JEXA: 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.
JEXA
Largest movements
- Current investments +€8,970
up €8,970 (+9.7%), from €92,789 to €101,759
- Tangible fixed assets -€7,784
down €7,784 (-72.8%), from €10,685 to €2,901
- Cash -€2,411
down €2,411 (-30.1%), from €8,005 to €5,594
mainly Current investments (-€8,970) and Net result for the year (-€1,767)
- Profit (loss) carried forward -€1,767
down €1,767 (-1.8%), from €99,139 to €97,372
- Financial income +€4,691
up €4,691 (+54.9%), from €8,543 to €13,234
- Gross operating margin -€4,401
down €4,401 (-36.5%), from €12,050 to €7,649
- Other operating charges +€2,638
up €2,638 (+228.0%), from €1,157 to €3,795
- Taxes -€535
down €535 (-19.4%), from €2,764 to €2,229
- Staff costs +€205
up €205 (+2.4%), from €8,461 to €8,666
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €114,641 | €113,073 | -€1,568 | -1.4% |
| Fixed assets | 21/28 | €10,685 | €2,901 | -€7,784 | -72.8% |
| Tangible fixed assets | 22/27 | €10,685 | €2,901 | -€7,784 | -72.8% |
| Furniture and vehicles | 24 | €10,685 | €2,901 | -€7,784 | -72.8% |
| Current assets | 29/58 | €103,956 | €110,172 | +€6,216 | +6.0% |
| Amounts receivable within one year | 40/41 | €2,470 | €2,466 | -€4 | -0.2% |
| Trade receivables | 40 | €2,250 | €2,250 | = | 0.0% |
| Other amounts receivable | 41 | €220 | €216 | -€4 | -1.8% |
| Current investments | 50/53 | €92,789 | €101,759 | +€8,970 | +9.7% |
| Cash at bank and in hand | 54/58 | €8,005 | €5,594 | -€2,411 | -30.1% |
| Deferred charges and accrued income | 490/1 | €692 | €353 | -€339 | -49.0% |
| Total equity and liabilities | 10/49 | €114,641 | €113,073 | -€1,568 | -1.4% |
| Equity | 10/15 | €113,539 | €111,772 | -€1,767 | -1.6% |
| Contributions | 10/11 | €14,400 | €14,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €99,139 | €97,372 | -€1,767 | -1.8% |
| Amounts payable | 17/49 | €1,102 | €1,301 | +€199 | +18.1% |
| Amounts payable within one year | 42/48 | €910 | €1,101 | +€191 | +21.0% |
| Taxes, remuneration and social security | 45 | - | €70 | +€70 | |
| Taxes | 450/3 | - | €70 | +€70 | |
| Other amounts payable | 47/48 | €910 | €1,031 | +€121 | +13.3% |
| Accrued charges and deferred income | 492/3 | €192 | €200 | +€8 | +4.2% |
| Remuneration, social security and pensions | 62 | €8,461 | €8,666 | +€205 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,943 | €7,784 | -€159 | -2.0% |
| Other operating charges | 640/8 | €1,157 | €3,795 | +€2,638 | +228.0% |
| Gross operating margin | 9900 | €12,050 | €7,649 | -€4,401 | -36.5% |
| Operating profit (loss) | 9901 | -€5,511 | -€12,596 | -€7,085 | -128.6% |
| Financial income | 75/76B | €8,543 | €13,234 | +€4,691 | +54.9% |
| Recurring financial income | 75 | €8,543 | €13,234 | +€4,691 | +54.9% |
| Financial charges | 65/66B | €189 | €176 | -€13 | -6.9% |
| Recurring financial charges | 65 | €189 | €176 | -€13 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €2,843 | €462 | -€2,381 | -83.7% |
| Income taxes | 67/77 | €2,764 | €2,229 | -€535 | -19.4% |
| Profit (loss) for the period | 9904 | €79 | -€1,767 | -€1,846 | |
| Profit (loss) for the period to be appropriated | 9905 | €79 | -€1,767 | -€1,846 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.