JET-ON: 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.
JET-ON
Largest movements
- Receivables within one year +€42,424
up €42,424 (+128.3%), from €33,054 to €75,478
of which Trade receivables: +€40,348
- Intangible fixed assets +€19,562
new in 2025: €19,562
- Cash +€18,928
up €18,928 (+38.1%), from €49,712 to €68,641
mainly Net result for the year (+€61,553) and Tax, wage and social debts (+€15,935)
- Tangible fixed assets -€3,131
down €3,131 (-27.0%), from €11,581 to €8,450
of which Furniture and vehicles: -€5,473
- Reserves +€61,553
up €61,553 (+259.4%), from €23,730 to €85,283
- Tax, wage and social debts +€15,935
up €15,935 (+182.2%), from €8,745 to €24,679
- Other debts -€15,727
down €15,727 (-66.8%), from €23,529 to €7,802
- Trade debts +€15,386
up €15,386 (+64.7%), from €23,779 to €39,165
- Gross operating margin +€34,705
up €34,705 (+52.6%), from €65,932 to €100,637
- Taxes +€15,931
up €15,931 (+182.2%), from €8,745 to €24,675
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.
Cash bridge derived
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 | €98,384 | €175,530 | +€77,147 | +78.4% |
| Fixed assets | 21/28 | €12,601 | €29,032 | +€16,431 | +130.4% |
| Intangible fixed assets | 21 | - | €19,562 | +€19,562 | |
| Tangible fixed assets | 22/27 | €11,581 | €8,450 | -€3,131 | -27.0% |
| Plant, machinery and equipment | 23 | €3 | €2,345 | +€2,342 | +84238.1% |
| Furniture and vehicles | 24 | €11,579 | €6,106 | -€5,473 | -47.3% |
| Financial fixed assets | 28 | €1,020 | €1,020 | = | 0.0% |
| Current assets | 29/58 | €85,782 | €146,498 | +€60,716 | +70.8% |
| Amounts receivable within one year | 40/41 | €33,054 | €75,478 | +€42,424 | +128.3% |
| Trade receivables | 40 | €25,657 | €66,005 | +€40,348 | +157.3% |
| Other amounts receivable | 41 | €7,397 | €9,473 | +€2,076 | +28.1% |
| Cash at bank and in hand | 54/58 | €49,712 | €68,641 | +€18,928 | +38.1% |
| Deferred charges and accrued income | 490/1 | €3,016 | €2,380 | -€636 | -21.1% |
| Total equity and liabilities | 10/49 | €98,384 | €175,530 | +€77,147 | +78.4% |
| Equity | 10/15 | €42,330 | €103,883 | +€61,553 | +145.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €23,730 | €85,283 | +€61,553 | +259.4% |
| Distributable reserves | 133 | €23,730 | €85,283 | +€61,553 | +259.4% |
| Amounts payable | 17/49 | €56,053 | €71,647 | +€15,594 | +27.8% |
| Amounts payable within one year | 42/48 | €56,053 | €71,647 | +€15,594 | +27.8% |
| Trade debts | 44 | €23,779 | €39,165 | +€15,386 | +64.7% |
| Suppliers | 440/4 | €23,779 | €39,165 | +€15,386 | +64.7% |
| Taxes, remuneration and social security | 45 | €8,745 | €24,679 | +€15,935 | +182.2% |
| Taxes | 450/3 | €8,745 | €24,679 | +€15,935 | +182.2% |
| Other amounts payable | 47/48 | €23,529 | €7,802 | -€15,727 | -66.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,636 | €7,001 | +€365 | +5.5% |
| Other operating charges | 640/8 | €1,981 | €2,709 | +€728 | +36.8% |
| Non-recurring operating charges | 66A | €2,701 | €4,200 | +€1,499 | +55.5% |
| Gross operating margin | 9900 | €65,932 | €100,637 | +€34,705 | +52.6% |
| Operating profit (loss) | 9901 | €54,614 | €86,727 | +€32,113 | +58.8% |
| Financial income | 75/76B | €6 | €1 | -€6 | -91.4% |
| Recurring financial income | 75 | €6 | €1 | -€6 | -91.4% |
| Financial charges | 65/66B | €107 | €499 | +€392 | +366.3% |
| Recurring financial charges | 65 | €107 | €499 | +€392 | +366.3% |
| Profit (loss) for the period before taxes | 9903 | €54,513 | €86,229 | +€31,715 | +58.2% |
| Income taxes | 67/77 | €8,745 | €24,675 | +€15,931 | +182.2% |
| Profit (loss) for the period | 9904 | €45,769 | €61,553 | +€15,785 | +34.5% |
| Profit (loss) for the period to be appropriated | 9905 | €45,769 | €61,553 | +€15,785 | +34.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.