Jean Richard: 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 Richard
Largest movements
- Cash +€49,078
up €49,078 (+16.3%), from €301,904 to €350,981
mainly Net result for the year (+€86,688) and Other debts (+€84,228)
- Receivables within one year +€40,801
up €40,801 (+32.0%), from €127,425 to €168,226
of which Trade receivables: +€22,944
- Tangible fixed assets -€28,554
down €28,554 (-57.5%), from €49,639 to €21,085
of which Furniture and vehicles: -€25,392
- Other debts +€84,228
up €84,228 (+1,459%), from €5,772 to €90,000
- Current portion of long-term debt -€17,151
down €17,151 (-80.4%), from €21,344 to €4,193
- Trade debts +€13,977
up €13,977 (+5.3%), from €264,818 to €278,795
- Gross operating margin +€32,848
up €32,848 (+5.6%), from €582,873 to €615,721
- Depreciation -€20,548
down €20,548 (-62.6%), from €32,830 to €12,282
- Taxes -€13,994
down €13,994 (-75.8%), from €18,458 to €4,463
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 | €484,258 | €550,519 | +€66,260 | +13.7% |
| Fixed assets | 21/28 | €49,639 | €21,085 | -€28,554 | -57.5% |
| Tangible fixed assets | 22/27 | €49,639 | €21,085 | -€28,554 | -57.5% |
| Plant, machinery and equipment | 23 | €13,427 | €10,265 | -€3,162 | -23.5% |
| Furniture and vehicles | 24 | €36,212 | €10,820 | -€25,392 | -70.1% |
| Current assets | 29/58 | €434,620 | €529,434 | +€94,814 | +21.8% |
| Amounts receivable within one year | 40/41 | €127,425 | €168,226 | +€40,801 | +32.0% |
| Trade receivables | 40 | €113,514 | €136,459 | +€22,944 | +20.2% |
| Other amounts receivable | 41 | €13,911 | €31,768 | +€17,857 | +128% |
| Cash at bank and in hand | 54/58 | €301,904 | €350,981 | +€49,078 | +16.3% |
| Deferred charges and accrued income | 490/1 | €5,291 | €10,226 | +€4,935 | +93.3% |
| Total equity and liabilities | 10/49 | €484,258 | €550,519 | +€66,260 | +13.7% |
| Equity | 10/15 | €20,556 | €17,244 | -€3,312 | -16.1% |
| Contributions | 10/11 | €925 | €925 | = | 0.0% |
| Reserves | 13 | €19,631 | €16,319 | -€3,312 | -16.9% |
| Distributable reserves | 133 | €19,631 | €16,319 | -€3,312 | -16.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €463,702 | €533,275 | +€69,572 | +15.0% |
| Amounts payable after more than one year | 17 | €4,193 | €0 | -€4,193 | -100% |
| Financial debts | 170/4 | €4,193 | €0 | -€4,193 | -100% |
| Amounts payable within one year | 42/48 | €373,982 | €452,591 | +€78,609 | +21.0% |
| Current portion of amounts payable after more than one year | 42 | €21,344 | €4,193 | -€17,151 | -80.4% |
| Trade debts | 44 | €264,818 | €278,795 | +€13,977 | +5.3% |
| Suppliers | 440/4 | €264,818 | €278,795 | +€13,977 | +5.3% |
| Taxes, remuneration and social security | 45 | €82,048 | €79,603 | -€2,445 | -3.0% |
| Taxes | 450/3 | €23,196 | €18,284 | -€4,912 | -21.2% |
| Remuneration and social security | 454/9 | €58,852 | €61,320 | +€2,467 | +4.2% |
| Other amounts payable | 47/48 | €5,772 | €90,000 | +€84,228 | +1,459% |
| Accrued charges and deferred income | 492/3 | €85,527 | €80,683 | -€4,844 | -5.7% |
| Non-recurring operating income | 76A | - | €12,932 | +€12,932 | |
| Remuneration, social security and pensions | 62 | €506,900 | €506,216 | -€683 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,830 | €12,282 | -€20,548 | -62.6% |
| Other operating charges | 640/8 | €13,645 | €9,084 | -€4,561 | -33.4% |
| Non-recurring operating charges | 66A | - | €2,153 | +€2,153 | |
| Gross operating margin | 9900 | €582,873 | €615,721 | +€32,848 | +5.6% |
| Operating profit (loss) | 9901 | €29,498 | €85,985 | +€56,488 | +191% |
| Financial income | 75/76B | €9,256 | €6,059 | -€3,197 | -34.5% |
| Recurring financial income | 75 | €9,256 | €6,059 | -€3,197 | -34.5% |
| Financial charges | 65/66B | €1,323 | €893 | -€430 | -32.5% |
| Recurring financial charges | 65 | €1,323 | €893 | -€430 | -32.5% |
| Profit (loss) for the period before taxes | 9903 | €37,431 | €91,151 | +€53,720 | +144% |
| Income taxes | 67/77 | €18,458 | €4,463 | -€13,994 | -75.8% |
| Profit (loss) for the period | 9904 | €18,973 | €86,688 | +€67,715 | +357% |
| Profit (loss) for the period to be appropriated | 9905 | €18,973 | €86,688 | +€67,715 | +357% |
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 30 October 2026 via checked.be.