JETWORLD: 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.
JETWORLD
Largest movements
- Receivables within one year +€299,172
up €299,172 (+3519.6%), from €8,500 to €307,672
of which Trade receivables: +€299,246
- Cash -€30,795
down €30,795 (-70.9%), from €43,404 to €12,609
mainly Receivables within one year (-€299,172) and Accrued charges and deferred income (-€5,250)
- Trade debts +€141,867
up €141,867 (+579.1%), from €24,496 to €166,363
- Debts after one year +€96,500
new in 2025: €96,500
- Reserves +€20,329
up €20,329 (+138.7%), from €14,659 to €34,988
- Tax, wage and social debts +€10,410
new in 2025: €10,410
of which Remuneration and social security: +€6,147
- Accrued charges and deferred income -€5,250
no longer reported in 2025 (was €5,250)
- Gross operating margin +€51,764
up €51,764 (+234.0%), from €22,125 to €73,889
- Staff costs +€47,048
new in 2025: €47,048
- Taxes +€4,913
new in 2025: €4,913
- Financial charges +€825
up €825 (+106.7%), from €773 to €1,598
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 | €51,905 | €320,281 | +€268,377 | +517.1% |
| Current assets | 29/58 | €51,905 | €320,281 | +€268,377 | +517.1% |
| Amounts receivable within one year | 40/41 | €8,500 | €307,672 | +€299,172 | +3519.6% |
| Trade receivables | 40 | €8,248 | €307,494 | +€299,246 | +3628.0% |
| Other amounts receivable | 41 | €252 | €179 | -€73 | -29.1% |
| Cash at bank and in hand | 54/58 | €43,404 | €12,609 | -€30,795 | -70.9% |
| Total equity and liabilities | 10/49 | €51,905 | €320,281 | +€268,377 | +517.1% |
| Equity | 10/15 | €22,159 | €42,488 | +€20,329 | +91.7% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €14,659 | €34,988 | +€20,329 | +138.7% |
| Distributable reserves | 133 | €14,659 | €34,988 | +€20,329 | +138.7% |
| Amounts payable | 17/49 | €29,746 | €277,794 | +€248,048 | +833.9% |
| Amounts payable after more than one year | 17 | - | €96,500 | +€96,500 | |
| Financial debts | 170/4 | - | €96,500 | +€96,500 | |
| Amounts payable within one year | 42/48 | €24,496 | €181,294 | +€156,798 | +640.1% |
| Financial debts | 43 | - | €4,520 | +€4,520 | |
| Credit institutions | 430/8 | - | €4,520 | +€4,520 | |
| Trade debts | 44 | €24,496 | €166,363 | +€141,867 | +579.1% |
| Suppliers | 440/4 | €24,496 | €166,363 | +€141,867 | +579.1% |
| Taxes, remuneration and social security | 45 | - | €10,410 | +€10,410 | |
| Taxes | 450/3 | - | €4,263 | +€4,263 | |
| Remuneration and social security | 454/9 | - | €6,147 | +€6,147 | |
| Accrued charges and deferred income | 492/3 | €5,250 | - | -€5,250 | |
| Remuneration, social security and pensions | 62 | - | €47,048 | +€47,048 | |
| Gross operating margin | 9900 | €22,125 | €73,889 | +€51,764 | +234.0% |
| Operating profit (loss) | 9901 | €22,125 | €26,841 | +€4,716 | +21.3% |
| Financial charges | 65/66B | €773 | €1,598 | +€825 | +106.7% |
| Recurring financial charges | 65 | €773 | €1,598 | +€825 | +106.7% |
| Profit (loss) for the period before taxes | 9903 | €21,352 | €25,243 | +€3,891 | +18.2% |
| Income taxes | 67/77 | - | €4,913 | +€4,913 | |
| Profit (loss) for the period | 9904 | €21,352 | €20,329 | -€1,023 | -4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €21,352 | €20,329 | -€1,023 | -4.8% |
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 12 October 2026 via checked.be.