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
- Tangible fixed assets -€7,781
down €7,781 (-14.7%), from €52,755 to €44,974
of which Other tangible fixed assets: -€6,936
- Cash -€7,628
down €7,628 (-73.1%), from €10,437 to €2,809
mainly Net result for the year (-€29,834) and Tax, wage and social debts (-€11,113)
- Receivables within one year +€2,178
up €2,178 (+4.2%), from €52,144 to €54,323
of which Other amounts receivable: +€11,297
- Receivables after one year +€1,825
up €1,825 (+8.0%), from €22,816 to €24,642
- Trade debts +€37,080
up €37,080 (+83.3%), from €44,501 to €81,581
- Reserves -€29,834
down €29,834 (-69.6%), from €42,872 to €13,038
- Tax, wage and social debts -€11,113
down €11,113 (-68.5%), from €16,213 to €5,100
- Current portion of long-term debt -€6,350
down €6,350 (-83.2%), from €7,631 to €1,282
- Gross operating margin -€29,604
down €29,604, from €20,669 to -€8,935
- Other operating charges +€8,721
up €8,721 (+160%), from €5,459 to €14,179
- Taxes -€3,420
down €3,420 (-93.7%), from €3,650 to €230
- Financial income +€1,599
up €1,599 (+90.9%), from €1,759 to €3,358
- Financial charges +€700
up €700 (+51.2%), from €1,367 to €2,067
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €138,152 | €126,747 | -€11,405 | -8.3% |
| Fixed assets | 21/28 | €52,755 | €44,974 | -€7,781 | -14.7% |
| Tangible fixed assets | 22/27 | €52,755 | €44,974 | -€7,781 | -14.7% |
| Plant, machinery and equipment | 23 | €7 | €0 | -€7 | -100% |
| Furniture and vehicles | 24 | €2,783 | €1,945 | -€838 | -30.1% |
| Other tangible fixed assets | 26 | €49,965 | €43,030 | -€6,936 | -13.9% |
| Current assets | 29/58 | €85,397 | €81,773 | -€3,624 | -4.2% |
| Amounts receivable after more than one year | 29 | €22,816 | €24,642 | +€1,825 | +8.0% |
| Other amounts receivable | 291 | €22,816 | €24,642 | +€1,825 | +8.0% |
| Amounts receivable within one year | 40/41 | €52,144 | €54,323 | +€2,178 | +4.2% |
| Trade receivables | 40 | €33,363 | €24,244 | -€9,119 | -27.3% |
| Other amounts receivable | 41 | €18,781 | €30,078 | +€11,297 | +60.1% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €10,437 | €2,809 | -€7,628 | -73.1% |
| Total equity and liabilities | 10/49 | €138,152 | €126,747 | -€11,405 | -8.3% |
| Equity | 10/15 | €45,372 | €15,538 | -€29,834 | -65.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €42,872 | €13,038 | -€29,834 | -69.6% |
| Distributable reserves | 133 | €42,872 | €13,038 | -€29,834 | -69.6% |
| Amounts payable | 17/49 | €92,780 | €111,209 | +€18,429 | +19.9% |
| Amounts payable after more than one year | 17 | €24,067 | €22,785 | -€1,282 | -5.3% |
| Financial debts | 170/4 | €24,067 | €22,785 | -€1,282 | -5.3% |
| Amounts payable within one year | 42/48 | €68,590 | €88,423 | +€19,834 | +28.9% |
| Current portion of amounts payable after more than one year | 42 | €7,631 | €1,282 | -€6,350 | -83.2% |
| Financial debts | 43 | €244 | €460 | +€216 | +88.5% |
| Credit institutions | 430/8 | €244 | €460 | +€216 | +88.5% |
| Trade debts | 44 | €44,501 | €81,581 | +€37,080 | +83.3% |
| Suppliers | 440/4 | €44,501 | €81,581 | +€37,080 | +83.3% |
| Taxes, remuneration and social security | 45 | €16,213 | €5,100 | -€11,113 | -68.5% |
| Taxes | 450/3 | €16,213 | €5,100 | -€11,113 | -68.5% |
| Accrued charges and deferred income | 492/3 | €123 | €0 | -€123 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,843 | €7,781 | -€63 | -0.8% |
| Other operating charges | 640/8 | €5,459 | €14,179 | +€8,721 | +160% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €20,669 | -€8,935 | -€29,604 | |
| Operating profit (loss) | 9901 | €7,367 | -€30,895 | -€38,262 | |
| Financial income | 75/76B | €1,759 | €3,358 | +€1,599 | +90.9% |
| Recurring financial income | 75 | €1,759 | €3,358 | +€1,599 | +90.9% |
| Financial charges | 65/66B | €1,367 | €2,067 | +€700 | +51.2% |
| Recurring financial charges | 65 | €1,367 | €2,067 | +€700 | +51.2% |
| Profit (loss) for the period before taxes | 9903 | €7,758 | -€29,604 | -€37,363 | |
| Income taxes | 67/77 | €3,650 | €230 | -€3,420 | -93.7% |
| Profit (loss) for the period | 9904 | €4,109 | -€29,834 | -€33,943 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,109 | -€29,834 | -€33,943 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.