JJAS: 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.
JJAS
Largest movements
- Tangible fixed assets -€33,055
down €33,055 (-75.5%), from €43,810 to €10,755
of which Land and buildings: -€33,006
- Cash -€1,948
down €1,948 (-35.8%), from €5,447 to €3,499
mainly Debts after one year (-€30,465) and Other debts (-€7,999)
- Debts after one year -€30,465
down €30,465 (-79.5%), from €38,302 to €7,837
- Other debts -€7,999
down €7,999 (-25.8%), from €31,024 to €23,025
- Profit (loss) carried forward +€2,095
up €2,095 (+2.1%), from -€99,168 to -€97,073
- Current portion of long-term debt +€1,366
up €1,366 (+4.7%), from €29,099 to €30,465
- Gross operating margin -€5,926
down €5,926 (-12.5%), from €47,493 to €41,567
- Financial charges -€1,193
down €1,193 (-31.8%), from €3,755 to €2,562
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 | €49,257 | €14,254 | -€35,003 | -71.1% |
| Fixed assets | 21/28 | €43,810 | €10,755 | -€33,055 | -75.5% |
| Tangible fixed assets | 22/27 | €43,810 | €10,755 | -€33,055 | -75.5% |
| Land and buildings | 22 | €43,761 | €10,755 | -€33,006 | -75.4% |
| Furniture and vehicles | 24 | €49 | €0 | -€49 | -100.0% |
| Current assets | 29/58 | €5,447 | €3,499 | -€1,948 | -35.8% |
| Cash at bank and in hand | 54/58 | €5,447 | €3,499 | -€1,948 | -35.8% |
| Total equity and liabilities | 10/49 | €49,257 | €14,254 | -€35,003 | -71.1% |
| Equity | 10/15 | -€49,168 | -€47,073 | +€2,095 | +4.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€99,168 | -€97,073 | +€2,095 | +2.1% |
| Amounts payable | 17/49 | €98,425 | €61,327 | -€37,098 | -37.7% |
| Amounts payable after more than one year | 17 | €38,302 | €7,837 | -€30,465 | -79.5% |
| Financial debts | 170/4 | €38,302 | €7,837 | -€30,465 | -79.5% |
| Amounts payable within one year | 42/48 | €60,123 | €53,490 | -€6,633 | -11.0% |
| Current portion of amounts payable after more than one year | 42 | €29,099 | €30,465 | +€1,366 | +4.7% |
| Other amounts payable | 47/48 | €31,024 | €23,025 | -€7,999 | -25.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,402 | €33,055 | -€347 | -1.0% |
| Other operating charges | 640/8 | €3,739 | €3,855 | +€116 | +3.1% |
| Gross operating margin | 9900 | €47,493 | €41,567 | -€5,926 | -12.5% |
| Operating profit (loss) | 9901 | €10,352 | €4,657 | -€5,695 | -55.0% |
| Financial charges | 65/66B | €3,755 | €2,562 | -€1,193 | -31.8% |
| Recurring financial charges | 65 | €3,755 | €2,562 | -€1,193 | -31.8% |
| Profit (loss) for the period before taxes | 9903 | €6,597 | €2,095 | -€4,502 | -68.2% |
| Profit (loss) for the period | 9904 | €6,597 | €2,095 | -€4,502 | -68.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,597 | €2,095 | -€4,502 | -68.2% |
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 29 September 2026 via checked.be.