JS: 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.
JS
Largest movements
- Cash +€2,214
up €2,214 (+3355.6%), from €66 to €2,280
mainly Net result for the year (+€1,043) and Other debts (+€561)
- Tangible fixed assets -€496
down €496 (-36.5%), from €1,358 to €863
- Deferred charges and accrued income -€301
down €301 (-46.9%), from €641 to €341
- Receivables within one year +€50
up €50 (+11.5%), from €432 to €482
of which Trade receivables: +€482
- Profit (loss) carried forward +€1,043
up €1,043 (+59.0%), from -€1,769 to -€726
- Other debts +€561
up €561 (+22.9%), from €2,445 to €3,006
- Trade debts -€462
no longer reported in 2025 (was €462)
- Accrued charges and deferred income +€398
new in 2025: €398
- Advances received -€358
no longer reported in 2025 (was €358)
- Gross operating margin +€2,819
up €2,819, from -€1,038 to €1,781
- Depreciation +€367
up €367 (+285.3%), from €129 to €496
- Other operating charges -€324
down €324 (-58.3%), from €555 to €232
- Financial charges -€32
down €32 (-44.1%), from €72 to €40
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 | €2,497 | €3,965 | +€1,468 | +58.8% |
| Fixed assets | 21/28 | €1,358 | €863 | -€496 | -36.5% |
| Tangible fixed assets | 22/27 | €1,358 | €863 | -€496 | -36.5% |
| Plant, machinery and equipment | 23 | €1,358 | €863 | -€496 | -36.5% |
| Current assets | 29/58 | €1,139 | €3,102 | +€1,964 | +172.4% |
| Amounts receivable within one year | 40/41 | €432 | €482 | +€50 | +11.5% |
| Trade receivables | 40 | - | €482 | +€482 | |
| Other amounts receivable | 41 | €432 | - | -€432 | |
| Cash at bank and in hand | 54/58 | €66 | €2,280 | +€2,214 | +3355.6% |
| Deferred charges and accrued income | 490/1 | €641 | €341 | -€301 | -46.9% |
| Total equity and liabilities | 10/49 | €2,497 | €3,965 | +€1,468 | +58.8% |
| Equity | 10/15 | -€769 | €274 | +€1,043 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,769 | -€726 | +€1,043 | +59.0% |
| Amounts payable | 17/49 | €3,266 | €3,691 | +€425 | +13.0% |
| Amounts payable within one year | 42/48 | €3,266 | €3,293 | +€27 | +0.8% |
| Trade debts | 44 | €462 | - | -€462 | |
| Suppliers | 440/4 | €462 | - | -€462 | |
| Advances received on contracts in progress | 46 | €358 | - | -€358 | |
| Taxes, remuneration and social security | 45 | - | €287 | +€287 | |
| Taxes | 450/3 | - | €287 | +€287 | |
| Other amounts payable | 47/48 | €2,445 | €3,006 | +€561 | +22.9% |
| Accrued charges and deferred income | 492/3 | - | €398 | +€398 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €129 | €496 | +€367 | +285.3% |
| Other operating charges | 640/8 | €555 | €232 | -€324 | -58.3% |
| Gross operating margin | 9900 | -€1,038 | €1,781 | +€2,819 | |
| Operating profit (loss) | 9901 | -€1,722 | €1,054 | +€2,776 | |
| Financial income | 75/76B | €26 | €30 | +€4 | +15.7% |
| Recurring financial income | 75 | €26 | €30 | +€4 | +15.7% |
| Financial charges | 65/66B | €72 | €40 | -€32 | -44.1% |
| Recurring financial charges | 65 | €72 | €40 | -€32 | -44.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,769 | €1,043 | +€2,812 | |
| Profit (loss) for the period | 9904 | -€1,769 | €1,043 | +€2,812 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,769 | €1,043 | +€2,812 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.