JACKY LIEGE: 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.
JACKY LIEGE
Largest movements
- Tangible fixed assets -€12,280
down €12,280 (-18.8%), from €65,406 to €53,126
of which Other tangible fixed assets: -€9,602
- Cash -€8,863
down €8,863 (-9.9%), from €89,580 to €80,717
mainly Debts after one year (-€23,995) and Tax, wage and social debts (-€15,507)
- Deferred charges and accrued income -€3,749
down €3,749 (-100%), from €3,749 to €0
- Trade debts +€26,944
up €26,944 (+34.0%), from €79,363 to €106,307
- Debts after one year -€23,995
down €23,995 (-78.6%), from €30,542 to €6,547
- Tax, wage and social debts -€15,507
down €15,507 (-32.1%), from €48,373 to €32,866
of which Taxes: -€8,356
- Profit (loss) carried forward -€10,482
down €10,482 (-5,620%), from -€187 to -€10,669
- Current portion of long-term debt -€3,421
down €3,421 (-11.3%), from €30,324 to €26,903
- Staff costs -€63,757
down €63,757 (-21.2%), from €301,020 to €237,263
- Gross operating margin -€48,344
down €48,344 (-16.2%), from €298,791 to €250,447
- Depreciation -€3,729
down €3,729 (-20.9%), from €17,869 to €14,140
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 | €261,728 | €236,149 | -€25,579 | -9.8% |
| Formation expenses | 20 | €830 | €285 | -€545 | -65.6% |
| Fixed assets | 21/28 | €65,406 | €53,126 | -€12,280 | -18.8% |
| Tangible fixed assets | 22/27 | €65,406 | €53,126 | -€12,280 | -18.8% |
| Plant, machinery and equipment | 23 | €1,444 | €0 | -€1,444 | -100% |
| Furniture and vehicles | 24 | €1,234 | €0 | -€1,234 | -100% |
| Other tangible fixed assets | 26 | €62,728 | €53,126 | -€9,602 | -15.3% |
| Current assets | 29/58 | €195,492 | €182,738 | -€12,755 | -6.5% |
| Amounts receivable after more than one year | 29 | €35,000 | €35,000 | = | 0.0% |
| Other amounts receivable | 291 | €35,000 | €35,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €11,523 | €10,310 | -€1,213 | -10.5% |
| Stocks | 30/36 | €11,523 | €10,310 | -€1,213 | -10.5% |
| Amounts receivable within one year | 40/41 | €55,640 | €56,711 | +€1,071 | +1.9% |
| Trade receivables | 40 | €2,181 | €29,170 | +€26,989 | +1,238% |
| Other amounts receivable | 41 | €53,460 | €27,541 | -€25,919 | -48.5% |
| Cash at bank and in hand | 54/58 | €89,580 | €80,717 | -€8,863 | -9.9% |
| Deferred charges and accrued income | 490/1 | €3,749 | €0 | -€3,749 | -100% |
| Total equity and liabilities | 10/49 | €261,728 | €236,149 | -€25,579 | -9.8% |
| Equity | 10/15 | €60,313 | €49,831 | -€10,482 | -17.4% |
| Contributions | 10/11 | €60,500 | €60,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€187 | -€10,669 | -€10,482 | -5,620% |
| Amounts payable | 17/49 | €201,415 | €186,318 | -€15,097 | -7.5% |
| Amounts payable after more than one year | 17 | €30,542 | €6,547 | -€23,995 | -78.6% |
| Financial debts | 170/4 | €30,542 | €6,547 | -€23,995 | -78.6% |
| Amounts payable within one year | 42/48 | €166,707 | €175,541 | +€8,834 | +5.3% |
| Current portion of amounts payable after more than one year | 42 | €30,324 | €26,903 | -€3,421 | -11.3% |
| Financial debts | 43 | €5,474 | €6,476 | +€1,002 | +18.3% |
| Credit institutions | 430/8 | €5,474 | €6,476 | +€1,002 | +18.3% |
| Trade debts | 44 | €79,363 | €106,307 | +€26,944 | +34.0% |
| Suppliers | 440/4 | €79,363 | €106,307 | +€26,944 | +34.0% |
| Advances received on contracts in progress | 46 | €334 | €0 | -€334 | -100% |
| Taxes, remuneration and social security | 45 | €48,373 | €32,866 | -€15,507 | -32.1% |
| Taxes | 450/3 | €14,543 | €6,187 | -€8,356 | -57.5% |
| Remuneration and social security | 454/9 | €33,829 | €26,678 | -€7,151 | -21.1% |
| Other amounts payable | 47/48 | €2,839 | €2,989 | +€150 | +5.3% |
| Accrued charges and deferred income | 492/3 | €4,166 | €4,229 | +€63 | +1.5% |
| Remuneration, social security and pensions | 62 | €301,020 | €237,263 | -€63,757 | -21.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,869 | €14,140 | -€3,729 | -20.9% |
| Other operating charges | 640/8 | €2,894 | €3,000 | +€106 | +3.7% |
| Gross operating margin | 9900 | €298,791 | €250,447 | -€48,344 | -16.2% |
| Operating profit (loss) | 9901 | -€22,992 | -€3,957 | +€19,036 | +82.8% |
| Financial income | 75/76B | €1,167 | €179 | -€988 | -84.6% |
| Recurring financial income | 75 | €1,167 | €179 | -€988 | -84.6% |
| Financial charges | 65/66B | €7,791 | €6,704 | -€1,086 | -13.9% |
| Recurring financial charges | 65 | €7,791 | €6,704 | -€1,086 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | -€29,616 | -€10,482 | +€19,134 | +64.6% |
| Income taxes | 67/77 | -€167 | €0 | +€167 | |
| Profit (loss) for the period | 9904 | -€29,449 | -€10,482 | +€18,967 | +64.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,449 | -€10,482 | +€18,967 | +64.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.