DR. JAN VAN HOUCKE: what changed
DR. JAN VAN HOUCKE
Largest movements
- Cash +€551,904
up €551,904 (+2,636%), from €20,937 to €572,840
mainly Net result for the year (+€277,722) and Current investments (+€239,000)
- Current investments -€239,000
down €239,000 (-100%), from €239,000 to €0
- Tangible fixed assets -€10,716
down €10,716 (-22.7%), from €47,115 to €36,399
of which Furniture and vehicles: -€11,294
- Reserves +€277,722
up €277,722 (+91.7%), from €302,891 to €580,613
- Tax, wage and social debts +€27,388
up €27,388 (+47.7%), from €57,371 to €84,759
- Gross operating margin +€111,738
up €111,738 (+43.2%), from €258,781 to €370,519
- Taxes +€29,118
up €29,118 (+50.8%), from €57,371 to €86,489
- Financial income +€5,769
new in 2025: €5,769
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 | €363,795 | €668,784 | +€304,989 | +83.8% |
| Fixed assets | 21/28 | €47,115 | €37,399 | -€9,716 | -20.6% |
| Tangible fixed assets | 22/27 | €47,115 | €36,399 | -€10,716 | -22.7% |
| Plant, machinery and equipment | 23 | - | €578 | +€578 | |
| Furniture and vehicles | 24 | €47,115 | €35,821 | -€11,294 | -24.0% |
| Financial fixed assets | 28 | - | €1,000 | +€1,000 | |
| Current assets | 29/58 | €316,680 | €631,385 | +€314,705 | +99.4% |
| Amounts receivable within one year | 40/41 | €153 | €441 | +€288 | +188% |
| Other amounts receivable | 41 | €153 | €441 | +€288 | +188% |
| Current investments | 50/53 | €239,000 | €0 | -€239,000 | -100% |
| Cash at bank and in hand | 54/58 | €20,937 | €572,840 | +€551,904 | +2,636% |
| Deferred charges and accrued income | 490/1 | €56,590 | €58,103 | +€1,513 | +2.7% |
| Total equity and liabilities | 10/49 | €363,795 | €668,784 | +€304,989 | +83.8% |
| Equity | 10/15 | €305,891 | €583,613 | +€277,722 | +90.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €302,891 | €580,613 | +€277,722 | +91.7% |
| Distributable reserves | 133 | €302,891 | €580,613 | +€277,722 | +91.7% |
| Amounts payable | 17/49 | €57,904 | €85,171 | +€27,267 | +47.1% |
| Amounts payable within one year | 42/48 | €57,904 | €85,171 | +€27,267 | +47.1% |
| Trade debts | 44 | €533 | €412 | -€121 | -22.6% |
| Suppliers | 440/4 | €533 | €412 | -€121 | -22.6% |
| Taxes, remuneration and social security | 45 | €57,371 | €84,759 | +€27,388 | +47.7% |
| Taxes | 450/3 | €57,371 | €84,759 | +€27,388 | +47.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,726 | €12,034 | +€308 | +2.6% |
| Gross operating margin | 9900 | €258,781 | €370,519 | +€111,738 | +43.2% |
| Operating profit (loss) | 9901 | €247,055 | €358,486 | +€111,430 | +45.1% |
| Financial income | 75/76B | - | €5,769 | +€5,769 | |
| Recurring financial income | 75 | - | €5,769 | +€5,769 | |
| Financial charges | 65/66B | €36 | €44 | +€8 | +21.7% |
| Recurring financial charges | 65 | €36 | €44 | +€8 | +21.7% |
| Profit (loss) for the period before taxes | 9903 | €247,020 | €364,211 | +€117,191 | +47.4% |
| Income taxes | 67/77 | €57,371 | €86,489 | +€29,118 | +50.8% |
| Profit (loss) for the period | 9904 | €189,649 | €277,722 | +€88,073 | +46.4% |
| Profit (loss) for the period to be appropriated | 9905 | €189,649 | €277,722 | +€88,073 | +46.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.