JONAS DHAENENS: what changed
JONAS DHAENENS
Largest movements
- Receivables within one year +€34,050
up €34,050 (+440%), from €7,741 to €41,792
of which Trade receivables: +€38,884
- Deferred charges and accrued income -€27,506
no longer reported in 2025 (was €27,506)
- Cash +€14,722
up €14,722 (+114%), from €12,877 to €27,599
mainly Deferred charges and accrued income (+€27,506) and Trade debts (+€22,719)
- Trade debts +€22,719
up €22,719 (+587%), from €3,872 to €26,591
- Other debts -€11,500
down €11,500 (-41.8%), from €27,500 to €16,000
- Reserves +€8,500
up €8,500 (+59.6%), from €14,250 to €22,750
- Tax, wage and social debts +€1,500
new in 2025: €1,500
- Gross operating margin -€17,790
down €17,790 (-51.8%), from €34,364 to €16,574
- Other operating charges -€353
down €353 (-38.3%), from €923 to €570
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 | €48,124 | €69,390 | +€21,266 | +44.2% |
| Current assets | 29/58 | €48,124 | €69,390 | +€21,266 | +44.2% |
| Amounts receivable within one year | 40/41 | €7,741 | €41,792 | +€34,050 | +440% |
| Trade receivables | 40 | - | €38,884 | +€38,884 | |
| Other amounts receivable | 41 | €7,741 | €2,908 | -€4,833 | -62.4% |
| Cash at bank and in hand | 54/58 | €12,877 | €27,599 | +€14,722 | +114% |
| Deferred charges and accrued income | 490/1 | €27,506 | - | -€27,506 | |
| Total equity and liabilities | 10/49 | €48,124 | €69,390 | +€21,266 | +44.2% |
| Equity | 10/15 | €16,752 | €25,300 | +€8,548 | +51.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €14,250 | €22,750 | +€8,500 | +59.6% |
| Distributable reserves | 133 | €14,250 | €22,750 | +€8,500 | +59.6% |
| Profit (loss) carried forward | 14 | €2 | €50 | +€48 | +2,495% |
| Amounts payable | 17/49 | €31,372 | €44,091 | +€12,719 | +40.5% |
| Amounts payable within one year | 42/48 | €31,372 | €44,091 | +€12,719 | +40.5% |
| Trade debts | 44 | €3,872 | €26,591 | +€22,719 | +587% |
| Suppliers | 440/4 | €3,872 | €26,591 | +€22,719 | +587% |
| Taxes, remuneration and social security | 45 | - | €1,500 | +€1,500 | |
| Taxes | 450/3 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €27,500 | €16,000 | -€11,500 | -41.8% |
| Other operating charges | 640/8 | €923 | €570 | -€353 | -38.3% |
| Gross operating margin | 9900 | €34,364 | €16,574 | -€17,790 | -51.8% |
| Operating profit (loss) | 9901 | €33,441 | €16,004 | -€17,437 | -52.1% |
| Financial charges | 65/66B | €89 | €133 | +€44 | +50.0% |
| Recurring financial charges | 65 | €89 | €133 | +€44 | +50.0% |
| Profit (loss) for the period before taxes | 9903 | €33,352 | €15,871 | -€17,481 | -52.4% |
| Income taxes | 67/77 | €4,100 | €3,823 | -€277 | -6.8% |
| Profit (loss) for the period | 9904 | €29,252 | €12,048 | -€17,204 | -58.8% |
| Profit (loss) for the period to be appropriated | 9905 | €29,252 | €12,048 | -€17,204 | -58.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.