JES BELGIUM SA: 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 BELGIUM SA
Largest movements
- Receivables within one year -€218,513
down €218,513 (-26.6%), from €820,093 to €601,580
of which Other amounts receivable: -€222,632
- Cash +€46,264
up €46,264 (+153%), from €30,160 to €76,423
mainly Net result for the year (+€388,577) and Receivables within one year (+€218,513)
- Other debts -€499,980
no longer reported in 2025 (was €499,980)
- Profit (loss) carried forward +€388,577
up €388,577 (+224%), from €173,699 to €562,275
- Trade debts -€71,276
down €71,276 (-35.9%), from €198,732 to €127,456
- Accrued charges and deferred income +€14,744
up €14,744 (+15.3%), from €96,283 to €111,028
- Gross operating margin -€21,048
down €21,048 (-2.8%), from €739,142 to €718,094
- Other operating charges -€10,857
down €10,857 (-97.8%), from €11,098 to €242
- Financial income -€7,902
down €7,902 (-45.5%), from €17,382 to €9,480
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 | €1,160,502 | €995,398 | -€165,104 | -14.2% |
| Fixed assets | 21/28 | €305,691 | €312,470 | +€6,779 | +2.2% |
| Tangible fixed assets | 22/27 | €305,691 | €312,470 | +€6,779 | +2.2% |
| Plant, machinery and equipment | 23 | €305,691 | €312,470 | +€6,779 | +2.2% |
| Current assets | 29/58 | €854,810 | €682,927 | -€171,883 | -20.1% |
| Stocks and contracts in progress | 3 | €816 | - | -€816 | |
| Stocks | 30/36 | €816 | - | -€816 | |
| Amounts receivable within one year | 40/41 | €820,093 | €601,580 | -€218,513 | -26.6% |
| Trade receivables | 40 | €215,978 | €220,097 | +€4,119 | +1.9% |
| Other amounts receivable | 41 | €604,115 | €381,483 | -€222,632 | -36.9% |
| Cash at bank and in hand | 54/58 | €30,160 | €76,423 | +€46,264 | +153% |
| Deferred charges and accrued income | 490/1 | €3,742 | €4,924 | +€1,182 | +31.6% |
| Total equity and liabilities | 10/49 | €1,160,502 | €995,398 | -€165,104 | -14.2% |
| Equity | 10/15 | €338,699 | €727,275 | +€388,577 | +115% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Capital | 10 | €150,000 | €150,000 | = | 0.0% |
| Issued capital | 100 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €15,000 | €15,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,000 | €15,000 | = | 0.0% |
| Legal reserve | 130 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €173,699 | €562,275 | +€388,577 | +224% |
| Amounts payable | 17/49 | €821,803 | €268,122 | -€553,681 | -67.4% |
| Amounts payable within one year | 42/48 | €725,520 | €157,095 | -€568,425 | -78.3% |
| Trade debts | 44 | €198,732 | €127,456 | -€71,276 | -35.9% |
| Suppliers | 440/4 | €198,732 | €127,456 | -€71,276 | -35.9% |
| Taxes, remuneration and social security | 45 | €26,808 | €29,638 | +€2,831 | +10.6% |
| Taxes | 450/3 | €19,382 | €19,133 | -€249 | -1.3% |
| Remuneration and social security | 454/9 | €7,426 | €10,505 | +€3,080 | +41.5% |
| Other amounts payable | 47/48 | €499,980 | - | -€499,980 | |
| Accrued charges and deferred income | 492/3 | €96,283 | €111,028 | +€14,744 | +15.3% |
| Non-recurring operating income | 76A | - | €3,760 | +€3,760 | |
| Remuneration, social security and pensions | 62 | €59,484 | €60,827 | +€1,343 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €145,142 | €149,045 | +€3,903 | +2.7% |
| Other operating charges | 640/8 | €11,098 | €242 | -€10,857 | -97.8% |
| Gross operating margin | 9900 | €739,142 | €718,094 | -€21,048 | -2.8% |
| Operating profit (loss) | 9901 | €523,418 | €507,980 | -€15,438 | -2.9% |
| Financial income | 75/76B | €17,382 | €9,480 | -€7,902 | -45.5% |
| Recurring financial income | 75 | €17,382 | €9,480 | -€7,902 | -45.5% |
| Financial charges | 65/66B | €266 | €247 | -€19 | -7.1% |
| Recurring financial charges | 65 | €266 | €247 | -€19 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €540,534 | €517,213 | -€23,321 | -4.3% |
| Income taxes | 67/77 | €135,654 | €128,637 | -€7,017 | -5.2% |
| Profit (loss) for the period | 9904 | €404,880 | €388,577 | -€16,303 | -4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €404,880 | €388,577 | -€16,303 | -4.0% |
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 23 October 2026 via checked.be.