JACQUES MAYOL: what changed
Two fiscal 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 MAYOL
Largest movements
- Receivables within one year -€973,842
down €973,842 (-45.8%), from €2.1m to €1.2m
of which Trade receivables: -€976,826
- Cash +€310,456
up €310,456 (+5089.9%), from €6,100 to €316,555
mainly Receivables within one year (+€973,842) and Net result for the year (+€147,060)
- Tangible fixed assets -€31,013
down €31,013 (-39.5%), from €78,585 to €47,571
of which Furniture and vehicles: -€28,083
- Other debts -€482,333
down €482,333 (-77.0%), from €626,389 to €144,056
- Trade debts -€239,979
down €239,979 (-46.7%), from €513,611 to €273,632
- Tax, wage and social debts +€27,572
up €27,572 (+23.4%), from €117,861 to €145,433
of which Remuneration and social security: +€49,886
- Gross operating margin -€3,764
down €3,764 (-1.4%), from €268,867 to €265,103
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 | €2,254,158 | €1,562,422 | -€691,736 | -30.7% |
| Fixed assets | 21/28 | €78,643 | €47,630 | -€31,013 | -39.4% |
| Tangible fixed assets | 22/27 | €78,585 | €47,571 | -€31,013 | -39.5% |
| Plant, machinery and equipment | 23 | €5,488 | €2,558 | -€2,931 | -53.4% |
| Furniture and vehicles | 24 | €73,096 | €45,014 | -€28,083 | -38.4% |
| Financial fixed assets | 28 | €59 | €59 | = | 0.0% |
| Current assets | 29/58 | €2,175,515 | €1,514,792 | -€660,723 | -30.4% |
| Stocks and contracts in progress | 3 | €42,011 | €44,675 | +€2,664 | +6.3% |
| Stocks | 30/36 | €42,011 | €44,675 | +€2,664 | +6.3% |
| Amounts receivable within one year | 40/41 | €2,127,404 | €1,153,562 | -€973,842 | -45.8% |
| Trade receivables | 40 | €2,127,404 | €1,150,578 | -€976,826 | -45.9% |
| Other amounts receivable | 41 | - | €2,984 | +€2,984 | |
| Cash at bank and in hand | 54/58 | €6,100 | €316,555 | +€310,456 | +5089.9% |
| Total equity and liabilities | 10/49 | €2,254,158 | €1,562,422 | -€691,736 | -30.7% |
| Equity | 10/15 | €996,297 | €999,302 | +€3,005 | +0.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €934,297 | €937,302 | +€3,005 | +0.3% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €928,097 | €931,102 | +€3,005 | +0.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,257,861 | €563,121 | -€694,741 | -55.2% |
| Amounts payable within one year | 42/48 | €1,257,861 | €563,121 | -€694,741 | -55.2% |
| Trade debts | 44 | €513,611 | €273,632 | -€239,979 | -46.7% |
| Suppliers | 440/4 | €513,611 | €273,632 | -€239,979 | -46.7% |
| Taxes, remuneration and social security | 45 | €117,861 | €145,433 | +€27,572 | +23.4% |
| Taxes | 450/3 | €117,861 | €95,547 | -€22,314 | -18.9% |
| Remuneration and social security | 454/9 | €0 | €49,886 | +€49,886 | |
| Other amounts payable | 47/48 | €626,389 | €144,056 | -€482,333 | -77.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,378 | €42,697 | +€319 | +0.8% |
| Other operating charges | 640/8 | €5,351 | €5,348 | -€3 | -0.1% |
| Gross operating margin | 9900 | €268,867 | €265,103 | -€3,764 | -1.4% |
| Operating profit (loss) | 9901 | €221,137 | €217,058 | -€4,079 | -1.8% |
| Financial income | 75/76B | €85 | €150 | +€65 | +76.6% |
| Recurring financial income | 75 | €85 | €150 | +€65 | +76.6% |
| Financial charges | 65/66B | €3,686 | €3,381 | -€304 | -8.3% |
| Recurring financial charges | 65 | €3,686 | €3,381 | -€304 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €217,536 | €213,827 | -€3,710 | -1.7% |
| Income taxes | 67/77 | €68,316 | €66,766 | -€1,550 | -2.3% |
| Profit (loss) for the period | 9904 | €149,220 | €147,060 | -€2,160 | -1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €149,220 | €147,060 | -€2,160 | -1.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.