JETEX: 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.
JETEX
Largest movements
- Tangible fixed assets -€12,393
down €12,393 (-46.2%), from €26,841 to €14,448
of which Other tangible fixed assets: -€11,999
- Deferred charges and accrued income -€4,213
down €4,213 (-100.0%), from €4,213 to €0
- Receivables within one year -€2,100
down €2,100 (-3.1%), from €67,912 to €65,812
of which Other amounts receivable: -€2,100
- Profit (loss) carried forward -€11,543
down €11,543 (-86.6%), from -€13,330 to -€24,873
- Trade debts -€5,774
down €5,774 (-90.9%), from €6,350 to €577
- Accrued charges and deferred income -€2,399
down €2,399 (-100.0%), from €2,399 to €0
- Other debts +€1,479
up €1,479 (+4.2%), from €35,636 to €37,115
- Gross operating margin -€12,127
down €12,127, from €3,872 to -€8,255
- Depreciation +€5,363
up €5,363 (+76.3%), from €7,031 to €12,393
- Financial income +€5,101
up €5,101 (+121.1%), from €4,213 to €9,314
- Financial charges -€2,339
down €2,339 (-95.2%), from €2,456 to €117
- Other operating charges +€682
up €682 (+136.3%), from €501 to €1,183
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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €124,646 | €105,319 | -€19,327 | -15.5% |
| Fixed assets | 21/28 | €26,841 | €14,448 | -€12,393 | -46.2% |
| Tangible fixed assets | 22/27 | €26,841 | €14,448 | -€12,393 | -46.2% |
| Furniture and vehicles | 24 | €646 | €252 | -€394 | -61.0% |
| Other tangible fixed assets | 26 | €26,195 | €14,196 | -€11,999 | -45.8% |
| Current assets | 29/58 | €97,804 | €90,870 | -€6,934 | -7.1% |
| Amounts receivable within one year | 40/41 | €67,912 | €65,812 | -€2,100 | -3.1% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €67,912 | €65,812 | -€2,100 | -3.1% |
| Current investments | 50/53 | €25,000 | €25,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €679 | €58 | -€621 | -91.4% |
| Deferred charges and accrued income | 490/1 | €4,213 | €0 | -€4,213 | -100.0% |
| Total equity and liabilities | 10/49 | €124,646 | €105,319 | -€19,327 | -15.5% |
| Equity | 10/15 | €80,261 | €67,627 | -€12,634 | -15.7% |
| Contributions | 10/11 | €92,500 | €92,500 | = | 0.0% |
| Capital | 10 | €92,500 | - | -€92,500 | |
| Issued capital | 100 | €92,500 | - | -€92,500 | |
| Reserves | 13 | €1,091 | €0 | -€1,091 | -100.0% |
| Non-distributable reserves | 130/1 | €1,091 | - | -€1,091 | |
| Legal reserve | 130 | €1,091 | - | -€1,091 | |
| Distributable reserves | 133 | - | €0 | = | |
| Profit (loss) carried forward | 14 | -€13,330 | -€24,873 | -€11,543 | -86.6% |
| Amounts payable | 17/49 | €44,385 | €37,692 | -€6,693 | -15.1% |
| Amounts payable within one year | 42/48 | €41,986 | €37,692 | -€4,294 | -10.2% |
| Trade debts | 44 | €6,350 | €577 | -€5,774 | -90.9% |
| Suppliers | 440/4 | €6,350 | €577 | -€5,774 | -90.9% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €35,636 | €37,115 | +€1,479 | +4.2% |
| Accrued charges and deferred income | 492/3 | €2,399 | €0 | -€2,399 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,031 | €12,393 | +€5,363 | +76.3% |
| Other operating charges | 640/8 | €501 | €1,183 | +€682 | +136.3% |
| Gross operating margin | 9900 | €3,872 | -€8,255 | -€12,127 | |
| Operating profit (loss) | 9901 | -€3,659 | -€21,831 | -€18,172 | -496.7% |
| Financial income | 75/76B | €4,213 | €9,314 | +€5,101 | +121.1% |
| Recurring financial income | 75 | €4,213 | €9,314 | +€5,101 | +121.1% |
| Financial charges | 65/66B | €2,456 | €117 | -€2,339 | -95.2% |
| Recurring financial charges | 65 | €2,456 | €117 | -€2,339 | -95.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,901 | -€12,634 | -€10,733 | -564.5% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€1,901 | -€12,634 | -€10,733 | -564.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,901 | -€12,634 | -€10,733 | -564.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 January 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.