Jochems Kevin: what changed
Jochems Kevin
Largest movements
- Cash +€389,443
up €389,443 (+644%), from €60,436 to €449,879
mainly Net result for the year (+€208,420) and Receivables within one year (+€170,760)
- Receivables within one year -€170,760
down €170,760 (-83.3%), from €204,958 to €34,198
of which Trade receivables: -€157,885
- Stocks and contracts -€166,000
down €166,000 (-53.4%), from €310,750 to €144,750
- Tangible fixed assets +€63,462
up €63,462 (+340%), from €18,656 to €82,118
of which Furniture and vehicles: +€80,028
- Intangible fixed assets +€8,295
new in 2025: €8,295
- Reserves +€207,587
up €207,587 (+46.7%), from €444,828 to €652,415
- Trade debts -€108,487
down €108,487 (-92.6%), from €117,193 to €8,706
- Tax, wage and social debts +€10,728
up €10,728 (+63.9%), from €16,786 to €27,514
of which Taxes: +€8,168
- Debts after one year +€10,219
up €10,219 (+109%), from €9,344 to €19,564
- Gross operating margin +€225,553
up €225,553 (+115%), from €196,344 to €421,898
- Taxes +€79,229
up €79,229 (+1,551%), from €5,108 to €84,337
- Staff costs -€21,010
down €21,010 (-16.1%), from €130,736 to €109,725
- Other operating charges -€8,374
down €8,374 (-42.5%), from €19,720 to €11,346
- Depreciation -€4,845
down €4,845 (-52.6%), from €9,207 to €4,362
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 | €612,818 | €732,319 | +€119,501 | +19.5% |
| Fixed assets | 21/28 | €22,526 | €94,433 | +€71,907 | +319% |
| Intangible fixed assets | 21 | - | €8,295 | +€8,295 | |
| Tangible fixed assets | 22/27 | €18,656 | €82,118 | +€63,462 | +340% |
| Plant, machinery and equipment | 23 | €321 | €1,314 | +€993 | +310% |
| Furniture and vehicles | 24 | €776 | €80,804 | +€80,028 | +10,315% |
| Leasing and similar rights | 25 | €17,559 | €0 | -€17,559 | -100% |
| Financial fixed assets | 28 | €3,870 | €4,020 | +€150 | +3.9% |
| Current assets | 29/58 | €590,292 | €637,886 | +€47,594 | +8.1% |
| Stocks and contracts in progress | 3 | €310,750 | €144,750 | -€166,000 | -53.4% |
| Stocks | 30/36 | €310,750 | €144,750 | -€166,000 | -53.4% |
| Amounts receivable within one year | 40/41 | €204,958 | €34,198 | -€170,760 | -83.3% |
| Trade receivables | 40 | €173,981 | €16,097 | -€157,885 | -90.7% |
| Other amounts receivable | 41 | €30,976 | €18,101 | -€12,875 | -41.6% |
| Cash at bank and in hand | 54/58 | €60,436 | €449,879 | +€389,443 | +644% |
| Deferred charges and accrued income | 490/1 | €14,148 | €9,059 | -€5,089 | -36.0% |
| Total equity and liabilities | 10/49 | €612,818 | €732,319 | +€119,501 | +19.5% |
| Equity | 10/15 | €454,828 | €662,415 | +€207,587 | +45.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €444,828 | €652,415 | +€207,587 | +46.7% |
| Distributable reserves | 133 | €444,828 | €652,415 | +€207,587 | +46.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €157,990 | €69,904 | -€88,086 | -55.8% |
| Amounts payable after more than one year | 17 | €9,344 | €19,564 | +€10,219 | +109% |
| Financial debts | 170/4 | €9,344 | €19,564 | +€10,219 | +109% |
| Amounts payable within one year | 42/48 | €148,645 | €50,340 | -€98,305 | -66.1% |
| Current portion of amounts payable after more than one year | 42 | €9,131 | €9,648 | +€517 | +5.7% |
| Trade debts | 44 | €117,193 | €8,706 | -€108,487 | -92.6% |
| Suppliers | 440/4 | €117,193 | €8,706 | -€108,487 | -92.6% |
| Taxes, remuneration and social security | 45 | €16,786 | €27,514 | +€10,728 | +63.9% |
| Taxes | 450/3 | €3,283 | €11,451 | +€8,168 | +249% |
| Remuneration and social security | 454/9 | €13,503 | €16,062 | +€2,560 | +19.0% |
| Other amounts payable | 47/48 | €5,536 | €4,472 | -€1,063 | -19.2% |
| Non-recurring operating income | 76A | - | €4,341 | +€4,341 | |
| Remuneration, social security and pensions | 62 | €130,736 | €109,725 | -€21,010 | -16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,207 | €4,362 | -€4,845 | -52.6% |
| Other operating charges | 640/8 | €19,720 | €11,346 | -€8,374 | -42.5% |
| Gross operating margin | 9900 | €196,344 | €421,898 | +€225,553 | +115% |
| Operating profit (loss) | 9901 | €36,682 | €296,465 | +€259,783 | +708% |
| Financial income | 75/76B | €59 | €3 | -€56 | -95.7% |
| Recurring financial income | 75 | €59 | €3 | -€56 | -95.7% |
| Financial charges | 65/66B | €1,499 | €3,710 | +€2,211 | +148% |
| Recurring financial charges | 65 | €1,499 | €3,710 | +€2,211 | +148% |
| Profit (loss) for the period before taxes | 9903 | €35,242 | €292,757 | +€257,515 | +731% |
| Income taxes | 67/77 | €5,108 | €84,337 | +€79,229 | +1,551% |
| Profit (loss) for the period | 9904 | €30,133 | €208,420 | +€178,287 | +592% |
| Profit (loss) for the period to be appropriated | 9905 | €30,133 | €208,420 | +€178,287 | +592% |
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.