JtE: what changed
Two financial 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.
JtE
Largest movements
- Receivables within one year -€1,740
down €1,740 (-80.1%), from €2,171 to €431
of which Trade receivables: -€1,878
- Cash -€27
down €27 (-92.6%), from €29 to €2
mainly Net result for the year (-€3,075) and Trade debts (-€562)
- Profit (loss) carried forward -€3,075
down €3,075 (-109.4%), from -€2,810 to -€5,885
- Other debts +€1,869
up €1,869 (+76.7%), from €2,436 to €4,306
- Trade debts -€562
down €562 (-97.8%), from €575 to €13
- Financial charges +€1,910
up €1,910 (+890.3%), from €215 to €2,124
of which Non-recurring financial charges: +€1,878
- Gross operating margin -€555
down €555 (-140.2%), from -€396 to -€950
- Depreciation -€211
no longer reported in 2025 (was €211)
- Other operating charges -€141
no longer reported in 2025 (was €141)
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 | €2,200 | €434 | -€1,767 | -80.3% |
| Current assets | 29/58 | €2,200 | €434 | -€1,767 | -80.3% |
| Amounts receivable within one year | 40/41 | €2,171 | €431 | -€1,740 | -80.1% |
| Trade receivables | 40 | €1,878 | - | -€1,878 | |
| Other amounts receivable | 41 | €293 | €431 | +€138 | +47.2% |
| Cash at bank and in hand | 54/58 | €29 | €2 | -€27 | -92.6% |
| Total equity and liabilities | 10/49 | €2,200 | €434 | -€1,767 | -80.3% |
| Equity | 10/15 | -€810 | -€3,885 | -€3,075 | -379.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,810 | -€5,885 | -€3,075 | -109.4% |
| Amounts payable | 17/49 | €3,011 | €4,318 | +€1,308 | +43.4% |
| Amounts payable within one year | 42/48 | €3,011 | €4,318 | +€1,308 | +43.4% |
| Trade debts | 44 | €575 | €13 | -€562 | -97.8% |
| Suppliers | 440/4 | €575 | €13 | -€562 | -97.8% |
| Other amounts payable | 47/48 | €2,436 | €4,306 | +€1,869 | +76.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €211 | - | -€211 | |
| Other operating charges | 640/8 | €141 | - | -€141 | |
| Gross operating margin | 9900 | -€396 | -€950 | -€555 | -140.2% |
| Operating profit (loss) | 9901 | -€747 | -€950 | -€203 | -27.2% |
| Financial charges | 65/66B | €215 | €2,124 | +€1,910 | +890.3% |
| Recurring financial charges | 65 | €215 | €246 | +€31 | +14.6% |
| Non-recurring financial charges | 66B | - | €1,878 | +€1,878 | |
| Profit (loss) for the period before taxes | 9903 | -€961 | -€3,075 | -€2,113 | -219.8% |
| Profit (loss) for the period | 9904 | -€961 | -€3,075 | -€2,113 | -219.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€961 | -€3,075 | -€2,113 | -219.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.