JESS AND JAMES: 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 AND JAMES
Largest movements
- Tangible fixed assets -€55,766
down €55,766 (-4.9%), from €1.1m to €1.1m
of which Land and buildings: -€55,766
- Receivables within one year +€40,205
up €40,205 (+72.2%), from €55,690 to €95,895
of which Trade receivables: +€40,205
- Cash -€33,084
down €33,084 (-74.7%), from €44,279 to €11,195
mainly Other debts (-€99,689) and Receivables within one year (-€40,205)
- Other debts -€99,689
down €99,689 (-20.1%), from €495,675 to €395,986
- Reserves +€87,693
up €87,693 (+10.5%), from €831,347 to €919,040
- Tax, wage and social debts -€19,181
down €19,181 (-41.8%), from €45,933 to €26,752
- Gross operating margin -€18,341
down €18,341 (-8.9%), from €207,092 to €188,751
- Financial charges -€11,428
down €11,428 (-26.6%), from €42,945 to €31,516
of which Financial charges: -€11,428
- Financial income -€4,374
down €4,374 (-10.1%), from €43,118 to €38,744
of which Non-recurring financial income: -€7,112
- Taxes -€3,610
down €3,610 (-8.1%), from €44,533 to €40,923
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 | €1,651,007 | €1,615,681 | -€35,327 | -2.1% |
| Fixed assets | 21/28 | €1,147,186 | €1,091,420 | -€55,766 | -4.9% |
| Tangible fixed assets | 22/27 | €1,147,186 | €1,091,420 | -€55,766 | -4.9% |
| Land and buildings | 22 | €1,135,080 | €1,079,314 | -€55,766 | -4.9% |
| Plant, machinery and equipment | 23 | €12,106 | €12,106 | = | 0.0% |
| Current assets | 29/58 | €503,822 | €524,261 | +€20,439 | +4.1% |
| Amounts receivable after more than one year | 29 | €125,000 | €125,000 | = | 0.0% |
| Other amounts receivable | 291 | €125,000 | €125,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €55,690 | €95,895 | +€40,205 | +72.2% |
| Trade receivables | 40 | €55,690 | €95,895 | +€40,205 | +72.2% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €278,334 | €291,632 | +€13,298 | +4.8% |
| Cash at bank and in hand | 54/58 | €44,279 | €11,195 | -€33,084 | -74.7% |
| Deferred charges and accrued income | 490/1 | €519 | €539 | +€20 | +3.9% |
| Total equity and liabilities | 10/49 | €1,651,007 | €1,615,681 | -€35,327 | -2.1% |
| Equity | 10/15 | €1,104,947 | €1,192,640 | +€87,693 | +7.9% |
| Contributions | 10/11 | €273,600 | €273,600 | = | 0.0% |
| Reserves | 13 | €831,347 | €919,040 | +€87,693 | +10.5% |
| Distributable reserves | 133 | €831,347 | €919,040 | +€87,693 | +10.5% |
| Amounts payable | 17/49 | €546,060 | €423,040 | -€123,020 | -22.5% |
| Amounts payable within one year | 42/48 | €544,810 | €423,040 | -€121,770 | -22.4% |
| Trade debts | 44 | €3,202 | €302 | -€2,900 | -90.6% |
| Suppliers | 440/4 | €3,202 | €302 | -€2,900 | -90.6% |
| Taxes, remuneration and social security | 45 | €45,933 | €26,752 | -€19,181 | -41.8% |
| Taxes | 450/3 | €45,933 | €26,752 | -€19,181 | -41.8% |
| Other amounts payable | 47/48 | €495,675 | €395,986 | -€99,689 | -20.1% |
| Accrued charges and deferred income | 492/3 | €1,250 | €0 | -€1,250 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,232 | €55,766 | +€534 | +1.0% |
| Other operating charges | 640/8 | €12,072 | €11,597 | -€476 | -3.9% |
| Gross operating margin | 9900 | €207,092 | €188,751 | -€18,341 | -8.9% |
| Operating profit (loss) | 9901 | €139,788 | €121,389 | -€18,399 | -13.2% |
| Financial income | 75/76B | €43,118 | €38,744 | -€4,374 | -10.1% |
| Recurring financial income | 75 | €29,381 | €32,119 | +€2,738 | +9.3% |
| Non-recurring financial income | 76B | €13,737 | €6,625 | -€7,112 | -51.8% |
| Financial charges | 65/66B | €42,945 | €31,516 | -€11,428 | -26.6% |
| Recurring financial charges | 65 | €42,945 | €31,516 | -€11,428 | -26.6% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €139,962 | €128,616 | -€11,345 | -8.1% |
| Income taxes | 67/77 | €44,533 | €40,923 | -€3,610 | -8.1% |
| Profit (loss) for the period | 9904 | €95,428 | €87,693 | -€7,735 | -8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €95,428 | €87,693 | -€7,735 | -8.1% |
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 24 October 2026 via checked.be.