JORIS CLAEYS: 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.
JORIS CLAEYS
Largest movements
- Current investments +€90,000
up €90,000 (+72.0%), from €125,000 to €215,000
- Cash -€41,828
down €41,828 (-64.8%), from €64,547 to €22,719
mainly Current investments (-€90,000) and Tax, wage and social debts (-€9,997)
- Tangible fixed assets -€9,718
down €9,718 (-52.4%), from €18,561 to €8,843
of which Furniture and vehicles: -€10,830
- Receivables within one year +€4,066
up €4,066 (+50.9%), from €7,986 to €12,052
- Reserves +€52,612
up €52,612 (+28.4%), from €185,252 to €237,864
- Tax, wage and social debts -€9,997
down €9,997 (-35.8%), from €27,953 to €17,957
- Gross operating margin -€51,740
down €51,740 (-40.8%), from €126,941 to €75,202
- Financial income +€7,693
up €7,693 (+586.2%), from €1,312 to €9,006
- Taxes -€5,880
down €5,880 (-22.8%), from €25,795 to €19,916
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 | €217,174 | €259,888 | +€42,714 | +19.7% |
| Fixed assets | 21/28 | €18,561 | €8,843 | -€9,718 | -52.4% |
| Tangible fixed assets | 22/27 | €18,561 | €8,843 | -€9,718 | -52.4% |
| Plant, machinery and equipment | 23 | - | €1,112 | +€1,112 | |
| Furniture and vehicles | 24 | €18,561 | €7,732 | -€10,830 | -58.3% |
| Current assets | 29/58 | €198,613 | €251,045 | +€52,432 | +26.4% |
| Amounts receivable within one year | 40/41 | €7,986 | €12,052 | +€4,066 | +50.9% |
| Trade receivables | 40 | €7,986 | €12,052 | +€4,066 | +50.9% |
| Current investments | 50/53 | €125,000 | €215,000 | +€90,000 | +72.0% |
| Cash at bank and in hand | 54/58 | €64,547 | €22,719 | -€41,828 | -64.8% |
| Deferred charges and accrued income | 490/1 | €1,080 | €1,274 | +€194 | +18.0% |
| Total equity and liabilities | 10/49 | €217,174 | €259,888 | +€42,714 | +19.7% |
| Equity | 10/15 | €188,252 | €240,864 | +€52,612 | +27.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €185,252 | €237,864 | +€52,612 | +28.4% |
| Distributable reserves | 133 | €185,252 | €237,864 | +€52,612 | +28.4% |
| Amounts payable | 17/49 | €28,922 | €19,024 | -€9,898 | -34.2% |
| Amounts payable within one year | 42/48 | €28,922 | €19,024 | -€9,898 | -34.2% |
| Trade debts | 44 | €170 | €145 | -€25 | -14.7% |
| Suppliers | 440/4 | €170 | €145 | -€25 | -14.7% |
| Taxes, remuneration and social security | 45 | €27,953 | €17,957 | -€9,997 | -35.8% |
| Taxes | 450/3 | €27,953 | €17,957 | -€9,997 | -35.8% |
| Other amounts payable | 47/48 | €799 | €922 | +€123 | +15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,711 | €11,386 | +€675 | +6.3% |
| Other operating charges | 640/8 | - | €141 | +€141 | |
| Gross operating margin | 9900 | €126,941 | €75,202 | -€51,740 | -40.8% |
| Operating profit (loss) | 9901 | €116,230 | €63,676 | -€52,555 | -45.2% |
| Financial income | 75/76B | €1,312 | €9,006 | +€7,693 | +586.2% |
| Recurring financial income | 75 | €1,312 | €9,006 | +€7,693 | +586.2% |
| Financial charges | 65/66B | €61 | €153 | +€92 | +149.4% |
| Recurring financial charges | 65 | €61 | €153 | +€92 | +149.4% |
| Profit (loss) for the period before taxes | 9903 | €117,481 | €72,528 | -€44,953 | -38.3% |
| Income taxes | 67/77 | €25,795 | €19,916 | -€5,880 | -22.8% |
| Profit (loss) for the period | 9904 | €91,686 | €52,612 | -€39,074 | -42.6% |
| Profit (loss) for the period to be appropriated | 9905 | €91,686 | €52,612 | -€39,074 | -42.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.