JET TRANS: 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 TRANS
Largest movements
- Tangible fixed assets +€93,144
up €93,144 (+54.6%), from €170,444 to €263,588
of which Furniture and vehicles: +€94,294
- Stocks and contracts -€86,473
down €86,473 (-84.1%), from €102,816 to €16,343
- Cash -€59,940
down €59,940 (-38.2%), from €157,014 to €97,074
mainly Contributions, distributions and other (-€236,000) and Investment in fixed assets (net) (-€169,318)
- Financial fixed assets -€15,647
down €15,647 (-49.3%), from €31,745 to €16,098
- Receivables within one year +€7,851
up €7,851 (+4.5%), from €172,876 to €180,727
of which Other amounts receivable: +€12,921
- Profit (loss) carried forward -€380,864
down €380,864 (-98.0%), from €388,640 to €7,776
- Reserves +€300,250
new in 2025: €300,250
of which Distributable reserves: +€300,000
- Tax, wage and social debts +€44,470
up €44,470 (+26.7%), from €166,738 to €211,208
of which Taxes: +€40,891
- Other debts -€20,794
no longer reported in 2025 (was €20,794)
- Gross operating margin +€112,586
up €112,586 (+31.4%), from €359,055 to €471,641
- Staff costs +€72,816
up €72,816 (+208%), from €34,930 to €107,746
- Depreciation +€52,378
up €52,378 (+133%), from €39,443 to €91,821
- Other operating charges +€26,560
up €26,560 (+222%), from €11,969 to €38,529
- Write-downs +€17,413
new in 2025: €17,413
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 | €635,571 | €573,831 | -€61,740 | -9.7% |
| Fixed assets | 21/28 | €202,189 | €279,686 | +€77,497 | +38.3% |
| Tangible fixed assets | 22/27 | €170,444 | €263,588 | +€93,144 | +54.6% |
| Plant, machinery and equipment | 23 | €1,839 | €689 | -€1,150 | -62.5% |
| Furniture and vehicles | 24 | €168,605 | €262,899 | +€94,294 | +55.9% |
| Financial fixed assets | 28 | €31,745 | €16,098 | -€15,647 | -49.3% |
| Current assets | 29/58 | €433,382 | €294,144 | -€139,237 | -32.1% |
| Stocks and contracts in progress | 3 | €102,816 | €16,343 | -€86,473 | -84.1% |
| Stocks | 30/36 | €102,816 | €16,343 | -€86,473 | -84.1% |
| Amounts receivable within one year | 40/41 | €172,876 | €180,727 | +€7,851 | +4.5% |
| Trade receivables | 40 | €172,876 | €167,806 | -€5,070 | -2.9% |
| Other amounts receivable | 41 | - | €12,921 | +€12,921 | |
| Cash at bank and in hand | 54/58 | €157,014 | €97,074 | -€59,940 | -38.2% |
| Deferred charges and accrued income | 490/1 | €676 | - | -€676 | |
| Total equity and liabilities | 10/49 | €635,571 | €573,831 | -€61,740 | -9.7% |
| Equity | 10/15 | €391,140 | €310,526 | -€80,614 | -20.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | - | €300,250 | +€300,250 | |
| Non-distributable reserves | 130/1 | - | €250 | +€250 | |
| Reserves not available under the articles | 1311 | - | €250 | +€250 | |
| Distributable reserves | 133 | - | €300,000 | +€300,000 | |
| Profit (loss) carried forward | 14 | €388,640 | €7,776 | -€380,864 | -98.0% |
| Amounts payable | 17/49 | €244,430 | €263,304 | +€18,874 | +7.7% |
| Amounts payable within one year | 42/48 | €244,430 | €263,304 | +€18,874 | +7.7% |
| Trade debts | 44 | €56,898 | €52,096 | -€4,802 | -8.4% |
| Suppliers | 440/4 | €56,898 | €52,096 | -€4,802 | -8.4% |
| Taxes, remuneration and social security | 45 | €166,738 | €211,208 | +€44,470 | +26.7% |
| Taxes | 450/3 | €155,038 | €195,929 | +€40,891 | +26.4% |
| Remuneration and social security | 454/9 | €11,700 | €15,279 | +€3,579 | +30.6% |
| Other amounts payable | 47/48 | €20,794 | - | -€20,794 | |
| Remuneration, social security and pensions | 62 | €34,930 | €107,746 | +€72,816 | +208% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,443 | €91,821 | +€52,378 | +133% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €17,413 | +€17,413 | |
| Other operating charges | 640/8 | €11,969 | €38,529 | +€26,560 | +222% |
| Non-recurring operating charges | 66A | €541 | €419 | -€123 | -22.7% |
| Gross operating margin | 9900 | €359,055 | €471,641 | +€112,586 | +31.4% |
| Operating profit (loss) | 9901 | €272,171 | €215,714 | -€56,457 | -20.7% |
| Financial income | 75/76B | €5 | €5,753 | +€5,748 | +114,962% |
| Recurring financial income | 75 | €5 | €5,753 | +€5,748 | +114,962% |
| Financial charges | 65/66B | €3,775 | €1,080 | -€2,695 | -71.4% |
| Recurring financial charges | 65 | €3,775 | €1,080 | -€2,695 | -71.4% |
| Profit (loss) for the period before taxes | 9903 | €268,401 | €220,386 | -€48,014 | -17.9% |
| Income taxes | 67/77 | €67,834 | €65,000 | -€2,834 | -4.2% |
| Profit (loss) for the period | 9904 | €200,567 | €155,386 | -€45,181 | -22.5% |
| Profit (loss) for the period to be appropriated | 9905 | €200,567 | €155,386 | -€45,181 | -22.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.