JONAS UW VERSBOER: 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 UW VERSBOER
Largest movements
- Tangible fixed assets +€23,521
up €23,521 (+24.3%), from €96,955 to €120,476
of which Plant, machinery and equipment: +€21,916
- Receivables within one year +€4,421
up €4,421 (+9.6%), from €46,071 to €50,493
of which Other amounts receivable: +€9,905
- Profit (loss) carried forward +€50,465
up €50,465 (+20.2%), from -€250,220 to -€199,755
- Current portion of long-term debt -€26,290
down €26,290 (-78.6%), from €33,440 to €7,150
- Tax, wage and social debts +€14,845
up €14,845 (+285%), from €5,200 to €20,045
of which Remuneration and social security: +€12,814
- Debts after one year -€7,150
no longer reported in 2025 (was €7,150)
- Other debts -€6,217
down €6,217 (-22.1%), from €28,094 to €21,877
- Gross operating margin +€266,664
up €266,664, from -€38,138 to €228,525
- Staff costs +€113,242
up €113,242 (+221%), from €51,177 to €164,419
- Financial charges -€9,905
down €9,905 (-48.3%), from €20,509 to €10,604
- Other operating charges -€4,529
down €4,529 (-79.5%), from €5,699 to €1,170
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 | €228,827 | €253,754 | +€24,927 | +10.9% |
| Formation expenses | 20 | €2,116 | €1,058 | -€1,058 | -50.0% |
| Fixed assets | 21/28 | €172,833 | €196,489 | +€23,656 | +13.7% |
| Intangible fixed assets | 21 | €69,379 | €69,379 | = | 0.0% |
| Tangible fixed assets | 22/27 | €96,955 | €120,476 | +€23,521 | +24.3% |
| Plant, machinery and equipment | 23 | €31,611 | €53,527 | +€21,916 | +69.3% |
| Furniture and vehicles | 24 | €65,344 | €66,949 | +€1,605 | +2.5% |
| Financial fixed assets | 28 | €6,500 | €6,635 | +€135 | +2.1% |
| Current assets | 29/58 | €53,878 | €56,207 | +€2,329 | +4.3% |
| Amounts receivable within one year | 40/41 | €46,071 | €50,493 | +€4,421 | +9.6% |
| Trade receivables | 40 | €29,002 | €23,518 | -€5,484 | -18.9% |
| Other amounts receivable | 41 | €17,069 | €26,975 | +€9,905 | +58.0% |
| Cash at bank and in hand | 54/58 | €7,807 | €5,714 | -€2,092 | -26.8% |
| Total equity and liabilities | 10/49 | €228,827 | €253,754 | +€24,927 | +10.9% |
| Equity | 10/15 | -€230,220 | -€179,755 | +€50,465 | +21.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€250,220 | -€199,755 | +€50,465 | +20.2% |
| Amounts payable | 17/49 | €459,047 | €433,510 | -€25,537 | -5.6% |
| Amounts payable after more than one year | 17 | €7,150 | - | -€7,150 | |
| Financial debts | 170/4 | €7,150 | - | -€7,150 | |
| Amounts payable within one year | 42/48 | €451,897 | €433,510 | -€18,387 | -4.1% |
| Current portion of amounts payable after more than one year | 42 | €33,440 | €7,150 | -€26,290 | -78.6% |
| Trade debts | 44 | €385,163 | €384,437 | -€726 | -0.2% |
| Suppliers | 440/4 | €385,163 | €384,437 | -€726 | -0.2% |
| Taxes, remuneration and social security | 45 | €5,200 | €20,045 | +€14,845 | +285% |
| Taxes | 450/3 | €823 | €2,853 | +€2,031 | +247% |
| Remuneration and social security | 454/9 | €4,378 | €17,192 | +€12,814 | +293% |
| Other amounts payable | 47/48 | €28,094 | €21,877 | -€6,217 | -22.1% |
| Remuneration, social security and pensions | 62 | €51,177 | €164,419 | +€113,242 | +221% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,366 | €1,867 | +€502 | +36.7% |
| Other operating charges | 640/8 | €5,699 | €1,170 | -€4,529 | -79.5% |
| Gross operating margin | 9900 | -€38,138 | €228,525 | +€266,664 | |
| Operating profit (loss) | 9901 | -€96,380 | €61,069 | +€157,449 | |
| Financial income | 75/76B | €982 | - | -€982 | |
| Recurring financial income | 75 | €982 | - | -€982 | |
| Financial charges | 65/66B | €20,509 | €10,604 | -€9,905 | -48.3% |
| Recurring financial charges | 65 | €20,509 | €10,604 | -€9,905 | -48.3% |
| Profit (loss) for the period before taxes | 9903 | -€115,907 | €50,465 | +€166,372 | |
| Profit (loss) for the period | 9904 | -€115,907 | €50,465 | +€166,372 | |
| Profit (loss) for the period to be appropriated | 9905 | -€115,907 | €50,465 | +€166,372 |
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 16 October 2026 via checked.be.