Jazzi: 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.
Jazzi
Largest movements
- Receivables within one year +€11,755
up €11,755 (+152%), from €7,758 to €19,513
of which Trade receivables: +€11,423
- Cash -€5,015
down €5,015 (-100%), from €5,015 to €0
mainly Other debts (-€14,686) and Receivables within one year (-€11,755)
- Tangible fixed assets -€903
down €903 (-45.0%), from €2,005 to €1,102
- Profit (loss) carried forward +€20,121
up €20,121 (+16.9%), from -€119,408 to -€99,287
- Other debts -€14,686
down €14,686 (-19.7%), from €74,543 to €59,857
- Tax, wage and social debts +€9,797
up €9,797 (+78.3%), from €12,512 to €22,309
of which Taxes: +€7,997
- Debts after one year -€7,470
down €7,470 (-59.6%), from €12,533 to €5,063
- Trade debts -€2,244
down €2,244 (-35.2%), from €6,372 to €4,128
- Taxes +€2,642
up €2,642 (+49.8%), from €5,309 to €7,951
- Write-downs +€1,584
new in 2025: €1,584
- Other operating charges -€1,521
down €1,521 (-100%), from €1,521 to €0
- Gross operating margin -€875
down €875 (-2.7%), from €31,883 to €31,008
- Financial charges -€529
down €529 (-39.4%), from €1,341 to €812
of which Financial charges: -€529
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 | €14,777 | €20,615 | +€5,838 | +39.5% |
| Fixed assets | 21/28 | €2,005 | €1,102 | -€903 | -45.0% |
| Tangible fixed assets | 22/27 | €2,005 | €1,102 | -€903 | -45.0% |
| Furniture and vehicles | 24 | €2,005 | €1,102 | -€903 | -45.0% |
| Current assets | 29/58 | €12,773 | €19,513 | +€6,741 | +52.8% |
| Amounts receivable within one year | 40/41 | €7,758 | €19,513 | +€11,755 | +152% |
| Trade receivables | 40 | €7,758 | €19,180 | +€11,423 | +147% |
| Other amounts receivable | 41 | - | €333 | +€333 | |
| Cash at bank and in hand | 54/58 | €5,015 | €0 | -€5,015 | -100% |
| Total equity and liabilities | 10/49 | €14,777 | €20,615 | +€5,838 | +39.5% |
| Equity | 10/15 | -€99,991 | -€79,870 | +€20,121 | +20.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €16,917 | €16,917 | = | 0.0% |
| Distributable reserves | 133 | €16,917 | €16,917 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€119,408 | -€99,287 | +€20,121 | +16.9% |
| Amounts payable | 17/49 | €114,769 | €100,486 | -€14,283 | -12.4% |
| Amounts payable after more than one year | 17 | €12,533 | €5,063 | -€7,470 | -59.6% |
| Financial debts | 170/4 | €12,533 | €5,063 | -€7,470 | -59.6% |
| Amounts payable within one year | 42/48 | €100,753 | €93,940 | -€6,813 | -6.8% |
| Current portion of amounts payable after more than one year | 42 | €7,326 | €7,646 | +€320 | +4.4% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €6,372 | €4,128 | -€2,244 | -35.2% |
| Suppliers | 440/4 | €6,372 | €4,128 | -€2,244 | -35.2% |
| Taxes, remuneration and social security | 45 | €12,512 | €22,309 | +€9,797 | +78.3% |
| Taxes | 450/3 | €12,512 | €20,509 | +€7,997 | +63.9% |
| Remuneration and social security | 454/9 | - | €1,800 | +€1,800 | |
| Other amounts payable | 47/48 | €74,543 | €59,857 | -€14,686 | -19.7% |
| Accrued charges and deferred income | 492/3 | €1,483 | €1,483 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €703 | €903 | +€200 | +28.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,584 | +€1,584 | |
| Other operating charges | 640/8 | €1,521 | €0 | -€1,521 | -100% |
| Gross operating margin | 9900 | €31,883 | €31,008 | -€875 | -2.7% |
| Operating profit (loss) | 9901 | €29,659 | €28,522 | -€1,137 | -3.8% |
| Financial income | 75/76B | €56 | €363 | +€306 | +544% |
| Recurring financial income | 75 | €56 | €363 | +€306 | +544% |
| Financial charges | 65/66B | €1,341 | €812 | -€529 | -39.4% |
| Recurring financial charges | 65 | €1,341 | €812 | -€529 | -39.4% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €28,374 | €28,072 | -€302 | -1.1% |
| Income taxes | 67/77 | €5,309 | €7,951 | +€2,642 | +49.8% |
| Profit (loss) for the period | 9904 | €23,065 | €20,121 | -€2,944 | -12.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,065 | €20,121 | -€2,944 | -12.8% |
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 22 October 2026 via checked.be.