and equipment | 23 | €17,447 | €13,061 | -€4,386 | -25.1% |
| Furniture and vehicles | 24 | €44,101 | €1,994 | -€42,107 | -95.5% |
| Financial fixed assets | 28 | €1 | €1 | = | 0.0% |
| Current assets | 29/58 | €13,718 | €44,624 | +€30,906 | +225% |
| Amounts receivable within one year | 40/41 | €4,180 | €25,110 | +€20,930 | +501% |
| Trade receivables | 40 | - | €7,517 | +€7,517 | |
| Other amounts receivable | 41 | €4,180 | €17,592 | +€13,413 | +321% |
| Cash at bank and in hand | 54/58 | €9,486 | €15,527 | +€6,041 | +63.7% |
| Deferred charges and accrued income | 490/1 | €52 | €3,987 | +€3,935 | +7,539% |
| Total equity and liabilities | 10/49 | €75,267 | €59,680 | -€15,587 | -20.7% |
| Equity | 10/15 | €25,693 | €23,159 | -€2,535 | -9.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,693 | €22,159 | -€2,535 | -10.3% |
| Amounts payable | 17/49 | €49,574 | €36,521 | -€13,052 | -26.3% |
| Amounts payable after more than one year | 17 | €27,707 | €14,226 | -€13,481 | -48.7% |
| Financial debts | 170/4 | €27,707 | €14,226 | -€13,481 | -48.7% |
| Amounts payable within one year | 42/48 | €20,816 | €21,945 | +€1,129 | +5.4% |
| Current portion of amounts payable after more than one year | 42 | €14,626 | €13,481 | -€1,145 | -7.8% |
| Trade debts | 44 | €2,658 | €8,464 | +€5,806 | +218% |
| Suppliers | 440/4 | €2,658 | €8,464 | +€5,806 | +218% |
| Taxes, remuneration and social security | 45 | €3,227 | - | -€3,227 | |
| Remuneration and social security | 454/9 | €3,227 | - | -€3,227 | |
| Other amounts payable | 47/48 | €305 | - | -€305 | |
| Accrued charges and deferred income | 492/3 | €1,050 | €350 | -€700 | -66.7% |
| Turnover | 70 | €247,049 | €298,231 | +€51,182 | +20.7% |
| Non-recurring operating income | 76A | €12,748 | €15,482 | +€2,734 | +21.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €207,948 | €248,300 | +€40,352 | +19.4% |
| Remuneration, social security and pensions | 62 | €29,352 | €43,603 | +€14,251 | +48.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,201 | €11,979 | -€6,222 | -34.2% |
| Other operating charges | 640/8 | €118 | €10,045 | +€9,926 | +8,389% |
| Gross operating margin | 9900 | €51,849 | €65,414 | +€13,565 | +26.2% |
| Operating profit (loss) | 9901 | €4,177 | -€214 | -€4,391 | |
| Financial income | 75/76B | €3 | €0 | -€2 | -96.9% |
| Recurring financial income | 75 | €3 | €0 | -€2 | -96.9% |
| Financial charges | 65/66B | €1,723 | €1,659 | -€63 | -3.7% |
| Recurring financial charges | 65 | €1,723 | €1,659 | -€63 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | €2,457 | -€1,873 | -€4,330 | |
| Income taxes | 67/77 | €852 | €662 | -€190 | -22.4% |
| Profit (loss) for the period | 9904 | €1,605 | -€2,535 | -€4,140 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,605 | -€2,535 | -€4,140 |
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 24 October 2026 via checked.be.