Xavier 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.
Xavier JACQUET
Largest movements
- Cash -€24,623
down €24,623 (-44.2%), from €55,671 to €31,048
mainly Contributions, distributions and other (-€79,929) and Other debts (-€24,193)
- Tangible fixed assets +€9,509
up €9,509 (+2,485%), from €383 to €9,891
of which Land and buildings: +€9,711
- Receivables within one year +€3,680
up €3,680 (+6.0%), from €61,695 to €65,375
of which Trade receivables: +€4,870
- Other debts -€24,193
down €24,193 (-26.2%), from €92,342 to €68,149
- Tax, wage and social debts +€6,469
up €6,469 (+31.9%), from €20,256 to €26,725
of which Taxes: +€3,261
- Trade debts +€6,376
up €6,376 (+1,201%), from €531 to €6,907
- Gross operating margin +€5,472
up €5,472 (+5.7%), from €95,170 to €100,642
- Financial income -€2,237
no longer reported in 2025 (was €2,237)
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 | €118,129 | €106,782 | -€11,347 | -9.6% |
| Fixed assets | 21/28 | €383 | €9,891 | +€9,509 | +2,485% |
| Tangible fixed assets | 22/27 | €383 | €9,891 | +€9,509 | +2,485% |
| Land and buildings | 22 | - | €9,711 | +€9,711 | |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €383 | €180 | -€203 | -53.0% |
| Current assets | 29/58 | €117,746 | €96,890 | -€20,856 | -17.7% |
| Amounts receivable within one year | 40/41 | €61,695 | €65,375 | +€3,680 | +6.0% |
| Trade receivables | 40 | €60,500 | €65,370 | +€4,870 | +8.0% |
| Other amounts receivable | 41 | €1,195 | €5 | -€1,190 | -99.6% |
| Cash at bank and in hand | 54/58 | €55,671 | €31,048 | -€24,623 | -44.2% |
| Deferred charges and accrued income | 490/1 | €380 | €467 | +€87 | +23.0% |
| Total equity and liabilities | 10/49 | €118,129 | €106,782 | -€11,347 | -9.6% |
| Equity | 10/15 | €5,000 | €5,000 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable | 17/49 | €113,129 | €101,782 | -€11,347 | -10.0% |
| Amounts payable within one year | 42/48 | €113,129 | €101,782 | -€11,347 | -10.0% |
| Trade debts | 44 | €531 | €6,907 | +€6,376 | +1,201% |
| Suppliers | 440/4 | €531 | €6,907 | +€6,376 | +1,201% |
| Taxes, remuneration and social security | 45 | €20,256 | €26,725 | +€6,469 | +31.9% |
| Taxes | 450/3 | €20,256 | €23,517 | +€3,261 | +16.1% |
| Remuneration and social security | 454/9 | - | €3,208 | +€3,208 | |
| Other amounts payable | 47/48 | €92,342 | €68,149 | -€24,193 | -26.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €250 | €206 | -€45 | -17.8% |
| Other operating charges | 640/8 | €660 | €425 | -€235 | -35.6% |
| Gross operating margin | 9900 | €95,170 | €100,642 | +€5,472 | +5.7% |
| Operating profit (loss) | 9901 | €94,260 | €100,012 | +€5,752 | +6.1% |
| Financial income | 75/76B | €2,237 | - | -€2,237 | |
| Recurring financial income | 75 | €2,237 | - | -€2,237 | |
| Financial charges | 65/66B | €162 | €38 | -€124 | -76.5% |
| Recurring financial charges | 65 | €162 | €38 | -€124 | -76.5% |
| Profit (loss) for the period before taxes | 9903 | €96,336 | €99,974 | +€3,638 | +3.8% |
| Income taxes | 67/77 | €19,481 | €20,045 | +€564 | +2.9% |
| Profit (loss) for the period | 9904 | €76,855 | €79,929 | +€3,074 | +4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €76,855 | €79,929 | +€3,074 | +4.0% |
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 18 October 2026 via checked.be.