Jan Vanheerweghe: what changed
What changed
Jan Vanheerweghe
NACE 66.191, Agents and brokers in banking services
filed annual accounts (NBB)
Net result for the year
€167,220
2024 · €134,812+€32,408
Equity
€192,220
2024 · €380,091-€187,871
Cash
€62,651
2024 · €97,374-€34,723
Balance sheet total
€586,579
2024 · €832,464-€245,885
Largest movements
Assets
- Current investments -€150,000
down €150,000 (-100%), from €150,000 to €0
- Cash -€34,723
down €34,723 (-35.7%), from €97,374 to €62,651
mainly Contributions, distributions and other (-€355,091) and Debts after one year (-€62,176)
- Receivables within one year -€25,537
down €25,537 (-100%), from €25,537 to €0
of which Other amounts receivable: -€25,487
- Intangible fixed assets -€22,500
down €22,500 (-14.3%), from €157,068 to €134,568
- Tangible fixed assets -€20,857
down €20,857 (-5.5%), from €376,543 to €355,686
of which Land and buildings: -€16,183
Equity and liabilities
- Reserves -€187,871
down €187,871 (-52.9%), from €355,091 to €167,220
- Debts after one year -€62,176
down €62,176 (-16.9%), from €367,225 to €305,049
Income statement
- Gross operating margin +€56,950
up €56,950 (+20.5%), from €278,292 to €335,242
- Taxes +€11,825
up €11,825 (+25.6%), from €46,135 to €57,960
- Staff costs +€7,137
up €7,137 (+15.3%), from €46,749 to €53,886
- Financial income -€3,742
down €3,742 (-84.5%), from €4,427 to €685
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.
Result 2024
€134,812
Gross operating margin
+€56,950
Staff costs
-€7,137
Depreciation
-€2,296
Other operating charges
-€63
Other operating items
+€50
Financial income
-€3,742
Financial charges
+€471
Taxes
-€11,825
Result 2025
€167,220
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€239,061
Investment
+€142,998
Financing
-€416,782
Cash 2024
€97,374
From operations (derived)
+€239,061
Net result for the year
+€167,220
Depreciation
+€50,360
Receivables within one year
+€25,537
Deferred charges and accrued income
-€7,732
Trade debts
+€1,076
Smaller working-capital items
+€541
Other debts
+€2,060
Investment (derived)
+€142,998
Investment in fixed assets (net)
-€7,002
Current investments
+€150,000
Financing
-€416,782
Debts after one year
-€62,176
Current portion of long-term debt
+€485
Contributions, distributions and other
-€355,091
Cash 2025
€62,651
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €832,464 | €586,579 | -€245,885 | -29.5% |
| Fixed assets | 21/28 | €533,611 | €490,254 | -€43,357 | -8.1% |
| Intangible fixed assets | 21 | €157,068 | €134,568 | -€22,500 | -14.3% |
| Tangible fixed assets | 22/27 | €376,543 | €355,686 | -€20,857 | -5.5% |
| Land and buildings | 22 | €327,605 | €311,423 | -€16,183 | -4.9% |
| Plant, machinery and equipment | 23 | €10,502 | €8,422 | -€2,080 | -19.8% |
| Furniture and vehicles | 24 | €38,436 | €35,841 | -€2,595 | -6.8% |
| Current assets | 29/58 | €298,853 | €96,325 | -€202,528 | -67.8% |
| Amounts receivable within one year | 40/41 | €25,537 | €0 | -€25,537 | -100% |
| Trade receivables | 40 | €50 | €0 | -€50 | -100% |
| Other amounts receivable | 41 | €25,487 | €0 | -€25,487 | -100% |
| Current investments | 50/53 | €150,000 | €0 | -€150,000 | -100% |
| Cash at bank and in hand | 54/58 | €97,374 | €62,651 | -€34,723 | -35.7% |
| Deferred charges and accrued income | 490/1 | €25,942 | €33,674 | +€7,732 | +29.8% |
| Total equity and liabilities | 10/49 | €832,464 | €586,579 | -€245,885 | -29.5% |
| Equity | 10/15 | €380,091 | €192,220 | -€187,871 | -49.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €355,091 | €167,220 | -€187,871 | -52.9% |
| Distributable reserves | 133 | €355,091 | €167,220 | -€187,871 | -52.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €452,373 | €394,360 | -€58,014 | -12.8% |
| Amounts payable after more than one year | 17 | €367,225 | €305,049 | -€62,176 | -16.9% |
| Financial debts | 170/4 | €367,225 | €305,049 | -€62,176 | -16.9% |
| Amounts payable within one year | 42/48 | €83,431 | €87,530 | +€4,099 | +4.9% |
| Current portion of amounts payable after more than one year | 42 | €61,691 | €62,176 | +€485 | +0.8% |
| Trade debts | 44 | €8,409 | €9,485 | +€1,076 | +12.8% |
| Suppliers | 440/4 | €8,409 | €9,485 | +€1,076 | +12.8% |
| Taxes, remuneration and social security | 45 | €13,332 | €13,809 | +€477 | +3.6% |
| Taxes | 450/3 | €2,166 | €5,642 | +€3,476 | +161% |
| Remuneration and social security | 454/9 | €11,166 | €8,166 | -€2,999 | -26.9% |
| Other amounts payable | 47/48 | - | €2,060 | +€2,060 | |
| Accrued charges and deferred income | 492/3 | €1,717 | €1,781 | +€64 | +3.7% |
| Remuneration, social security and pensions | 62 | €46,749 | €53,886 | +€7,137 | +15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,064 | €50,360 | +€2,296 | +4.8% |
| Other operating charges | 640/8 | €3,060 | €3,123 | +€63 | +2.1% |
| Non-recurring operating charges | 66A | €50 | €0 | -€50 | -100% |
| Gross operating margin | 9900 | €278,292 | €335,242 | +€56,950 | +20.5% |
| Operating profit (loss) | 9901 | €180,369 | €227,873 | +€47,505 | +26.3% |
| Financial income | 75/76B | €4,427 | €685 | -€3,742 | -84.5% |
| Recurring financial income | 75 | €4,427 | €685 | -€3,742 | -84.5% |
| Financial charges | 65/66B | €3,849 | €3,378 | -€471 | -12.2% |
| Recurring financial charges | 65 | €3,849 | €3,378 | -€471 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | €180,947 | €225,180 | +€44,233 | +24.4% |
| Income taxes | 67/77 | €46,135 | €57,960 | +€11,825 | +25.6% |
| Profit (loss) for the period | 9904 | €134,812 | €167,220 | +€32,408 | +24.0% |
| Profit (loss) for the period to be appropriated | 9905 | €134,812 | €167,220 | +€32,408 | +24.0% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.