JeSte: 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.
JeSte
Largest movements
- Cash +€56,834
up €56,834 (+22.8%), from €249,055 to €305,889
mainly Net result for the year (+€109,603) and Other debts (+€101,389)
- Receivables within one year -€46,209
down €46,209 (-15.8%), from €292,421 to €246,211
of which Trade receivables: -€56,530
- Current investments -€29,713
down €29,713 (-17.4%), from €170,533 to €140,820
- Trade debts -€134,712
down €134,712 (-97.1%), from €138,688 to €3,975
- Other debts +€101,389
up €101,389 (+2,323%), from €4,364 to €105,753
- Tax, wage and social debts +€29,945
up €29,945 (+55.6%), from €53,852 to €83,797
of which Taxes: +€34,442
- Profit (loss) carried forward -€10,397
down €10,397 (-2.0%), from €510,786 to €500,389
- Gross operating margin +€57,103
up €57,103 (+28.8%), from €198,018 to €255,121
- Taxes +€13,113
up €13,113 (+53.9%), from €24,323 to €37,435
- Staff costs -€10,620
down €10,620 (-9.4%), from €113,094 to €102,474
- Financial income -€5,223
down €5,223 (-45.6%), from €11,456 to €6,233
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 | €719,005 | €705,231 | -€13,774 | -1.9% |
| Fixed assets | 21/28 | €4,757 | €9,926 | +€5,169 | +109% |
| Tangible fixed assets | 22/27 | €4,757 | €9,926 | +€5,169 | +109% |
| Furniture and vehicles | 24 | €4,757 | €9,926 | +€5,169 | +109% |
| Current assets | 29/58 | €714,249 | €695,305 | -€18,943 | -2.7% |
| Amounts receivable within one year | 40/41 | €292,421 | €246,211 | -€46,209 | -15.8% |
| Trade receivables | 40 | €288,307 | €231,777 | -€56,530 | -19.6% |
| Other amounts receivable | 41 | €4,114 | €14,435 | +€10,321 | +251% |
| Current investments | 50/53 | €170,533 | €140,820 | -€29,713 | -17.4% |
| Cash at bank and in hand | 54/58 | €249,055 | €305,889 | +€56,834 | +22.8% |
| Deferred charges and accrued income | 490/1 | €2,240 | €2,385 | +€145 | +6.5% |
| Total equity and liabilities | 10/49 | €719,005 | €705,231 | -€13,774 | -1.9% |
| Equity | 10/15 | €520,786 | €510,389 | -€10,397 | -2.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €510,786 | €500,389 | -€10,397 | -2.0% |
| Amounts payable | 17/49 | €198,219 | €194,842 | -€3,377 | -1.7% |
| Amounts payable within one year | 42/48 | €196,904 | €193,525 | -€3,378 | -1.7% |
| Trade debts | 44 | €138,688 | €3,975 | -€134,712 | -97.1% |
| Suppliers | 440/4 | €138,688 | €3,975 | -€134,712 | -97.1% |
| Taxes, remuneration and social security | 45 | €53,852 | €83,797 | +€29,945 | +55.6% |
| Taxes | 450/3 | €36,885 | €71,327 | +€34,442 | +93.4% |
| Remuneration and social security | 454/9 | €16,967 | €12,470 | -€4,497 | -26.5% |
| Other amounts payable | 47/48 | €4,364 | €105,753 | +€101,389 | +2,323% |
| Accrued charges and deferred income | 492/3 | €1,316 | €1,317 | +€1 | +0.1% |
| Remuneration, social security and pensions | 62 | €113,094 | €102,474 | -€10,620 | -9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,612 | €4,748 | -€864 | -15.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,397 | €2,509 | +€113 | +4.7% |
| Gross operating margin | 9900 | €198,018 | €255,121 | +€57,103 | +28.8% |
| Operating profit (loss) | 9901 | €76,915 | €145,389 | +€68,475 | +89.0% |
| Financial income | 75/76B | €11,456 | €6,233 | -€5,223 | -45.6% |
| Recurring financial income | 75 | €11,456 | €6,233 | -€5,223 | -45.6% |
| Financial charges | 65/66B | €2,630 | €4,584 | +€1,955 | +74.3% |
| Recurring financial charges | 65 | €2,630 | €4,584 | +€1,955 | +74.3% |
| Profit (loss) for the period before taxes | 9903 | €85,741 | €147,038 | +€61,297 | +71.5% |
| Income taxes | 67/77 | €24,323 | €37,435 | +€13,113 | +53.9% |
| Profit (loss) for the period | 9904 | €61,418 | €109,603 | +€48,185 | +78.5% |
| Profit (loss) for the period to be appropriated | 9905 | €61,418 | €109,603 | +€48,185 | +78.5% |
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 25 October 2026 via checked.be.