ERIC JANSSENS: 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.
ERIC JANSSENS
Largest movements
- Receivables within one year +€66,900
up €66,900 (+62.6%), from €106,791 to €173,691
of which Other amounts receivable: +€92,002
- Stocks and contracts -€40,883
down €40,883 (-20.4%), from €200,237 to €159,354
- Tax, wage and social debts +€91,538
up €91,538 (+280%), from €32,642 to €124,180
- Other debts -€32,598
down €32,598 (-70.6%), from €46,165 to €13,567
- Trade debts -€22,610
down €22,610 (-76.1%), from €29,705 to €7,095
- Debts after one year -€10,349
no longer reported in 2024 (was €10,349)
- Gross operating margin -€69,863
down €69,863 (-69.6%), from €100,432 to €30,569
- Taxes +€14,298
up €14,298, from -€2,206 to €12,092
- Other operating charges -€2,353
down €2,353 (-51.9%), from €4,536 to €2,183
- Depreciation +€1,406
up €1,406 (+11.2%), from €12,535 to €13,941
- Financial income -€1,198
down €1,198 (-49.8%), from €2,404 to €1,206
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €353,003 | €379,724 | +€26,721 | +7.6% |
| Fixed assets | 21/28 | €33,989 | €31,029 | -€2,960 | -8.7% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €33,959 | €30,999 | -€2,960 | -8.7% |
| Land and buildings | 22 | €8,402 | €12,057 | +€3,655 | +43.5% |
| Plant, machinery and equipment | 23 | €5,500 | €6,687 | +€1,187 | +21.6% |
| Furniture and vehicles | 24 | €20,057 | €12,255 | -€7,802 | -38.9% |
| Financial fixed assets | 28 | €30 | €30 | -€0 | -0.1% |
| Current assets | 29/58 | €319,014 | €348,695 | +€29,681 | +9.3% |
| Stocks and contracts in progress | 3 | €200,237 | €159,354 | -€40,883 | -20.4% |
| Stocks | 30/36 | €200,237 | €159,354 | -€40,883 | -20.4% |
| Amounts receivable within one year | 40/41 | €106,791 | €173,691 | +€66,900 | +62.6% |
| Trade receivables | 40 | €99,331 | €74,229 | -€25,102 | -25.3% |
| Other amounts receivable | 41 | €7,460 | €99,462 | +€92,002 | +1,233% |
| Cash at bank and in hand | 54/58 | €11,986 | €15,650 | +€3,664 | +30.6% |
| Total equity and liabilities | 10/49 | €353,003 | €379,724 | +€26,721 | +7.6% |
| Equity | 10/15 | €224,238 | €224,533 | +€295 | +0.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | - | €20,000 | +€20,000 | |
| Share premium | 1100/10 | - | €20,000 | +€20,000 | |
| Reserves | 13 | €204,238 | €204,533 | +€295 | +0.1% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €202,238 | €202,533 | +€295 | +0.1% |
| Amounts payable | 17/49 | €128,765 | €155,191 | +€26,426 | +20.5% |
| Amounts payable after more than one year | 17 | €10,349 | - | -€10,349 | |
| Financial debts | 170/4 | €10,349 | - | -€10,349 | |
| Amounts payable within one year | 42/48 | €118,416 | €155,191 | +€36,775 | +31.1% |
| Current portion of amounts payable after more than one year | 42 | €9,904 | €10,349 | +€445 | +4.5% |
| Trade debts | 44 | €29,705 | €7,095 | -€22,610 | -76.1% |
| Suppliers | 440/4 | €29,705 | €7,095 | -€22,610 | -76.1% |
| Taxes, remuneration and social security | 45 | €32,642 | €124,180 | +€91,538 | +280% |
| Taxes | 450/3 | €32,642 | €124,180 | +€91,538 | +280% |
| Other amounts payable | 47/48 | €46,165 | €13,567 | -€32,598 | -70.6% |
| Non-recurring operating income | 76A | €5,176 | €13,157 | +€7,981 | +154% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,535 | €13,941 | +€1,406 | +11.2% |
| Other operating charges | 640/8 | €4,536 | €2,183 | -€2,353 | -51.9% |
| Gross operating margin | 9900 | €100,432 | €30,569 | -€69,863 | -69.6% |
| Operating profit (loss) | 9901 | €83,361 | €14,445 | -€68,916 | -82.7% |
| Financial income | 75/76B | €2,404 | €1,206 | -€1,198 | -49.8% |
| Recurring financial income | 75 | €2,404 | €1,206 | -€1,198 | -49.8% |
| Financial charges | 65/66B | €3,566 | €3,264 | -€302 | -8.5% |
| Recurring financial charges | 65 | €3,566 | €3,264 | -€302 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €82,199 | €12,387 | -€69,812 | -84.9% |
| Income taxes | 67/77 | -€2,206 | €12,092 | +€14,298 | |
| Profit (loss) for the period | 9904 | €84,405 | €294 | -€84,111 | -99.7% |
| Profit (loss) for the period to be appropriated | 9905 | €84,405 | €294 | -€84,111 | -99.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.