de Jaeger Johan: 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 Johan
Largest movements
- Cash -€33,164
down €33,164 (-18.7%), from €177,487 to €144,324
mainly Accrued charges and deferred income (-€43,468) and Investment in fixed assets (net) (-€26,910)
- Tangible fixed assets +€24,668
new in 2025: €24,668
- Receivables within one year -€18,322
down €18,322 (-36.9%), from €49,607 to €31,284
of which Trade receivables: -€18,624
- Reserves +€45,646
up €45,646 (+74.0%), from €61,722 to €107,368
- Accrued charges and deferred income -€43,468
down €43,468 (-70.8%), from €61,375 to €17,907
- Trade debts -€21,708
down €21,708 (-28.2%), from €77,057 to €55,349
- Tax, wage and social debts -€7,626
down €7,626 (-49.9%), from €15,294 to €7,667
of which Taxes: -€5,951
- Gross operating margin -€19,322
down €19,322 (-22.5%), from €85,937 to €66,616
- Taxes -€5,993
down €5,993 (-25.7%), from €23,361 to €17,367
- Depreciation +€2,243
new in 2025: €2,243
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 | €227,094 | €200,275 | -€26,818 | -11.8% |
| Fixed assets | 21/28 | - | €24,668 | +€24,668 | |
| Tangible fixed assets | 22/27 | - | €24,668 | +€24,668 | |
| Furniture and vehicles | 24 | - | €24,668 | +€24,668 | |
| Current assets | 29/58 | €227,094 | €175,608 | -€51,486 | -22.7% |
| Amounts receivable within one year | 40/41 | €49,607 | €31,284 | -€18,322 | -36.9% |
| Trade receivables | 40 | €40,465 | €21,841 | -€18,624 | -46.0% |
| Other amounts receivable | 41 | €9,142 | €9,443 | +€302 | +3.3% |
| Cash at bank and in hand | 54/58 | €177,487 | €144,324 | -€33,164 | -18.7% |
| Total equity and liabilities | 10/49 | €227,094 | €200,275 | -€26,818 | -11.8% |
| Equity | 10/15 | €66,722 | €112,368 | +€45,646 | +68.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €61,722 | €107,368 | +€45,646 | +74.0% |
| Distributable reserves | 133 | €61,722 | €107,368 | +€45,646 | +74.0% |
| Amounts payable | 17/49 | €160,372 | €87,907 | -€72,465 | -45.2% |
| Amounts payable within one year | 42/48 | €98,997 | €70,001 | -€28,997 | -29.3% |
| Trade debts | 44 | €77,057 | €55,349 | -€21,708 | -28.2% |
| Suppliers | 440/4 | €77,057 | €55,349 | -€21,708 | -28.2% |
| Taxes, remuneration and social security | 45 | €15,294 | €7,667 | -€7,626 | -49.9% |
| Taxes | 450/3 | €13,619 | €7,667 | -€5,951 | -43.7% |
| Remuneration and social security | 454/9 | €1,675 | - | -€1,675 | |
| Other amounts payable | 47/48 | €6,647 | €6,985 | +€338 | +5.1% |
| Accrued charges and deferred income | 492/3 | €61,375 | €17,907 | -€43,468 | -70.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,243 | +€2,243 | |
| Other operating charges | 640/8 | - | €219 | +€219 | |
| Gross operating margin | 9900 | €85,937 | €66,616 | -€19,322 | -22.5% |
| Operating profit (loss) | 9901 | €85,937 | €64,154 | -€21,784 | -25.3% |
| Financial income | 75/76B | €5 | €4 | -€1 | -19.2% |
| Recurring financial income | 75 | €5 | €4 | -€1 | -19.2% |
| Financial charges | 65/66B | - | €145 | +€145 | |
| Recurring financial charges | 65 | - | €145 | +€145 | |
| Profit (loss) for the period before taxes | 9903 | €85,943 | €64,013 | -€21,929 | -25.5% |
| Income taxes | 67/77 | €23,361 | €17,367 | -€5,993 | -25.7% |
| Profit (loss) for the period | 9904 | €62,582 | €46,646 | -€15,936 | -25.5% |
| Profit (loss) for the period to be appropriated | 9905 | €62,582 | €46,646 | -€15,936 | -25.5% |
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 22 October 2026 via checked.be.