JAAK VAN OVERSTRAETEN: 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.
JAAK VAN OVERSTRAETEN
Largest movements
- Cash +€71,238
up €71,238 (+27.9%), from €255,043 to €326,280
mainly Net result for the year (+€66,032) and Other debts (+€54,164)
- Other debts +€54,164
up €54,164 (+139%), from €39,096 to €93,260
- Reserves +€10,424
up €10,424 (+2.9%), from €359,632 to €370,056
- Current portion of long-term debt +€6,698
up €6,698 (+99.1%), from €6,761 to €13,459
- Gross operating margin -€35,459
down €35,459 (-24.0%), from €148,027 to €112,568
- Taxes -€12,414
down €12,414 (-32.4%), from €38,274 to €25,860
- Financial charges +€3,847
up €3,847 (+397%), from €969 to €4,815
- Depreciation +€2,367
up €2,367 (+17.1%), from €13,835 to €16,202
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €454,574 | €526,190 | +€71,616 | +15.8% |
| Fixed assets | 21/28 | €73,059 | €72,258 | -€802 | -1.1% |
| Tangible fixed assets | 22/27 | €73,059 | €72,258 | -€802 | -1.1% |
| Plant, machinery and equipment | 23 | €71,015 | €63,369 | -€7,647 | -10.8% |
| Furniture and vehicles | 24 | €2,044 | €8,889 | +€6,845 | +335% |
| Current assets | 29/58 | €381,515 | €453,933 | +€72,418 | +19.0% |
| Amounts receivable within one year | 40/41 | €77,378 | €78,140 | +€762 | +1.0% |
| Trade receivables | 40 | €77,378 | €64,000 | -€13,378 | -17.3% |
| Other amounts receivable | 41 | - | €14,140 | +€14,140 | |
| Current investments | 50/53 | €49,094 | €49,513 | +€418 | +0.9% |
| Cash at bank and in hand | 54/58 | €255,043 | €326,280 | +€71,238 | +27.9% |
| Total equity and liabilities | 10/49 | €454,574 | €526,190 | +€71,616 | +15.8% |
| Equity | 10/15 | €378,232 | €388,656 | +€10,424 | +2.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €359,632 | €370,056 | +€10,424 | +2.9% |
| Distributable reserves | 133 | €359,632 | €370,056 | +€10,424 | +2.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €76,342 | €137,534 | +€61,192 | +80.2% |
| Amounts payable within one year | 42/48 | €76,342 | €137,534 | +€61,192 | +80.2% |
| Current portion of amounts payable after more than one year | 42 | €6,761 | €13,459 | +€6,698 | +99.1% |
| Trade debts | 44 | €18,233 | €14,414 | -€3,819 | -20.9% |
| Suppliers | 440/4 | €18,233 | €14,414 | -€3,819 | -20.9% |
| Taxes, remuneration and social security | 45 | €12,251 | €16,400 | +€4,148 | +33.9% |
| Taxes | 450/3 | €12,251 | €16,400 | +€4,148 | +33.9% |
| Other amounts payable | 47/48 | €39,096 | €93,260 | +€54,164 | +139% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,835 | €16,202 | +€2,367 | +17.1% |
| Other operating charges | 640/8 | €1,408 | €1,408 | -€0 | 0.0% |
| Gross operating margin | 9900 | €148,027 | €112,568 | -€35,459 | -24.0% |
| Operating profit (loss) | 9901 | €132,784 | €94,958 | -€37,826 | -28.5% |
| Financial income | 75/76B | €2,856 | €1,749 | -€1,107 | -38.8% |
| Recurring financial income | 75 | €2,856 | €1,749 | -€1,107 | -38.8% |
| Financial charges | 65/66B | €969 | €4,815 | +€3,847 | +397% |
| Recurring financial charges | 65 | €969 | €4,815 | +€3,847 | +397% |
| Profit (loss) for the period before taxes | 9903 | €134,671 | €91,892 | -€42,780 | -31.8% |
| Income taxes | 67/77 | €38,274 | €25,860 | -€12,414 | -32.4% |
| Profit (loss) for the period | 9904 | €96,398 | €66,032 | -€30,366 | -31.5% |
| Profit (loss) for the period to be appropriated | 9905 | €96,398 | €66,032 | -€30,366 | -31.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.