Dr. Iris Jousten: 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. Iris Jousten
Largest movements
- Cash +€19,414
up €19,414 (+73.3%), from €26,485 to €45,899
mainly Other debts (+€30,636) and Net result for the year (+€24,239)
- Receivables within one year +€2,525
up €2,525 (+175%), from €1,441 to €3,966
- Tangible fixed assets -€966
down €966 (-21.3%), from €4,525 to €3,559
- Other debts +€30,636
up €30,636 (+1,034%), from €2,964 to €33,600
- Profit (loss) carried forward -€9,361
down €9,361 (-99.7%), from €9,390 to €30
- Gross operating margin +€28,876
up €28,876 (+368%), from €7,856 to €36,732
- Taxes +€5,839
up €5,839 (+400%), from €1,459 to €7,298
- Depreciation -€757
down €757 (-16.3%), from €4,660 to €3,903
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 | €33,817 | €54,831 | +€21,014 | +62.1% |
| Fixed assets | 21/28 | €4,958 | €3,994 | -€964 | -19.4% |
| Tangible fixed assets | 22/27 | €4,525 | €3,559 | -€966 | -21.3% |
| Furniture and vehicles | 24 | €4,525 | €3,559 | -€966 | -21.3% |
| Financial fixed assets | 28 | €433 | €435 | +€2 | +0.4% |
| Current assets | 29/58 | €28,860 | €50,838 | +€21,978 | +76.2% |
| Amounts receivable within one year | 40/41 | €1,441 | €3,966 | +€2,525 | +175% |
| Other amounts receivable | 41 | €1,441 | €3,966 | +€2,525 | +175% |
| Cash at bank and in hand | 54/58 | €26,485 | €45,899 | +€19,414 | +73.3% |
| Deferred charges and accrued income | 490/1 | €933 | €973 | +€40 | +4.3% |
| Total equity and liabilities | 10/49 | €33,817 | €54,831 | +€21,014 | +62.1% |
| Equity | 10/15 | €23,650 | €14,290 | -€9,361 | -39.6% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,390 | €30 | -€9,361 | -99.7% |
| Amounts payable | 17/49 | €10,167 | €40,542 | +€30,375 | +299% |
| Amounts payable within one year | 42/48 | €10,167 | €40,542 | +€30,375 | +299% |
| Trade debts | 44 | €804 | €894 | +€90 | +11.2% |
| Suppliers | 440/4 | €804 | €894 | +€90 | +11.2% |
| Taxes, remuneration and social security | 45 | €6,399 | €6,048 | -€352 | -5.5% |
| Taxes | 450/3 | €6,399 | €6,048 | -€352 | -5.5% |
| Other amounts payable | 47/48 | €2,964 | €33,600 | +€30,636 | +1,034% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,660 | €3,903 | -€757 | -16.3% |
| Other operating charges | 640/8 | €1,105 | €1,266 | +€160 | +14.5% |
| Gross operating margin | 9900 | €7,856 | €36,732 | +€28,876 | +368% |
| Operating profit (loss) | 9901 | €2,091 | €31,564 | +€29,473 | +1,410% |
| Financial income | 75/76B | €3 | €79 | +€77 | +2,963% |
| Recurring financial income | 75 | €3 | €79 | +€77 | +2,963% |
| Financial charges | 65/66B | €142 | €105 | -€37 | -25.8% |
| Recurring financial charges | 65 | €142 | €105 | -€37 | -25.8% |
| Profit (loss) for the period before taxes | 9903 | €1,952 | €31,538 | +€29,586 | +1,516% |
| Income taxes | 67/77 | €1,459 | €7,298 | +€5,839 | +400% |
| Profit (loss) for the period | 9904 | €493 | €24,239 | +€23,747 | +4,820% |
| Profit (loss) for the period to be appropriated | 9905 | €493 | €24,239 | +€23,747 | +4,820% |
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 18 October 2026 via checked.be.