JPatrick Evrard Management: 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.
JPatrick Evrard Management
Largest movements
- Cash -€368,844
down €368,844 (-76.2%), from €483,854 to €115,010
mainly Other debts (-€258,800) and Contributions, distributions and other (-€222,000)
- Current investments +€65,000
new in 2025: €65,000
- Receivables within one year +€31,698
up €31,698 (+1,171%), from €2,708 to €34,405
- Tangible fixed assets -€9,110
down €9,110 (-17.8%), from €51,103 to €41,993
of which Furniture and vehicles: -€8,402
- Other debts -€258,800
down €258,800 (-53.5%), from €483,610 to €224,810
- Debts after one year -€13,414
down €13,414 (-59.3%), from €22,617 to €9,203
- Tax, wage and social debts -€8,933
down €8,933 (-55.0%), from €16,233 to €7,300
of which Taxes: -€8,933
- Gross operating margin +€173,791
up €173,791 (+138%), from €125,835 to €299,626
- Financial income -€112,003
down €112,003 (-91.2%), from €122,851 to €10,848
- Taxes +€43,584
up €43,584 (+175%), from €24,958 to €68,542
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 | €540,965 | €261,708 | -€279,257 | -51.6% |
| Fixed assets | 21/28 | €54,403 | €44,993 | -€9,410 | -17.3% |
| Tangible fixed assets | 22/27 | €51,103 | €41,993 | -€9,110 | -17.8% |
| Plant, machinery and equipment | 23 | €1,236 | €528 | -€708 | -57.3% |
| Furniture and vehicles | 24 | €49,867 | €41,465 | -€8,402 | -16.8% |
| Financial fixed assets | 28 | €3,300 | €3,000 | -€300 | -9.1% |
| Current assets | 29/58 | €486,562 | €216,715 | -€269,847 | -55.5% |
| Amounts receivable within one year | 40/41 | €2,708 | €34,405 | +€31,698 | +1,171% |
| Other amounts receivable | 41 | €2,708 | €34,405 | +€31,698 | +1,171% |
| Current investments | 50/53 | - | €65,000 | +€65,000 | |
| Cash at bank and in hand | 54/58 | €483,854 | €115,010 | -€368,844 | -76.2% |
| Deferred charges and accrued income | 490/1 | - | €2,300 | +€2,300 | |
| Total equity and liabilities | 10/49 | €540,965 | €261,708 | -€279,257 | -51.6% |
| Equity | 10/15 | €5,355 | €6,829 | +€1,474 | +27.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €355 | €1,829 | +€1,474 | +415% |
| Amounts payable | 17/49 | €535,609 | €254,879 | -€280,731 | -52.4% |
| Amounts payable after more than one year | 17 | €22,617 | €9,203 | -€13,414 | -59.3% |
| Financial debts | 170/4 | €22,617 | €9,203 | -€13,414 | -59.3% |
| Amounts payable within one year | 42/48 | €512,993 | €245,524 | -€267,469 | -52.1% |
| Current portion of amounts payable after more than one year | 42 | €12,960 | €13,414 | +€454 | +3.5% |
| Trade debts | 44 | €190 | - | -€190 | |
| Suppliers | 440/4 | €190 | - | -€190 | |
| Taxes, remuneration and social security | 45 | €16,233 | €7,300 | -€8,933 | -55.0% |
| Taxes | 450/3 | €13,733 | €4,800 | -€8,933 | -65.0% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €483,610 | €224,810 | -€258,800 | -53.5% |
| Accrued charges and deferred income | 492/3 | - | €152 | +€152 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,584 | €15,700 | +€1,116 | +7.7% |
| Other operating charges | 640/8 | €979 | €1,462 | +€483 | +49.4% |
| Gross operating margin | 9900 | €125,835 | €299,626 | +€173,791 | +138% |
| Operating profit (loss) | 9901 | €110,272 | €282,464 | +€172,192 | +156% |
| Financial income | 75/76B | €122,851 | €10,848 | -€112,003 | -91.2% |
| Recurring financial income | 75 | €122,851 | €10,848 | -€112,003 | -91.2% |
| Financial charges | 65/66B | €1,700 | €1,295 | -€404 | -23.8% |
| Recurring financial charges | 65 | €1,700 | €1,295 | -€404 | -23.8% |
| Profit (loss) for the period before taxes | 9903 | €231,424 | €292,016 | +€60,593 | +26.2% |
| Income taxes | 67/77 | €24,958 | €68,542 | +€43,584 | +175% |
| Profit (loss) for the period | 9904 | €206,466 | €223,474 | +€17,009 | +8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €206,466 | €223,474 | +€17,009 | +8.2% |
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 16 October 2026 via checked.be.