DE JONGHE: what changed
Two fiscal 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 JONGHE
Largest movements
- Tangible fixed assets -€340,554
down €340,554 (-85.1%), from €400,075 to €59,522
of which Land and buildings: -€336,978
- Cash +€161,473
up €161,473 (+839.7%), from €19,230 to €180,703
mainly Investment in fixed assets (net) (+€325,117) and Receivables within one year (+€116,298)
- Receivables within one year -€116,298
down €116,298 (-67.9%), from €171,162 to €54,864
of which Other amounts receivable: -€99,376
- Reserves -€218,820
down €218,820 (-55.4%), from €394,984 to €176,164
of which Distributable reserves: -€218,820
- Debts after one year -€61,204
down €61,204 (-100.0%), from €61,204 to €0
- Current portion of long-term debt -€10,624
down €10,624 (-51.3%), from €20,723 to €10,099
- Gross operating margin -€81,135
down €81,135 (-71.0%), from €114,255 to €33,121
- Taxes -€17,816
down €17,816 (-81.0%), from €21,981 to €4,165
- Depreciation -€10,986
down €10,986 (-41.6%), from €26,422 to €15,436
- Other operating charges -€3,659
down €3,659 (-48.8%), from €7,494 to €3,835
- Financial charges -€1,753
down €1,753 (-23.7%), from €7,407 to €5,653
of which Financial charges: -€3,213
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 | €598,148 | €300,102 | -€298,046 | -49.8% |
| Fixed assets | 21/28 | €401,431 | €60,877 | -€340,554 | -84.8% |
| Tangible fixed assets | 22/27 | €400,075 | €59,522 | -€340,554 | -85.1% |
| Land and buildings | 22 | €390,223 | €53,245 | -€336,978 | -86.4% |
| Plant, machinery and equipment | 23 | €9,852 | €6,276 | -€3,576 | -36.3% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €1,356 | €1,356 | = | 0.0% |
| Current assets | 29/58 | €196,717 | €239,225 | +€42,508 | +21.6% |
| Amounts receivable within one year | 40/41 | €171,162 | €54,864 | -€116,298 | -67.9% |
| Trade receivables | 40 | €16,923 | €0 | -€16,923 | -100.0% |
| Other amounts receivable | 41 | €154,240 | €54,864 | -€99,376 | -64.4% |
| Cash at bank and in hand | 54/58 | €19,230 | €180,703 | +€161,473 | +839.7% |
| Deferred charges and accrued income | 490/1 | €6,325 | €3,658 | -€2,667 | -42.2% |
| Total equity and liabilities | 10/49 | €598,148 | €300,102 | -€298,046 | -49.8% |
| Equity | 10/15 | €505,059 | €286,239 | -€218,820 | -43.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €25,632 | €25,632 | = | 0.0% |
| Reserves | 13 | €394,984 | €176,164 | -€218,820 | -55.4% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €388,784 | €169,964 | -€218,820 | -56.3% |
| Profit (loss) carried forward | 14 | €22,444 | €22,444 | = | 0.0% |
| Amounts payable | 17/49 | €93,089 | €13,863 | -€79,226 | -85.1% |
| Amounts payable after more than one year | 17 | €61,204 | €0 | -€61,204 | -100.0% |
| Financial debts | 170/4 | €61,204 | €0 | -€61,204 | -100.0% |
| Amounts payable within one year | 42/48 | €29,367 | €13,863 | -€15,504 | -52.8% |
| Current portion of amounts payable after more than one year | 42 | €20,723 | €10,099 | -€10,624 | -51.3% |
| Trade debts | 44 | €8,457 | €3,704 | -€4,752 | -56.2% |
| Suppliers | 440/4 | €8,457 | €3,704 | -€4,752 | -56.2% |
| Taxes, remuneration and social security | 45 | €187 | €60 | -€128 | -68.0% |
| Taxes | 450/3 | €187 | €60 | -€128 | -68.0% |
| Accrued charges and deferred income | 492/3 | €2,518 | €0 | -€2,518 | -100.0% |
| Non-recurring operating income | 76A | €7,168 | €0 | -€7,168 | -100.0% |
| Remuneration, social security and pensions | 62 | €0 | €704 | +€704 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,422 | €15,436 | -€10,986 | -41.6% |
| Other operating charges | 640/8 | €7,494 | €3,835 | -€3,659 | -48.8% |
| Non-recurring operating charges | 66A | - | €117 | +€117 | |
| Gross operating margin | 9900 | €114,255 | €33,121 | -€81,135 | -71.0% |
| Operating profit (loss) | 9901 | €80,340 | €13,028 | -€67,312 | -83.8% |
| Financial income | 75/76B | €0 | €44 | +€44 | |
| Recurring financial income | 75 | €0 | €44 | +€44 | |
| Financial charges | 65/66B | €7,407 | €5,653 | -€1,753 | -23.7% |
| Recurring financial charges | 65 | €7,407 | €4,194 | -€3,213 | -43.4% |
| Non-recurring financial charges | 66B | - | €1,459 | +€1,459 | |
| Profit (loss) for the period before taxes | 9903 | €72,933 | €7,419 | -€65,514 | -89.8% |
| Income taxes | 67/77 | €21,981 | €4,165 | -€17,816 | -81.0% |
| Profit (loss) for the period | 9904 | €50,952 | €3,253 | -€47,698 | -93.6% |
| Profit (loss) for the period to be appropriated | 9905 | €50,952 | €3,253 | -€47,698 | -93.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.