JIEGUO: 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.
JIEGUO
Largest movements
- Current investments -€90,000
down €90,000 (-100%), from €90,000 to €0
- Cash +€40,511
up €40,511 (+327%), from €12,376 to €52,887
mainly Current investments (+€90,000) and Net result for the year (+€52,638)
- Receivables within one year +€9,892
up €9,892 (+64.7%), from €15,278 to €25,169
of which Other amounts receivable: +€5,034
- Reserves -€21,562
down €21,562 (-17.7%), from €122,038 to €100,476
- Tax, wage and social debts -€16,321
down €16,321 (-82.5%), from €19,795 to €3,474
of which Taxes: -€16,371
- Trade debts +€2,742
up €2,742 (+224%), from €1,226 to €3,968
- Debts after one year -€2,658
down €2,658 (-100%), from €2,658 to €0
- Current portion of long-term debt -€2,464
down €2,464 (-48.1%), from €5,122 to €2,658
- Gross operating margin -€16,100
down €16,100 (-18.4%), from €87,590 to €71,490
- Other operating charges -€10,680
down €10,680 (-93.9%), from €11,374 to €694
- Financial income -€1,058
down €1,058 (-51.9%), from €2,041 to €983
- Taxes -€927
down €927 (-5.9%), from €15,749 to €14,821
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 | €161,671 | €120,576 | -€41,095 | -25.4% |
| Fixed assets | 21/28 | €43,161 | €41,668 | -€1,493 | -3.5% |
| Tangible fixed assets | 22/27 | €43,161 | €41,668 | -€1,493 | -3.5% |
| Land and buildings | 22 | €38,565 | €36,263 | -€2,302 | -6.0% |
| Furniture and vehicles | 24 | €4,597 | €5,405 | +€809 | +17.6% |
| Current assets | 29/58 | €118,510 | €78,908 | -€39,602 | -33.4% |
| Amounts receivable within one year | 40/41 | €15,278 | €25,169 | +€9,892 | +64.7% |
| Trade receivables | 40 | €14,971 | €19,829 | +€4,858 | +32.5% |
| Other amounts receivable | 41 | €307 | €5,340 | +€5,034 | +1,640% |
| Current investments | 50/53 | €90,000 | €0 | -€90,000 | -100% |
| Cash at bank and in hand | 54/58 | €12,376 | €52,887 | +€40,511 | +327% |
| Deferred charges and accrued income | 490/1 | €856 | €852 | -€5 | -0.6% |
| Total equity and liabilities | 10/49 | €161,671 | €120,576 | -€41,095 | -25.4% |
| Equity | 10/15 | €132,038 | €110,476 | -€21,562 | -16.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €122,038 | €100,476 | -€21,562 | -17.7% |
| Distributable reserves | 133 | €122,038 | €100,476 | -€21,562 | -17.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €29,633 | €10,100 | -€19,533 | -65.9% |
| Amounts payable after more than one year | 17 | €2,658 | €0 | -€2,658 | -100% |
| Financial debts | 170/4 | €2,658 | €0 | -€2,658 | -100% |
| Amounts payable within one year | 42/48 | €26,976 | €10,100 | -€16,876 | -62.6% |
| Current portion of amounts payable after more than one year | 42 | €5,122 | €2,658 | -€2,464 | -48.1% |
| Trade debts | 44 | €1,226 | €3,968 | +€2,742 | +224% |
| Suppliers | 440/4 | €1,226 | €3,968 | +€2,742 | +224% |
| Taxes, remuneration and social security | 45 | €19,795 | €3,474 | -€16,321 | -82.5% |
| Taxes | 450/3 | €17,295 | €924 | -€16,371 | -94.7% |
| Remuneration and social security | 454/9 | €2,500 | €2,550 | +€50 | +2.0% |
| Other amounts payable | 47/48 | €833 | €0 | -€833 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,644 | €3,444 | -€200 | -5.5% |
| Other operating charges | 640/8 | €11,374 | €694 | -€10,680 | -93.9% |
| Non-recurring operating charges | 66A | - | €321 | +€321 | |
| Gross operating margin | 9900 | €87,590 | €71,490 | -€16,100 | -18.4% |
| Operating profit (loss) | 9901 | €72,572 | €67,031 | -€5,541 | -7.6% |
| Financial income | 75/76B | €2,041 | €983 | -€1,058 | -51.9% |
| Recurring financial income | 75 | €2,041 | €983 | -€1,058 | -51.9% |
| Financial charges | 65/66B | €701 | €554 | -€148 | -21.1% |
| Recurring financial charges | 65 | €701 | €554 | -€148 | -21.1% |
| Profit (loss) for the period before taxes | 9903 | €73,911 | €67,460 | -€6,451 | -8.7% |
| Income taxes | 67/77 | €15,749 | €14,821 | -€927 | -5.9% |
| Profit (loss) for the period | 9904 | €58,162 | €52,638 | -€5,524 | -9.5% |
| Profit (loss) for the period to be appropriated | 9905 | €58,162 | €52,638 | -€5,524 | -9.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.