JACQUEMIN FRERES: what changed
JACQUEMIN FRERES
Largest movements
- Stocks and contracts +€75,425
new in 2025: €75,425
- Tangible fixed assets +€72,339
up €72,339 (+486%), from €14,874 to €87,212
of which Leasing and similar rights: +€58,435
- Receivables within one year +€32,642
up €32,642 (+129%), from €25,396 to €58,039
of which Trade receivables: +€27,818
- Cash -€7,342
down €7,342 (-27.2%), from €26,981 to €19,640
mainly Investment in fixed assets (net) (-€76,292) and Stocks and contracts (-€75,425)
- Trade debts +€86,545
up €86,545 (+785%), from €11,029 to €97,574
- Debts after one year +€44,525
new in 2025: €44,525
- Other debts +€19,849
up €19,849 (+109%), from €18,169 to €38,018
- Current portion of long-term debt +€9,979
new in 2025: €9,979
- Profit (loss) carried forward +€8,547
up €8,547 (+40.3%), from -€21,231 to -€12,684
- Financial charges +€26,261
up €26,261 (+5,717%), from €459 to €26,720
- Depreciation +€3,953
new in 2025: €3,953
- Taxes -€2,371
down €2,371 (-40.5%), from €5,854 to €3,482
- Gross operating margin +€1,652
up €1,652 (+3.8%), from €43,794 to €45,446
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €67,251 | €240,315 | +€173,064 | +257% |
| Fixed assets | 21/28 | €14,874 | €87,212 | +€72,339 | +486% |
| Tangible fixed assets | 22/27 | €14,874 | €87,212 | +€72,339 | +486% |
| Land and buildings | 22 | €14,874 | €14,874 | = | 0.0% |
| Furniture and vehicles | 24 | - | €13,904 | +€13,904 | |
| Leasing and similar rights | 25 | - | €58,435 | +€58,435 | |
| Current assets | 29/58 | €52,378 | €153,103 | +€100,725 | +192% |
| Stocks and contracts in progress | 3 | - | €75,425 | +€75,425 | |
| Stocks | 30/36 | - | €75,425 | +€75,425 | |
| Amounts receivable within one year | 40/41 | €25,396 | €58,039 | +€32,642 | +129% |
| Trade receivables | 40 | €25,000 | €52,818 | +€27,818 | +111% |
| Other amounts receivable | 41 | €396 | €5,220 | +€4,824 | +1,217% |
| Cash at bank and in hand | 54/58 | €26,981 | €19,640 | -€7,342 | -27.2% |
| Total equity and liabilities | 10/49 | €67,251 | €240,315 | +€173,064 | +257% |
| Equity | 10/15 | €32,199 | €40,746 | +€8,547 | +26.5% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €28,430 | €28,430 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €25,930 | €25,930 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,231 | -€12,684 | +€8,547 | +40.3% |
| Amounts payable | 17/49 | €35,052 | €199,569 | +€164,517 | +469% |
| Amounts payable after more than one year | 17 | - | €44,525 | +€44,525 | |
| Financial debts | 170/4 | - | €44,525 | +€44,525 | |
| Amounts payable within one year | 42/48 | €35,052 | €154,907 | +€119,855 | +342% |
| Current portion of amounts payable after more than one year | 42 | - | €9,979 | +€9,979 | |
| Trade debts | 44 | €11,029 | €97,574 | +€86,545 | +785% |
| Suppliers | 440/4 | €11,029 | €97,574 | +€86,545 | +785% |
| Taxes, remuneration and social security | 45 | €5,854 | €9,336 | +€3,482 | +59.5% |
| Taxes | 450/3 | €5,854 | €9,336 | +€3,482 | +59.5% |
| Other amounts payable | 47/48 | €18,169 | €38,018 | +€19,849 | +109% |
| Accrued charges and deferred income | 492/3 | - | €137 | +€137 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,953 | +€3,953 | |
| Other operating charges | 640/8 | €3,246 | €2,915 | -€331 | -10.2% |
| Gross operating margin | 9900 | €43,794 | €45,446 | +€1,652 | +3.8% |
| Operating profit (loss) | 9901 | €40,548 | €38,578 | -€1,970 | -4.9% |
| Financial income | 75/76B | - | €171 | +€171 | |
| Recurring financial income | 75 | - | €171 | +€171 | |
| Financial charges | 65/66B | €459 | €26,720 | +€26,261 | +5,717% |
| Recurring financial charges | 65 | €459 | €26,720 | +€26,261 | +5,717% |
| Profit (loss) for the period before taxes | 9903 | €40,089 | €12,029 | -€28,060 | -70.0% |
| Income taxes | 67/77 | €5,854 | €3,482 | -€2,371 | -40.5% |
| Profit (loss) for the period | 9904 | €34,235 | €8,547 | -€25,688 | -75.0% |
| Profit (loss) for the period to be appropriated | 9905 | €34,235 | €8,547 | -€25,688 | -75.0% |
Next steps
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 7 November 2026 via checked.be.