JST 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.
JST IMMO
Largest movements
- Tangible fixed assets -€31,850
down €31,850 (-7.8%), from €407,181 to €375,331
of which Land and buildings: -€31,245
- Cash +€8,877
up €8,877 (+116.5%), from €7,620 to €16,498
mainly Depreciation (+€31,850) and Net result for the year (+€8,499)
- Deferred charges and accrued income -€4,250
down €4,250 (-91.7%), from €4,634 to €384
- Debts after one year -€32,377
down €32,377 (-7.5%), from €429,009 to €396,633
- Profit (loss) carried forward +€8,499
up €8,499 (+11.6%), from -€73,061 to -€64,562
- Trade debts -€4,354
down €4,354 (-88.7%), from €4,908 to €555
- Gross operating margin +€13,421
up €13,421 (+35.1%), from €38,264 to €51,685
- Financial charges -€1,081
down €1,081 (-11.0%), from €9,805 to €8,725
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 | €419,435 | €392,219 | -€27,217 | -6.5% |
| Fixed assets | 21/28 | €407,181 | €375,331 | -€31,850 | -7.8% |
| Tangible fixed assets | 22/27 | €407,181 | €375,331 | -€31,850 | -7.8% |
| Land and buildings | 22 | €404,310 | €373,065 | -€31,245 | -7.7% |
| Plant, machinery and equipment | 23 | €2,871 | €2,266 | -€605 | -21.1% |
| Current assets | 29/58 | €12,254 | €16,888 | +€4,633 | +37.8% |
| Amounts receivable within one year | 40/41 | - | €6 | +€6 | |
| Other amounts receivable | 41 | - | €6 | +€6 | |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €7,620 | €16,498 | +€8,877 | +116.5% |
| Deferred charges and accrued income | 490/1 | €4,634 | €384 | -€4,250 | -91.7% |
| Total equity and liabilities | 10/49 | €419,435 | €392,219 | -€27,217 | -6.5% |
| Equity | 10/15 | -€54,461 | -€45,962 | +€8,499 | +15.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€73,061 | -€64,562 | +€8,499 | +11.6% |
| Amounts payable | 17/49 | €473,896 | €438,181 | -€35,715 | -7.5% |
| Amounts payable after more than one year | 17 | €429,009 | €396,633 | -€32,377 | -7.5% |
| Financial debts | 170/4 | €429,009 | €396,633 | -€32,377 | -7.5% |
| Amounts payable within one year | 42/48 | €39,060 | €35,770 | -€3,290 | -8.4% |
| Current portion of amounts payable after more than one year | 42 | €31,528 | €32,377 | +€849 | +2.7% |
| Financial debts | 43 | €2,624 | €2,672 | +€48 | +1.8% |
| Other loans | 439 | €2,624 | €2,672 | +€48 | +1.8% |
| Trade debts | 44 | €4,908 | €555 | -€4,354 | -88.7% |
| Suppliers | 440/4 | €4,908 | €555 | -€4,354 | -88.7% |
| Other amounts payable | 47/48 | - | €167 | +€167 | |
| Accrued charges and deferred income | 492/3 | €5,827 | €5,778 | -€49 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,399 | €31,850 | +€451 | +1.4% |
| Other operating charges | 640/8 | €2,442 | €2,632 | +€190 | +7.8% |
| Gross operating margin | 9900 | €38,264 | €51,685 | +€13,421 | +35.1% |
| Operating profit (loss) | 9901 | €4,423 | €17,204 | +€12,781 | +289.0% |
| Financial income | 75/76B | - | €20 | +€20 | |
| Recurring financial income | 75 | - | €20 | +€20 | |
| Financial charges | 65/66B | €9,805 | €8,725 | -€1,081 | -11.0% |
| Recurring financial charges | 65 | €9,805 | €8,725 | -€1,081 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,383 | €8,499 | +€13,881 | |
| Profit (loss) for the period | 9904 | -€5,383 | €8,499 | +€13,881 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,383 | €8,499 | +€13,881 |
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 7 October 2026 via checked.be.