SASSEL JNS: 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.
SASSEL JNS
Largest movements
- Tangible fixed assets -€62,219
down €62,219 (-4.7%), from €1.3m to €1.3m
of which Land and buildings: -€62,219
- Cash +€21,552
up €21,552 (+51.2%), from €42,108 to €63,659
mainly Depreciation (+€65,419) and Receivables within one year (+€923)
- Profit (loss) carried forward -€21,715
down €21,715 (-6.4%), from -€340,483 to -€362,198
- Depreciation -€11,490
down €11,490 (-14.9%), from €76,909 to €65,419
- Gross operating margin -€5,050
down €5,050 (-7.3%), from €69,012 to €63,962
- Financial charges -€1,349
down €1,349 (-18.2%), from €7,401 to €6,053
- Other operating charges -€850
down €850 (-5.6%), from €15,055 to €14,205
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.
Derived cash bridge
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 | €1,376,339 | €1,334,846 | -€41,493 | -3.0% |
| Fixed assets | 21/28 | €1,329,876 | €1,267,657 | -€62,219 | -4.7% |
| Tangible fixed assets | 22/27 | €1,329,876 | €1,267,657 | -€62,219 | -4.7% |
| Land and buildings | 22 | €1,329,876 | €1,267,657 | -€62,219 | -4.7% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €46,463 | €67,188 | +€20,726 | +44.6% |
| Amounts receivable within one year | 40/41 | €2,480 | €1,557 | -€923 | -37.2% |
| Trade receivables | 40 | €2,480 | €1,557 | -€923 | -37.2% |
| Cash at bank and in hand | 54/58 | €42,108 | €63,659 | +€21,552 | +51.2% |
| Deferred charges and accrued income | 490/1 | €1,875 | €1,972 | +€97 | +5.2% |
| Total equity and liabilities | 10/49 | €1,376,339 | €1,334,846 | -€41,493 | -3.0% |
| Equity | 10/15 | €659,517 | €637,802 | -€21,715 | -3.3% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€340,483 | -€362,198 | -€21,715 | -6.4% |
| Amounts payable | 17/49 | €716,822 | €697,043 | -€19,778 | -2.8% |
| Amounts payable after more than one year | 17 | €84,025 | €72,285 | -€11,740 | -14.0% |
| Financial debts | 170/4 | €84,025 | €72,285 | -€11,740 | -14.0% |
| Amounts payable within one year | 42/48 | €631,642 | €623,603 | -€8,038 | -1.3% |
| Current portion of amounts payable after more than one year | 42 | €23,719 | €15,309 | -€8,409 | -35.5% |
| Trade debts | 44 | €0 | €446 | +€446 | |
| Suppliers | 440/4 | €0 | €446 | +€446 | |
| Other amounts payable | 47/48 | €607,923 | €607,848 | -€75 | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,155 | €1,155 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,909 | €65,419 | -€11,490 | -14.9% |
| Other operating charges | 640/8 | €15,055 | €14,205 | -€850 | -5.6% |
| Gross operating margin | 9900 | €69,012 | €63,962 | -€5,050 | -7.3% |
| Operating profit (loss) | 9901 | -€22,952 | -€15,662 | +€7,290 | +31.8% |
| Financial income | 75/76B | €0 | €0 | -€0 | -93.3% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -93.3% |
| Financial charges | 65/66B | €7,401 | €6,053 | -€1,349 | -18.2% |
| Recurring financial charges | 65 | €7,401 | €6,053 | -€1,349 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | -€30,353 | -€21,715 | +€8,638 | +28.5% |
| Profit (loss) for the period | 9904 | -€30,353 | -€21,715 | +€8,638 | +28.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,353 | -€21,715 | +€8,638 | +28.5% |
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 23 October 2026 via checked.be.