JANNE VOORTMANS: what changed
JANNE VOORTMANS
Largest movements
- Cash -€84,769
down €84,769 (-41.8%), from €202,915 to €118,146
mainly Contributions, distributions and other (-€274,000) and Current investments (-€50,000)
- Current investments +€50,000
new in 2025: €50,000
- Tangible fixed assets +€5,932
up €5,932 (+76.4%), from €7,763 to €13,694
of which Plant, machinery and equipment: +€3,871
- Deferred charges and accrued income -€4,744
down €4,744 (-85.3%), from €5,564 to €820
- Receivables within one year +€4,558
up €4,558 (+21.2%), from €21,500 to €26,058
of which Trade receivables: +€11,783
- Reserves -€146,372
down €146,372 (-67.0%), from €218,499 to €72,127
- Other debts +€129,272
up €129,272 (+4,163%), from €3,105 to €132,377
- Tax, wage and social debts -€12,749
down €12,749 (-100%), from €12,749 to €0
- Gross operating margin +€30,267
up €30,267 (+21.7%), from €139,319 to €169,586
- Taxes +€6,725
up €6,725 (+22.4%), from €29,997 to €36,722
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 | €237,742 | €208,719 | -€29,023 | -12.2% |
| Fixed assets | 21/28 | €7,763 | €13,694 | +€5,932 | +76.4% |
| Tangible fixed assets | 22/27 | €7,763 | €13,694 | +€5,932 | +76.4% |
| Plant, machinery and equipment | 23 | €5,439 | €9,310 | +€3,871 | +71.2% |
| Furniture and vehicles | 24 | €2,323 | €4,384 | +€2,061 | +88.7% |
| Current assets | 29/58 | €229,979 | €195,024 | -€34,955 | -15.2% |
| Amounts receivable within one year | 40/41 | €21,500 | €26,058 | +€4,558 | +21.2% |
| Trade receivables | 40 | €11,497 | €23,280 | +€11,783 | +102% |
| Other amounts receivable | 41 | €10,003 | €2,778 | -€7,225 | -72.2% |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €202,915 | €118,146 | -€84,769 | -41.8% |
| Deferred charges and accrued income | 490/1 | €5,564 | €820 | -€4,744 | -85.3% |
| Total equity and liabilities | 10/49 | €237,742 | €208,719 | -€29,023 | -12.2% |
| Equity | 10/15 | €220,999 | €74,627 | -€146,372 | -66.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €218,499 | €72,127 | -€146,372 | -67.0% |
| Distributable reserves | 133 | €218,499 | €72,127 | -€146,372 | -67.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €16,743 | €134,091 | +€117,348 | +701% |
| Amounts payable within one year | 42/48 | €16,743 | €134,091 | +€117,348 | +701% |
| Financial debts | 43 | - | €867 | +€867 | |
| Credit institutions | 430/8 | - | €867 | +€867 | |
| Trade debts | 44 | €889 | €847 | -€43 | -4.8% |
| Suppliers | 440/4 | €889 | €847 | -€43 | -4.8% |
| Taxes, remuneration and social security | 45 | €12,749 | €0 | -€12,749 | -100% |
| Taxes | 450/3 | €12,749 | €0 | -€12,749 | -100% |
| Other amounts payable | 47/48 | €3,105 | €132,377 | +€129,272 | +4,163% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,735 | €1,911 | +€177 | +10.2% |
| Other operating charges | 640/8 | €909 | €849 | -€60 | -6.6% |
| Non-recurring operating charges | 66A | - | €2,323 | +€2,323 | |
| Gross operating margin | 9900 | €139,319 | €169,586 | +€30,267 | +21.7% |
| Operating profit (loss) | 9901 | €136,675 | €164,502 | +€27,827 | +20.4% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €95 | €152 | +€57 | +60.1% |
| Recurring financial charges | 65 | €95 | €152 | +€57 | +60.1% |
| Profit (loss) for the period before taxes | 9903 | €136,581 | €164,351 | +€27,770 | +20.3% |
| Income taxes | 67/77 | €29,997 | €36,722 | +€6,725 | +22.4% |
| Profit (loss) for the period | 9904 | €106,584 | €127,628 | +€21,045 | +19.7% |
| Profit (loss) for the period to be appropriated | 9905 | €106,584 | €127,628 | +€21,045 | +19.7% |
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 4 November 2026 via checked.be.