JSPE INVEST: what changed
JSPE INVEST
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts +€102,506
up €102,506 (+4.2%), from €2.4m to €2.5m
- Profit (loss) carried forward -€59,709
down €59,709 (-17.0%), from -€351,893 to -€411,602
- Trade debts -€36,878
down €36,878 (-99.1%), from €37,202 to €325
- Gross operating margin +€58,411
up €58,411 (+50.3%), from -€116,022 to -€57,611
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,108,285 | €2,113,693 | +€5,409 | +0.3% |
| Fixed assets | 21/28 | €2,105,050 | €2,105,050 | = | 0.0% |
| Financial fixed assets | 28 | €2,105,050 | €2,105,050 | = | 0.0% |
| Current assets | 29/58 | €3,235 | €8,643 | +€5,409 | +167% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €733 | €7,025 | +€6,292 | +859% |
| Deferred charges and accrued income | 490/1 | €2,502 | €1,618 | -€884 | -35.3% |
| Total equity and liabilities | 10/49 | €2,108,285 | €2,113,693 | +€5,409 | +0.3% |
| Equity | 10/15 | -€341,893 | -€401,602 | -€59,709 | -17.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€351,893 | -€411,602 | -€59,709 | -17.0% |
| Amounts payable | 17/49 | €2,450,178 | €2,515,295 | +€65,117 | +2.7% |
| Amounts payable within one year | 42/48 | €2,450,178 | €2,515,295 | +€65,117 | +2.7% |
| Financial debts | 43 | €570 | €59 | -€511 | -89.6% |
| Credit institutions | 430/8 | €570 | €59 | -€511 | -89.6% |
| Trade debts | 44 | €37,202 | €325 | -€36,878 | -99.1% |
| Suppliers | 440/4 | €37,202 | €325 | -€36,878 | -99.1% |
| Other amounts payable | 47/48 | €2,412,405 | €2,514,911 | +€102,506 | +4.2% |
| Other operating charges | 640/8 | €1,076 | €1,602 | +€526 | +48.9% |
| Gross operating margin | 9900 | -€116,022 | -€57,611 | +€58,411 | +50.3% |
| Operating profit (loss) | 9901 | -€117,098 | -€59,212 | +€57,885 | +49.4% |
| Financial income | 75/76B | €50 | €0 | -€50 | -100% |
| Recurring financial income | 75 | €50 | €0 | -€50 | -100% |
| Financial charges | 65/66B | €719 | €496 | -€223 | -31.0% |
| Recurring financial charges | 65 | €719 | €496 | -€223 | -31.0% |
| Profit (loss) for the period before taxes | 9903 | -€117,767 | -€59,709 | +€58,058 | +49.3% |
| Profit (loss) for the period | 9904 | -€117,767 | -€59,709 | +€58,058 | +49.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€117,767 | -€59,709 | +€58,058 | +49.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.