Jacques Löfgen Services: 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 Löfgen Services
Largest movements
- Cash +€32,988
up €32,988 (+169%), from €19,505 to €52,492
mainly Net result for the year (+€40,701) and Depreciation (+€18,886)
- Tangible fixed assets -€18,637
down €18,637 (-25.7%), from €72,440 to €53,803
of which Furniture and vehicles: -€17,374
- Receivables within one year +€3,623
up €3,623 (+11.0%), from €32,788 to €36,411
of which Other amounts receivable: +€3,308
- Other debts +€16,000
up €16,000 (+57.1%), from €28,000 to €44,000
- Tax, wage and social debts +€10,790
up €10,790 (+210%), from €5,149 to €15,939
of which Taxes: +€9,290
- Debts after one year -€5,179
down €5,179 (-56.1%), from €9,233 to €4,054
- Reserves -€4,000
down €4,000 (-6.1%), from €65,359 to €61,359
- Gross operating margin +€12,658
up €12,658 (+17.2%), from €73,455 to €86,112
- Taxes +€5,875
up €5,875 (+43.6%), from €13,488 to €19,363
- Depreciation +€2,613
up €2,613 (+16.1%), from €16,273 to €18,886
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 | €125,880 | €143,795 | +€17,914 | +14.2% |
| Formation expenses | 20 | €965 | €715 | -€250 | -25.9% |
| Fixed assets | 21/28 | €72,440 | €53,978 | -€18,462 | -25.5% |
| Tangible fixed assets | 22/27 | €72,440 | €53,803 | -€18,637 | -25.7% |
| Plant, machinery and equipment | 23 | €5,444 | €4,181 | -€1,263 | -23.2% |
| Furniture and vehicles | 24 | €66,996 | €49,622 | -€17,374 | -25.9% |
| Financial fixed assets | 28 | - | €175 | +€175 | |
| Current assets | 29/58 | €52,475 | €89,101 | +€36,626 | +69.8% |
| Amounts receivable within one year | 40/41 | €32,788 | €36,411 | +€3,623 | +11.0% |
| Trade receivables | 40 | €27,825 | €28,139 | +€315 | +1.1% |
| Other amounts receivable | 41 | €4,964 | €8,272 | +€3,308 | +66.6% |
| Cash at bank and in hand | 54/58 | €19,505 | €52,492 | +€32,988 | +169% |
| Deferred charges and accrued income | 490/1 | €182 | €197 | +€15 | +8.4% |
| Total equity and liabilities | 10/49 | €125,880 | €143,795 | +€17,914 | +14.2% |
| Equity | 10/15 | €74,697 | €71,398 | -€3,299 | -4.4% |
| Contributions | 10/11 | €9,197 | €9,197 | = | 0.0% |
| Reserves | 13 | €65,359 | €61,359 | -€4,000 | -6.1% |
| Distributable reserves | 133 | €65,359 | €61,359 | -€4,000 | -6.1% |
| Profit (loss) carried forward | 14 | €140 | €841 | +€701 | +499% |
| Amounts payable | 17/49 | €51,184 | €72,397 | +€21,214 | +41.4% |
| Amounts payable after more than one year | 17 | €9,233 | €4,054 | -€5,179 | -56.1% |
| Financial debts | 170/4 | €9,233 | €4,054 | -€5,179 | -56.1% |
| Amounts payable within one year | 42/48 | €41,581 | €68,004 | +€26,423 | +63.5% |
| Current portion of amounts payable after more than one year | 42 | €4,932 | €5,179 | +€247 | +5.0% |
| Trade debts | 44 | €3,499 | €2,886 | -€613 | -17.5% |
| Suppliers | 440/4 | €3,499 | €2,886 | -€613 | -17.5% |
| Taxes, remuneration and social security | 45 | €5,149 | €15,939 | +€10,790 | +210% |
| Taxes | 450/3 | €5,149 | €14,439 | +€9,290 | +180% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €28,000 | €44,000 | +€16,000 | +57.1% |
| Accrued charges and deferred income | 492/3 | €370 | €340 | -€30 | -8.1% |
| Remuneration, social security and pensions | 62 | €4,223 | €4,322 | +€99 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,273 | €18,886 | +€2,613 | +16.1% |
| Other operating charges | 640/8 | €508 | €555 | +€46 | +9.1% |
| Gross operating margin | 9900 | €73,455 | €86,112 | +€12,658 | +17.2% |
| Operating profit (loss) | 9901 | €52,450 | €62,349 | +€9,899 | +18.9% |
| Financial income | 75/76B | €383 | €184 | -€199 | -52.0% |
| Recurring financial income | 75 | €383 | €184 | -€199 | -52.0% |
| Financial charges | 65/66B | €2,649 | €2,469 | -€180 | -6.8% |
| Recurring financial charges | 65 | €2,586 | €2,469 | -€117 | -4.5% |
| Non-recurring financial charges | 66B | €63 | - | -€63 | |
| Profit (loss) for the period before taxes | 9903 | €50,183 | €60,064 | +€9,881 | +19.7% |
| Income taxes | 67/77 | €13,488 | €19,363 | +€5,875 | +43.6% |
| Profit (loss) for the period | 9904 | €36,695 | €40,701 | +€4,005 | +10.9% |
| Profit (loss) for the period to be appropriated | 9905 | €36,695 | €40,701 | +€4,005 | +10.9% |
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 18 October 2026 via checked.be.