Jolien Schildermans: 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.
Jolien Schildermans
Largest movements
- Deferred charges and accrued income +€10,227
up €10,227 (+18.4%), from €55,564 to €65,791
- Tangible fixed assets -€1,639
down €1,639 (-32.6%), from €5,033 to €3,394
- Other debts +€8,061
up €8,061 (+8.0%), from €101,095 to €109,156
- Trade debts +€2,937
up €2,937 (+140%), from €2,095 to €5,032
- Tax, wage and social debts -€2,850
down €2,850 (-59.0%), from €4,830 to €1,980
of which Taxes: -€2,850
- Gross operating margin +€11,728
up €11,728 (+9.0%), from €130,829 to €142,556
- Taxes +€2,697
up €2,697 (+9.3%), from €29,000 to €31,696
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 | €126,821 | €136,016 | +€9,196 | +7.3% |
| Fixed assets | 21/28 | €5,033 | €3,394 | -€1,639 | -32.6% |
| Tangible fixed assets | 22/27 | €5,033 | €3,394 | -€1,639 | -32.6% |
| Furniture and vehicles | 24 | €5,033 | €3,394 | -€1,639 | -32.6% |
| Current assets | 29/58 | €121,788 | €132,622 | +€10,835 | +8.9% |
| Amounts receivable within one year | 40/41 | €15,644 | €15,694 | +€50 | +0.3% |
| Trade receivables | 40 | €15,644 | - | -€15,644 | |
| Other amounts receivable | 41 | - | €15,694 | +€15,694 | |
| Cash at bank and in hand | 54/58 | €50,580 | €51,138 | +€557 | +1.1% |
| Deferred charges and accrued income | 490/1 | €55,564 | €65,791 | +€10,227 | +18.4% |
| Total equity and liabilities | 10/49 | €126,821 | €136,016 | +€9,196 | +7.3% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Amounts payable | 17/49 | €108,221 | €117,416 | +€9,196 | +8.5% |
| Amounts payable within one year | 42/48 | €108,021 | €116,169 | +€8,148 | +7.5% |
| Trade debts | 44 | €2,095 | €5,032 | +€2,937 | +140% |
| Suppliers | 440/4 | €2,095 | €5,032 | +€2,937 | +140% |
| Taxes, remuneration and social security | 45 | €4,830 | €1,980 | -€2,850 | -59.0% |
| Taxes | 450/3 | €2,850 | - | -€2,850 | |
| Remuneration and social security | 454/9 | €1,980 | €1,980 | = | 0.0% |
| Other amounts payable | 47/48 | €101,095 | €109,156 | +€8,061 | +8.0% |
| Accrued charges and deferred income | 492/3 | €200 | €1,248 | +€1,048 | +524% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €522 | €1,639 | +€1,117 | +214% |
| Other operating charges | 640/8 | €590 | €609 | +€19 | +3.2% |
| Gross operating margin | 9900 | €130,829 | €142,556 | +€11,728 | +9.0% |
| Operating profit (loss) | 9901 | €129,716 | €140,308 | +€10,592 | +8.2% |
| Financial income | 75/76B | €503 | €679 | +€176 | +34.9% |
| Recurring financial income | 75 | €503 | €679 | +€176 | +34.9% |
| Financial charges | 65/66B | €125 | €135 | +€11 | +8.4% |
| Recurring financial charges | 65 | €125 | €135 | +€11 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | €130,095 | €140,852 | +€10,757 | +8.3% |
| Income taxes | 67/77 | €29,000 | €31,696 | +€2,697 | +9.3% |
| Profit (loss) for the period | 9904 | €101,095 | €109,156 | +€8,061 | +8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €101,095 | €109,156 | +€8,061 | +8.0% |
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 21 October 2026 via checked.be.