JITSE LEEMANS: 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.
JITSE LEEMANS
Largest movements
- Cash +€24,281
up €24,281 (+85.9%), from €28,269 to €52,550
mainly Net result for the year (+€44,603) and Depreciation (+€20,935)
- Tangible fixed assets -€12,804
down €12,804 (-12.0%), from €106,515 to €93,711
of which Land and buildings: -€9,006
- Deferred charges and accrued income +€1,807
up €1,807 (+7.8%), from €23,183 to €24,989
- Other debts +€16,778
up €16,778 (+52.1%), from €32,188 to €48,966
- Debts after one year -€13,582
down €13,582 (-26.1%), from €52,104 to €38,523
- Tax, wage and social debts +€10,883
up €10,883 (+1,186%), from €918 to €11,801
- Gross operating margin +€20,482
up €20,482 (+34.6%), from €59,213 to €79,695
- Taxes +€3,875
up €3,875 (+52.2%), from €7,418 to €11,293
- Financial charges -€1,737
down €1,737 (-53.7%), from €3,235 to €1,497
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 | €157,967 | €171,250 | +€13,283 | +8.4% |
| Fixed assets | 21/28 | €106,515 | €93,711 | -€12,804 | -12.0% |
| Tangible fixed assets | 22/27 | €106,515 | €93,711 | -€12,804 | -12.0% |
| Land and buildings | 22 | €90,055 | €81,050 | -€9,006 | -10.0% |
| Plant, machinery and equipment | 23 | - | €3,552 | +€3,552 | |
| Furniture and vehicles | 24 | €16,460 | €9,109 | -€7,351 | -44.7% |
| Current assets | 29/58 | €51,452 | €77,539 | +€26,087 | +50.7% |
| Cash at bank and in hand | 54/58 | €28,269 | €52,550 | +€24,281 | +85.9% |
| Deferred charges and accrued income | 490/1 | €23,183 | €24,989 | +€1,807 | +7.8% |
| Total equity and liabilities | 10/49 | €157,967 | €171,250 | +€13,283 | +8.4% |
| Equity | 10/15 | €56,426 | €56,426 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €37,826 | €37,826 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €35,966 | €37,826 | +€1,860 | +5.2% |
| Amounts payable | 17/49 | €101,541 | €114,824 | +€13,283 | +13.1% |
| Amounts payable after more than one year | 17 | €52,104 | €38,523 | -€13,582 | -26.1% |
| Financial debts | 170/4 | €52,104 | €38,523 | -€13,582 | -26.1% |
| Amounts payable within one year | 42/48 | €47,509 | €75,886 | +€28,377 | +59.7% |
| Current portion of amounts payable after more than one year | 42 | €13,360 | €13,582 | +€222 | +1.7% |
| Trade debts | 44 | €1,043 | €1,537 | +€494 | +47.3% |
| Suppliers | 440/4 | €1,043 | €1,537 | +€494 | +47.3% |
| Taxes, remuneration and social security | 45 | €918 | €11,801 | +€10,883 | +1,186% |
| Taxes | 450/3 | €918 | €11,801 | +€10,883 | +1,186% |
| Other amounts payable | 47/48 | €32,188 | €48,966 | +€16,778 | +52.1% |
| Accrued charges and deferred income | 492/3 | €1,928 | €416 | -€1,512 | -78.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,167 | €20,935 | +€767 | +3.8% |
| Other operating charges | 640/8 | €1,450 | €1,367 | -€83 | -5.7% |
| Gross operating margin | 9900 | €59,213 | €79,695 | +€20,482 | +34.6% |
| Operating profit (loss) | 9901 | €37,595 | €57,393 | +€19,798 | +52.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €3,235 | €1,497 | -€1,737 | -53.7% |
| Recurring financial charges | 65 | €3,235 | €1,497 | -€1,737 | -53.7% |
| Profit (loss) for the period before taxes | 9903 | €34,360 | €55,896 | +€21,535 | +62.7% |
| Income taxes | 67/77 | €7,418 | €11,293 | +€3,875 | +52.2% |
| Profit (loss) for the period | 9904 | €26,943 | €44,603 | +€17,660 | +65.5% |
| Profit (loss) for the period to be appropriated | 9905 | €26,943 | €44,603 | +€17,660 | +65.5% |
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 20 October 2026 via checked.be.