JS Assurances: 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 Assurances
Largest movements
- Receivables after one year +€70,000
new in 2025: €70,000
- Tangible fixed assets -€20,477
down €20,477 (-3.9%), from €518,731 to €498,254
of which Land and buildings: -€25,408
- Cash -€12,993
down €12,993 (-57.1%), from €22,756 to €9,763
mainly Receivables after one year (-€70,000) and Debts after one year (-€41,607)
- Receivables within one year +€9,616
up €9,616 (+57.9%), from €16,617 to €26,233
- Reserves +€66,860
up €66,860 (+54.4%), from €122,922 to €189,782
- Debts after one year -€41,607
down €41,607 (-14.3%), from €290,633 to €249,026
of which Financial debts: -€41,777
- Other debts +€22,312
new in 2025: €22,312
- Current portion of long-term debt -€20,181
down €20,181 (-32.6%), from €61,957 to €41,777
- Tax, wage and social debts +€13,977
up €13,977 (+61.4%), from €22,775 to €36,752
of which Taxes: +€10,913
- Gross operating margin +€34,125
up €34,125 (+21.4%), from €159,732 to €193,857
- Taxes +€10,787
up €10,787 (+40.1%), from €26,907 to €37,694
- Depreciation -€4,716
down €4,716 (-14.4%), from €32,693 to €27,977
- Staff costs +€4,482
up €4,482 (+16.5%), from €27,132 to €31,614
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 | €559,544 | €605,617 | +€46,073 | +8.2% |
| Formation expenses | 20 | €1,440 | €879 | -€561 | -39.0% |
| Fixed assets | 21/28 | €518,731 | €498,254 | -€20,477 | -3.9% |
| Tangible fixed assets | 22/27 | €518,731 | €498,254 | -€20,477 | -3.9% |
| Land and buildings | 22 | €517,240 | €491,832 | -€25,408 | -4.9% |
| Plant, machinery and equipment | 23 | €1,491 | €6,422 | +€4,932 | +330.8% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €39,373 | €106,483 | +€67,111 | +170.5% |
| Amounts receivable after more than one year | 29 | - | €70,000 | +€70,000 | |
| Trade receivables | 290 | - | €70,000 | +€70,000 | |
| Amounts receivable within one year | 40/41 | €16,617 | €26,233 | +€9,616 | +57.9% |
| Trade receivables | 40 | €16,617 | €26,233 | +€9,616 | +57.9% |
| Cash at bank and in hand | 54/58 | €22,756 | €9,763 | -€12,993 | -57.1% |
| Deferred charges and accrued income | 490/1 | €0 | €487 | +€487 | |
| Total equity and liabilities | 10/49 | €559,544 | €605,617 | +€46,073 | +8.2% |
| Equity | 10/15 | €172,922 | €239,782 | +€66,860 | +38.7% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €122,922 | €189,782 | +€66,860 | +54.4% |
| Distributable reserves | 133 | €122,922 | €189,782 | +€66,860 | +54.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €386,622 | €365,835 | -€20,787 | -5.4% |
| Amounts payable after more than one year | 17 | €290,633 | €249,026 | -€41,607 | -14.3% |
| Financial debts | 170/4 | €286,897 | €245,120 | -€41,777 | -14.6% |
| Other amounts payable | 178/9 | €3,736 | €3,906 | +€170 | +4.6% |
| Amounts payable within one year | 42/48 | €84,732 | €104,774 | +€20,041 | +23.7% |
| Current portion of amounts payable after more than one year | 42 | €61,957 | €41,777 | -€20,181 | -32.6% |
| Trade debts | 44 | €0 | €3,934 | +€3,934 | |
| Suppliers | 440/4 | €0 | €3,934 | +€3,934 | |
| Taxes, remuneration and social security | 45 | €22,775 | €36,752 | +€13,977 | +61.4% |
| Taxes | 450/3 | €17,007 | €27,920 | +€10,913 | +64.2% |
| Remuneration and social security | 454/9 | €5,768 | €8,832 | +€3,064 | +53.1% |
| Other amounts payable | 47/48 | - | €22,312 | +€22,312 | |
| Accrued charges and deferred income | 492/3 | €11,257 | €12,035 | +€778 | +6.9% |
| Remuneration, social security and pensions | 62 | €27,132 | €31,614 | +€4,482 | +16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,693 | €27,977 | -€4,716 | -14.4% |
| Other operating charges | 640/8 | €2,480 | €2,810 | +€330 | +13.3% |
| Gross operating margin | 9900 | €159,732 | €193,857 | +€34,125 | +21.4% |
| Operating profit (loss) | 9901 | €97,427 | €131,457 | +€34,029 | +34.9% |
| Financial income | 75/76B | - | €521 | +€521 | |
| Recurring financial income | 75 | - | €521 | +€521 | |
| Financial charges | 65/66B | €6,592 | €5,112 | -€1,480 | -22.5% |
| Recurring financial charges | 65 | €6,592 | €5,112 | -€1,480 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | €90,836 | €126,866 | +€36,031 | +39.7% |
| Income taxes | 67/77 | €26,907 | €37,694 | +€10,787 | +40.1% |
| Profit (loss) for the period | 9904 | €63,928 | €89,172 | +€25,244 | +39.5% |
| Profit (loss) for the period to be appropriated | 9905 | €63,928 | €89,172 | +€25,244 | +39.5% |
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 5 October 2026 via checked.be.