Jonathan De Landsheere: 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.
Jonathan De Landsheere
Largest movements
- Cash +€48,175
up €48,175 (+63.0%), from €76,509 to €124,684
mainly Net result for the year (+€45,702) and Tax, wage and social debts (+€5,299)
- Profit (loss) carried forward +€45,702
new in 2025: €45,702
- Tax, wage and social debts +€5,299
up €5,299 (+64.8%), from €8,172 to €13,471
- Other debts -€2,995
no longer reported in 2025 (was €2,995)
- Trade debts -€1,630
down €1,630 (-71.0%), from €2,297 to €667
- Gross operating margin +€8,538
up €8,538 (+16.0%), from €53,372 to €61,910
- Taxes +€2,492
up €2,492 (+21.8%), from €11,424 to €13,915
- Depreciation +€1,062
up €1,062 (+413%), from €257 to €1,320
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 | €88,195 | €134,570 | +€46,376 | +52.6% |
| Fixed assets | 21/28 | €9,129 | €7,809 | -€1,320 | -14.5% |
| Tangible fixed assets | 22/27 | €9,129 | €7,809 | -€1,320 | -14.5% |
| Furniture and vehicles | 24 | €7,842 | €6,780 | -€1,062 | -13.5% |
| Other tangible fixed assets | 26 | €1,287 | €1,029 | -€258 | -20.0% |
| Current assets | 29/58 | €79,066 | €126,761 | +€47,696 | +60.3% |
| Amounts receivable within one year | 40/41 | €1,964 | €1,573 | -€390 | -19.9% |
| Trade receivables | 40 | €1,277 | - | -€1,277 | |
| Other amounts receivable | 41 | €687 | €1,573 | +€887 | +129% |
| Cash at bank and in hand | 54/58 | €76,509 | €124,684 | +€48,175 | +63.0% |
| Deferred charges and accrued income | 490/1 | €593 | €504 | -€90 | -15.1% |
| Total equity and liabilities | 10/49 | €88,195 | €134,570 | +€46,376 | +52.6% |
| Equity | 10/15 | €74,731 | €120,433 | +€45,702 | +61.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €69,731 | €69,731 | = | 0.0% |
| Distributable reserves | 133 | €69,731 | €69,731 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €45,702 | +€45,702 | |
| Amounts payable | 17/49 | €13,463 | €14,138 | +€674 | +5.0% |
| Amounts payable within one year | 42/48 | €13,463 | €14,138 | +€674 | +5.0% |
| Trade debts | 44 | €2,297 | €667 | -€1,630 | -71.0% |
| Suppliers | 440/4 | €2,297 | €667 | -€1,630 | -71.0% |
| Taxes, remuneration and social security | 45 | €8,172 | €13,471 | +€5,299 | +64.8% |
| Taxes | 450/3 | €8,172 | €13,471 | +€5,299 | +64.8% |
| Other amounts payable | 47/48 | €2,995 | - | -€2,995 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €257 | €1,320 | +€1,062 | +413% |
| Other operating charges | 640/8 | €1,140 | €892 | -€248 | -21.8% |
| Gross operating margin | 9900 | €53,372 | €61,910 | +€8,538 | +16.0% |
| Operating profit (loss) | 9901 | €51,975 | €59,699 | +€7,724 | +14.9% |
| Financial income | 75/76B | €1 | €96 | +€96 | +17,436% |
| Recurring financial income | 75 | €1 | €96 | +€96 | +17,436% |
| Financial charges | 65/66B | €218 | €178 | -€40 | -18.5% |
| Recurring financial charges | 65 | €218 | €178 | -€40 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €51,757 | €59,617 | +€7,860 | +15.2% |
| Income taxes | 67/77 | €11,424 | €13,915 | +€2,492 | +21.8% |
| Profit (loss) for the period | 9904 | €40,334 | €45,702 | +€5,368 | +13.3% |
| Profit (loss) for the period to be appropriated | 9905 | €40,334 | €45,702 | +€5,368 | +13.3% |
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.