JACQUES FRANCOIS: 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 FRANCOIS
Largest movements
- Tangible fixed assets -€7,034
down €7,034 (-60.3%), from €11,658 to €4,624
of which Leasing and similar rights: -€5,716
- Receivables within one year +€4,087
up €4,087 (+41.8%), from €9,781 to €13,868
of which Trade receivables: +€3,038
- Other debts +€32,524
up €32,524 (+605%), from €5,380 to €37,904
- Profit (loss) carried forward -€15,170
down €15,170 (-48.4%), from -€31,370 to -€46,540
- Tax, wage and social debts -€11,843
down €11,843 (-98.6%), from €12,008 to €165
- Debts after one year -€7,001
no longer reported in 2025 (was €7,001)
- Trade debts -€2,578
down €2,578 (-34.5%), from €7,478 to €4,901
- Gross operating margin -€19,856
down €19,856, from €18,934 to -€922
- Financial charges +€694
up €694 (+15.2%), from €4,558 to €5,252
- Other operating charges +€559
up €559 (+45.7%), from €1,225 to €1,784
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,593 | €18,645 | -€2,949 | -13.7% |
| Fixed assets | 21/28 | €11,658 | €4,624 | -€7,034 | -60.3% |
| Tangible fixed assets | 22/27 | €11,658 | €4,624 | -€7,034 | -60.3% |
| Land and buildings | 22 | €5,285 | €4,530 | -€755 | -14.3% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €564 | €0 | -€564 | -100% |
| Leasing and similar rights | 25 | €5,810 | €94 | -€5,716 | -98.4% |
| Current assets | 29/58 | €9,935 | €14,021 | +€4,086 | +41.1% |
| Amounts receivable within one year | 40/41 | €9,781 | €13,868 | +€4,087 | +41.8% |
| Trade receivables | 40 | €9,715 | €12,754 | +€3,038 | +31.3% |
| Other amounts receivable | 41 | €66 | €1,114 | +€1,048 | +1,597% |
| Deferred charges and accrued income | 490/1 | €154 | €153 | -€1 | -0.8% |
| Total equity and liabilities | 10/49 | €21,593 | €18,645 | -€2,949 | -13.7% |
| Equity | 10/15 | -€25,170 | -€40,340 | -€15,170 | -60.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,370 | -€46,540 | -€15,170 | -48.4% |
| Amounts payable | 17/49 | €46,763 | €58,984 | +€12,221 | +26.1% |
| Amounts payable after more than one year | 17 | €7,001 | - | -€7,001 | |
| Financial debts | 170/4 | €7,001 | - | -€7,001 | |
| Amounts payable within one year | 42/48 | €39,762 | €58,984 | +€19,222 | +48.3% |
| Current portion of amounts payable after more than one year | 42 | €7,305 | €6,563 | -€742 | -10.2% |
| Financial debts | 43 | €7,592 | €9,452 | +€1,860 | +24.5% |
| Credit institutions | 430/8 | €7,592 | €9,452 | +€1,860 | +24.5% |
| Trade debts | 44 | €7,478 | €4,901 | -€2,578 | -34.5% |
| Suppliers | 440/4 | €7,478 | €4,901 | -€2,578 | -34.5% |
| Taxes, remuneration and social security | 45 | €12,008 | €165 | -€11,843 | -98.6% |
| Taxes | 450/3 | €12,008 | €165 | -€11,843 | -98.6% |
| Other amounts payable | 47/48 | €5,380 | €37,904 | +€32,524 | +605% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,065 | €7,034 | -€30 | -0.4% |
| Other operating charges | 640/8 | €1,225 | €1,784 | +€559 | +45.7% |
| Gross operating margin | 9900 | €18,934 | -€922 | -€19,856 | |
| Operating profit (loss) | 9901 | €10,644 | -€9,741 | -€20,385 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €4,558 | €5,252 | +€694 | +15.2% |
| Recurring financial charges | 65 | €4,558 | €5,252 | +€694 | +15.2% |
| Profit (loss) for the period before taxes | 9903 | €6,086 | -€14,993 | -€21,079 | |
| Income taxes | 67/77 | €175 | €177 | +€2 | +1.1% |
| Profit (loss) for the period | 9904 | €5,911 | -€15,170 | -€21,081 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,911 | -€15,170 | -€21,081 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.