JESSY: 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.
JESSY
Largest movements
- Cash +€10,259
up €10,259 (+75.4%), from €13,610 to €23,868
mainly Net result for the year (+€14,499) and Accrued charges and deferred income (+€1,915)
- Tangible fixed assets +€1,089
up €1,089 (+10.9%), from €9,946 to €11,035
of which Plant, machinery and equipment: +€613
- Receivables within one year -€878
down €878 (-18.3%), from €4,795 to €3,917
of which Other amounts receivable: -€503
- Reserves +€14,499
up €14,499 (+134.4%), from €10,784 to €25,283
of which Distributable reserves: +€14,499
- Trade debts -€5,093
down €5,093 (-73.8%), from €6,903 to €1,810
- Debts after one year -€2,172
down €2,172 (-51.3%), from €4,234 to €2,062
- Accrued charges and deferred income +€1,915
new in 2024: €1,915
- Tax, wage and social debts +€1,025
up €1,025 (+11.5%), from €8,908 to €9,932
of which Taxes: +€3,709
- Staff costs -€13,453
down €13,453 (-31.6%), from €42,615 to €29,162
- Gross operating margin +€3,407
up €3,407 (+7.0%), from €48,854 to €52,260
- Financial income -€3,381
down €3,381 (-99.8%), from €3,388 to €8
- Taxes +€2,872
up €2,872 (+170.6%), from €1,683 to €4,555
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,123 | €49,550 | +€10,427 | +26.7% |
| Fixed assets | 21/28 | €9,996 | €11,035 | +€1,039 | +10.4% |
| Tangible fixed assets | 22/27 | €9,946 | €11,035 | +€1,089 | +10.9% |
| Land and buildings | 22 | €480 | €360 | -€120 | -25.0% |
| Plant, machinery and equipment | 23 | €561 | €1,174 | +€613 | +109.2% |
| Furniture and vehicles | 24 | €1,333 | €1,899 | +€566 | +42.4% |
| Other tangible fixed assets | 26 | €7,572 | €7,602 | +€31 | +0.4% |
| Financial fixed assets | 28 | €50 | - | -€50 | |
| Current assets | 29/58 | €29,127 | €38,515 | +€9,388 | +32.2% |
| Stocks and contracts in progress | 3 | €10,540 | €10,540 | = | 0.0% |
| Stocks | 30/36 | €10,540 | €10,540 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,795 | €3,917 | -€878 | -18.3% |
| Trade receivables | 40 | €1,702 | €1,328 | -€375 | -22.0% |
| Other amounts receivable | 41 | €3,093 | €2,590 | -€503 | -16.3% |
| Cash at bank and in hand | 54/58 | €13,610 | €23,868 | +€10,259 | +75.4% |
| Deferred charges and accrued income | 490/1 | €183 | €190 | +€7 | +4.0% |
| Total equity and liabilities | 10/49 | €39,123 | €49,550 | +€10,427 | +26.7% |
| Equity | 10/15 | €16,984 | €31,483 | +€14,499 | +85.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €10,784 | €25,283 | +€14,499 | +134.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €10,784 | €25,283 | +€14,499 | +134.4% |
| Amounts payable | 17/49 | €22,138 | €18,067 | -€4,072 | -18.4% |
| Amounts payable after more than one year | 17 | €4,234 | €2,062 | -€2,172 | -51.3% |
| Financial debts | 170/4 | €4,234 | €2,062 | -€2,172 | -51.3% |
| Amounts payable within one year | 42/48 | €17,904 | €14,089 | -€3,815 | -21.3% |
| Current portion of amounts payable after more than one year | 42 | €2,094 | €2,347 | +€253 | +12.1% |
| Trade debts | 44 | €6,903 | €1,810 | -€5,093 | -73.8% |
| Suppliers | 440/4 | €6,903 | €1,810 | -€5,093 | -73.8% |
| Taxes, remuneration and social security | 45 | €8,908 | €9,932 | +€1,025 | +11.5% |
| Taxes | 450/3 | €3,667 | €7,376 | +€3,709 | +101.1% |
| Remuneration and social security | 454/9 | €5,240 | €2,556 | -€2,684 | -51.2% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | - | €1,915 | +€1,915 | |
| Remuneration, social security and pensions | 62 | €42,615 | €29,162 | -€13,453 | -31.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,642 | €1,809 | +€167 | +10.2% |
| Other operating charges | 640/8 | €1,074 | €1,136 | +€62 | +5.8% |
| Gross operating margin | 9900 | €48,854 | €52,260 | +€3,407 | +7.0% |
| Operating profit (loss) | 9901 | €3,523 | €20,153 | +€16,630 | +472.1% |
| Financial income | 75/76B | €3,388 | €8 | -€3,381 | -99.8% |
| Recurring financial income | 75 | €3,388 | €8 | -€3,381 | -99.8% |
| Financial charges | 65/66B | €1,548 | €1,107 | -€442 | -28.5% |
| Recurring financial charges | 65 | €1,548 | €1,107 | -€442 | -28.5% |
| Profit (loss) for the period before taxes | 9903 | €5,362 | €19,053 | +€13,691 | +255.3% |
| Income taxes | 67/77 | €1,683 | €4,555 | +€2,872 | +170.6% |
| Profit (loss) for the period | 9904 | €3,679 | €14,499 | +€10,819 | +294.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,679 | €14,499 | +€10,819 | +294.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.