Jeanne: what changed
Jeanne
Largest movements
- Tangible fixed assets +€24,698
up €24,698 (+6.3%), from €393,746 to €418,444
of which Furniture and vehicles: +€51,848
- Cash -€6,113
down €6,113 (-3.3%), from €185,729 to €179,616
mainly Investment in fixed assets (net) (-€93,541) and Other debts (-€50,274)
- Other debts -€50,274
down €50,274 (-88.2%), from €57,014 to €6,740
- Reserves +€45,131
up €45,131 (+40.1%), from €112,456 to €157,587
- Debts after one year +€26,108
up €26,108 (+11.4%), from €229,995 to €256,103
of which Financial debts: +€26,108
- Tax, wage and social debts -€20,388
down €20,388 (-60.7%), from €33,615 to €13,227
- Current portion of long-term debt +€12,222
up €12,222 (+97.2%), from €12,580 to €24,802
- Gross operating margin -€19,694
down €19,694 (-9.8%), from €200,333 to €180,639
- Depreciation +€12,414
up €12,414 (+22.0%), from €56,429 to €68,843
- Staff costs -€8,497
down €8,497 (-19.0%), from €44,801 to €36,304
- Taxes -€3,566
down €3,566 (-14.4%), from €24,722 to €21,156
- Other operating charges +€2,610
up €2,610 (+67.8%), from €3,850 to €6,460
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 | €582,636 | €602,997 | +€20,361 | +3.5% |
| Fixed assets | 21/28 | €395,036 | €419,734 | +€24,698 | +6.3% |
| Tangible fixed assets | 22/27 | €393,746 | €418,444 | +€24,698 | +6.3% |
| Land and buildings | 22 | €247,233 | €258,289 | +€11,056 | +4.5% |
| Plant, machinery and equipment | 23 | €72,668 | €64,915 | -€7,753 | -10.7% |
| Furniture and vehicles | 24 | €6,550 | €58,398 | +€51,848 | +792% |
| Other tangible fixed assets | 26 | €67,295 | €36,842 | -€30,453 | -45.3% |
| Financial fixed assets | 28 | €1,290 | €1,290 | = | 0.0% |
| Current assets | 29/58 | €187,600 | €183,263 | -€4,337 | -2.3% |
| Amounts receivable within one year | 40/41 | €1,402 | €2,329 | +€927 | +66.1% |
| Trade receivables | 40 | €1,402 | €2,329 | +€927 | +66.1% |
| Cash at bank and in hand | 54/58 | €185,729 | €179,616 | -€6,113 | -3.3% |
| Deferred charges and accrued income | 490/1 | €469 | €1,318 | +€849 | +181% |
| Total equity and liabilities | 10/49 | €582,636 | €602,997 | +€20,361 | +3.5% |
| Equity | 10/15 | €239,708 | €284,839 | +€45,131 | +18.8% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €112,456 | €157,587 | +€45,131 | +40.1% |
| Distributable reserves | 133 | €112,456 | €157,587 | +€45,131 | +40.1% |
| Profit (loss) carried forward | 14 | €77,252 | €77,252 | = | 0.0% |
| Amounts payable | 17/49 | €342,928 | €318,158 | -€24,770 | -7.2% |
| Amounts payable after more than one year | 17 | €229,995 | €256,103 | +€26,108 | +11.4% |
| Financial debts | 170/4 | €154,995 | €181,103 | +€26,108 | +16.8% |
| Other amounts payable | 178/9 | €75,000 | €75,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €112,933 | €62,055 | -€50,878 | -45.1% |
| Current portion of amounts payable after more than one year | 42 | €12,580 | €24,802 | +€12,222 | +97.2% |
| Trade debts | 44 | €6,493 | €14,055 | +€7,562 | +116% |
| Suppliers | 440/4 | €6,493 | €14,055 | +€7,562 | +116% |
| Advances received on contracts in progress | 46 | €3,231 | €3,231 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €33,615 | €13,227 | -€20,388 | -60.7% |
| Remuneration and social security | 454/9 | €33,615 | €13,227 | -€20,388 | -60.7% |
| Other amounts payable | 47/48 | €57,014 | €6,740 | -€50,274 | -88.2% |
| Remuneration, social security and pensions | 62 | €44,801 | €36,304 | -€8,497 | -19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,429 | €68,843 | +€12,414 | +22.0% |
| Other operating charges | 640/8 | €3,850 | €6,460 | +€2,610 | +67.8% |
| Gross operating margin | 9900 | €200,333 | €180,639 | -€19,694 | -9.8% |
| Operating profit (loss) | 9901 | €95,253 | €69,032 | -€26,221 | -27.5% |
| Financial income | 75/76B | €421 | €1,036 | +€615 | +146% |
| Recurring financial income | 75 | €421 | €1,036 | +€615 | +146% |
| Financial charges | 65/66B | €3,845 | €3,782 | -€63 | -1.6% |
| Recurring financial charges | 65 | €3,845 | €3,782 | -€63 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €91,829 | €66,286 | -€25,543 | -27.8% |
| Income taxes | 67/77 | €24,722 | €21,156 | -€3,566 | -14.4% |
| Profit (loss) for the period | 9904 | €67,107 | €45,130 | -€21,977 | -32.7% |
| Profit (loss) for the period to be appropriated | 9905 | €67,107 | €45,130 | -€21,977 | -32.7% |
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 2 November 2026 via checked.be.