JESS: 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.
JESS
Largest movements
- Tangible fixed assets +€170,377
up €170,377 (+77.6%), from €219,452 to €389,829
of which Land and buildings: +€152,865
- Receivables within one year +€19,289
up €19,289 (+114.9%), from €16,788 to €36,077
of which Trade receivables: +€19,263
- Debts after one year +€137,436
up €137,436 (+65.1%), from €211,096 to €348,532
- Other debts +€38,485
up €38,485 (+1480.2%), from €2,600 to €41,085
- Trade debts +€26,347
up €26,347 (+986.8%), from €2,670 to €29,017
- Profit (loss) carried forward -€10,996
down €10,996, from €602 to -€10,393
- Depreciation +€19,920
up €19,920 (+151.7%), from €13,135 to €33,055
- Gross operating margin +€11,484
up €11,484 (+60.8%), from €18,888 to €30,372
- Other operating charges +€3,927
up €3,927 (+338.5%), from €1,160 to €5,087
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 | €238,753 | €430,205 | +€191,452 | +80.2% |
| Fixed assets | 21/28 | €219,452 | €389,829 | +€170,377 | +77.6% |
| Tangible fixed assets | 22/27 | €219,452 | €389,829 | +€170,377 | +77.6% |
| Land and buildings | 22 | €219,452 | €372,316 | +€152,865 | +69.7% |
| Assets under construction and advance payments | 27 | - | €17,513 | +€17,513 | |
| Current assets | 29/58 | €19,301 | €40,375 | +€21,075 | +109.2% |
| Amounts receivable within one year | 40/41 | €16,788 | €36,077 | +€19,289 | +114.9% |
| Trade receivables | 40 | €8,000 | €27,263 | +€19,263 | +240.8% |
| Other amounts receivable | 41 | €8,788 | €8,814 | +€26 | +0.3% |
| Cash at bank and in hand | 54/58 | €1,180 | €2,543 | +€1,362 | +115.4% |
| Deferred charges and accrued income | 490/1 | €1,332 | €1,755 | +€423 | +31.8% |
| Total equity and liabilities | 10/49 | €238,753 | €430,205 | +€191,452 | +80.2% |
| Equity | 10/15 | €10,602 | -€393 | -€10,996 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €602 | -€10,393 | -€10,996 | |
| Amounts payable | 17/49 | €228,150 | €430,598 | +€202,448 | +88.7% |
| Amounts payable after more than one year | 17 | €211,096 | €348,532 | +€137,436 | +65.1% |
| Financial debts | 170/4 | €211,096 | €348,532 | +€137,436 | +65.1% |
| Amounts payable within one year | 42/48 | €17,054 | €82,066 | +€65,012 | +381.2% |
| Current portion of amounts payable after more than one year | 42 | €11,784 | €11,964 | +€179 | +1.5% |
| Trade debts | 44 | €2,670 | €29,017 | +€26,347 | +986.8% |
| Suppliers | 440/4 | €2,670 | €29,017 | +€26,347 | +986.8% |
| Other amounts payable | 47/48 | €2,600 | €41,085 | +€38,485 | +1480.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,135 | €33,055 | +€19,920 | +151.7% |
| Other operating charges | 640/8 | €1,160 | €5,087 | +€3,927 | +338.5% |
| Gross operating margin | 9900 | €18,888 | €30,372 | +€11,484 | +60.8% |
| Operating profit (loss) | 9901 | €4,593 | -€7,770 | -€12,363 | |
| Financial income | 75/76B | €405 | €324 | -€81 | -20.1% |
| Recurring financial income | 75 | €405 | €324 | -€81 | -20.1% |
| Financial charges | 65/66B | €3,640 | €3,549 | -€90 | -2.5% |
| Recurring financial charges | 65 | €3,640 | €3,549 | -€90 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | €1,358 | -€10,996 | -€12,354 | |
| Profit (loss) for the period | 9904 | €1,358 | -€10,996 | -€12,354 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,358 | -€10,996 | -€12,354 |
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 10 October 2026 via checked.be.