P. JEEGERS & C°: what changed
Two fiscal 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.
P. JEEGERS & C°
Largest movements
- Receivables within one year -€675,573
down €675,573 (-34.4%), from €2.0m to €1.3m
of which Trade receivables: -€675,563
- Stocks and contracts +€555,060
up €555,060 (+30.6%), from €1.8m to €2.4m
- Cash +€481,279
up €481,279 (+128.7%), from €373,914 to €855,193
mainly Receivables within one year (+€675,573) and Net result for the year (+€469,697)
- Other debts +€233,028
up €233,028 (+28.6%), from €815,291 to €1.0m
- Reserves +€113,878
up €113,878 (+3.5%), from €3.2m to €3.3m
of which Non-distributable reserves: +€113,878
- Financial charges -€229,365
down €229,365 (-61.9%), from €370,562 to €141,197
- Gross operating margin -€204,355
down €204,355 (-28.1%), from €726,435 to €522,080
- Financial income +€83,532
up €83,532 (+62.4%), from €133,783 to €217,315
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,169,146 | €4,521,397 | +€352,252 | +8.4% |
| Fixed assets | 21/28 | €3,919 | €4,649 | +€730 | +18.6% |
| Tangible fixed assets | 22/27 | €2,708 | €3,438 | +€730 | +26.9% |
| Plant, machinery and equipment | 23 | €1,554 | €2,691 | +€1,137 | +73.2% |
| Furniture and vehicles | 24 | €1,154 | €747 | -€407 | -35.3% |
| Financial fixed assets | 28 | €1,211 | €1,211 | = | 0.0% |
| Current assets | 29/58 | €4,165,227 | €4,516,749 | +€351,522 | +8.4% |
| Stocks and contracts in progress | 3 | €1,815,350 | €2,370,410 | +€555,060 | +30.6% |
| Stocks | 30/36 | €1,815,350 | €2,370,410 | +€555,060 | +30.6% |
| Amounts receivable within one year | 40/41 | €1,966,718 | €1,291,146 | -€675,573 | -34.4% |
| Trade receivables | 40 | €1,966,709 | €1,291,146 | -€675,563 | -34.3% |
| Other amounts receivable | 41 | €9 | - | -€9 | |
| Cash at bank and in hand | 54/58 | €373,914 | €855,193 | +€481,279 | +128.7% |
| Deferred charges and accrued income | 490/1 | €9,245 | - | -€9,245 | |
| Total equity and liabilities | 10/49 | €4,169,146 | €4,521,397 | +€352,252 | +8.4% |
| Equity | 10/15 | €3,280,962 | €3,394,840 | +€113,878 | +3.5% |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Outside capital | 11 | €49,579 | €49,579 | = | 0.0% |
| Other | 1109/19 | €49,579 | €49,579 | = | 0.0% |
| Reserves | 13 | €3,231,383 | €3,345,261 | +€113,878 | +3.5% |
| Non-distributable reserves | 130/1 | €2,126,713 | €2,240,592 | +€113,878 | +5.4% |
| Reserves not available under the articles | 1311 | €2,126,713 | €2,240,592 | +€113,878 | +5.4% |
| Distributable reserves | 133 | €1,104,669 | €1,104,669 | = | 0.0% |
| Amounts payable | 17/49 | €888,184 | €1,126,558 | +€238,373 | +26.8% |
| Amounts payable within one year | 42/48 | €888,011 | €1,126,558 | +€238,547 | +26.9% |
| Trade debts | 44 | €2,898 | €14,502 | +€11,604 | +400.5% |
| Suppliers | 440/4 | €2,898 | €14,502 | +€11,604 | +400.5% |
| Taxes, remuneration and social security | 45 | €69,822 | €63,737 | -€6,085 | -8.7% |
| Taxes | 450/3 | €62,758 | €56,568 | -€6,190 | -9.9% |
| Remuneration and social security | 454/9 | €7,064 | €7,169 | +€105 | +1.5% |
| Other amounts payable | 47/48 | €815,291 | €1,048,319 | +€233,028 | +28.6% |
| Accrued charges and deferred income | 492/3 | €173 | - | -€173 | |
| Remuneration, social security and pensions | 62 | €54,486 | €55,827 | +€1,342 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €845 | €1,920 | +€1,076 | +127.3% |
| Other operating charges | 640/8 | €1,269 | €1,286 | +€16 | +1.3% |
| Gross operating margin | 9900 | €726,435 | €522,080 | -€204,355 | -28.1% |
| Operating profit (loss) | 9901 | €669,835 | €463,047 | -€206,788 | -30.9% |
| Financial income | 75/76B | €133,783 | €217,315 | +€83,532 | +62.4% |
| Recurring financial income | 75 | €133,783 | €217,315 | +€83,532 | +62.4% |
| Financial charges | 65/66B | €370,562 | €141,197 | -€229,365 | -61.9% |
| Recurring financial charges | 65 | €370,562 | €141,197 | -€229,365 | -61.9% |
| Profit (loss) for the period before taxes | 9903 | €433,056 | €539,165 | +€106,110 | +24.5% |
| Income taxes | 67/77 | €62,989 | €69,469 | +€6,479 | +10.3% |
| Profit (loss) for the period | 9904 | €370,066 | €469,697 | +€99,630 | +26.9% |
| Profit (loss) for the period to be appropriated | 9905 | €370,066 | €469,697 | +€99,630 | +26.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.