DR. JOHN VAN OVERSCHELDE: 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. JOHN VAN OVERSCHELDE
Largest movements
- Cash +€98,639
up €98,639 (+68.5%), from €143,935 to €242,574
mainly Net result for the year (+€58,147) and Depreciation (+€55,042)
- Tangible fixed assets -€51,675
down €51,675 (-19.6%), from €263,938 to €212,263
of which Land and buildings: -€27,664
- Receivables within one year -€42,135
down €42,135 (-38.9%), from €108,247 to €66,112
- Current investments -€35,000
down €35,000 (-70.0%), from €50,000 to €15,000
- Debts after one year -€41,605
down €41,605 (-30.3%), from €137,339 to €95,734
- Other debts +€41,328
up €41,328 (+142%), from €29,169 to €70,497
- Reserves -€12,350
down €12,350 (-3.8%), from €322,487 to €310,137
of which Distributable reserves: -€12,350
- Trade debts -€11,185
down €11,185 (-61.4%), from €18,222 to €7,037
- Financial charges +€16,178
up €16,178 (+25.5%), from €63,489 to €79,667
- Gross operating margin +€9,564
up €9,564 (+4.5%), from €212,405 to €221,969
- Staff costs +€6,533
new in 2025: €6,533
- Taxes -€3,401
down €3,401 (-11.7%), from €28,948 to €25,547
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 | €577,279 | €552,360 | -€24,919 | -4.3% |
| Fixed assets | 21/28 | €264,938 | €213,263 | -€51,675 | -19.5% |
| Tangible fixed assets | 22/27 | €263,938 | €212,263 | -€51,675 | -19.6% |
| Land and buildings | 22 | €195,464 | €167,800 | -€27,664 | -14.2% |
| Plant, machinery and equipment | 23 | €4,170 | €922 | -€3,248 | -77.9% |
| Furniture and vehicles | 24 | €64,304 | €43,541 | -€20,763 | -32.3% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €312,341 | €339,097 | +€26,756 | +8.6% |
| Amounts receivable within one year | 40/41 | €108,247 | €66,112 | -€42,135 | -38.9% |
| Other amounts receivable | 41 | €108,247 | €66,112 | -€42,135 | -38.9% |
| Current investments | 50/53 | €50,000 | €15,000 | -€35,000 | -70.0% |
| Cash at bank and in hand | 54/58 | €143,935 | €242,574 | +€98,639 | +68.5% |
| Deferred charges and accrued income | 490/1 | €10,159 | €15,411 | +€5,252 | +51.7% |
| Total equity and liabilities | 10/49 | €577,279 | €552,360 | -€24,919 | -4.3% |
| Equity | 10/15 | €334,887 | €322,537 | -€12,350 | -3.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €322,487 | €310,137 | -€12,350 | -3.8% |
| Tax-exempt reserves | 132 | €413 | €413 | = | 0.0% |
| Distributable reserves | 133 | €322,074 | €309,724 | -€12,350 | -3.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €242,392 | €229,823 | -€12,569 | -5.2% |
| Amounts payable after more than one year | 17 | €137,339 | €95,734 | -€41,605 | -30.3% |
| Financial debts | 170/4 | €137,339 | €95,734 | -€41,605 | -30.3% |
| Amounts payable within one year | 42/48 | €105,053 | €133,525 | +€28,473 | +27.1% |
| Current portion of amounts payable after more than one year | 42 | €45,988 | €45,178 | -€811 | -1.8% |
| Trade debts | 44 | €18,222 | €7,037 | -€11,185 | -61.4% |
| Suppliers | 440/4 | €18,222 | €7,037 | -€11,185 | -61.4% |
| Taxes, remuneration and social security | 45 | €11,673 | €10,815 | -€859 | -7.4% |
| Taxes | 450/3 | €6,673 | €5,815 | -€859 | -12.9% |
| Remuneration and social security | 454/9 | €5,000 | €5,000 | = | 0.0% |
| Other amounts payable | 47/48 | €29,169 | €70,497 | +€41,328 | +142% |
| Accrued charges and deferred income | 492/3 | €0 | €563 | +€563 | |
| Remuneration, social security and pensions | 62 | - | €6,533 | +€6,533 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,855 | €55,042 | +€188 | +0.3% |
| Other operating charges | 640/8 | €2,756 | €2,478 | -€278 | -10.1% |
| Gross operating margin | 9900 | €212,405 | €221,969 | +€9,564 | +4.5% |
| Operating profit (loss) | 9901 | €154,794 | €157,916 | +€3,121 | +2.0% |
| Financial income | 75/76B | €4,378 | €5,445 | +€1,067 | +24.4% |
| Recurring financial income | 75 | €4,378 | €5,445 | +€1,067 | +24.4% |
| Financial charges | 65/66B | €63,489 | €79,667 | +€16,178 | +25.5% |
| Recurring financial charges | 65 | €63,489 | €79,667 | +€16,178 | +25.5% |
| Profit (loss) for the period before taxes | 9903 | €95,682 | €83,693 | -€11,989 | -12.5% |
| Income taxes | 67/77 | €28,948 | €25,547 | -€3,401 | -11.7% |
| Profit (loss) for the period | 9904 | €66,735 | €58,147 | -€8,588 | -12.9% |
| Profit (loss) for the period to be appropriated | 9905 | €66,735 | €58,147 | -€8,588 | -12.9% |
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 19 October 2026 via checked.be.