JISKO: 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.
JISKO
Largest movements
- Current investments -€20,000
no longer reported in 2025 (was €20,000)
- Cash +€12,822
up €12,822 (+27.6%), from €46,522 to €59,344
mainly Net result for the year (+€42,008) and Current investments (+€20,000)
- Tangible fixed assets -€9,521
down €9,521 (-41.9%), from €22,745 to €13,224
of which Furniture and vehicles: -€8,433
- Receivables within one year +€3,753
up €3,753 (+103.1%), from €3,640 to €7,393
of which Trade receivables: +€6,194
- Intangible fixed assets +€1,611
new in 2025: €1,611
- Reserves -€25,932
down €25,932 (-36.7%), from €70,672 to €44,740
- Other debts +€13,181
new in 2025: €13,181
- Tax, wage and social debts +€3,148
up €3,148 (+15.4%), from €20,446 to €23,595
of which Taxes: +€3,148
- Trade debts -€1,188
down €1,188 (-37.6%), from €3,162 to €1,973
- Gross operating margin -€15,421
down €15,421 (-17.0%), from €90,872 to €75,451
- Taxes -€4,788
down €4,788 (-21.2%), from €22,616 to €17,828
- Depreciation +€2,574
up €2,574 (+20.5%), from €12,558 to €15,132
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 | €97,280 | €86,208 | -€11,072 | -11.4% |
| Fixed assets | 21/28 | €22,745 | €14,835 | -€7,911 | -34.8% |
| Intangible fixed assets | 21 | - | €1,611 | +€1,611 | |
| Tangible fixed assets | 22/27 | €22,745 | €13,224 | -€9,521 | -41.9% |
| Plant, machinery and equipment | 23 | €3,909 | €2,942 | -€967 | -24.7% |
| Furniture and vehicles | 24 | €18,542 | €10,110 | -€8,433 | -45.5% |
| Other tangible fixed assets | 26 | €294 | €173 | -€122 | -41.3% |
| Current assets | 29/58 | €74,535 | €71,374 | -€3,161 | -4.2% |
| Amounts receivable within one year | 40/41 | €3,640 | €7,393 | +€3,753 | +103.1% |
| Trade receivables | 40 | €384 | €6,578 | +€6,194 | +1612.9% |
| Other amounts receivable | 41 | €3,256 | €815 | -€2,441 | -75.0% |
| Current investments | 50/53 | €20,000 | - | -€20,000 | |
| Cash at bank and in hand | 54/58 | €46,522 | €59,344 | +€12,822 | +27.6% |
| Deferred charges and accrued income | 490/1 | €4,372 | €4,637 | +€265 | +6.1% |
| Total equity and liabilities | 10/49 | €97,280 | €86,208 | -€11,072 | -11.4% |
| Equity | 10/15 | €73,672 | €47,459 | -€26,213 | -35.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €70,672 | €44,740 | -€25,932 | -36.7% |
| Distributable reserves | 133 | €70,672 | €44,740 | -€25,932 | -36.7% |
| Profit (loss) carried forward | 14 | - | -€281 | -€281 | |
| Amounts payable | 17/49 | €23,608 | €38,749 | +€15,141 | +64.1% |
| Amounts payable within one year | 42/48 | €23,608 | €38,749 | +€15,141 | +64.1% |
| Trade debts | 44 | €3,162 | €1,973 | -€1,188 | -37.6% |
| Suppliers | 440/4 | €3,162 | €1,973 | -€1,188 | -37.6% |
| Taxes, remuneration and social security | 45 | €20,446 | €23,595 | +€3,148 | +15.4% |
| Taxes | 450/3 | €18,546 | €21,695 | +€3,148 | +17.0% |
| Remuneration and social security | 454/9 | €1,900 | €1,900 | -€0 | 0.0% |
| Other amounts payable | 47/48 | - | €13,181 | +€13,181 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,558 | €15,132 | +€2,574 | +20.5% |
| Other operating charges | 640/8 | €1,026 | €801 | -€225 | -21.9% |
| Non-recurring operating charges | 66A | €525 | - | -€525 | |
| Gross operating margin | 9900 | €90,872 | €75,451 | -€15,421 | -17.0% |
| Operating profit (loss) | 9901 | €76,763 | €59,517 | -€17,246 | -22.5% |
| Financial income | 75/76B | €443 | €615 | +€172 | +38.8% |
| Recurring financial income | 75 | €360 | €615 | +€254 | +70.7% |
| Non-recurring financial income | 76B | €83 | - | -€83 | |
| Financial charges | 65/66B | €174 | €296 | +€122 | +70.2% |
| Recurring financial charges | 65 | €174 | €296 | +€122 | +70.2% |
| Profit (loss) for the period before taxes | 9903 | €77,032 | €59,836 | -€17,196 | -22.3% |
| Income taxes | 67/77 | €22,616 | €17,828 | -€4,788 | -21.2% |
| Profit (loss) for the period | 9904 | €54,415 | €42,008 | -€12,408 | -22.8% |
| Profit (loss) for the period to be appropriated | 9905 | €54,415 | €42,008 | -€12,408 | -22.8% |
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 8 October 2026 via checked.be.