JACD: what changed
JACD
Largest movements
- Cash -€59,954
down €59,954 (-16.1%), from €372,013 to €312,059
mainly Contributions, distributions and other (-€187,643) and Other debts (-€91,067)
- Tangible fixed assets -€41,641
down €41,641 (-16.1%), from €257,929 to €216,289
of which Furniture and vehicles: -€33,975
- Receivables within one year -€13,929
down €13,929 (-6.1%), from €229,382 to €215,453
of which Trade receivables: -€23,428
- Other debts -€91,067
down €91,067 (-32.6%), from €279,060 to €187,993
- Debts after one year -€39,243
down €39,243 (-29.6%), from €132,775 to €93,532
- Tax, wage and social debts -€37,652
down €37,652 (-21.1%), from €178,780 to €141,127
of which Taxes: -€23,401
- Current portion of long-term debt +€28,711
up €28,711 (+22.5%), from €127,447 to €156,158
- Trade debts +€24,215
up €24,215 (+19.5%), from €124,438 to €148,653
- Gross operating margin -€246,119
down €246,119 (-16.1%), from €1.5m to €1.3m
- Staff costs -€109,902
down €109,902 (-10.2%), from €1.1m to €971,205
- Taxes -€33,956
down €33,956 (-29.5%), from €115,178 to €81,222
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 | €862,503 | €747,466 | -€115,037 | -13.3% |
| Fixed assets | 21/28 | €258,879 | €217,239 | -€41,641 | -16.1% |
| Tangible fixed assets | 22/27 | €257,929 | €216,289 | -€41,641 | -16.1% |
| Land and buildings | 22 | €173,905 | €166,240 | -€7,666 | -4.4% |
| Furniture and vehicles | 24 | €84,024 | €50,049 | -€33,975 | -40.4% |
| Financial fixed assets | 28 | €950 | €950 | = | 0.0% |
| Current assets | 29/58 | €603,623 | €530,227 | -€73,396 | -12.2% |
| Amounts receivable within one year | 40/41 | €229,382 | €215,453 | -€13,929 | -6.1% |
| Trade receivables | 40 | €229,382 | €205,954 | -€23,428 | -10.2% |
| Other amounts receivable | 41 | - | €9,499 | +€9,499 | |
| Cash at bank and in hand | 54/58 | €372,013 | €312,059 | -€59,954 | -16.1% |
| Deferred charges and accrued income | 490/1 | €2,228 | €2,715 | +€487 | +21.9% |
| Total equity and liabilities | 10/49 | €862,503 | €747,466 | -€115,037 | -13.3% |
| Equity | 10/15 | €20,003 | €20,003 | +€0 | 0.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €3 | €3 | +€0 | +1.0% |
| Distributable reserves | 133 | €3 | €3 | +€0 | +1.0% |
| Amounts payable | 17/49 | €842,500 | €727,463 | -€115,037 | -13.7% |
| Amounts payable after more than one year | 17 | €132,775 | €93,532 | -€39,243 | -29.6% |
| Financial debts | 170/4 | €132,775 | €93,532 | -€39,243 | -29.6% |
| Amounts payable within one year | 42/48 | €709,725 | €633,931 | -€75,794 | -10.7% |
| Current portion of amounts payable after more than one year | 42 | €127,447 | €156,158 | +€28,711 | +22.5% |
| Trade debts | 44 | €124,438 | €148,653 | +€24,215 | +19.5% |
| Suppliers | 440/4 | €124,438 | €148,653 | +€24,215 | +19.5% |
| Taxes, remuneration and social security | 45 | €178,780 | €141,127 | -€37,652 | -21.1% |
| Taxes | 450/3 | €25,062 | €1,661 | -€23,401 | -93.4% |
| Remuneration and social security | 454/9 | €153,717 | €139,466 | -€14,251 | -9.3% |
| Other amounts payable | 47/48 | €279,060 | €187,993 | -€91,067 | -32.6% |
| Remuneration, social security and pensions | 62 | €1,081,106 | €971,205 | -€109,902 | -10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,696 | €26,536 | -€8,160 | -23.5% |
| Other operating charges | 640/8 | €3,796 | €6,542 | +€2,746 | +72.3% |
| Gross operating margin | 9900 | €1,526,809 | €1,280,691 | -€246,119 | -16.1% |
| Operating profit (loss) | 9901 | €407,211 | €276,408 | -€130,803 | -32.1% |
| Financial income | 75/76B | €657 | €2,412 | +€1,755 | +267% |
| Recurring financial income | 75 | €657 | €2,412 | +€1,755 | +267% |
| Financial charges | 65/66B | €13,629 | €9,955 | -€3,673 | -27.0% |
| Recurring financial charges | 65 | €13,629 | €9,955 | -€3,673 | -27.0% |
| Profit (loss) for the period before taxes | 9903 | €394,240 | €268,865 | -€125,375 | -31.8% |
| Income taxes | 67/77 | €115,178 | €81,222 | -€33,956 | -29.5% |
| Profit (loss) for the period | 9904 | €279,062 | €187,643 | -€91,419 | -32.8% |
| Profit (loss) for the period to be appropriated | 9905 | €279,062 | €187,643 | -€91,419 | -32.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.