JS Enterprise: 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 Enterprise
Largest movements
- Cash -€12,927
down €12,927 (-23.7%), from €54,548 to €41,621
mainly Contributions, distributions and other (-€81,000) and Debts after one year (-€7,379)
- Tangible fixed assets -€8,369
down €8,369 (-34.2%), from €24,447 to €16,078
of which Leasing and similar rights: -€7,755
- Deferred charges and accrued income +€5,499
up €5,499 (+349.3%), from €1,574 to €7,073
- Receivables within one year -€1,631
down €1,631 (-6.4%), from €25,500 to €23,869
of which Other amounts receivable: -€3,645
- Debts after one year -€7,379
down €7,379 (-51.2%), from €14,399 to €7,020
- Reserves -€5,894
down €5,894 (-6.9%), from €85,068 to €79,173
- Tax, wage and social debts -€4,534
down €4,534 (-37.5%), from €12,077 to €7,543
- Trade debts -€4,043
down €4,043 (-70.3%), from €5,749 to €1,707
- Other debts +€3,514
up €3,514 (+117.1%), from €3,000 to €6,514
- Gross operating margin +€90,017
up €90,017 (+512.3%), from €17,571 to €107,588
- Taxes +€20,324
up €20,324 (+1336.2%), from €1,521 to €21,845
- Financial income +€1,132
up €1,132 (+3622.8%), from €31 to €1,164
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 | €132,391 | €114,336 | -€18,055 | -13.6% |
| Fixed assets | 21/28 | €26,247 | €17,878 | -€8,369 | -31.9% |
| Tangible fixed assets | 22/27 | €24,447 | €16,078 | -€8,369 | -34.2% |
| Leasing and similar rights | 25 | €22,903 | €15,148 | -€7,755 | -33.9% |
| Other tangible fixed assets | 26 | €1,544 | €930 | -€614 | -39.8% |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €106,144 | €96,458 | -€9,686 | -9.1% |
| Stocks and contracts in progress | 3 | €24,521 | €23,895 | -€626 | -2.6% |
| Stocks | 30/36 | €24,521 | €23,895 | -€626 | -2.6% |
| Amounts receivable within one year | 40/41 | €25,500 | €23,869 | -€1,631 | -6.4% |
| Trade receivables | 40 | €21,652 | €23,665 | +€2,014 | +9.3% |
| Other amounts receivable | 41 | €3,849 | €204 | -€3,645 | -94.7% |
| Cash at bank and in hand | 54/58 | €54,548 | €41,621 | -€12,927 | -23.7% |
| Deferred charges and accrued income | 490/1 | €1,574 | €7,073 | +€5,499 | +349.3% |
| Total equity and liabilities | 10/49 | €132,391 | €114,336 | -€18,055 | -13.6% |
| Equity | 10/15 | €90,068 | €84,173 | -€5,894 | -6.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €85,068 | €79,173 | -€5,894 | -6.9% |
| Distributable reserves | 133 | €85,068 | €79,173 | -€5,894 | -6.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €42,323 | €30,163 | -€12,160 | -28.7% |
| Amounts payable after more than one year | 17 | €14,399 | €7,020 | -€7,379 | -51.2% |
| Financial debts | 170/4 | €14,399 | €7,020 | -€7,379 | -51.2% |
| Amounts payable within one year | 42/48 | €27,924 | €23,142 | -€4,781 | -17.1% |
| Current portion of amounts payable after more than one year | 42 | €7,098 | €7,379 | +€281 | +4.0% |
| Trade debts | 44 | €5,749 | €1,707 | -€4,043 | -70.3% |
| Suppliers | 440/4 | €5,749 | €1,707 | -€4,043 | -70.3% |
| Taxes, remuneration and social security | 45 | €12,077 | €7,543 | -€4,534 | -37.5% |
| Taxes | 450/3 | €12,077 | €7,543 | -€4,534 | -37.5% |
| Other amounts payable | 47/48 | €3,000 | €6,514 | +€3,514 | +117.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,369 | €8,369 | = | 0.0% |
| Other operating charges | 640/8 | €1,672 | €2,347 | +€675 | +40.4% |
| Gross operating margin | 9900 | €17,571 | €107,588 | +€90,017 | +512.3% |
| Operating profit (loss) | 9901 | €7,530 | €96,872 | +€89,342 | +1186.5% |
| Financial income | 75/76B | €31 | €1,164 | +€1,132 | +3622.8% |
| Recurring financial income | 75 | €31 | €1,164 | +€1,132 | +3622.8% |
| Financial charges | 65/66B | €1,738 | €1,085 | -€653 | -37.6% |
| Recurring financial charges | 65 | €1,738 | €1,085 | -€653 | -37.6% |
| Profit (loss) for the period before taxes | 9903 | €5,823 | €96,951 | +€91,128 | +1565.0% |
| Income taxes | 67/77 | €1,521 | €21,845 | +€20,324 | +1336.2% |
| Profit (loss) for the period | 9904 | €4,302 | €75,106 | +€70,804 | +1645.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,302 | €75,106 | +€70,804 | +1645.8% |
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.