JEFF CLEAN: what changed
Two fiscal 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.
JEFF CLEAN
Largest movements
- Tangible fixed assets -€10,802
down €10,802 (-60.6%), from €17,829 to €7,027
of which Furniture and vehicles: -€7,486
- Receivables within one year -€8,479
down €8,479 (-75.4%), from €11,238 to €2,760
of which Trade receivables: -€10,028
- Intangible fixed assets -€6,333
down €6,333 (-11.2%), from €56,462 to €50,129
- Cash +€2,143
up €2,143 (+2244.9%), from €95 to €2,238
mainly Net result for the year (+€27,112) and Depreciation (+€10,545)
- Stocks and contracts -€2,031
down €2,031 (-79.9%), from €2,543 to €512
- Other debts -€30,759
down €30,759 (-34.2%), from €89,856 to €59,097
- Profit (loss) carried forward +€27,146
up €27,146, from -€9,225 to €17,920
- Trade debts -€19,377
down €19,377 (-92.3%), from €21,003 to €1,626
- Gross operating margin +€18,563
up €18,563 (+65.8%), from €28,222 to €46,784
- Staff costs -€15,797
down €15,797 (-80.5%), from €19,635 to €3,838
- Financial income -€4,462
down €4,462 (-100.0%), from €4,463 to €0
of which Non-recurring financial income: -€4,463
- Financial charges -€705
down €705 (-68.2%), from €1,034 to €329
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.
Cash bridge derived
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 | €103,221 | €79,493 | -€23,727 | -23.0% |
| Fixed assets | 21/28 | €88,351 | €72,856 | -€15,495 | -17.5% |
| Intangible fixed assets | 21 | €56,462 | €50,129 | -€6,333 | -11.2% |
| Tangible fixed assets | 22/27 | €17,829 | €7,027 | -€10,802 | -60.6% |
| Plant, machinery and equipment | 23 | €3,317 | €761 | -€2,556 | -77.1% |
| Furniture and vehicles | 24 | €8,994 | €1,508 | -€7,486 | -83.2% |
| Other tangible fixed assets | 26 | €5,518 | €4,759 | -€760 | -13.8% |
| Financial fixed assets | 28 | €14,060 | €15,700 | +€1,640 | +11.7% |
| Current assets | 29/58 | €14,869 | €6,637 | -€8,233 | -55.4% |
| Stocks and contracts in progress | 3 | €2,543 | €512 | -€2,031 | -79.9% |
| Stocks | 30/36 | €2,543 | €512 | -€2,031 | -79.9% |
| Amounts receivable within one year | 40/41 | €11,238 | €2,760 | -€8,479 | -75.4% |
| Trade receivables | 40 | €10,028 | - | -€10,028 | |
| Other amounts receivable | 41 | €1,210 | €2,760 | +€1,550 | +128.1% |
| Cash at bank and in hand | 54/58 | €95 | €2,238 | +€2,143 | +2244.9% |
| Deferred charges and accrued income | 490/1 | €992 | €1,127 | +€134 | +13.5% |
| Total equity and liabilities | 10/49 | €103,221 | €79,493 | -€23,727 | -23.0% |
| Equity | 10/15 | -€9,125 | €18,020 | +€27,146 | |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,225 | €17,920 | +€27,146 | |
| Amounts payable | 17/49 | €112,346 | €61,473 | -€50,873 | -45.3% |
| Amounts payable within one year | 42/48 | €112,346 | €61,473 | -€50,873 | -45.3% |
| Trade debts | 44 | €21,003 | €1,626 | -€19,377 | -92.3% |
| Suppliers | 440/4 | €21,003 | €1,626 | -€19,377 | -92.3% |
| Taxes, remuneration and social security | 45 | €1,487 | €750 | -€737 | -49.6% |
| Taxes | 450/3 | - | €471 | +€471 | |
| Remuneration and social security | 454/9 | €1,487 | €279 | -€1,208 | -81.3% |
| Other amounts payable | 47/48 | €89,856 | €59,097 | -€30,759 | -34.2% |
| Remuneration, social security and pensions | 62 | €19,635 | €3,838 | -€15,797 | -80.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,627 | €10,545 | -€82 | -0.8% |
| Other operating charges | 640/8 | €1,879 | €2,332 | +€453 | +24.1% |
| Non-recurring operating charges | 66A | - | €2,171 | +€2,171 | |
| Gross operating margin | 9900 | €28,222 | €46,784 | +€18,563 | +65.8% |
| Operating profit (loss) | 9901 | -€3,920 | €27,899 | +€31,818 | |
| Financial income | 75/76B | €4,463 | €0 | -€4,462 | -100.0% |
| Recurring financial income | 75 | €4,463 | €0 | -€4,462 | -100.0% |
| Non-recurring financial income | 76B | €4,463 | - | -€4,463 | |
| Financial charges | 65/66B | €1,034 | €329 | -€705 | -68.2% |
| Recurring financial charges | 65 | €1,034 | €329 | -€705 | -68.2% |
| Profit (loss) for the period before taxes | 9903 | -€491 | €27,570 | +€28,061 | |
| Income taxes | 67/77 | €2 | €459 | +€456 | +20460.5% |
| Profit (loss) for the period | 9904 | -€494 | €27,112 | +€27,605 | |
| Profit (loss) for the period to be appropriated | 9905 | -€494 | €27,112 | +€27,605 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.