Dr. Jan Colpaert: what changed
Dr. Jan Colpaert
Largest movements
- Cash +€199,888
up €199,888 (+366%), from €54,621 to €254,508
mainly Net result for the year (+€202,334) and Tax, wage and social debts (+€65,224)
- Receivables within one year +€99,925
up €99,925 (+2,178%), from €4,588 to €104,513
of which Other amounts receivable: +€96,747
- Current investments -€60,000
down €60,000 (-100%), from €60,000 to €0
- Tangible fixed assets +€32,371
new in 2025: €32,371
of which Furniture and vehicles: +€23,482
- Reserves +€202,334
up €202,334 (+222%), from €91,149 to €293,484
- Tax, wage and social debts +€65,224
up €65,224 (+301%), from €21,668 to €86,892
of which Taxes: +€64,224
- Other debts +€4,468
up €4,468 (+66.2%), from €6,751 to €11,219
- Gross operating margin +€186,095
up €186,095 (+208%), from €89,650 to €275,745
- Taxes +€43,954
up €43,954 (+230%), from €19,118 to €63,073
- Depreciation +€10,216
new in 2025: €10,216
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €120,208 | €392,392 | +€272,184 | +226% |
| Fixed assets | 21/28 | €1,000 | €33,371 | +€32,371 | +3,237% |
| Tangible fixed assets | 22/27 | - | €32,371 | +€32,371 | |
| Furniture and vehicles | 24 | - | €23,482 | +€23,482 | |
| Other tangible fixed assets | 26 | - | €8,889 | +€8,889 | |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €119,208 | €359,021 | +€239,812 | +201% |
| Amounts receivable within one year | 40/41 | €4,588 | €104,513 | +€99,925 | +2,178% |
| Trade receivables | 40 | €0 | €3,178 | +€3,178 | |
| Other amounts receivable | 41 | €4,588 | €101,335 | +€96,747 | +2,109% |
| Current investments | 50/53 | €60,000 | €0 | -€60,000 | -100% |
| Cash at bank and in hand | 54/58 | €54,621 | €254,508 | +€199,888 | +366% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €120,208 | €392,392 | +€272,184 | +226% |
| Equity | 10/15 | €91,150 | €293,485 | +€202,334 | +222% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €91,149 | €293,484 | +€202,334 | +222% |
| Distributable reserves | 133 | €91,149 | €293,484 | +€202,334 | +222% |
| Amounts payable | 17/49 | €29,058 | €98,907 | +€69,849 | +240% |
| Amounts payable within one year | 42/48 | €29,058 | €98,391 | +€69,333 | +239% |
| Trade debts | 44 | €639 | €280 | -€359 | -56.2% |
| Suppliers | 440/4 | €639 | €280 | -€359 | -56.2% |
| Taxes, remuneration and social security | 45 | €21,668 | €86,892 | +€65,224 | +301% |
| Taxes | 450/3 | €20,168 | €84,392 | +€64,224 | +318% |
| Remuneration and social security | 454/9 | €1,500 | €2,500 | +€1,000 | +66.7% |
| Other amounts payable | 47/48 | €6,751 | €11,219 | +€4,468 | +66.2% |
| Accrued charges and deferred income | 492/3 | - | €516 | +€516 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €10,216 | +€10,216 | |
| Other operating charges | 640/8 | €722 | €1,157 | +€435 | +60.2% |
| Gross operating margin | 9900 | €89,650 | €275,745 | +€186,095 | +208% |
| Operating profit (loss) | 9901 | €88,928 | €264,373 | +€175,445 | +197% |
| Financial income | 75/76B | €0 | €1,690 | +€1,690 | +16,895,000% |
| Recurring financial income | 75 | €0 | €1,690 | +€1,690 | +16,895,000% |
| Financial charges | 65/66B | €145 | €655 | +€510 | +351% |
| Recurring financial charges | 65 | €145 | €655 | +€510 | +351% |
| Profit (loss) for the period before taxes | 9903 | €88,783 | €265,407 | +€176,624 | +199% |
| Income taxes | 67/77 | €19,118 | €63,073 | +€43,954 | +230% |
| Profit (loss) for the period | 9904 | €69,664 | €202,334 | +€132,670 | +190% |
| Profit (loss) for the period to be appropriated | 9905 | €69,664 | €202,334 | +€132,670 | +190% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.