Jecon: 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.
Jecon
Largest movements
- Cash -€151,425
down €151,425 (-54.8%), from €276,419 to €124,994
mainly Other debts (-€156,312) and Trade debts (-€100,517)
- Tangible fixed assets +€22,888
up €22,888 (+15.6%), from €146,969 to €169,858
of which Furniture and vehicles: +€35,797
- Receivables within one year -€20,838
down €20,838 (-19.0%), from €109,941 to €89,103
of which Other amounts receivable: -€28,767
- Stocks and contracts +€20,830
up €20,830 (+21.5%), from €96,870 to €117,700
- Other debts -€156,312
down €156,312 (-71.3%), from €219,344 to €63,033
- Reserves +€122,742
up €122,742 (+146%), from €84,021 to €206,764
- Trade debts -€100,517
down €100,517 (-50.5%), from €199,209 to €98,692
- Debts after one year -€14,848
down €14,848 (-24.9%), from €59,584 to €44,735
- Short-term financial debts +€8,452
new in 2025: €8,452
- Gross operating margin +€95,523
up €95,523 (+21.6%), from €441,816 to €537,339
- Staff costs +€27,648
up €27,648 (+8.9%), from €310,735 to €338,382
- Taxes +€12,597
up €12,597 (+54.4%), from €23,148 to €35,745
- Depreciation +€9,318
up €9,318 (+32.6%), from €28,597 to €37,915
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 | €641,630 | €509,509 | -€132,121 | -20.6% |
| Fixed assets | 21/28 | €150,905 | €171,130 | +€20,225 | +13.4% |
| Intangible fixed assets | 21 | €2,556 | €1,273 | -€1,283 | -50.2% |
| Tangible fixed assets | 22/27 | €146,969 | €169,858 | +€22,888 | +15.6% |
| Plant, machinery and equipment | 23 | €46,848 | €40,509 | -€6,340 | -13.5% |
| Furniture and vehicles | 24 | €60,792 | €96,590 | +€35,797 | +58.9% |
| Other tangible fixed assets | 26 | €39,329 | €32,759 | -€6,569 | -16.7% |
| Financial fixed assets | 28 | €1,380 | €0 | -€1,380 | -100% |
| Current assets | 29/58 | €490,724 | €338,378 | -€152,346 | -31.0% |
| Stocks and contracts in progress | 3 | €96,870 | €117,700 | +€20,830 | +21.5% |
| Stocks | 30/36 | €96,870 | €117,700 | +€20,830 | +21.5% |
| Amounts receivable within one year | 40/41 | €109,941 | €89,103 | -€20,838 | -19.0% |
| Trade receivables | 40 | €75,988 | €83,917 | +€7,929 | +10.4% |
| Other amounts receivable | 41 | €33,954 | €5,187 | -€28,767 | -84.7% |
| Cash at bank and in hand | 54/58 | €276,419 | €124,994 | -€151,425 | -54.8% |
| Deferred charges and accrued income | 490/1 | €7,494 | €6,581 | -€913 | -12.2% |
| Total equity and liabilities | 10/49 | €641,630 | €509,509 | -€132,121 | -20.6% |
| Equity | 10/15 | €102,621 | €225,364 | +€122,742 | +120% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €84,021 | €206,764 | +€122,742 | +146% |
| Distributable reserves | 133 | €84,021 | €206,764 | +€122,742 | +146% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €539,008 | €284,145 | -€254,863 | -47.3% |
| Amounts payable after more than one year | 17 | €59,584 | €44,735 | -€14,848 | -24.9% |
| Financial debts | 170/4 | €59,584 | €44,735 | -€14,848 | -24.9% |
| Amounts payable within one year | 42/48 | €479,425 | €239,394 | -€240,031 | -50.1% |
| Current portion of amounts payable after more than one year | 42 | €25,807 | €30,928 | +€5,122 | +19.8% |
| Financial debts | 43 | - | €8,452 | +€8,452 | |
| Credit institutions | 430/8 | - | €8,452 | +€8,452 | |
| Trade debts | 44 | €199,209 | €98,692 | -€100,517 | -50.5% |
| Suppliers | 440/4 | €199,209 | €98,692 | -€100,517 | -50.5% |
| Taxes, remuneration and social security | 45 | €35,064 | €38,289 | +€3,225 | +9.2% |
| Taxes | 450/3 | €13,270 | €3,886 | -€9,384 | -70.7% |
| Remuneration and social security | 454/9 | €21,794 | €34,403 | +€12,609 | +57.9% |
| Other amounts payable | 47/48 | €219,344 | €63,033 | -€156,312 | -71.3% |
| Accrued charges and deferred income | 492/3 | - | €16 | +€16 | |
| Remuneration, social security and pensions | 62 | €310,735 | €338,382 | +€27,648 | +8.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,597 | €37,915 | +€9,318 | +32.6% |
| Other operating charges | 640/8 | €1,814 | €6,485 | +€4,671 | +257% |
| Gross operating margin | 9900 | €441,816 | €537,339 | +€95,523 | +21.6% |
| Operating profit (loss) | 9901 | €100,670 | €154,557 | +€53,886 | +53.5% |
| Financial income | 75/76B | €9,330 | €7,260 | -€2,071 | -22.2% |
| Recurring financial income | 75 | €9,330 | €7,260 | -€2,071 | -22.2% |
| Financial charges | 65/66B | €2,831 | €3,329 | +€498 | +17.6% |
| Recurring financial charges | 65 | €2,831 | €3,329 | +€498 | +17.6% |
| Profit (loss) for the period before taxes | 9903 | €107,169 | €158,487 | +€51,318 | +47.9% |
| Income taxes | 67/77 | €23,148 | €35,745 | +€12,597 | +54.4% |
| Profit (loss) for the period | 9904 | €84,021 | €122,742 | +€38,721 | +46.1% |
| Profit (loss) for the period to be appropriated | 9905 | €84,021 | €122,742 | +€38,721 | +46.1% |
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 16 October 2026 via checked.be.