JAN SIONGERS: 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 SIONGERS
Largest movements
- Tangible fixed assets +€62,155
up €62,155 (+175%), from €35,522 to €97,677
of which Furniture and vehicles: +€53,624
- Cash -€5,694
down €5,694 (-12.0%), from €47,623 to €41,929
mainly Investment in fixed assets (net) (-€95,041) and Contributions, distributions and other (-€20,000)
- Deferred charges and accrued income -€4,174
down €4,174 (-75.1%), from €5,555 to €1,381
- Debts after one year +€38,918
up €38,918 (+497%), from €7,824 to €46,742
- Trade debts +€7,521
up €7,521 (+4,424%), from €170 to €7,691
- Other debts +€5,498
up €5,498 (+588%), from €935 to €6,433
- Tax, wage and social debts +€1,761
up €1,761 (+20.9%), from €8,435 to €10,196
- Gross operating margin +€23,500
up €23,500 (+52.0%), from €45,222 to €68,722
- Taxes +€4,547
up €4,547 (+96.6%), from €4,707 to €9,254
- Staff costs +€4,078
new in 2025: €4,078
- Depreciation +€3,346
up €3,346 (+11.3%), from €29,540 to €32,886
- Financial charges +€1,365
up €1,365 (+175%), from €778 to €2,142
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 | €100,412 | €152,029 | +€51,616 | +51.4% |
| Fixed assets | 21/28 | €35,522 | €97,677 | +€62,155 | +175% |
| Tangible fixed assets | 22/27 | €35,522 | €97,677 | +€62,155 | +175% |
| Plant, machinery and equipment | 23 | €158 | - | -€158 | |
| Furniture and vehicles | 24 | €35,364 | €88,987 | +€53,624 | +152% |
| Other tangible fixed assets | 26 | - | €8,690 | +€8,690 | |
| Current assets | 29/58 | €64,890 | €54,351 | -€10,539 | -16.2% |
| Amounts receivable within one year | 40/41 | €11,712 | €11,042 | -€671 | -5.7% |
| Trade receivables | 40 | €11,712 | €11,042 | -€671 | -5.7% |
| Cash at bank and in hand | 54/58 | €47,623 | €41,929 | -€5,694 | -12.0% |
| Deferred charges and accrued income | 490/1 | €5,555 | €1,381 | -€4,174 | -75.1% |
| Total equity and liabilities | 10/49 | €100,412 | €152,029 | +€51,616 | +51.4% |
| Equity | 10/15 | €60,721 | €59,697 | -€1,025 | -1.7% |
| Contributions | 10/11 | €12,350 | €12,350 | = | 0.0% |
| Reserves | 13 | €48,371 | €47,347 | -€1,025 | -2.1% |
| Distributable reserves | 133 | €48,371 | €47,347 | -€1,025 | -2.1% |
| Amounts payable | 17/49 | €39,691 | €92,332 | +€52,641 | +133% |
| Amounts payable after more than one year | 17 | €7,824 | €46,742 | +€38,918 | +497% |
| Financial debts | 170/4 | €7,824 | €46,742 | +€38,918 | +497% |
| Amounts payable within one year | 42/48 | €31,867 | €45,590 | +€13,723 | +43.1% |
| Current portion of amounts payable after more than one year | 42 | €22,328 | €21,271 | -€1,057 | -4.7% |
| Trade debts | 44 | €170 | €7,691 | +€7,521 | +4,424% |
| Suppliers | 440/4 | €170 | €7,691 | +€7,521 | +4,424% |
| Taxes, remuneration and social security | 45 | €8,435 | €10,196 | +€1,761 | +20.9% |
| Taxes | 450/3 | €8,435 | €10,196 | +€1,761 | +20.9% |
| Other amounts payable | 47/48 | €935 | €6,433 | +€5,498 | +588% |
| Non-recurring operating income | 76A | - | €21,873 | +€21,873 | |
| Remuneration, social security and pensions | 62 | - | €4,078 | +€4,078 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,540 | €32,886 | +€3,346 | +11.3% |
| Other operating charges | 640/8 | €1,332 | €1,771 | +€439 | +33.0% |
| Gross operating margin | 9900 | €45,222 | €68,722 | +€23,500 | +52.0% |
| Operating profit (loss) | 9901 | €14,351 | €29,987 | +€15,636 | +109% |
| Financial income | 75/76B | €364 | €384 | +€20 | +5.5% |
| Recurring financial income | 75 | €364 | €384 | +€20 | +5.5% |
| Financial charges | 65/66B | €778 | €2,142 | +€1,365 | +175% |
| Recurring financial charges | 65 | €778 | €2,142 | +€1,365 | +175% |
| Profit (loss) for the period before taxes | 9903 | €13,937 | €28,229 | +€14,292 | +103% |
| Income taxes | 67/77 | €4,707 | €9,254 | +€4,547 | +96.6% |
| Profit (loss) for the period | 9904 | €9,230 | €18,975 | +€9,745 | +106% |
| Profit (loss) for the period to be appropriated | 9905 | €9,230 | €18,975 | +€9,745 | +106% |
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 24 October 2026 via checked.be.