JONATHAN EEKLAER: what changed
Two fiscal 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 EEKLAER
Largest movements
- Receivables within one year +€47,670
up €47,670 (+294.1%), from €16,210 to €63,880
of which Trade receivables: +€47,814
- Tangible fixed assets -€8,554
down €8,554 (-43.3%), from €19,736 to €11,182
of which Furniture and vehicles: -€7,000
- Cash +€7,981
up €7,981 (+32.2%), from €24,807 to €32,788
mainly Trade debts (+€29,340) and Net result for the year (+€27,478)
- Stocks and contracts -€3,445
down €3,445 (-23.0%), from €14,981 to €11,536
- Trade debts +€29,340
up €29,340 (+123.7%), from €23,712 to €53,052
- Profit (loss) carried forward +€27,478
up €27,478 (+32.4%), from -€84,776 to -€57,298
- Other debts -€18,751
down €18,751 (-26.4%), from €70,917 to €52,166
- Tax, wage and social debts +€13,026
up €13,026 (+55.4%), from €23,513 to €36,539
of which Remuneration and social security: +€22,133
- Current portion of long-term debt -€5,079
down €5,079 (-66.2%), from €7,670 to €2,591
- Gross operating margin +€123,366
up €123,366 (+87.1%), from €141,663 to €265,029
- Staff costs +€97,298
up €97,298 (+75.8%), from €128,399 to €225,697
- Financial income -€6,909
down €6,909 (-97.4%), from €7,093 to €184
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 | €78,450 | €121,873 | +€43,423 | +55.4% |
| Fixed assets | 21/28 | €20,144 | €11,590 | -€8,554 | -42.5% |
| Tangible fixed assets | 22/27 | €19,736 | €11,182 | -€8,554 | -43.3% |
| Plant, machinery and equipment | 23 | €9,446 | €7,892 | -€1,554 | -16.5% |
| Furniture and vehicles | 24 | €10,290 | €3,290 | -€7,000 | -68.0% |
| Financial fixed assets | 28 | €408 | €408 | = | 0.0% |
| Current assets | 29/58 | €58,306 | €110,283 | +€51,977 | +89.1% |
| Stocks and contracts in progress | 3 | €14,981 | €11,536 | -€3,445 | -23.0% |
| Stocks | 30/36 | €14,981 | €11,536 | -€3,445 | -23.0% |
| Amounts receivable within one year | 40/41 | €16,210 | €63,880 | +€47,670 | +294.1% |
| Trade receivables | 40 | €10,600 | €58,414 | +€47,814 | +451.1% |
| Other amounts receivable | 41 | €5,610 | €5,466 | -€144 | -2.6% |
| Cash at bank and in hand | 54/58 | €24,807 | €32,788 | +€7,981 | +32.2% |
| Deferred charges and accrued income | 490/1 | €2,308 | €2,079 | -€229 | -9.9% |
| Total equity and liabilities | 10/49 | €78,450 | €121,873 | +€43,423 | +55.4% |
| Equity | 10/15 | -€49,953 | -€22,475 | +€27,478 | +55.0% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €4,823 | €4,823 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,823 | €4,823 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,823 | €4,823 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€84,776 | -€57,298 | +€27,478 | +32.4% |
| Amounts payable | 17/49 | €128,403 | €144,348 | +€15,945 | +12.4% |
| Amounts payable after more than one year | 17 | €2,591 | - | -€2,591 | |
| Financial debts | 170/4 | €2,591 | - | -€2,591 | |
| Amounts payable within one year | 42/48 | €125,812 | €144,348 | +€18,536 | +14.7% |
| Current portion of amounts payable after more than one year | 42 | €7,670 | €2,591 | -€5,079 | -66.2% |
| Trade debts | 44 | €23,712 | €53,052 | +€29,340 | +123.7% |
| Suppliers | 440/4 | €23,712 | €53,052 | +€29,340 | +123.7% |
| Taxes, remuneration and social security | 45 | €23,513 | €36,539 | +€13,026 | +55.4% |
| Taxes | 450/3 | €17,795 | €8,688 | -€9,107 | -51.2% |
| Remuneration and social security | 454/9 | €5,718 | €27,851 | +€22,133 | +387.1% |
| Other amounts payable | 47/48 | €70,917 | €52,166 | -€18,751 | -26.4% |
| Remuneration, social security and pensions | 62 | €128,399 | €225,697 | +€97,298 | +75.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,554 | €8,554 | = | 0.0% |
| Other operating charges | 640/8 | €980 | €450 | -€530 | -54.1% |
| Gross operating margin | 9900 | €141,663 | €265,029 | +€123,366 | +87.1% |
| Operating profit (loss) | 9901 | €3,730 | €30,328 | +€26,598 | +713.1% |
| Financial income | 75/76B | €7,093 | €184 | -€6,909 | -97.4% |
| Recurring financial income | 75 | €7,093 | €184 | -€6,909 | -97.4% |
| Financial charges | 65/66B | €754 | €3,034 | +€2,280 | +302.4% |
| Recurring financial charges | 65 | €754 | €3,034 | +€2,280 | +302.4% |
| Profit (loss) for the period before taxes | 9903 | €10,069 | €27,478 | +€17,409 | +172.9% |
| Profit (loss) for the period | 9904 | €10,069 | €27,478 | +€17,409 | +172.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,069 | €27,478 | +€17,409 | +172.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.