JACQUES EVRARD: 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.
JACQUES EVRARD
Largest movements
- Tangible fixed assets -€32,319
down €32,319 (-22.2%), from €145,592 to €113,273
- Stocks and contracts -€13,562
down €13,562 (-100.0%), from €13,562 to €0
- Cash +€3,038
up €3,038 (+42.4%), from €7,159 to €10,197
mainly Net result for the year (+€30,466) and Depreciation (+€20,027)
- Receivables within one year -€1,972
down €1,972 (-100.0%), from €1,972 to €0
of which Trade receivables: -€1,463
- Profit (loss) carried forward +€30,466
up €30,466 (+36.7%), from -€82,975 to -€52,509
- Trade debts -€25,921
down €25,921 (-96.1%), from €26,986 to €1,065
- Other debts -€21,012
down €21,012 (-24.2%), from €86,893 to €65,880
- Tax, wage and social debts -€16,927
down €16,927 (-60.6%), from €27,912 to €10,985
of which Remuneration and social security: -€12,120
- Debts after one year -€8,864
down €8,864 (-11.4%), from €77,925 to €69,062
- Staff costs -€29,735
down €29,735 (-28.1%), from €105,851 to €76,116
- Gross operating margin +€14,926
up €14,926 (+12.7%), from €117,632 to €132,557
- Depreciation -€10,447
down €10,447 (-34.3%), from €30,475 to €20,027
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.
Cash bridge derived
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 | €170,788 | €123,470 | -€47,318 | -27.7% |
| Fixed assets | 21/28 | €147,050 | €113,273 | -€33,778 | -23.0% |
| Intangible fixed assets | 21 | €1,458 | €0 | -€1,458 | -100.0% |
| Tangible fixed assets | 22/27 | €145,592 | €113,273 | -€32,319 | -22.2% |
| Land and buildings | 22 | €118,721 | €107,990 | -€10,731 | -9.0% |
| Plant, machinery and equipment | 23 | €7,559 | €0 | -€7,559 | -100.0% |
| Furniture and vehicles | 24 | €8,425 | €0 | -€8,425 | -100.0% |
| Other tangible fixed assets | 26 | €10,887 | €5,283 | -€5,604 | -51.5% |
| Current assets | 29/58 | €23,738 | €10,197 | -€13,540 | -57.0% |
| Stocks and contracts in progress | 3 | €13,562 | €0 | -€13,562 | -100.0% |
| Stocks | 30/36 | €13,562 | €0 | -€13,562 | -100.0% |
| Amounts receivable within one year | 40/41 | €1,972 | €0 | -€1,972 | -100.0% |
| Trade receivables | 40 | €1,463 | €0 | -€1,463 | -100.0% |
| Other amounts receivable | 41 | €510 | €0 | -€510 | -100.0% |
| Cash at bank and in hand | 54/58 | €7,159 | €10,197 | +€3,038 | +42.4% |
| Deferred charges and accrued income | 490/1 | €1,044 | €0 | -€1,044 | -100.0% |
| Total equity and liabilities | 10/49 | €170,788 | €123,470 | -€47,318 | -27.7% |
| Equity | 10/15 | -€62,851 | -€32,386 | +€30,466 | +48.5% |
| Contributions | 10/11 | €20,123 | €20,123 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€82,975 | -€52,509 | +€30,466 | +36.7% |
| Amounts payable | 17/49 | €233,640 | €155,856 | -€77,784 | -33.3% |
| Amounts payable after more than one year | 17 | €77,925 | €69,062 | -€8,864 | -11.4% |
| Financial debts | 170/4 | €77,925 | €69,062 | -€8,864 | -11.4% |
| Amounts payable within one year | 42/48 | €155,715 | €86,794 | -€68,920 | -44.3% |
| Current portion of amounts payable after more than one year | 42 | €13,924 | €8,864 | -€5,060 | -36.3% |
| Trade debts | 44 | €26,986 | €1,065 | -€25,921 | -96.1% |
| Suppliers | 440/4 | €26,986 | €1,065 | -€25,921 | -96.1% |
| Taxes, remuneration and social security | 45 | €27,912 | €10,985 | -€16,927 | -60.6% |
| Taxes | 450/3 | €6,952 | €2,146 | -€4,806 | -69.1% |
| Remuneration and social security | 454/9 | €20,960 | €8,840 | -€12,120 | -57.8% |
| Other amounts payable | 47/48 | €86,893 | €65,880 | -€21,012 | -24.2% |
| Non-recurring operating income | 76A | - | €28,729 | +€28,729 | |
| Remuneration, social security and pensions | 62 | €105,851 | €76,116 | -€29,735 | -28.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,475 | €20,027 | -€10,447 | -34.3% |
| Other operating charges | 640/8 | €3,719 | €3,758 | +€39 | +1.0% |
| Gross operating margin | 9900 | €117,632 | €132,557 | +€14,926 | +12.7% |
| Operating profit (loss) | 9901 | -€22,413 | €32,656 | +€55,069 | |
| Financial income | 75/76B | €1 | €50 | +€49 | +8819.6% |
| Recurring financial income | 75 | €1 | €50 | +€49 | +8819.6% |
| Financial charges | 65/66B | €2,932 | €2,216 | -€716 | -24.4% |
| Recurring financial charges | 65 | €2,932 | €2,216 | -€716 | -24.4% |
| Profit (loss) for the period before taxes | 9903 | -€25,345 | €30,490 | +€55,834 | |
| Income taxes | 67/77 | €151 | €24 | -€127 | -84.0% |
| Profit (loss) for the period | 9904 | -€25,495 | €30,466 | +€55,961 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,495 | €30,466 | +€55,961 |
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 10 October 2026 via checked.be.