Dr. Jorne Van Overloop: what changed
Two fiscal 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. Jorne Van Overloop
Largest movements
- Cash -€59,452
down €59,452 (-43.5%), from €136,578 to €77,127
mainly Contributions, distributions and other (-€196,834) and Other debts (-€91,381)
- Tangible fixed assets -€14,171
down €14,171 (-26.3%), from €53,925 to €39,754
of which Leasing and similar rights: -€12,229
- Receivables within one year -€11,142
down €11,142 (-11.1%), from €100,342 to €89,200
of which Other amounts receivable: -€42,940
- Other debts -€91,381
down €91,381 (-42.7%), from €213,838 to €122,457
- Tax, wage and social debts +€13,962
up €13,962 (+98.8%), from €14,126 to €28,089
- Debts after one year -€12,263
down €12,263 (-33.1%), from €37,083 to €24,820
- Trade debts +€4,123
up €4,123 (+335.6%), from €1,228 to €5,351
- Gross operating margin -€21,557
down €21,557 (-7.2%), from €297,901 to €276,344
- Taxes -€4,837
down €4,837 (-7.3%), from €66,403 to €61,566
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.
Cash bridge derived
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 | €296,690 | €211,579 | -€85,111 | -28.7% |
| Fixed assets | 21/28 | €53,925 | €39,754 | -€14,171 | -26.3% |
| Tangible fixed assets | 22/27 | €53,925 | €39,754 | -€14,171 | -26.3% |
| Plant, machinery and equipment | 23 | €762 | €360 | -€402 | -52.8% |
| Furniture and vehicles | 24 | €4,631 | €3,091 | -€1,540 | -33.2% |
| Leasing and similar rights | 25 | €48,532 | €36,303 | -€12,229 | -25.2% |
| Current assets | 29/58 | €242,765 | €171,825 | -€70,940 | -29.2% |
| Amounts receivable within one year | 40/41 | €100,342 | €89,200 | -€11,142 | -11.1% |
| Trade receivables | 40 | €57,402 | €89,200 | +€31,798 | +55.4% |
| Other amounts receivable | 41 | €42,940 | €0 | -€42,940 | -100.0% |
| Cash at bank and in hand | 54/58 | €136,578 | €77,127 | -€59,452 | -43.5% |
| Deferred charges and accrued income | 490/1 | €5,845 | €5,498 | -€347 | -5.9% |
| Total equity and liabilities | 10/49 | €296,690 | €211,579 | -€85,111 | -28.7% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €278,090 | €192,979 | -€85,111 | -30.6% |
| Amounts payable after more than one year | 17 | €37,083 | €24,820 | -€12,263 | -33.1% |
| Financial debts | 170/4 | €37,083 | €24,820 | -€12,263 | -33.1% |
| Amounts payable within one year | 42/48 | €241,007 | €168,159 | -€72,848 | -30.2% |
| Current portion of amounts payable after more than one year | 42 | €11,815 | €12,263 | +€448 | +3.8% |
| Trade debts | 44 | €1,228 | €5,351 | +€4,123 | +335.6% |
| Suppliers | 440/4 | €1,228 | €5,351 | +€4,123 | +335.6% |
| Taxes, remuneration and social security | 45 | €14,126 | €28,089 | +€13,962 | +98.8% |
| Taxes | 450/3 | €14,126 | €28,089 | +€13,962 | +98.8% |
| Other amounts payable | 47/48 | €213,838 | €122,457 | -€91,381 | -42.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,830 | €14,171 | +€341 | +2.5% |
| Other operating charges | 640/8 | €3,342 | €3,393 | +€52 | +1.5% |
| Gross operating margin | 9900 | €297,901 | €276,344 | -€21,557 | -7.2% |
| Operating profit (loss) | 9901 | €280,730 | €258,780 | -€21,950 | -7.8% |
| Financial income | 75/76B | €2,350 | €1,745 | -€605 | -25.8% |
| Recurring financial income | 75 | €2,350 | €1,745 | -€605 | -25.8% |
| Financial charges | 65/66B | €2,839 | €2,126 | -€714 | -25.1% |
| Recurring financial charges | 65 | €2,839 | €2,126 | -€714 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | €280,241 | €258,399 | -€21,841 | -7.8% |
| Income taxes | 67/77 | €66,403 | €61,566 | -€4,837 | -7.3% |
| Profit (loss) for the period | 9904 | €213,838 | €196,834 | -€17,004 | -8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €213,838 | €196,834 | -€17,004 | -8.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.