JOHN DORY: what changed
Two fiscal 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 DORY
Largest movements
- Receivables within one year -€76,022
down €76,022 (-76.5%), from €99,388 to €23,366
of which Trade receivables: -€42,148
- Receivables after one year +€28,921
up €28,921 (+63.2%), from €45,726 to €74,647
- Cash +€11,004
up €11,004 (+437.9%), from €2,513 to €13,517
mainly Receivables within one year (+€76,022) and Net result for the year (+€18,213)
- Tangible fixed assets -€6,965
down €6,965 (-27.2%), from €25,596 to €18,631
of which Furniture and vehicles: -€5,931
- Reserves -€51,145
down €51,145 (-96.2%), from €53,145 to €2,000
of which Distributable reserves: -€51,145
- Other debts +€15,215
up €15,215 (+18.7%), from €81,388 to €96,603
- Tax, wage and social debts -€7,608
down €7,608 (-58.3%), from €13,060 to €5,452
- Gross operating margin +€7,881
up €7,881 (+28.1%), from €28,085 to €35,966
- Taxes +€1,617
up €1,617 (+34.4%), from €4,701 to €6,317
- Financial charges +€1,180
up €1,180 (+32.7%), from €3,603 to €4,783
- Depreciation -€801
down €801 (-10.3%), from €7,766 to €6,965
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 | €173,324 | €130,162 | -€43,163 | -24.9% |
| Fixed assets | 21/28 | €25,596 | €18,631 | -€6,965 | -27.2% |
| Tangible fixed assets | 22/27 | €25,596 | €18,631 | -€6,965 | -27.2% |
| Furniture and vehicles | 24 | €20,341 | €14,410 | -€5,931 | -29.2% |
| Other tangible fixed assets | 26 | €5,255 | €4,221 | -€1,034 | -19.7% |
| Current assets | 29/58 | €147,728 | €111,531 | -€36,198 | -24.5% |
| Amounts receivable after more than one year | 29 | €45,726 | €74,647 | +€28,921 | +63.2% |
| Other amounts receivable | 291 | €45,726 | €74,647 | +€28,921 | +63.2% |
| Amounts receivable within one year | 40/41 | €99,388 | €23,366 | -€76,022 | -76.5% |
| Trade receivables | 40 | €64,332 | €22,183 | -€42,148 | -65.5% |
| Other amounts receivable | 41 | €35,057 | €1,183 | -€33,874 | -96.6% |
| Cash at bank and in hand | 54/58 | €2,513 | €13,517 | +€11,004 | +437.9% |
| Deferred charges and accrued income | 490/1 | €101 | €0 | -€101 | -100.0% |
| Total equity and liabilities | 10/49 | €173,324 | €130,162 | -€43,163 | -24.9% |
| Equity | 10/15 | €73,145 | €22,000 | -€51,145 | -69.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €53,145 | €2,000 | -€51,145 | -96.2% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €51,145 | €0 | -€51,145 | -100.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €100,179 | €108,162 | +€7,982 | +8.0% |
| Amounts payable within one year | 42/48 | €96,521 | €103,433 | +€6,913 | +7.2% |
| Trade debts | 44 | €2,072 | €1,379 | -€694 | -33.5% |
| Suppliers | 440/4 | €2,072 | €1,379 | -€694 | -33.5% |
| Taxes, remuneration and social security | 45 | €13,060 | €5,452 | -€7,608 | -58.3% |
| Taxes | 450/3 | €13,060 | €5,452 | -€7,608 | -58.3% |
| Other amounts payable | 47/48 | €81,388 | €96,603 | +€15,215 | +18.7% |
| Accrued charges and deferred income | 492/3 | €3,659 | €4,728 | +€1,069 | +29.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,766 | €6,965 | -€801 | -10.3% |
| Other operating charges | 640/8 | €1,172 | €896 | -€276 | -23.5% |
| Gross operating margin | 9900 | €28,085 | €35,966 | +€7,881 | +28.1% |
| Operating profit (loss) | 9901 | €19,146 | €28,105 | +€8,958 | +46.8% |
| Financial income | 75/76B | €1,057 | €1,208 | +€151 | +14.3% |
| Recurring financial income | 75 | €1,057 | €1,208 | +€151 | +14.3% |
| Financial charges | 65/66B | €3,603 | €4,783 | +€1,180 | +32.7% |
| Recurring financial charges | 65 | €3,603 | €4,783 | +€1,180 | +32.7% |
| Profit (loss) for the period before taxes | 9903 | €16,600 | €24,530 | +€7,930 | +47.8% |
| Income taxes | 67/77 | €4,701 | €6,317 | +€1,617 | +34.4% |
| Profit (loss) for the period | 9904 | €11,900 | €18,213 | +€6,313 | +53.1% |
| Profit (loss) for the period to be appropriated | 9905 | €11,900 | €18,213 | +€6,313 | +53.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.