JELLE VERSCHINGEL: 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 VERSCHINGEL
Largest movements
- Receivables within one year +€143,469
up €143,469 (+515%), from €27,855 to €171,324
of which Other amounts receivable: +€143,469
- Cash -€52,594
down €52,594 (-53.2%), from €98,906 to €46,312
mainly Receivables within one year (-€143,469) and Tax, wage and social debts (-€4,413)
- Profit (loss) carried forward +€91,182
new in 2025: €91,182
- Tax, wage and social debts -€4,413
down €4,413 (-14.5%), from €30,392 to €25,979
- Gross operating margin +€13,536
up €13,536 (+12.9%), from €105,172 to €118,708
- Taxes -€4,413
down €4,413 (-14.9%), from €29,535 to €25,122
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 | €148,407 | €237,042 | +€88,635 | +59.7% |
| Fixed assets | 21/28 | €7,916 | €5,727 | -€2,189 | -27.7% |
| Tangible fixed assets | 22/27 | €7,916 | €5,727 | -€2,189 | -27.7% |
| Furniture and vehicles | 24 | €1,532 | €827 | -€705 | -46.0% |
| Other tangible fixed assets | 26 | €6,384 | €4,900 | -€1,484 | -23.2% |
| Current assets | 29/58 | €140,491 | €231,315 | +€90,824 | +64.6% |
| Amounts receivable within one year | 40/41 | €27,855 | €171,324 | +€143,469 | +515% |
| Trade receivables | 40 | €25,000 | €25,000 | = | 0.0% |
| Other amounts receivable | 41 | €2,855 | €146,324 | +€143,469 | +5,026% |
| Cash at bank and in hand | 54/58 | €98,906 | €46,312 | -€52,594 | -53.2% |
| Deferred charges and accrued income | 490/1 | €13,730 | €13,679 | -€51 | -0.4% |
| Total equity and liabilities | 10/49 | €148,407 | €237,042 | +€88,635 | +59.7% |
| Equity | 10/15 | €117,473 | €208,656 | +€91,182 | +77.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €114,973 | €114,973 | = | 0.0% |
| Distributable reserves | 133 | €114,973 | €114,973 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €91,182 | +€91,182 | |
| Amounts payable | 17/49 | €30,934 | €28,386 | -€2,548 | -8.2% |
| Amounts payable within one year | 42/48 | €30,934 | €28,386 | -€2,548 | -8.2% |
| Trade debts | 44 | €542 | €2,407 | +€1,865 | +344% |
| Suppliers | 440/4 | €542 | €2,407 | +€1,865 | +344% |
| Taxes, remuneration and social security | 45 | €30,392 | €25,979 | -€4,413 | -14.5% |
| Taxes | 450/3 | €30,392 | €25,979 | -€4,413 | -14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,620 | €2,189 | +€569 | +35.1% |
| Other operating charges | 640/8 | €559 | €142 | -€417 | -74.6% |
| Gross operating margin | 9900 | €105,172 | €118,708 | +€13,536 | +12.9% |
| Operating profit (loss) | 9901 | €102,993 | €116,377 | +€13,384 | +13.0% |
| Financial income | 75/76B | €53 | €0 | -€53 | -100% |
| Recurring financial income | 75 | €53 | €0 | -€53 | -100% |
| Financial charges | 65/66B | €61 | €72 | +€11 | +18.0% |
| Recurring financial charges | 65 | €61 | €72 | +€11 | +18.0% |
| Profit (loss) for the period before taxes | 9903 | €102,984 | €116,305 | +€13,320 | +12.9% |
| Income taxes | 67/77 | €29,535 | €25,122 | -€4,413 | -14.9% |
| Profit (loss) for the period | 9904 | €73,449 | €91,182 | +€17,733 | +24.1% |
| Profit (loss) for the period to be appropriated | 9905 | €73,449 | €91,182 | +€17,733 | +24.1% |
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 31 October 2026 via checked.be.