Think Jazzy: what changed
Think Jazzy
Largest movements
- Receivables within one year -€13,327
down €13,327 (-75.0%), from €17,780 to €4,453
of which Trade receivables: -€12,991
- Tangible fixed assets -€6,592
down €6,592 (-35.0%), from €18,860 to €12,268
of which Other tangible fixed assets: -€5,177
- Cash +€1,750
up €1,750 (+21.2%), from €8,264 to €10,014
mainly Receivables within one year (+€13,327) and Tax, wage and social debts (+€8,798)
- Other debts -€11,626
down €11,626 (-36.4%), from €31,915 to €20,290
- Tax, wage and social debts +€8,798
up €8,798 (+270%), from €3,264 to €12,062
- Advances received -€8,775
no longer reported in 2025 (was €8,775)
- Trade debts -€8,194
down €8,194 (-41.1%), from €19,932 to €11,738
- Profit (loss) carried forward +€1,100
up €1,100 (+0.8%), from -€141,984 to -€140,884
- Gross operating margin -€10,728
down €10,728 (-54.3%), from €19,753 to €9,025
- Other operating charges -€2,334
down €2,334 (-84.6%), from €2,758 to €424
- Financial charges +€898
up €898 (+188%), from €477 to €1,375
- Financial income +€272
up €272 (+450%), from €60 to €332
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 | €44,903 | €26,807 | -€18,096 | -40.3% |
| Fixed assets | 21/28 | €18,860 | €12,268 | -€6,592 | -35.0% |
| Tangible fixed assets | 22/27 | €18,860 | €12,268 | -€6,592 | -35.0% |
| Plant, machinery and equipment | 23 | €888 | €461 | -€427 | -48.0% |
| Furniture and vehicles | 24 | €3,429 | €2,441 | -€988 | -28.8% |
| Other tangible fixed assets | 26 | €14,542 | €9,366 | -€5,177 | -35.6% |
| Current assets | 29/58 | €26,043 | €14,538 | -€11,505 | -44.2% |
| Amounts receivable within one year | 40/41 | €17,780 | €4,453 | -€13,327 | -75.0% |
| Trade receivables | 40 | €17,441 | €4,450 | -€12,991 | -74.5% |
| Other amounts receivable | 41 | €339 | €3 | -€336 | -99.2% |
| Cash at bank and in hand | 54/58 | €8,264 | €10,014 | +€1,750 | +21.2% |
| Deferred charges and accrued income | 490/1 | - | €72 | +€72 | |
| Total equity and liabilities | 10/49 | €44,903 | €26,807 | -€18,096 | -40.3% |
| Equity | 10/15 | -€23,384 | -€22,284 | +€1,100 | +4.7% |
| Contributions | 10/11 | €118,600 | €118,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€141,984 | -€140,884 | +€1,100 | +0.8% |
| Amounts payable | 17/49 | €68,287 | €49,090 | -€19,197 | -28.1% |
| Amounts payable within one year | 42/48 | €63,887 | €44,090 | -€19,797 | -31.0% |
| Trade debts | 44 | €19,932 | €11,738 | -€8,194 | -41.1% |
| Suppliers | 440/4 | €19,932 | €11,738 | -€8,194 | -41.1% |
| Advances received on contracts in progress | 46 | €8,775 | - | -€8,775 | |
| Taxes, remuneration and social security | 45 | €3,264 | €12,062 | +€8,798 | +270% |
| Taxes | 450/3 | €3,264 | €12,062 | +€8,798 | +270% |
| Other amounts payable | 47/48 | €31,915 | €20,290 | -€11,626 | -36.4% |
| Accrued charges and deferred income | 492/3 | €4,400 | €5,000 | +€600 | +13.6% |
| Non-recurring operating income | 76A | - | €3,646 | +€3,646 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,448 | €6,457 | +€9 | +0.1% |
| Other operating charges | 640/8 | €2,758 | €424 | -€2,334 | -84.6% |
| Gross operating margin | 9900 | €19,753 | €9,025 | -€10,728 | -54.3% |
| Operating profit (loss) | 9901 | €10,547 | €2,143 | -€8,404 | -79.7% |
| Financial income | 75/76B | €60 | €332 | +€272 | +450% |
| Recurring financial income | 75 | €60 | €332 | +€272 | +450% |
| Financial charges | 65/66B | €477 | €1,375 | +€898 | +188% |
| Recurring financial charges | 65 | €477 | €1,375 | +€898 | +188% |
| Profit (loss) for the period before taxes | 9903 | €10,130 | €1,100 | -€9,030 | -89.1% |
| Profit (loss) for the period | 9904 | €10,130 | €1,100 | -€9,030 | -89.1% |
| Profit (loss) for the period to be appropriated | 9905 | €10,130 | €1,100 | -€9,030 | -89.1% |
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 6 November 2026 via checked.be.