Jelle Bongaerts: 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.
Jelle Bongaerts
Largest movements
- Current investments +€49,078
new in 2025: €49,078
- Cash +€43,011
up €43,011 (+284%), from €15,155 to €58,166
mainly Net result for the year (+€110,190) and Tax, wage and social debts (+€31,061)
- Receivables within one year +€25,240
new in 2025: €25,240
of which Trade receivables: +€24,486
- Receivables after one year +€15,000
up €15,000 (+13.6%), from €110,000 to €125,000
- Deferred charges and accrued income +€4,141
up €4,141 (+550%), from €754 to €4,894
- Reserves +€110,190
up €110,190 (+142%), from €77,541 to €187,731
- Tax, wage and social debts +€31,061
up €31,061 (+115%), from €27,012 to €58,073
- Trade debts -€4,750
down €4,750 (-75.1%), from €6,325 to €1,575
- Gross operating margin +€84,527
up €84,527 (+125%), from €67,641 to €152,169
- Taxes +€27,248
up €27,248 (+147%), from €18,508 to €45,756
- Financial income +€4,268
up €4,268 (+1,446%), from €295 to €4,563
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 | €125,909 | €262,379 | +€136,470 | +108% |
| Current assets | 29/58 | €125,909 | €262,379 | +€136,470 | +108% |
| Amounts receivable after more than one year | 29 | €110,000 | €125,000 | +€15,000 | +13.6% |
| Other amounts receivable | 291 | €110,000 | €125,000 | +€15,000 | +13.6% |
| Amounts receivable within one year | 40/41 | - | €25,240 | +€25,240 | |
| Trade receivables | 40 | - | €24,486 | +€24,486 | |
| Other amounts receivable | 41 | - | €754 | +€754 | |
| Current investments | 50/53 | - | €49,078 | +€49,078 | |
| Cash at bank and in hand | 54/58 | €15,155 | €58,166 | +€43,011 | +284% |
| Deferred charges and accrued income | 490/1 | €754 | €4,894 | +€4,141 | +550% |
| Total equity and liabilities | 10/49 | €125,909 | €262,379 | +€136,470 | +108% |
| Equity | 10/15 | €92,541 | €202,731 | +€110,190 | +119% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €77,541 | €187,731 | +€110,190 | +142% |
| Distributable reserves | 133 | €77,541 | €187,731 | +€110,190 | +142% |
| Amounts payable | 17/49 | €33,368 | €59,648 | +€26,281 | +78.8% |
| Amounts payable within one year | 42/48 | €33,368 | €59,648 | +€26,281 | +78.8% |
| Trade debts | 44 | €6,325 | €1,575 | -€4,750 | -75.1% |
| Suppliers | 440/4 | €6,325 | €1,575 | -€4,750 | -75.1% |
| Taxes, remuneration and social security | 45 | €27,012 | €58,073 | +€31,061 | +115% |
| Taxes | 450/3 | €27,012 | €58,073 | +€31,061 | +115% |
| Other amounts payable | 47/48 | €30 | - | -€30 | |
| Other operating charges | 640/8 | €617 | €62 | -€555 | -90.0% |
| Gross operating margin | 9900 | €67,641 | €152,169 | +€84,527 | +125% |
| Operating profit (loss) | 9901 | €67,024 | €152,107 | +€85,083 | +127% |
| Financial income | 75/76B | €295 | €4,563 | +€4,268 | +1,446% |
| Recurring financial income | 75 | €295 | €4,563 | +€4,268 | +1,446% |
| Financial charges | 65/66B | €499 | €724 | +€224 | +44.9% |
| Recurring financial charges | 65 | €499 | €724 | +€224 | +44.9% |
| Profit (loss) for the period before taxes | 9903 | €66,820 | €155,946 | +€89,126 | +133% |
| Income taxes | 67/77 | €18,508 | €45,756 | +€27,248 | +147% |
| Profit (loss) for the period | 9904 | €48,312 | €110,190 | +€61,878 | +128% |
| Profit (loss) for the period to be appropriated | 9905 | €48,312 | €110,190 | +€61,878 | +128% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.