JS-A: 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.
JS-A
Largest movements
- Cash +€27,707
up €27,707 (+371.0%), from €7,469 to €35,177
mainly Net result for the year (+€26,379) and Depreciation (+€7,360)
- Tangible fixed assets -€7,360
down €7,360 (-21.9%), from €33,560 to €26,201
- Receivables within one year +€2,817
up €2,817 (+649.0%), from €434 to €3,252
of which Other amounts receivable: +€2,501
- Reserves +€26,400
up €26,400 (+211.2%), from €12,500 to €38,900
- Other debts -€4,356
down €4,356 (-16.9%), from €25,838 to €21,482
- Trade debts +€940
new in 2025: €940
- Gross operating margin +€21,186
up €21,186 (+99.6%), from €21,274 to €42,460
- Depreciation +€4,122
up €4,122 (+127.3%), from €3,237 to €7,360
- Taxes +€3,938
up €3,938 (+96.9%), from €4,066 to €8,004
- Other operating charges -€697
down €697 (-49.9%), from €1,397 to €701
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 | €42,156 | €65,334 | +€23,177 | +55.0% |
| Fixed assets | 21/28 | €33,560 | €26,201 | -€7,360 | -21.9% |
| Tangible fixed assets | 22/27 | €33,560 | €26,201 | -€7,360 | -21.9% |
| Furniture and vehicles | 24 | €33,560 | €26,201 | -€7,360 | -21.9% |
| Current assets | 29/58 | €8,596 | €39,133 | +€30,537 | +355.2% |
| Amounts receivable within one year | 40/41 | €434 | €3,252 | +€2,817 | +649.0% |
| Trade receivables | 40 | - | €316 | +€316 | |
| Other amounts receivable | 41 | €434 | €2,935 | +€2,501 | +576.1% |
| Cash at bank and in hand | 54/58 | €7,469 | €35,177 | +€27,707 | +371.0% |
| Deferred charges and accrued income | 490/1 | €693 | €705 | +€12 | +1.7% |
| Total equity and liabilities | 10/49 | €42,156 | €65,334 | +€23,177 | +55.0% |
| Equity | 10/15 | €15,572 | €41,951 | +€26,379 | +169.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €12,500 | €38,900 | +€26,400 | +211.2% |
| Distributable reserves | 133 | €12,500 | €38,900 | +€26,400 | +211.2% |
| Profit (loss) carried forward | 14 | €72 | €51 | -€21 | -29.7% |
| Amounts payable | 17/49 | €26,584 | €23,383 | -€3,201 | -12.0% |
| Amounts payable within one year | 42/48 | €26,584 | €23,379 | -€3,205 | -12.1% |
| Trade debts | 44 | - | €940 | +€940 | |
| Suppliers | 440/4 | - | €940 | +€940 | |
| Taxes, remuneration and social security | 45 | €746 | €957 | +€211 | +28.3% |
| Taxes | 450/3 | €746 | €957 | +€211 | +28.3% |
| Other amounts payable | 47/48 | €25,838 | €21,482 | -€4,356 | -16.9% |
| Accrued charges and deferred income | 492/3 | - | €4 | +€4 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,237 | €7,360 | +€4,122 | +127.3% |
| Other operating charges | 640/8 | €1,397 | €701 | -€697 | -49.9% |
| Gross operating margin | 9900 | €21,274 | €42,460 | +€21,186 | +99.6% |
| Operating profit (loss) | 9901 | €16,639 | €34,400 | +€17,761 | +106.7% |
| Financial income | 75/76B | - | €17 | +€17 | |
| Recurring financial income | 75 | - | €17 | +€17 | |
| Financial charges | 65/66B | €1 | €34 | +€33 | +3211.7% |
| Recurring financial charges | 65 | €1 | €34 | +€33 | +3211.7% |
| Profit (loss) for the period before taxes | 9903 | €16,638 | €34,383 | +€17,745 | +106.7% |
| Income taxes | 67/77 | €4,066 | €8,004 | +€3,938 | +96.9% |
| Profit (loss) for the period | 9904 | €12,572 | €26,379 | +€13,807 | +109.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,572 | €26,379 | +€13,807 | +109.8% |
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.