JEAN BAUT: 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.
JEAN BAUT
Largest movements
- Tangible fixed assets -€33,782
down €33,782 (-25.6%), from €131,961 to €98,178
of which Land and buildings: -€31,168
- Debts after one year -€73,583
down €73,583 (-17.4%), from €423,659 to €350,076
- Profit (loss) carried forward +€26,581
up €26,581 (+34.8%), from €76,409 to €102,990
- Accrued charges and deferred income +€8,778
up €8,778 (+7.4%), from €117,944 to €126,722
- Gross operating margin -€12,856
down €12,856 (-13.5%), from €95,525 to €82,669
- Taxes -€2,398
down €2,398 (-15.6%), from €15,403 to €13,005
- Financial income +€2,353
up €2,353 (+5,882,400%), from €0 to €2,353
- Financial charges -€2,243
down €2,243 (-18.2%), from €12,306 to €10,063
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 | €801,362 | €762,758 | -€38,604 | -4.8% |
| Fixed assets | 21/28 | €766,961 | €733,178 | -€33,782 | -4.4% |
| Tangible fixed assets | 22/27 | €131,961 | €98,178 | -€33,782 | -25.6% |
| Land and buildings | 22 | €126,570 | €95,403 | -€31,168 | -24.6% |
| Furniture and vehicles | 24 | €5,390 | €2,776 | -€2,614 | -48.5% |
| Financial fixed assets | 28 | €635,000 | €635,000 | = | 0.0% |
| Current assets | 29/58 | €34,401 | €29,579 | -€4,822 | -14.0% |
| Amounts receivable within one year | 40/41 | €18,649 | €17,104 | -€1,545 | -8.3% |
| Trade receivables | 40 | €18,649 | €17,104 | -€1,545 | -8.3% |
| Cash at bank and in hand | 54/58 | €15,752 | €11,389 | -€4,363 | -27.7% |
| Deferred charges and accrued income | 490/1 | - | €1,086 | +€1,086 | |
| Total equity and liabilities | 10/49 | €801,362 | €762,758 | -€38,604 | -4.8% |
| Equity | 10/15 | €153,042 | €179,623 | +€26,581 | +17.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €14,633 | €14,633 | = | 0.0% |
| Non-distributable reserves | 130/1 | €333 | €333 | = | 0.0% |
| Reserves not available under the articles | 1311 | €333 | €333 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,300 | €14,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,409 | €102,990 | +€26,581 | +34.8% |
| Amounts payable | 17/49 | €648,319 | €583,135 | -€65,185 | -10.1% |
| Amounts payable after more than one year | 17 | €423,659 | €350,076 | -€73,583 | -17.4% |
| Financial debts | 170/4 | €423,659 | €350,076 | -€73,583 | -17.4% |
| Amounts payable within one year | 42/48 | €106,717 | €106,337 | -€379 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €71,552 | €73,618 | +€2,066 | +2.9% |
| Trade debts | 44 | €2,226 | €2,210 | -€16 | -0.7% |
| Suppliers | 440/4 | €2,226 | €2,210 | -€16 | -0.7% |
| Taxes, remuneration and social security | 45 | €32,939 | €30,509 | -€2,429 | -7.4% |
| Taxes | 450/3 | €32,939 | €30,509 | -€2,429 | -7.4% |
| Accrued charges and deferred income | 492/3 | €117,944 | €126,722 | +€8,778 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,399 | €33,782 | +€383 | +1.1% |
| Other operating charges | 640/8 | €1,349 | €1,591 | +€242 | +17.9% |
| Gross operating margin | 9900 | €95,525 | €82,669 | -€12,856 | -13.5% |
| Operating profit (loss) | 9901 | €60,776 | €47,296 | -€13,481 | -22.2% |
| Financial income | 75/76B | €0 | €2,353 | +€2,353 | +5,882,400% |
| Recurring financial income | 75 | €0 | €2,353 | +€2,353 | +5,882,400% |
| Financial charges | 65/66B | €12,306 | €10,063 | -€2,243 | -18.2% |
| Recurring financial charges | 65 | €12,306 | €10,063 | -€2,243 | -18.2% |
| Profit (loss) for the period before taxes | 9903 | €48,470 | €39,585 | -€8,885 | -18.3% |
| Income taxes | 67/77 | €15,403 | €13,005 | -€2,398 | -15.6% |
| Profit (loss) for the period | 9904 | €33,067 | €26,581 | -€6,487 | -19.6% |
| Profit (loss) for the period to be appropriated | 9905 | €33,067 | €26,581 | -€6,487 | -19.6% |
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 17 October 2026 via checked.be.