JACE: 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.
JACE
Largest movements
- Receivables within one year +€129,904
up €129,904 (+126%), from €102,977 to €232,882
- Deferred charges and accrued income -€3,276
no longer reported in 2025 (was €3,276)
- Other debts +€126,723
up €126,723 (+107%), from €118,339 to €245,062
- Financial income +€7,607
up €7,607 (+232%), from €3,276 to €10,882
- Gross operating margin -€4,671
down €4,671 (-521%), from -€897 to -€5,567
- Financial charges +€1,746
up €1,746 (+64.9%), from €2,691 to €4,437
- Other operating charges +€75
up €75 (+14.9%), from €504 to €579
From the 2022 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €106,303 | €232,899 | +€126,596 | +119% |
| Current assets | 29/58 | €106,303 | €232,899 | +€126,596 | +119% |
| Amounts receivable within one year | 40/41 | €102,977 | €232,882 | +€129,904 | +126% |
| Other amounts receivable | 41 | €102,977 | €232,882 | +€129,904 | +126% |
| Cash at bank and in hand | 54/58 | €50 | €18 | -€32 | -64.9% |
| Deferred charges and accrued income | 490/1 | €3,276 | - | -€3,276 | |
| Total equity and liabilities | 10/49 | €106,303 | €232,899 | +€126,596 | +119% |
| Equity | 10/15 | -€12,036 | -€13,663 | -€1,627 | -13.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | - | €12,400 | +€12,400 | |
| Other | 1109/19 | - | €12,400 | +€12,400 | |
| Profit (loss) carried forward | 14 | -€24,436 | -€26,063 | -€1,627 | -6.7% |
| Amounts payable | 17/49 | €118,339 | €246,562 | +€128,223 | +108% |
| Amounts payable within one year | 42/48 | €118,339 | €246,562 | +€128,223 | +108% |
| Trade debts | 44 | - | €1,500 | +€1,500 | |
| Suppliers | 440/4 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €118,339 | €245,062 | +€126,723 | +107% |
| Other operating charges | 640/8 | €504 | €579 | +€75 | +14.9% |
| Gross operating margin | 9900 | -€897 | -€5,567 | -€4,671 | -521% |
| Operating profit (loss) | 9901 | -€1,401 | -€6,147 | -€4,746 | -339% |
| Financial income | 75/76B | €3,276 | €10,882 | +€7,607 | +232% |
| Recurring financial income | 75 | €3,276 | €10,882 | +€7,607 | +232% |
| Financial charges | 65/66B | €2,691 | €4,437 | +€1,746 | +64.9% |
| Recurring financial charges | 65 | €2,691 | €4,437 | +€1,746 | +64.9% |
| Profit (loss) for the period before taxes | 9903 | -€816 | €299 | +€1,115 | |
| Profit (loss) for the period | 9904 | -€816 | €299 | +€1,115 | |
| Profit (loss) for the period to be appropriated | 9905 | -€816 | €299 | +€1,115 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.