JESPERS: what changed
What changed
JESPERS
NACE 68.110, Buying and selling of own real estate
filed annual accounts (NBB)
Net result for the year
€21,258
2024 · €5,630+€15,628
Equity
€1.6m
2024 · €1.6m+€21,258
Cash
€11,156
2024 · €10,884+€272
Balance sheet total
€4.5m
2024 · €4.6m-€40,270
Largest movements
Assets
- Tangible fixed assets -€99,537
down €99,537 (-2.3%), from €4.3m to €4.2m
of which Land and buildings: -€138,438
Equity and liabilities
- Debts after one year -€63,107
down €63,107 (-2.3%), from €2.8m to €2.7m
of which Financial debts: -€67,183
Income statement
- Gross operating margin +€29,167
up €29,167 (+13.6%), from €213,703 to €242,870
- Depreciation +€11,416
up €11,416 (+7.0%), from €162,939 to €174,355
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€5,630
Gross operating margin
+€29,167
Depreciation
-€11,416
Other operating charges
-€1,479
Financial income
+€26
Financial charges
-€671
Result 2025
€21,258
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€135,080
Investment
-€74,818
Financing
-€59,991
Cash 2024
€10,884
From operations (derived)
+€135,080
Net result for the year
+€21,258
Depreciation
+€174,355
Stocks and contracts
-€30,375
Receivables within one year
+€2,547
Deferred charges and accrued income
-€31,167
Provisions
-€2,686
Trade debts
+€5,226
Tax, wage and social debts
-€423
Advances received
-€1,325
Other debts
-€1,610
Accrued charges and deferred income
-€719
Investment (derived)
-€74,818
Investment in fixed assets (net)
-€74,818
Financing
-€59,991
Debts after one year
-€63,107
Current portion of long-term debt
+€1,116
Short-term financial debts
+€2,000
Cash 2025
€11,156
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,571,934 | €4,531,664 | -€40,270 | -0.9% |
| Fixed assets | 21/28 | €4,306,627 | €4,207,090 | -€99,537 | -2.3% |
| Tangible fixed assets | 22/27 | €4,306,627 | €4,207,090 | -€99,537 | -2.3% |
| Land and buildings | 22 | €4,243,310 | €4,104,872 | -€138,438 | -3.3% |
| Plant, machinery and equipment | 23 | €3,258 | €2,691 | -€568 | -17.4% |
| Furniture and vehicles | 24 | €60,058 | €99,526 | +€39,468 | +65.7% |
| Current assets | 29/58 | €265,307 | €324,574 | +€59,267 | +22.3% |
| Stocks and contracts in progress | 3 | €238,137 | €268,512 | +€30,375 | +12.8% |
| Stocks | 30/36 | €238,137 | €268,512 | +€30,375 | +12.8% |
| Amounts receivable within one year | 40/41 | €10,391 | €7,844 | -€2,547 | -24.5% |
| Trade receivables | 40 | €10,391 | €7,844 | -€2,547 | -24.5% |
| Cash at bank and in hand | 54/58 | €10,884 | €11,156 | +€272 | +2.5% |
| Deferred charges and accrued income | 490/1 | €5,895 | €37,063 | +€31,167 | +529% |
| Total equity and liabilities | 10/49 | €4,571,934 | €4,531,664 | -€40,270 | -0.9% |
| Equity | 10/15 | €1,627,632 | €1,648,890 | +€21,258 | +1.3% |
| Contributions | 10/11 | €1,368,332 | €1,368,332 | = | 0.0% |
| Capital | 10 | €1,368,332 | €1,368,332 | = | 0.0% |
| Issued capital | 100 | €1,368,332 | €1,368,332 | = | 0.0% |
| Reserves | 13 | €259,300 | €280,558 | +€21,258 | +8.2% |
| Non-distributable reserves | 130/1 | €37,615 | €39,081 | +€1,466 | +3.9% |
| Legal reserve | 130 | €37,615 | €39,081 | +€1,466 | +3.9% |
| Tax-exempt reserves | 132 | €163,372 | €155,314 | -€8,058 | -4.9% |
| Distributable reserves | 133 | €58,313 | €86,163 | +€27,850 | +47.8% |
| Provisions and deferred taxes | 16 | €54,457 | €51,772 | -€2,686 | -4.9% |
| Deferred taxes | 168 | €54,457 | €51,772 | -€2,686 | -4.9% |
| Amounts payable | 17/49 | €2,889,844 | €2,831,002 | -€58,842 | -2.0% |
| Amounts payable after more than one year | 17 | €2,764,010 | €2,700,903 | -€63,107 | -2.3% |
| Financial debts | 170/4 | €478,255 | €411,072 | -€67,183 | -14.0% |
| Other amounts payable | 178/9 | €2,285,755 | €2,289,831 | +€4,076 | +0.2% |
| Amounts payable within one year | 42/48 | €120,989 | €125,973 | +€4,984 | +4.1% |
| Current portion of amounts payable after more than one year | 42 | €66,067 | €67,183 | +€1,116 | +1.7% |
| Financial debts | 43 | €33,000 | €35,000 | +€2,000 | +6.1% |
| Credit institutions | 430/8 | €33,000 | €35,000 | +€2,000 | +6.1% |
| Trade debts | 44 | €8,532 | €13,758 | +€5,226 | +61.3% |
| Suppliers | 440/4 | €8,532 | €13,758 | +€5,226 | +61.3% |
| Advances received on contracts in progress | 46 | €1,325 | - | -€1,325 | |
| Taxes, remuneration and social security | 45 | €2,810 | €2,387 | -€423 | -15.1% |
| Taxes | 450/3 | €2,810 | €2,387 | -€423 | -15.1% |
| Other amounts payable | 47/48 | €9,255 | €7,645 | -€1,610 | -17.4% |
| Accrued charges and deferred income | 492/3 | €4,845 | €4,126 | -€719 | -14.8% |
| Non-recurring operating income | 76A | - | €1,240 | +€1,240 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €162,939 | €174,355 | +€11,416 | +7.0% |
| Other operating charges | 640/8 | €33,334 | €34,813 | +€1,479 | +4.4% |
| Gross operating margin | 9900 | €213,703 | €242,870 | +€29,167 | +13.6% |
| Operating profit (loss) | 9901 | €17,430 | €33,702 | +€16,272 | +93.4% |
| Financial income | 75/76B | €0 | €27 | +€26 | +9,069% |
| Recurring financial income | 75 | €0 | €27 | +€26 | +9,069% |
| Financial charges | 65/66B | €14,486 | €15,157 | +€671 | +4.6% |
| Recurring financial charges | 65 | €14,486 | €15,157 | +€671 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | €2,944 | €18,572 | +€15,628 | +531% |
| Transfer from deferred taxes | 780 | €2,686 | €2,686 | = | 0.0% |
| Profit (loss) for the period | 9904 | €5,630 | €21,258 | +€15,628 | +278% |
| Transfer from tax-exempt reserves | 789 | €8,058 | €8,058 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,688 | €29,316 | +€15,628 | +114% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.