Léon JACQUET: 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.
Léon JACQUET
Largest movements
- Cash +€190,245
up €190,245 (+143%), from €132,920 to €323,165
mainly Net result for the year (+€90,003) and Receivables within one year (+€81,283)
- Receivables within one year -€81,283
down €81,283 (-62.5%), from €130,032 to €48,749
of which Trade receivables: -€82,133
- Stocks and contracts +€43,150
up €43,150 (+744%), from €5,800 to €48,950
- Tangible fixed assets -€14,994
down €14,994 (-33.3%), from €45,039 to €30,045
of which Leasing and similar rights: -€9,669
- Trade debts +€72,607
up €72,607 (+239%), from €30,422 to €103,028
- Other debts +€71,236
up €71,236 (+102%), from €70,077 to €141,313
- Debts after one year -€9,853
down €9,853 (-49.0%), from €20,105 to €10,252
- Gross operating margin +€89,485
up €89,485 (+88.7%), from €100,875 to €190,359
- Taxes +€19,669
up €19,669 (+155%), from €12,658 to €32,326
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 | €316,883 | €454,435 | +€137,552 | +43.4% |
| Fixed assets | 21/28 | €45,039 | €30,045 | -€14,994 | -33.3% |
| Tangible fixed assets | 22/27 | €45,039 | €30,045 | -€14,994 | -33.3% |
| Land and buildings | 22 | €797 | €232 | -€565 | -70.9% |
| Plant, machinery and equipment | 23 | €1,598 | €756 | -€842 | -52.7% |
| Furniture and vehicles | 24 | €13,636 | €5,718 | -€7,918 | -58.1% |
| Leasing and similar rights | 25 | €29,008 | €19,339 | -€9,669 | -33.3% |
| Assets under construction and advance payments | 27 | - | €4,000 | +€4,000 | |
| Current assets | 29/58 | €271,844 | €424,390 | +€152,546 | +56.1% |
| Stocks and contracts in progress | 3 | €5,800 | €48,950 | +€43,150 | +744% |
| Stocks | 30/36 | €5,800 | €48,950 | +€43,150 | +744% |
| Amounts receivable within one year | 40/41 | €130,032 | €48,749 | -€81,283 | -62.5% |
| Trade receivables | 40 | €128,941 | €46,809 | -€82,133 | -63.7% |
| Other amounts receivable | 41 | €1,091 | €1,940 | +€850 | +77.9% |
| Cash at bank and in hand | 54/58 | €132,920 | €323,165 | +€190,245 | +143% |
| Deferred charges and accrued income | 490/1 | €3,092 | €3,526 | +€434 | +14.0% |
| Total equity and liabilities | 10/49 | €316,883 | €454,435 | +€137,552 | +43.4% |
| Equity | 10/15 | €179,600 | €179,600 | = | 0.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €129,600 | €129,600 | = | 0.0% |
| Distributable reserves | 133 | €129,600 | €129,600 | = | 0.0% |
| Amounts payable | 17/49 | €137,283 | €274,835 | +€137,552 | +100% |
| Amounts payable after more than one year | 17 | €20,105 | €10,252 | -€9,853 | -49.0% |
| Financial debts | 170/4 | €20,105 | €10,252 | -€9,853 | -49.0% |
| Amounts payable within one year | 42/48 | €117,130 | €264,583 | +€147,453 | +126% |
| Current portion of amounts payable after more than one year | 42 | €9,470 | €9,853 | +€383 | +4.0% |
| Trade debts | 44 | €30,422 | €103,028 | +€72,607 | +239% |
| Suppliers | 440/4 | €30,422 | €103,028 | +€72,607 | +239% |
| Taxes, remuneration and social security | 45 | €7,161 | €10,388 | +€3,228 | +45.1% |
| Taxes | 450/3 | €143 | €2,326 | +€2,184 | +1,529% |
| Remuneration and social security | 454/9 | €7,018 | €8,062 | +€1,044 | +14.9% |
| Other amounts payable | 47/48 | €70,077 | €141,313 | +€71,236 | +102% |
| Accrued charges and deferred income | 492/3 | €48 | - | -€48 | |
| Remuneration, social security and pensions | 62 | €45,197 | €46,068 | +€871 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,024 | €18,994 | -€30 | -0.2% |
| Other operating charges | 640/8 | €2,472 | €1,750 | -€722 | -29.2% |
| Gross operating margin | 9900 | €100,875 | €190,359 | +€89,485 | +88.7% |
| Operating profit (loss) | 9901 | €34,181 | €123,547 | +€89,366 | +261% |
| Financial income | 75/76B | €31 | €8 | -€23 | -73.9% |
| Recurring financial income | 75 | €31 | €8 | -€23 | -73.9% |
| Financial charges | 65/66B | €1,613 | €1,226 | -€386 | -23.9% |
| Recurring financial charges | 65 | €1,613 | €1,226 | -€386 | -23.9% |
| Profit (loss) for the period before taxes | 9903 | €32,600 | €122,329 | +€89,729 | +275% |
| Income taxes | 67/77 | €12,658 | €32,326 | +€19,669 | +155% |
| Profit (loss) for the period | 9904 | €19,942 | €90,003 | +€70,060 | +351% |
| Profit (loss) for the period to be appropriated | 9905 | €19,942 | €90,003 | +€70,060 | +351% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.