Erik Gijbels: what changed
Erik Gijbels
Largest movements
- Current investments +€25,989
up €25,989 (+14.3%), from €181,172 to €207,161
- Tax, wage and social debts +€10,686
up €10,686 (+103%), from €10,395 to €21,081
- Reserves +€9,303
up €9,303 (+7.2%), from €129,092 to €138,395
- Other debts +€7,800
up €7,800 (+18.5%), from €42,129 to €49,929
- Gross operating margin +€3,181
up €3,181 (+7.0%), from €45,544 to €48,725
- Taxes +€602
up €602 (+4.0%), from €14,938 to €15,540
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €188,480 | €215,644 | +€27,164 | +14.4% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €51 | €0 | -€51 | -100% |
| Tangible fixed assets | 22/27 | €51 | €0 | -€51 | -100% |
| Plant, machinery and equipment | 23 | €51 | €0 | -€51 | -100% |
| Furniture and vehicles | 24 | - | €0 | = | |
| Current assets | 29/58 | €188,429 | €215,644 | +€27,215 | +14.4% |
| Stocks and contracts in progress | 3 | €1,112 | €1,170 | +€59 | +5.3% |
| Stocks | 30/36 | €1,112 | €1,170 | +€59 | +5.3% |
| Amounts receivable within one year | 40/41 | €6,146 | €7,312 | +€1,167 | +19.0% |
| Trade receivables | 40 | €5,190 | €7,030 | +€1,840 | +35.4% |
| Other amounts receivable | 41 | €955 | €283 | -€673 | -70.4% |
| Current investments | 50/53 | €181,172 | €207,161 | +€25,989 | +14.3% |
| Deferred charges and accrued income | 490/1 | - | €0 | +€0 | |
| Total equity and liabilities | 10/49 | €188,480 | €215,644 | +€27,164 | +14.4% |
| Equity | 10/15 | €135,292 | €144,595 | +€9,303 | +6.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €129,092 | €138,395 | +€9,303 | +7.2% |
| Distributable reserves | 133 | €129,092 | €138,395 | +€9,303 | +7.2% |
| Amounts payable | 17/49 | €53,187 | €71,049 | +€17,861 | +33.6% |
| Amounts payable within one year | 42/48 | €53,187 | €71,049 | +€17,861 | +33.6% |
| Trade debts | 44 | €663 | €38 | -€625 | -94.3% |
| Suppliers | 440/4 | €663 | €38 | -€625 | -94.3% |
| Taxes, remuneration and social security | 45 | €10,395 | €21,081 | +€10,686 | +103% |
| Taxes | 450/3 | €10,395 | €21,081 | +€10,686 | +103% |
| Other amounts payable | 47/48 | €42,129 | €49,929 | +€7,800 | +18.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €170 | €51 | -€119 | -70.2% |
| Other operating charges | 640/8 | €147 | €217 | +€70 | +47.6% |
| Gross operating margin | 9900 | €45,544 | €48,725 | +€3,181 | +7.0% |
| Operating profit (loss) | 9901 | €45,227 | €48,458 | +€3,230 | +7.1% |
| Financial income | 75/76B | €135 | €69 | -€66 | -48.6% |
| Recurring financial income | 75 | €135 | €69 | -€66 | -48.6% |
| Financial charges | 65/66B | €124 | €84 | -€40 | -32.2% |
| Recurring financial charges | 65 | €124 | €84 | -€40 | -32.2% |
| Profit (loss) for the period before taxes | 9903 | €45,238 | €48,443 | +€3,205 | +7.1% |
| Income taxes | 67/77 | €14,938 | €15,540 | +€602 | +4.0% |
| Profit (loss) for the period | 9904 | €30,300 | €32,903 | +€2,602 | +8.6% |
| Profit (loss) for the period to be appropriated | 9905 | €30,300 | €32,903 | +€2,602 | +8.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.