Jonas Beirnaert: 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.
Jonas Beirnaert
Largest movements
- Cash +€6,643
up €6,643 (+33.5%), from €19,837 to €26,480
mainly Net result for the year (+€8,765) and Depreciation (+€4,633)
- Receivables within one year +€4,837
up €4,837 (+56.7%), from €8,534 to €13,371
of which Other amounts receivable: +€2,889
- Tangible fixed assets -€4,633
down €4,633 (-31.6%), from €14,670 to €10,037
- Reserves +€8,765
up €8,765 (+52.5%), from €16,708 to €25,473
- Debts after one year -€4,605
down €4,605 (-41.2%), from €11,166 to €6,561
- Trade debts +€1,882
up €1,882 (+52.0%), from €3,619 to €5,502
- Other debts +€621
up €621 (+111%), from €560 to €1,182
- Gross operating margin -€783
down €783 (-4.2%), from €18,452 to €17,669
- Other operating charges +€329
up €329 (+219%), from €150 to €479
- Financial charges -€208
down €208 (-23.4%), from €890 to €682
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 | €43,866 | €50,731 | +€6,865 | +15.7% |
| Fixed assets | 21/28 | €14,670 | €10,037 | -€4,633 | -31.6% |
| Tangible fixed assets | 22/27 | €14,670 | €10,037 | -€4,633 | -31.6% |
| Leasing and similar rights | 25 | €14,670 | €10,037 | -€4,633 | -31.6% |
| Current assets | 29/58 | €29,196 | €40,694 | +€11,498 | +39.4% |
| Amounts receivable within one year | 40/41 | €8,534 | €13,371 | +€4,837 | +56.7% |
| Trade receivables | 40 | €8,534 | €10,482 | +€1,948 | +22.8% |
| Other amounts receivable | 41 | - | €2,889 | +€2,889 | |
| Cash at bank and in hand | 54/58 | €19,837 | €26,480 | +€6,643 | +33.5% |
| Deferred charges and accrued income | 490/1 | €826 | €844 | +€18 | +2.2% |
| Total equity and liabilities | 10/49 | €43,866 | €50,731 | +€6,865 | +15.7% |
| Equity | 10/15 | €19,708 | €28,473 | +€8,765 | +44.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €16,708 | €25,473 | +€8,765 | +52.5% |
| Distributable reserves | 133 | €16,708 | €25,473 | +€8,765 | +52.5% |
| Amounts payable | 17/49 | €24,158 | €22,259 | -€1,900 | -7.9% |
| Amounts payable after more than one year | 17 | €11,166 | €6,561 | -€4,605 | -41.2% |
| Financial debts | 170/4 | €11,166 | €6,561 | -€4,605 | -41.2% |
| Amounts payable within one year | 42/48 | €12,992 | €15,698 | +€2,705 | +20.8% |
| Current portion of amounts payable after more than one year | 42 | €4,406 | €4,605 | +€198 | +4.5% |
| Trade debts | 44 | €3,619 | €5,502 | +€1,882 | +52.0% |
| Suppliers | 440/4 | €3,619 | €5,502 | +€1,882 | +52.0% |
| Taxes, remuneration and social security | 45 | €4,407 | €4,409 | +€3 | +0.1% |
| Taxes | 450/3 | €4,407 | €4,409 | +€3 | +0.1% |
| Other amounts payable | 47/48 | €560 | €1,182 | +€621 | +111% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,633 | €4,633 | = | 0.0% |
| Other operating charges | 640/8 | €150 | €479 | +€329 | +219% |
| Gross operating margin | 9900 | €18,452 | €17,669 | -€783 | -4.2% |
| Operating profit (loss) | 9901 | €13,670 | €12,558 | -€1,112 | -8.1% |
| Financial charges | 65/66B | €890 | €682 | -€208 | -23.4% |
| Recurring financial charges | 65 | €890 | €682 | -€208 | -23.4% |
| Profit (loss) for the period before taxes | 9903 | €12,779 | €11,876 | -€904 | -7.1% |
| Income taxes | 67/77 | €3,261 | €3,111 | -€150 | -4.6% |
| Profit (loss) for the period | 9904 | €9,518 | €8,765 | -€754 | -7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,518 | €8,765 | -€754 | -7.9% |
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 23 October 2026 via checked.be.