Johan Vanderlinden: 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.
Johan Vanderlinden
Largest movements
- Cash +€8,651
up €8,651 (+42.3%), from €20,446 to €29,097
mainly Accrued charges and deferred income (+€9,200) and Trade debts (+€1,502)
- Receivables within one year +€2,398
up €2,398 (+41.4%), from €5,788 to €8,186
of which Trade receivables: +€2,102
- Accrued charges and deferred income +€9,200
up €9,200 (+46.0%), from €20,000 to €29,200
- Trade debts +€1,502
up €1,502 (+26.1%), from €5,760 to €7,262
- Turnover +€13,771
up €13,771 (+18.5%), from €74,245 to €88,016
- Gross operating margin +€8,164
up €8,164 (+27.4%), from €29,780 to €37,944
- Purchases and services +€1,607
up €1,607 (+3.3%), from €48,465 to €50,072
- Staff costs +€1,568
up €1,568 (+5.4%), from €29,136 to €30,704
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 | €26,234 | €37,283 | +€11,049 | +42.1% |
| Current assets | 29/58 | €26,234 | €37,283 | +€11,049 | +42.1% |
| Amounts receivable within one year | 40/41 | €5,788 | €8,186 | +€2,398 | +41.4% |
| Trade receivables | 40 | €2,833 | €4,935 | +€2,102 | +74.2% |
| Other amounts receivable | 41 | €2,955 | €3,251 | +€296 | +10.0% |
| Cash at bank and in hand | 54/58 | €20,446 | €29,097 | +€8,651 | +42.3% |
| Total equity and liabilities | 10/49 | €26,234 | €37,283 | +€11,049 | +42.1% |
| Equity | 10/15 | -€5,315 | -€5,147 | +€168 | +3.2% |
| Profit (loss) carried forward | 14 | -€5,315 | -€5,147 | +€168 | +3.2% |
| Amounts payable | 17/49 | €31,549 | €42,430 | +€10,881 | +34.5% |
| Amounts payable within one year | 42/48 | €11,549 | €13,230 | +€1,681 | +14.6% |
| Trade debts | 44 | €5,760 | €7,262 | +€1,502 | +26.1% |
| Suppliers | 440/4 | €5,760 | €7,262 | +€1,502 | +26.1% |
| Other amounts payable | 47/48 | €5,789 | €5,968 | +€179 | +3.1% |
| Accrued charges and deferred income | 492/3 | €20,000 | €29,200 | +€9,200 | +46.0% |
| Turnover | 70 | €74,245 | €88,016 | +€13,771 | +18.5% |
| Non-recurring operating income | 76A | €4,000 | - | -€4,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €48,465 | €50,072 | +€1,607 | +3.3% |
| Remuneration, social security and pensions | 62 | €29,136 | €30,704 | +€1,568 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €542 | - | -€542 | |
| Non-recurring operating charges | 66A | - | €7,000 | +€7,000 | |
| Gross operating margin | 9900 | €29,780 | €37,944 | +€8,164 | +27.4% |
| Operating profit (loss) | 9901 | €102 | €240 | +€138 | +135% |
| Financial charges | 65/66B | €67 | €72 | +€5 | +7.5% |
| Recurring financial charges | 65 | €67 | €72 | +€5 | +7.5% |
| Profit (loss) for the period before taxes | 9903 | €35 | €168 | +€133 | +380% |
| Profit (loss) for the period | 9904 | €35 | €168 | +€133 | +380% |
| Profit (loss) for the period to be appropriated | 9905 | €35 | €168 | +€133 | +380% |
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 16 October 2026 via checked.be.