Jestelle: 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.
Jestelle
Largest movements
- Tangible fixed assets -€3,691
down €3,691 (-63.4%), from €5,821 to €2,130
of which Furniture and vehicles: -€4,996
- Deferred charges and accrued income -€1,883
no longer reported in 2025 (was €1,883)
- Cash -€1,674
down €1,674 (-31.2%), from €5,364 to €3,690
mainly Other debts (-€3,939) and Current portion of long-term debt (-€3,562)
- Stocks and contracts +€1,013
up €1,013 (+5.3%), from €19,157 to €20,170
- Intangible fixed assets -€750
no longer reported in 2025 (was €750)
- Other debts -€3,939
down €3,939 (-18.7%), from €21,089 to €17,149
- Tax, wage and social debts +€3,639
up €3,639 (+655%), from €555 to €4,194
of which Remuneration and social security: +€3,500
- Current portion of long-term debt -€3,562
down €3,562 (-86.5%), from €4,117 to €555
- Trade debts -€2,855
down €2,855 (-22.2%), from €12,838 to €9,982
- Profit (loss) carried forward +€934
up €934 (+10.3%), from -€9,085 to -€8,151
- Depreciation -€10,934
down €10,934 (-71.3%), from €15,337 to €4,402
- Gross operating margin -€7,093
down €7,093 (-46.7%), from €15,201 to €8,107
- Financial charges +€606
up €606 (+201%), from €301 to €906
- Other operating charges -€502
down €502 (-24.8%), from €2,028 to €1,526
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 | €36,282 | €30,033 | -€6,249 | -17.2% |
| Fixed assets | 21/28 | €6,621 | €2,180 | -€4,441 | -67.1% |
| Intangible fixed assets | 21 | €750 | - | -€750 | |
| Tangible fixed assets | 22/27 | €5,821 | €2,130 | -€3,691 | -63.4% |
| Plant, machinery and equipment | 23 | €826 | €2,130 | +€1,305 | +158% |
| Furniture and vehicles | 24 | €4,996 | - | -€4,996 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €29,661 | €27,853 | -€1,808 | -6.1% |
| Stocks and contracts in progress | 3 | €19,157 | €20,170 | +€1,013 | +5.3% |
| Stocks | 30/36 | €19,157 | €20,170 | +€1,013 | +5.3% |
| Amounts receivable within one year | 40/41 | €3,257 | €3,993 | +€736 | +22.6% |
| Trade receivables | 40 | €1,441 | €2,535 | +€1,094 | +76.0% |
| Other amounts receivable | 41 | €1,816 | €1,458 | -€358 | -19.7% |
| Cash at bank and in hand | 54/58 | €5,364 | €3,690 | -€1,674 | -31.2% |
| Deferred charges and accrued income | 490/1 | €1,883 | - | -€1,883 | |
| Total equity and liabilities | 10/49 | €36,282 | €30,033 | -€6,249 | -17.2% |
| Equity | 10/15 | -€2,872 | -€1,938 | +€934 | +32.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €13 | €13 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13 | €13 | = | 0.0% |
| Reserves not available under the articles | 1311 | €13 | €13 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,085 | -€8,151 | +€934 | +10.3% |
| Amounts payable | 17/49 | €39,155 | €31,971 | -€7,183 | -18.3% |
| Amounts payable after more than one year | 17 | €555 | - | -€555 | |
| Financial debts | 170/4 | €555 | - | -€555 | |
| Amounts payable within one year | 42/48 | €38,599 | €31,971 | -€6,628 | -17.2% |
| Current portion of amounts payable after more than one year | 42 | €4,117 | €555 | -€3,562 | -86.5% |
| Trade debts | 44 | €12,838 | €9,982 | -€2,855 | -22.2% |
| Suppliers | 440/4 | €12,838 | €9,982 | -€2,855 | -22.2% |
| Advances received on contracts in progress | 46 | - | €90 | +€90 | |
| Taxes, remuneration and social security | 45 | €555 | €4,194 | +€3,639 | +655% |
| Taxes | 450/3 | €555 | €694 | +€139 | +25.0% |
| Remuneration and social security | 454/9 | - | €3,500 | +€3,500 | |
| Other amounts payable | 47/48 | €21,089 | €17,149 | -€3,939 | -18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,337 | €4,402 | -€10,934 | -71.3% |
| Other operating charges | 640/8 | €2,028 | €1,526 | -€502 | -24.8% |
| Gross operating margin | 9900 | €15,201 | €8,107 | -€7,093 | -46.7% |
| Operating profit (loss) | 9901 | -€2,164 | €2,179 | +€4,344 | |
| Financial income | 75/76B | €102 | - | -€102 | |
| Recurring financial income | 75 | €102 | - | -€102 | |
| Financial charges | 65/66B | €301 | €906 | +€606 | +201% |
| Recurring financial charges | 65 | €301 | €906 | +€606 | +201% |
| Profit (loss) for the period before taxes | 9903 | -€2,363 | €1,273 | +€3,636 | |
| Income taxes | 67/77 | €355 | €339 | -€17 | -4.7% |
| Profit (loss) for the period | 9904 | -€2,719 | €934 | +€3,653 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,719 | €934 | +€3,653 |
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 13 October 2026 via checked.be.