JORDI DEROYE: 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.
JORDI DEROYE
Largest movements
- Cash +€43,576
up €43,576 (+131%), from €33,380 to €76,957
mainly Other debts (+€35,040) and Net result for the year (+€33,154)
- Tangible fixed assets -€10,775
down €10,775 (-23.9%), from €45,049 to €34,274
of which Furniture and vehicles: -€11,253
- Other debts +€35,040
up €35,040 (+5,188%), from €675 to €35,716
- Trade debts -€1,207
down €1,207 (-63.0%), from €1,915 to €708
- Gross operating margin +€2,596
up €2,596 (+4.9%), from €52,436 to €55,031
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €80,241 | €113,603 | +€33,361 | +41.6% |
| Fixed assets | 21/28 | €45,049 | €34,274 | -€10,775 | -23.9% |
| Tangible fixed assets | 22/27 | €45,049 | €34,274 | -€10,775 | -23.9% |
| Plant, machinery and equipment | 23 | €1,064 | €1,542 | +€478 | +45.0% |
| Furniture and vehicles | 24 | €43,986 | €32,732 | -€11,253 | -25.6% |
| Current assets | 29/58 | €35,192 | €79,328 | +€44,136 | +125% |
| Cash at bank and in hand | 54/58 | €33,380 | €76,957 | +€43,576 | +131% |
| Deferred charges and accrued income | 490/1 | €1,812 | €2,372 | +€560 | +30.9% |
| Total equity and liabilities | 10/49 | €80,241 | €113,603 | +€33,361 | +41.6% |
| Equity | 10/15 | €67,060 | €67,215 | +€154 | +0.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Capital | 10 | €2,500 | €2,500 | = | 0.0% |
| Issued capital | 100 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,560 | €64,715 | +€154 | +0.2% |
| Amounts payable | 17/49 | €13,181 | €46,388 | +€33,207 | +252% |
| Amounts payable within one year | 42/48 | €10,690 | €44,956 | +€34,266 | +321% |
| Trade debts | 44 | €1,915 | €708 | -€1,207 | -63.0% |
| Suppliers | 440/4 | €1,915 | €708 | -€1,207 | -63.0% |
| Taxes, remuneration and social security | 45 | €8,099 | €8,532 | +€433 | +5.3% |
| Taxes | 450/3 | €8,099 | €8,532 | +€433 | +5.3% |
| Other amounts payable | 47/48 | €675 | €35,716 | +€35,040 | +5,188% |
| Accrued charges and deferred income | 492/3 | €2,491 | €1,432 | -€1,059 | -42.5% |
| Remuneration, social security and pensions | 62 | €1,658 | €1,658 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,154 | €11,571 | +€417 | +3.7% |
| Other operating charges | 640/8 | €257 | €211 | -€46 | -18.0% |
| Gross operating margin | 9900 | €52,436 | €55,031 | +€2,596 | +4.9% |
| Operating profit (loss) | 9901 | €39,366 | €41,590 | +€2,225 | +5.7% |
| Financial income | 75/76B | €12 | €223 | +€211 | +1,721% |
| Recurring financial income | 75 | €12 | €223 | +€211 | +1,721% |
| Financial charges | 65/66B | €30 | €60 | +€30 | +99.9% |
| Recurring financial charges | 65 | €30 | €60 | +€30 | +99.9% |
| Profit (loss) for the period before taxes | 9903 | €39,348 | €41,754 | +€2,406 | +6.1% |
| Income taxes | 67/77 | €8,103 | €8,599 | +€496 | +6.1% |
| Profit (loss) for the period | 9904 | €31,245 | €33,154 | +€1,909 | +6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €31,245 | €33,154 | +€1,909 | +6.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.