Jochems Tim: 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.
Jochems Tim
Largest movements
- Cash +€8,666
up €8,666 (+25.2%), from €34,399 to €43,065
mainly Depreciation (+€13,707) and Net result for the year (+€11,409)
- Tangible fixed assets -€7,939
down €7,939 (-3.6%), from €222,496 to €214,557
of which Land and buildings: -€4,453
- Other debts -€12,922
down €12,922 (-80.5%), from €16,060 to €3,139
- Reserves +€11,409
up €11,409 (+11.9%), from €96,123 to €107,532
- Debts after one year -€7,824
down €7,824 (-5.8%), from €135,946 to €128,122
- Trade debts +€6,798
up €6,798 (+348.5%), from €1,951 to €8,749
- Tax, wage and social debts +€4,259
up €4,259 (+150.5%), from €2,830 to €7,088
of which Taxes: +€4,259
- Gross operating margin -€8,959
down €8,959 (-18.7%), from €47,874 to €38,914
- Taxes -€2,353
down €2,353 (-29.4%), from €8,001 to €5,648
- Other operating charges +€914
up €914 (+79.4%), from €1,151 to €2,065
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.
Cash bridge derived
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 | €271,032 | €271,454 | +€422 | +0.2% |
| Fixed assets | 21/28 | €223,396 | €215,457 | -€7,939 | -3.6% |
| Tangible fixed assets | 22/27 | €222,496 | €214,557 | -€7,939 | -3.6% |
| Land and buildings | 22 | €206,107 | €201,654 | -€4,453 | -2.2% |
| Plant, machinery and equipment | 23 | €1,491 | €1,184 | -€307 | -20.6% |
| Furniture and vehicles | 24 | €14,897 | €11,719 | -€3,178 | -21.3% |
| Financial fixed assets | 28 | €900 | €900 | = | 0.0% |
| Current assets | 29/58 | €47,636 | €55,998 | +€8,361 | +17.6% |
| Amounts receivable within one year | 40/41 | €13,238 | €12,552 | -€686 | -5.2% |
| Trade receivables | 40 | €9,988 | €9,553 | -€435 | -4.4% |
| Other amounts receivable | 41 | €3,249 | €2,999 | -€250 | -7.7% |
| Cash at bank and in hand | 54/58 | €34,399 | €43,065 | +€8,666 | +25.2% |
| Deferred charges and accrued income | 490/1 | - | €381 | +€381 | |
| Total equity and liabilities | 10/49 | €271,032 | €271,454 | +€422 | +0.2% |
| Equity | 10/15 | €100,123 | €111,532 | +€11,409 | +11.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €96,123 | €107,532 | +€11,409 | +11.9% |
| Distributable reserves | 133 | €96,123 | €107,532 | +€11,409 | +11.9% |
| Amounts payable | 17/49 | €170,909 | €159,922 | -€10,987 | -6.4% |
| Amounts payable after more than one year | 17 | €135,946 | €128,122 | -€7,824 | -5.8% |
| Financial debts | 170/4 | €135,946 | €128,122 | -€7,824 | -5.8% |
| Amounts payable within one year | 42/48 | €34,963 | €31,800 | -€3,163 | -9.0% |
| Current portion of amounts payable after more than one year | 42 | €7,483 | €7,824 | +€341 | +4.6% |
| Financial debts | 43 | €6,640 | €5,000 | -€1,640 | -24.7% |
| Credit institutions | 430/8 | €6,640 | €5,000 | -€1,640 | -24.7% |
| Trade debts | 44 | €1,951 | €8,749 | +€6,798 | +348.5% |
| Suppliers | 440/4 | €1,951 | €8,749 | +€6,798 | +348.5% |
| Taxes, remuneration and social security | 45 | €2,830 | €7,088 | +€4,259 | +150.5% |
| Taxes | 450/3 | €1,740 | €5,998 | +€4,259 | +244.8% |
| Remuneration and social security | 454/9 | €1,090 | €1,090 | = | 0.0% |
| Other amounts payable | 47/48 | €16,060 | €3,139 | -€12,922 | -80.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,063 | €13,707 | -€355 | -2.5% |
| Other operating charges | 640/8 | €1,151 | €2,065 | +€914 | +79.4% |
| Gross operating margin | 9900 | €47,874 | €38,914 | -€8,959 | -18.7% |
| Operating profit (loss) | 9901 | €32,661 | €23,142 | -€9,518 | -29.1% |
| Financial income | 75/76B | €150 | €2 | -€148 | -98.8% |
| Recurring financial income | 75 | €150 | €2 | -€148 | -98.8% |
| Financial charges | 65/66B | €6,444 | €6,087 | -€358 | -5.6% |
| Recurring financial charges | 65 | €6,444 | €6,087 | -€358 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €26,366 | €17,058 | -€9,309 | -35.3% |
| Income taxes | 67/77 | €8,001 | €5,648 | -€2,353 | -29.4% |
| Profit (loss) for the period | 9904 | €18,365 | €11,409 | -€6,956 | -37.9% |
| Profit (loss) for the period to be appropriated | 9905 | €18,365 | €11,409 | -€6,956 | -37.9% |
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 12 October 2026 via checked.be.