J. PUTTEMANS en Co: what changed
What changed
J. PUTTEMANS en Co
filed annual accounts (NBB)
Net result for the year
€48,547
2024 · €41,292+€7,255
Equity
€4.3m
2024 · €4.2m+€47,546
Cash
€402,529
2024 · €115,796+€286,733
Balance sheet total
€4.3m
2024 · €4.2m+€46,723
Largest movements
Assets
- Cash +€286,733
up €286,733 (+248%), from €115,796 to €402,529
mainly Current investments (+€168,762) and Depreciation (+€87,422)
- Current investments -€168,762
down €168,762 (-8.4%), from €2.0m to €1.8m
- Tangible fixed assets -€74,225
down €74,225 (-3.5%), from €2.1m to €2.0m
of which Land and buildings: -€56,215
Equity and liabilities
- Profit (loss) carried forward +€47,546
up €47,546 (+1.1%), from €4.2m to €4.2m
Income statement
- Financial income +€13,535
up €13,535 (+7.7%), from €176,656 to €190,191
- Turnover +€1,705
new in 2025: €1,705
- Purchases and services +€1,513
up €1,513 (+4.8%), from €31,230 to €32,743
- Depreciation +€1,028
up €1,028 (+1.2%), from €86,394 to €87,422
- Financial charges +€433
up €433 (+6.1%), from €7,067 to €7,500
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.
Result 2024
€41,292
Gross operating margin
+€192
Depreciation
-€1,028
Other operating charges
-€58
Other operating items
-€4,654
Financial income
+€13,535
Financial charges
-€433
Taxes
-€299
Result 2025
€48,547
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€132,169
Investment
+€155,565
Financing
-€1,001
Cash 2024
€115,796
From operations (derived)
+€132,169
Net result for the year
+€48,547
Depreciation
+€87,422
Receivables within one year
-€3,470
Deferred charges and accrued income
+€493
Smaller working-capital items
-€668
Advances received
+€2,130
Other debts
-€2,285
Investment (derived)
+€155,565
Investment in fixed assets (net)
-€13,197
Current investments
+€168,762
Financing
-€1,001
Contributions, distributions and other
-€1,001
Cash 2025
€402,529
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,230,445 | €4,277,168 | +€46,723 | +1.1% |
| Fixed assets | 21/28 | €2,097,582 | €2,023,357 | -€74,225 | -3.5% |
| Tangible fixed assets | 22/27 | €2,097,582 | €2,023,357 | -€74,225 | -3.5% |
| Land and buildings | 22 | €2,061,151 | €2,004,936 | -€56,215 | -2.7% |
| Furniture and vehicles | 24 | €36,431 | €18,421 | -€18,010 | -49.4% |
| Current assets | 29/58 | €2,132,863 | €2,253,811 | +€120,948 | +5.7% |
| Amounts receivable within one year | 40/41 | €8,691 | €12,161 | +€3,470 | +39.9% |
| Other amounts receivable | 41 | €8,691 | €12,161 | +€3,470 | +39.9% |
| Current investments | 50/53 | €2,000,849 | €1,832,087 | -€168,762 | -8.4% |
| Cash at bank and in hand | 54/58 | €115,796 | €402,529 | +€286,733 | +248% |
| Deferred charges and accrued income | 490/1 | €7,527 | €7,034 | -€493 | -6.5% |
| Total equity and liabilities | 10/49 | €4,230,445 | €4,277,168 | +€46,723 | +1.1% |
| Equity | 10/15 | €4,221,116 | €4,268,662 | +€47,546 | +1.1% |
| Contributions | 10/11 | €61,308 | €61,308 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,159,808 | €4,207,354 | +€47,546 | +1.1% |
| Amounts payable | 17/49 | €9,329 | €8,506 | -€823 | -8.8% |
| Amounts payable within one year | 42/48 | €8,422 | €8,016 | -€406 | -4.8% |
| Trade debts | 44 | €251 | - | -€251 | |
| Suppliers | 440/4 | €251 | - | -€251 | |
| Advances received on contracts in progress | 46 | €3,994 | €6,124 | +€2,130 | +53.3% |
| Other amounts payable | 47/48 | €4,177 | €1,892 | -€2,285 | -54.7% |
| Accrued charges and deferred income | 492/3 | €907 | €490 | -€417 | -46.0% |
| Turnover | 70 | - | €1,705 | +€1,705 | |
| Goods, raw materials, services and sundry goods | 60/61 | €31,230 | €32,743 | +€1,513 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,394 | €87,422 | +€1,028 | +1.2% |
| Other operating charges | 640/8 | €10,361 | €10,419 | +€58 | +0.6% |
| Non-recurring operating charges | 66A | €327 | €4,981 | +€4,654 | +1,423% |
| Gross operating margin | 9900 | -€31,230 | -€31,038 | +€192 | +0.6% |
| Operating profit (loss) | 9901 | -€128,312 | -€133,860 | -€5,548 | -4.3% |
| Financial income | 75/76B | €176,656 | €190,191 | +€13,535 | +7.7% |
| Recurring financial income | 75 | €176,656 | €190,191 | +€13,535 | +7.7% |
| Financial charges | 65/66B | €7,067 | €7,500 | +€433 | +6.1% |
| Recurring financial charges | 65 | €7,067 | €7,500 | +€433 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €41,277 | €48,831 | +€7,554 | +18.3% |
| Income taxes | 67/77 | -€15 | €284 | +€299 | |
| Profit (loss) for the period | 9904 | €41,292 | €48,547 | +€7,255 | +17.6% |
| Profit (loss) for the period to be appropriated | 9905 | €41,292 | €48,547 | +€7,255 | +17.6% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.