Jan Meeusen: what changed
Jan Meeusen
Largest movements
- Cash +€6,145
up €6,145 (+13.3%), from €46,044 to €52,190
mainly Net result for the year (+€7,243) and Tax, wage and social debts (+€4,089)
- Reserves +€7,243
up €7,243 (+23.8%), from €30,477 to €37,719
of which Distributable reserves: +€7,243
- Other debts -€5,277
down €5,277 (-36.8%), from €14,322 to €9,045
- Tax, wage and social debts +€4,089
up €4,089 (+161%), from €2,536 to €6,625
- Gross operating margin -€8,374
down €8,374 (-37.6%), from €22,260 to €13,886
- Taxes -€2,282
down €2,282 (-34.9%), from €6,534 to €4,251
- Financial charges -€648
down €648 (-27.6%), from €2,345 to €1,697
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 | €81,902 | €87,820 | +€5,918 | +7.2% |
| Current assets | 29/58 | €81,902 | €87,820 | +€5,918 | +7.2% |
| Amounts receivable within one year | 40/41 | €33,417 | €33,421 | +€3 | 0.0% |
| Trade receivables | 40 | €32,451 | €32,455 | +€3 | 0.0% |
| Other amounts receivable | 41 | €966 | €966 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €46,044 | €52,190 | +€6,145 | +13.3% |
| Deferred charges and accrued income | 490/1 | €2,440 | €2,210 | -€231 | -9.5% |
| Total equity and liabilities | 10/49 | €81,902 | €87,820 | +€5,918 | +7.2% |
| Equity | 10/15 | €49,077 | €56,319 | +€7,243 | +14.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €30,477 | €37,719 | +€7,243 | +23.8% |
| 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 | €28,617 | €35,859 | +€7,243 | +25.3% |
| Amounts payable | 17/49 | €32,826 | €31,501 | -€1,324 | -4.0% |
| Amounts payable within one year | 42/48 | €31,211 | €30,341 | -€870 | -2.8% |
| Current portion of amounts payable after more than one year | 42 | €14,354 | €14,354 | = | 0.0% |
| Trade debts | 44 | - | €319 | +€319 | |
| Suppliers | 440/4 | - | €319 | +€319 | |
| Taxes, remuneration and social security | 45 | €2,536 | €6,625 | +€4,089 | +161% |
| Taxes | 450/3 | €2,536 | €6,625 | +€4,089 | +161% |
| Other amounts payable | 47/48 | €14,322 | €9,045 | -€5,277 | -36.8% |
| Accrued charges and deferred income | 492/3 | €1,614 | €1,160 | -€455 | -28.2% |
| Other operating charges | 640/8 | €611 | €695 | +€85 | +13.9% |
| Gross operating margin | 9900 | €22,260 | €13,886 | -€8,374 | -37.6% |
| Operating profit (loss) | 9901 | €21,649 | €13,191 | -€8,458 | -39.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2,345 | €1,697 | -€648 | -27.6% |
| Recurring financial charges | 65 | €2,345 | €1,697 | -€648 | -27.6% |
| Profit (loss) for the period before taxes | 9903 | €19,304 | €11,494 | -€7,810 | -40.5% |
| Income taxes | 67/77 | €6,534 | €4,251 | -€2,282 | -34.9% |
| Profit (loss) for the period | 9904 | €12,770 | €7,243 | -€5,528 | -43.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,770 | €7,243 | -€5,528 | -43.3% |
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 5 November 2026 via checked.be.