JET LINE: 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.
JET LINE
Largest movements
- Receivables within one year +€61,149
up €61,149 (+29.0%), from €210,675 to €271,825
of which Other amounts receivable: +€59,780
- Cash +€17,533
up €17,533 (+349,266%), from €5 to €17,538
mainly Net result for the year (+€44,127) and Trade debts (+€37,511)
- Tangible fixed assets +€8,828
up €8,828 (+394%), from €2,239 to €11,067
- Reserves +€44,127
up €44,127 (+58.0%), from €76,059 to €120,186
of which Distributable reserves: +€44,127
- Trade debts +€37,511
up €37,511 (+871%), from €4,308 to €41,819
- Tax, wage and social debts +€17,002
up €17,002 (+23.6%), from €72,114 to €89,115
of which Taxes: +€22,959
- Short-term financial debts -€11,302
no longer reported in 2024 (was €11,302)
- Gross operating margin -€32,127
down €32,127 (-17.2%), from €187,174 to €155,047
- Taxes -€15,434
down €15,434 (-39.4%), from €39,170 to €23,736
- Staff costs +€7,590
up €7,590 (+10.7%), from €71,082 to €78,672
- Depreciation +€2,841
up €2,841 (+787%), from €361 to €3,202
- Other operating charges +€2,562
up €2,562 (+836%), from €306 to €2,869
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.
Derived cash bridge
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 | €214,283 | €301,621 | +€87,338 | +40.8% |
| Fixed assets | 21/28 | €3,369 | €12,197 | +€8,828 | +262% |
| Tangible fixed assets | 22/27 | €2,239 | €11,067 | +€8,828 | +394% |
| Furniture and vehicles | 24 | €2,239 | €11,067 | +€8,828 | +394% |
| Financial fixed assets | 28 | €1,130 | €1,130 | = | 0.0% |
| Current assets | 29/58 | €210,915 | €289,424 | +€78,509 | +37.2% |
| Amounts receivable within one year | 40/41 | €210,675 | €271,825 | +€61,149 | +29.0% |
| Trade receivables | 40 | €27,183 | €28,553 | +€1,369 | +5.0% |
| Other amounts receivable | 41 | €183,492 | €243,272 | +€59,780 | +32.6% |
| Cash at bank and in hand | 54/58 | €5 | €17,538 | +€17,533 | +349,266% |
| Deferred charges and accrued income | 490/1 | €234 | €61 | -€173 | -73.9% |
| Total equity and liabilities | 10/49 | €214,283 | €301,621 | +€87,338 | +40.8% |
| Equity | 10/15 | €121,245 | €165,372 | +€44,127 | +36.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €76,059 | €120,186 | +€44,127 | +58.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €74,200 | €118,327 | +€44,127 | +59.5% |
| Profit (loss) carried forward | 14 | €26,594 | €26,594 | = | 0.0% |
| Amounts payable | 17/49 | €93,038 | €136,249 | +€43,211 | +46.4% |
| Amounts payable within one year | 42/48 | €93,038 | €136,249 | +€43,211 | +46.4% |
| Financial debts | 43 | €11,302 | - | -€11,302 | |
| Credit institutions | 430/8 | €11,302 | - | -€11,302 | |
| Trade debts | 44 | €4,308 | €41,819 | +€37,511 | +871% |
| Suppliers | 440/4 | €4,308 | €41,819 | +€37,511 | +871% |
| Advances received on contracts in progress | 46 | €5,314 | €5,314 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €72,114 | €89,115 | +€17,002 | +23.6% |
| Taxes | 450/3 | €59,210 | €82,169 | +€22,959 | +38.8% |
| Remuneration and social security | 454/9 | €12,904 | €6,946 | -€5,957 | -46.2% |
| Remuneration, social security and pensions | 62 | €71,082 | €78,672 | +€7,590 | +10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €361 | €3,202 | +€2,841 | +787% |
| Other operating charges | 640/8 | €306 | €2,869 | +€2,562 | +836% |
| Non-recurring operating charges | 66A | - | €321 | +€321 | |
| Gross operating margin | 9900 | €187,174 | €155,047 | -€32,127 | -17.2% |
| Operating profit (loss) | 9901 | €115,424 | €69,983 | -€45,441 | -39.4% |
| Financial income | 75/76B | €253 | €1,514 | +€1,261 | +499% |
| Recurring financial income | 75 | €253 | €1,514 | +€1,261 | +499% |
| Financial charges | 65/66B | €2,292 | €3,634 | +€1,342 | +58.5% |
| Recurring financial charges | 65 | €2,292 | €3,634 | +€1,342 | +58.5% |
| Profit (loss) for the period before taxes | 9903 | €113,384 | €67,863 | -€45,521 | -40.1% |
| Income taxes | 67/77 | €39,170 | €23,736 | -€15,434 | -39.4% |
| Profit (loss) for the period | 9904 | €74,214 | €44,127 | -€30,087 | -40.5% |
| Profit (loss) for the period to be appropriated | 9905 | €74,214 | €44,127 | -€30,087 | -40.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.