JECO FINANCES: 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.
JECO FINANCES
Largest movements
- Tangible fixed assets +€79,514
up €79,514 (+104%), from €76,677 to €156,191
of which Furniture and vehicles: +€94,692
- Intangible fixed assets -€46,000
down €46,000 (-28.6%), from €161,000 to €115,000
- Cash +€30,633
up €30,633 (+125%), from €24,502 to €55,135
mainly Depreciation (+€87,958) and Other debts (+€47,054)
- Other debts +€47,054
up €47,054 (+98,978%), from €48 to €47,102
- Debts after one year +€17,369
up €17,369 (+11.1%), from €156,635 to €174,004
- Tax, wage and social debts -€5,827
down €5,827 (-12.4%), from €47,108 to €41,281
of which Remuneration and social security: -€15,102
- Current portion of long-term debt +€5,344
up €5,344 (+7.1%), from €75,424 to €80,768
- Gross operating margin +€76,338
up €76,338 (+19.3%), from €396,083 to €472,420
- Taxes +€15,965
up €15,965 (+227%), from €7,023 to €22,987
- Staff costs +€15,885
up €15,885 (+9.8%), from €161,447 to €177,332
- Other operating charges -€7,261
down €7,261 (-5.1%), from €142,930 to €135,669
- Financial income +€6,077
new in 2025: €6,077
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 | €322,483 | €385,845 | +€63,362 | +19.6% |
| Fixed assets | 21/28 | €237,677 | €271,191 | +€33,514 | +14.1% |
| Intangible fixed assets | 21 | €161,000 | €115,000 | -€46,000 | -28.6% |
| Tangible fixed assets | 22/27 | €76,677 | €156,191 | +€79,514 | +104% |
| Furniture and vehicles | 24 | €20,351 | €115,043 | +€94,692 | +465% |
| Leasing and similar rights | 25 | €24,388 | €14,800 | -€9,587 | -39.3% |
| Other tangible fixed assets | 26 | €31,939 | €26,348 | -€5,590 | -17.5% |
| Current assets | 29/58 | €84,806 | €114,654 | +€29,848 | +35.2% |
| Amounts receivable within one year | 40/41 | €53,903 | €52,937 | -€966 | -1.8% |
| Trade receivables | 40 | €53,798 | €50,940 | -€2,858 | -5.3% |
| Other amounts receivable | 41 | €104 | €1,996 | +€1,892 | +1,812% |
| Cash at bank and in hand | 54/58 | €24,502 | €55,135 | +€30,633 | +125% |
| Deferred charges and accrued income | 490/1 | €6,402 | €6,583 | +€181 | +2.8% |
| Total equity and liabilities | 10/49 | €322,483 | €385,845 | +€63,362 | +19.6% |
| Equity | 10/15 | €30,802 | €30,802 | = | 0.0% |
| Contributions | 10/11 | €19,650 | €19,650 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,152 | €11,152 | = | 0.0% |
| Amounts payable | 17/49 | €291,681 | €355,043 | +€63,362 | +21.7% |
| Amounts payable after more than one year | 17 | €156,635 | €174,004 | +€17,369 | +11.1% |
| Financial debts | 170/4 | €156,635 | €174,004 | +€17,369 | +11.1% |
| Amounts payable within one year | 42/48 | €135,046 | €181,039 | +€45,993 | +34.1% |
| Current portion of amounts payable after more than one year | 42 | €75,424 | €80,768 | +€5,344 | +7.1% |
| Trade debts | 44 | €12,467 | €11,889 | -€578 | -4.6% |
| Suppliers | 440/4 | €12,467 | €11,889 | -€578 | -4.6% |
| Taxes, remuneration and social security | 45 | €47,108 | €41,281 | -€5,827 | -12.4% |
| Taxes | 450/3 | €13,712 | €22,987 | +€9,275 | +67.6% |
| Remuneration and social security | 454/9 | €33,396 | €18,294 | -€15,102 | -45.2% |
| Other amounts payable | 47/48 | €48 | €47,102 | +€47,054 | +98,978% |
| Remuneration, social security and pensions | 62 | €161,447 | €177,332 | +€15,885 | +9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,965 | €87,958 | +€4,993 | +6.0% |
| Other operating charges | 640/8 | €142,930 | €135,669 | -€7,261 | -5.1% |
| Gross operating margin | 9900 | €396,083 | €472,420 | +€76,338 | +19.3% |
| Operating profit (loss) | 9901 | €8,741 | €71,461 | +€62,721 | +718% |
| Financial income | 75/76B | - | €6,077 | +€6,077 | |
| Recurring financial income | 75 | - | €6,077 | +€6,077 | |
| Financial charges | 65/66B | €5,639 | €7,527 | +€1,888 | +33.5% |
| Recurring financial charges | 65 | €5,639 | €7,527 | +€1,888 | +33.5% |
| Profit (loss) for the period before taxes | 9903 | €3,102 | €70,011 | +€66,910 | +2,157% |
| Income taxes | 67/77 | €7,023 | €22,987 | +€15,965 | +227% |
| Profit (loss) for the period | 9904 | -€3,921 | €47,024 | +€50,945 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,921 | €47,024 | +€50,945 |
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 30 October 2026 via checked.be.