De Jonge Steven: 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 Jonge Steven
Largest movements
- Current investments +€23,810
up €23,810 (+233.4%), from €10,200 to €34,010
- Tangible fixed assets +€4,637
up €4,637 (+6.8%), from €68,107 to €72,743
of which Leasing and similar rights: +€15,525
- Receivables within one year +€3,179
up €3,179 (+182.3%), from €1,744 to €4,923
- Cash +€1,942
up €1,942 (+13.4%), from €14,475 to €16,416
mainly Net result for the year (+€21,599) and Depreciation (+€15,029)
- Reserves +€21,599
up €21,599 (+20.4%), from €105,694 to €127,293
- Debts after one year +€9,155
up €9,155 (+33.2%), from €27,604 to €36,759
- Current portion of long-term debt +€2,865
up €2,865 (+77.4%), from €3,704 to €6,569
- Depreciation +€7,251
up €7,251 (+93.2%), from €7,778 to €15,029
- Gross operating margin +€3,151
up €3,151 (+7.4%), from €42,833 to €45,985
- Taxes -€1,382
down €1,382 (-14.1%), from €9,809 to €8,427
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 | €147,932 | €181,638 | +€33,706 | +22.8% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €68,107 | €72,743 | +€4,637 | +6.8% |
| Tangible fixed assets | 22/27 | €68,107 | €72,743 | +€4,637 | +6.8% |
| Land and buildings | 22 | €13,203 | €12,148 | -€1,055 | -8.0% |
| Plant, machinery and equipment | 23 | €6,863 | €5,125 | -€1,738 | -25.3% |
| Furniture and vehicles | 24 | €14,709 | €9,313 | -€5,396 | -36.7% |
| Leasing and similar rights | 25 | - | €15,525 | +€15,525 | |
| Other tangible fixed assets | 26 | €33,332 | €30,631 | -€2,700 | -8.1% |
| Current assets | 29/58 | €79,825 | €108,895 | +€29,070 | +36.4% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 291 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,744 | €4,923 | +€3,179 | +182.3% |
| Other amounts receivable | 41 | €1,744 | €4,923 | +€3,179 | +182.3% |
| Current investments | 50/53 | €10,200 | €34,010 | +€23,810 | +233.4% |
| Cash at bank and in hand | 54/58 | €14,475 | €16,416 | +€1,942 | +13.4% |
| Deferred charges and accrued income | 490/1 | €3,407 | €3,546 | +€139 | +4.1% |
| Total equity and liabilities | 10/49 | €147,932 | €181,638 | +€33,706 | +22.8% |
| Equity | 10/15 | €111,894 | €133,493 | +€21,599 | +19.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €105,694 | €127,293 | +€21,599 | +20.4% |
| Distributable reserves | 133 | €105,694 | €127,293 | +€21,599 | +20.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €36,038 | €48,144 | +€12,107 | +33.6% |
| Amounts payable after more than one year | 17 | €27,604 | €36,759 | +€9,155 | +33.2% |
| Financial debts | 170/4 | €27,604 | €36,759 | +€9,155 | +33.2% |
| Amounts payable within one year | 42/48 | €8,434 | €11,385 | +€2,952 | +35.0% |
| Current portion of amounts payable after more than one year | 42 | €3,704 | €6,569 | +€2,865 | +77.4% |
| Financial debts | 43 | €595 | €0 | -€595 | -100.0% |
| Credit institutions | 430/8 | €595 | €0 | -€595 | -100.0% |
| Trade debts | 44 | €230 | €555 | +€324 | +140.9% |
| Suppliers | 440/4 | €230 | €555 | +€324 | +140.9% |
| Taxes, remuneration and social security | 45 | €3,905 | €4,262 | +€357 | +9.1% |
| Taxes | 450/3 | €3,905 | €4,262 | +€357 | +9.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,778 | €15,029 | +€7,251 | +93.2% |
| Other operating charges | 640/8 | €853 | €838 | -€15 | -1.7% |
| Gross operating margin | 9900 | €42,833 | €45,985 | +€3,151 | +7.4% |
| Operating profit (loss) | 9901 | €34,203 | €30,118 | -€4,085 | -11.9% |
| Financial income | 75/76B | €1,919 | €1,965 | +€46 | +2.4% |
| Recurring financial income | 75 | €1,919 | €1,965 | +€46 | +2.4% |
| Financial charges | 65/66B | €1,924 | €2,057 | +€132 | +6.9% |
| Recurring financial charges | 65 | €1,924 | €2,057 | +€132 | +6.9% |
| Profit (loss) for the period before taxes | 9903 | €34,197 | €30,026 | -€4,171 | -12.2% |
| Income taxes | 67/77 | €9,809 | €8,427 | -€1,382 | -14.1% |
| Profit (loss) for the period | 9904 | €24,388 | €21,599 | -€2,788 | -11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €24,388 | €21,599 | -€2,788 | -11.4% |
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 9 October 2026 via checked.be.