Jonathan Samyn: 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 Samyn
Largest movements
- Receivables within one year +€25,587
up €25,587 (+83.5%), from €30,654 to €56,241
of which Other amounts receivable: +€28,076
- Tangible fixed assets -€10,302
down €10,302 (-20.6%), from €49,985 to €39,683
of which Land and buildings: -€8,485
- Deferred charges and accrued income +€3,006
up €3,006 (+8.1%), from €37,036 to €40,041
- Tax, wage and social debts +€7,527
up €7,527 (+21.5%), from €35,071 to €42,599
of which Remuneration and social security: +€14,268
- Short-term financial debts +€6,229
new in 2025: €6,229
- Profit (loss) carried forward +€3,525
up €3,525 (+16.3%), from -€21,631 to -€18,106
- Gross operating margin +€56,387
up €56,387 (+45.3%), from €124,346 to €180,732
- Staff costs +€23,696
up €23,696 (+18.6%), from €127,266 to €150,962
- Financial charges +€2,023
up €2,023 (+50.5%), from €4,008 to €6,031
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 | €117,677 | €135,965 | +€18,288 | +15.5% |
| Fixed assets | 21/28 | €49,985 | €39,683 | -€10,302 | -20.6% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €49,985 | €39,683 | -€10,302 | -20.6% |
| Land and buildings | 22 | €47,433 | €38,948 | -€8,485 | -17.9% |
| Plant, machinery and equipment | 23 | €940 | €77 | -€864 | -91.8% |
| Furniture and vehicles | 24 | €1,611 | €658 | -€953 | -59.2% |
| Current assets | 29/58 | €67,693 | €96,282 | +€28,590 | +42.2% |
| Amounts receivable within one year | 40/41 | €30,654 | €56,241 | +€25,587 | +83.5% |
| Trade receivables | 40 | €2,489 | - | -€2,489 | |
| Other amounts receivable | 41 | €28,165 | €56,241 | +€28,076 | +99.7% |
| Cash at bank and in hand | 54/58 | €3 | €0 | -€3 | -100% |
| Deferred charges and accrued income | 490/1 | €37,036 | €40,041 | +€3,006 | +8.1% |
| Total equity and liabilities | 10/49 | €117,677 | €135,965 | +€18,288 | +15.5% |
| Equity | 10/15 | €67,492 | €71,017 | +€3,525 | +5.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €82,923 | €82,923 | = | 0.0% |
| Distributable reserves | 133 | €82,923 | €82,923 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,631 | -€18,106 | +€3,525 | +16.3% |
| Amounts payable | 17/49 | €50,186 | €64,948 | +€14,763 | +29.4% |
| Amounts payable within one year | 42/48 | €50,186 | €64,948 | +€14,763 | +29.4% |
| Financial debts | 43 | - | €6,229 | +€6,229 | |
| Credit institutions | 430/8 | - | €6,229 | +€6,229 | |
| Trade debts | 44 | €15,114 | €16,121 | +€1,007 | +6.7% |
| Suppliers | 440/4 | €15,114 | €16,121 | +€1,007 | +6.7% |
| Taxes, remuneration and social security | 45 | €35,071 | €42,599 | +€7,527 | +21.5% |
| Taxes | 450/3 | €12,862 | €6,121 | -€6,741 | -52.4% |
| Remuneration and social security | 454/9 | €22,209 | €36,478 | +€14,268 | +64.2% |
| Remuneration, social security and pensions | 62 | €127,266 | €150,962 | +€23,696 | +18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,833 | €10,302 | -€1,532 | -12.9% |
| Other operating charges | 640/8 | €4,365 | €4,045 | -€320 | -7.3% |
| Non-recurring operating charges | 66A | - | €5,241 | +€5,241 | |
| Gross operating margin | 9900 | €124,346 | €180,732 | +€56,387 | +45.3% |
| Operating profit (loss) | 9901 | -€19,119 | €10,182 | +€29,300 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €4,008 | €6,031 | +€2,023 | +50.5% |
| Recurring financial charges | 65 | €4,008 | €6,031 | +€2,023 | +50.5% |
| Profit (loss) for the period before taxes | 9903 | -€23,126 | €4,152 | +€27,278 | |
| Income taxes | 67/77 | €633 | €627 | -€7 | -1.1% |
| Profit (loss) for the period | 9904 | -€23,760 | €3,525 | +€27,285 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,760 | €3,525 | +€27,285 |
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 1 November 2026 via checked.be.