JOHN DECOCK: 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.
JOHN DECOCK
Largest movements
- Cash -€9,582
down €9,582 (-51.2%), from €18,720 to €9,138
mainly Investment in fixed assets (net) (-€12,390) and Other debts (-€2,700)
- Tangible fixed assets +€8,957
up €8,957 (+13.5%), from €66,318 to €75,275
- Receivables within one year +€2,499
up €2,499 (+286.5%), from €872 to €3,371
- Other debts -€2,700
down €2,700 (-1.6%), from €165,106 to €162,406
- Reserves +€2,168
up €2,168 (+13.1%), from €16,495 to €18,663
of which Distributable reserves: +€2,168
- Financial charges +€9,104
up €9,104 (+10792.8%), from €84 to €9,188
- Gross operating margin +€5,052
up €5,052 (+30.3%), from €16,651 to €21,704
- Taxes -€413
no longer reported in 2025 (was €413)
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 | €204,309 | €206,184 | +€1,874 | +0.9% |
| Fixed assets | 21/28 | €184,717 | €193,674 | +€8,957 | +4.8% |
| Tangible fixed assets | 22/27 | €66,318 | €75,275 | +€8,957 | +13.5% |
| Land and buildings | 22 | €66,318 | €75,275 | +€8,957 | +13.5% |
| Financial fixed assets | 28 | €118,399 | €118,399 | = | 0.0% |
| Current assets | 29/58 | €19,592 | €12,509 | -€7,083 | -36.2% |
| Amounts receivable within one year | 40/41 | €872 | €3,371 | +€2,499 | +286.5% |
| Trade receivables | 40 | €872 | €3,371 | +€2,499 | +286.5% |
| Cash at bank and in hand | 54/58 | €18,720 | €9,138 | -€9,582 | -51.2% |
| Total equity and liabilities | 10/49 | €204,309 | €206,184 | +€1,874 | +0.9% |
| Equity | 10/15 | €35,087 | €37,255 | +€2,168 | +6.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €16,495 | €18,663 | +€2,168 | +13.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €14,635 | €16,804 | +€2,168 | +14.8% |
| Amounts payable | 17/49 | €169,223 | €168,929 | -€294 | -0.2% |
| Amounts payable within one year | 42/48 | €166,589 | €164,309 | -€2,280 | -1.4% |
| Trade debts | 44 | €126 | €959 | +€833 | +660.7% |
| Suppliers | 440/4 | €126 | €959 | +€833 | +660.7% |
| Taxes, remuneration and social security | 45 | €1,357 | €944 | -€413 | -30.4% |
| Taxes | 450/3 | €944 | €944 | = | 0.0% |
| Remuneration and social security | 454/9 | €413 | - | -€413 | |
| Other amounts payable | 47/48 | €165,106 | €162,406 | -€2,700 | -1.6% |
| Accrued charges and deferred income | 492/3 | €2,633 | €4,620 | +€1,986 | +75.4% |
| Remuneration, social security and pensions | 62 | €100 | - | -€100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,433 | €3,433 | = | 0.0% |
| Other operating charges | 640/8 | €6,734 | €6,915 | +€181 | +2.7% |
| Gross operating margin | 9900 | €16,651 | €21,704 | +€5,052 | +30.3% |
| Operating profit (loss) | 9901 | €6,385 | €11,356 | +€4,971 | +77.9% |
| Financial charges | 65/66B | €84 | €9,188 | +€9,104 | +10792.8% |
| Recurring financial charges | 65 | €84 | €9,188 | +€9,104 | +10792.8% |
| Profit (loss) for the period before taxes | 9903 | €6,301 | €2,168 | -€4,132 | -65.6% |
| Income taxes | 67/77 | €413 | - | -€413 | |
| Profit (loss) for the period | 9904 | €5,888 | €2,168 | -€3,719 | -63.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,888 | €2,168 | -€3,719 | -63.2% |
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 11 October 2026 via checked.be.