DR. COOTJANS JAN: 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.
DR. COOTJANS JAN
Largest movements
- Current investments +€100,000
up €100,000, from €0 to €100,000
- Cash -€78,413
down €78,413 (-64.3%), from €121,929 to €43,516
mainly Current investments (-€100,000) and Contributions, distributions and other (-€20,465)
- Tangible fixed assets -€15,527
down €15,527 (-23.5%), from €66,165 to €50,637
of which Furniture and vehicles: -€14,033
- Receivables within one year +€5,404
up €5,404 (+145%), from €3,726 to €9,130
of which Trade receivables: +€6,345
- Tax, wage and social debts +€4,277
new in 2025: €4,277
- Reserves +€3,288
up €3,288 (+2.0%), from €166,157 to €169,445
- Other debts +€3,152
up €3,152 (+23.9%), from €13,192 to €16,344
- Gross operating margin +€33,055
up €33,055 (+144%), from €22,975 to €56,030
- Depreciation +€8,582
up €8,582 (+103%), from €8,369 to €16,951
- Taxes +€7,801
up €7,801 (+127%), from €6,143 to €13,944
- Financial income -€3,063
down €3,063 (-84.6%), from €3,622 to €559
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 | €193,005 | €204,512 | +€11,507 | +6.0% |
| Fixed assets | 21/28 | €66,165 | €50,637 | -€15,527 | -23.5% |
| Tangible fixed assets | 22/27 | €66,165 | €50,637 | -€15,527 | -23.5% |
| Plant, machinery and equipment | 23 | €7,181 | €5,687 | -€1,494 | -20.8% |
| Furniture and vehicles | 24 | €58,984 | €44,950 | -€14,033 | -23.8% |
| Current assets | 29/58 | €126,840 | €153,875 | +€27,035 | +21.3% |
| Amounts receivable within one year | 40/41 | €3,726 | €9,130 | +€5,404 | +145% |
| Trade receivables | 40 | €2,785 | €9,130 | +€6,345 | +228% |
| Other amounts receivable | 41 | €941 | €0 | -€941 | -100% |
| Current investments | 50/53 | €0 | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €121,929 | €43,516 | -€78,413 | -64.3% |
| Deferred charges and accrued income | 490/1 | €1,186 | €1,229 | +€44 | +3.7% |
| Total equity and liabilities | 10/49 | €193,005 | €204,512 | +€11,507 | +6.0% |
| Equity | 10/15 | €178,657 | €181,945 | +€3,288 | +1.8% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €166,157 | €169,445 | +€3,288 | +2.0% |
| Distributable reserves | 133 | €166,157 | €169,445 | +€3,288 | +2.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €14,348 | €22,568 | +€8,220 | +57.3% |
| Amounts payable within one year | 42/48 | €14,348 | €22,568 | +€8,220 | +57.3% |
| Financial debts | 43 | - | €10 | +€10 | |
| Credit institutions | 430/8 | - | €10 | +€10 | |
| Trade debts | 44 | €1,156 | €1,937 | +€781 | +67.6% |
| Suppliers | 440/4 | €1,156 | €1,937 | +€781 | +67.6% |
| Taxes, remuneration and social security | 45 | - | €4,277 | +€4,277 | |
| Taxes | 450/3 | - | €4,277 | +€4,277 | |
| Other amounts payable | 47/48 | €13,192 | €16,344 | +€3,152 | +23.9% |
| Non-recurring operating income | 76A | - | €1,000 | +€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,369 | €16,951 | +€8,582 | +103% |
| Other operating charges | 640/8 | €1,461 | €1,887 | +€426 | +29.2% |
| Gross operating margin | 9900 | €22,975 | €56,030 | +€33,055 | +144% |
| Operating profit (loss) | 9901 | €13,145 | €37,191 | +€24,047 | +183% |
| Financial income | 75/76B | €3,622 | €559 | -€3,063 | -84.6% |
| Recurring financial income | 75 | €3,622 | €559 | -€3,063 | -84.6% |
| Financial charges | 65/66B | €5 | €54 | +€49 | +1,097% |
| Recurring financial charges | 65 | €5 | €54 | +€49 | +1,097% |
| Profit (loss) for the period before taxes | 9903 | €16,762 | €37,697 | +€20,935 | +125% |
| Income taxes | 67/77 | €6,143 | €13,944 | +€7,801 | +127% |
| Profit (loss) for the period | 9904 | €10,619 | €23,753 | +€13,133 | +124% |
| Profit (loss) for the period to be appropriated | 9905 | €10,619 | €23,753 | +€13,133 | +124% |
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 13 October 2026 via checked.be.