Jeroen Wallaeys: what changed
Jeroen Wallaeys
Largest movements
- Cash -€34,230
down €34,230 (-42.9%), from €79,883 to €45,653
mainly Contributions, distributions and other (-€90,000) and Tax, wage and social debts (-€10,206)
- Receivables within one year -€23,187
down €23,187 (-70.0%), from €33,121 to €9,934
of which Other amounts receivable: -€22,558
- Deferred charges and accrued income +€2,985
up €2,985 (+607%), from €492 to €3,477
- Profit (loss) carried forward -€46,206
down €46,206 (-47.2%), from €97,914 to €51,708
- Tax, wage and social debts -€10,206
down €10,206 (-63.1%), from €16,168 to €5,962
- Gross operating margin +€6,709
up €6,709 (+12.7%), from €52,737 to €59,447
- Taxes +€1,362
up €1,362 (+12.9%), from €10,544 to €11,906
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €116,953 | €61,448 | -€55,505 | -47.5% |
| Fixed assets | 21/28 | €3,458 | €2,385 | -€1,073 | -31.0% |
| Tangible fixed assets | 22/27 | €3,458 | €2,385 | -€1,073 | -31.0% |
| Furniture and vehicles | 24 | €3,458 | €2,385 | -€1,073 | -31.0% |
| Current assets | 29/58 | €113,495 | €59,063 | -€54,432 | -48.0% |
| Amounts receivable within one year | 40/41 | €33,121 | €9,934 | -€23,187 | -70.0% |
| Trade receivables | 40 | €10,263 | €9,634 | -€629 | -6.1% |
| Other amounts receivable | 41 | €22,858 | €300 | -€22,558 | -98.7% |
| Cash at bank and in hand | 54/58 | €79,883 | €45,653 | -€34,230 | -42.9% |
| Deferred charges and accrued income | 490/1 | €492 | €3,477 | +€2,985 | +607% |
| Total equity and liabilities | 10/49 | €116,953 | €61,448 | -€55,505 | -47.5% |
| Equity | 10/15 | €99,914 | €53,708 | -€46,206 | -46.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €97,914 | €51,708 | -€46,206 | -47.2% |
| Amounts payable | 17/49 | €17,039 | €7,740 | -€9,299 | -54.6% |
| Amounts payable within one year | 42/48 | €17,039 | €7,740 | -€9,299 | -54.6% |
| Trade debts | 44 | €871 | €1,096 | +€225 | +25.8% |
| Suppliers | 440/4 | €871 | €1,096 | +€225 | +25.8% |
| Taxes, remuneration and social security | 45 | €16,168 | €5,962 | -€10,206 | -63.1% |
| Taxes | 450/3 | €16,168 | €5,962 | -€10,206 | -63.1% |
| Other amounts payable | 47/48 | - | €682 | +€682 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,420 | €2,147 | -€274 | -11.3% |
| Other operating charges | 640/8 | €583 | €895 | +€311 | +53.4% |
| Gross operating margin | 9900 | €52,737 | €59,447 | +€6,709 | +12.7% |
| Operating profit (loss) | 9901 | €49,734 | €56,405 | +€6,672 | +13.4% |
| Financial income | 75/76B | €214 | - | -€214 | |
| Recurring financial income | 75 | €214 | - | -€214 | |
| Financial charges | 65/66B | €965 | €706 | -€259 | -26.9% |
| Recurring financial charges | 65 | €965 | €706 | -€259 | -26.9% |
| Profit (loss) for the period before taxes | 9903 | €48,982 | €55,700 | +€6,717 | +13.7% |
| Income taxes | 67/77 | €10,544 | €11,906 | +€1,362 | +12.9% |
| Profit (loss) for the period | 9904 | €38,439 | €43,794 | +€5,355 | +13.9% |
| Profit (loss) for the period to be appropriated | 9905 | €38,439 | €43,794 | +€5,355 | +13.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.