JAN SANDRA - ADVOCAAT: 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.
What changed
JAN SANDRA - ADVOCAAT
NACE 69.101, Activities of lawyers
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€148,934
2024 · €38,794+€110,140
Equity
€1.3m
2024 · €1.1m+€148,934
Cash
€1,018
2024 · €2,928-€1,911
Balance sheet total
€1.8m
2024 · €1.8m-€3,512
Largest movements
Assets
- Tangible fixed assets -€41,148
down €41,148 (-14.9%), from €275,905 to €234,757
- Financial fixed assets +€33,340
up €33,340 (+2.3%), from €1.5m to €1.5m
Equity and liabilities
- Reserves +€148,934
up €148,934 (+13.5%), from €1.1m to €1.3m
of which Distributable reserves: +€150,504
- Other debts -€109,889
down €109,889 (-77.3%), from €142,149 to €32,260
- Current portion of long-term debt -€55,679
down €55,679 (-92.8%), from €59,986 to €4,307
Income statement
- Financial income +€122,311
up €122,311 (+429,314%), from €28 to €122,340
- Taxes +€10,737
up €10,737 (+45.8%), from €23,464 to €34,201
- Gross operating margin -€3,756
down €3,756 (-3.4%), from €110,949 to €107,192
- Financial charges -€1,400
down €1,400 (-53.8%), from €2,605 to €1,204
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.
Result 2024
€38,794
Gross operating margin
-€3,756
Depreciation
+€1,007
Other operating charges
-€85
Financial income
+€122,311
Financial charges
+€1,400
Taxes
-€10,737
Result 2025
€148,934
raises the resultlowers the result
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.
From operations
+€91,415
Investment
-€33,340
Financing
-€59,986
Cash 2024
€2,928
From operations (derived)
+€91,415
Net result for the year
+€148,934
Depreciation
+€41,148
Receivables within one year
-€6,206
Provisions
-€809
Trade debts
+€6,654
Tax, wage and social debts
+€10,634
Other debts
-€109,889
Accrued charges and deferred income
+€950
Investment (derived)
-€33,340
Investment in fixed assets (net)
-€33,340
Financing
-€59,986
Debts after one year
-€4,307
Current portion of long-term debt
-€55,679
Cash 2025
€1,018
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,845,740 | €1,842,228 | -€3,512 | -0.2% |
| Fixed assets | 21/28 | €1,746,991 | €1,739,183 | -€7,808 | -0.4% |
| Tangible fixed assets | 22/27 | €275,905 | €234,757 | -€41,148 | -14.9% |
| Land and buildings | 22 | €198,412 | €181,302 | -€17,110 | -8.6% |
| Plant, machinery and equipment | 23 | €16,831 | €11,129 | -€5,701 | -33.9% |
| Furniture and vehicles | 24 | €60,662 | €42,326 | -€18,336 | -30.2% |
| Financial fixed assets | 28 | €1,471,086 | €1,504,426 | +€33,340 | +2.3% |
| Current assets | 29/58 | €98,749 | €103,045 | +€4,296 | +4.4% |
| Amounts receivable within one year | 40/41 | €95,821 | €102,028 | +€6,206 | +6.5% |
| Trade receivables | 40 | €23,427 | - | -€23,427 | |
| Other amounts receivable | 41 | €72,394 | €102,028 | +€29,633 | +40.9% |
| Cash at bank and in hand | 54/58 | €2,928 | €1,018 | -€1,911 | -65.2% |
| Total equity and liabilities | 10/49 | €1,845,740 | €1,842,228 | -€3,512 | -0.2% |
| Equity | 10/15 | €1,112,850 | €1,261,784 | +€148,934 | +13.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,106,650 | €1,255,584 | +€148,934 | +13.5% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €23,557 | €21,987 | -€1,570 | -6.7% |
| Distributable reserves | 133 | €1,081,093 | €1,231,598 | +€150,504 | +13.9% |
| Provisions and deferred taxes | 16 | €12,130 | €11,321 | -€809 | -6.7% |
| Deferred taxes | 168 | €12,130 | €11,321 | -€809 | -6.7% |
| Amounts payable | 17/49 | €720,760 | €569,123 | -€151,637 | -21.0% |
| Amounts payable after more than one year | 17 | €479,307 | €475,000 | -€4,307 | -0.9% |
| Financial debts | 170/4 | €479,307 | €475,000 | -€4,307 | -0.9% |
| Amounts payable within one year | 42/48 | €238,453 | €90,173 | -€148,280 | -62.2% |
| Current portion of amounts payable after more than one year | 42 | €59,986 | €4,307 | -€55,679 | -92.8% |
| Trade debts | 44 | €2,247 | €8,901 | +€6,654 | +296% |
| Suppliers | 440/4 | €2,247 | €8,901 | +€6,654 | +296% |
| Taxes, remuneration and social security | 45 | €34,071 | €44,705 | +€10,634 | +31.2% |
| Taxes | 450/3 | €34,071 | €44,705 | +€10,634 | +31.2% |
| Other amounts payable | 47/48 | €142,149 | €32,260 | -€109,889 | -77.3% |
| Accrued charges and deferred income | 492/3 | €3,000 | €3,950 | +€950 | +31.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,154 | €41,148 | -€1,007 | -2.4% |
| Other operating charges | 640/8 | €4,769 | €4,854 | +€85 | +1.8% |
| Gross operating margin | 9900 | €110,949 | €107,192 | -€3,756 | -3.4% |
| Operating profit (loss) | 9901 | €64,025 | €61,191 | -€2,834 | -4.4% |
| Financial income | 75/76B | €28 | €122,340 | +€122,311 | +429,314% |
| Recurring financial income | 75 | €28 | €122,340 | +€122,311 | +429,314% |
| Financial charges | 65/66B | €2,605 | €1,204 | -€1,400 | -53.8% |
| Recurring financial charges | 65 | €2,605 | €1,204 | -€1,400 | -53.8% |
| Profit (loss) for the period before taxes | 9903 | €61,449 | €182,326 | +€120,878 | +197% |
| Transfer from deferred taxes | 780 | €809 | €809 | = | 0.0% |
| Income taxes | 67/77 | €23,464 | €34,201 | +€10,737 | +45.8% |
| Profit (loss) for the period | 9904 | €38,794 | €148,934 | +€110,140 | +284% |
| Transfer from tax-exempt reserves | 789 | €1,570 | €1,570 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €40,364 | €150,504 | +€110,140 | +273% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.