Jan Jespers: 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 Jespers
Largest movements
- Cash +€65,485
up €65,485 (+260%), from €25,158 to €90,642
mainly Net result for the year (+€57,039) and Tax, wage and social debts (+€24,908)
- Receivables within one year +€13,507
up €13,507 (+36.5%), from €36,961 to €50,468
of which Trade receivables: +€14,168
- Reserves +€46,066
up €46,066 (+85.2%), from €54,039 to €100,105
of which Distributable reserves: +€46,066
- Tax, wage and social debts +€24,908
up €24,908 (+456%), from €5,467 to €30,374
of which Taxes: +€27,408
- Trade debts +€9,742
up €9,742 (+9,266%), from €105 to €9,847
- Gross operating margin +€55,810
up €55,810 (+195%), from €28,622 to €84,432
- Taxes +€17,240
up €17,240 (+247%), from €6,986 to €24,226
- Other operating charges -€1,089
down €1,089 (-57.8%), from €1,884 to €795
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 | €76,052 | €155,277 | +€79,225 | +104% |
| Fixed assets | 21/28 | €12,443 | €12,435 | -€8 | -0.1% |
| Tangible fixed assets | 22/27 | €12,443 | €12,435 | -€8 | -0.1% |
| Plant, machinery and equipment | 23 | €10,783 | €9,206 | -€1,576 | -14.6% |
| Furniture and vehicles | 24 | €1,660 | €3,229 | +€1,569 | +94.5% |
| Current assets | 29/58 | €63,609 | €142,842 | +€79,233 | +125% |
| Amounts receivable within one year | 40/41 | €36,961 | €50,468 | +€13,507 | +36.5% |
| Trade receivables | 40 | €36,300 | €50,468 | +€14,168 | +39.0% |
| Other amounts receivable | 41 | €661 | - | -€661 | |
| Cash at bank and in hand | 54/58 | €25,158 | €90,642 | +€65,485 | +260% |
| Deferred charges and accrued income | 490/1 | €1,490 | €1,732 | +€241 | +16.2% |
| Total equity and liabilities | 10/49 | €76,052 | €155,277 | +€79,225 | +104% |
| Equity | 10/15 | €66,439 | €112,505 | +€46,066 | +69.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €54,039 | €100,105 | +€46,066 | +85.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €52,179 | €98,245 | +€46,066 | +88.3% |
| Amounts payable | 17/49 | €9,612 | €42,772 | +€33,160 | +345% |
| Amounts payable within one year | 42/48 | €9,612 | €42,772 | +€33,160 | +345% |
| Trade debts | 44 | €105 | €9,847 | +€9,742 | +9,266% |
| Suppliers | 440/4 | €105 | €9,847 | +€9,742 | +9,266% |
| Taxes, remuneration and social security | 45 | €5,467 | €30,374 | +€24,908 | +456% |
| Taxes | 450/3 | €2,967 | €30,374 | +€27,408 | +924% |
| Remuneration and social security | 454/9 | €2,500 | - | -€2,500 | |
| Other amounts payable | 47/48 | €4,041 | €2,551 | -€1,490 | -36.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,121 | €2,322 | -€799 | -25.6% |
| Other operating charges | 640/8 | €1,884 | €795 | -€1,089 | -57.8% |
| Gross operating margin | 9900 | €28,622 | €84,432 | +€55,810 | +195% |
| Operating profit (loss) | 9901 | €23,617 | €81,316 | +€57,698 | +244% |
| Financial charges | 65/66B | €159 | €51 | -€109 | -68.2% |
| Recurring financial charges | 65 | €159 | €51 | -€109 | -68.2% |
| Profit (loss) for the period before taxes | 9903 | €23,458 | €81,265 | +€57,807 | +246% |
| Income taxes | 67/77 | €6,986 | €24,226 | +€17,240 | +247% |
| Profit (loss) for the period | 9904 | €16,472 | €57,039 | +€40,567 | +246% |
| Profit (loss) for the period to be appropriated | 9905 | €16,472 | €57,039 | +€40,567 | +246% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.