JAN HOEKSTRA: 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.
JAN HOEKSTRA
Largest movements
- Cash +€361,908
up €361,908 (+267%), from €135,757 to €497,666
mainly Other debts (+€355,377) and Net result for the year (+€250,671)
- Tangible fixed assets -€14,717
down €14,717 (-19.2%), from €76,596 to €61,880
of which Furniture and vehicles: -€13,593
- Other debts +€355,377
up €355,377 (+11,738%), from €3,028 to €358,405
- Reserves -€105,329
down €105,329 (-19.2%), from €547,729 to €442,400
of which Distributable reserves: -€105,329
- Tax, wage and social debts +€99,440
up €99,440 (+748%), from €13,292 to €112,732
- Gross operating margin +€279,692
up €279,692 (+285%), from €98,120 to €377,813
- Taxes +€88,900
up €88,900 (+367%), from €24,202 to €113,102
- Depreciation +€7,412
up €7,412 (+91.8%), from €8,078 to €15,491
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 | €613,238 | €962,789 | +€349,551 | +57.0% |
| Fixed assets | 21/28 | €76,596 | €61,880 | -€14,717 | -19.2% |
| Tangible fixed assets | 22/27 | €76,596 | €61,880 | -€14,717 | -19.2% |
| Furniture and vehicles | 24 | €60,749 | €47,155 | -€13,593 | -22.4% |
| Other tangible fixed assets | 26 | €15,847 | €14,724 | -€1,123 | -7.1% |
| Current assets | 29/58 | €536,642 | €900,910 | +€364,267 | +67.9% |
| Amounts receivable after more than one year | 29 | €375,000 | €375,000 | = | 0.0% |
| Other amounts receivable | 291 | €375,000 | €375,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €20,826 | €20,328 | -€498 | -2.4% |
| Trade receivables | 40 | €20,328 | €20,328 | = | 0.0% |
| Other amounts receivable | 41 | €498 | €0 | -€498 | -100% |
| Cash at bank and in hand | 54/58 | €135,757 | €497,666 | +€361,908 | +267% |
| Deferred charges and accrued income | 490/1 | €5,059 | €7,916 | +€2,857 | +56.5% |
| Total equity and liabilities | 10/49 | €613,238 | €962,789 | +€349,551 | +57.0% |
| Equity | 10/15 | €566,729 | €461,400 | -€105,329 | -18.6% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €547,729 | €442,400 | -€105,329 | -19.2% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €545,829 | €440,500 | -€105,329 | -19.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €46,510 | €501,389 | +€454,880 | +978% |
| Amounts payable within one year | 42/48 | €17,054 | €472,389 | +€455,335 | +2,670% |
| Trade debts | 44 | €735 | €1,253 | +€518 | +70.5% |
| Suppliers | 440/4 | €735 | €1,253 | +€518 | +70.5% |
| Taxes, remuneration and social security | 45 | €13,292 | €112,732 | +€99,440 | +748% |
| Taxes | 450/3 | €13,292 | €112,732 | +€99,440 | +748% |
| Other amounts payable | 47/48 | €3,028 | €358,405 | +€355,377 | +11,738% |
| Accrued charges and deferred income | 492/3 | €29,456 | €29,000 | -€456 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,078 | €15,491 | +€7,412 | +91.8% |
| Other operating charges | 640/8 | €2,781 | €1,705 | -€1,076 | -38.7% |
| Gross operating margin | 9900 | €98,120 | €377,813 | +€279,692 | +285% |
| Operating profit (loss) | 9901 | €87,261 | €360,617 | +€273,356 | +313% |
| Financial income | 75/76B | €5,395 | €5,660 | +€265 | +4.9% |
| Recurring financial income | 75 | €5,395 | €5,660 | +€265 | +4.9% |
| Financial charges | 65/66B | €3,697 | €2,503 | -€1,194 | -32.3% |
| Recurring financial charges | 65 | €3,697 | €2,503 | -€1,194 | -32.3% |
| Profit (loss) for the period before taxes | 9903 | €88,959 | €363,774 | +€274,815 | +309% |
| Income taxes | 67/77 | €24,202 | €113,102 | +€88,900 | +367% |
| Profit (loss) for the period | 9904 | €64,757 | €250,671 | +€185,914 | +287% |
| Profit (loss) for the period to be appropriated | 9905 | €64,757 | €250,671 | +€185,914 | +287% |
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 25 October 2026 via checked.be.