JEAN FLEMAL: 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.
JEAN FLEMAL
Largest movements
- Tangible fixed assets -€4,451
down €4,451 (-15.2%), from €29,303 to €24,852
of which Furniture and vehicles: -€5,385
- Deferred charges and accrued income -€1,126
down €1,126 (-41.6%), from €2,703 to €1,577
- Debts after one year -€5,125
down €5,125 (-40.0%), from €12,804 to €7,678
- Trade debts -€2,065
down €2,065 (-50.7%), from €4,075 to €2,009
- Contributions +€1,860
up €1,860 (+15.0%), from €12,400 to €14,260
- Advances received -€1,790
no longer reported in 2025 (was €1,790)
- Taxes +€1,988
up €1,988 (+336.6%), from €591 to €2,579
- Gross operating margin +€1,166
up €1,166 (+6.8%), from €17,269 to €18,435
- Staff costs +€676
up €676 (+393.1%), from €172 to €848
- Depreciation +€670
up €670 (+7.7%), from €8,687 to €9,357
- Financial charges -€561
down €561 (-57.6%), from €974 to €413
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 | €94,055 | €87,833 | -€6,222 | -6.6% |
| Fixed assets | 21/28 | €29,303 | €24,852 | -€4,451 | -15.2% |
| Tangible fixed assets | 22/27 | €29,303 | €24,852 | -€4,451 | -15.2% |
| Plant, machinery and equipment | 23 | €1,183 | €2,287 | +€1,105 | +93.4% |
| Furniture and vehicles | 24 | €26,718 | €21,333 | -€5,385 | -20.2% |
| Other tangible fixed assets | 26 | €1,402 | €1,231 | -€171 | -12.2% |
| Current assets | 29/58 | €64,752 | €62,982 | -€1,771 | -2.7% |
| Stocks and contracts in progress | 3 | €900 | €900 | = | 0.0% |
| Stocks | 30/36 | €900 | €900 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €27,285 | €27,212 | -€73 | -0.3% |
| Trade receivables | 40 | €11,419 | €12,540 | +€1,121 | +9.8% |
| Other amounts receivable | 41 | €15,866 | €14,672 | -€1,194 | -7.5% |
| Cash at bank and in hand | 54/58 | €33,864 | €33,292 | -€572 | -1.7% |
| Deferred charges and accrued income | 490/1 | €2,703 | €1,577 | -€1,126 | -41.6% |
| Total equity and liabilities | 10/49 | €94,055 | €87,833 | -€6,222 | -6.6% |
| Equity | 10/15 | €68,895 | €71,420 | +€2,525 | +3.7% |
| Contributions | 10/11 | €12,400 | €14,260 | +€1,860 | +15.0% |
| Outside capital | 11 | €12,400 | €14,260 | +€1,860 | +15.0% |
| Other | 1109/19 | €12,400 | €14,260 | +€1,860 | +15.0% |
| Reserves | 13 | €55,460 | €56,000 | +€540 | +1.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €53,600 | €56,000 | +€2,400 | +4.5% |
| Profit (loss) carried forward | 14 | €1,035 | €1,160 | +€125 | +12.1% |
| Amounts payable | 17/49 | €25,160 | €16,413 | -€8,747 | -34.8% |
| Amounts payable after more than one year | 17 | €12,804 | €7,678 | -€5,125 | -40.0% |
| Financial debts | 170/4 | €12,804 | €7,678 | -€5,125 | -40.0% |
| Amounts payable within one year | 42/48 | €12,356 | €8,735 | -€3,622 | -29.3% |
| Current portion of amounts payable after more than one year | 42 | €5,292 | €5,125 | -€167 | -3.1% |
| Trade debts | 44 | €4,075 | €2,009 | -€2,065 | -50.7% |
| Suppliers | 440/4 | €4,075 | €2,009 | -€2,065 | -50.7% |
| Advances received on contracts in progress | 46 | €1,790 | - | -€1,790 | |
| Taxes, remuneration and social security | 45 | €1,200 | €1,600 | +€400 | +33.3% |
| Taxes | 450/3 | €1,200 | €1,600 | +€400 | +33.3% |
| Remuneration, social security and pensions | 62 | €172 | €848 | +€676 | +393.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,687 | €9,357 | +€670 | +7.7% |
| Other operating charges | 640/8 | €1,356 | €1,437 | +€81 | +6.0% |
| Gross operating margin | 9900 | €17,269 | €18,435 | +€1,166 | +6.8% |
| Operating profit (loss) | 9901 | €7,055 | €6,793 | -€262 | -3.7% |
| Financial income | 75/76B | €136 | €324 | +€188 | +138.2% |
| Recurring financial income | 75 | €136 | €324 | +€188 | +138.2% |
| Financial charges | 65/66B | €974 | €413 | -€561 | -57.6% |
| Recurring financial charges | 65 | €974 | €413 | -€561 | -57.6% |
| Profit (loss) for the period before taxes | 9903 | €6,217 | €6,704 | +€488 | +7.8% |
| Income taxes | 67/77 | €591 | €2,579 | +€1,988 | +336.6% |
| Profit (loss) for the period | 9904 | €5,626 | €4,125 | -€1,501 | -26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,626 | €4,125 | -€1,501 | -26.7% |
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 8 October 2026 via checked.be.