JESSAV: 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.
JESSAV
Largest movements
- Cash +€41,911
up €41,911 (+69.2%), from €60,552 to €102,463
mainly Other debts (+€102,808) and Net result for the year (+€61,411)
- Deferred charges and accrued income +€11,096
up €11,096 (+251.2%), from €4,417 to €15,512
- Tangible fixed assets -€9,057
down €9,057 (-33.7%), from €26,850 to €17,793
- Other debts +€102,808
up €102,808 (+2742.3%), from €3,749 to €106,557
- Reserves -€49,489
down €49,489 (-99.9%), from €49,530 to €41
- Debts after one year -€7,428
down €7,428 (-49.2%), from €15,098 to €7,670
- Tax, wage and social debts -€2,858
down €2,858 (-20.2%), from €14,120 to €11,262
of which Taxes: -€4,651
- Gross operating margin +€57,598
up €57,598 (+186.9%), from €30,818 to €88,416
- Taxes +€12,301
up €12,301 (+275.8%), from €4,460 to €16,762
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 | €92,831 | €136,083 | +€43,253 | +46.6% |
| Fixed assets | 21/28 | €26,910 | €17,853 | -€9,057 | -33.7% |
| Tangible fixed assets | 22/27 | €26,850 | €17,793 | -€9,057 | -33.7% |
| Furniture and vehicles | 24 | €26,850 | €17,793 | -€9,057 | -33.7% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €65,921 | €118,230 | +€52,309 | +79.4% |
| Amounts receivable within one year | 40/41 | €952 | €254 | -€698 | -73.3% |
| Other amounts receivable | 41 | €952 | €254 | -€698 | -73.3% |
| Cash at bank and in hand | 54/58 | €60,552 | €102,463 | +€41,911 | +69.2% |
| Deferred charges and accrued income | 490/1 | €4,417 | €15,512 | +€11,096 | +251.2% |
| Total equity and liabilities | 10/49 | €92,831 | €136,083 | +€43,253 | +46.6% |
| Equity | 10/15 | €52,030 | €2,541 | -€49,489 | -95.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €49,530 | €41 | -€49,489 | -99.9% |
| Distributable reserves | 133 | €49,530 | €41 | -€49,489 | -99.9% |
| Amounts payable | 17/49 | €40,801 | €133,542 | +€92,741 | +227.3% |
| Amounts payable after more than one year | 17 | €15,098 | €7,670 | -€7,428 | -49.2% |
| Financial debts | 170/4 | €15,098 | €7,670 | -€7,428 | -49.2% |
| Amounts payable within one year | 42/48 | €25,383 | €125,552 | +€100,169 | +394.6% |
| Current portion of amounts payable after more than one year | 42 | €7,193 | €7,428 | +€235 | +3.3% |
| Trade debts | 44 | €322 | €306 | -€16 | -4.9% |
| Suppliers | 440/4 | €322 | €306 | -€16 | -4.9% |
| Taxes, remuneration and social security | 45 | €14,120 | €11,262 | -€2,858 | -20.2% |
| Taxes | 450/3 | €14,120 | €9,469 | -€4,651 | -32.9% |
| Remuneration and social security | 454/9 | - | €1,793 | +€1,793 | |
| Other amounts payable | 47/48 | €3,749 | €106,557 | +€102,808 | +2742.3% |
| Accrued charges and deferred income | 492/3 | €320 | €320 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,057 | €9,057 | = | 0.0% |
| Other operating charges | 640/8 | €762 | €522 | -€239 | -31.4% |
| Gross operating margin | 9900 | €30,818 | €88,416 | +€57,598 | +186.9% |
| Operating profit (loss) | 9901 | €21,000 | €78,837 | +€57,837 | +275.4% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €1,123 | €666 | -€457 | -40.7% |
| Recurring financial charges | 65 | €1,123 | €666 | -€457 | -40.7% |
| Profit (loss) for the period before taxes | 9903 | €19,877 | €78,173 | +€58,296 | +293.3% |
| Income taxes | 67/77 | €4,460 | €16,762 | +€12,301 | +275.8% |
| Profit (loss) for the period | 9904 | €15,417 | €61,411 | +€45,994 | +298.3% |
| Profit (loss) for the period to be appropriated | 9905 | €15,417 | €61,411 | +€45,994 | +298.3% |
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 12 October 2026 via checked.be.