JO DE WEIRELD: 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.
JO DE WEIRELD
Largest movements
- Current investments -€589,805
down €589,805 (-28.0%), from €2.1m to €1.5m
- Cash -€48,925
down €48,925 (-76.1%), from €64,265 to €15,340
mainly Contributions, distributions and other (-€780,511) and Receivables within one year (-€24,815)
- Reserves -€640,148
down €640,148 (-25.1%), from €2.5m to €1.9m
of which Distributable reserves: -€640,148
- Financial income +€151,306
up €151,306 (+258%), from €58,683 to €209,989
of which Financial income: +€151,306
- Taxes +€47,521
up €47,521 (+257%), from €18,524 to €66,045
- Gross operating margin -€5,019
down €5,019 (-41.0%), from €12,246 to €7,227
- Financial charges +€4,826
up €4,826, from -€2,634 to €2,192
- Depreciation -€676
down €676 (-7.7%), from €8,787 to €8,112
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 | €2,582,068 | €1,958,205 | -€623,863 | -24.2% |
| Fixed assets | 21/28 | €114,091 | €105,980 | -€8,112 | -7.1% |
| Tangible fixed assets | 22/27 | €114,091 | €105,980 | -€8,112 | -7.1% |
| Land and buildings | 22 | €84,069 | €80,598 | -€3,471 | -4.1% |
| Other tangible fixed assets | 26 | €30,022 | €25,382 | -€4,640 | -15.5% |
| Current assets | 29/58 | €2,467,976 | €1,852,225 | -€615,751 | -24.9% |
| Amounts receivable after more than one year | 29 | €280,000 | €280,000 | = | 0.0% |
| Other amounts receivable | 291 | €280,000 | €280,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,289 | €32,104 | +€24,815 | +340% |
| Trade receivables | 40 | €1,459 | €0 | -€1,459 | -100% |
| Other amounts receivable | 41 | €5,830 | €32,104 | +€26,274 | +451% |
| Current investments | 50/53 | €2,105,448 | €1,515,643 | -€589,805 | -28.0% |
| Cash at bank and in hand | 54/58 | €64,265 | €15,340 | -€48,925 | -76.1% |
| Deferred charges and accrued income | 490/1 | €10,975 | €9,138 | -€1,837 | -16.7% |
| Total equity and liabilities | 10/49 | €2,582,068 | €1,958,205 | -€623,863 | -24.2% |
| Equity | 10/15 | €2,566,419 | €1,926,121 | -€640,298 | -24.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,547,670 | €1,907,521 | -€640,148 | -25.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €2,547,670 | €1,907,521 | -€640,148 | -25.1% |
| Profit (loss) carried forward | 14 | €150 | €0 | -€150 | -100% |
| Amounts payable | 17/49 | €15,648 | €32,084 | +€16,436 | +105% |
| Amounts payable within one year | 42/48 | €15,648 | €32,084 | +€16,436 | +105% |
| Current portion of amounts payable after more than one year | 42 | €5,030 | €12,059 | +€7,029 | +140% |
| Trade debts | 44 | €5,117 | €3,784 | -€1,333 | -26.0% |
| Suppliers | 440/4 | €5,117 | €3,784 | -€1,333 | -26.0% |
| Taxes, remuneration and social security | 45 | €4,494 | €16,240 | +€11,746 | +261% |
| Taxes | 450/3 | €4,494 | €16,240 | +€11,746 | +261% |
| Other amounts payable | 47/48 | €1,006 | €0 | -€1,006 | -100% |
| Remuneration, social security and pensions | 62 | €623 | €0 | -€623 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,787 | €8,112 | -€676 | -7.7% |
| Other operating charges | 640/8 | €687 | €654 | -€33 | -4.8% |
| Gross operating margin | 9900 | €12,246 | €7,227 | -€5,019 | -41.0% |
| Operating profit (loss) | 9901 | €2,148 | -€1,539 | -€3,687 | |
| Financial income | 75/76B | €58,683 | €209,989 | +€151,306 | +258% |
| Recurring financial income | 75 | €58,683 | €209,989 | +€151,306 | +258% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | -€2,634 | €2,192 | +€4,826 | |
| Recurring financial charges | 65 | -€2,634 | €2,192 | +€4,826 | |
| Profit (loss) for the period before taxes | 9903 | €63,466 | €206,258 | +€142,792 | +225% |
| Income taxes | 67/77 | €18,524 | €66,045 | +€47,521 | +257% |
| Profit (loss) for the period | 9904 | €44,941 | €140,213 | +€95,271 | +212% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €44,941 | €140,213 | +€95,271 | +212% |
Source: filed annual accounts (NBB), financial years ended 1 July 2024 and 1 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.