JECEF: 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.
JECEF
Largest movements
- Cash +€22,357
up €22,357 (+125%), from €17,834 to €40,190
mainly Net result for the year (+€18,404) and Depreciation (+€13,260)
- Tangible fixed assets -€13,260
down €13,260 (-5.4%), from €245,727 to €232,467
- Deferred charges and accrued income -€3,137
no longer reported in 2025 (was €3,137)
- Profit (loss) carried forward +€18,404
up €18,404 (+31.0%), from €59,327 to €77,731
- Other debts -€6,330
down €6,330 (-75.1%), from €8,430 to €2,100
- Trade debts -€4,126
down €4,126 (-74.6%), from €5,529 to €1,403
- Financial charges -€6,330
down €6,330 (-96.7%), from €6,546 to €216
- Other operating charges -€3,119
down €3,119 (-85.9%), from €3,633 to €513
- Taxes +€2,013
up €2,013 (+46.5%), from €4,331 to €6,344
- Gross operating margin -€1,868
down €1,868 (-4.6%), from €40,603 to €38,735
- Depreciation -€936
down €936 (-6.6%), from €14,196 to €13,260
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 | €269,017 | €274,977 | +€5,960 | +2.2% |
| Fixed assets | 21/28 | €245,727 | €232,467 | -€13,260 | -5.4% |
| Tangible fixed assets | 22/27 | €245,727 | €232,467 | -€13,260 | -5.4% |
| Land and buildings | 22 | €245,727 | €232,467 | -€13,260 | -5.4% |
| Current assets | 29/58 | €23,290 | €42,509 | +€19,220 | +82.5% |
| Amounts receivable within one year | 40/41 | €2,319 | €2,319 | = | 0.0% |
| Other amounts receivable | 41 | €2,319 | €2,319 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €17,834 | €40,190 | +€22,357 | +125% |
| Deferred charges and accrued income | 490/1 | €3,137 | - | -€3,137 | |
| Total equity and liabilities | 10/49 | €269,017 | €274,977 | +€5,960 | +2.2% |
| Equity | 10/15 | €250,727 | €269,131 | +€18,404 | +7.3% |
| Contributions | 10/11 | €174,000 | €174,000 | = | 0.0% |
| Reserves | 13 | €17,400 | €17,400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €17,400 | €17,400 | = | 0.0% |
| Reserves not available under the articles | 1311 | €17,400 | €17,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,327 | €77,731 | +€18,404 | +31.0% |
| Amounts payable | 17/49 | €18,290 | €5,846 | -€12,444 | -68.0% |
| Amounts payable within one year | 42/48 | €18,290 | €5,846 | -€12,444 | -68.0% |
| Trade debts | 44 | €5,529 | €1,403 | -€4,126 | -74.6% |
| Suppliers | 440/4 | €5,529 | €1,403 | -€4,126 | -74.6% |
| Taxes, remuneration and social security | 45 | €4,331 | €2,343 | -€1,988 | -45.9% |
| Taxes | 450/3 | €4,331 | €2,343 | -€1,988 | -45.9% |
| Other amounts payable | 47/48 | €8,430 | €2,100 | -€6,330 | -75.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,196 | €13,260 | -€936 | -6.6% |
| Other operating charges | 640/8 | €3,633 | €513 | -€3,119 | -85.9% |
| Gross operating margin | 9900 | €40,603 | €38,735 | -€1,868 | -4.6% |
| Operating profit (loss) | 9901 | €22,775 | €24,962 | +€2,187 | +9.6% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €6,546 | €216 | -€6,330 | -96.7% |
| Recurring financial charges | 65 | €6,546 | €216 | -€6,330 | -96.7% |
| Profit (loss) for the period before taxes | 9903 | €16,229 | €24,747 | +€8,518 | +52.5% |
| Income taxes | 67/77 | €4,331 | €6,344 | +€2,013 | +46.5% |
| Profit (loss) for the period | 9904 | €11,898 | €18,404 | +€6,506 | +54.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,898 | €18,404 | +€6,506 | +54.7% |
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 27 October 2026 via checked.be.