Jeroen Van Gool: 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.
Jeroen Van Gool
Largest movements
- Cash +€51,657
up €51,657 (+84.4%), from €61,179 to €112,836
mainly Net result for the year (+€61,211) and Depreciation (+€2,122)
- Tangible fixed assets +€1,971
up €1,971 (+18.3%), from €10,782 to €12,754
of which Furniture and vehicles: +€2,977
- Reserves +€59,545
up €59,545 (+84.3%), from €70,664 to €130,209
- Other debts -€2,673
down €2,673 (-51.7%), from €5,170 to €2,497
- Trade debts -€1,926
down €1,926 (-73.7%), from €2,613 to €687
- Gross operating margin -€19,316
down €19,316 (-19.5%), from €99,036 to €79,720
- Taxes -€6,182
down €6,182 (-27.7%), from €22,332 to €16,150
- Depreciation -€1,216
down €1,216 (-36.4%), from €3,338 to €2,122
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 | €89,966 | €143,742 | +€53,776 | +59.8% |
| Fixed assets | 21/28 | €10,782 | €12,754 | +€1,971 | +18.3% |
| Tangible fixed assets | 22/27 | €10,782 | €12,754 | +€1,971 | +18.3% |
| Plant, machinery and equipment | 23 | €250 | €223 | -€28 | -11.0% |
| Furniture and vehicles | 24 | €1,621 | €4,598 | +€2,977 | +184% |
| Other tangible fixed assets | 26 | €8,911 | €7,933 | -€979 | -11.0% |
| Current assets | 29/58 | €79,183 | €130,989 | +€51,805 | +65.4% |
| Amounts receivable within one year | 40/41 | €17,249 | €16,501 | -€749 | -4.3% |
| Trade receivables | 40 | €15,525 | €16,376 | +€851 | +5.5% |
| Other amounts receivable | 41 | €1,724 | €125 | -€1,600 | -92.8% |
| Cash at bank and in hand | 54/58 | €61,179 | €112,836 | +€51,657 | +84.4% |
| Deferred charges and accrued income | 490/1 | €755 | €1,652 | +€897 | +119% |
| Total equity and liabilities | 10/49 | €89,966 | €143,742 | +€53,776 | +59.8% |
| Equity | 10/15 | €72,664 | €132,209 | +€59,545 | +81.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €70,664 | €130,209 | +€59,545 | +84.3% |
| Distributable reserves | 133 | €70,664 | €130,209 | +€59,545 | +84.3% |
| Amounts payable | 17/49 | €17,302 | €11,533 | -€5,768 | -33.3% |
| Amounts payable within one year | 42/48 | €16,583 | €11,480 | -€5,102 | -30.8% |
| Trade debts | 44 | €2,613 | €687 | -€1,926 | -73.7% |
| Suppliers | 440/4 | €2,613 | €687 | -€1,926 | -73.7% |
| Taxes, remuneration and social security | 45 | €8,800 | €8,296 | -€503 | -5.7% |
| Taxes | 450/3 | €8,800 | €8,296 | -€503 | -5.7% |
| Other amounts payable | 47/48 | €5,170 | €2,497 | -€2,673 | -51.7% |
| Accrued charges and deferred income | 492/3 | €719 | €53 | -€666 | -92.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,338 | €2,122 | -€1,216 | -36.4% |
| Other operating charges | 640/8 | - | €144 | +€144 | |
| Non-recurring operating charges | 66A | €869 | - | -€869 | |
| Gross operating margin | 9900 | €99,036 | €79,720 | -€19,316 | -19.5% |
| Operating profit (loss) | 9901 | €94,829 | €77,454 | -€17,375 | -18.3% |
| Financial income | 75/76B | €0 | €0 | -€0 | -66.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -66.7% |
| Financial charges | 65/66B | €115 | €94 | -€21 | -18.5% |
| Recurring financial charges | 65 | €115 | €94 | -€21 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €94,714 | €77,361 | -€17,354 | -18.3% |
| Income taxes | 67/77 | €22,332 | €16,150 | -€6,182 | -27.7% |
| Profit (loss) for the period | 9904 | €72,382 | €61,211 | -€11,171 | -15.4% |
| Profit (loss) for the period to be appropriated | 9905 | €72,382 | €61,211 | -€11,171 | -15.4% |
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 19 October 2026 via checked.be.