JETHO: 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.
JETHO
Largest movements
- Cash +€71,159
up €71,159 (+568.2%), from €12,524 to €83,683
mainly Net result for the year (+€74,730) and Current investments (+€15,000)
- Receivables within one year +€20,708
up €20,708 (+76.7%), from €27,002 to €47,710
of which Other amounts receivable: +€17,337
- Current investments -€15,000
down €15,000 (-50.0%), from €30,000 to €15,000
- Tangible fixed assets +€4,863
up €4,863 (+202.5%), from €2,402 to €7,265
of which Furniture and vehicles: +€2,740
- Profit (loss) carried forward +€73,897
up €73,897 (+128.6%), from €57,461 to €131,358
- Tax, wage and social debts +€7,165
up €7,165 (+48.0%), from €14,938 to €22,102
- Gross operating margin +€39,511
up €39,511 (+67.0%), from €58,935 to €98,446
- Taxes +€7,223
up €7,223 (+53.9%), from €13,403 to €20,626
- Depreciation +€2,456
up €2,456 (+333.0%), from €738 to €3,194
- Financial income +€1,387
up €1,387 (+4623800.0%), from €0 to €1,387
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 | €75,513 | €156,667 | +€81,154 | +107.5% |
| Fixed assets | 21/28 | €3,002 | €7,865 | +€4,863 | +162.0% |
| Tangible fixed assets | 22/27 | €2,402 | €7,265 | +€4,863 | +202.5% |
| Plant, machinery and equipment | 23 | - | €2,123 | +€2,123 | |
| Furniture and vehicles | 24 | €2,402 | €5,142 | +€2,740 | +114.1% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €72,511 | €148,802 | +€76,291 | +105.2% |
| Amounts receivable within one year | 40/41 | €27,002 | €47,710 | +€20,708 | +76.7% |
| Trade receivables | 40 | €13,669 | €17,040 | +€3,371 | +24.7% |
| Other amounts receivable | 41 | €13,333 | €30,670 | +€17,337 | +130.0% |
| Current investments | 50/53 | €30,000 | €15,000 | -€15,000 | -50.0% |
| Cash at bank and in hand | 54/58 | €12,524 | €83,683 | +€71,159 | +568.2% |
| Deferred charges and accrued income | 490/1 | €2,985 | €2,409 | -€576 | -19.3% |
| Total equity and liabilities | 10/49 | €75,513 | €156,667 | +€81,154 | +107.5% |
| Equity | 10/15 | €58,961 | €132,858 | +€73,897 | +125.3% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,461 | €131,358 | +€73,897 | +128.6% |
| Amounts payable | 17/49 | €16,553 | €23,809 | +€7,257 | +43.8% |
| Amounts payable within one year | 42/48 | €16,553 | €23,809 | +€7,257 | +43.8% |
| Trade debts | 44 | €1,615 | €1,707 | +€92 | +5.7% |
| Suppliers | 440/4 | €1,615 | €1,707 | +€92 | +5.7% |
| Taxes, remuneration and social security | 45 | €14,938 | €22,102 | +€7,165 | +48.0% |
| Taxes | 450/3 | €14,938 | €22,102 | +€7,165 | +48.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €738 | €3,194 | +€2,456 | +333.0% |
| Other operating charges | 640/8 | €212 | €210 | -€2 | -0.8% |
| Gross operating margin | 9900 | €58,935 | €98,446 | +€39,511 | +67.0% |
| Operating profit (loss) | 9901 | €57,985 | €95,041 | +€37,056 | +63.9% |
| Financial income | 75/76B | €0 | €1,387 | +€1,387 | +4623800.0% |
| Recurring financial income | 75 | €0 | €1,387 | +€1,387 | +4623800.0% |
| Financial charges | 65/66B | €1,529 | €1,072 | -€457 | -29.9% |
| Recurring financial charges | 65 | €1,529 | €1,072 | -€457 | -29.9% |
| Profit (loss) for the period before taxes | 9903 | €56,456 | €95,356 | +€38,901 | +68.9% |
| Income taxes | 67/77 | €13,403 | €20,626 | +€7,223 | +53.9% |
| Profit (loss) for the period | 9904 | €43,053 | €74,730 | +€31,678 | +73.6% |
| Profit (loss) for the period to be appropriated | 9905 | €43,053 | €74,730 | +€31,678 | +73.6% |
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 11 October 2026 via checked.be.