J.E.S. BACHES: what changed
Two fiscal 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.
J.E.S. BACHES
Largest movements
- Tangible fixed assets -€12,336
down €12,336 (-43.8%), from €28,134 to €15,798
of which Furniture and vehicles: -€10,640
- Cash -€5,149
down €5,149 (-30.0%), from €17,171 to €12,022
mainly Other debts (-€12,674) and Current portion of long-term debt (-€6,691)
- Receivables within one year -€4,001
down €4,001 (-13.5%), from €29,564 to €25,563
of which Trade receivables: -€5,329
- Deferred charges and accrued income +€1,508
up €1,508 (+384.7%), from €392 to €1,900
- Other debts -€12,674
down €12,674 (-88.9%), from €14,256 to €1,582
- Current portion of long-term debt -€6,691
no longer reported in 2024 (was €6,691)
- Tax, wage and social debts -€1,661
down €1,661 (-25.3%), from €6,568 to €4,907
- Trade debts +€1,070
up €1,070 (+9.6%), from €11,118 to €12,188
- Gross operating margin -€15,123
down €15,123 (-42.9%), from €35,256 to €20,133
- Turnover -€14,749
down €14,749 (-24.6%), from €60,055 to €45,306
- Taxes -€4,603
down €4,603 (-50.6%), from €9,091 to €4,488
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €75,532 | €55,554 | -€19,978 | -26.4% |
| Fixed assets | 21/28 | €28,405 | €16,069 | -€12,336 | -43.4% |
| Tangible fixed assets | 22/27 | €28,134 | €15,798 | -€12,336 | -43.8% |
| Furniture and vehicles | 24 | €21,068 | €10,428 | -€10,640 | -50.5% |
| Other tangible fixed assets | 26 | €7,066 | €5,370 | -€1,696 | -24.0% |
| Financial fixed assets | 28 | €271 | €271 | = | 0.0% |
| Current assets | 29/58 | €47,127 | €39,485 | -€7,642 | -16.2% |
| Amounts receivable within one year | 40/41 | €29,564 | €25,563 | -€4,001 | -13.5% |
| Trade receivables | 40 | €29,518 | €24,189 | -€5,329 | -18.1% |
| Other amounts receivable | 41 | €46 | €1,374 | +€1,328 | +2887.0% |
| Cash at bank and in hand | 54/58 | €17,171 | €12,022 | -€5,149 | -30.0% |
| Deferred charges and accrued income | 490/1 | €392 | €1,900 | +€1,508 | +384.7% |
| Total equity and liabilities | 10/49 | €75,532 | €55,554 | -€19,978 | -26.4% |
| Equity | 10/15 | €26,329 | €26,304 | -€25 | -0.1% |
| Contributions | 10/11 | €12,395 | €12,395 | = | 0.0% |
| Reserves | 13 | €12,541 | €12,541 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €10,682 | €10,682 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,393 | €1,368 | -€25 | -1.8% |
| Amounts payable | 17/49 | €49,203 | €29,250 | -€19,953 | -40.6% |
| Amounts payable within one year | 42/48 | €49,203 | €29,250 | -€19,953 | -40.6% |
| Current portion of amounts payable after more than one year | 42 | €6,691 | - | -€6,691 | |
| Financial debts | 43 | €1,710 | €1,713 | +€3 | +0.2% |
| Credit institutions | 430/8 | €1,710 | €1,713 | +€3 | +0.2% |
| Trade debts | 44 | €11,118 | €12,188 | +€1,070 | +9.6% |
| Suppliers | 440/4 | €11,118 | €12,188 | +€1,070 | +9.6% |
| Advances received on contracts in progress | 46 | €8,860 | €8,860 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €6,568 | €4,907 | -€1,661 | -25.3% |
| Taxes | 450/3 | €6,568 | €4,907 | -€1,661 | -25.3% |
| Other amounts payable | 47/48 | €14,256 | €1,582 | -€12,674 | -88.9% |
| Turnover | 70 | €60,055 | €45,306 | -€14,749 | -24.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €24,799 | €25,173 | +€374 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,038 | €13,293 | +€255 | +2.0% |
| Other operating charges | 640/8 | €1,315 | €1,373 | +€58 | +4.4% |
| Gross operating margin | 9900 | €35,256 | €20,133 | -€15,123 | -42.9% |
| Operating profit (loss) | 9901 | €20,903 | €5,467 | -€15,436 | -73.8% |
| Financial charges | 65/66B | €1,130 | €1,004 | -€126 | -11.2% |
| Recurring financial charges | 65 | €1,130 | €1,004 | -€126 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €19,773 | €4,463 | -€15,310 | -77.4% |
| Income taxes | 67/77 | €9,091 | €4,488 | -€4,603 | -50.6% |
| Profit (loss) for the period | 9904 | €10,682 | -€25 | -€10,707 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,682 | -€25 | -€10,707 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.