Ingrid Janssens: what changed
Ingrid Janssens
Largest movements
- Tangible fixed assets +€63,847
up €63,847 (+31.1%), from €205,321 to €269,168
of which Other tangible fixed assets: +€56,703
- Intangible fixed assets -€62,279
down €62,279 (-20.2%), from €308,751 to €246,472
- Cash +€24,017
up €24,017 (+315%), from €7,616 to €31,633
mainly Depreciation (+€106,039) and Other debts (+€49,611)
- Current portion of long-term debt -€59,693
down €59,693 (-79.5%), from €75,132 to €15,439
- Other debts +€49,611
up €49,611 (+304%), from €16,343 to €65,954
- Trade debts +€36,405
up €36,405 (+1,346%), from €2,705 to €39,110
- Tax, wage and social debts +€26,813
up €26,813 (+176%), from €15,201 to €42,014
of which Remuneration and social security: +€29,371
- Reserves -€23,280
down €23,280 (-46.5%), from €50,074 to €26,794
- Gross operating margin +€75,701
up €75,701 (+33.5%), from €225,878 to €301,578
- Depreciation +€47,215
up €47,215 (+80.3%), from €58,824 to €106,039
- Staff costs +€24,035
up €24,035 (+18.0%), from €133,812 to €157,848
- Other operating charges +€7,312
up €7,312 (+1,182%), from €618 to €7,930
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 | €563,815 | €585,784 | +€21,969 | +3.9% |
| Fixed assets | 21/28 | €514,072 | €515,639 | +€1,568 | +0.3% |
| Intangible fixed assets | 21 | €308,751 | €246,472 | -€62,279 | -20.2% |
| Tangible fixed assets | 22/27 | €205,321 | €269,168 | +€63,847 | +31.1% |
| Furniture and vehicles | 24 | €11,282 | €18,426 | +€7,144 | +63.3% |
| Other tangible fixed assets | 26 | €194,038 | €250,741 | +€56,703 | +29.2% |
| Current assets | 29/58 | €49,743 | €70,145 | +€20,401 | +41.0% |
| Amounts receivable within one year | 40/41 | €40,527 | €35,790 | -€4,737 | -11.7% |
| Trade receivables | 40 | €39,318 | €35,790 | -€3,528 | -9.0% |
| Other amounts receivable | 41 | €1,210 | €0 | -€1,210 | -100% |
| Cash at bank and in hand | 54/58 | €7,616 | €31,633 | +€24,017 | +315% |
| Deferred charges and accrued income | 490/1 | €1,600 | €2,722 | +€1,122 | +70.1% |
| Total equity and liabilities | 10/49 | €563,815 | €585,784 | +€21,969 | +3.9% |
| Equity | 10/15 | €55,074 | €31,794 | -€23,280 | -42.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €50,074 | €26,794 | -€23,280 | -46.5% |
| Distributable reserves | 133 | €50,074 | €26,794 | -€23,280 | -46.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €508,741 | €553,990 | +€45,250 | +8.9% |
| Amounts payable after more than one year | 17 | €397,859 | €390,129 | -€7,730 | -1.9% |
| Financial debts | 170/4 | €397,859 | €390,129 | -€7,730 | -1.9% |
| Amounts payable within one year | 42/48 | €109,381 | €162,517 | +€53,135 | +48.6% |
| Current portion of amounts payable after more than one year | 42 | €75,132 | €15,439 | -€59,693 | -79.5% |
| Trade debts | 44 | €2,705 | €39,110 | +€36,405 | +1,346% |
| Suppliers | 440/4 | €2,705 | €39,110 | +€36,405 | +1,346% |
| Taxes, remuneration and social security | 45 | €15,201 | €42,014 | +€26,813 | +176% |
| Taxes | 450/3 | €7,972 | €5,415 | -€2,558 | -32.1% |
| Remuneration and social security | 454/9 | €7,229 | €36,599 | +€29,371 | +406% |
| Other amounts payable | 47/48 | €16,343 | €65,954 | +€49,611 | +304% |
| Accrued charges and deferred income | 492/3 | €1,501 | €1,345 | -€156 | -10.4% |
| Remuneration, social security and pensions | 62 | €133,812 | €157,848 | +€24,035 | +18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,824 | €106,039 | +€47,215 | +80.3% |
| Other operating charges | 640/8 | €618 | €7,930 | +€7,312 | +1,182% |
| Gross operating margin | 9900 | €225,878 | €301,578 | +€75,701 | +33.5% |
| Operating profit (loss) | 9901 | €32,623 | €29,762 | -€2,861 | -8.8% |
| Financial income | 75/76B | €505 | €136 | -€370 | -73.2% |
| Recurring financial income | 75 | €505 | €136 | -€370 | -73.2% |
| Financial charges | 65/66B | €8,372 | €7,834 | -€539 | -6.4% |
| Recurring financial charges | 65 | €8,372 | €7,834 | -€539 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €24,755 | €22,063 | -€2,692 | -10.9% |
| Income taxes | 67/77 | €3,800 | €5,344 | +€1,544 | +40.6% |
| Profit (loss) for the period | 9904 | €20,955 | €16,720 | -€4,236 | -20.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,955 | €16,720 | -€4,236 | -20.2% |
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.