JETS IT: 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.
JETS IT
Largest movements
- Current investments +€226,253
new in 2025: €226,253
- Cash -€161,047
down €161,047 (-95.0%), from €169,606 to €8,559
mainly Current investments (-€226,253) and Contributions, distributions and other (-€100,000)
- Deferred charges and accrued income +€17,603
up €17,603 (+8801.4%), from €200 to €17,803
- Receivables within one year +€13,701
up €13,701 (+84.6%), from €16,197 to €29,898
of which Trade receivables: +€14,984
- Tangible fixed assets +€7,135
up €7,135 (+50.9%), from €14,019 to €21,154
of which Furniture and vehicles: +€7,498
- Other debts +€78,204
up €78,204 (+128.7%), from €60,752 to €138,957
- Tax, wage and social debts +€18,771
up €18,771 (+223.0%), from €8,419 to €27,189
of which Taxes: +€15,774
- Reserves +€3,420
up €3,420 (+2.8%), from €120,314 to €123,734
- Trade debts +€3,139
up €3,139 (+583.0%), from €538 to €3,678
- Gross operating margin +€73,178
up €73,178 (+90.6%), from €80,745 to €153,923
- Taxes +€14,317
up €14,317 (+90.2%), from €15,875 to €30,192
- Financial charges +€6,918
up €6,918 (+44.8%), from €15,430 to €22,347
- Financial income -€3,664
down €3,664 (-32.5%), from €11,272 to €7,608
- Depreciation +€2,146
up €2,146 (+74.1%), from €2,897 to €5,043
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 | €200,023 | €303,667 | +€103,644 | +51.8% |
| Fixed assets | 21/28 | €14,019 | €21,154 | +€7,135 | +50.9% |
| Tangible fixed assets | 22/27 | €14,019 | €21,154 | +€7,135 | +50.9% |
| Plant, machinery and equipment | 23 | €606 | €243 | -€363 | -59.9% |
| Furniture and vehicles | 24 | €13,413 | €20,911 | +€7,498 | +55.9% |
| Current assets | 29/58 | €186,003 | €282,513 | +€96,510 | +51.9% |
| Amounts receivable within one year | 40/41 | €16,197 | €29,898 | +€13,701 | +84.6% |
| Trade receivables | 40 | €14,150 | €29,134 | +€14,984 | +105.9% |
| Other amounts receivable | 41 | €2,047 | €764 | -€1,283 | -62.7% |
| Current investments | 50/53 | - | €226,253 | +€226,253 | |
| Cash at bank and in hand | 54/58 | €169,606 | €8,559 | -€161,047 | -95.0% |
| Deferred charges and accrued income | 490/1 | €200 | €17,803 | +€17,603 | +8801.4% |
| Total equity and liabilities | 10/49 | €200,023 | €303,667 | +€103,644 | +51.8% |
| Equity | 10/15 | €130,314 | €133,734 | +€3,420 | +2.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €120,314 | €123,734 | +€3,420 | +2.8% |
| Distributable reserves | 133 | €120,314 | €123,734 | +€3,420 | +2.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €69,709 | €169,934 | +€100,224 | +143.8% |
| Amounts payable within one year | 42/48 | €69,709 | €169,823 | +€100,114 | +143.6% |
| Trade debts | 44 | €538 | €3,678 | +€3,139 | +583.0% |
| Suppliers | 440/4 | €538 | €3,678 | +€3,139 | +583.0% |
| Taxes, remuneration and social security | 45 | €8,419 | €27,189 | +€18,771 | +223.0% |
| Taxes | 450/3 | €8,419 | €24,192 | +€15,774 | +187.4% |
| Remuneration and social security | 454/9 | - | €2,997 | +€2,997 | |
| Other amounts payable | 47/48 | €60,752 | €138,957 | +€78,204 | +128.7% |
| Accrued charges and deferred income | 492/3 | - | €110 | +€110 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,897 | €5,043 | +€2,146 | +74.1% |
| Other operating charges | 640/8 | €666 | €528 | -€138 | -20.8% |
| Gross operating margin | 9900 | €80,745 | €153,923 | +€73,178 | +90.6% |
| Operating profit (loss) | 9901 | €77,182 | €148,352 | +€71,170 | +92.2% |
| Financial income | 75/76B | €11,272 | €7,608 | -€3,664 | -32.5% |
| Recurring financial income | 75 | €11,272 | €7,608 | -€3,664 | -32.5% |
| Financial charges | 65/66B | €15,430 | €22,347 | +€6,918 | +44.8% |
| Recurring financial charges | 65 | €15,430 | €22,347 | +€6,918 | +44.8% |
| Profit (loss) for the period before taxes | 9903 | €73,024 | €133,612 | +€60,588 | +83.0% |
| Income taxes | 67/77 | €15,875 | €30,192 | +€14,317 | +90.2% |
| Profit (loss) for the period | 9904 | €57,149 | €103,420 | +€46,271 | +81.0% |
| Profit (loss) for the period to be appropriated | 9905 | €57,149 | €103,420 | +€46,271 | +81.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.