LAURENT JEANBAPTISTE: what changed
LAURENT JEANBAPTISTE
Largest movements
- Cash +€16,660
up €16,660 (+9.8%), from €169,885 to €186,545
mainly Net result for the year (+€47,220) and Other debts (+€45,264)
- Receivables within one year +€4,870
up €4,870 (+72.2%), from €6,748 to €11,618
- Tangible fixed assets -€2,958
down €2,958 (-25.9%), from €11,443 to €8,485
- Other debts +€45,264
up €45,264 (+173%), from €26,112 to €71,375
- Reserves -€24,324
down €24,324 (-17.2%), from €141,462 to €117,137
- Gross operating margin +€12,058
up €12,058 (+16.9%), from €71,358 to €83,416
- Write-downs +€3,103
new in 2025: €3,103
- Taxes +€2,926
up €2,926 (+14.4%), from €20,275 to €23,201
- Depreciation -€1,398
down €1,398 (-14.7%), from €9,513 to €8,115
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €190,382 | €208,743 | +€18,361 | +9.6% |
| Fixed assets | 21/28 | €11,443 | €8,485 | -€2,958 | -25.9% |
| Tangible fixed assets | 22/27 | €11,443 | €8,485 | -€2,958 | -25.9% |
| Furniture and vehicles | 24 | €11,443 | €8,485 | -€2,958 | -25.9% |
| Current assets | 29/58 | €178,938 | €200,258 | +€21,319 | +11.9% |
| Amounts receivable within one year | 40/41 | €6,748 | €11,618 | +€4,870 | +72.2% |
| Trade receivables | 40 | €6,748 | €11,618 | +€4,870 | +72.2% |
| Cash at bank and in hand | 54/58 | €169,885 | €186,545 | +€16,660 | +9.8% |
| Deferred charges and accrued income | 490/1 | €2,305 | €2,094 | -€211 | -9.1% |
| Total equity and liabilities | 10/49 | €190,382 | €208,743 | +€18,361 | +9.6% |
| Equity | 10/15 | €153,862 | €129,537 | -€24,324 | -15.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €141,462 | €117,137 | -€24,324 | -17.2% |
| Distributable reserves | 133 | €141,462 | €117,137 | -€24,324 | -17.2% |
| Amounts payable | 17/49 | €36,520 | €79,206 | +€42,686 | +117% |
| Amounts payable within one year | 42/48 | €36,520 | €79,206 | +€42,686 | +117% |
| Trade debts | 44 | €634 | €129 | -€504 | -79.6% |
| Suppliers | 440/4 | €634 | €129 | -€504 | -79.6% |
| Taxes, remuneration and social security | 45 | €9,775 | €7,701 | -€2,074 | -21.2% |
| Taxes | 450/3 | €9,775 | €7,701 | -€2,074 | -21.2% |
| Other amounts payable | 47/48 | €26,112 | €71,375 | +€45,264 | +173% |
| Non-recurring operating income | 76A | €145 | €1,426 | +€1,281 | +884% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,513 | €8,115 | -€1,398 | -14.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,103 | +€3,103 | |
| Other operating charges | 640/8 | €1,009 | €699 | -€310 | -30.7% |
| Non-recurring operating charges | 66A | - | €924 | +€924 | |
| Gross operating margin | 9900 | €71,358 | €83,416 | +€12,058 | +16.9% |
| Operating profit (loss) | 9901 | €60,836 | €70,575 | +€9,739 | +16.0% |
| Financial charges | 65/66B | €199 | €154 | -€45 | -22.5% |
| Recurring financial charges | 65 | €199 | €154 | -€45 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | €60,638 | €70,422 | +€9,784 | +16.1% |
| Income taxes | 67/77 | €20,275 | €23,201 | +€2,926 | +14.4% |
| Profit (loss) for the period | 9904 | €40,363 | €47,220 | +€6,857 | +17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €40,363 | €47,220 | +€6,857 | +17.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.