JS INVEST: 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 INVEST
Largest movements
- Receivables within one year -€16,854
down €16,854 (-41.2%), from €40,914 to €24,060
of which Other amounts receivable: -€20,327
- Cash +€10,298
up €10,298 (+34.2%), from €30,076 to €40,374
mainly Net result for the year (+€17,120) and Receivables within one year (+€16,854)
- Tangible fixed assets +€4,588
new in 2025: €4,588
- Other debts -€18,190
no longer reported in 2025 (was €18,190)
- Reserves +€17,120
up €17,120 (+43.5%), from €39,315 to €56,435
- Tax, wage and social debts -€1,542
down €1,542 (-18.4%), from €8,362 to €6,820
- Financial income -€3,587
down €3,587 (-77.2%), from €4,644 to €1,058
- Taxes -€2,046
down €2,046 (-32.4%), from €6,316 to €4,270
- Depreciation +€1,600
up €1,600 (+807.7%), from €198 to €1,798
- Other operating charges +€969
up €969 (+87.2%), from €1,112 to €2,081
- Gross operating margin -€811
down €811 (-3.1%), from €26,010 to €25,199
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 | €71,554 | €69,373 | -€2,181 | -3.0% |
| Fixed assets | 21/28 | - | €4,588 | +€4,588 | |
| Tangible fixed assets | 22/27 | - | €4,588 | +€4,588 | |
| Furniture and vehicles | 24 | - | €4,588 | +€4,588 | |
| Current assets | 29/58 | €71,554 | €64,785 | -€6,769 | -9.5% |
| Amounts receivable within one year | 40/41 | €40,914 | €24,060 | -€16,854 | -41.2% |
| Trade receivables | 40 | €12,705 | €16,178 | +€3,473 | +27.3% |
| Other amounts receivable | 41 | €28,209 | €7,882 | -€20,327 | -72.1% |
| Cash at bank and in hand | 54/58 | €30,076 | €40,374 | +€10,298 | +34.2% |
| Deferred charges and accrued income | 490/1 | €564 | €351 | -€213 | -37.8% |
| Total equity and liabilities | 10/49 | €71,554 | €69,373 | -€2,181 | -3.0% |
| Equity | 10/15 | €44,315 | €61,435 | +€17,120 | +38.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €39,315 | €56,435 | +€17,120 | +43.5% |
| Distributable reserves | 133 | €39,315 | €56,435 | +€17,120 | +43.5% |
| Amounts payable | 17/49 | €27,239 | €7,938 | -€19,301 | -70.9% |
| Amounts payable within one year | 42/48 | €27,239 | €7,938 | -€19,301 | -70.9% |
| Trade debts | 44 | €686 | €1,118 | +€432 | +62.9% |
| Suppliers | 440/4 | €686 | €1,118 | +€432 | +62.9% |
| Taxes, remuneration and social security | 45 | €8,362 | €6,820 | -€1,542 | -18.4% |
| Taxes | 450/3 | €8,362 | €6,820 | -€1,542 | -18.4% |
| Other amounts payable | 47/48 | €18,190 | - | -€18,190 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €198 | €1,798 | +€1,600 | +807.7% |
| Other operating charges | 640/8 | €1,112 | €2,081 | +€969 | +87.2% |
| Gross operating margin | 9900 | €26,010 | €25,199 | -€811 | -3.1% |
| Operating profit (loss) | 9901 | €24,700 | €21,320 | -€3,380 | -13.7% |
| Financial income | 75/76B | €4,644 | €1,058 | -€3,587 | -77.2% |
| Recurring financial income | 75 | €4,644 | €1,058 | -€3,587 | -77.2% |
| Financial charges | 65/66B | €1,537 | €988 | -€549 | -35.7% |
| Recurring financial charges | 65 | €1,537 | €988 | -€549 | -35.7% |
| Profit (loss) for the period before taxes | 9903 | €27,808 | €21,390 | -€6,418 | -23.1% |
| Income taxes | 67/77 | €6,316 | €4,270 | -€2,046 | -32.4% |
| Profit (loss) for the period | 9904 | €21,492 | €17,120 | -€4,372 | -20.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,492 | €17,120 | -€4,372 | -20.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.