Johan Vos: what changed
Johan Vos
Largest movements
- Receivables within one year -€13,066
down €13,066 (-99.9%), from €13,085 to €19
of which Other amounts receivable: -€7,512
- Tangible fixed assets -€8,379
down €8,379 (-4.3%), from €192,823 to €184,444
of which Land and buildings: -€5,277
- Cash -€7,673
down €7,673 (-22.3%), from €34,355 to €26,682
mainly Net result for the year (-€25,954) and Debts after one year (-€9,644)
- Reserves -€25,000
down €25,000 (-31.3%), from €80,000 to €55,000
- Debts after one year -€9,644
down €9,644 (-8.9%), from €108,209 to €98,565
- Other debts +€6,313
up €6,313 (+29.6%), from €21,340 to €27,652
- Depreciation -€6,517
down €6,517 (-43.8%), from €14,897 to €8,379
- Gross operating margin -€2,845
down €2,845 (-29.3%), from -€9,698 to -€12,542
- Other operating charges +€445
up €445 (+16.4%), from €2,711 to €3,156
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 | €242,907 | €213,646 | -€29,261 | -12.0% |
| Fixed assets | 21/28 | €195,323 | €186,944 | -€8,379 | -4.3% |
| Tangible fixed assets | 22/27 | €192,823 | €184,444 | -€8,379 | -4.3% |
| Land and buildings | 22 | €181,147 | €175,869 | -€5,277 | -2.9% |
| Furniture and vehicles | 24 | €11,676 | €8,575 | -€3,102 | -26.6% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €47,583 | €26,702 | -€20,882 | -43.9% |
| Amounts receivable within one year | 40/41 | €13,085 | €19 | -€13,066 | -99.9% |
| Trade receivables | 40 | €5,554 | - | -€5,554 | |
| Other amounts receivable | 41 | €7,532 | €19 | -€7,512 | -99.7% |
| Cash at bank and in hand | 54/58 | €34,355 | €26,682 | -€7,673 | -22.3% |
| Deferred charges and accrued income | 490/1 | €143 | - | -€143 | |
| Total equity and liabilities | 10/49 | €242,907 | €213,646 | -€29,261 | -12.0% |
| Equity | 10/15 | €103,470 | €77,516 | -€25,954 | -25.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €80,000 | €55,000 | -€25,000 | -31.3% |
| Distributable reserves | 133 | €80,000 | €55,000 | -€25,000 | -31.3% |
| Profit (loss) carried forward | 14 | €4,870 | €3,916 | -€954 | -19.6% |
| Amounts payable | 17/49 | €139,437 | €136,129 | -€3,307 | -2.4% |
| Amounts payable after more than one year | 17 | €108,209 | €98,565 | -€9,644 | -8.9% |
| Financial debts | 170/4 | €108,209 | €98,565 | -€9,644 | -8.9% |
| Amounts payable within one year | 42/48 | €31,228 | €37,565 | +€6,337 | +20.3% |
| Current portion of amounts payable after more than one year | 42 | €9,512 | €9,644 | +€132 | +1.4% |
| Trade debts | 44 | €376 | €268 | -€108 | -28.7% |
| Suppliers | 440/4 | €376 | €268 | -€108 | -28.7% |
| Other amounts payable | 47/48 | €21,340 | €27,652 | +€6,313 | +29.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,897 | €8,379 | -€6,517 | -43.8% |
| Other operating charges | 640/8 | €2,711 | €3,156 | +€445 | +16.4% |
| Gross operating margin | 9900 | -€9,698 | -€12,542 | -€2,845 | -29.3% |
| Operating profit (loss) | 9901 | -€27,305 | -€24,078 | +€3,228 | +11.8% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €1,970 | €1,876 | -€94 | -4.7% |
| Recurring financial charges | 65 | €1,970 | €1,876 | -€94 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | -€29,272 | -€25,954 | +€3,318 | +11.3% |
| Profit (loss) for the period | 9904 | -€29,272 | -€25,954 | +€3,318 | +11.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,272 | -€25,954 | +€3,318 | +11.3% |
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.