JESS: 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.
JESS
Largest movements
- Tangible fixed assets -€65,334
down €65,334 (-6.6%), from €988,278 to €922,944
of which Land and buildings: -€43,614
- Cash -€37,642
down €37,642 (-19.9%), from €188,708 to €151,066
mainly Other debts (-€81,397) and Contributions, distributions and other (-€26,612)
- Other debts -€81,397
down €81,397 (-21.2%), from €384,351 to €302,955
- Debts after one year -€13,500
down €13,500 (-66.3%), from €20,365 to €6,864
of which Financial debts: -€13,500
- Financial charges -€7,384
down €7,384 (-23.2%), from €31,797 to €24,414
- Taxes +€1,744
up €1,744 (+22.5%), from €7,756 to €9,501
- Gross operating margin -€1,721
down €1,721 (-1.3%), from €132,769 to €131,048
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 | €1,180,879 | €1,078,736 | -€102,143 | -8.6% |
| Fixed assets | 21/28 | €988,278 | €922,944 | -€65,334 | -6.6% |
| Tangible fixed assets | 22/27 | €988,278 | €922,944 | -€65,334 | -6.6% |
| Land and buildings | 22 | €940,417 | €896,802 | -€43,614 | -4.6% |
| Plant, machinery and equipment | 23 | €227 | €0 | -€227 | -100.0% |
| Furniture and vehicles | 24 | €1,475 | €783 | -€692 | -46.9% |
| Leasing and similar rights | 25 | €46,159 | €25,359 | -€20,800 | -45.1% |
| Current assets | 29/58 | €192,601 | €155,791 | -€36,809 | -19.1% |
| Amounts receivable within one year | 40/41 | €3,205 | €4,038 | +€833 | +26.0% |
| Trade receivables | 40 | €3,205 | €4,038 | +€833 | +26.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €188,708 | €151,066 | -€37,642 | -19.9% |
| Deferred charges and accrued income | 490/1 | €688 | €688 | -€0 | 0.0% |
| Total equity and liabilities | 10/49 | €1,180,879 | €1,078,736 | -€102,143 | -8.6% |
| Equity | 10/15 | €749,269 | €742,170 | -€7,099 | -0.9% |
| Contributions | 10/11 | €559,226 | €559,226 | = | 0.0% |
| Reserves | 13 | €190,042 | €182,944 | -€7,099 | -3.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €190,042 | €182,944 | -€7,099 | -3.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €431,610 | €336,566 | -€95,044 | -22.0% |
| Amounts payable after more than one year | 17 | €20,365 | €6,864 | -€13,500 | -66.3% |
| Financial debts | 170/4 | €20,115 | €6,614 | -€13,500 | -67.1% |
| Other amounts payable | 178/9 | €250 | €250 | = | 0.0% |
| Amounts payable within one year | 42/48 | €410,178 | €329,584 | -€80,594 | -19.6% |
| Current portion of amounts payable after more than one year | 42 | €16,165 | €14,854 | -€1,311 | -8.1% |
| Trade debts | 44 | €0 | €1,137 | +€1,137 | |
| Suppliers | 440/4 | €0 | €1,137 | +€1,137 | |
| Taxes, remuneration and social security | 45 | €9,662 | €10,638 | +€977 | +10.1% |
| Taxes | 450/3 | €9,662 | €10,638 | +€977 | +10.1% |
| Other amounts payable | 47/48 | €384,351 | €302,955 | -€81,397 | -21.2% |
| Accrued charges and deferred income | 492/3 | €1,068 | €118 | -€950 | -89.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,564 | €65,334 | -€231 | -0.4% |
| Other operating charges | 640/8 | €11,938 | €12,287 | +€349 | +2.9% |
| Gross operating margin | 9900 | €132,769 | €131,048 | -€1,721 | -1.3% |
| Operating profit (loss) | 9901 | €55,267 | €53,428 | -€1,839 | -3.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €31,797 | €24,414 | -€7,384 | -23.2% |
| Recurring financial charges | 65 | €31,797 | €24,414 | -€7,384 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | €23,470 | €29,014 | +€5,545 | +23.6% |
| Income taxes | 67/77 | €7,756 | €9,501 | +€1,744 | +22.5% |
| Profit (loss) for the period | 9904 | €15,713 | €19,514 | +€3,800 | +24.2% |
| Profit (loss) for the period to be appropriated | 9905 | €15,713 | €19,514 | +€3,800 | +24.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.