Dieter Jochems: 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.
Dieter Jochems
Largest movements
- Financial fixed assets +€137,750
up €137,750 (+68.9%), from €200,000 to €337,750
- Cash +€15,551
up €15,551 (+2,388%), from €651 to €16,202
mainly Debts after one year (+€73,871) and Net result for the year (+€56,767)
- Receivables within one year -€14,888
down €14,888 (-89.2%), from €16,686 to €1,798
of which Trade receivables: -€16,686
- Tangible fixed assets -€7,832
down €7,832 (-12.6%), from €62,165 to €54,333
of which Other tangible fixed assets: -€6,417
- Debts after one year +€73,871
up €73,871 (+369%), from €20,000 to €93,871
of which Financial debts: +€93,871
- Other debts +€46,511
up €46,511 (+1,641%), from €2,834 to €49,345
- Reserves +€16,767
up €16,767 (+8.0%), from €210,348 to €227,114
- Taxes -€2,878
down €2,878 (-26.0%), from €11,080 to €8,202
- Financial income +€2,183
up €2,183 (+7.3%), from €30,000 to €32,183
- Depreciation +€2,108
up €2,108 (+42.5%), from €4,964 to €7,072
- Gross operating margin -€1,409
down €1,409 (-3.3%), from €42,669 to €41,259
- Financial charges +€470
up €470 (+57.9%), from €812 to €1,282
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 | €279,503 | €410,083 | +€130,580 | +46.7% |
| Fixed assets | 21/28 | €262,165 | €392,083 | +€129,918 | +49.6% |
| Tangible fixed assets | 22/27 | €62,165 | €54,333 | -€7,832 | -12.6% |
| Plant, machinery and equipment | 23 | €1,659 | €4,810 | +€3,151 | +190% |
| Furniture and vehicles | 24 | €4,566 | €0 | -€4,566 | -100% |
| Other tangible fixed assets | 26 | €55,940 | €49,523 | -€6,417 | -11.5% |
| Financial fixed assets | 28 | €200,000 | €337,750 | +€137,750 | +68.9% |
| Current assets | 29/58 | €17,338 | €18,000 | +€662 | +3.8% |
| Amounts receivable within one year | 40/41 | €16,686 | €1,798 | -€14,888 | -89.2% |
| Trade receivables | 40 | €16,686 | €0 | -€16,686 | -100% |
| Other amounts receivable | 41 | - | €1,798 | +€1,798 | |
| Cash at bank and in hand | 54/58 | €651 | €16,202 | +€15,551 | +2,388% |
| Total equity and liabilities | 10/49 | €279,503 | €410,083 | +€130,580 | +46.7% |
| Equity | 10/15 | €220,348 | €237,114 | +€16,767 | +7.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €210,348 | €227,114 | +€16,767 | +8.0% |
| Distributable reserves | 133 | €210,348 | €227,114 | +€16,767 | +8.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €59,155 | €172,969 | +€113,813 | +192% |
| Amounts payable after more than one year | 17 | €20,000 | €93,871 | +€73,871 | +369% |
| Financial debts | 170/4 | €0 | €93,871 | +€93,871 | |
| Other amounts payable | 178/9 | €20,000 | €0 | -€20,000 | -100% |
| Amounts payable within one year | 42/48 | €39,155 | €79,098 | +€39,942 | +102% |
| Current portion of amounts payable after more than one year | 42 | €25,713 | €22,464 | -€3,249 | -12.6% |
| Trade debts | 44 | €46 | €36 | -€10 | -21.6% |
| Suppliers | 440/4 | €46 | €36 | -€10 | -21.6% |
| Taxes, remuneration and social security | 45 | €10,562 | €7,253 | -€3,309 | -31.3% |
| Taxes | 450/3 | €10,562 | €7,253 | -€3,309 | -31.3% |
| Other amounts payable | 47/48 | €2,834 | €49,345 | +€46,511 | +1,641% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,964 | €7,072 | +€2,108 | +42.5% |
| Other operating charges | 640/8 | €505 | €120 | -€385 | -76.3% |
| Gross operating margin | 9900 | €42,669 | €41,259 | -€1,409 | -3.3% |
| Operating profit (loss) | 9901 | €37,199 | €34,068 | -€3,132 | -8.4% |
| Financial income | 75/76B | €30,000 | €32,183 | +€2,183 | +7.3% |
| Recurring financial income | 75 | €30,000 | €32,183 | +€2,183 | +7.3% |
| Financial charges | 65/66B | €812 | €1,282 | +€470 | +57.9% |
| Recurring financial charges | 65 | €812 | €1,282 | +€470 | +57.9% |
| Profit (loss) for the period before taxes | 9903 | €66,387 | €64,969 | -€1,419 | -2.1% |
| Income taxes | 67/77 | €11,080 | €8,202 | -€2,878 | -26.0% |
| Profit (loss) for the period | 9904 | €55,307 | €56,767 | +€1,459 | +2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €55,307 | €56,767 | +€1,459 | +2.6% |
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 23 October 2026 via checked.be.