JEE: what changed
Two fiscal 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.
JEE
Largest movements
- Cash +€27,650
up €27,650 (+70.1%), from €39,460 to €67,110
mainly Net result for the year (+€23,101) and Depreciation (+€13,800)
- Tangible fixed assets -€12,582
down €12,582 (-30.9%), from €40,740 to €28,158
of which Furniture and vehicles: -€11,732
- Receivables within one year -€1,676
down €1,676 (-38.2%), from €4,382 to €2,706
of which Other amounts receivable: -€1,234
- Reserves +€21,266
up €21,266 (+61.4%), from €34,645 to €55,912
- Debts after one year -€7,225
down €7,225 (-43.2%), from €16,726 to €9,500
- Trade debts +€1,898
up €1,898 (+134.1%), from €1,416 to €3,314
- Gross operating margin +€14,994
up €14,994 (+41.0%), from €36,613 to €51,607
- Taxes +€3,569
up €3,569 (+75.7%), from €4,716 to €8,285
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.
Cash bridge derived
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 | €89,988 | €104,339 | +€14,351 | +15.9% |
| Fixed assets | 21/28 | €43,441 | €30,629 | -€12,812 | -29.5% |
| Intangible fixed assets | 21 | €601 | €371 | -€230 | -38.3% |
| Tangible fixed assets | 22/27 | €40,740 | €28,158 | -€12,582 | -30.9% |
| Land and buildings | 22 | - | €915 | +€915 | |
| Plant, machinery and equipment | 23 | €2,446 | €681 | -€1,765 | -72.2% |
| Furniture and vehicles | 24 | €38,294 | €26,563 | -€11,732 | -30.6% |
| Financial fixed assets | 28 | €2,100 | €2,100 | = | 0.0% |
| Current assets | 29/58 | €46,547 | €73,711 | +€27,164 | +58.4% |
| Stocks and contracts in progress | 3 | €1,638 | €2,266 | +€628 | +38.4% |
| Stocks | 30/36 | €1,638 | €2,266 | +€628 | +38.4% |
| Amounts receivable within one year | 40/41 | €4,382 | €2,706 | -€1,676 | -38.2% |
| Trade receivables | 40 | €1,678 | €1,236 | -€442 | -26.3% |
| Other amounts receivable | 41 | €2,704 | €1,470 | -€1,234 | -45.6% |
| Cash at bank and in hand | 54/58 | €39,460 | €67,110 | +€27,650 | +70.1% |
| Deferred charges and accrued income | 490/1 | €1,067 | €1,629 | +€561 | +52.6% |
| Total equity and liabilities | 10/49 | €89,988 | €104,339 | +€14,351 | +15.9% |
| Equity | 10/15 | €40,842 | €62,109 | +€21,266 | +52.1% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €34,645 | €55,912 | +€21,266 | +61.4% |
| Distributable reserves | 133 | €34,645 | €55,912 | +€21,266 | +61.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €49,145 | €42,230 | -€6,915 | -14.1% |
| Amounts payable after more than one year | 17 | €16,726 | €9,500 | -€7,225 | -43.2% |
| Financial debts | 170/4 | €16,726 | €9,500 | -€7,225 | -43.2% |
| Amounts payable within one year | 42/48 | €31,669 | €32,730 | +€1,060 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €6,908 | €7,225 | +€317 | +4.6% |
| Trade debts | 44 | €1,416 | €3,314 | +€1,898 | +134.1% |
| Suppliers | 440/4 | €1,416 | €3,314 | +€1,898 | +134.1% |
| Taxes, remuneration and social security | 45 | €11,619 | €10,647 | -€972 | -8.4% |
| Taxes | 450/3 | €11,619 | €10,647 | -€972 | -8.4% |
| Other amounts payable | 47/48 | €11,727 | €11,543 | -€183 | -1.6% |
| Accrued charges and deferred income | 492/3 | €750 | €0 | -€750 | -100.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,218 | €13,800 | -€418 | -2.9% |
| Other operating charges | 640/8 | €3,041 | €3,231 | +€190 | +6.3% |
| Gross operating margin | 9900 | €36,613 | €51,607 | +€14,994 | +41.0% |
| Operating profit (loss) | 9901 | €19,354 | €34,576 | +€15,222 | +78.7% |
| Financial income | 75/76B | €22 | €106 | +€84 | +382.6% |
| Recurring financial income | 75 | €22 | €106 | +€84 | +382.6% |
| Financial charges | 65/66B | €3,231 | €3,296 | +€65 | +2.0% |
| Recurring financial charges | 65 | €3,231 | €3,296 | +€65 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €16,145 | €31,386 | +€15,241 | +94.4% |
| Income taxes | 67/77 | €4,716 | €8,285 | +€3,569 | +75.7% |
| Profit (loss) for the period | 9904 | €11,429 | €23,101 | +€11,672 | +102.1% |
| Profit (loss) for the period to be appropriated | 9905 | €11,429 | €23,101 | +€11,672 | +102.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.