Dr. Van Herck Jasper: 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. Van Herck Jasper
Largest movements
- Receivables within one year -€94,492
down €94,492 (-62.8%), from €150,441 to €55,949
of which Other amounts receivable: -€99,369
- Current investments -€51,594
down €51,594 (-57.3%), from €90,000 to €38,406
- Cash +€47,229
up €47,229 (+279%), from €16,922 to €64,151
mainly Net result for the year (+€137,632) and Receivables within one year (+€94,492)
- Reserves -€220,368
down €220,368 (-96.4%), from €228,641 to €8,273
- Other debts +€88,090
new in 2025: €88,090
- Tax, wage and social debts +€32,023
up €32,023 (+98.6%), from €32,493 to €64,516
- Gross operating margin +€38,613
up €38,613 (+26.3%), from €147,019 to €185,631
- Taxes +€12,655
up €12,655 (+38.8%), from €32,592 to €45,247
- Financial income -€2,947
down €2,947 (-82.1%), from €3,591 to €644
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 | €264,249 | €166,470 | -€97,779 | -37.0% |
| Fixed assets | 21/28 | €6,886 | €5,666 | -€1,220 | -17.7% |
| Tangible fixed assets | 22/27 | €5,636 | €4,416 | -€1,220 | -21.6% |
| Plant, machinery and equipment | 23 | €2,779 | €2,930 | +€151 | +5.4% |
| Furniture and vehicles | 24 | €2,857 | €1,486 | -€1,371 | -48.0% |
| Financial fixed assets | 28 | €1,250 | €1,250 | = | 0.0% |
| Current assets | 29/58 | €257,363 | €160,804 | -€96,559 | -37.5% |
| Amounts receivable within one year | 40/41 | €150,441 | €55,949 | -€94,492 | -62.8% |
| Trade receivables | 40 | €51,072 | €55,949 | +€4,877 | +9.5% |
| Other amounts receivable | 41 | €99,369 | - | -€99,369 | |
| Current investments | 50/53 | €90,000 | €38,406 | -€51,594 | -57.3% |
| Cash at bank and in hand | 54/58 | €16,922 | €64,151 | +€47,229 | +279% |
| Deferred charges and accrued income | 490/1 | - | €2,298 | +€2,298 | |
| Total equity and liabilities | 10/49 | €264,249 | €166,470 | -€97,779 | -37.0% |
| Equity | 10/15 | €230,641 | €10,273 | -€220,368 | -95.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €228,641 | €8,273 | -€220,368 | -96.4% |
| Distributable reserves | 133 | €228,641 | €8,273 | -€220,368 | -96.4% |
| Amounts payable | 17/49 | €33,607 | €156,197 | +€122,589 | +365% |
| Amounts payable within one year | 42/48 | €33,607 | €156,197 | +€122,589 | +365% |
| Trade debts | 44 | €1,114 | €3,591 | +€2,476 | +222% |
| Suppliers | 440/4 | €1,114 | €3,591 | +€2,476 | +222% |
| Taxes, remuneration and social security | 45 | €32,493 | €64,516 | +€32,023 | +98.6% |
| Taxes | 450/3 | €32,493 | €64,516 | +€32,023 | +98.6% |
| Other amounts payable | 47/48 | - | €88,090 | +€88,090 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,731 | €2,639 | +€908 | +52.5% |
| Other operating charges | 640/8 | €212 | €338 | +€126 | +59.5% |
| Gross operating margin | 9900 | €147,019 | €185,631 | +€38,613 | +26.3% |
| Operating profit (loss) | 9901 | €145,077 | €182,655 | +€37,578 | +25.9% |
| Financial income | 75/76B | €3,591 | €644 | -€2,947 | -82.1% |
| Recurring financial income | 75 | €3,591 | €644 | -€2,947 | -82.1% |
| Financial charges | 65/66B | €122 | €420 | +€298 | +244% |
| Recurring financial charges | 65 | €122 | €420 | +€298 | +244% |
| Profit (loss) for the period before taxes | 9903 | €148,546 | €182,879 | +€34,333 | +23.1% |
| Income taxes | 67/77 | €32,592 | €45,247 | +€12,655 | +38.8% |
| Profit (loss) for the period | 9904 | €115,953 | €137,632 | +€21,679 | +18.7% |
| Profit (loss) for the period to be appropriated | 9905 | €115,953 | €137,632 | +€21,679 | +18.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.