P. JEEGERS & C°: 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.
P. JEEGERS & C°
Largest movements
- Stocks and contracts +€1.1m
up €1.1m (+46.0%), from €2.4m to €3.5m
- Receivables within one year -€712,843
down €712,843 (-55.2%), from €1.3m to €578,303
- Cash -€263,557
down €263,557 (-30.8%), from €855,193 to €591,636
mainly Stocks and contracts (-€1.1m) and Contributions, distributions and other (-€390,745)
- Other debts +€87,627
up €87,627 (+8.4%), from €1.0m to €1.1m
- Reserves +€55,262
up €55,262 (+1.7%), from €3.3m to €3.4m
of which Non-distributable reserves: +€55,262
- Gross operating margin +€598,649
up €598,649 (+115%), from €522,080 to €1.1m
- Financial charges +€486,154
up €486,154 (+344%), from €141,197 to €627,351
- Financial income -€120,406
down €120,406 (-55.4%), from €217,315 to €96,909
- Taxes +€11,948
up €11,948 (+17.2%), from €69,469 to €81,416
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 | €4,521,397 | €4,641,212 | +€119,814 | +2.6% |
| Fixed assets | 21/28 | €4,649 | €2,581 | -€2,068 | -44.5% |
| Tangible fixed assets | 22/27 | €3,438 | €1,370 | -€2,068 | -60.1% |
| Plant, machinery and equipment | 23 | €2,691 | €1,031 | -€1,660 | -61.7% |
| Furniture and vehicles | 24 | €747 | €340 | -€407 | -54.5% |
| Financial fixed assets | 28 | €1,211 | €1,211 | = | 0.0% |
| Current assets | 29/58 | €4,516,749 | €4,638,631 | +€121,882 | +2.7% |
| Stocks and contracts in progress | 3 | €2,370,410 | €3,459,714 | +€1.1m | +46.0% |
| Stocks | 30/36 | €2,370,410 | €3,459,714 | +€1.1m | +46.0% |
| Amounts receivable within one year | 40/41 | €1,291,146 | €578,303 | -€712,843 | -55.2% |
| Trade receivables | 40 | €1,291,146 | €578,303 | -€712,843 | -55.2% |
| Cash at bank and in hand | 54/58 | €855,193 | €591,636 | -€263,557 | -30.8% |
| Deferred charges and accrued income | 490/1 | - | €8,979 | +€8,979 | |
| Total equity and liabilities | 10/49 | €4,521,397 | €4,641,212 | +€119,814 | +2.6% |
| Equity | 10/15 | €3,394,840 | €3,450,102 | +€55,262 | +1.6% |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Contributions outside capital | 11 | €49,579 | €49,579 | = | 0.0% |
| Other | 1109/19 | €49,579 | €49,579 | = | 0.0% |
| Reserves | 13 | €3,345,261 | €3,400,523 | +€55,262 | +1.7% |
| Non-distributable reserves | 130/1 | €2,240,592 | €2,295,854 | +€55,262 | +2.5% |
| Reserves not available under the articles | 1311 | €2,240,592 | €2,295,854 | +€55,262 | +2.5% |
| Distributable reserves | 133 | €1,104,669 | €1,104,669 | = | 0.0% |
| Amounts payable | 17/49 | €1,126,558 | €1,191,110 | +€64,552 | +5.7% |
| Amounts payable within one year | 42/48 | €1,126,558 | €1,191,110 | +€64,552 | +5.7% |
| Trade debts | 44 | €14,502 | €534 | -€13,968 | -96.3% |
| Suppliers | 440/4 | €14,502 | €534 | -€13,968 | -96.3% |
| Taxes, remuneration and social security | 45 | €63,737 | €54,630 | -€9,107 | -14.3% |
| Taxes | 450/3 | €56,568 | €47,204 | -€9,364 | -16.6% |
| Remuneration and social security | 454/9 | €7,169 | €7,425 | +€257 | +3.6% |
| Other amounts payable | 47/48 | €1,048,319 | €1,135,946 | +€87,627 | +8.4% |
| Remuneration, social security and pensions | 62 | €55,827 | €59,477 | +€3,650 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,920 | €2,068 | +€147 | +7.7% |
| Other operating charges | 640/8 | €1,286 | €1,318 | +€33 | +2.6% |
| Gross operating margin | 9900 | €522,080 | €1,120,729 | +€598,649 | +115% |
| Operating profit (loss) | 9901 | €463,047 | €1,057,866 | +€594,820 | +128% |
| Financial income | 75/76B | €217,315 | €96,909 | -€120,406 | -55.4% |
| Recurring financial income | 75 | €217,315 | €96,909 | -€120,406 | -55.4% |
| Financial charges | 65/66B | €141,197 | €627,351 | +€486,154 | +344% |
| Recurring financial charges | 65 | €141,197 | €627,351 | +€486,154 | +344% |
| Profit (loss) for the period before taxes | 9903 | €539,165 | €527,424 | -€11,741 | -2.2% |
| Income taxes | 67/77 | €69,469 | €81,416 | +€11,948 | +17.2% |
| Profit (loss) for the period | 9904 | €469,697 | €446,008 | -€23,689 | -5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €469,697 | €446,008 | -€23,689 | -5.0% |
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 17 October 2026 via checked.be.