JEAN - MARIE: 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 - MARIE
Largest movements
- Tangible fixed assets -€239,095
down €239,095 (-78.0%), from €306,354 to €67,259
of which Land and buildings: -€217,965
- Receivables within one year +€96,948
up €96,948 (+18.8%), from €514,923 to €611,871
of which Other amounts receivable: +€107,248
- Debts after one year -€401,815
down €401,815 (-89.8%), from €447,665 to €45,850
- Reserves +€365,277
up €365,277 (+41.9%), from €871,341 to €1.2m
of which Tax-exempt reserves: +€365,277
- Other debts -€183,846
down €183,846 (-87.3%), from €210,521 to €26,675
- Provisions +€121,759
new in 2025: €121,759
- Profit (loss) carried forward -€65,143
new in 2025: -€65,143
- Gross operating margin +€596,283
up €596,283 (+841%), from €70,887 to €667,171
- Financial income -€80,000
no longer reported in 2025 (was €80,000)
of which Non-recurring financial income: -€80,000
- Purchases and services +€57,346
new in 2025: €57,346
- Taxes -€30,533
down €30,533, from €29,245 to -€1,288
- Turnover -€25,230
down €25,230 (-61.6%), from €40,980 to €15,750
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 | €1,590,283 | €1,435,463 | -€154,820 | -9.7% |
| Fixed assets | 21/28 | €1,060,150 | €821,055 | -€239,095 | -22.6% |
| Tangible fixed assets | 22/27 | €306,354 | €67,259 | -€239,095 | -78.0% |
| Land and buildings | 22 | €217,965 | - | -€217,965 | |
| Furniture and vehicles | 24 | €88,390 | €67,259 | -€21,130 | -23.9% |
| Financial fixed assets | 28 | €753,795 | €753,795 | = | 0.0% |
| Current assets | 29/58 | €530,133 | €614,409 | +€84,275 | +15.9% |
| Amounts receivable within one year | 40/41 | €514,923 | €611,871 | +€96,948 | +18.8% |
| Trade receivables | 40 | €10,301 | - | -€10,301 | |
| Other amounts receivable | 41 | €504,623 | €611,871 | +€107,248 | +21.3% |
| Cash at bank and in hand | 54/58 | €15,210 | €2,538 | -€12,672 | -83.3% |
| Total equity and liabilities | 10/49 | €1,590,283 | €1,435,463 | -€154,820 | -9.7% |
| Equity | 10/15 | €889,941 | €1,190,074 | +€300,134 | +33.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €871,341 | €1,236,617 | +€365,277 | +41.9% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €365,277 | +€365,277 | |
| Distributable reserves | 133 | €869,482 | €869,482 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€65,143 | -€65,143 | |
| Provisions and deferred taxes | 16 | - | €121,759 | +€121,759 | |
| Deferred taxes | 168 | - | €121,759 | +€121,759 | |
| Amounts payable | 17/49 | €700,342 | €123,630 | -€576,712 | -82.3% |
| Amounts payable after more than one year | 17 | €447,665 | €45,850 | -€401,815 | -89.8% |
| Financial debts | 170/4 | €447,665 | €45,850 | -€401,815 | -89.8% |
| Amounts payable within one year | 42/48 | €252,678 | €56,631 | -€196,047 | -77.6% |
| Current portion of amounts payable after more than one year | 42 | €39,746 | €19,815 | -€19,931 | -50.1% |
| Trade debts | 44 | - | €9,166 | +€9,166 | |
| Suppliers | 440/4 | - | €9,166 | +€9,166 | |
| Taxes, remuneration and social security | 45 | €2,411 | €975 | -€1,436 | -59.6% |
| Taxes | 450/3 | €2,411 | €975 | -€1,436 | -59.6% |
| Other amounts payable | 47/48 | €210,521 | €26,675 | -€183,846 | -87.3% |
| Accrued charges and deferred income | 492/3 | - | €21,150 | +€21,150 | |
| Turnover | 70 | €40,980 | €15,750 | -€25,230 | -61.6% |
| Non-recurring operating income | 76A | - | €705,000 | +€705,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €57,346 | +€57,346 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,491 | €21,130 | -€5,361 | -20.2% |
| Other operating charges | 640/8 | €2,599 | €1,203 | -€1,396 | -53.7% |
| Non-recurring operating charges | 66A | - | €217,965 | +€217,965 | |
| Gross operating margin | 9900 | €70,887 | €667,171 | +€596,283 | +841% |
| Operating profit (loss) | 9901 | €41,797 | €426,873 | +€385,075 | +921% |
| Financial income | 75/76B | €80,000 | - | -€80,000 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Non-recurring financial income | 76B | €80,000 | - | -€80,000 | |
| Financial charges | 65/66B | €24,474 | €6,268 | -€18,206 | -74.4% |
| Recurring financial charges | 65 | €24,474 | €6,268 | -€18,206 | -74.4% |
| Profit (loss) for the period before taxes | 9903 | €97,323 | €420,605 | +€323,281 | +332% |
| Transfer to deferred taxes | 680 | - | €121,759 | +€121,759 | |
| Income taxes | 67/77 | €29,245 | -€1,288 | -€30,533 | |
| Profit (loss) for the period | 9904 | €68,078 | €300,134 | +€232,055 | +341% |
| Transfer to tax-exempt reserves | 689 | €80,000 | €365,277 | +€285,277 | +357% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,922 | -€65,143 | -€53,221 | -446% |
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 30 October 2026 via checked.be.