JS IMMO: 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 IMMO
Largest movements
- Receivables within one year -€12,966
down €12,966 (-76.4%), from €16,979 to €4,013
of which Trade receivables: -€13,310
- Tangible fixed assets -€11,066
down €11,066 (-5.1%), from €218,886 to €207,821
- Trade debts -€20,763
down €20,763 (-99.1%), from €20,941 to €178
- Reserves +€11,198
new in 2025: €11,198
- Debts after one year -€11,104
down €11,104 (-6.4%), from €174,382 to €163,277
- Taxes +€4,895
up €4,895 (+1302.6%), from €376 to €5,271
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 | €247,175 | €225,544 | -€21,632 | -8.8% |
| Fixed assets | 21/28 | €218,886 | €207,821 | -€11,066 | -5.1% |
| Tangible fixed assets | 22/27 | €218,886 | €207,821 | -€11,066 | -5.1% |
| Land and buildings | 22 | €218,886 | €207,821 | -€11,066 | -5.1% |
| Current assets | 29/58 | €28,289 | €17,723 | -€10,566 | -37.3% |
| Amounts receivable within one year | 40/41 | €16,979 | €4,013 | -€12,966 | -76.4% |
| Trade receivables | 40 | €16,940 | €3,630 | -€13,310 | -78.6% |
| Other amounts receivable | 41 | €39 | €383 | +€344 | +881.7% |
| Cash at bank and in hand | 54/58 | €11,026 | €13,413 | +€2,388 | +21.7% |
| Deferred charges and accrued income | 490/1 | €284 | €297 | +€13 | +4.5% |
| Total equity and liabilities | 10/49 | €247,175 | €225,544 | -€21,632 | -8.8% |
| Equity | 10/15 | €16,127 | €27,325 | +€11,198 | +69.4% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | - | €11,198 | +€11,198 | |
| Distributable reserves | 133 | - | €11,198 | +€11,198 | |
| Profit (loss) carried forward | 14 | €1,127 | €1,127 | = | 0.0% |
| Amounts payable | 17/49 | €231,048 | €198,218 | -€32,829 | -14.2% |
| Amounts payable after more than one year | 17 | €174,382 | €163,277 | -€11,104 | -6.4% |
| Financial debts | 170/4 | €174,382 | €163,277 | -€11,104 | -6.4% |
| Amounts payable within one year | 42/48 | €56,666 | €34,941 | -€21,725 | -38.3% |
| Current portion of amounts payable after more than one year | 42 | €10,870 | €11,104 | +€234 | +2.1% |
| Trade debts | 44 | €20,941 | €178 | -€20,763 | -99.1% |
| Suppliers | 440/4 | €20,941 | €178 | -€20,763 | -99.1% |
| Taxes, remuneration and social security | 45 | €4,059 | €2,863 | -€1,196 | -29.5% |
| Taxes | 450/3 | €4,059 | €2,863 | -€1,196 | -29.5% |
| Other amounts payable | 47/48 | €20,795 | €20,795 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,066 | €11,066 | +€0 | 0.0% |
| Other operating charges | 640/8 | €478 | €492 | +€15 | +3.1% |
| Gross operating margin | 9900 | €32,759 | €32,498 | -€261 | -0.8% |
| Operating profit (loss) | 9901 | €21,216 | €20,940 | -€276 | -1.3% |
| Financial charges | 65/66B | €4,584 | €4,471 | -€113 | -2.5% |
| Recurring financial charges | 65 | €4,584 | €4,471 | -€113 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | €16,631 | €16,469 | -€163 | -1.0% |
| Income taxes | 67/77 | €376 | €5,271 | +€4,895 | +1302.6% |
| Profit (loss) for the period | 9904 | €16,256 | €11,198 | -€5,058 | -31.1% |
| Profit (loss) for the period to be appropriated | 9905 | €16,256 | €11,198 | -€5,058 | -31.1% |
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 4 October 2026 via checked.be.