DR. JONGBLOET THOMAS: 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. JONGBLOET THOMAS
Largest movements
- Cash +€76,458
up €76,458 (+378%), from €20,222 to €96,681
mainly Net result for the year (+€109,824) and Depreciation (+€13,715)
- Receivables within one year +€25,863
up €25,863 (+362%), from €7,135 to €32,998
of which Other amounts receivable: +€26,199
- Tangible fixed assets -€10,235
down €10,235 (-15.8%), from €64,855 to €54,620
of which Furniture and vehicles: -€8,124
- Reserves +€109,824
up €109,824 (+185%), from €59,384 to €169,208
- Other debts -€13,995
down €13,995 (-66.3%), from €21,110 to €7,115
- Debts after one year -€7,965
down €7,965 (-31.2%), from €25,531 to €17,566
- Tax, wage and social debts +€5,214
up €5,214 (+19.5%), from €26,769 to €31,984
- Gross operating margin +€67,816
up €67,816 (+76.8%), from €88,273 to €156,089
- Taxes +€6,774
up €6,774 (+28.1%), from €24,143 to €30,917
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 | €146,231 | €239,500 | +€93,269 | +63.8% |
| Fixed assets | 21/28 | €114,855 | €104,620 | -€10,235 | -8.9% |
| Tangible fixed assets | 22/27 | €64,855 | €54,620 | -€10,235 | -15.8% |
| Furniture and vehicles | 24 | €45,328 | €37,204 | -€8,124 | -17.9% |
| Other tangible fixed assets | 26 | €19,527 | €17,416 | -€2,111 | -10.8% |
| Financial fixed assets | 28 | €50,000 | €50,000 | = | 0.0% |
| Current assets | 29/58 | €31,376 | €134,880 | +€103,504 | +330% |
| Amounts receivable within one year | 40/41 | €7,135 | €32,998 | +€25,863 | +362% |
| Trade receivables | 40 | €1,058 | €722 | -€336 | -31.8% |
| Other amounts receivable | 41 | €6,077 | €32,276 | +€26,199 | +431% |
| Cash at bank and in hand | 54/58 | €20,222 | €96,681 | +€76,458 | +378% |
| Deferred charges and accrued income | 490/1 | €4,018 | €5,201 | +€1,183 | +29.4% |
| Total equity and liabilities | 10/49 | €146,231 | €239,500 | +€93,269 | +63.8% |
| Equity | 10/15 | €64,384 | €174,208 | +€109,824 | +171% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €59,384 | €169,208 | +€109,824 | +185% |
| Distributable reserves | 133 | €59,384 | €169,208 | +€109,824 | +185% |
| Amounts payable | 17/49 | €81,846 | €65,291 | -€16,555 | -20.2% |
| Amounts payable after more than one year | 17 | €25,531 | €17,566 | -€7,965 | -31.2% |
| Financial debts | 170/4 | €25,531 | €17,566 | -€7,965 | -31.2% |
| Amounts payable within one year | 42/48 | €56,315 | €47,725 | -€8,590 | -15.3% |
| Current portion of amounts payable after more than one year | 42 | €7,677 | €7,965 | +€288 | +3.8% |
| Trade debts | 44 | €760 | €662 | -€98 | -12.9% |
| Suppliers | 440/4 | €760 | €662 | -€98 | -12.9% |
| Taxes, remuneration and social security | 45 | €26,769 | €31,984 | +€5,214 | +19.5% |
| Taxes | 450/3 | €26,769 | €31,984 | +€5,214 | +19.5% |
| Other amounts payable | 47/48 | €21,110 | €7,115 | -€13,995 | -66.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,476 | €13,715 | +€1,239 | +9.9% |
| Other operating charges | 640/8 | €294 | €423 | +€129 | +43.9% |
| Gross operating margin | 9900 | €88,273 | €156,089 | +€67,816 | +76.8% |
| Operating profit (loss) | 9901 | €75,503 | €141,951 | +€66,448 | +88.0% |
| Financial income | 75/76B | €60 | €282 | +€222 | +370% |
| Recurring financial income | 75 | €60 | €282 | +€222 | +370% |
| Financial charges | 65/66B | €1,522 | €1,492 | -€30 | -2.0% |
| Recurring financial charges | 65 | €1,522 | €1,492 | -€30 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | €74,041 | €140,741 | +€66,700 | +90.1% |
| Income taxes | 67/77 | €24,143 | €30,917 | +€6,774 | +28.1% |
| Profit (loss) for the period | 9904 | €49,899 | €109,824 | +€59,925 | +120% |
| Profit (loss) for the period to be appropriated | 9905 | €49,899 | €109,824 | +€59,925 | +120% |
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 20 October 2026 via checked.be.