JESSON - MACDUFF: 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.
JESSON - MACDUFF
Largest movements
- Tangible fixed assets -€70,816
down €70,816 (-20.8%), from €340,302 to €269,486
of which Land and buildings: -€55,101
- Cash +€43,194
up €43,194 (+19.9%), from €217,282 to €260,476
mainly Depreciation (+€72,816) and Net result for the year (+€64,999)
- Other debts -€22,489
down €22,489 (-22.0%), from €102,380 to €79,891
- Debts after one year -€14,586
down €14,586 (-26.7%), from €54,575 to €39,989
- Reserves +€8,477
up €8,477 (+3.6%), from €238,054 to €246,531
of which Distributable reserves: +€10,000
- Tax, wage and social debts +€6,540
up €6,540 (+129.0%), from €5,069 to €11,609
of which Taxes: +€6,600
- Gross operating margin +€51,538
up €51,538 (+32.8%), from €156,903 to €208,441
- Taxes +€7,051
up €7,051 (+35.5%), from €19,870 to €26,921
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €560,205 | €534,283 | -€25,922 | -4.6% |
| Fixed assets | 21/28 | €341,616 | €270,800 | -€70,816 | -20.7% |
| Tangible fixed assets | 22/27 | €340,302 | €269,486 | -€70,816 | -20.8% |
| Land and buildings | 22 | €282,065 | €226,964 | -€55,101 | -19.5% |
| Plant, machinery and equipment | 23 | €48,336 | €34,810 | -€13,526 | -28.0% |
| Furniture and vehicles | 24 | €9,901 | €7,712 | -€2,189 | -22.1% |
| Financial fixed assets | 28 | €1,314 | €1,314 | = | 0.0% |
| Current assets | 29/58 | €218,589 | €263,483 | +€44,894 | +20.5% |
| Amounts receivable within one year | 40/41 | €1,307 | €3,007 | +€1,700 | +130.1% |
| Trade receivables | 40 | €1,307 | €3,007 | +€1,700 | +130.1% |
| Cash at bank and in hand | 54/58 | €217,282 | €260,476 | +€43,194 | +19.9% |
| Total equity and liabilities | 10/49 | €560,205 | €534,283 | -€25,922 | -4.6% |
| Equity | 10/15 | €356,092 | €363,291 | +€7,199 | +2.0% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €238,054 | €246,531 | +€8,477 | +3.6% |
| Tax-exempt reserves | 132 | €29,054 | €27,531 | -€1,523 | -5.2% |
| Distributable reserves | 133 | €209,000 | €219,000 | +€10,000 | +4.8% |
| Profit (loss) carried forward | 14 | €58,038 | €56,760 | -€1,278 | -2.2% |
| Provisions and deferred taxes | 16 | €14,960 | €14,177 | -€783 | -5.2% |
| Deferred taxes | 168 | €14,960 | €14,177 | -€783 | -5.2% |
| Amounts payable | 17/49 | €189,153 | €156,815 | -€32,338 | -17.1% |
| Amounts payable after more than one year | 17 | €54,575 | €39,989 | -€14,586 | -26.7% |
| Financial debts | 170/4 | €54,575 | €39,989 | -€14,586 | -26.7% |
| Amounts payable within one year | 42/48 | €134,578 | €116,826 | -€17,752 | -13.2% |
| Current portion of amounts payable after more than one year | 42 | €14,111 | €14,586 | +€475 | +3.4% |
| Financial debts | 43 | €6,782 | €6,789 | +€7 | +0.1% |
| Credit institutions | 430/8 | €6,782 | €6,789 | +€7 | +0.1% |
| Trade debts | 44 | €6,236 | €3,951 | -€2,285 | -36.6% |
| Suppliers | 440/4 | €6,236 | €3,951 | -€2,285 | -36.6% |
| Taxes, remuneration and social security | 45 | €5,069 | €11,609 | +€6,540 | +129.0% |
| Taxes | 450/3 | €4,725 | €11,325 | +€6,600 | +139.7% |
| Remuneration and social security | 454/9 | €344 | €284 | -€60 | -17.4% |
| Other amounts payable | 47/48 | €102,380 | €79,891 | -€22,489 | -22.0% |
| Remuneration, social security and pensions | 62 | €32,191 | €33,863 | +€1,672 | +5.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,457 | €72,816 | -€641 | -0.9% |
| Other operating charges | 640/8 | €6,915 | €7,186 | +€271 | +3.9% |
| Gross operating margin | 9900 | €156,903 | €208,441 | +€51,538 | +32.8% |
| Operating profit (loss) | 9901 | €44,340 | €94,576 | +€50,236 | +113.3% |
| Financial income | 75/76B | €474 | €1,071 | +€597 | +125.9% |
| Recurring financial income | 75 | €474 | €1,071 | +€597 | +125.9% |
| Financial charges | 65/66B | €4,819 | €4,511 | -€308 | -6.4% |
| Recurring financial charges | 65 | €4,819 | €4,511 | -€308 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €39,995 | €91,136 | +€51,141 | +127.9% |
| Transfer from deferred taxes | 780 | €784 | €784 | = | 0.0% |
| Income taxes | 67/77 | €19,870 | €26,921 | +€7,051 | +35.5% |
| Profit (loss) for the period | 9904 | €20,909 | €64,999 | +€44,090 | +210.9% |
| Transfer from tax-exempt reserves | 789 | €1,522 | €1,523 | +€1 | +0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,431 | €66,522 | +€44,091 | +196.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.