JASPAERT CHRIS: 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.
JASPAERT CHRIS
Largest movements
- Cash +€175,323
up €175,323 (+26.1%), from €671,069 to €846,392
mainly Net result for the year (+€317,301) and Depreciation (+€152,278)
- Stocks and contracts +€51,552
up €51,552 (+80.3%), from €64,167 to €115,719
- Receivables within one year -€28,858
down €28,858 (-64.0%), from €45,082 to €16,224
of which Other amounts receivable: -€25,221
- Intangible fixed assets -€23,333
down €23,333 (-22.3%), from €104,804 to €81,470
- Tangible fixed assets -€18,909
down €18,909 (-3.9%), from €487,573 to €468,665
of which Furniture and vehicles: -€13,104
- Reserves +€272,991
up €272,991 (+27.1%), from €1.0m to €1.3m
of which Distributable reserves: +€272,991
- Tax, wage and social debts -€72,948
down €72,948 (-59.2%), from €123,297 to €50,349
of which Taxes: -€38,710
- Trade debts -€55,827
down €55,827 (-59.3%), from €94,105 to €38,278
- Gross operating margin -€201,382
down €201,382 (-16.3%), from €1.2m to €1.0m
- Taxes -€65,078
down €65,078 (-31.1%), from €209,291 to €144,214
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 | €1,391,333 | €1,549,058 | +€157,725 | +11.3% |
| Fixed assets | 21/28 | €592,377 | €550,135 | -€42,242 | -7.1% |
| Intangible fixed assets | 21 | €104,804 | €81,470 | -€23,333 | -22.3% |
| Tangible fixed assets | 22/27 | €487,573 | €468,665 | -€18,909 | -3.9% |
| Plant, machinery and equipment | 23 | €35,633 | €38,603 | +€2,970 | +8.3% |
| Furniture and vehicles | 24 | €399,470 | €386,366 | -€13,104 | -3.3% |
| Other tangible fixed assets | 26 | €52,470 | €43,695 | -€8,775 | -16.7% |
| Current assets | 29/58 | €798,956 | €998,923 | +€199,967 | +25.0% |
| Stocks and contracts in progress | 3 | €64,167 | €115,719 | +€51,552 | +80.3% |
| Stocks | 30/36 | €64,167 | €115,719 | +€51,552 | +80.3% |
| Amounts receivable within one year | 40/41 | €45,082 | €16,224 | -€28,858 | -64.0% |
| Trade receivables | 40 | €5,098 | €1,461 | -€3,637 | -71.3% |
| Other amounts receivable | 41 | €39,984 | €14,763 | -€25,221 | -63.1% |
| Cash at bank and in hand | 54/58 | €671,069 | €846,392 | +€175,323 | +26.1% |
| Deferred charges and accrued income | 490/1 | €18,639 | €20,588 | +€1,949 | +10.5% |
| Total equity and liabilities | 10/49 | €1,391,333 | €1,549,058 | +€157,725 | +11.3% |
| Equity | 10/15 | €1,173,931 | €1,446,922 | +€272,991 | +23.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €1,008,565 | €1,281,556 | +€272,991 | +27.1% |
| Tax-exempt reserves | 132 | €8,350 | €8,350 | = | 0.0% |
| Distributable reserves | 133 | €1,000,215 | €1,273,206 | +€272,991 | +27.3% |
| Profit (loss) carried forward | 14 | €115,366 | €115,366 | = | 0.0% |
| Amounts payable | 17/49 | €217,402 | €102,135 | -€115,266 | -53.0% |
| Amounts payable within one year | 42/48 | €217,402 | €102,135 | -€115,266 | -53.0% |
| Trade debts | 44 | €94,105 | €38,278 | -€55,827 | -59.3% |
| Suppliers | 440/4 | €94,105 | €38,278 | -€55,827 | -59.3% |
| Taxes, remuneration and social security | 45 | €123,297 | €50,349 | -€72,948 | -59.2% |
| Taxes | 450/3 | €57,923 | €19,214 | -€38,710 | -66.8% |
| Remuneration and social security | 454/9 | €65,373 | €31,135 | -€34,238 | -52.4% |
| Other amounts payable | 47/48 | - | €13,508 | +€13,508 | |
| Non-recurring operating income | 76A | €24,480 | - | -€24,480 | |
| Remuneration, social security and pensions | 62 | €372,123 | €382,116 | +€9,993 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €146,709 | €152,278 | +€5,569 | +3.8% |
| Other operating charges | 640/8 | €34,266 | €36,684 | +€2,418 | +7.1% |
| Non-recurring operating charges | 66A | €317 | - | -€317 | |
| Gross operating margin | 9900 | €1,238,944 | €1,037,562 | -€201,382 | -16.3% |
| Operating profit (loss) | 9901 | €685,529 | €466,484 | -€219,045 | -32.0% |
| Financial income | 75/76B | - | €6,206 | +€6,206 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Non-recurring financial income | 76B | - | €6,200 | +€6,200 | |
| Financial charges | 65/66B | €9,581 | €11,175 | +€1,594 | +16.6% |
| Recurring financial charges | 65 | €9,581 | €11,175 | +€1,594 | +16.6% |
| Profit (loss) for the period before taxes | 9903 | €675,948 | €461,515 | -€214,433 | -31.7% |
| Income taxes | 67/77 | €209,291 | €144,214 | -€65,078 | -31.1% |
| Profit (loss) for the period | 9904 | €466,656 | €317,301 | -€149,355 | -32.0% |
| Profit (loss) for the period to be appropriated | 9905 | €466,656 | €317,301 | -€149,355 | -32.0% |
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 19 October 2026 via checked.be.