LE JAMES: 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.
LE JAMES
Largest movements
- Receivables within one year -€33,512
down €33,512 (-63.6%), from €52,666 to €19,154
of which Trade receivables: -€35,134
- Cash -€7,882
down €7,882 (-92.1%), from €8,556 to €674
mainly Trade debts (-€36,284) and Net result for the year (-€3,833)
- Trade debts -€36,284
down €36,284 (-89.7%), from €40,461 to €4,177
- Profit (loss) carried forward -€3,833
down €3,833 (-53.7%), from -€7,138 to -€10,971
- Tax, wage and social debts -€3,506
no longer reported in 2025 (was €3,506)
- Short-term financial debts +€1,561
new in 2025: €1,561
- Purchases and services +€112,696
new in 2025: €112,696
- Turnover +€110,655
new in 2025: €110,655
- Gross operating margin -€108,579
down €108,579, from €106,537 to -€2,041
- Other operating charges -€99,243
down €99,243 (-99.3%), from €99,939 to €696
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 | €74,165 | €32,103 | -€42,062 | -56.7% |
| Fixed assets | 21/28 | €5,398 | €4,729 | -€669 | -12.4% |
| Tangible fixed assets | 22/27 | €1,337 | €669 | -€669 | -50.0% |
| Furniture and vehicles | 24 | €1,337 | €669 | -€669 | -50.0% |
| Financial fixed assets | 28 | €4,060 | €4,060 | = | 0.0% |
| Current assets | 29/58 | €68,768 | €27,374 | -€41,393 | -60.2% |
| Amounts receivable within one year | 40/41 | €52,666 | €19,154 | -€33,512 | -63.6% |
| Trade receivables | 40 | €42,692 | €7,558 | -€35,134 | -82.3% |
| Other amounts receivable | 41 | €9,974 | €11,596 | +€1,622 | +16.3% |
| Cash at bank and in hand | 54/58 | €8,556 | €674 | -€7,882 | -92.1% |
| Deferred charges and accrued income | 490/1 | €7,546 | €7,546 | = | 0.0% |
| Total equity and liabilities | 10/49 | €74,165 | €32,103 | -€42,062 | -56.7% |
| Equity | 10/15 | €30,198 | €26,365 | -€3,833 | -12.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €18,736 | €18,736 | = | 0.0% |
| Non-distributable reserves | 130/1 | €16,876 | €16,876 | = | 0.0% |
| Reserves not available under the articles | 1311 | €16,876 | €16,876 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,138 | -€10,971 | -€3,833 | -53.7% |
| Amounts payable | 17/49 | €43,967 | €5,738 | -€38,229 | -86.9% |
| Amounts payable within one year | 42/48 | €43,967 | €5,738 | -€38,229 | -86.9% |
| Financial debts | 43 | - | €1,561 | +€1,561 | |
| Credit institutions | 430/8 | - | €1,561 | +€1,561 | |
| Trade debts | 44 | €40,461 | €4,177 | -€36,284 | -89.7% |
| Suppliers | 440/4 | €40,461 | €4,177 | -€36,284 | -89.7% |
| Taxes, remuneration and social security | 45 | €3,506 | - | -€3,506 | |
| Taxes | 450/3 | €3,506 | - | -€3,506 | |
| Turnover | 70 | - | €110,655 | +€110,655 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €112,696 | +€112,696 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €669 | €669 | = | 0.0% |
| Other operating charges | 640/8 | €99,939 | €696 | -€99,243 | -99.3% |
| Gross operating margin | 9900 | €106,537 | -€2,041 | -€108,579 | |
| Operating profit (loss) | 9901 | €5,930 | -€3,406 | -€9,336 | |
| Financial charges | 65/66B | - | €427 | +€427 | |
| Recurring financial charges | 65 | - | €427 | +€427 | |
| Profit (loss) for the period before taxes | 9903 | €5,930 | -€3,833 | -€9,763 | |
| Profit (loss) for the period | 9904 | €5,930 | -€3,833 | -€9,763 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,930 | -€3,833 | -€9,763 |
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 15 October 2026 via checked.be.