JEAN-GUY DIDIER: 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.
JEAN-GUY DIDIER
Largest movements
- Current investments +€18,514
up €18,514 (+11.8%), from €156,929 to €175,443
- Cash -€7,341
down €7,341 (-55.0%), from €13,351 to €6,010
mainly Current investments (-€18,514) and Investment in fixed assets (net) (-€3,506)
- Receivables within one year +€3,381
up €3,381 (+199%), from €1,700 to €5,081
of which Trade receivables: +€2,302
- Tangible fixed assets +€2,917
new in 2025: €2,917
- Reserves +€17,532
up €17,532 (+12.7%), from €138,453 to €155,985
- Gross operating margin -€15,573
down €15,573 (-35.6%), from €43,743 to €28,170
- Taxes +€2,076
up €2,076 (+25.5%), from €8,143 to €10,219
- Depreciation +€589
new in 2025: €589
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 | €171,980 | €189,451 | +€17,471 | +10.2% |
| Fixed assets | 21/28 | - | €2,917 | +€2,917 | |
| Tangible fixed assets | 22/27 | - | €2,917 | +€2,917 | |
| Furniture and vehicles | 24 | - | €2,917 | +€2,917 | |
| Current assets | 29/58 | €171,980 | €186,534 | +€14,554 | +8.5% |
| Amounts receivable within one year | 40/41 | €1,700 | €5,081 | +€3,381 | +199% |
| Trade receivables | 40 | €1,700 | €4,001 | +€2,302 | +135% |
| Other amounts receivable | 41 | - | €1,080 | +€1,080 | |
| Current investments | 50/53 | €156,929 | €175,443 | +€18,514 | +11.8% |
| Cash at bank and in hand | 54/58 | €13,351 | €6,010 | -€7,341 | -55.0% |
| Total equity and liabilities | 10/49 | €171,980 | €189,451 | +€17,471 | +10.2% |
| Equity | 10/15 | €144,653 | €162,185 | +€17,532 | +12.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €138,453 | €155,985 | +€17,532 | +12.7% |
| Distributable reserves | 133 | €138,453 | €155,985 | +€17,532 | +12.7% |
| Amounts payable | 17/49 | €27,327 | €27,266 | -€61 | -0.2% |
| Amounts payable within one year | 42/48 | €27,327 | €27,266 | -€61 | -0.2% |
| Trade debts | 44 | €204 | €958 | +€754 | +370% |
| Suppliers | 440/4 | €204 | €958 | +€754 | +370% |
| Taxes, remuneration and social security | 45 | €7,136 | €5,819 | -€1,318 | -18.5% |
| Taxes | 450/3 | €7,136 | €5,819 | -€1,318 | -18.5% |
| Other amounts payable | 47/48 | €19,987 | €20,489 | +€502 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €589 | +€589 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €43,743 | €28,170 | -€15,573 | -35.6% |
| Operating profit (loss) | 9901 | €43,356 | €27,182 | -€16,174 | -37.3% |
| Financial income | 75/76B | €817 | €734 | -€83 | -10.1% |
| Recurring financial income | 75 | €817 | €734 | -€83 | -10.1% |
| Financial charges | 65/66B | €156 | €165 | +€9 | +5.5% |
| Recurring financial charges | 65 | €156 | €165 | +€9 | +5.5% |
| Profit (loss) for the period before taxes | 9903 | €44,017 | €27,751 | -€16,266 | -37.0% |
| Income taxes | 67/77 | €8,143 | €10,219 | +€2,076 | +25.5% |
| Profit (loss) for the period | 9904 | €35,874 | €17,532 | -€18,342 | -51.1% |
| Profit (loss) for the period to be appropriated | 9905 | €35,874 | €17,532 | -€18,342 | -51.1% |
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 18 October 2026 via checked.be.