JACQUES REIX: 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 REIX
Largest movements
- Financial fixed assets -€52,277
down €52,277 (-99.4%), from €52,584 to €307
- Stocks and contracts -€12,206
down €12,206 (-24.6%), from €49,628 to €37,422
- Tangible fixed assets -€4,832
down €4,832 (-5.6%), from €85,800 to €80,968
of which Land and buildings: -€6,990
- Other debts -€70,000
down €70,000 (-84.7%), from €82,600 to €12,600
- Provisions -€48,350
down €48,350 (-63.9%), from €75,683 to €27,333
- Trade debts +€24,082
up €24,082 (+21.9%), from €109,986 to €134,068
- Short-term financial debts +€19,047
up €19,047 (+31.6%), from €60,298 to €79,345
- Profit (loss) carried forward +€8,932
up €8,932 (+185%), from €4,818 to €13,750
- Staff costs +€252,503
up €252,503 (+41.7%), from €605,865 to €858,367
- Gross operating margin +€171,836
up €171,836 (+22.9%), from €750,058 to €921,893
- Provisions -€62,874
down €62,874, from €14,524 to -€48,350
- Taxes -€22,595
down €22,595 (-75.5%), from €29,946 to €7,351
- Financial income +€14,749
up €14,749 (+7,781%), from €190 to €14,939
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 | €462,934 | €393,000 | -€69,935 | -15.1% |
| Fixed assets | 21/28 | €138,384 | €81,275 | -€57,109 | -41.3% |
| Tangible fixed assets | 22/27 | €85,800 | €80,968 | -€4,832 | -5.6% |
| Land and buildings | 22 | €78,748 | €71,758 | -€6,990 | -8.9% |
| Plant, machinery and equipment | 23 | €224 | €3,135 | +€2,911 | +1,302% |
| Furniture and vehicles | 24 | €6,829 | €6,075 | -€754 | -11.0% |
| Financial fixed assets | 28 | €52,584 | €307 | -€52,277 | -99.4% |
| Current assets | 29/58 | €324,550 | €311,724 | -€12,826 | -4.0% |
| Stocks and contracts in progress | 3 | €49,628 | €37,422 | -€12,206 | -24.6% |
| Stocks | 30/36 | €49,628 | €37,422 | -€12,206 | -24.6% |
| Amounts receivable within one year | 40/41 | €266,762 | €263,004 | -€3,758 | -1.4% |
| Trade receivables | 40 | €108,626 | €126,444 | +€17,818 | +16.4% |
| Other amounts receivable | 41 | €158,136 | €136,559 | -€21,576 | -13.6% |
| Cash at bank and in hand | 54/58 | €1,264 | €768 | -€495 | -39.2% |
| Deferred charges and accrued income | 490/1 | €6,896 | €10,530 | +€3,634 | +52.7% |
| Total equity and liabilities | 10/49 | €462,934 | €393,000 | -€69,935 | -15.1% |
| Equity | 10/15 | €38,903 | €47,836 | +€8,932 | +23.0% |
| Contributions | 10/11 | €34,085 | €34,085 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,818 | €13,750 | +€8,932 | +185% |
| Provisions and deferred taxes | 16 | €75,683 | €27,333 | -€48,350 | -63.9% |
| Provisions for liabilities and charges | 160/5 | €75,683 | €27,333 | -€48,350 | -63.9% |
| Other liabilities and charges | 164/5 | €75,683 | €27,333 | -€48,350 | -63.9% |
| Amounts payable | 17/49 | €348,348 | €317,831 | -€30,517 | -8.8% |
| Amounts payable within one year | 42/48 | €348,348 | €317,831 | -€30,517 | -8.8% |
| Financial debts | 43 | €60,298 | €79,345 | +€19,047 | +31.6% |
| Credit institutions | 430/8 | €60,298 | €79,345 | +€19,047 | +31.6% |
| Trade debts | 44 | €109,986 | €134,068 | +€24,082 | +21.9% |
| Suppliers | 440/4 | €109,986 | €134,068 | +€24,082 | +21.9% |
| Taxes, remuneration and social security | 45 | €95,464 | €91,818 | -€3,646 | -3.8% |
| Taxes | 450/3 | €39,685 | €15,708 | -€23,977 | -60.4% |
| Remuneration and social security | 454/9 | €55,779 | €76,111 | +€20,331 | +36.4% |
| Other amounts payable | 47/48 | €82,600 | €12,600 | -€70,000 | -84.7% |
| Remuneration, social security and pensions | 62 | €605,865 | €858,367 | +€252,503 | +41.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,283 | €11,593 | -€689 | -5.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €14,524 | -€48,350 | -€62,874 | |
| Other operating charges | 640/8 | €6,485 | €4,799 | -€1,685 | -26.0% |
| Non-recurring operating charges | 66A | - | €83,810 | +€83,810 | |
| Gross operating margin | 9900 | €750,058 | €921,893 | +€171,836 | +22.9% |
| Operating profit (loss) | 9901 | €110,902 | €11,673 | -€99,229 | -89.5% |
| Financial income | 75/76B | €190 | €14,939 | +€14,749 | +7,781% |
| Recurring financial income | 75 | €190 | €14,939 | +€14,749 | +7,781% |
| Financial charges | 65/66B | €8,375 | €10,329 | +€1,953 | +23.3% |
| Recurring financial charges | 65 | €8,375 | €10,329 | +€1,953 | +23.3% |
| Profit (loss) for the period before taxes | 9903 | €102,716 | €16,283 | -€86,433 | -84.1% |
| Income taxes | 67/77 | €29,946 | €7,351 | -€22,595 | -75.5% |
| Profit (loss) for the period | 9904 | €72,770 | €8,932 | -€63,838 | -87.7% |
| Profit (loss) for the period to be appropriated | 9905 | €72,770 | €8,932 | -€63,838 | -87.7% |
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 24 October 2026 via checked.be.