Gijs Van Laer: what changed
Gijs Van Laer
Largest movements
- Cash +€9,189
up €9,189 (+46.4%), from €19,809 to €28,998
mainly Net result for the year (+€17,823) and Current portion of long-term debt (+€6,886)
- Tangible fixed assets +€6,518
up €6,518 (+39.4%), from €16,550 to €23,069
of which Furniture and vehicles: +€8,741
- Current portion of long-term debt +€6,886
new in 2025: €6,886
- Other debts +€5,944
up €5,944 (+15.3%), from €38,745 to €44,689
- Tax, wage and social debts +€5,651
up €5,651 (+82.8%), from €6,825 to €12,477
of which Taxes: +€5,644
- Reserves -€3,185
down €3,185 (-53.0%), from €6,008 to €2,823
- Gross operating margin +€4,516
up €4,516 (+16.1%), from €28,106 to €32,622
- Financial charges +€1,338
up €1,338 (+74.6%), from €1,794 to €3,132
- Financial income -€691
down €691 (-48.5%), from €1,425 to €734
- Depreciation +€343
up €343 (+9.3%), from €3,699 to €4,043
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
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €62,017 | €78,433 | +€16,416 | +26.5% |
| Fixed assets | 21/28 | €16,550 | €23,069 | +€6,518 | +39.4% |
| Tangible fixed assets | 22/27 | €16,550 | €23,069 | +€6,518 | +39.4% |
| Plant, machinery and equipment | 23 | €5,390 | €4,239 | -€1,151 | -21.4% |
| Furniture and vehicles | 24 | €2,717 | €11,457 | +€8,741 | +322% |
| Other tangible fixed assets | 26 | €8,443 | €7,372 | -€1,071 | -12.7% |
| Current assets | 29/58 | €45,466 | €55,364 | +€9,898 | +21.8% |
| Amounts receivable after more than one year | 29 | €12,000 | €12,000 | = | 0.0% |
| Other amounts receivable | 291 | €12,000 | €12,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,470 | €8,470 | = | 0.0% |
| Trade receivables | 40 | €8,470 | €8,470 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €19,809 | €28,998 | +€9,189 | +46.4% |
| Deferred charges and accrued income | 490/1 | €5,187 | €5,896 | +€708 | +13.7% |
| Total equity and liabilities | 10/49 | €62,017 | €78,433 | +€16,416 | +26.5% |
| Equity | 10/15 | €12,208 | €9,023 | -€3,185 | -26.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €6,008 | €2,823 | -€3,185 | -53.0% |
| Distributable reserves | 133 | €6,008 | €2,823 | -€3,185 | -53.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €49,809 | €69,410 | +€19,601 | +39.4% |
| Amounts payable within one year | 42/48 | €48,733 | €67,783 | +€19,050 | +39.1% |
| Current portion of amounts payable after more than one year | 42 | - | €6,886 | +€6,886 | |
| Trade debts | 44 | €3,163 | €3,732 | +€569 | +18.0% |
| Suppliers | 440/4 | €3,163 | €3,732 | +€569 | +18.0% |
| Taxes, remuneration and social security | 45 | €6,825 | €12,477 | +€5,651 | +82.8% |
| Taxes | 450/3 | €5,633 | €11,277 | +€5,644 | +100% |
| Remuneration and social security | 454/9 | €1,192 | €1,199 | +€7 | +0.6% |
| Other amounts payable | 47/48 | €38,745 | €44,689 | +€5,944 | +15.3% |
| Accrued charges and deferred income | 492/3 | €1,076 | €1,627 | +€550 | +51.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,699 | €4,043 | +€343 | +9.3% |
| Other operating charges | 640/8 | €705 | €520 | -€186 | -26.3% |
| Gross operating margin | 9900 | €28,106 | €32,622 | +€4,516 | +16.1% |
| Operating profit (loss) | 9901 | €23,701 | €28,060 | +€4,359 | +18.4% |
| Financial income | 75/76B | €1,425 | €734 | -€691 | -48.5% |
| Recurring financial income | 75 | €1,425 | €734 | -€691 | -48.5% |
| Financial charges | 65/66B | €1,794 | €3,132 | +€1,338 | +74.6% |
| Recurring financial charges | 65 | €1,794 | €3,132 | +€1,338 | +74.6% |
| Profit (loss) for the period before taxes | 9903 | €23,332 | €25,662 | +€2,330 | +10.0% |
| Income taxes | 67/77 | €7,628 | €7,839 | +€211 | +2.8% |
| Profit (loss) for the period | 9904 | €15,704 | €17,823 | +€2,119 | +13.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,704 | €17,823 | +€2,119 | +13.5% |
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 5 November 2026 via checked.be.