JESSO: 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.
JESSO
Largest movements
- Stocks and contracts -€22,089
down €22,089 (-100.0%), from €22,089 to €0
- Tangible fixed assets -€16,083
down €16,083 (-25.3%), from €63,513 to €47,430
of which Land and buildings: -€13,694
- Cash +€12,303
up €12,303 (+1246.0%), from €987 to €13,290
mainly Other debts (+€29,481) and Stocks and contracts (+€22,089)
- Receivables within one year +€5,554
up €5,554 (+500.9%), from €1,109 to €6,663
of which Trade receivables: +€5,554
- Other debts +€29,481
up €29,481 (+36.0%), from €81,830 to €111,312
- Debts after one year -€24,874
down €24,874 (-25.5%), from €97,489 to €72,615
- Short-term financial debts -€13,836
down €13,836 (-100.0%), from €13,836 to €0
- Profit (loss) carried forward -€13,449
down €13,449 (-9.7%), from -€139,324 to -€152,774
- Accrued charges and deferred income +€1,783
up €1,783 (+642.4%), from €277 to €2,060
- Gross operating margin -€40,007
down €40,007 (-76.9%), from €52,007 to €12,000
- Staff costs -€8,150
down €8,150, from €8,095 to -€55
- Financial charges -€5,754
down €5,754 (-46.8%), from €12,284 to €6,530
- Depreciation -€4,121
down €4,121 (-20.4%), from €20,204 to €16,083
- Other operating charges -€1,179
down €1,179 (-31.6%), from €3,728 to €2,549
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 | €89,459 | €69,946 | -€19,513 | -21.8% |
| Fixed assets | 21/28 | €63,613 | €47,530 | -€16,083 | -25.3% |
| Tangible fixed assets | 22/27 | €63,513 | €47,430 | -€16,083 | -25.3% |
| Land and buildings | 22 | €59,343 | €45,648 | -€13,694 | -23.1% |
| Plant, machinery and equipment | 23 | €437 | €0 | -€437 | -100.0% |
| Furniture and vehicles | 24 | €3,733 | €1,782 | -€1,952 | -52.3% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €25,846 | €22,416 | -€3,429 | -13.3% |
| Stocks and contracts in progress | 3 | €22,089 | €0 | -€22,089 | -100.0% |
| Stocks | 30/36 | €22,089 | €0 | -€22,089 | -100.0% |
| Amounts receivable within one year | 40/41 | €1,109 | €6,663 | +€5,554 | +500.9% |
| Trade receivables | 40 | €1,109 | €6,663 | +€5,554 | +500.9% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €987 | €13,290 | +€12,303 | +1246.0% |
| Deferred charges and accrued income | 490/1 | €1,661 | €2,464 | +€803 | +48.4% |
| Total equity and liabilities | 10/49 | €89,459 | €69,946 | -€19,513 | -21.8% |
| Equity | 10/15 | -€133,124 | -€146,574 | -€13,449 | -10.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Other | 1319 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€139,324 | -€152,774 | -€13,449 | -9.7% |
| Amounts payable | 17/49 | €222,584 | €216,520 | -€6,064 | -2.7% |
| Amounts payable after more than one year | 17 | €97,489 | €72,615 | -€24,874 | -25.5% |
| Financial debts | 170/4 | €97,489 | €72,615 | -€24,874 | -25.5% |
| Amounts payable within one year | 42/48 | €124,817 | €141,845 | +€17,028 | +13.6% |
| Current portion of amounts payable after more than one year | 42 | €23,683 | €24,874 | +€1,191 | +5.0% |
| Financial debts | 43 | €13,836 | €0 | -€13,836 | -100.0% |
| Credit institutions | 430/8 | €13,836 | €0 | -€13,836 | -100.0% |
| Trade debts | 44 | €2,029 | €2,901 | +€872 | +43.0% |
| Suppliers | 440/4 | €2,029 | €2,901 | +€872 | +43.0% |
| Taxes, remuneration and social security | 45 | €3,439 | €2,759 | -€680 | -19.8% |
| Taxes | 450/3 | €3,439 | €2,759 | -€680 | -19.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €81,830 | €111,312 | +€29,481 | +36.0% |
| Accrued charges and deferred income | 492/3 | €277 | €2,060 | +€1,783 | +642.4% |
| Remuneration, social security and pensions | 62 | €8,095 | -€55 | -€8,150 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,204 | €16,083 | -€4,121 | -20.4% |
| Other operating charges | 640/8 | €3,728 | €2,549 | -€1,179 | -31.6% |
| Gross operating margin | 9900 | €52,007 | €12,000 | -€40,007 | -76.9% |
| Operating profit (loss) | 9901 | €19,980 | -€6,578 | -€26,557 | |
| Financial income | 75/76B | €372 | €0 | -€372 | -100.0% |
| Recurring financial income | 75 | €372 | €0 | -€372 | -100.0% |
| Financial charges | 65/66B | €12,284 | €6,530 | -€5,754 | -46.8% |
| Recurring financial charges | 65 | €12,284 | €6,530 | -€5,754 | -46.8% |
| Profit (loss) for the period before taxes | 9903 | €8,068 | -€13,108 | -€21,176 | |
| Income taxes | 67/77 | €275 | €342 | +€66 | +24.0% |
| Profit (loss) for the period | 9904 | €7,793 | -€13,449 | -€21,242 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,793 | -€13,449 | -€21,242 |
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 3 October 2026 via checked.be.