Dr. Jan Loncke: what changed
Dr. Jan Loncke
Largest movements
- Cash +€68,865
up €68,865 (+44.0%), from €156,588 to €225,453
mainly Net result for the year (+€37,797) and Tax, wage and social debts (+€20,039)
- Tangible fixed assets -€13,166
down €13,166 (-59.1%), from €22,264 to €9,098
of which Plant, machinery and equipment: -€7,848
- Receivables within one year +€5,624
up €5,624 (+189%), from €2,977 to €8,601
of which Trade receivables: +€5,624
- Reserves +€37,797
up €37,797 (+23.5%), from €161,045 to €198,842
- Tax, wage and social debts +€20,039
up €20,039 (+180%), from €11,134 to €31,173
- Trade debts +€6,081
up €6,081 (+107%), from €5,665 to €11,746
- Gross operating margin -€11,576
down €11,576 (-13.3%), from €86,824 to €75,247
- Taxes -€5,283
down €5,283 (-21.0%), from €25,215 to €19,932
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 | €185,837 | €249,230 | +€63,393 | +34.1% |
| Fixed assets | 21/28 | €22,264 | €9,098 | -€13,166 | -59.1% |
| Tangible fixed assets | 22/27 | €22,264 | €9,098 | -€13,166 | -59.1% |
| Plant, machinery and equipment | 23 | €11,792 | €3,943 | -€7,848 | -66.6% |
| Furniture and vehicles | 24 | €7,664 | €2,664 | -€5,000 | -65.2% |
| Other tangible fixed assets | 26 | €2,808 | €2,490 | -€318 | -11.3% |
| Current assets | 29/58 | €163,573 | €240,133 | +€76,559 | +46.8% |
| Stocks and contracts in progress | 3 | €3,758 | €6,079 | +€2,320 | +61.7% |
| Stocks | 30/36 | €3,758 | €6,079 | +€2,320 | +61.7% |
| Amounts receivable within one year | 40/41 | €2,977 | €8,601 | +€5,624 | +189% |
| Trade receivables | 40 | €2,977 | €8,601 | +€5,624 | +189% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €156,588 | €225,453 | +€68,865 | +44.0% |
| Deferred charges and accrued income | 490/1 | €250 | €0 | -€250 | -100% |
| Total equity and liabilities | 10/49 | €185,837 | €249,230 | +€63,393 | +34.1% |
| Equity | 10/15 | €166,045 | €203,842 | +€37,797 | +22.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €161,045 | €198,842 | +€37,797 | +23.5% |
| Distributable reserves | 133 | €161,045 | €198,842 | +€37,797 | +23.5% |
| Amounts payable | 17/49 | €19,792 | €45,388 | +€25,596 | +129% |
| Amounts payable within one year | 42/48 | €19,792 | €45,388 | +€25,596 | +129% |
| Trade debts | 44 | €5,665 | €11,746 | +€6,081 | +107% |
| Suppliers | 440/4 | €5,665 | €11,746 | +€6,081 | +107% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €11,134 | €31,173 | +€20,039 | +180% |
| Taxes | 450/3 | €11,134 | €31,173 | +€20,039 | +180% |
| Other amounts payable | 47/48 | €2,993 | €2,470 | -€523 | -17.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,200 | €13,166 | -€34 | -0.3% |
| Other operating charges | 640/8 | €3,983 | €4,237 | +€254 | +6.4% |
| Gross operating margin | 9900 | €86,824 | €75,247 | -€11,576 | -13.3% |
| Operating profit (loss) | 9901 | €69,640 | €57,844 | -€11,797 | -16.9% |
| Financial income | 75/76B | €0 | €0 | +€0 | +100% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +100% |
| Financial charges | 65/66B | €94 | €115 | +€22 | +23.4% |
| Recurring financial charges | 65 | €94 | €115 | +€22 | +23.4% |
| Profit (loss) for the period before taxes | 9903 | €69,547 | €57,728 | -€11,819 | -17.0% |
| Income taxes | 67/77 | €25,215 | €19,932 | -€5,283 | -21.0% |
| Profit (loss) for the period | 9904 | €44,332 | €37,797 | -€6,536 | -14.7% |
| Profit (loss) for the period to be appropriated | 9905 | €44,332 | €37,797 | -€6,536 | -14.7% |
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 3 November 2026 via checked.be.