Jan Van Gorp: 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 Van Gorp
Largest movements
- Receivables after one year +€105,000
up €105,000 (+336%), from €31,275 to €136,275
- Current investments +€85,000
up €85,000 (+13.0%), from €655,000 to €740,000
- Cash -€80,149
down €80,149 (-55.6%), from €144,189 to €64,040
mainly Contributions, distributions and other (-€480,500) and Receivables after one year (-€105,000)
- Tangible fixed assets -€29,435
down €29,435 (-8.6%), from €340,844 to €311,409
of which Furniture and vehicles: -€18,389
- Other debts +€415,596
up €415,596 (+64.6%), from €643,126 to €1.1m
- Reserves -€345,100
down €345,100 (-26.5%), from €1.3m to €958,575
- Financial income +€22,481
up €22,481 (+17.1%), from €131,828 to €154,309
- Financial charges +€7,396
up €7,396 (+41.7%), from €17,731 to €25,127
- Gross operating margin +€4,756
up €4,756 (+8.7%), from €54,386 to €59,142
- Depreciation -€1,142
down €1,142 (-3.7%), from €30,577 to €29,435
- Taxes -€968
down €968 (-4.6%), from €21,188 to €20,220
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 | €2,029,536 | €2,101,725 | +€72,189 | +3.6% |
| Fixed assets | 21/28 | €1,190,844 | €1,161,409 | -€29,435 | -2.5% |
| Tangible fixed assets | 22/27 | €340,844 | €311,409 | -€29,435 | -8.6% |
| Land and buildings | 22 | €285,804 | €274,758 | -€11,046 | -3.9% |
| Furniture and vehicles | 24 | €55,040 | €36,651 | -€18,389 | -33.4% |
| Financial fixed assets | 28 | €850,000 | €850,000 | = | 0.0% |
| Current assets | 29/58 | €838,692 | €940,316 | +€101,624 | +12.1% |
| Amounts receivable after more than one year | 29 | €31,275 | €136,275 | +€105,000 | +336% |
| Other amounts receivable | 291 | €31,275 | €136,275 | +€105,000 | +336% |
| Amounts receivable within one year | 40/41 | €8,227 | - | -€8,227 | |
| Other amounts receivable | 41 | €8,227 | - | -€8,227 | |
| Current investments | 50/53 | €655,000 | €740,000 | +€85,000 | +13.0% |
| Cash at bank and in hand | 54/58 | €144,189 | €64,040 | -€80,149 | -55.6% |
| Total equity and liabilities | 10/49 | €2,029,536 | €2,101,725 | +€72,189 | +3.6% |
| Equity | 10/15 | €1,338,997 | €993,960 | -€345,037 | -25.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,303,675 | €958,575 | -€345,100 | -26.5% |
| Distributable reserves | 133 | €1,303,675 | €958,575 | -€345,100 | -26.5% |
| Profit (loss) carried forward | 14 | €15,322 | €15,385 | +€63 | +0.4% |
| Amounts payable | 17/49 | €690,539 | €1,107,764 | +€417,226 | +60.4% |
| Amounts payable within one year | 42/48 | €672,883 | €1,083,329 | +€410,447 | +61.0% |
| Financial debts | 43 | €5,000 | - | -€5,000 | |
| Credit institutions | 430/8 | €5,000 | - | -€5,000 | |
| Trade debts | 44 | €190 | €587 | +€397 | +209% |
| Suppliers | 440/4 | €190 | €587 | +€397 | +209% |
| Taxes, remuneration and social security | 45 | €24,567 | €24,020 | -€547 | -2.2% |
| Taxes | 450/3 | €24,567 | €24,020 | -€547 | -2.2% |
| Other amounts payable | 47/48 | €643,126 | €1,058,722 | +€415,596 | +64.6% |
| Accrued charges and deferred income | 492/3 | €17,656 | €24,435 | +€6,779 | +38.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,577 | €29,435 | -€1,142 | -3.7% |
| Other operating charges | 640/8 | €2,920 | €3,205 | +€285 | +9.7% |
| Gross operating margin | 9900 | €54,386 | €59,142 | +€4,756 | +8.7% |
| Operating profit (loss) | 9901 | €20,889 | €26,502 | +€5,613 | +26.9% |
| Financial income | 75/76B | €131,828 | €154,309 | +€22,481 | +17.1% |
| Recurring financial income | 75 | €131,828 | €154,309 | +€22,481 | +17.1% |
| Financial charges | 65/66B | €17,731 | €25,127 | +€7,396 | +41.7% |
| Recurring financial charges | 65 | €17,731 | €25,127 | +€7,396 | +41.7% |
| Profit (loss) for the period before taxes | 9903 | €134,985 | €155,683 | +€20,698 | +15.3% |
| Income taxes | 67/77 | €21,188 | €20,220 | -€968 | -4.6% |
| Profit (loss) for the period | 9904 | €113,797 | €135,463 | +€21,666 | +19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €113,797 | €135,463 | +€21,666 | +19.0% |
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 13 October 2026 via checked.be.