DIRK DE JONGHE: 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.
DIRK DE JONGHE
Largest movements
- Cash +€162,516
up €162,516 (+130%), from €125,404 to €287,920
mainly Net result for the year (+€121,409) and Receivables within one year (+€59,418)
- Receivables within one year -€59,418
down €59,418 (-28.4%), from €209,500 to €150,082
- Tangible fixed assets -€8,183
down €8,183 (-5.6%), from €146,965 to €138,782
of which Land and buildings: -€9,315
- Reserves +€102,073
up €102,073 (+29.7%), from €343,999 to €446,073
of which Distributable reserves: +€104,000
- Other debts -€18,916
down €18,916 (-17.7%), from €107,029 to €88,114
- Tax, wage and social debts +€11,768
up €11,768 (+344%), from €3,425 to €15,193
- Gross operating margin +€141,303
up €141,303 (+241%), from €58,572 to €199,874
- Taxes +€44,867
up €44,867 (+242%), from €18,516 to €63,383
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 | €482,974 | €577,927 | +€94,952 | +19.7% |
| Fixed assets | 21/28 | €146,965 | €138,782 | -€8,183 | -5.6% |
| Tangible fixed assets | 22/27 | €146,965 | €138,782 | -€8,183 | -5.6% |
| Land and buildings | 22 | €135,748 | €126,434 | -€9,315 | -6.9% |
| Plant, machinery and equipment | 23 | €5,878 | €5,121 | -€758 | -12.9% |
| Furniture and vehicles | 24 | €338 | €2,228 | +€1,890 | +559% |
| Other tangible fixed assets | 26 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €336,009 | €439,145 | +€103,136 | +30.7% |
| Amounts receivable within one year | 40/41 | €209,500 | €150,082 | -€59,418 | -28.4% |
| Other amounts receivable | 41 | €209,500 | €150,082 | -€59,418 | -28.4% |
| Cash at bank and in hand | 54/58 | €125,404 | €287,920 | +€162,516 | +130% |
| Deferred charges and accrued income | 490/1 | €1,105 | €1,142 | +€37 | +3.4% |
| Total equity and liabilities | 10/49 | €482,974 | €577,927 | +€94,952 | +19.7% |
| Equity | 10/15 | €364,226 | €466,635 | +€102,409 | +28.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €343,999 | €446,073 | +€102,073 | +29.7% |
| Tax-exempt reserves | 132 | €32,562 | €30,635 | -€1,927 | -5.9% |
| Distributable reserves | 133 | €311,437 | €415,437 | +€104,000 | +33.4% |
| Profit (loss) carried forward | 14 | €227 | €562 | +€336 | +148% |
| Provisions and deferred taxes | 16 | €5,044 | €4,403 | -€641 | -12.7% |
| Deferred taxes | 168 | €5,044 | €4,403 | -€641 | -12.7% |
| Amounts payable | 17/49 | €113,704 | €106,889 | -€6,815 | -6.0% |
| Amounts payable within one year | 42/48 | €110,454 | €103,506 | -€6,948 | -6.3% |
| Trade debts | 44 | - | €200 | +€200 | |
| Suppliers | 440/4 | - | €200 | +€200 | |
| Taxes, remuneration and social security | 45 | €3,425 | €15,193 | +€11,768 | +344% |
| Taxes | 450/3 | €3,425 | €15,193 | +€11,768 | +344% |
| Other amounts payable | 47/48 | €107,029 | €88,114 | -€18,916 | -17.7% |
| Accrued charges and deferred income | 492/3 | €3,250 | €3,383 | +€133 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,023 | €10,777 | -€246 | -2.2% |
| Other operating charges | 640/8 | €5,627 | €6,667 | +€1,040 | +18.5% |
| Gross operating margin | 9900 | €58,572 | €199,874 | +€141,303 | +241% |
| Operating profit (loss) | 9901 | €41,922 | €182,430 | +€140,508 | +335% |
| Financial income | 75/76B | €302 | €2,134 | +€1,832 | +606% |
| Recurring financial income | 75 | €302 | €2,134 | +€1,832 | +606% |
| Financial charges | 65/66B | €404 | €413 | +€9 | +2.2% |
| Recurring financial charges | 65 | €404 | €413 | +€9 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €41,820 | €184,151 | +€142,331 | +340% |
| Transfer from deferred taxes | 780 | €641 | €641 | = | 0.0% |
| Income taxes | 67/77 | €18,516 | €63,383 | +€44,867 | +242% |
| Profit (loss) for the period | 9904 | €23,946 | €121,409 | +€97,463 | +407% |
| Transfer from tax-exempt reserves | 789 | €1,927 | €1,927 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,872 | €123,336 | +€97,463 | +377% |
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 14 October 2026 via checked.be.