JANPIETER NACKAERTS: what changed
JANPIETER NACKAERTS
Largest movements
- Cash +€23,062
up €23,062 (+136%), from €16,909 to €39,971
mainly Net result for the year (+€25,924) and Tax, wage and social debts (+€6,409)
- Tangible fixed assets -€3,429
down €3,429 (-23.3%), from €14,707 to €11,278
of which Furniture and vehicles: -€3,947
- Receivables within one year +€2,017
up €2,017 (+35.9%), from €5,618 to €7,635
- Profit (loss) carried forward +€25,924
up €25,924 (+253%), from €10,252 to €36,176
- Other debts -€10,614
down €10,614 (-54.4%), from €19,509 to €8,895
- Tax, wage and social debts +€6,409
up €6,409 (+123%), from €5,213 to €11,622
- Gross operating margin +€23,053
up €23,053 (+158%), from €14,569 to €37,622
- Taxes +€4,524
up €4,524 (+164%), from €2,755 to €7,279
- Depreciation +€3,108
up €3,108 (+288%), from €1,080 to €4,188
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 | €37,234 | €58,884 | +€21,650 | +58.1% |
| Fixed assets | 21/28 | €14,707 | €11,278 | -€3,429 | -23.3% |
| Tangible fixed assets | 22/27 | €14,707 | €11,278 | -€3,429 | -23.3% |
| Plant, machinery and equipment | 23 | - | €518 | +€518 | |
| Furniture and vehicles | 24 | €14,707 | €10,760 | -€3,947 | -26.8% |
| Current assets | 29/58 | €22,527 | €47,606 | +€25,079 | +111% |
| Amounts receivable within one year | 40/41 | €5,618 | €7,635 | +€2,017 | +35.9% |
| Trade receivables | 40 | €5,618 | €7,635 | +€2,017 | +35.9% |
| Cash at bank and in hand | 54/58 | €16,909 | €39,971 | +€23,062 | +136% |
| Total equity and liabilities | 10/49 | €37,234 | €58,884 | +€21,650 | +58.1% |
| Equity | 10/15 | €12,252 | €38,176 | +€25,924 | +212% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,252 | €36,176 | +€25,924 | +253% |
| Amounts payable | 17/49 | €24,982 | €20,708 | -€4,274 | -17.1% |
| Amounts payable within one year | 42/48 | €24,982 | €20,708 | -€4,274 | -17.1% |
| Trade debts | 44 | €260 | €191 | -€69 | -26.7% |
| Suppliers | 440/4 | €260 | €191 | -€69 | -26.7% |
| Taxes, remuneration and social security | 45 | €5,213 | €11,622 | +€6,409 | +123% |
| Taxes | 450/3 | €5,213 | €11,622 | +€6,409 | +123% |
| Other amounts payable | 47/48 | €19,509 | €8,895 | -€10,614 | -54.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,080 | €4,188 | +€3,108 | +288% |
| Other operating charges | 640/8 | €481 | €191 | -€291 | -60.4% |
| Gross operating margin | 9900 | €14,569 | €37,622 | +€23,053 | +158% |
| Operating profit (loss) | 9901 | €13,007 | €33,243 | +€20,236 | +156% |
| Financial charges | 65/66B | - | €40 | +€40 | |
| Recurring financial charges | 65 | - | €40 | +€40 | |
| Profit (loss) for the period before taxes | 9903 | €13,007 | €33,203 | +€20,196 | +155% |
| Income taxes | 67/77 | €2,755 | €7,279 | +€4,524 | +164% |
| Profit (loss) for the period | 9904 | €10,252 | €25,924 | +€15,672 | +153% |
| Profit (loss) for the period to be appropriated | 9905 | €10,252 | €25,924 | +€15,672 | +153% |
Next steps
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.