DE JAEGHER: 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 JAEGHER
Largest movements
- Cash +€373,775
up €373,775 (+44.0%), from €848,580 to €1.2m
mainly Other debts (+€448,590) and Depreciation (+€19,347)
- Other debts +€448,590
up €448,590 (+43.0%), from €1.0m to €1.5m
- Profit (loss) carried forward -€65,563
down €65,563 (-3.9%), from -€1.7m to -€1.8m
- Tax, wage and social debts -€22,558
down €22,558 (-76.9%), from €29,352 to €6,794
of which Remuneration and social security: -€11,672
- Staff costs -€137,356
no longer reported in 2025 (was €137,356)
- Gross operating margin -€133,369
down €133,369 (-92.6%), from €144,071 to €10,702
- Write-downs -€71,577
no longer reported in 2025 (was €71,577)
- Financial charges +€9,874
up €9,874 (+33.6%), from €29,423 to €39,297
- Other operating charges +€9,123
up €9,123 (+114.0%), from €8,005 to €17,127
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 | €1,433,782 | €1,790,728 | +€356,946 | +24.9% |
| Fixed assets | 21/28 | €526,149 | €519,072 | -€7,077 | -1.3% |
| Tangible fixed assets | 22/27 | €525,649 | €519,072 | -€6,577 | -1.3% |
| Furniture and vehicles | 24 | €172 | - | -€172 | |
| Other tangible fixed assets | 26 | €525,477 | €519,072 | -€6,405 | -1.2% |
| Financial fixed assets | 28 | €500 | - | -€500 | |
| Current assets | 29/58 | €907,633 | €1,271,656 | +€364,023 | +40.1% |
| Amounts receivable within one year | 40/41 | €52,248 | €43,431 | -€8,817 | -16.9% |
| Trade receivables | 40 | €10,168 | €580 | -€9,588 | -94.3% |
| Other amounts receivable | 41 | €42,080 | €42,851 | +€770 | +1.8% |
| Current investments | 50/53 | €5,597 | €5,597 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €848,580 | €1,222,356 | +€373,775 | +44.0% |
| Deferred charges and accrued income | 490/1 | €1,207 | €272 | -€935 | -77.4% |
| Total equity and liabilities | 10/49 | €1,433,782 | €1,790,728 | +€356,946 | +24.9% |
| Equity | 10/15 | -€389,811 | -€455,374 | -€65,563 | -16.8% |
| Contributions | 10/11 | €1,150,226 | €1,150,226 | = | 0.0% |
| Revaluation surpluses | 12 | €47,439 | €47,439 | = | 0.0% |
| Reserves | 13 | €115,000 | €115,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €115,000 | €115,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €115,000 | €115,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,702,476 | -€1,768,039 | -€65,563 | -3.9% |
| Amounts payable | 17/49 | €1,823,593 | €2,246,102 | +€422,509 | +23.2% |
| Amounts payable after more than one year | 17 | €725,000 | €725,000 | = | 0.0% |
| Financial debts | 170/4 | €725,000 | €725,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,090,404 | €1,511,540 | +€421,137 | +38.6% |
| Trade debts | 44 | €18,024 | €13,129 | -€4,895 | -27.2% |
| Suppliers | 440/4 | €18,024 | €13,129 | -€4,895 | -27.2% |
| Taxes, remuneration and social security | 45 | €29,352 | €6,794 | -€22,558 | -76.9% |
| Taxes | 450/3 | €17,680 | €6,794 | -€10,886 | -61.6% |
| Remuneration and social security | 454/9 | €11,672 | - | -€11,672 | |
| Other amounts payable | 47/48 | €1,043,027 | €1,491,617 | +€448,590 | +43.0% |
| Accrued charges and deferred income | 492/3 | €8,189 | €9,562 | +€1,373 | +16.8% |
| Remuneration, social security and pensions | 62 | €137,356 | - | -€137,356 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,715 | €19,347 | +€6,632 | +52.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €71,577 | - | -€71,577 | |
| Other operating charges | 640/8 | €8,005 | €17,127 | +€9,123 | +114.0% |
| Non-recurring operating charges | 66A | €5,530 | €493 | -€5,037 | -91.1% |
| Gross operating margin | 9900 | €144,071 | €10,702 | -€133,369 | -92.6% |
| Operating profit (loss) | 9901 | -€91,112 | -€26,265 | +€64,846 | +71.2% |
| Financial income | 75/76B | €8,832 | - | -€8,832 | |
| Recurring financial income | 75 | €8,832 | - | -€8,832 | |
| Financial charges | 65/66B | €29,423 | €39,297 | +€9,874 | +33.6% |
| Recurring financial charges | 65 | €29,423 | €39,297 | +€9,874 | +33.6% |
| Profit (loss) for the period before taxes | 9903 | -€111,703 | -€65,563 | +€46,140 | +41.3% |
| Profit (loss) for the period | 9904 | -€111,703 | -€65,563 | +€46,140 | +41.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€111,703 | -€65,563 | +€46,140 | +41.3% |
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 11 October 2026 via checked.be.