DE JAEGER ANNICK: 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.
DE JAEGER ANNICK
Largest movements
- Tangible fixed assets +€52,299
up €52,299 (+3629.4%), from €1,441 to €53,740
of which Furniture and vehicles: +€48,461
- Cash -€20,052
down €20,052 (-43.2%), from €46,454 to €26,402
mainly Investment in fixed assets (net) (-€56,625) and Contributions, distributions and other (-€13,812)
- Receivables within one year -€19,019
down €19,019 (-39.0%), from €48,712 to €29,693
of which Other amounts receivable: -€20,115
- Debts after one year +€19,665
new in 2025: €19,665
- Current portion of long-term debt +€8,307
up €8,307 (+1038.4%), from €800 to €9,107
- Reserves -€6,426
down €6,426 (-12.5%), from €51,463 to €45,037
- Other debts -€5,000
down €5,000 (-50.0%), from €10,000 to €5,000
- Tax, wage and social debts -€2,197
down €2,197 (-64.5%), from €3,408 to €1,211
- Gross operating margin -€10,238
down €10,238 (-35.3%), from €29,008 to €18,770
- Depreciation +€4,188
up €4,188 (+3035.8%), from €138 to €4,326
- Taxes -€2,319
down €2,319 (-52.4%), from €4,425 to €2,106
- Other operating charges +€1,809
up €1,809 (+73.3%), from €2,469 to €4,278
- Financial charges +€380
up €380 (+128.9%), from €295 to €674
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €98,022 | €111,809 | +€13,787 | +14.1% |
| Fixed assets | 21/28 | €1,441 | €53,740 | +€52,299 | +3629.4% |
| Tangible fixed assets | 22/27 | €1,441 | €53,740 | +€52,299 | +3629.4% |
| Land and buildings | 22 | - | €2,251 | +€2,251 | |
| Plant, machinery and equipment | 23 | €0 | €1,588 | +€1,588 | |
| Furniture and vehicles | 24 | €1,441 | €49,902 | +€48,461 | +3363.1% |
| Current assets | 29/58 | €96,581 | €58,069 | -€38,512 | -39.9% |
| Amounts receivable within one year | 40/41 | €48,712 | €29,693 | -€19,019 | -39.0% |
| Trade receivables | 40 | €8,736 | €9,833 | +€1,096 | +12.5% |
| Other amounts receivable | 41 | €39,976 | €19,860 | -€20,115 | -50.3% |
| Cash at bank and in hand | 54/58 | €46,454 | €26,402 | -€20,052 | -43.2% |
| Deferred charges and accrued income | 490/1 | €1,415 | €1,974 | +€559 | +39.5% |
| Total equity and liabilities | 10/49 | €98,022 | €111,809 | +€13,787 | +14.1% |
| Equity | 10/15 | €82,801 | €76,375 | -€6,426 | -7.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €51,463 | €45,037 | -€6,426 | -12.5% |
| Distributable reserves | 133 | €51,463 | €45,037 | -€6,426 | -12.5% |
| Profit (loss) carried forward | 14 | €12,738 | €12,738 | = | 0.0% |
| Amounts payable | 17/49 | €15,221 | €35,434 | +€20,213 | +132.8% |
| Amounts payable after more than one year | 17 | - | €19,665 | +€19,665 | |
| Financial debts | 170/4 | - | €19,665 | +€19,665 | |
| Amounts payable within one year | 42/48 | €15,221 | €15,769 | +€548 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €800 | €9,107 | +€8,307 | +1038.4% |
| Trade debts | 44 | €1,013 | €452 | -€561 | -55.4% |
| Suppliers | 440/4 | €1,013 | €452 | -€561 | -55.4% |
| Taxes, remuneration and social security | 45 | €3,408 | €1,211 | -€2,197 | -64.5% |
| Taxes | 450/3 | €3,408 | €1,211 | -€2,197 | -64.5% |
| Other amounts payable | 47/48 | €10,000 | €5,000 | -€5,000 | -50.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €138 | €4,326 | +€4,188 | +3035.8% |
| Other operating charges | 640/8 | €2,469 | €4,278 | +€1,809 | +73.3% |
| Gross operating margin | 9900 | €29,008 | €18,770 | -€10,238 | -35.3% |
| Operating profit (loss) | 9901 | €26,401 | €10,166 | -€16,235 | -61.5% |
| Financial income | 75/76B | €3 | €1 | -€2 | -66.4% |
| Recurring financial income | 75 | €3 | €1 | -€2 | -66.4% |
| Financial charges | 65/66B | €295 | €674 | +€380 | +128.9% |
| Recurring financial charges | 65 | €295 | €674 | +€380 | +128.9% |
| Profit (loss) for the period before taxes | 9903 | €26,110 | €9,493 | -€16,617 | -63.6% |
| Income taxes | 67/77 | €4,425 | €2,106 | -€2,319 | -52.4% |
| Profit (loss) for the period | 9904 | €21,685 | €7,387 | -€14,298 | -65.9% |
| Profit (loss) for the period to be appropriated | 9905 | €21,685 | €7,387 | -€14,298 | -65.9% |
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 12 October 2026 via checked.be.