Jeffrey Van Impe: 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.
Jeffrey Van Impe
Largest movements
- Cash +€74,215
up €74,215 (+120.1%), from €61,816 to €136,032
mainly Net result for the year (+€70,498) and Tax, wage and social debts (+€8,954)
- Receivables within one year +€3,972
up €3,972 (+44.1%), from €9,001 to €12,973
of which Trade receivables: +€3,671
- Reserves +€69,670
up €69,670 (+133.9%), from €52,050 to €121,720
- Tax, wage and social debts +€8,954
up €8,954 (+60.5%), from €14,791 to €23,745
- Gross operating margin +€33,358
up €33,358 (+56.6%), from €58,973 to €92,332
- Taxes +€7,265
up €7,265 (+66.8%), from €10,875 to €18,140
- Depreciation -€1,205
down €1,205 (-61.7%), from €1,952 to €747
- Other operating charges +€934
up €934 (+246.8%), from €379 to €1,313
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.
Cash bridge derived
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 | €74,156 | €151,627 | +€77,471 | +104.5% |
| Fixed assets | 21/28 | €2,258 | €1,511 | -€747 | -33.1% |
| Tangible fixed assets | 22/27 | €2,258 | €1,511 | -€747 | -33.1% |
| Plant, machinery and equipment | 23 | €1,002 | €740 | -€262 | -26.1% |
| Furniture and vehicles | 24 | €1,257 | €771 | -€486 | -38.6% |
| Current assets | 29/58 | €71,897 | €150,116 | +€78,218 | +108.8% |
| Amounts receivable within one year | 40/41 | €9,001 | €12,973 | +€3,972 | +44.1% |
| Trade receivables | 40 | €8,671 | €12,342 | +€3,671 | +42.3% |
| Other amounts receivable | 41 | €330 | €631 | +€301 | +91.2% |
| Cash at bank and in hand | 54/58 | €61,816 | €136,032 | +€74,215 | +120.1% |
| Deferred charges and accrued income | 490/1 | €1,080 | €1,111 | +€31 | +2.9% |
| Total equity and liabilities | 10/49 | €74,156 | €151,627 | +€77,471 | +104.5% |
| Equity | 10/15 | €55,055 | €124,720 | +€69,665 | +126.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €52,050 | €121,720 | +€69,670 | +133.9% |
| Distributable reserves | 133 | €52,050 | €121,720 | +€69,670 | +133.9% |
| Profit (loss) carried forward | 14 | €5 | €0 | -€5 | -93.2% |
| Amounts payable | 17/49 | €19,100 | €26,906 | +€7,806 | +40.9% |
| Amounts payable within one year | 42/48 | €19,100 | €26,906 | +€7,806 | +40.9% |
| Trade debts | 44 | €3,450 | €2,328 | -€1,122 | -32.5% |
| Suppliers | 440/4 | €3,450 | €2,328 | -€1,122 | -32.5% |
| Taxes, remuneration and social security | 45 | €14,791 | €23,745 | +€8,954 | +60.5% |
| Taxes | 450/3 | €14,791 | €23,745 | +€8,954 | +60.5% |
| Other amounts payable | 47/48 | €859 | €833 | -€26 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,952 | €747 | -€1,205 | -61.7% |
| Other operating charges | 640/8 | €379 | €1,313 | +€934 | +246.8% |
| Non-recurring operating charges | 66A | €1,329 | - | -€1,329 | |
| Gross operating margin | 9900 | €58,973 | €92,332 | +€33,358 | +56.6% |
| Operating profit (loss) | 9901 | €55,314 | €90,272 | +€34,958 | +63.2% |
| Financial income | 75/76B | €240 | €290 | +€50 | +21.0% |
| Recurring financial income | 75 | €240 | €290 | +€50 | +21.0% |
| Financial charges | 65/66B | €2,258 | €1,924 | -€335 | -14.8% |
| Recurring financial charges | 65 | €2,258 | €1,924 | -€335 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | €53,295 | €88,638 | +€35,343 | +66.3% |
| Income taxes | 67/77 | €10,875 | €18,140 | +€7,265 | +66.8% |
| Profit (loss) for the period | 9904 | €42,420 | €70,498 | +€28,078 | +66.2% |
| Profit (loss) for the period to be appropriated | 9905 | €42,420 | €70,498 | +€28,078 | +66.2% |
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 11 October 2026 via checked.be.