St-JORIS: 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.
What changed
St-JORIS
NACE 96.101, Personal service activities
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€691,953
2024 · €934,884-€242,931
Equity
€12.4m
2024 · €11.7m+€684,081
Cash
€316,934
2024 · €20,989+€295,944
Balance sheet total
€20.9m
2024 · €18.3m+€2.5m
Largest movements
Assets
- Tangible fixed assets +€2.2m
up €2.2m (+19.3%), from €11.6m to €13.8m
of which Plant, machinery and equipment: +€3.1m
- Cash +€295,944
up €295,944 (+1410.0%), from €20,989 to €316,934
mainly Depreciation (+€4.1m) and Trade debts (+€1.6m)
Equity and liabilities
- Trade debts +€1.6m
up €1.6m (+63.8%), from €2.5m to €4.1m
- Profit (loss) carried forward +€696,183
up €696,183 (+31.6%), from €2.2m to €2.9m
Income statement
- Turnover +€1.1m
up €1.1m (+4.0%), from €27.9m to €29.0m
- Goods and materials +€893,956
up €893,956 (+16.4%), from €5.4m to €6.3m
of which Purchases: +€1.1m
- Depreciation +€663,915
up €663,915 (+19.6%), from €3.4m to €4.1m
- Services and other goods -€309,850
down €309,850 (-2.3%), from €13.6m to €13.3m
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.
Result 2024
€934,884
Turnover
+€1.1m
Other operating income
+€82,818
Goods and materials
-€893,956
Services and other goods
+€309,850
Staff costs
-€184,778
Depreciation
-€663,915
Other operating charges
-€20,237
Other operating items
-€372
Financial income
-€2,990
Financial charges
+€16,159
Taxes
+€34,593
Deferred taxes and other
-€38,582
Result 2025
€691,953
Cash bridge derived
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.
From operations
+€6.6m
Investment
-€6.3m
Financing
-€7,872
Cash 2024
€20,989
From operations (derived)
+€6.6m
Net result for the year
+€691,953
Depreciation
+€4.1m
Stocks and contracts
-€126,000
Receivables within one year
+€87,335
Deferred charges and accrued income
+€25,791
Provisions
-€1,410
Trade debts
+€1.6m
Tax, wage and social debts
+€202,688
Advances received
+€20,570
Other debts
+€60,714
Accrued charges and deferred income
-€17,147
Investment (derived)
-€6.3m
Investment in fixed assets (net)
-€6.3m
Financing
-€7,872
Contributions, distributions and other
-€7,872
Cash 2025
€316,934
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,339,982 | €20,877,340 | +€2.5m | +13.8% |
| Fixed assets | 21/28 | €12,072,433 | €14,300,972 | +€2.2m | +18.5% |
| Tangible fixed assets | 22/27 | €11,566,499 | €13,804,459 | +€2.2m | +19.3% |
| Land and buildings | 22 | €898,583 | €822,256 | -€76,327 | -8.5% |
| Plant, machinery and equipment | 23 | €9,239,495 | €12,327,015 | +€3.1m | +33.4% |
| Furniture and vehicles | 24 | €494,380 | €457,277 | -€37,103 | -7.5% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €192,707 | €197,910 | +€5,202 | +2.7% |
| Assets under construction and advance payments | 27 | €741,334 | €0 | -€741,334 | -100.0% |
| Financial fixed assets | 28 | €505,933 | €496,513 | -€9,420 | -1.9% |
| Other financial fixed assets | 284/8 | €505,933 | €496,513 | -€9,420 | -1.9% |
| Amounts receivable and cash guarantees | 285/8 | €505,933 | €496,513 | -€9,420 | -1.9% |
| Current assets | 29/58 | €6,267,549 | €6,576,367 | +€308,818 | +4.9% |
| Stocks and contracts in progress | 3 | €229,022 | €355,022 | +€126,000 | +55.0% |
| Stocks | 30/36 | €229,022 | €355,022 | +€126,000 | +55.0% |
| Raw materials and consumables | 30/31 | €31,920 | €40,283 | +€8,364 | +26.2% |
| Goods purchased for resale | 34 | €197,103 | €314,739 | +€117,636 | +59.7% |
| Amounts receivable within one year | 40/41 | €5,979,453 | €5,892,118 | -€87,335 | -1.5% |
| Trade receivables | 40 | €5,882,967 | €5,787,525 | -€95,442 | -1.6% |
| Other amounts receivable | 41 | €96,485 | €104,592 | +€8,107 | +8.4% |
| Cash at bank and in hand | 54/58 | €20,989 | €316,934 | +€295,944 | +1410.0% |
| Deferred charges and accrued income | 490/1 | €38,085 | €12,294 | -€25,791 | -67.7% |
| Total equity and liabilities | 10/49 | €18,339,982 | €20,877,340 | +€2.5m | +13.8% |
| Equity | 10/15 | €11,711,475 | €12,395,556 | +€684,081 | +5.8% |
| Contributions | 10/11 | €1,400,000 | €1,400,000 | = | 0.0% |
| Capital | 10 | €1,400,000 | €1,400,000 | = | 0.0% |
| Issued capital | 100 | €1,400,000 | €1,400,000 | = | 0.0% |
| Reserves | 13 | €8,065,218 | €8,060,988 | -€4,230 | -0.1% |
| Non-distributable reserves | 130/1 | €140,000 | €140,000 | = | 0.0% |
| Legal reserve | 130 | €140,000 | €140,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €662,218 | €657,988 | -€4,230 | -0.6% |
| Distributable reserves | 133 | €7,263,000 | €7,263,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,204,607 | €2,900,790 | +€696,183 | +31.6% |
| Investment grants | 15 | €41,651 | €33,778 | -€7,872 | -18.9% |
| Provisions and deferred taxes | 16 | €220,739 | €219,329 | -€1,410 | -0.6% |
| Deferred taxes | 168 | €220,739 | €219,329 | -€1,410 | -0.6% |
| Amounts payable | 17/49 | €6,407,768 | €8,262,454 | +€1.9m | +28.9% |
| Amounts payable within one year | 42/48 | €6,191,756 | €8,063,590 | +€1.9m | +30.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €2,489,443 | €4,077,305 | +€1.6m | +63.8% |
| Suppliers | 440/4 | €2,489,443 | €4,077,305 | +€1.6m | +63.8% |
| Advances received on contracts in progress | 46 | - | €20,570 | +€20,570 | |
| Taxes, remuneration and social security | 45 | €875,337 | €1,078,025 | +€202,688 | +23.2% |
| Taxes | 450/3 | €356,468 | €528,334 | +€171,866 | +48.2% |
| Remuneration and social security | 454/9 | €518,869 | €549,691 | +€30,822 | +5.9% |
| Other amounts payable | 47/48 | €2,826,977 | €2,887,690 | +€60,714 | +2.1% |
| Accrued charges and deferred income | 492/3 | €216,012 | €198,864 | -€17,147 | -7.9% |
| Operating income | 70/76A | €27,950,318 | €29,151,615 | +€1.2m | +4.3% |
| Turnover | 70 | €27,870,750 | €28,989,229 | +€1.1m | +4.0% |
| Other operating income | 74 | €79,568 | €162,386 | +€82,818 | +104.1% |
| Operating charges | 60/66A | €26,565,529 | €28,018,938 | +€1.5m | +5.5% |
| Goods for resale, raw materials and consumables | 60 | €5,435,378 | €6,329,334 | +€893,956 | +16.4% |
| Purchases | 600/8 | €5,400,058 | €6,455,334 | +€1.1m | +19.5% |
| Change in stocks: decrease (increase) | 609 | €35,321 | -€126,000 | -€161,321 | |
| Services and other goods | 61 | €13,568,062 | €13,258,212 | -€309,850 | -2.3% |
| Remuneration, social security and pensions | 62 | €4,100,786 | €4,285,563 | +€184,778 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,394,883 | €4,058,799 | +€663,915 | +19.6% |
| Other operating charges | 640/8 | €59,292 | €79,529 | +€20,237 | +34.1% |
| Non-recurring operating charges | 66A | €7,128 | €7,500 | +€372 | +5.2% |
| Operating profit (loss) | 9901 | €1,384,789 | €1,132,677 | -€252,112 | -18.2% |
| Financial income | 75/76B | €42,505 | €39,516 | -€2,990 | -7.0% |
| Recurring financial income | 75 | €42,505 | €39,516 | -€2,990 | -7.0% |
| Income from current assets | 751 | €828 | €620 | -€208 | -25.1% |
| Other financial income | 752/9 | €41,677 | €38,896 | -€2,782 | -6.7% |
| Financial charges | 65/66B | €220,914 | €204,754 | -€16,159 | -7.3% |
| Recurring financial charges | 65 | €220,914 | €204,754 | -€16,159 | -7.3% |
| Debt charges | 650 | €216,644 | €201,364 | -€15,280 | -7.1% |
| Other financial charges | 652/9 | €4,270 | €3,390 | -€880 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €1,206,380 | €967,438 | -€238,942 | -19.8% |
| Transfer from deferred taxes | 780 | €39,992 | €27,840 | -€12,152 | -30.4% |
| Transfer to deferred taxes | 680 | €0 | €26,430 | +€26,430 | |
| Income taxes | 67/77 | €311,488 | €276,896 | -€34,593 | -11.1% |
| Taxes | 670/3 | €311,488 | €276,896 | -€34,593 | -11.1% |
| Profit (loss) for the period | 9904 | €934,884 | €691,953 | -€242,931 | -26.0% |
| Transfer from tax-exempt reserves | 789 | €119,977 | €83,521 | -€36,456 | -30.4% |
| Transfer to tax-exempt reserves | 689 | €0 | €79,291 | +€79,291 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,054,861 | €696,183 | -€358,678 | -34.0% |
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 9 October 2026 via checked.be.