JEAN LEROY: what changed
JEAN LEROY
Largest movements
- Tangible fixed assets -€43,244
down €43,244 (-30.2%), from €143,165 to €99,920
of which Furniture and vehicles: -€28,495
- Stocks and contracts +€14,150
up €14,150 (+18.7%), from €75,502 to €89,652
of which Stocks: +€10,150
- Deferred charges and accrued income -€5,125
down €5,125 (-48.7%), from €10,533 to €5,407
- Cash -€5,107
down €5,107 (-64.7%), from €7,899 to €2,792
mainly Debts after one year (-€27,662) and Stocks and contracts (-€14,150)
- Receivables within one year +€4,816
up €4,816 (+18.5%), from €25,989 to €30,805
of which Trade receivables: +€2,618
- Debts after one year -€27,662
down €27,662 (-28.7%), from €96,269 to €68,607
- Tax, wage and social debts -€8,756
down €8,756 (-61.7%), from €14,182 to €5,426
of which Taxes: -€8,488
- Current portion of long-term debt -€8,120
down €8,120 (-16.8%), from €48,452 to €40,332
- Other debts +€5,627
up €5,627 (+28.4%), from €19,843 to €25,470
- Gross operating margin +€4,499
up €4,499 (+4.4%), from €102,175 to €106,674
- Depreciation +€3,052
up €3,052 (+7.1%), from €43,192 to €46,244
- Staff costs +€2,351
up €2,351 (+5.1%), from €46,041 to €48,392
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €263,088 | €228,577 | -€34,511 | -13.1% |
| Fixed assets | 21/28 | €143,165 | €99,920 | -€43,244 | -30.2% |
| Tangible fixed assets | 22/27 | €143,165 | €99,920 | -€43,244 | -30.2% |
| Land and buildings | 22 | €48,448 | €48,448 | = | 0.0% |
| Plant, machinery and equipment | 23 | €3,935 | - | -€3,935 | |
| Furniture and vehicles | 24 | €62,547 | €34,052 | -€28,495 | -45.6% |
| Leasing and similar rights | 25 | €28,234 | €17,420 | -€10,814 | -38.3% |
| Current assets | 29/58 | €119,923 | €128,656 | +€8,733 | +7.3% |
| Stocks and contracts in progress | 3 | €75,502 | €89,652 | +€14,150 | +18.7% |
| Stocks | 30/36 | €16,525 | €26,675 | +€10,150 | +61.4% |
| Contracts in progress | 37 | €58,977 | €62,977 | +€4,000 | +6.8% |
| Amounts receivable within one year | 40/41 | €25,989 | €30,805 | +€4,816 | +18.5% |
| Trade receivables | 40 | €18,231 | €20,849 | +€2,618 | +14.4% |
| Other amounts receivable | 41 | €7,758 | €9,956 | +€2,198 | +28.3% |
| Cash at bank and in hand | 54/58 | €7,899 | €2,792 | -€5,107 | -64.7% |
| Deferred charges and accrued income | 490/1 | €10,533 | €5,407 | -€5,125 | -48.7% |
| Total equity and liabilities | 10/49 | €263,088 | €228,577 | -€34,511 | -13.1% |
| Equity | 10/15 | €42,482 | €44,334 | +€1,853 | +4.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,422 | €36,274 | +€1,853 | +5.4% |
| Amounts payable | 17/49 | €220,606 | €184,243 | -€36,363 | -16.5% |
| Amounts payable after more than one year | 17 | €96,269 | €68,607 | -€27,662 | -28.7% |
| Financial debts | 170/4 | €96,269 | €68,607 | -€27,662 | -28.7% |
| Amounts payable within one year | 42/48 | €124,337 | €115,636 | -€8,701 | -7.0% |
| Current portion of amounts payable after more than one year | 42 | €48,452 | €40,332 | -€8,120 | -16.8% |
| Trade debts | 44 | €41,861 | €44,408 | +€2,548 | +6.1% |
| Suppliers | 440/4 | €41,861 | €44,408 | +€2,548 | +6.1% |
| Taxes, remuneration and social security | 45 | €14,182 | €5,426 | -€8,756 | -61.7% |
| Taxes | 450/3 | €10,947 | €2,459 | -€8,488 | -77.5% |
| Remuneration and social security | 454/9 | €3,235 | €2,966 | -€268 | -8.3% |
| Other amounts payable | 47/48 | €19,843 | €25,470 | +€5,627 | +28.4% |
| Remuneration, social security and pensions | 62 | €46,041 | €48,392 | +€2,351 | +5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,192 | €46,244 | +€3,052 | +7.1% |
| Other operating charges | 640/8 | €1,669 | €1,651 | -€17 | -1.0% |
| Gross operating margin | 9900 | €102,175 | €106,674 | +€4,499 | +4.4% |
| Operating profit (loss) | 9901 | €11,273 | €10,387 | -€887 | -7.9% |
| Financial income | 75/76B | €145 | €6 | -€139 | -95.7% |
| Recurring financial income | 75 | €145 | €6 | -€139 | -95.7% |
| Financial charges | 65/66B | €7,676 | €7,952 | +€276 | +3.6% |
| Recurring financial charges | 65 | €7,676 | €7,952 | +€276 | +3.6% |
| Profit (loss) for the period before taxes | 9903 | €3,743 | €2,441 | -€1,302 | -34.8% |
| Income taxes | 67/77 | €1,241 | €588 | -€652 | -52.6% |
| Profit (loss) for the period | 9904 | €2,502 | €1,853 | -€650 | -26.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,502 | €1,853 | -€650 | -26.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.