JES: 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.
JES
Largest movements
- Receivables within one year -€28,351
down €28,351 (-36.7%), from €77,286 to €48,935
of which Trade receivables: -€31,840
- Cash +€20,444
up €20,444 (+4849.5%), from €422 to €20,866
mainly Receivables within one year (+€28,351) and Other debts (+€11,563)
- Deferred charges and accrued income -€3,931
down €3,931 (-100.0%), from €3,931 to €0
- Tangible fixed assets -€2,256
down €2,256 (-100.0%), from €2,256 to €0
- Tax, wage and social debts -€15,776
down €15,776 (-100.0%), from €15,776 to €0
- Trade debts -€12,680
down €12,680 (-88.9%), from €14,260 to €1,580
- Other debts +€11,563
up €11,563 (+113.1%), from €10,224 to €21,786
- Reserves +€2,801
up €2,801 (+7.1%), from €39,634 to €42,435
- Gross operating margin -€6,745
down €6,745 (-47.0%), from €14,360 to €7,616
- Taxes -€2,125
down €2,125 (-64.4%), from €3,299 to €1,174
- Financial charges +€664
up €664 (+70.7%), from €939 to €1,603
- Other operating charges +€384
up €384 (+159.6%), from €240 to €624
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 | €85,894 | €71,801 | -€14,093 | -16.4% |
| Fixed assets | 21/28 | €4,256 | €2,000 | -€2,256 | -53.0% |
| Tangible fixed assets | 22/27 | €2,256 | €0 | -€2,256 | -100.0% |
| Furniture and vehicles | 24 | €2,256 | €0 | -€2,256 | -100.0% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €81,638 | €69,801 | -€11,837 | -14.5% |
| Amounts receivable within one year | 40/41 | €77,286 | €48,935 | -€28,351 | -36.7% |
| Trade receivables | 40 | €51,840 | €20,000 | -€31,840 | -61.4% |
| Other amounts receivable | 41 | €25,446 | €28,935 | +€3,489 | +13.7% |
| Cash at bank and in hand | 54/58 | €422 | €20,866 | +€20,444 | +4849.5% |
| Deferred charges and accrued income | 490/1 | €3,931 | €0 | -€3,931 | -100.0% |
| Total equity and liabilities | 10/49 | €85,894 | €71,801 | -€14,093 | -16.4% |
| Equity | 10/15 | €45,634 | €48,435 | +€2,801 | +6.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €39,634 | €42,435 | +€2,801 | +7.1% |
| Distributable reserves | 133 | €39,634 | €42,435 | +€2,801 | +7.1% |
| Amounts payable | 17/49 | €40,260 | €23,366 | -€16,894 | -42.0% |
| Amounts payable within one year | 42/48 | €40,260 | €23,366 | -€16,894 | -42.0% |
| Trade debts | 44 | €14,260 | €1,580 | -€12,680 | -88.9% |
| Suppliers | 440/4 | €14,260 | €1,580 | -€12,680 | -88.9% |
| Taxes, remuneration and social security | 45 | €15,776 | €0 | -€15,776 | -100.0% |
| Taxes | 450/3 | €15,776 | €0 | -€15,776 | -100.0% |
| Other amounts payable | 47/48 | €10,224 | €21,786 | +€11,563 | +113.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,306 | €2,256 | -€51 | -2.2% |
| Other operating charges | 640/8 | €240 | €624 | +€384 | +159.6% |
| Gross operating margin | 9900 | €14,360 | €7,616 | -€6,745 | -47.0% |
| Operating profit (loss) | 9901 | €11,814 | €4,736 | -€7,078 | -59.9% |
| Financial income | 75/76B | €936 | €843 | -€93 | -10.0% |
| Recurring financial income | 75 | €936 | €843 | -€93 | -10.0% |
| Financial charges | 65/66B | €939 | €1,603 | +€664 | +70.7% |
| Recurring financial charges | 65 | €939 | €1,603 | +€664 | +70.7% |
| Profit (loss) for the period before taxes | 9903 | €11,811 | €3,976 | -€7,835 | -66.3% |
| Income taxes | 67/77 | €3,299 | €1,174 | -€2,125 | -64.4% |
| Profit (loss) for the period | 9904 | €8,512 | €2,801 | -€5,711 | -67.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,512 | €2,801 | -€5,711 | -67.1% |
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 8 October 2026 via checked.be.