JAN LEFEVER: 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.
JAN LEFEVER
Largest movements
- Receivables within one year -€32,490
down €32,490 (-65.1%), from €49,876 to €17,387
of which Trade receivables: -€37,490
- Cash -€13,630
down €13,630 (-7.1%), from €192,347 to €178,716
mainly Contributions, distributions and other (-€134,863) and Tax, wage and social debts (-€63,491)
- Tangible fixed assets -€12,486
down €12,486 (-20.7%), from €60,299 to €47,813
of which Furniture and vehicles: -€12,091
- Tax, wage and social debts -€63,491
down €63,491 (-87.8%), from €72,279 to €8,788
- Gross operating margin -€12,310
down €12,310 (-5.6%), from €219,420 to €207,110
- Depreciation +€8,377
up €8,377 (+203.9%), from €4,109 to €12,486
- Taxes -€6,360
down €6,360 (-9.8%), from €64,902 to €58,542
- Financial charges +€6,072
up €6,072, from -€6,018 to €53
- Financial income +€2,771
up €2,771 (+243.7%), from €1,137 to €3,908
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 | €500,278 | €443,538 | -€56,740 | -11.3% |
| Fixed assets | 21/28 | €60,299 | €47,813 | -€12,486 | -20.7% |
| Tangible fixed assets | 22/27 | €60,299 | €47,813 | -€12,486 | -20.7% |
| Plant, machinery and equipment | 23 | €3,910 | €3,514 | -€396 | -10.1% |
| Furniture and vehicles | 24 | €56,390 | €44,299 | -€12,091 | -21.4% |
| Current assets | 29/58 | €439,978 | €395,725 | -€44,253 | -10.1% |
| Amounts receivable within one year | 40/41 | €49,876 | €17,387 | -€32,490 | -65.1% |
| Trade receivables | 40 | €49,876 | €12,387 | -€37,490 | -75.2% |
| Other amounts receivable | 41 | €0 | €5,000 | +€5,000 | |
| Current investments | 50/53 | €196,397 | €198,357 | +€1,959 | +1.0% |
| Cash at bank and in hand | 54/58 | €192,347 | €178,716 | -€13,630 | -7.1% |
| Deferred charges and accrued income | 490/1 | €1,358 | €1,265 | -€93 | -6.8% |
| Total equity and liabilities | 10/49 | €500,278 | €443,538 | -€56,740 | -11.3% |
| Equity | 10/15 | €419,865 | €424,287 | +€4,421 | +1.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €414,865 | €419,287 | +€4,421 | +1.1% |
| Distributable reserves | 133 | €414,865 | €419,287 | +€4,421 | +1.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €80,412 | €19,252 | -€61,161 | -76.1% |
| Amounts payable within one year | 42/48 | €80,412 | €19,252 | -€61,161 | -76.1% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €72,279 | €8,788 | -€63,491 | -87.8% |
| Taxes | 450/3 | €72,279 | €8,788 | -€63,491 | -87.8% |
| Other amounts payable | 47/48 | €8,133 | €10,463 | +€2,330 | +28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,109 | €12,486 | +€8,377 | +203.9% |
| Other operating charges | 640/8 | €405 | €653 | +€248 | +61.2% |
| Gross operating margin | 9900 | €219,420 | €207,110 | -€12,310 | -5.6% |
| Operating profit (loss) | 9901 | €214,907 | €193,971 | -€20,935 | -9.7% |
| Financial income | 75/76B | €1,137 | €3,908 | +€2,771 | +243.7% |
| Recurring financial income | 75 | €1,137 | €3,908 | +€2,771 | +243.7% |
| Financial charges | 65/66B | -€6,018 | €53 | +€6,072 | |
| Recurring financial charges | 65 | -€6,018 | €53 | +€6,072 | |
| Profit (loss) for the period before taxes | 9903 | €222,062 | €197,826 | -€24,236 | -10.9% |
| Income taxes | 67/77 | €64,902 | €58,542 | -€6,360 | -9.8% |
| Profit (loss) for the period | 9904 | €157,160 | €139,284 | -€17,876 | -11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €157,160 | €139,284 | -€17,876 | -11.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.