JO SCHRIJVERS: 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 SCHRIJVERS
Largest movements
- Receivables within one year -€58,043
down €58,043 (-65.6%), from €88,535 to €30,492
of which Trade receivables: -€48,072
- Tangible fixed assets +€39,638
up €39,638 (+5.0%), from €788,117 to €827,755
of which Land and buildings: +€44,791
- Receivables after one year -€30,356
down €30,356 (-75.9%), from €40,000 to €9,644
- Deferred charges and accrued income +€29,822
up €29,822 (+152%), from €19,633 to €49,455
- Cash +€14,083
up €14,083 (+164%), from €8,586 to €22,669
mainly Other debts (+€64,395) and Receivables within one year (+€58,043)
- Other debts +€64,395
up €64,395 (+2,342%), from €2,750 to €67,145
- Debts after one year -€31,309
down €31,309 (-5.2%), from €601,711 to €570,402
- Reserves -€31,091
down €31,091 (-12.2%), from €254,214 to €223,123
of which Distributable reserves: -€31,091
- Tax, wage and social debts -€15,335
down €15,335 (-38.9%), from €39,401 to €24,066
- Gross operating margin +€39,797
up €39,797 (+69.8%), from €57,005 to €96,803
- Taxes +€9,830
up €9,830 (+299%), from €3,286 to €13,116
- Depreciation +€2,259
up €2,259 (+7.9%), from €28,755 to €31,014
- Other operating charges +€2,156
up €2,156 (+34.8%), from €6,192 to €8,348
- Financial income -€1,090
down €1,090 (-99.2%), from €1,099 to €9
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 | €954,870 | €950,015 | -€4,855 | -0.5% |
| Fixed assets | 21/28 | €798,117 | €837,755 | +€39,638 | +5.0% |
| Tangible fixed assets | 22/27 | €788,117 | €827,755 | +€39,638 | +5.0% |
| Land and buildings | 22 | €764,740 | €809,531 | +€44,791 | +5.9% |
| Furniture and vehicles | 24 | €2,069 | €955 | -€1,114 | -53.8% |
| Other tangible fixed assets | 26 | €21,308 | €17,269 | -€4,039 | -19.0% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €156,753 | €112,260 | -€44,493 | -28.4% |
| Amounts receivable after more than one year | 29 | €40,000 | €9,644 | -€30,356 | -75.9% |
| Other amounts receivable | 291 | €40,000 | €9,644 | -€30,356 | -75.9% |
| Amounts receivable within one year | 40/41 | €88,535 | €30,492 | -€58,043 | -65.6% |
| Trade receivables | 40 | €78,564 | €30,492 | -€48,072 | -61.2% |
| Other amounts receivable | 41 | €9,971 | €0 | -€9,971 | -100% |
| Cash at bank and in hand | 54/58 | €8,586 | €22,669 | +€14,083 | +164% |
| Deferred charges and accrued income | 490/1 | €19,633 | €49,455 | +€29,822 | +152% |
| Total equity and liabilities | 10/49 | €954,870 | €950,015 | -€4,855 | -0.5% |
| Equity | 10/15 | €275,304 | €244,212 | -€31,091 | -11.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €254,214 | €223,123 | -€31,091 | -12.2% |
| Tax-exempt reserves | 132 | €272 | €272 | = | 0.0% |
| Distributable reserves | 133 | €253,942 | €222,851 | -€31,091 | -12.2% |
| Profit (loss) carried forward | 14 | €2,490 | €2,490 | = | 0.0% |
| Amounts payable | 17/49 | €679,566 | €705,803 | +€26,236 | +3.9% |
| Amounts payable after more than one year | 17 | €601,711 | €570,402 | -€31,309 | -5.2% |
| Financial debts | 170/4 | €601,711 | €570,402 | -€31,309 | -5.2% |
| Amounts payable within one year | 42/48 | €74,681 | €130,564 | +€55,883 | +74.8% |
| Current portion of amounts payable after more than one year | 42 | €30,660 | €31,309 | +€648 | +2.1% |
| Trade debts | 44 | €1,870 | €8,045 | +€6,175 | +330% |
| Suppliers | 440/4 | €1,870 | €8,045 | +€6,175 | +330% |
| Taxes, remuneration and social security | 45 | €39,401 | €24,066 | -€15,335 | -38.9% |
| Taxes | 450/3 | €39,401 | €24,066 | -€15,335 | -38.9% |
| Other amounts payable | 47/48 | €2,750 | €67,145 | +€64,395 | +2,342% |
| Accrued charges and deferred income | 492/3 | €3,175 | €4,837 | +€1,662 | +52.4% |
| Non-recurring operating income | 76A | €2,066 | €0 | -€2,066 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,755 | €31,014 | +€2,259 | +7.9% |
| Other operating charges | 640/8 | €6,192 | €8,348 | +€2,156 | +34.8% |
| Gross operating margin | 9900 | €57,005 | €96,803 | +€39,797 | +69.8% |
| Operating profit (loss) | 9901 | €22,059 | €57,441 | +€35,382 | +160% |
| Financial income | 75/76B | €1,099 | €9 | -€1,090 | -99.2% |
| Recurring financial income | 75 | €1,099 | €9 | -€1,090 | -99.2% |
| Financial charges | 65/66B | €16,110 | €17,092 | +€982 | +6.1% |
| Recurring financial charges | 65 | €16,110 | €17,092 | +€982 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €7,047 | €40,358 | +€33,311 | +473% |
| Income taxes | 67/77 | €3,286 | €13,116 | +€9,830 | +299% |
| Profit (loss) for the period | 9904 | €3,761 | €27,242 | +€23,481 | +624% |
| Profit (loss) for the period to be appropriated | 9905 | €3,761 | €27,242 | +€23,481 | +624% |
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 17 October 2026 via checked.be.