Jes@: 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.
Jes@
Largest movements
- Receivables within one year +€51,395
up €51,395 (+23.1%), from €222,232 to €273,627
of which Trade receivables: +€28,165
- Stocks and contracts +€35,559
up €35,559 (+21.6%), from €164,300 to €199,859
- Tangible fixed assets -€14,718
down €14,718 (-15.9%), from €92,458 to €77,740
of which Plant, machinery and equipment: -€7,881
- Debts after one year -€60,639
down €60,639 (-58.4%), from €103,784 to €43,145
of which Trade debts: -€45,038
- Profit (loss) carried forward +€54,675
up €54,675 (+60.5%), from €90,432 to €145,107
- Trade debts +€38,762
up €38,762 (+34.3%), from €112,900 to €151,662
- Tax, wage and social debts +€21,224
up €21,224 (+50.3%), from €42,156 to €63,380
of which Taxes: +€21,037
- Other debts +€17,429
up €17,429 (+148.3%), from €11,755 to €29,183
- Gross operating margin +€28,216
up €28,216 (+19.8%), from €142,296 to €170,512
- Taxes +€7,672
up €7,672 (+49.5%), from €15,498 to €23,169
- Staff costs -€4,224
down €4,224 (-6.2%), from €68,658 to €64,434
- Depreciation +€3,613
up €3,613 (+22.4%), from €16,105 to €19,718
- Financial charges -€1,801
down €1,801 (-21.4%), from €8,436 to €6,635
of which Financial charges: -€1,201
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 | €483,988 | €560,956 | +€76,968 | +15.9% |
| Fixed assets | 21/28 | €92,458 | €77,740 | -€14,718 | -15.9% |
| Tangible fixed assets | 22/27 | €92,458 | €77,740 | -€14,718 | -15.9% |
| Plant, machinery and equipment | 23 | €56,351 | €48,471 | -€7,881 | -14.0% |
| Furniture and vehicles | 24 | €4,595 | €4,633 | +€37 | +0.8% |
| Leasing and similar rights | 25 | €31,512 | €24,636 | -€6,875 | -21.8% |
| Current assets | 29/58 | €391,530 | €483,216 | +€91,686 | +23.4% |
| Stocks and contracts in progress | 3 | €164,300 | €199,859 | +€35,559 | +21.6% |
| Stocks | 30/36 | €164,300 | €199,859 | +€35,559 | +21.6% |
| Amounts receivable within one year | 40/41 | €222,232 | €273,627 | +€51,395 | +23.1% |
| Trade receivables | 40 | €131,379 | €159,544 | +€28,165 | +21.4% |
| Other amounts receivable | 41 | €90,853 | €114,083 | +€23,230 | +25.6% |
| Cash at bank and in hand | 54/58 | €4,295 | €4,174 | -€121 | -2.8% |
| Deferred charges and accrued income | 490/1 | €704 | €5,557 | +€4,853 | +689.8% |
| Total equity and liabilities | 10/49 | €483,988 | €560,956 | +€76,968 | +15.9% |
| Equity | 10/15 | €98,492 | €153,167 | +€54,675 | +55.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €90,432 | €145,107 | +€54,675 | +60.5% |
| Amounts payable | 17/49 | €385,497 | €407,789 | +€22,293 | +5.8% |
| Amounts payable after more than one year | 17 | €103,784 | €43,145 | -€60,639 | -58.4% |
| Financial debts | 170/4 | €58,746 | €43,145 | -€15,601 | -26.6% |
| Trade debts | 175 | €45,038 | - | -€45,038 | |
| Amounts payable within one year | 42/48 | €281,713 | €364,645 | +€82,932 | +29.4% |
| Current portion of amounts payable after more than one year | 42 | €15,212 | €15,601 | +€389 | +2.6% |
| Financial debts | 43 | €99,690 | €104,818 | +€5,128 | +5.1% |
| Credit institutions | 430/8 | €99,690 | €104,818 | +€5,128 | +5.1% |
| Trade debts | 44 | €112,900 | €151,662 | +€38,762 | +34.3% |
| Suppliers | 440/4 | €112,900 | €151,662 | +€38,762 | +34.3% |
| Taxes, remuneration and social security | 45 | €42,156 | €63,380 | +€21,224 | +50.3% |
| Taxes | 450/3 | €34,272 | €55,309 | +€21,037 | +61.4% |
| Remuneration and social security | 454/9 | €7,885 | €8,072 | +€187 | +2.4% |
| Other amounts payable | 47/48 | €11,755 | €29,183 | +€17,429 | +148.3% |
| Remuneration, social security and pensions | 62 | €68,658 | €64,434 | -€4,224 | -6.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,105 | €19,718 | +€3,613 | +22.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €367 | €1,254 | +€888 | +242.1% |
| Other operating charges | 640/8 | €675 | €590 | -€84 | -12.5% |
| Non-recurring operating charges | 66A | €498 | €420 | -€78 | -15.7% |
| Gross operating margin | 9900 | €142,296 | €170,512 | +€28,216 | +19.8% |
| Operating profit (loss) | 9901 | €55,993 | €84,094 | +€28,101 | +50.2% |
| Financial income | 75/76B | €897 | €385 | -€513 | -57.1% |
| Recurring financial income | 75 | €524 | €121 | -€403 | -76.8% |
| Non-recurring financial income | 76B | €373 | €264 | -€110 | -29.4% |
| Financial charges | 65/66B | €8,436 | €6,635 | -€1,801 | -21.4% |
| Recurring financial charges | 65 | €7,836 | €6,635 | -€1,201 | -15.3% |
| Non-recurring financial charges | 66B | €601 | - | -€601 | |
| Profit (loss) for the period before taxes | 9903 | €48,454 | €77,844 | +€29,390 | +60.7% |
| Income taxes | 67/77 | €15,498 | €23,169 | +€7,672 | +49.5% |
| Profit (loss) for the period | 9904 | €32,957 | €54,675 | +€21,718 | +65.9% |
| Profit (loss) for the period to be appropriated | 9905 | €32,957 | €54,675 | +€21,718 | +65.9% |
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 11 October 2026 via checked.be.