Skip to content

DR. E. DE JONGE: 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.

What changed

DR. E. DE JONGE

BE 0473.955.262
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€156,911
2024 · €488,044-€331,134
Equity
€853,341
2024 · €904,762-€51,420
Cash
€44,471
2024 · €135,240-€90,770
Balance sheet total
€899,179
2024 · €1.0m-€101,039

Largest movements

2024 to 2025
Assets
  • Cash -€90,770

    down €90,770 (-67.1%), from €135,240 to €44,471

    mainly Contributions, distributions and other (-€208,331) and Tax, wage and social debts (-€40,292)

  • Deferred charges and accrued income -€11,806

    down €11,806 (-17.3%), from €68,069 to €56,263

Equity and liabilities
  • Reserves -€51,420

    down €51,420 (-5.7%), from €897,762 to €846,341

  • Tax, wage and social debts -€40,292

    down €40,292 (-80.8%), from €49,874 to €9,582

Income statement
  • Gross operating margin -€491,569

    down €491,569 (-68.2%), from €720,683 to €229,114

  • Taxes -€155,180

    down €155,180 (-68.0%), from €228,047 to €72,867

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €488,044
Gross operating margin -€491,569
Depreciation -€812
Other operating charges +€464
Financial income +€5,901
Financial charges -€297
Taxes +€155,180
Result 2025 €156,911

Cash bridge derived

cash 2024 to 2025

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.

From operations +€136,583
Investment -€11,953
Financing -€215,400
Cash 2024 €135,240
Net result for the year +€156,911
Depreciation +€10,417
Deferred charges and accrued income +€11,806
Trade debts -€423
Tax, wage and social debts -€40,292
Other debts -€1,835
Investment in fixed assets (net) -€2,449
Current investments -€9,504
Current portion of long-term debt -€7,069
Contributions, distributions and other -€208,331
Cash 2025 €44,471
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,000,218 €899,179 -€101,039 -10.1%
Fixed assets 21/28 €20,007 €12,040 -€7,968 -39.8%
Tangible fixed assets 22/27 €20,007 €12,040 -€7,968 -39.8%
Furniture and vehicles 24 €15,157 €7,190 -€7,968 -52.6%
Other tangible fixed assets 26 €4,850 €4,850 = 0.0%
Current assets 29/58 €980,211 €887,139 -€93,071 -9.5%
Current investments 50/53 €776,901 €786,405 +€9,504 +1.2%
Cash at bank and in hand 54/58 €135,240 €44,471 -€90,770 -67.1%
Deferred charges and accrued income 490/1 €68,069 €56,263 -€11,806 -17.3%
Total equity and liabilities 10/49 €1,000,218 €899,179 -€101,039 -10.1%
Equity 10/15 €904,762 €853,341 -€51,420 -5.7%
Contributions 10/11 €7,000 €7,000 = 0.0%
Reserves 13 €897,762 €846,341 -€51,420 -5.7%
Distributable reserves 133 €897,762 €846,341 -€51,420 -5.7%
Amounts payable 17/49 €95,456 €45,837 -€49,619 -52.0%
Amounts payable within one year 42/48 €92,956 €43,337 -€49,619 -53.4%
Current portion of amounts payable after more than one year 42 €7,069 - -€7,069
Trade debts 44 €1,009 €586 -€423 -41.9%
Suppliers 440/4 €1,009 €586 -€423 -41.9%
Taxes, remuneration and social security 45 €49,874 €9,582 -€40,292 -80.8%
Taxes 450/3 €49,874 €9,582 -€40,292 -80.8%
Other amounts payable 47/48 €35,004 €33,169 -€1,835 -5.2%
Accrued charges and deferred income 492/3 €2,500 €2,500 = 0.0%
Non-recurring operating income 76A €498,001 - -€498,001
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €9,605 €10,417 +€812 +8.5%
Other operating charges 640/8 €2,041 €1,577 -€464 -22.7%
Gross operating margin 9900 €720,683 €229,114 -€491,569 -68.2%
Operating profit (loss) 9901 €709,038 €217,121 -€491,917 -69.4%
Financial income 75/76B €7,300 €13,201 +€5,901 +80.8%
Recurring financial income 75 €7,300 €13,201 +€5,901 +80.8%
Financial charges 65/66B €247 €544 +€297 +120.6%
Recurring financial charges 65 €247 €544 +€297 +120.6%
Profit (loss) for the period before taxes 9903 €716,091 €229,777 -€486,313 -67.9%
Income taxes 67/77 €228,047 €72,867 -€155,180 -68.0%
Profit (loss) for the period 9904 €488,044 €156,911 -€331,134 -67.8%
Profit (loss) for the period to be appropriated 9905 €488,044 €156,911 -€331,134 -67.8%

Source: filed annual accounts (NBB), fiscal years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.