Jespo: what changed
Jespo
Largest movements
- Cash -€44,841
down €44,841 (-19.6%), from €229,362 to €184,520
mainly Net result for the year (-€33,087) and Debts after one year (-€19,640)
- Tangible fixed assets -€22,076
down €22,076 (-86.6%), from €25,486 to €3,409
of which Furniture and vehicles: -€20,965
- Receivables within one year +€15,315
up €15,315 (+106%), from €14,502 to €29,817
of which Trade receivables: +€14,372
- Reserves -€33,087
down €33,087 (-14.6%), from €226,436 to €193,349
- Debts after one year -€19,640
down €19,640 (-100%), from €19,640 to €0
- Tax, wage and social debts -€14,766
down €14,766 (-82.3%), from €17,953 to €3,187
of which Taxes: -€13,516
- Other debts +€13,854
new in 2025: €13,854
- Gross operating margin -€88,837
down €88,837, from €70,716 to -€18,121
- Depreciation -€13,097
down €13,097 (-51.0%), from €25,697 to €12,600
- Taxes -€12,874
down €12,874 (-97.1%), from €13,255 to €380
- Financial charges -€1,129
down €1,129 (-82.1%), from €1,375 to €246
- Other operating charges -€1,094
down €1,094 (-38.6%), from €2,836 to €1,742
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €272,148 | €219,093 | -€53,055 | -19.5% |
| Fixed assets | 21/28 | €25,536 | €3,459 | -€22,076 | -86.5% |
| Tangible fixed assets | 22/27 | €25,486 | €3,409 | -€22,076 | -86.6% |
| Plant, machinery and equipment | 23 | €350 | €0 | -€350 | -100% |
| Furniture and vehicles | 24 | €21,319 | €354 | -€20,965 | -98.3% |
| Other tangible fixed assets | 26 | €3,817 | €3,056 | -€761 | -19.9% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €246,612 | €215,634 | -€30,978 | -12.6% |
| Amounts receivable within one year | 40/41 | €14,502 | €29,817 | +€15,315 | +106% |
| Trade receivables | 40 | €0 | €14,372 | +€14,372 | |
| Other amounts receivable | 41 | €14,502 | €15,446 | +€943 | +6.5% |
| Cash at bank and in hand | 54/58 | €229,362 | €184,520 | -€44,841 | -19.6% |
| Deferred charges and accrued income | 490/1 | €2,748 | €1,296 | -€1,452 | -52.8% |
| Total equity and liabilities | 10/49 | €272,148 | €219,093 | -€53,055 | -19.5% |
| Equity | 10/15 | €232,636 | €199,549 | -€33,087 | -14.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €226,436 | €193,349 | -€33,087 | -14.6% |
| Distributable reserves | 133 | €226,436 | €193,349 | -€33,087 | -14.6% |
| Amounts payable | 17/49 | €39,512 | €19,544 | -€19,968 | -50.5% |
| Amounts payable after more than one year | 17 | €19,640 | €0 | -€19,640 | -100% |
| Other amounts payable | 178/9 | €19,640 | €0 | -€19,640 | -100% |
| Amounts payable within one year | 42/48 | €19,873 | €19,544 | -€328 | -1.7% |
| Trade debts | 44 | €1,920 | €2,503 | +€584 | +30.4% |
| Suppliers | 440/4 | €1,920 | €2,503 | +€584 | +30.4% |
| Taxes, remuneration and social security | 45 | €17,953 | €3,187 | -€14,766 | -82.3% |
| Taxes | 450/3 | €16,703 | €3,187 | -€13,516 | -80.9% |
| Remuneration and social security | 454/9 | €1,250 | €0 | -€1,250 | -100% |
| Other amounts payable | 47/48 | - | €13,854 | +€13,854 | |
| Non-recurring operating income | 76A | - | €3,334 | +€3,334 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,697 | €12,600 | -€13,097 | -51.0% |
| Other operating charges | 640/8 | €2,836 | €1,742 | -€1,094 | -38.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €70,716 | -€18,121 | -€88,837 | |
| Operating profit (loss) | 9901 | €42,183 | -€32,464 | -€74,646 | |
| Financial income | 75/76B | €12 | €3 | -€9 | -74.1% |
| Recurring financial income | 75 | €12 | €3 | -€9 | -74.1% |
| Financial charges | 65/66B | €1,375 | €246 | -€1,129 | -82.1% |
| Recurring financial charges | 65 | €1,375 | €246 | -€1,129 | -82.1% |
| Profit (loss) for the period before taxes | 9903 | €40,820 | -€32,707 | -€73,527 | |
| Income taxes | 67/77 | €13,255 | €380 | -€12,874 | -97.1% |
| Profit (loss) for the period | 9904 | €27,566 | -€33,087 | -€60,652 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,566 | -€33,087 | -€60,652 |
Next steps
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 5 November 2026 via checked.be.