JEST: 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.
JEST
Largest movements
- Cash +€4,345
up €4,345 (+1,829%), from €238 to €4,582
mainly Depreciation (+€13,864) and Net result for the year (+€7,568)
- Tangible fixed assets -€3,393
down €3,393 (-2.1%), from €164,485 to €161,092
of which Land and buildings: -€2,807
- Debts after one year -€10,092
down €10,092 (-6.6%), from €153,820 to €143,727
- Profit (loss) carried forward +€7,568
up €7,568 (+28.6%), from -€26,461 to -€18,892
- Other debts +€3,499
up €3,499 (+48.3%), from €7,249 to €10,747
- Gross operating margin +€13,839
up €13,839 (+130%), from €10,671 to €24,510
- Depreciation +€1,090
up €1,090 (+8.5%), from €12,774 to €13,864
- Financial charges +€814
up €814 (+51.2%), from €1,589 to €2,402
- Financial income +€758
up €758 (+350%), from €217 to €975
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 | €164,723 | €165,674 | +€951 | +0.6% |
| Fixed assets | 21/28 | €164,485 | €161,092 | -€3,393 | -2.1% |
| Tangible fixed assets | 22/27 | €164,485 | €161,092 | -€3,393 | -2.1% |
| Land and buildings | 22 | €163,059 | €160,251 | -€2,807 | -1.7% |
| Plant, machinery and equipment | 23 | €1,427 | €841 | -€586 | -41.1% |
| Current assets | 29/58 | €238 | €4,582 | +€4,345 | +1,829% |
| Cash at bank and in hand | 54/58 | €238 | €4,582 | +€4,345 | +1,829% |
| Total equity and liabilities | 10/49 | €164,723 | €165,674 | +€951 | +0.6% |
| Equity | 10/15 | -€6,461 | €1,108 | +€7,568 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,461 | -€18,892 | +€7,568 | +28.6% |
| Amounts payable | 17/49 | €171,184 | €164,567 | -€6,617 | -3.9% |
| Amounts payable after more than one year | 17 | €153,820 | €143,727 | -€10,092 | -6.6% |
| Financial debts | 170/4 | €153,820 | €143,727 | -€10,092 | -6.6% |
| Amounts payable within one year | 42/48 | €17,364 | €20,840 | +€3,475 | +20.0% |
| Current portion of amounts payable after more than one year | 42 | €9,971 | €10,092 | +€122 | +1.2% |
| Trade debts | 44 | €145 | - | -€145 | |
| Suppliers | 440/4 | €145 | - | -€145 | |
| Other amounts payable | 47/48 | €7,249 | €10,747 | +€3,499 | +48.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,774 | €13,864 | +€1,090 | +8.5% |
| Other operating charges | 640/8 | €1,601 | €1,651 | +€50 | +3.1% |
| Gross operating margin | 9900 | €10,671 | €24,510 | +€13,839 | +130% |
| Operating profit (loss) | 9901 | -€3,704 | €8,995 | +€12,699 | |
| Financial income | 75/76B | €217 | €975 | +€758 | +350% |
| Recurring financial income | 75 | €217 | €975 | +€758 | +350% |
| Financial charges | 65/66B | €1,589 | €2,402 | +€814 | +51.2% |
| Recurring financial charges | 65 | €1,589 | €2,402 | +€814 | +51.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,076 | €7,568 | +€12,644 | |
| Profit (loss) for the period | 9904 | -€5,076 | €7,568 | +€12,644 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,076 | €7,568 | +€12,644 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.