DE BAERE JARCO: 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.
DE BAERE JARCO
Largest movements
- Receivables within one year -€23,190
down €23,190 (-49.7%), from €46,674 to €23,484
of which Trade receivables: -€11,621
- Tangible fixed assets -€9,238
down €9,238 (-24.8%), from €37,237 to €27,999
of which Leasing and similar rights: -€36,121
- Cash -€4,861
down €4,861 (-100%), from €4,861 to €0
mainly Trade debts (-€49,170) and Current portion of long-term debt (-€4,875)
- Trade debts -€49,170
down €49,170 (-77.1%), from €63,763 to €14,593
- Short-term financial debts +€6,265
new in 2025: €6,265
- Reserves +€5,818
up €5,818 (+34.2%), from €17,037 to €22,856
- Current portion of long-term debt -€4,875
no longer reported in 2025 (was €4,875)
- Other debts +€3,676
new in 2025: €3,676
- Gross operating margin -€12,318
down €12,318 (-36.6%), from €33,628 to €21,309
- Taxes -€3,770
down €3,770 (-52.5%), from €7,187 to €3,416
- Depreciation +€2,767
up €2,767 (+42.7%), from €6,476 to €9,243
- Financial income -€921
down €921 (-64.3%), from €1,432 to €512
- Financial charges -€640
down €640 (-20.9%), from €3,072 to €2,431
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 | €89,379 | €52,072 | -€37,307 | -41.7% |
| Formation expenses | 20 | €5 | €0 | -€5 | -100% |
| Fixed assets | 21/28 | €37,237 | €27,999 | -€9,238 | -24.8% |
| Tangible fixed assets | 22/27 | €37,237 | €27,999 | -€9,238 | -24.8% |
| Plant, machinery and equipment | 23 | €1,117 | €857 | -€260 | -23.3% |
| Furniture and vehicles | 24 | - | €27,142 | +€27,142 | |
| Leasing and similar rights | 25 | €36,121 | - | -€36,121 | |
| Current assets | 29/58 | €52,137 | €24,073 | -€28,064 | -53.8% |
| Amounts receivable within one year | 40/41 | €46,674 | €23,484 | -€23,190 | -49.7% |
| Trade receivables | 40 | €27,865 | €16,244 | -€11,621 | -41.7% |
| Other amounts receivable | 41 | €18,809 | €7,240 | -€11,569 | -61.5% |
| Cash at bank and in hand | 54/58 | €4,861 | €0 | -€4,861 | -100% |
| Deferred charges and accrued income | 490/1 | €602 | €589 | -€13 | -2.2% |
| Total equity and liabilities | 10/49 | €89,379 | €52,072 | -€37,307 | -41.7% |
| Equity | 10/15 | €19,037 | €24,856 | +€5,818 | +30.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €17,037 | €22,856 | +€5,818 | +34.2% |
| Distributable reserves | 133 | €17,037 | €22,856 | +€5,818 | +34.2% |
| Amounts payable | 17/49 | €70,342 | €27,216 | -€43,126 | -61.3% |
| Amounts payable within one year | 42/48 | €70,342 | €25,116 | -€45,226 | -64.3% |
| Current portion of amounts payable after more than one year | 42 | €4,875 | - | -€4,875 | |
| Financial debts | 43 | - | €6,265 | +€6,265 | |
| Credit institutions | 430/8 | - | €6,265 | +€6,265 | |
| Trade debts | 44 | €63,763 | €14,593 | -€49,170 | -77.1% |
| Suppliers | 440/4 | €63,763 | €14,593 | -€49,170 | -77.1% |
| Taxes, remuneration and social security | 45 | €1,704 | €582 | -€1,122 | -65.8% |
| Taxes | 450/3 | €1,704 | €582 | -€1,122 | -65.8% |
| Other amounts payable | 47/48 | - | €3,676 | +€3,676 | |
| Accrued charges and deferred income | 492/3 | - | €2,100 | +€2,100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,476 | €9,243 | +€2,767 | +42.7% |
| Other operating charges | 640/8 | €1,288 | €913 | -€376 | -29.2% |
| Gross operating margin | 9900 | €33,628 | €21,309 | -€12,318 | -36.6% |
| Operating profit (loss) | 9901 | €25,863 | €11,154 | -€14,709 | -56.9% |
| Financial income | 75/76B | €1,432 | €512 | -€921 | -64.3% |
| Recurring financial income | 75 | €1,432 | €512 | -€921 | -64.3% |
| Financial charges | 65/66B | €3,072 | €2,431 | -€640 | -20.9% |
| Recurring financial charges | 65 | €3,072 | €2,431 | -€640 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €24,224 | €9,234 | -€14,990 | -61.9% |
| Income taxes | 67/77 | €7,187 | €3,416 | -€3,770 | -52.5% |
| Profit (loss) for the period | 9904 | €17,037 | €5,818 | -€11,219 | -65.8% |
| Profit (loss) for the period to be appropriated | 9905 | €17,037 | €5,818 | -€11,219 | -65.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.