JONAS BENJAMIN MAES: 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.
JONAS BENJAMIN MAES
Largest movements
- Tangible fixed assets -€24,954
down €24,954 (-3.6%), from €688,012 to €663,058
of which Land and buildings: -€24,640
- Intangible fixed assets -€15,500
down €15,500 (-10.3%), from €150,853 to €135,352
- Debts after one year -€47,528
down €47,528 (-8.4%), from €567,400 to €519,872
- Other debts -€25,328
down €25,328 (-9.6%), from €263,435 to €238,107
- Profit (loss) carried forward +€23,195
up €23,195 (+65.5%), from -€35,421 to -€12,226
- Gross operating margin +€82,602
up €82,602 (+1,006%), from €8,210 to €90,812
- Depreciation +€29,949
up €29,949 (+285%), from €10,505 to €40,454
- Financial charges +€18,282
up €18,282 (+260%), from €7,028 to €25,311
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 | €858,679 | €814,702 | -€43,977 | -5.1% |
| Fixed assets | 21/28 | €838,864 | €798,410 | -€40,454 | -4.8% |
| Intangible fixed assets | 21 | €150,853 | €135,352 | -€15,500 | -10.3% |
| Tangible fixed assets | 22/27 | €688,012 | €663,058 | -€24,954 | -3.6% |
| Land and buildings | 22 | €686,544 | €661,904 | -€24,640 | -3.6% |
| Plant, machinery and equipment | 23 | €1,467 | €1,153 | -€314 | -21.4% |
| Current assets | 29/58 | €19,815 | €16,292 | -€3,523 | -17.8% |
| Stocks and contracts in progress | 3 | €1,600 | €1,600 | = | 0.0% |
| Stocks | 30/36 | €1,600 | €1,600 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €520 | €46 | -€474 | -91.2% |
| Trade receivables | 40 | €520 | €46 | -€474 | -91.2% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €17,695 | €13,860 | -€3,834 | -21.7% |
| Deferred charges and accrued income | 490/1 | €0 | €785 | +€785 | |
| Total equity and liabilities | 10/49 | €858,679 | €814,702 | -€43,977 | -5.1% |
| Equity | 10/15 | -€26,812 | -€3,617 | +€23,195 | +86.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €3,609 | €3,609 | = | 0.0% |
| Distributable reserves | 133 | €3,609 | €3,609 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,421 | -€12,226 | +€23,195 | +65.5% |
| Amounts payable | 17/49 | €885,491 | €818,319 | -€67,171 | -7.6% |
| Amounts payable after more than one year | 17 | €567,400 | €519,872 | -€47,528 | -8.4% |
| Financial debts | 170/4 | €567,400 | €519,872 | -€47,528 | -8.4% |
| Amounts payable within one year | 42/48 | €317,569 | €296,627 | -€20,942 | -6.6% |
| Current portion of amounts payable after more than one year | 42 | €45,665 | €47,528 | +€1,863 | +4.1% |
| Trade debts | 44 | €5,063 | €6,148 | +€1,085 | +21.4% |
| Suppliers | 440/4 | €5,063 | €6,148 | +€1,085 | +21.4% |
| Taxes, remuneration and social security | 45 | €3,406 | €4,845 | +€1,438 | +42.2% |
| Taxes | 450/3 | €3,406 | €4,845 | +€1,438 | +42.2% |
| Other amounts payable | 47/48 | €263,435 | €238,107 | -€25,328 | -9.6% |
| Accrued charges and deferred income | 492/3 | €521 | €1,820 | +€1,299 | +249% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,505 | €40,454 | +€29,949 | +285% |
| Other operating charges | 640/8 | €2,101 | €1,629 | -€472 | -22.5% |
| Non-recurring operating charges | 66A | €24,000 | €0 | -€24,000 | -100% |
| Gross operating margin | 9900 | €8,210 | €90,812 | +€82,602 | +1,006% |
| Operating profit (loss) | 9901 | -€28,396 | €48,729 | +€77,125 | |
| Financial charges | 65/66B | €7,028 | €25,311 | +€18,282 | +260% |
| Recurring financial charges | 65 | €7,028 | €25,311 | +€18,282 | +260% |
| Profit (loss) for the period before taxes | 9903 | -€35,424 | €23,419 | +€58,843 | |
| Income taxes | 67/77 | €0 | €224 | +€224 | |
| Profit (loss) for the period | 9904 | -€35,424 | €23,195 | +€58,619 | |
| Profit (loss) for the period to be appropriated | 9905 | -€35,424 | €23,195 | +€58,619 |
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 25 October 2026 via checked.be.