JETTOCRESS: what changed
JETTOCRESS
Largest movements
- Cash +€48,131
up €48,131 (+27.2%), from €176,977 to €225,108
mainly Stocks and contracts (+€24,306) and Receivables within one year (+€17,899)
- Stocks and contracts -€24,306
down €24,306 (-27.0%), from €90,178 to €65,872
- Receivables within one year -€17,899
down €17,899 (-19.1%), from €93,597 to €75,697
of which Other amounts receivable: -€9,015
- Tangible fixed assets -€16,306
down €16,306 (-23.6%), from €69,073 to €52,767
of which Furniture and vehicles: -€12,626
- Deferred charges and accrued income -€5,713
down €5,713 (-84.1%), from €6,790 to €1,077
- Trade debts -€46,782
down €46,782 (-64.0%), from €73,091 to €26,309
- Other debts +€14,771
up €14,771 (+9.7%), from €151,748 to €166,519
- Reserves +€12,367
up €12,367 (+7.3%), from €168,903 to €181,271
- Staff costs +€24,986
up €24,986 (+294%), from €8,485 to €33,471
- Gross operating margin +€20,834
up €20,834 (+38.6%), from €53,905 to €74,739
- Depreciation +€6,359
up €6,359 (+63.9%), from €9,946 to €16,306
- Financial charges -€5,297
down €5,297 (-35.8%), from €14,796 to €9,499
- Financial income +€1,762
up €1,762 (+14,707%), from €12 to €1,774
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €436,614 | €420,521 | -€16,093 | -3.7% |
| Fixed assets | 21/28 | €69,073 | €52,767 | -€16,306 | -23.6% |
| Tangible fixed assets | 22/27 | €69,073 | €52,767 | -€16,306 | -23.6% |
| Plant, machinery and equipment | 23 | €11,104 | €7,424 | -€3,680 | -33.1% |
| Furniture and vehicles | 24 | €57,969 | €45,343 | -€12,626 | -21.8% |
| Current assets | 29/58 | €367,541 | €367,753 | +€212 | +0.1% |
| Stocks and contracts in progress | 3 | €90,178 | €65,872 | -€24,306 | -27.0% |
| Stocks | 30/36 | €90,178 | €65,872 | -€24,306 | -27.0% |
| Amounts receivable within one year | 40/41 | €93,597 | €75,697 | -€17,899 | -19.1% |
| Trade receivables | 40 | €71,048 | €62,164 | -€8,884 | -12.5% |
| Other amounts receivable | 41 | €22,549 | €13,534 | -€9,015 | -40.0% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €176,977 | €225,108 | +€48,131 | +27.2% |
| Deferred charges and accrued income | 490/1 | €6,790 | €1,077 | -€5,713 | -84.1% |
| Total equity and liabilities | 10/49 | €436,614 | €420,521 | -€16,093 | -3.7% |
| Equity | 10/15 | €200,903 | €213,271 | +€12,367 | +6.2% |
| Contributions | 10/11 | €32,000 | €32,000 | = | 0.0% |
| Reserves | 13 | €168,903 | €181,271 | +€12,367 | +7.3% |
| Distributable reserves | 133 | €168,903 | €181,271 | +€12,367 | +7.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €235,711 | €207,250 | -€28,461 | -12.1% |
| Amounts payable within one year | 42/48 | €226,564 | €197,939 | -€28,626 | -12.6% |
| Trade debts | 44 | €73,091 | €26,309 | -€46,782 | -64.0% |
| Suppliers | 440/4 | €73,091 | €26,309 | -€46,782 | -64.0% |
| Taxes, remuneration and social security | 45 | €1,726 | €5,111 | +€3,385 | +196% |
| Taxes | 450/3 | €1,245 | €1,935 | +€690 | +55.4% |
| Remuneration and social security | 454/9 | €481 | €3,176 | +€2,696 | +561% |
| Other amounts payable | 47/48 | €151,748 | €166,519 | +€14,771 | +9.7% |
| Accrued charges and deferred income | 492/3 | €9,146 | €9,311 | +€165 | +1.8% |
| Non-recurring operating income | 76A | €11,508 | €24,502 | +€12,994 | +113% |
| Remuneration, social security and pensions | 62 | €8,485 | €33,471 | +€24,986 | +294% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,946 | €16,306 | +€6,359 | +63.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €248 | €0 | -€248 | -100% |
| Other operating charges | 640/8 | €577 | €194 | -€383 | -66.4% |
| Gross operating margin | 9900 | €53,905 | €74,739 | +€20,834 | +38.6% |
| Operating profit (loss) | 9901 | €34,649 | €24,768 | -€9,881 | -28.5% |
| Financial income | 75/76B | €12 | €1,774 | +€1,762 | +14,707% |
| Recurring financial income | 75 | €12 | €1,774 | +€1,762 | +14,707% |
| Financial charges | 65/66B | €14,796 | €9,499 | -€5,297 | -35.8% |
| Recurring financial charges | 65 | €14,796 | €9,499 | -€5,297 | -35.8% |
| Profit (loss) for the period before taxes | 9903 | €19,865 | €17,043 | -€2,822 | -14.2% |
| Income taxes | 67/77 | €5,531 | €4,675 | -€856 | -15.5% |
| Profit (loss) for the period | 9904 | €14,334 | €12,367 | -€1,967 | -13.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,334 | €12,367 | -€1,967 | -13.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.