JET SOUND: 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 SOUND
Largest movements
- Stocks and contracts -€6,284
no longer reported in 2023 (was €6,284)
- Cash -€2,552
down €2,552 (-30.7%), from €8,309 to €5,757
mainly Debts after one year (-€70,000) and Tax, wage and social debts (-€6,973)
- Tangible fixed assets -€1,690
down €1,690 (-24.9%), from €6,785 to €5,095
- Debts after one year -€70,000
down €70,000 (-53.8%), from €130,000 to €60,000
- Profit (loss) carried forward +€62,995
up €62,995 (+57.9%), from -€108,707 to -€45,711
- Tax, wage and social debts -€6,973
down €6,973 (-95.3%), from €7,318 to €346
- Trade debts +€1,953
up €1,953 (+73.0%), from €2,675 to €4,628
- Other debts +€1,423
up €1,423 (+38.2%), from €3,725 to €5,148
- Gross operating margin +€40,337
up €40,337 (+150%), from €26,970 to €67,306
- Other operating charges +€2,597
up €2,597 (+511%), from €509 to €3,105
- Depreciation -€2,579
down €2,579 (-69.6%), from €3,707 to €1,128
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €46,497 | €35,895 | -€10,602 | -22.8% |
| Fixed assets | 21/28 | €6,785 | €5,095 | -€1,690 | -24.9% |
| Tangible fixed assets | 22/27 | €6,785 | €5,095 | -€1,690 | -24.9% |
| Plant, machinery and equipment | 23 | €294 | - | -€294 | |
| Furniture and vehicles | 24 | €580 | - | -€580 | |
| Other tangible fixed assets | 26 | €5,911 | €5,095 | -€816 | -13.8% |
| Current assets | 29/58 | €39,712 | €30,800 | -€8,912 | -22.4% |
| Stocks and contracts in progress | 3 | €6,284 | - | -€6,284 | |
| Stocks | 30/36 | €6,284 | - | -€6,284 | |
| Amounts receivable within one year | 40/41 | €23,974 | €23,820 | -€154 | -0.6% |
| Trade receivables | 40 | €23,974 | €23,623 | -€351 | -1.5% |
| Other amounts receivable | 41 | - | €197 | +€197 | |
| Cash at bank and in hand | 54/58 | €8,309 | €5,757 | -€2,552 | -30.7% |
| Deferred charges and accrued income | 490/1 | €1,145 | €1,224 | +€78 | +6.8% |
| Total equity and liabilities | 10/49 | €46,497 | €35,895 | -€10,602 | -22.8% |
| Equity | 10/15 | -€97,221 | -€34,226 | +€62,995 | +64.8% |
| Contributions | 10/11 | €8,366 | €8,366 | = | 0.0% |
| Reserves | 13 | €3,119 | €3,119 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,260 | €1,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€108,707 | -€45,711 | +€62,995 | +57.9% |
| Amounts payable | 17/49 | €143,718 | €70,121 | -€73,597 | -51.2% |
| Amounts payable after more than one year | 17 | €130,000 | €60,000 | -€70,000 | -53.8% |
| Other amounts payable | 178/9 | €130,000 | €60,000 | -€70,000 | -53.8% |
| Amounts payable within one year | 42/48 | €13,718 | €10,121 | -€3,597 | -26.2% |
| Trade debts | 44 | €2,675 | €4,628 | +€1,953 | +73.0% |
| Suppliers | 440/4 | €2,675 | €4,628 | +€1,953 | +73.0% |
| Taxes, remuneration and social security | 45 | €7,318 | €346 | -€6,973 | -95.3% |
| Taxes | 450/3 | €7,318 | €346 | -€6,973 | -95.3% |
| Other amounts payable | 47/48 | €3,725 | €5,148 | +€1,423 | +38.2% |
| Non-recurring operating income | 76A | €9,901 | - | -€9,901 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,707 | €1,128 | -€2,579 | -69.6% |
| Other operating charges | 640/8 | €509 | €3,105 | +€2,597 | +511% |
| Gross operating margin | 9900 | €26,970 | €67,306 | +€40,337 | +150% |
| Operating profit (loss) | 9901 | €22,754 | €63,073 | +€40,319 | +177% |
| Financial charges | 65/66B | €72 | €78 | +€6 | +8.3% |
| Recurring financial charges | 65 | €72 | €78 | +€6 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | €22,682 | €62,995 | +€40,313 | +178% |
| Profit (loss) for the period | 9904 | €22,682 | €62,995 | +€40,313 | +178% |
| Profit (loss) for the period to be appropriated | 9905 | €22,682 | €62,995 | +€40,313 | +178% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.