JENS VAN DAELE: 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.
JENS VAN DAELE
Largest movements
- Receivables within one year -€14,984
down €14,984 (-31.4%), from €47,757 to €32,773
of which Trade receivables: -€25,676
- Cash +€13,449
up €13,449 (+37.7%), from €35,640 to €49,089
mainly Receivables within one year (+€14,984) and Net result for the year (+€14,721)
- Stocks and contracts +€5,086
up €5,086 (+52.9%), from €9,607 to €14,693
of which Contracts in progress: +€10,000
- Tangible fixed assets -€3,058
down €3,058 (-8.0%), from €38,432 to €35,374
of which Leasing and similar rights: -€3,990
- Deferred charges and accrued income -€2,763
down €2,763 (-24.2%), from €11,431 to €8,668
- Reserves +€14,721
up €14,721 (+16.7%), from €87,997 to €102,718
- Trade debts -€9,672
down €9,672 (-76.9%), from €12,574 to €2,902
- Debts after one year -€7,136
down €7,136 (-42.2%), from €16,901 to €9,765
- Short-term financial debts -€1,984
down €1,984 (-32.9%), from €6,029 to €4,045
- Gross operating margin +€22,657
up €22,657 (+23.9%), from €94,623 to €117,280
- Taxes +€5,920
up €5,920 (+491%), from €1,207 to €7,127
- Staff costs +€4,540
up €4,540 (+6.0%), from €76,066 to €80,606
- Other operating charges -€1,721
down €1,721 (-28.3%), from €6,085 to €4,364
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 | €149,967 | €146,197 | -€3,770 | -2.5% |
| Fixed assets | 21/28 | €45,532 | €40,974 | -€4,558 | -10.0% |
| Intangible fixed assets | 21 | €4,500 | €3,000 | -€1,500 | -33.3% |
| Tangible fixed assets | 22/27 | €38,432 | €35,374 | -€3,058 | -8.0% |
| Plant, machinery and equipment | 23 | €16,780 | €20,391 | +€3,611 | +21.5% |
| Furniture and vehicles | 24 | €7,682 | €5,003 | -€2,679 | -34.9% |
| Leasing and similar rights | 25 | €13,970 | €9,980 | -€3,990 | -28.6% |
| Financial fixed assets | 28 | €2,600 | €2,600 | = | 0.0% |
| Current assets | 29/58 | €104,434 | €105,222 | +€788 | +0.8% |
| Stocks and contracts in progress | 3 | €9,607 | €14,693 | +€5,086 | +52.9% |
| Stocks | 30/36 | €9,607 | €4,693 | -€4,914 | -51.2% |
| Contracts in progress | 37 | - | €10,000 | +€10,000 | |
| Amounts receivable within one year | 40/41 | €47,757 | €32,773 | -€14,984 | -31.4% |
| Trade receivables | 40 | €30,538 | €4,862 | -€25,676 | -84.1% |
| Other amounts receivable | 41 | €17,219 | €27,910 | +€10,692 | +62.1% |
| Cash at bank and in hand | 54/58 | €35,640 | €49,089 | +€13,449 | +37.7% |
| Deferred charges and accrued income | 490/1 | €11,431 | €8,668 | -€2,763 | -24.2% |
| Total equity and liabilities | 10/49 | €149,967 | €146,197 | -€3,770 | -2.5% |
| Equity | 10/15 | €94,197 | €108,918 | +€14,721 | +15.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €87,997 | €102,718 | +€14,721 | +16.7% |
| Distributable reserves | 133 | €87,997 | €102,718 | +€14,721 | +16.7% |
| Amounts payable | 17/49 | €55,769 | €37,279 | -€18,491 | -33.2% |
| Amounts payable after more than one year | 17 | €16,901 | €9,765 | -€7,136 | -42.2% |
| Financial debts | 170/4 | €16,901 | €9,765 | -€7,136 | -42.2% |
| Amounts payable within one year | 42/48 | €38,868 | €27,514 | -€11,354 | -29.2% |
| Current portion of amounts payable after more than one year | 42 | €6,911 | €7,136 | +€225 | +3.3% |
| Financial debts | 43 | €6,029 | €4,045 | -€1,984 | -32.9% |
| Credit institutions | 430/8 | €6,029 | €4,045 | -€1,984 | -32.9% |
| Trade debts | 44 | €12,574 | €2,902 | -€9,672 | -76.9% |
| Suppliers | 440/4 | €12,574 | €2,902 | -€9,672 | -76.9% |
| Taxes, remuneration and social security | 45 | €13,354 | €13,430 | +€76 | +0.6% |
| Taxes | 450/3 | €2,314 | €2,012 | -€302 | -13.0% |
| Remuneration and social security | 454/9 | €11,041 | €11,418 | +€377 | +3.4% |
| Remuneration, social security and pensions | 62 | €76,066 | €80,606 | +€4,540 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,816 | €11,582 | +€766 | +7.1% |
| Other operating charges | 640/8 | €6,085 | €4,364 | -€1,721 | -28.3% |
| Gross operating margin | 9900 | €94,623 | €117,280 | +€22,657 | +23.9% |
| Operating profit (loss) | 9901 | €1,655 | €20,728 | +€19,073 | +1,152% |
| Financial income | 75/76B | €1,707 | €2,358 | +€651 | +38.1% |
| Recurring financial income | 75 | €1,707 | €2,358 | +€651 | +38.1% |
| Financial charges | 65/66B | €1,435 | €1,239 | -€196 | -13.7% |
| Recurring financial charges | 65 | €1,435 | €1,239 | -€196 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | €1,927 | €21,847 | +€19,920 | +1,034% |
| Income taxes | 67/77 | €1,207 | €7,127 | +€5,920 | +491% |
| Profit (loss) for the period | 9904 | €721 | €14,721 | +€14,000 | +1,943% |
| Profit (loss) for the period to be appropriated | 9905 | €721 | €14,721 | +€14,000 | +1,943% |
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 1 November 2026 via checked.be.