JETIBEL: 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.
JETIBEL
Largest movements
- Tangible fixed assets -€20,508
down €20,508 (-4.4%), from €467,355 to €446,847
of which Land and buildings: -€20,751
- Cash +€14,845
up €14,845 (+73.6%), from €20,181 to €35,026
mainly Depreciation (+€20,751) and Net result for the year (+€8,660)
- Accrued charges and deferred income -€17,123
down €17,123 (-18.0%), from €95,015 to €77,892
- Profit (loss) carried forward +€7,542
up €7,542, from -€7,542 to €0
- Gross operating margin +€19,226
up €19,226 (+238%), from €8,075 to €27,301
- Purchases and services -€5,213
down €5,213 (-53.2%), from €9,808 to €4,595
- Financial income -€1,883
down €1,883 (-31.1%), from €6,047 to €4,164
of which Non-recurring financial income: -€1,000
- Staff costs +€1,212
new in 2025: €1,212
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 | €605,460 | €598,488 | -€6,971 | -1.2% |
| Fixed assets | 21/28 | €467,355 | €446,847 | -€20,508 | -4.4% |
| Tangible fixed assets | 22/27 | €467,355 | €446,847 | -€20,508 | -4.4% |
| Land and buildings | 22 | €467,355 | €446,604 | -€20,751 | -4.4% |
| Furniture and vehicles | 24 | - | €243 | +€243 | |
| Current assets | 29/58 | €138,104 | €151,641 | +€13,537 | +9.8% |
| Amounts receivable within one year | 40/41 | €17,927 | €16,620 | -€1,307 | -7.3% |
| Trade receivables | 40 | €75 | €250 | +€175 | +233% |
| Other amounts receivable | 41 | €17,852 | €16,370 | -€1,482 | -8.3% |
| Current investments | 50/53 | €99,996 | €99,996 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €20,181 | €35,026 | +€14,845 | +73.6% |
| Deferred charges and accrued income | 490/1 | €0 | €0 | = | |
| Total equity and liabilities | 10/49 | €605,460 | €598,488 | -€6,971 | -1.2% |
| Equity | 10/15 | €505,606 | €514,266 | +€8,660 | +1.7% |
| Contributions | 10/11 | €148,736 | €148,736 | = | 0.0% |
| Reserves | 13 | €364,412 | €365,530 | +€1,118 | +0.3% |
| Distributable reserves | 133 | €364,412 | €365,530 | +€1,118 | +0.3% |
| Profit (loss) carried forward | 14 | -€7,542 | €0 | +€7,542 | |
| Amounts payable | 17/49 | €99,854 | €84,223 | -€15,632 | -15.7% |
| Amounts payable within one year | 42/48 | €4,839 | €6,331 | +€1,492 | +30.8% |
| Trade debts | 44 | €290 | €290 | = | 0.0% |
| Suppliers | 440/4 | €290 | €290 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €0 | €1,492 | +€1,492 | |
| Taxes | 450/3 | €0 | €280 | +€280 | |
| Remuneration and social security | 454/9 | - | €1,212 | +€1,212 | |
| Other amounts payable | 47/48 | €4,549 | €4,549 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €95,015 | €77,892 | -€17,123 | -18.0% |
| Non-recurring operating income | 76A | €4,164 | €4,164 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €9,808 | €4,595 | -€5,213 | -53.2% |
| Remuneration, social security and pensions | 62 | - | €1,212 | +€1,212 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,751 | €20,751 | = | 0.0% |
| Other operating charges | 640/8 | €811 | €724 | -€86 | -10.7% |
| Gross operating margin | 9900 | €8,075 | €27,301 | +€19,226 | +238% |
| Operating profit (loss) | 9901 | -€13,487 | €4,614 | +€18,100 | |
| Financial income | 75/76B | €6,047 | €4,164 | -€1,883 | -31.1% |
| Recurring financial income | 75 | €883 | €0 | -€883 | -100.0% |
| Non-recurring financial income | 76B | €5,164 | €4,164 | -€1,000 | -19.4% |
| Financial charges | 65/66B | €102 | €117 | +€15 | +14.9% |
| Recurring financial charges | 65 | €102 | €117 | +€15 | +14.9% |
| Profit (loss) for the period before taxes | 9903 | -€7,542 | €8,660 | +€16,203 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€7,542 | €8,660 | +€16,203 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,542 | €8,660 | +€16,203 |
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 18 October 2026 via checked.be.