De Roeck Jeffry: 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 Roeck Jeffry
Largest movements
- Receivables within one year +€41,643
up €41,643 (+123%), from €33,721 to €75,364
of which Trade receivables: +€50,131
- Tangible fixed assets -€4,292
down €4,292 (-38.7%), from €11,084 to €6,793
of which Furniture and vehicles: -€4,292
- Cash -€3,480
down €3,480 (-6.3%), from €54,827 to €51,347
mainly Advances received (-€47,000) and Receivables within one year (-€41,643)
- Profit (loss) carried forward +€47,168
up €47,168 (+91.4%), from -€51,585 to -€4,416
- Advances received -€47,000
no longer reported in 2025 (was €47,000)
- Trade debts +€44,089
up €44,089 (+219%), from €20,101 to €64,191
- Current portion of long-term debt +€13,956
up €13,956 (+181%), from €7,701 to €21,657
- Other debts -€13,526
down €13,526 (-46.0%), from €29,436 to €15,910
- Gross operating margin +€60,103
up €60,103, from -€8,804 to €51,300
- Other operating charges +€1,405
up €1,405 (+640%), from €220 to €1,625
- Financial charges -€1,361
down €1,361 (-54.3%), from €2,507 to €1,146
- Financial income +€897
up €897 (+1,976%), from €45 to €942
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 | €99,632 | €133,503 | +€33,871 | +34.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €11,084 | €6,793 | -€4,292 | -38.7% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €11,084 | €6,793 | -€4,292 | -38.7% |
| Plant, machinery and equipment | 23 | €2,000 | €2,000 | = | 0.0% |
| Furniture and vehicles | 24 | €9,084 | €4,793 | -€4,292 | -47.2% |
| Current assets | 29/58 | €88,548 | €126,711 | +€38,163 | +43.1% |
| Amounts receivable within one year | 40/41 | €33,721 | €75,364 | +€41,643 | +123% |
| Trade receivables | 40 | €13,716 | €63,847 | +€50,131 | +365% |
| Other amounts receivable | 41 | €20,005 | €11,517 | -€8,488 | -42.4% |
| Cash at bank and in hand | 54/58 | €54,827 | €51,347 | -€3,480 | -6.3% |
| Total equity and liabilities | 10/49 | €99,632 | €133,503 | +€33,871 | +34.0% |
| Equity | 10/15 | -€35,025 | €12,144 | +€47,168 | |
| Contributions | 10/11 | €14,700 | €14,700 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,585 | -€4,416 | +€47,168 | +91.4% |
| Amounts payable | 17/49 | €134,657 | €121,360 | -€13,297 | -9.9% |
| Amounts payable after more than one year | 17 | €14,602 | €14,602 | = | 0.0% |
| Financial debts | 170/4 | €14,602 | €14,602 | = | 0.0% |
| Amounts payable within one year | 42/48 | €120,055 | €106,758 | -€13,297 | -11.1% |
| Current portion of amounts payable after more than one year | 42 | €7,701 | €21,657 | +€13,956 | +181% |
| Trade debts | 44 | €20,101 | €64,191 | +€44,089 | +219% |
| Suppliers | 440/4 | €20,101 | €64,191 | +€44,089 | +219% |
| Advances received on contracts in progress | 46 | €47,000 | - | -€47,000 | |
| Taxes, remuneration and social security | 45 | €15,817 | €5,000 | -€10,817 | -68.4% |
| Taxes | 450/3 | €10,846 | €5,000 | -€5,845 | -53.9% |
| Remuneration and social security | 454/9 | €4,972 | - | -€4,972 | |
| Other amounts payable | 47/48 | €29,436 | €15,910 | -€13,526 | -46.0% |
| Other operating charges | 640/8 | €220 | €1,625 | +€1,405 | +640% |
| Non-recurring operating charges | 66A | - | €2,163 | +€2,163 | |
| Gross operating margin | 9900 | -€8,804 | €51,300 | +€60,103 | |
| Operating profit (loss) | 9901 | -€9,023 | €47,512 | +€56,535 | |
| Financial income | 75/76B | €45 | €942 | +€897 | +1,976% |
| Recurring financial income | 75 | €45 | €942 | +€897 | +1,976% |
| Financial charges | 65/66B | €2,507 | €1,146 | -€1,361 | -54.3% |
| Recurring financial charges | 65 | €2,507 | €1,146 | -€1,361 | -54.3% |
| Profit (loss) for the period before taxes | 9903 | -€11,485 | €47,309 | +€58,793 | |
| Income taxes | 67/77 | €298 | €141 | -€157 | -52.8% |
| Profit (loss) for the period | 9904 | -€11,782 | €47,168 | +€58,951 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,782 | €47,168 | +€58,951 |
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 30 October 2026 via checked.be.