STEPHANE JANS AVOCAT: 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.
STEPHANE JANS AVOCAT
Largest movements
- Receivables within one year -€10,610
down €10,610 (-12.9%), from €82,284 to €71,673
of which Trade receivables: -€16,703
- Cash -€5,862
down €5,862 (-8.5%), from €68,943 to €63,081
mainly Other debts (-€35,537) and Tax, wage and social debts (-€3,831)
- Intangible fixed assets -€5,000
down €5,000 (-15.6%), from €32,068 to €27,068
- Other debts -€35,537
down €35,537 (-36.6%), from €97,138 to €61,601
- Profit (loss) carried forward +€18,311
up €18,311 (+22.2%), from €82,384 to €100,695
- Tax, wage and social debts -€3,831
down €3,831 (-68.8%), from €5,565 to €1,734
of which Taxes: -€3,831
- Purchases and services -€12,786
down €12,786 (-12.0%), from €106,971 to €94,185
- Depreciation -€5,745
down €5,745 (-48.6%), from €11,825 to €6,081
- Taxes +€2,009
up €2,009 (+41.9%), from €4,801 to €6,810
- Gross operating margin +€483
up €483 (+1.6%), from €31,077 to €31,560
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 | €186,492 | €165,030 | -€21,462 | -11.5% |
| Fixed assets | 21/28 | €34,724 | €30,276 | -€4,449 | -12.8% |
| Intangible fixed assets | 21 | €32,068 | €27,068 | -€5,000 | -15.6% |
| Tangible fixed assets | 22/27 | €2,656 | €3,207 | +€551 | +20.8% |
| Plant, machinery and equipment | 23 | €1,935 | €1,657 | -€279 | -14.4% |
| Furniture and vehicles | 24 | €720 | €1,551 | +€830 | +115% |
| Current assets | 29/58 | €151,768 | €134,755 | -€17,013 | -11.2% |
| Amounts receivable within one year | 40/41 | €82,284 | €71,673 | -€10,610 | -12.9% |
| Trade receivables | 40 | €78,018 | €61,315 | -€16,703 | -21.4% |
| Other amounts receivable | 41 | €4,266 | €10,358 | +€6,092 | +143% |
| Cash at bank and in hand | 54/58 | €68,943 | €63,081 | -€5,862 | -8.5% |
| Deferred charges and accrued income | 490/1 | €541 | - | -€541 | |
| Total equity and liabilities | 10/49 | €186,492 | €165,030 | -€21,462 | -11.5% |
| Equity | 10/15 | €83,384 | €101,695 | +€18,311 | +22.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,384 | €100,695 | +€18,311 | +22.2% |
| Amounts payable | 17/49 | €103,108 | €63,335 | -€39,773 | -38.6% |
| Amounts payable within one year | 42/48 | €103,108 | €63,335 | -€39,773 | -38.6% |
| Current portion of amounts payable after more than one year | 42 | €405 | - | -€405 | |
| Trade debts | 44 | €0 | €0 | = | |
| Suppliers | 440/4 | €0 | €0 | = | |
| Taxes, remuneration and social security | 45 | €5,565 | €1,734 | -€3,831 | -68.8% |
| Taxes | 450/3 | €5,565 | €1,734 | -€3,831 | -68.8% |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Other amounts payable | 47/48 | €97,138 | €61,601 | -€35,537 | -36.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €106,971 | €94,185 | -€12,786 | -12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,825 | €6,081 | -€5,745 | -48.6% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €31,077 | €31,560 | +€483 | +1.6% |
| Operating profit (loss) | 9901 | €18,865 | €25,080 | +€6,215 | +32.9% |
| Financial income | 75/76B | €95 | €252 | +€157 | +166% |
| Recurring financial income | 75 | €95 | €252 | +€157 | +166% |
| Financial charges | 65/66B | €165 | €210 | +€45 | +27.4% |
| Recurring financial charges | 65 | €165 | €210 | +€45 | +27.4% |
| Profit (loss) for the period before taxes | 9903 | €18,795 | €25,121 | +€6,327 | +33.7% |
| Income taxes | 67/77 | €4,801 | €6,810 | +€2,009 | +41.9% |
| Profit (loss) for the period | 9904 | €13,994 | €18,311 | +€4,317 | +30.9% |
| Profit (loss) for the period to be appropriated | 9905 | €13,994 | €18,311 | +€4,317 | +30.9% |
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 23 October 2026 via checked.be.