JEAN LAFITTE: 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 LAFITTE
Largest movements
- Intangible fixed assets -€20,000
down €20,000 (-33.3%), from €60,000 to €40,000
- Cash +€19,583
up €19,583 (+14.7%), from €133,319 to €152,902
mainly Net result for the year (+€24,119) and Depreciation (+€20,239)
- Reserves +€24,119
up €24,119 (+3.8%), from €628,120 to €652,239
of which Distributable reserves: +€24,119
- Tax, wage and social debts -€22,227
down €22,227 (-83.6%), from €26,576 to €4,350
- Financial income -€243,068
down €243,068 (-86.8%), from €280,116 to €37,048
- Taxes -€21,770
down €21,770 (-90.0%), from €24,182 to €2,412
- Gross operating margin +€2,993
up €2,993 (+41.6%), from €7,189 to €10,182
- Other operating charges -€568
down €568 (-58.7%), from €968 to €400
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €901,095 | €903,419 | +€2,324 | +0.3% |
| Fixed assets | 21/28 | €764,754 | €744,515 | -€20,239 | -2.6% |
| Intangible fixed assets | 21 | €60,000 | €40,000 | -€20,000 | -33.3% |
| Tangible fixed assets | 22/27 | €478 | €239 | -€239 | -50.0% |
| Furniture and vehicles | 24 | €478 | €239 | -€239 | -50.0% |
| Financial fixed assets | 28 | €704,276 | €704,276 | = | 0.0% |
| Current assets | 29/58 | €136,341 | €158,904 | +€22,563 | +16.5% |
| Amounts receivable within one year | 40/41 | €0 | €4,028 | +€4,028 | |
| Trade receivables | 40 | €0 | €4,028 | +€4,028 | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €133,319 | €152,902 | +€19,583 | +14.7% |
| Deferred charges and accrued income | 490/1 | €3,022 | €1,974 | -€1,048 | -34.7% |
| Total equity and liabilities | 10/49 | €901,095 | €903,419 | +€2,324 | +0.3% |
| Equity | 10/15 | €870,483 | €894,602 | +€24,119 | +2.8% |
| Contributions | 10/11 | €63,000 | €63,000 | = | 0.0% |
| Capital | 10 | €63,000 | €63,000 | = | 0.0% |
| Issued capital | 100 | €63,000 | €63,000 | = | 0.0% |
| Reserves | 13 | €628,120 | €652,239 | +€24,119 | +3.8% |
| Non-distributable reserves | 130/1 | €6,300 | €6,300 | = | 0.0% |
| Legal reserve | 130 | €6,300 | €6,300 | = | 0.0% |
| Distributable reserves | 133 | €621,820 | €645,939 | +€24,119 | +3.9% |
| Profit (loss) carried forward | 14 | €179,363 | €179,363 | = | 0.0% |
| Amounts payable | 17/49 | €30,612 | €8,817 | -€21,796 | -71.2% |
| Amounts payable within one year | 42/48 | €30,612 | €8,817 | -€21,796 | -71.2% |
| Trade debts | 44 | €4,036 | €4,467 | +€431 | +10.7% |
| Suppliers | 440/4 | €4,036 | €4,467 | +€431 | +10.7% |
| Taxes, remuneration and social security | 45 | €26,576 | €4,350 | -€22,227 | -83.6% |
| Taxes | 450/3 | €26,576 | €4,350 | -€22,227 | -83.6% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,239 | €20,239 | -€0 | 0.0% |
| Other operating charges | 640/8 | €968 | €400 | -€568 | -58.7% |
| Gross operating margin | 9900 | €7,189 | €10,182 | +€2,993 | +41.6% |
| Operating profit (loss) | 9901 | -€14,018 | -€10,457 | +€3,561 | +25.4% |
| Financial income | 75/76B | €280,116 | €37,048 | -€243,068 | -86.8% |
| Recurring financial income | 75 | €280,116 | €37,048 | -€243,068 | -86.8% |
| Financial charges | 65/66B | €96 | €60 | -€36 | -37.8% |
| Recurring financial charges | 65 | €96 | €60 | -€36 | -37.8% |
| Profit (loss) for the period before taxes | 9903 | €266,002 | €26,531 | -€239,471 | -90.0% |
| Income taxes | 67/77 | €24,182 | €2,412 | -€21,770 | -90.0% |
| Profit (loss) for the period | 9904 | €241,820 | €24,119 | -€217,701 | -90.0% |
| Profit (loss) for the period to be appropriated | 9905 | €241,820 | €24,119 | -€217,701 | -90.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.