JG AVOCAT: 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.
JG AVOCAT
Largest movements
- Receivables within one year +€110,506
up €110,506 (+580%), from €19,051 to €129,558
of which Other amounts receivable: +€79,949
- Cash -€65,000
down €65,000 (-65.4%), from €99,313 to €34,313
mainly Contributions, distributions and other (-€140,000) and Receivables within one year (-€110,506)
- Tangible fixed assets -€4,045
down €4,045 (-44.6%), from €9,063 to €5,018
of which Furniture and vehicles: -€5,464
- Other debts +€116,894
up €116,894 (+506%), from €23,106 to €140,000
- Profit (loss) carried forward -€72,202
down €72,202 (-89.8%), from €80,435 to €8,234
- Trade debts -€4,078
down €4,078 (-47.7%), from €8,558 to €4,480
- Gross operating margin +€40,101
up €40,101 (+76.1%), from €52,722 to €92,824
- Taxes +€7,884
up €7,884 (+76.2%), from €10,351 to €18,235
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 | €129,220 | €170,788 | +€41,568 | +32.2% |
| Fixed assets | 21/28 | €9,063 | €5,018 | -€4,045 | -44.6% |
| Tangible fixed assets | 22/27 | €9,063 | €5,018 | -€4,045 | -44.6% |
| Land and buildings | 22 | €709 | €2,128 | +€1,419 | +200% |
| Furniture and vehicles | 24 | €8,354 | €2,891 | -€5,464 | -65.4% |
| Current assets | 29/58 | €120,157 | €165,769 | +€45,613 | +38.0% |
| Amounts receivable within one year | 40/41 | €19,051 | €129,558 | +€110,506 | +580% |
| Trade receivables | 40 | €15,902 | €46,460 | +€30,557 | +192% |
| Other amounts receivable | 41 | €3,149 | €83,098 | +€79,949 | +2,539% |
| Cash at bank and in hand | 54/58 | €99,313 | €34,313 | -€65,000 | -65.4% |
| Deferred charges and accrued income | 490/1 | €1,793 | €1,899 | +€106 | +5.9% |
| Total equity and liabilities | 10/49 | €129,220 | €170,788 | +€41,568 | +32.2% |
| Equity | 10/15 | €86,435 | €14,234 | -€72,202 | -83.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €80,435 | €8,234 | -€72,202 | -89.8% |
| Amounts payable | 17/49 | €42,784 | €156,554 | +€113,770 | +266% |
| Amounts payable within one year | 42/48 | €42,784 | €156,554 | +€113,770 | +266% |
| Trade debts | 44 | €8,558 | €4,480 | -€4,078 | -47.7% |
| Suppliers | 440/4 | €8,558 | €4,480 | -€4,078 | -47.7% |
| Taxes, remuneration and social security | 45 | €11,120 | €12,074 | +€954 | +8.6% |
| Taxes | 450/3 | €11,120 | €12,074 | +€954 | +8.6% |
| Other amounts payable | 47/48 | €23,106 | €140,000 | +€116,894 | +506% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,002 | €5,984 | -€18 | -0.3% |
| Other operating charges | 640/8 | €567 | €584 | +€17 | +3.0% |
| Gross operating margin | 9900 | €52,722 | €92,824 | +€40,101 | +76.1% |
| Operating profit (loss) | 9901 | €46,153 | €86,256 | +€40,102 | +86.9% |
| Financial income | 75/76B | €4 | €1 | -€3 | -78.9% |
| Recurring financial income | 75 | €4 | €1 | -€3 | -78.9% |
| Financial charges | 65/66B | €156 | €223 | +€67 | +42.7% |
| Recurring financial charges | 65 | €156 | €223 | +€67 | +42.7% |
| Profit (loss) for the period before taxes | 9903 | €46,001 | €86,033 | +€40,032 | +87.0% |
| Income taxes | 67/77 | €10,351 | €18,235 | +€7,884 | +76.2% |
| Profit (loss) for the period | 9904 | €35,650 | €67,798 | +€32,148 | +90.2% |
| Profit (loss) for the period to be appropriated | 9905 | €35,650 | €67,798 | +€32,148 | +90.2% |
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 24 October 2026 via checked.be.