JETO: 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.
JETO
Largest movements
- Cash -€1,014
down €1,014 (-50.9%), from €1,994 to €980
mainly Trade debts (-€4,173) and Tax, wage and social debts (-€2,057)
- Receivables within one year +€666
up €666 (+27.4%), from €2,427 to €3,093
of which Trade receivables: +€641
- Tangible fixed assets -€641
down €641 (-14.0%), from €4,569 to €3,928
of which Other tangible fixed assets: -€641
- Deferred charges and accrued income -€419
down €419 (-69.0%), from €607 to €188
- Stocks and contracts -€333
down €333 (-7.5%), from €4,423 to €4,090
- Other debts +€4,573
up €4,573 (+140%), from €3,269 to €7,842
- Trade debts -€4,173
down €4,173 (-81.2%), from €5,139 to €967
- Tax, wage and social debts -€2,057
down €2,057 (-57.9%), from €3,554 to €1,497
of which Remuneration and social security: -€1,100
- Depreciation -€578
down €578 (-47.4%), from €1,219 to €641
- Gross operating margin +€439
up €439 (+9.0%), from €4,871 to €5,310
- Other operating charges +€439
up €439 (+45.6%), from €962 to €1,401
- Taxes +€238
up €238 (+37.8%), from €630 to €868
- Financial charges -€201
down €201 (-7.5%), from €2,686 to €2,485
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 | €14,020 | €12,279 | -€1,741 | -12.4% |
| Fixed assets | 21/28 | €4,569 | €3,928 | -€641 | -14.0% |
| Tangible fixed assets | 22/27 | €4,569 | €3,928 | -€641 | -14.0% |
| Furniture and vehicles | 24 | €3,834 | €3,834 | = | 0.0% |
| Other tangible fixed assets | 26 | €735 | €94 | -€641 | -87.2% |
| Current assets | 29/58 | €9,451 | €8,351 | -€1,100 | -11.6% |
| Stocks and contracts in progress | 3 | €4,423 | €4,090 | -€333 | -7.5% |
| Stocks | 30/36 | €4,423 | €4,090 | -€333 | -7.5% |
| Amounts receivable within one year | 40/41 | €2,427 | €3,093 | +€666 | +27.4% |
| Trade receivables | 40 | €665 | €1,306 | +€641 | +96.4% |
| Other amounts receivable | 41 | €1,762 | €1,787 | +€25 | +1.4% |
| Cash at bank and in hand | 54/58 | €1,994 | €980 | -€1,014 | -50.9% |
| Deferred charges and accrued income | 490/1 | €607 | €188 | -€419 | -69.0% |
| Total equity and liabilities | 10/49 | €14,020 | €12,279 | -€1,741 | -12.4% |
| Equity | 10/15 | €2,058 | €1,973 | -€85 | -4.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€942 | -€1,027 | -€85 | -9.0% |
| Amounts payable | 17/49 | €11,962 | €10,306 | -€1,657 | -13.8% |
| Amounts payable within one year | 42/48 | €11,962 | €10,306 | -€1,657 | -13.8% |
| Trade debts | 44 | €5,139 | €967 | -€4,173 | -81.2% |
| Suppliers | 440/4 | €5,139 | €967 | -€4,173 | -81.2% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €3,554 | €1,497 | -€2,057 | -57.9% |
| Taxes | 450/3 | €2,454 | €1,497 | -€957 | -39.0% |
| Remuneration and social security | 454/9 | €1,100 | €0 | -€1,100 | -100% |
| Other amounts payable | 47/48 | €3,269 | €7,842 | +€4,573 | +140% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,219 | €641 | -€578 | -47.4% |
| Other operating charges | 640/8 | €962 | €1,401 | +€439 | +45.6% |
| Gross operating margin | 9900 | €4,871 | €5,310 | +€439 | +9.0% |
| Operating profit (loss) | 9901 | €2,689 | €3,268 | +€578 | +21.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €2,686 | €2,485 | -€201 | -7.5% |
| Recurring financial charges | 65 | €2,686 | €2,485 | -€201 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €3 | €783 | +€780 | +22,994% |
| Income taxes | 67/77 | €630 | €868 | +€238 | +37.8% |
| Profit (loss) for the period | 9904 | -€626 | -€85 | +€542 | +86.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€626 | -€85 | +€542 | +86.5% |
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 14 October 2026 via checked.be.