JET RIDE: 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 RIDE
Largest movements
- Receivables within one year -€47,288
down €47,288 (-76.9%), from €61,510 to €14,222
- Cash +€17,237
up €17,237 (+22.6%), from €76,330 to €93,567
mainly Receivables within one year (+€47,288) and Net result for the year (+€45,832)
- Tangible fixed assets +€14,064
up €14,064, from €0 to €14,064
of which Plant, machinery and equipment: +€14,064
- Trade debts -€97,182
down €97,182 (-99.0%), from €98,208 to €1,026
- Profit (loss) carried forward +€45,832
up €45,832, from -€34,048 to €11,783
- Other debts +€32,855
up €32,855 (+262%), from €12,544 to €45,400
- Tax, wage and social debts +€3,295
new in 2025: €3,295
- Gross operating margin +€45,811
up €45,811 (+205%), from €22,382 to €68,193
- Taxes +€2,095
new in 2025: €2,095
- Depreciation +€1,908
new in 2025: €1,908
- Other operating charges +€1,635
up €1,635 (+10.7%), from €15,216 to €16,851
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 | €146,973 | €131,772 | -€15,201 | -10.3% |
| Fixed assets | 21/28 | €1,225 | €15,289 | +€14,064 | +1,148% |
| Tangible fixed assets | 22/27 | €0 | €14,064 | +€14,064 | |
| Plant, machinery and equipment | 23 | €0 | €14,064 | +€14,064 | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €1,225 | €1,225 | = | 0.0% |
| Current assets | 29/58 | €145,748 | €116,483 | -€29,265 | -20.1% |
| Stocks and contracts in progress | 3 | €1,150 | €1,402 | +€252 | +21.9% |
| Stocks | 30/36 | €1,150 | €1,402 | +€252 | +21.9% |
| Amounts receivable within one year | 40/41 | €61,510 | €14,222 | -€47,288 | -76.9% |
| Other amounts receivable | 41 | €61,510 | €14,222 | -€47,288 | -76.9% |
| Cash at bank and in hand | 54/58 | €76,330 | €93,567 | +€17,237 | +22.6% |
| Deferred charges and accrued income | 490/1 | €6,757 | €7,292 | +€534 | +7.9% |
| Total equity and liabilities | 10/49 | €146,973 | €131,772 | -€15,201 | -10.3% |
| Equity | 10/15 | €36,220 | €82,052 | +€45,832 | +127% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €51,677 | €51,677 | = | 0.0% |
| Distributable reserves | 133 | €51,677 | €51,677 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,048 | €11,783 | +€45,832 | |
| Amounts payable | 17/49 | €110,752 | €49,720 | -€61,032 | -55.1% |
| Amounts payable within one year | 42/48 | €110,752 | €49,720 | -€61,032 | -55.1% |
| Trade debts | 44 | €98,208 | €1,026 | -€97,182 | -99.0% |
| Suppliers | 440/4 | €98,208 | €1,026 | -€97,182 | -99.0% |
| Taxes, remuneration and social security | 45 | - | €3,295 | +€3,295 | |
| Taxes | 450/3 | - | €3,295 | +€3,295 | |
| Other amounts payable | 47/48 | €12,544 | €45,400 | +€32,855 | +262% |
| Non-recurring operating income | 76A | €93 | - | -€93 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,908 | +€1,908 | |
| Other operating charges | 640/8 | €15,216 | €16,851 | +€1,635 | +10.7% |
| Gross operating margin | 9900 | €22,382 | €68,193 | +€45,811 | +205% |
| Operating profit (loss) | 9901 | €7,166 | €49,433 | +€42,267 | +590% |
| Financial charges | 65/66B | €1,009 | €1,507 | +€497 | +49.3% |
| Recurring financial charges | 65 | €1,009 | €1,507 | +€497 | +49.3% |
| Profit (loss) for the period before taxes | 9903 | €6,157 | €47,927 | +€41,770 | +678% |
| Income taxes | 67/77 | - | €2,095 | +€2,095 | |
| Profit (loss) for the period | 9904 | €6,157 | €45,832 | +€39,675 | +644% |
| Profit (loss) for the period to be appropriated | 9905 | €6,157 | €45,832 | +€39,675 | +644% |
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 19 October 2026 via checked.be.