JES Ventures: 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 Ventures
Largest movements
- Cash +€5,535
up €5,535 (+109%), from €5,086 to €10,620
mainly Net result for the year (+€4,992) and Trade debts (+€3,970)
- Receivables within one year -€3,832
down €3,832 (-20.8%), from €18,427 to €14,594
of which Trade receivables: -€4,618
- Intangible fixed assets +€3,155
new in 2025: €3,155
- Tangible fixed assets +€528
up €528 (+15.0%), from €3,520 to €4,048
- Other debts -€6,093
down €6,093 (-37.0%), from €16,473 to €10,380
- Profit (loss) carried forward +€4,992
up €4,992, from -€2,094 to €2,898
- Trade debts +€3,970
up €3,970 (+2,161%), from €184 to €4,153
- Tax, wage and social debts +€1,916
up €1,916 (+29.8%), from €6,431 to €8,347
- Short-term financial debts +€534
new in 2025: €534
- Gross operating margin +€7,000
up €7,000 (+130%), from €5,395 to €12,395
- Taxes +€2,847
up €2,847 (+313%), from €909 to €3,755
- Other operating charges -€1,271
down €1,271 (-45.6%), from €2,786 to €1,515
- Depreciation +€1,083
up €1,083 (+125%), from €869 to €1,951
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 | €30,994 | €36,313 | +€5,319 | +17.2% |
| Fixed assets | 21/28 | €3,520 | €7,203 | +€3,683 | +105% |
| Intangible fixed assets | 21 | - | €3,155 | +€3,155 | |
| Tangible fixed assets | 22/27 | €3,520 | €4,048 | +€528 | +15.0% |
| Plant, machinery and equipment | 23 | €3,520 | €4,048 | +€528 | +15.0% |
| Current assets | 29/58 | €27,474 | €29,110 | +€1,636 | +6.0% |
| Amounts receivable within one year | 40/41 | €18,427 | €14,594 | -€3,832 | -20.8% |
| Trade receivables | 40 | €18,363 | €13,746 | -€4,618 | -25.1% |
| Other amounts receivable | 41 | €63 | €849 | +€785 | +1,238% |
| Cash at bank and in hand | 54/58 | €5,086 | €10,620 | +€5,535 | +109% |
| Deferred charges and accrued income | 490/1 | €3,961 | €3,895 | -€66 | -1.7% |
| Total equity and liabilities | 10/49 | €30,994 | €36,313 | +€5,319 | +17.2% |
| Equity | 10/15 | €7,906 | €12,898 | +€4,992 | +63.1% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €8,500 | €8,500 | = | 0.0% |
| Distributable reserves | 133 | €8,500 | €8,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,094 | €2,898 | +€4,992 | |
| Amounts payable | 17/49 | €23,088 | €23,415 | +€327 | +1.4% |
| Amounts payable within one year | 42/48 | €23,088 | €23,415 | +€327 | +1.4% |
| Financial debts | 43 | - | €534 | +€534 | |
| Credit institutions | 430/8 | - | €534 | +€534 | |
| Trade debts | 44 | €184 | €4,153 | +€3,970 | +2,161% |
| Suppliers | 440/4 | €184 | €4,153 | +€3,970 | +2,161% |
| Taxes, remuneration and social security | 45 | €6,431 | €8,347 | +€1,916 | +29.8% |
| Taxes | 450/3 | €6,431 | €8,347 | +€1,916 | +29.8% |
| Other amounts payable | 47/48 | €16,473 | €10,380 | -€6,093 | -37.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €869 | €1,951 | +€1,083 | +125% |
| Other operating charges | 640/8 | €2,786 | €1,515 | -€1,271 | -45.6% |
| Gross operating margin | 9900 | €5,395 | €12,395 | +€7,000 | +130% |
| Operating profit (loss) | 9901 | €1,740 | €8,929 | +€7,189 | +413% |
| Financial income | 75/76B | €10 | €29 | +€19 | +186% |
| Recurring financial income | 75 | €10 | €29 | +€19 | +186% |
| Financial charges | 65/66B | €243 | €212 | -€31 | -12.8% |
| Recurring financial charges | 65 | €243 | €212 | -€31 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €1,508 | €8,747 | +€7,239 | +480% |
| Income taxes | 67/77 | €909 | €3,755 | +€2,847 | +313% |
| Profit (loss) for the period | 9904 | €599 | €4,992 | +€4,392 | +733% |
| Profit (loss) for the period to be appropriated | 9905 | €599 | €4,992 | +€4,392 | +733% |
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 29 October 2026 via checked.be.