Jonas Van Lierde Projects: 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 Van Lierde Projects
Largest movements
- Receivables within one year -€29,850
down €29,850 (-65.4%), from €45,647 to €15,797
of which Trade receivables: -€35,191
- Cash -€24,991
down €24,991 (-100.0%), from €24,991 to €0
mainly Net result for the year (-€57,813) and Debts after one year (-€11,368)
- Tangible fixed assets -€11,781
down €11,781 (-37.9%), from €31,091 to €19,310
of which Plant, machinery and equipment: -€6,079
- Profit (loss) carried forward -€43,884
new in 2025: -€43,884
- Reserves -€13,929
down €13,929 (-100.0%), from €13,929 to €0
- Debts after one year -€11,368
down €11,368 (-24.4%), from €46,550 to €35,182
of which Financial debts: -€13,318
- Other debts -€10,517
down €10,517 (-79.0%), from €13,321 to €2,804
- Short-term financial debts +€10,489
new in 2025: €10,489
- Gross operating margin -€47,861
down €47,861, from €26,926 to -€20,935
- Other operating charges +€11,274
up €11,274 (+4458.2%), from €253 to €11,527
- Financial charges +€6,712
up €6,712 (+97.9%), from €6,858 to €13,570
- Depreciation +€2,203
up €2,203 (+23.0%), from €9,578 to €11,781
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 | €105,630 | €39,007 | -€66,623 | -63.1% |
| Fixed assets | 21/28 | €34,991 | €23,210 | -€11,781 | -33.7% |
| Tangible fixed assets | 22/27 | €31,091 | €19,310 | -€11,781 | -37.9% |
| Plant, machinery and equipment | 23 | €6,079 | €0 | -€6,079 | -100.0% |
| Furniture and vehicles | 24 | €25,013 | €19,310 | -€5,702 | -22.8% |
| Financial fixed assets | 28 | €3,900 | €3,900 | = | 0.0% |
| Current assets | 29/58 | €70,638 | €15,797 | -€54,842 | -77.6% |
| Amounts receivable within one year | 40/41 | €45,647 | €15,797 | -€29,850 | -65.4% |
| Trade receivables | 40 | €45,647 | €10,456 | -€35,191 | -77.1% |
| Other amounts receivable | 41 | - | €5,341 | +€5,341 | |
| Cash at bank and in hand | 54/58 | €24,991 | €0 | -€24,991 | -100.0% |
| Total equity and liabilities | 10/49 | €105,630 | €39,007 | -€66,623 | -63.1% |
| Equity | 10/15 | €16,929 | -€40,884 | -€57,813 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €13,929 | €0 | -€13,929 | -100.0% |
| Distributable reserves | 133 | €13,929 | €0 | -€13,929 | -100.0% |
| Profit (loss) carried forward | 14 | - | -€43,884 | -€43,884 | |
| Amounts payable | 17/49 | €88,701 | €79,891 | -€8,810 | -9.9% |
| Amounts payable after more than one year | 17 | €46,550 | €35,182 | -€11,368 | -24.4% |
| Financial debts | 170/4 | €46,550 | €33,232 | -€13,318 | -28.6% |
| Other amounts payable | 178/9 | - | €1,950 | +€1,950 | |
| Amounts payable within one year | 42/48 | €42,151 | €42,889 | +€738 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €11,012 | €11,368 | +€356 | +3.2% |
| Financial debts | 43 | - | €10,489 | +€10,489 | |
| Credit institutions | 430/8 | - | €10,489 | +€10,489 | |
| Trade debts | 44 | €16,332 | €17,961 | +€1,629 | +10.0% |
| Suppliers | 440/4 | €16,332 | €17,961 | +€1,629 | +10.0% |
| Taxes, remuneration and social security | 45 | €1,486 | €268 | -€1,218 | -82.0% |
| Taxes | 450/3 | €1,486 | €268 | -€1,218 | -82.0% |
| Other amounts payable | 47/48 | €13,321 | €2,804 | -€10,517 | -79.0% |
| Accrued charges and deferred income | 492/3 | - | €1,819 | +€1,819 | |
| Non-recurring operating income | 76A | €3,216 | €0 | -€3,216 | -100.0% |
| Remuneration, social security and pensions | 62 | €198 | €0 | -€198 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,578 | €11,781 | +€2,203 | +23.0% |
| Other operating charges | 640/8 | €253 | €11,527 | +€11,274 | +4458.2% |
| Non-recurring operating charges | 66A | €7,895 | €0 | -€7,895 | -100.0% |
| Gross operating margin | 9900 | €26,926 | -€20,935 | -€47,861 | |
| Operating profit (loss) | 9901 | €9,003 | -€44,243 | -€53,246 | |
| Financial income | 75/76B | €13 | €1 | -€12 | -95.3% |
| Recurring financial income | 75 | €13 | €1 | -€12 | -95.3% |
| Financial charges | 65/66B | €6,858 | €13,570 | +€6,712 | +97.9% |
| Recurring financial charges | 65 | €6,858 | €13,570 | +€6,712 | +97.9% |
| Profit (loss) for the period before taxes | 9903 | €2,158 | -€57,813 | -€59,970 | |
| Income taxes | 67/77 | €137 | €0 | -€137 | -100.0% |
| Profit (loss) for the period | 9904 | €2,021 | -€57,813 | -€59,834 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,021 | -€57,813 | -€59,834 |
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 11 October 2026 via checked.be.