DA JOANNA EIJSSEN: 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.
DA JOANNA EIJSSEN
Largest movements
- Cash +€12,330
up €12,330 (+152%), from €8,111 to €20,441
mainly Net result for the year (+€13,918) and Depreciation (+€50)
- Tangible fixed assets +€775
new in 2025: €775
- Receivables within one year +€463
up €463 (+12.3%), from €3,777 to €4,240
- Reserves +€13,918
up €13,918 (+293%), from €4,756 to €18,674
- Tax, wage and social debts -€595
down €595 (-9.6%), from €6,182 to €5,588
of which Remuneration and social security: -€2,800
- Gross operating margin +€11,030
up €11,030 (+173%), from €6,392 to €17,422
- Taxes +€1,498
up €1,498 (+94.5%), from €1,585 to €3,083
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 | €13,161 | €26,466 | +€13,304 | +101% |
| Formation expenses | 20 | €1,273 | €1,009 | -€264 | -20.7% |
| Fixed assets | 21/28 | - | €775 | +€775 | |
| Tangible fixed assets | 22/27 | - | €775 | +€775 | |
| Plant, machinery and equipment | 23 | - | €775 | +€775 | |
| Current assets | 29/58 | €11,888 | €24,681 | +€12,793 | +108% |
| Amounts receivable within one year | 40/41 | €3,777 | €4,240 | +€463 | +12.3% |
| Trade receivables | 40 | €3,777 | €4,240 | +€463 | +12.3% |
| Cash at bank and in hand | 54/58 | €8,111 | €20,441 | +€12,330 | +152% |
| Total equity and liabilities | 10/49 | €13,161 | €26,466 | +€13,304 | +101% |
| Equity | 10/15 | €6,756 | €20,674 | +€13,918 | +206% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €4,756 | €18,674 | +€13,918 | +293% |
| Distributable reserves | 133 | €4,756 | €18,674 | +€13,918 | +293% |
| Amounts payable | 17/49 | €6,405 | €5,791 | -€614 | -9.6% |
| Amounts payable within one year | 42/48 | €6,405 | €5,791 | -€614 | -9.6% |
| Trade debts | 44 | €223 | €204 | -€19 | -8.5% |
| Suppliers | 440/4 | €223 | €204 | -€19 | -8.5% |
| Taxes, remuneration and social security | 45 | €6,182 | €5,588 | -€595 | -9.6% |
| Taxes | 450/3 | €1,982 | €4,188 | +€2,205 | +111% |
| Remuneration and social security | 454/9 | €4,200 | €1,400 | -€2,800 | -66.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €50 | +€50 | |
| Other operating charges | 640/8 | - | €62 | +€62 | |
| Non-recurring operating charges | 66A | €47 | €264 | +€217 | +463% |
| Gross operating margin | 9900 | €6,392 | €17,422 | +€11,030 | +173% |
| Operating profit (loss) | 9901 | €6,345 | €17,046 | +€10,701 | +169% |
| Financial charges | 65/66B | €3 | €45 | +€42 | +1,235% |
| Recurring financial charges | 65 | €3 | €45 | +€42 | +1,235% |
| Profit (loss) for the period before taxes | 9903 | €6,342 | €17,001 | +€10,659 | +168% |
| Income taxes | 67/77 | €1,585 | €3,083 | +€1,498 | +94.5% |
| Profit (loss) for the period | 9904 | €4,756 | €13,918 | +€9,162 | +193% |
| Profit (loss) for the period to be appropriated | 9905 | €4,756 | €13,918 | +€9,162 | +193% |
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 21 October 2026 via checked.be.