Frédéric JENTGES Management: 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.
Frédéric JENTGES Management
Largest movements
- Cash -€279,108
down €279,108 (-64.8%), from €430,465 to €151,356
mainly Other debts (-€205,660) and Contributions, distributions and other (-€166,033)
- Receivables within one year +€63,289
up €63,289 (+58.3%), from €108,469 to €171,759
- Tangible fixed assets -€16,852
down €16,852 (-6.1%), from €274,917 to €258,065
of which Furniture and vehicles: -€16,852
- Other debts -€205,660
down €205,660 (-33.7%), from €609,366 to €403,707
- Debts after one year -€34,269
down €34,269 (-40.7%), from €84,102 to €49,833
- Gross operating margin -€27,232
down €27,232 (-10.3%), from €265,087 to €237,854
- Depreciation +€10,978
up €10,978 (+187%), from €5,874 to €16,852
- Taxes -€8,198
down €8,198 (-13.8%), from €59,263 to €51,065
- Financial income +€4,850
up €4,850 (+13,494%), from €36 to €4,886
- Other operating charges +€4,295
up €4,295 (+447%), from €960 to €5,256
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 | €819,984 | €586,920 | -€233,063 | -28.4% |
| Fixed assets | 21/28 | €274,917 | €258,065 | -€16,852 | -6.1% |
| Tangible fixed assets | 22/27 | €274,917 | €258,065 | -€16,852 | -6.1% |
| Land and buildings | 22 | €196,319 | €196,319 | = | 0.0% |
| Furniture and vehicles | 24 | €78,598 | €61,746 | -€16,852 | -21.4% |
| Current assets | 29/58 | €545,066 | €328,855 | -€216,211 | -39.7% |
| Amounts receivable within one year | 40/41 | €108,469 | €171,759 | +€63,289 | +58.3% |
| Trade receivables | 40 | €108,469 | €171,759 | +€63,289 | +58.3% |
| Cash at bank and in hand | 54/58 | €430,465 | €151,356 | -€279,108 | -64.8% |
| Deferred charges and accrued income | 490/1 | €6,132 | €5,740 | -€392 | -6.4% |
| Total equity and liabilities | 10/49 | €819,984 | €586,920 | -€233,063 | -28.4% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Amounts payable | 17/49 | €799,524 | €566,460 | -€233,063 | -29.2% |
| Amounts payable after more than one year | 17 | €84,102 | €49,833 | -€34,269 | -40.7% |
| Financial debts | 170/4 | €84,102 | €49,833 | -€34,269 | -40.7% |
| Amounts payable within one year | 42/48 | €715,422 | €516,628 | -€198,794 | -27.8% |
| Current portion of amounts payable after more than one year | 42 | €39,793 | €41,353 | +€1,559 | +3.9% |
| Trade debts | 44 | €2,975 | €778 | -€2,196 | -73.8% |
| Suppliers | 440/4 | €2,975 | €778 | -€2,196 | -73.8% |
| Taxes, remuneration and social security | 45 | €63,287 | €70,790 | +€7,502 | +11.9% |
| Taxes | 450/3 | €63,287 | €67,534 | +€4,247 | +6.7% |
| Remuneration and social security | 454/9 | - | €3,256 | +€3,256 | |
| Other amounts payable | 47/48 | €609,366 | €403,707 | -€205,660 | -33.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,874 | €16,852 | +€10,978 | +187% |
| Other operating charges | 640/8 | €960 | €5,256 | +€4,295 | +447% |
| Gross operating margin | 9900 | €265,087 | €237,854 | -€27,232 | -10.3% |
| Operating profit (loss) | 9901 | €258,252 | €215,746 | -€42,506 | -16.5% |
| Financial income | 75/76B | €36 | €4,886 | +€4,850 | +13,494% |
| Recurring financial income | 75 | €36 | €4,886 | +€4,850 | +13,494% |
| Financial charges | 65/66B | €3,616 | €3,533 | -€83 | -2.3% |
| Recurring financial charges | 65 | €3,616 | €3,533 | -€83 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | €254,672 | €217,099 | -€37,573 | -14.8% |
| Income taxes | 67/77 | €59,263 | €51,065 | -€8,198 | -13.8% |
| Profit (loss) for the period | 9904 | €195,409 | €166,033 | -€29,376 | -15.0% |
| Profit (loss) for the period to be appropriated | 9905 | €195,409 | €166,033 | -€29,376 | -15.0% |
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 22 October 2026 via checked.be.