Jef Daneels Solutions: 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.
Jef Daneels Solutions
Largest movements
- Receivables within one year +€21,094
up €21,094 (+123%), from €17,103 to €38,197
of which Trade receivables: +€20,984
- Cash -€4,838
down €4,838 (-14.9%), from €32,502 to €27,663
mainly Receivables within one year (-€21,094) and Investment in fixed assets (net) (-€1,239)
- Other debts +€9,211
up €9,211 (+2,652%), from €347 to €9,558
- Trade debts +€6,725
up €6,725 (+97.4%), from €6,902 to €13,627
- Tax, wage and social debts -€858
down €858 (-6.0%), from €14,290 to €13,432
of which Remuneration and social security: -€2,100
- Gross operating margin -€39,202
down €39,202 (-88.9%), from €44,117 to €4,915
- Taxes -€8,632
down €8,632 (-87.4%), from €9,875 to €1,242
- Depreciation +€1,371
up €1,371 (+331%), from €415 to €1,786
- Financial income -€1,060
down €1,060 (-95.2%), from €1,114 to €54
- Financial charges -€920
down €920 (-67.4%), from €1,365 to €445
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 | €57,613 | €73,408 | +€15,796 | +27.4% |
| Fixed assets | 21/28 | €6,578 | €6,032 | -€547 | -8.3% |
| Tangible fixed assets | 22/27 | €6,578 | €6,032 | -€547 | -8.3% |
| Plant, machinery and equipment | 23 | €1,086 | €1,689 | +€604 | +55.6% |
| Furniture and vehicles | 24 | €5,492 | €4,342 | -€1,150 | -20.9% |
| Current assets | 29/58 | €51,035 | €67,377 | +€16,342 | +32.0% |
| Amounts receivable within one year | 40/41 | €17,103 | €38,197 | +€21,094 | +123% |
| Trade receivables | 40 | €14,052 | €35,036 | +€20,984 | +149% |
| Other amounts receivable | 41 | €3,051 | €3,161 | +€110 | +3.6% |
| Cash at bank and in hand | 54/58 | €32,502 | €27,663 | -€4,838 | -14.9% |
| Deferred charges and accrued income | 490/1 | €1,430 | €1,516 | +€87 | +6.1% |
| Total equity and liabilities | 10/49 | €57,613 | €73,408 | +€15,796 | +27.4% |
| Equity | 10/15 | €36,073 | €36,791 | +€718 | +2.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €33,073 | €33,791 | +€718 | +2.2% |
| Distributable reserves | 133 | €33,073 | €33,791 | +€718 | +2.2% |
| Amounts payable | 17/49 | €21,540 | €36,617 | +€15,077 | +70.0% |
| Amounts payable within one year | 42/48 | €21,540 | €36,617 | +€15,077 | +70.0% |
| Trade debts | 44 | €6,902 | €13,627 | +€6,725 | +97.4% |
| Suppliers | 440/4 | €6,902 | €13,627 | +€6,725 | +97.4% |
| Taxes, remuneration and social security | 45 | €14,290 | €13,432 | -€858 | -6.0% |
| Taxes | 450/3 | €10,090 | €11,332 | +€1,242 | +12.3% |
| Remuneration and social security | 454/9 | €4,200 | €2,100 | -€2,100 | -50.0% |
| Other amounts payable | 47/48 | €347 | €9,558 | +€9,211 | +2,652% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €415 | €1,786 | +€1,371 | +331% |
| Other operating charges | 640/8 | €505 | €778 | +€274 | +54.2% |
| Gross operating margin | 9900 | €44,117 | €4,915 | -€39,202 | -88.9% |
| Operating profit (loss) | 9901 | €43,198 | €2,352 | -€40,847 | -94.6% |
| Financial income | 75/76B | €1,114 | €54 | -€1,060 | -95.2% |
| Recurring financial income | 75 | €1,114 | €54 | -€1,060 | -95.2% |
| Financial charges | 65/66B | €1,365 | €445 | -€920 | -67.4% |
| Recurring financial charges | 65 | €1,365 | €445 | -€920 | -67.4% |
| Profit (loss) for the period before taxes | 9903 | €42,947 | €1,960 | -€40,987 | -95.4% |
| Income taxes | 67/77 | €9,875 | €1,242 | -€8,632 | -87.4% |
| Profit (loss) for the period | 9904 | €33,073 | €718 | -€32,355 | -97.8% |
| Profit (loss) for the period to be appropriated | 9905 | €33,073 | €718 | -€32,355 | -97.8% |
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 22 October 2026 via checked.be.