JANNICK EVERAERDT: 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.
JANNICK EVERAERDT
Largest movements
- Receivables after one year -€67,000
down €67,000 (-33.2%), from €202,000 to €135,000
- Cash +€38,439
up €38,439 (+35.0%), from €109,764 to €148,203
mainly Receivables after one year (+€67,000) and Net result for the year (+€30,324)
- Receivables within one year +€23,803
up €23,803 (+19.6%), from €121,742 to €145,545
of which Other amounts receivable: +€27,603
- Tangible fixed assets -€21,120
down €21,120 (-8.3%), from €253,323 to €232,203
of which Land and buildings: -€19,437
- Reserves -€42,176
down €42,176 (-20.2%), from €208,651 to €166,475
of which Distributable reserves: -€42,176
- Debts after one year +€11,803
up €11,803 (+2.7%), from €437,283 to €449,086
- Depreciation -€7,488
down €7,488 (-28.2%), from €26,590 to €19,102
- Gross operating margin -€5,129
down €5,129 (-6.9%), from €74,469 to €69,340
- Financial charges +€3,062
up €3,062 (+22.5%), from €13,599 to €16,661
- Financial income -€1,276
down €1,276 (-22.4%), from €5,702 to €4,426
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 | €702,467 | €675,346 | -€27,122 | -3.9% |
| Fixed assets | 21/28 | €262,623 | €241,503 | -€21,120 | -8.0% |
| Tangible fixed assets | 22/27 | €253,323 | €232,203 | -€21,120 | -8.3% |
| Land and buildings | 22 | €244,118 | €224,681 | -€19,437 | -8.0% |
| Furniture and vehicles | 24 | €9,205 | €7,521 | -€1,683 | -18.3% |
| Financial fixed assets | 28 | €9,300 | €9,300 | = | 0.0% |
| Current assets | 29/58 | €439,845 | €433,843 | -€6,002 | -1.4% |
| Amounts receivable after more than one year | 29 | €202,000 | €135,000 | -€67,000 | -33.2% |
| Other amounts receivable | 291 | €202,000 | €135,000 | -€67,000 | -33.2% |
| Amounts receivable within one year | 40/41 | €121,742 | €145,545 | +€23,803 | +19.6% |
| Trade receivables | 40 | €12,000 | €8,200 | -€3,800 | -31.7% |
| Other amounts receivable | 41 | €109,742 | €137,345 | +€27,603 | +25.2% |
| Cash at bank and in hand | 54/58 | €109,764 | €148,203 | +€38,439 | +35.0% |
| Deferred charges and accrued income | 490/1 | €6,338 | €5,094 | -€1,244 | -19.6% |
| Total equity and liabilities | 10/49 | €702,467 | €675,346 | -€27,122 | -3.9% |
| Equity | 10/15 | €227,251 | €185,075 | -€42,176 | -18.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €208,651 | €166,475 | -€42,176 | -20.2% |
| Tax-exempt reserves | 132 | €5,382 | €5,382 | = | 0.0% |
| Distributable reserves | 133 | €203,269 | €161,093 | -€42,176 | -20.7% |
| Amounts payable | 17/49 | €475,216 | €490,271 | +€15,054 | +3.2% |
| Amounts payable after more than one year | 17 | €437,283 | €449,086 | +€11,803 | +2.7% |
| Financial debts | 170/4 | €437,283 | €449,086 | +€11,803 | +2.7% |
| Amounts payable within one year | 42/48 | €36,333 | €41,185 | +€4,851 | +13.4% |
| Current portion of amounts payable after more than one year | 42 | €23,144 | €27,030 | +€3,886 | +16.8% |
| Trade debts | 44 | €8,456 | €9,157 | +€701 | +8.3% |
| Suppliers | 440/4 | €8,456 | €9,157 | +€701 | +8.3% |
| Taxes, remuneration and social security | 45 | €4,734 | €4,998 | +€264 | +5.6% |
| Taxes | 450/3 | €4,734 | €4,998 | +€264 | +5.6% |
| Accrued charges and deferred income | 492/3 | €1,600 | - | -€1,600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,590 | €19,102 | -€7,488 | -28.2% |
| Other operating charges | 640/8 | €4,431 | €4,647 | +€215 | +4.9% |
| Gross operating margin | 9900 | €74,469 | €69,340 | -€5,129 | -6.9% |
| Operating profit (loss) | 9901 | €43,448 | €45,592 | +€2,144 | +4.9% |
| Financial income | 75/76B | €5,702 | €4,426 | -€1,276 | -22.4% |
| Recurring financial income | 75 | €5,702 | €4,426 | -€1,276 | -22.4% |
| Financial charges | 65/66B | €13,599 | €16,661 | +€3,062 | +22.5% |
| Recurring financial charges | 65 | €13,599 | €16,661 | +€3,062 | +22.5% |
| Profit (loss) for the period before taxes | 9903 | €35,550 | €33,357 | -€2,194 | -6.2% |
| Income taxes | 67/77 | €3,077 | €3,032 | -€45 | -1.4% |
| Profit (loss) for the period | 9904 | €32,473 | €30,324 | -€2,149 | -6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €32,473 | €30,324 | -€2,149 | -6.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.