JIMMY SORGELOOS: what changed
What changed
JIMMY SORGELOOS
NACE 43.221, Plumbing work
filed annual accounts (NBB)
Net result for the year
€22,153
2024 · €25,261-€3,108
Equity
€99,501
2024 · €105,003-€5,502
Cash
€42,944
2024 · €6,239+€36,705
Balance sheet total
€191,387
2024 · €165,034+€26,353
Largest movements
Assets
- Cash +€36,705
up €36,705 (+588%), from €6,239 to €42,944
mainly Net result for the year (+€22,153) and Receivables after one year (+€17,543)
- Receivables after one year -€17,543
down €17,543 (-27.8%), from €63,000 to €45,457
- Receivables within one year +€11,250
up €11,250 (+18.3%), from €61,331 to €72,581
of which Other amounts receivable: +€6,156
Equity and liabilities
- Trade debts +€16,517
up €16,517 (+32.8%), from €50,363 to €66,880
- Short-term financial debts +€9,996
up €9,996 (+96,398%), from €10 to €10,007
- Current portion of long-term debt +€6,052
new in 2025: €6,052
- Tax, wage and social debts -€5,961
down €5,961 (-79.8%), from €7,475 to €1,514
- Reserves -€5,502
down €5,502 (-5.6%), from €98,803 to €93,301
of which Distributable reserves: -€5,502
Income statement
- Depreciation +€5,595
up €5,595 (+65.2%), from €8,575 to €14,171
- Gross operating margin -€4,870
down €4,870 (-9.3%), from €52,401 to €47,532
- Taxes -€3,932
down €3,932 (-29.5%), from €13,335 to €9,404
- Other operating charges -€1,579
down €1,579 (-33.9%), from €4,665 to €3,085
- Financial charges -€1,156
down €1,156 (-47.8%), from €2,418 to €1,262
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.
Result 2024
€25,261
Gross operating margin
-€4,870
Depreciation
-€5,595
Other operating charges
+€1,579
Other operating items
+€1,226
Financial income
-€537
Financial charges
+€1,156
Taxes
+€3,932
Result 2025
€22,153
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€59,103
Investment
-€12,338
Financing
-€10,060
Cash 2024
€6,239
From operations (derived)
+€59,103
Net result for the year
+€22,153
Depreciation
+€14,171
Receivables after one year
+€17,543
Stocks and contracts
+€1,799
Receivables within one year
-€11,250
Deferred charges and accrued income
+€427
Trade debts
+€16,517
Tax, wage and social debts
-€5,961
Other debts
+€3,705
Investment (derived)
-€12,338
Investment in fixed assets (net)
-€12,338
Financing
-€10,060
Debts after one year
+€1,546
Current portion of long-term debt
+€6,052
Short-term financial debts
+€9,996
Contributions, distributions and other
-€27,655
Cash 2025
€42,944
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €165,034 | €191,387 | +€26,353 | +16.0% |
| Fixed assets | 21/28 | €22,508 | €20,675 | -€1,833 | -8.1% |
| Tangible fixed assets | 22/27 | €22,508 | €20,675 | -€1,833 | -8.1% |
| Plant, machinery and equipment | 23 | €6,399 | €3,522 | -€2,878 | -45.0% |
| Furniture and vehicles | 24 | €13,876 | €15,580 | +€1,704 | +12.3% |
| Other tangible fixed assets | 26 | €2,233 | €1,574 | -€659 | -29.5% |
| Current assets | 29/58 | €142,526 | €170,712 | +€28,186 | +19.8% |
| Amounts receivable after more than one year | 29 | €63,000 | €45,457 | -€17,543 | -27.8% |
| Other amounts receivable | 291 | €63,000 | €45,457 | -€17,543 | -27.8% |
| Stocks and contracts in progress | 3 | €9,336 | €7,537 | -€1,799 | -19.3% |
| Stocks | 30/36 | €9,336 | €7,537 | -€1,799 | -19.3% |
| Amounts receivable within one year | 40/41 | €61,331 | €72,581 | +€11,250 | +18.3% |
| Trade receivables | 40 | €55,963 | €61,057 | +€5,094 | +9.1% |
| Other amounts receivable | 41 | €5,368 | €11,524 | +€6,156 | +115% |
| Cash at bank and in hand | 54/58 | €6,239 | €42,944 | +€36,705 | +588% |
| Deferred charges and accrued income | 490/1 | €2,620 | €2,194 | -€427 | -16.3% |
| Total equity and liabilities | 10/49 | €165,034 | €191,387 | +€26,353 | +16.0% |
| Equity | 10/15 | €105,003 | €99,501 | -€5,502 | -5.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €98,803 | €93,301 | -€5,502 | -5.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €96,943 | €91,441 | -€5,502 | -5.7% |
| Amounts payable | 17/49 | €60,031 | €91,886 | +€31,855 | +53.1% |
| Amounts payable after more than one year | 17 | - | €1,546 | +€1,546 | |
| Financial debts | 170/4 | - | €1,546 | +€1,546 | |
| Amounts payable within one year | 42/48 | €58,531 | €88,840 | +€30,309 | +51.8% |
| Current portion of amounts payable after more than one year | 42 | - | €6,052 | +€6,052 | |
| Financial debts | 43 | €10 | €10,007 | +€9,996 | +96,398% |
| Credit institutions | 430/8 | €10 | €10,007 | +€9,996 | +96,398% |
| Trade debts | 44 | €50,363 | €66,880 | +€16,517 | +32.8% |
| Suppliers | 440/4 | €50,363 | €66,880 | +€16,517 | +32.8% |
| Taxes, remuneration and social security | 45 | €7,475 | €1,514 | -€5,961 | -79.8% |
| Taxes | 450/3 | €7,475 | €1,514 | -€5,961 | -79.8% |
| Other amounts payable | 47/48 | €683 | €4,387 | +€3,705 | +543% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,575 | €14,171 | +€5,595 | +65.2% |
| Other operating charges | 640/8 | €4,665 | €3,085 | -€1,579 | -33.9% |
| Non-recurring operating charges | 66A | €1,226 | - | -€1,226 | |
| Gross operating margin | 9900 | €52,401 | €47,532 | -€4,870 | -9.3% |
| Operating profit (loss) | 9901 | €37,935 | €30,276 | -€7,659 | -20.2% |
| Financial income | 75/76B | €3,079 | €2,543 | -€537 | -17.4% |
| Recurring financial income | 75 | €3,079 | €2,543 | -€537 | -17.4% |
| Financial charges | 65/66B | €2,418 | €1,262 | -€1,156 | -47.8% |
| Recurring financial charges | 65 | €2,418 | €1,262 | -€1,156 | -47.8% |
| Profit (loss) for the period before taxes | 9903 | €38,596 | €31,556 | -€7,040 | -18.2% |
| Income taxes | 67/77 | €13,335 | €9,404 | -€3,932 | -29.5% |
| Profit (loss) for the period | 9904 | €25,261 | €22,153 | -€3,108 | -12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €25,261 | €22,153 | -€3,108 | -12.3% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.