Jaak Van Extergem: what changed
Jaak Van Extergem
Largest movements
- Current investments -€50,000
down €50,000 (-100%), from €50,000 to €0
- Receivables within one year +€25,521
up €25,521 (+149%), from €17,138 to €42,659
of which Trade receivables: +€20,111
- Cash +€22,699
up €22,699 (+94.5%), from €24,011 to €46,710
mainly Current investments (+€50,000) and Net result for the year (+€15,745)
- Tangible fixed assets -€5,789
down €5,789 (-18.1%), from €31,977 to €26,188
of which Plant, machinery and equipment: -€5,187
- Deferred charges and accrued income -€2,858
down €2,858 (-35.7%), from €7,998 to €5,140
- Reserves -€13,421
down €13,421 (-17.6%), from €76,227 to €62,806
- Trade debts +€4,286
up €4,286 (+63.2%), from €6,782 to €11,068
- Other debts -€3,048
down €3,048 (-8.6%), from €35,288 to €32,241
- Other operating charges -€4,191
down €4,191 (-70.0%), from €5,985 to €1,794
- Taxes -€4,026
down €4,026 (-51.8%), from €7,778 to €3,752
- Depreciation +€3,596
up €3,596 (+72.2%), from €4,980 to €8,575
- Gross operating margin -€3,046
down €3,046 (-9.8%), from €30,949 to €27,903
- Financial charges +€1,017
up €1,017 (+629%), from €162 to €1,179
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 | €137,923 | €124,902 | -€13,021 | -9.4% |
| Fixed assets | 21/28 | €33,853 | €27,137 | -€6,716 | -19.8% |
| Intangible fixed assets | 21 | €1,741 | €814 | -€927 | -53.2% |
| Tangible fixed assets | 22/27 | €31,977 | €26,188 | -€5,789 | -18.1% |
| Plant, machinery and equipment | 23 | €23,061 | €17,873 | -€5,187 | -22.5% |
| Furniture and vehicles | 24 | €2,347 | €2,915 | +€568 | +24.2% |
| Other tangible fixed assets | 26 | €6,569 | €5,399 | -€1,170 | -17.8% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €104,070 | €97,765 | -€6,305 | -6.1% |
| Stocks and contracts in progress | 3 | €4,924 | €3,256 | -€1,667 | -33.9% |
| Stocks | 30/36 | €4,924 | €3,256 | -€1,667 | -33.9% |
| Amounts receivable within one year | 40/41 | €17,138 | €42,659 | +€25,521 | +149% |
| Trade receivables | 40 | €5,077 | €25,188 | +€20,111 | +396% |
| Other amounts receivable | 41 | €12,062 | €17,471 | +€5,410 | +44.9% |
| Current investments | 50/53 | €50,000 | €0 | -€50,000 | -100% |
| Cash at bank and in hand | 54/58 | €24,011 | €46,710 | +€22,699 | +94.5% |
| Deferred charges and accrued income | 490/1 | €7,998 | €5,140 | -€2,858 | -35.7% |
| Total equity and liabilities | 10/49 | €137,923 | €124,902 | -€13,021 | -9.4% |
| Equity | 10/15 | €94,827 | €81,406 | -€13,421 | -14.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €76,227 | €62,806 | -€13,421 | -17.6% |
| Distributable reserves | 133 | €76,227 | €62,806 | -€13,421 | -17.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €43,096 | €43,495 | +€400 | +0.9% |
| Amounts payable within one year | 42/48 | €42,070 | €43,309 | +€1,239 | +2.9% |
| Trade debts | 44 | €6,782 | €11,068 | +€4,286 | +63.2% |
| Suppliers | 440/4 | €6,782 | €11,068 | +€4,286 | +63.2% |
| Other amounts payable | 47/48 | €35,288 | €32,241 | -€3,048 | -8.6% |
| Accrued charges and deferred income | 492/3 | €1,026 | €187 | -€839 | -81.8% |
| Non-recurring operating income | 76A | - | €28,802 | +€28,802 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,980 | €8,575 | +€3,596 | +72.2% |
| Other operating charges | 640/8 | €5,985 | €1,794 | -€4,191 | -70.0% |
| Gross operating margin | 9900 | €30,949 | €27,903 | -€3,046 | -9.8% |
| Operating profit (loss) | 9901 | €19,985 | €17,534 | -€2,451 | -12.3% |
| Financial income | 75/76B | €3,039 | €3,143 | +€103 | +3.4% |
| Recurring financial income | 75 | €3,039 | €3,143 | +€103 | +3.4% |
| Financial charges | 65/66B | €162 | €1,179 | +€1,017 | +629% |
| Recurring financial charges | 65 | €162 | €1,179 | +€1,017 | +629% |
| Profit (loss) for the period before taxes | 9903 | €22,862 | €19,498 | -€3,365 | -14.7% |
| Income taxes | 67/77 | €7,778 | €3,752 | -€4,026 | -51.8% |
| Profit (loss) for the period | 9904 | €15,085 | €15,745 | +€661 | +4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €15,085 | €15,745 | +€661 | +4.4% |
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 6 November 2026 via checked.be.