Jacques Thomée: 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 Thomée
Largest movements
- Tangible fixed assets -€25,595
down €25,595 (-3.8%), from €675,300 to €649,705
of which Land and buildings: -€17,095
- Reserves -€20,684
down €20,684 (-5.2%), from €400,550 to €379,867
of which Tax-exempt reserves: -€20,684
- Other debts -€8,761
down €8,761 (-4.4%), from €197,123 to €188,361
- Other operating charges +€3,037
up €3,037 (+91.2%), from €3,329 to €6,366
- Gross operating margin +€375
up €375 (+2.7%), from €13,697 to €14,072
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 | €678,110 | €651,352 | -€26,758 | -3.9% |
| Fixed assets | 21/28 | €675,300 | €649,705 | -€25,595 | -3.8% |
| Tangible fixed assets | 22/27 | €675,300 | €649,705 | -€25,595 | -3.8% |
| Land and buildings | 22 | €649,613 | €632,518 | -€17,095 | -2.6% |
| Plant, machinery and equipment | 23 | €24,994 | €17,187 | -€7,808 | -31.2% |
| Furniture and vehicles | 24 | €693 | - | -€693 | |
| Current assets | 29/58 | €2,809 | €1,647 | -€1,162 | -41.4% |
| Amounts receivable within one year | 40/41 | €2,467 | €1,057 | -€1,410 | -57.2% |
| Trade receivables | 40 | €2,467 | €1,057 | -€1,410 | -57.2% |
| Cash at bank and in hand | 54/58 | €342 | €590 | +€248 | +72.4% |
| Total equity and liabilities | 10/49 | €678,110 | €651,352 | -€26,758 | -3.9% |
| Equity | 10/15 | €478,151 | €460,074 | -€18,077 | -3.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €400,550 | €379,867 | -€20,684 | -5.2% |
| Tax-exempt reserves | 132 | €398,691 | €378,007 | -€20,684 | -5.2% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,008 | €61,615 | +€2,607 | +4.4% |
| Amounts payable | 17/49 | €199,959 | €191,278 | -€8,681 | -4.3% |
| Amounts payable within one year | 42/48 | €199,959 | €191,278 | -€8,681 | -4.3% |
| Trade debts | 44 | €2,837 | €2,917 | +€80 | +2.8% |
| Suppliers | 440/4 | €2,837 | €2,917 | +€80 | +2.8% |
| Other amounts payable | 47/48 | €197,123 | €188,361 | -€8,761 | -4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,595 | €25,595 | +€0 | 0.0% |
| Other operating charges | 640/8 | €3,329 | €6,366 | +€3,037 | +91.2% |
| Gross operating margin | 9900 | €13,697 | €14,072 | +€375 | +2.7% |
| Operating profit (loss) | 9901 | -€15,227 | -€17,889 | -€2,662 | -17.5% |
| Financial charges | 65/66B | €184 | €187 | +€3 | +1.9% |
| Recurring financial charges | 65 | €184 | €187 | +€3 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | -€15,411 | -€18,077 | -€2,665 | -17.3% |
| Profit (loss) for the period | 9904 | -€15,411 | -€18,077 | -€2,665 | -17.3% |
| Transfer from tax-exempt reserves | 789 | €20,684 | €20,684 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,272 | €2,607 | -€2,665 | -50.6% |
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 3 October 2026 via checked.be.