JONES: 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.
JONES
Largest movements
- Cash +€139,467
up €139,467 (+72.4%), from €192,639 to €332,107
mainly Receivables within one year (+€88,069) and Depreciation (+€63,020)
- Receivables within one year -€88,069
down €88,069 (-51.8%), from €170,101 to €82,032
of which Trade receivables: -€71,473
- Tangible fixed assets -€54,401
down €54,401 (-16.2%), from €336,758 to €282,356
of which Plant, machinery and equipment: -€35,263
- Short-term financial debts +€44,898
new in 2025: €44,898
- Other debts +€42,563
up €42,563 (+186.5%), from €22,827 to €65,390
- Current portion of long-term debt -€38,816
no longer reported in 2025 (was €38,816)
- Debts after one year -€37,744
down €37,744 (-19.9%), from €189,678 to €151,934
- Tax, wage and social debts -€10,688
down €10,688 (-47.9%), from €22,296 to €11,608
of which Taxes: -€11,149
- Gross operating margin +€24,165
up €24,165 (+10.4%), from €233,455 to €257,620
- Staff costs -€18,520
down €18,520 (-13.9%), from €133,493 to €114,973
- Taxes +€17,151
up €17,151 (+503.7%), from €3,405 to €20,555
- Financial charges -€3,001
down €3,001 (-24.7%), from €12,148 to €9,147
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 | €768,088 | €758,379 | -€9,709 | -1.3% |
| Fixed assets | 21/28 | €336,758 | €282,356 | -€54,401 | -16.2% |
| Tangible fixed assets | 22/27 | €336,758 | €282,356 | -€54,401 | -16.2% |
| Land and buildings | 22 | €223,994 | €208,259 | -€15,735 | -7.0% |
| Plant, machinery and equipment | 23 | €103,820 | €68,557 | -€35,263 | -34.0% |
| Furniture and vehicles | 24 | €4,410 | €1,647 | -€2,764 | -62.7% |
| Other tangible fixed assets | 26 | €4,533 | €3,893 | -€640 | -14.1% |
| Current assets | 29/58 | €431,330 | €476,023 | +€44,693 | +10.4% |
| Stocks and contracts in progress | 3 | €67,027 | €59,498 | -€7,529 | -11.2% |
| Stocks | 30/36 | €67,027 | €59,498 | -€7,529 | -11.2% |
| Amounts receivable within one year | 40/41 | €170,101 | €82,032 | -€88,069 | -51.8% |
| Trade receivables | 40 | €153,506 | €82,032 | -€71,473 | -46.6% |
| Other amounts receivable | 41 | €16,595 | - | -€16,595 | |
| Cash at bank and in hand | 54/58 | €192,639 | €332,107 | +€139,467 | +72.4% |
| Deferred charges and accrued income | 490/1 | €1,563 | €2,386 | +€823 | +52.7% |
| Total equity and liabilities | 10/49 | €768,088 | €758,379 | -€9,709 | -1.3% |
| Equity | 10/15 | €333,125 | €328,803 | -€4,322 | -1.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €141,860 | €131,860 | -€10,000 | -7.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €140,000 | €130,000 | -€10,000 | -7.1% |
| Profit (loss) carried forward | 14 | €172,665 | €178,343 | +€5,678 | +3.3% |
| Amounts payable | 17/49 | €434,963 | €429,576 | -€5,387 | -1.2% |
| Amounts payable after more than one year | 17 | €189,678 | €151,934 | -€37,744 | -19.9% |
| Financial debts | 170/4 | €189,678 | €151,934 | -€37,744 | -19.9% |
| Amounts payable within one year | 42/48 | €244,482 | €275,142 | +€30,660 | +12.5% |
| Current portion of amounts payable after more than one year | 42 | €38,816 | - | -€38,816 | |
| Financial debts | 43 | - | €44,898 | +€44,898 | |
| Credit institutions | 430/8 | - | €44,898 | +€44,898 | |
| Trade debts | 44 | €160,543 | €153,246 | -€7,297 | -4.5% |
| Suppliers | 440/4 | €160,543 | €153,246 | -€7,297 | -4.5% |
| Taxes, remuneration and social security | 45 | €22,296 | €11,608 | -€10,688 | -47.9% |
| Taxes | 450/3 | €13,893 | €2,743 | -€11,149 | -80.3% |
| Remuneration and social security | 454/9 | €8,403 | €8,864 | +€461 | +5.5% |
| Other amounts payable | 47/48 | €22,827 | €65,390 | +€42,563 | +186.5% |
| Accrued charges and deferred income | 492/3 | €802 | €2,500 | +€1,698 | +211.6% |
| Remuneration, social security and pensions | 62 | €133,493 | €114,973 | -€18,520 | -13.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,391 | €63,020 | +€629 | +1.0% |
| Other operating charges | 640/8 | €4,050 | €4,359 | +€310 | +7.6% |
| Gross operating margin | 9900 | €233,455 | €257,620 | +€24,165 | +10.4% |
| Operating profit (loss) | 9901 | €33,521 | €75,268 | +€41,747 | +124.5% |
| Financial income | 75/76B | €1,491 | €112 | -€1,379 | -92.5% |
| Recurring financial income | 75 | €1,491 | €112 | -€1,379 | -92.5% |
| Financial charges | 65/66B | €12,148 | €9,147 | -€3,001 | -24.7% |
| Recurring financial charges | 65 | €12,148 | €9,147 | -€3,001 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | €22,864 | €66,233 | +€43,369 | +189.7% |
| Income taxes | 67/77 | €3,405 | €20,555 | +€17,151 | +503.7% |
| Profit (loss) for the period | 9904 | €19,459 | €45,678 | +€26,218 | +134.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,459 | €45,678 | +€26,218 | +134.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.