Joris Derboven: 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 Derboven
Largest movements
- Receivables within one year +€18,676
up €18,676 (+57.7%), from €32,392 to €51,068
of which Trade receivables: +€32,620
- Cash +€13,265
up €13,265 (+8.8%), from €151,333 to €164,598
mainly Trade debts (+€22,666) and Net result for the year (+€14,020)
- Trade debts +€22,666
up €22,666 (+48.0%), from €47,237 to €69,903
- Profit (loss) carried forward +€13,765
no longer reported in 2025 (was -€13,765)
- Other debts -€10,080
down €10,080 (-20.2%), from €49,865 to €39,785
- Accrued charges and deferred income +€3,282
up €3,282 (+62.7%), from €5,232 to €8,514
- Gross operating margin +€26,941
up €26,941, from -€6,155 to €20,786
- Financial charges -€1,936
down €1,936 (-36.4%), from €5,317 to €3,381
- Taxes +€941
new in 2025: €941
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 | €190,106 | €220,992 | +€30,886 | +16.2% |
| Fixed assets | 21/28 | €3,612 | €2,397 | -€1,215 | -33.6% |
| Tangible fixed assets | 22/27 | €3,612 | €2,397 | -€1,215 | -33.6% |
| Furniture and vehicles | 24 | €3,612 | €2,397 | -€1,215 | -33.6% |
| Current assets | 29/58 | €186,494 | €218,595 | +€32,101 | +17.2% |
| Amounts receivable within one year | 40/41 | €32,392 | €51,068 | +€18,676 | +57.7% |
| Trade receivables | 40 | €11,555 | €44,175 | +€32,620 | +282% |
| Other amounts receivable | 41 | €20,837 | €6,893 | -€13,944 | -66.9% |
| Cash at bank and in hand | 54/58 | €151,333 | €164,598 | +€13,265 | +8.8% |
| Deferred charges and accrued income | 490/1 | €2,769 | €2,929 | +€160 | +5.8% |
| Total equity and liabilities | 10/49 | €190,106 | €220,992 | +€30,886 | +16.2% |
| Equity | 10/15 | €87,771 | €101,791 | +€14,020 | +16.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €96,536 | €96,791 | +€255 | +0.3% |
| Distributable reserves | 133 | €96,536 | €96,791 | +€255 | +0.3% |
| Profit (loss) carried forward | 14 | -€13,765 | - | +€13,765 | |
| Amounts payable | 17/49 | €102,335 | €119,201 | +€16,866 | +16.5% |
| Amounts payable within one year | 42/48 | €97,103 | €110,687 | +€13,584 | +14.0% |
| Trade debts | 44 | €47,237 | €69,903 | +€22,666 | +48.0% |
| Suppliers | 440/4 | €47,237 | €69,903 | +€22,666 | +48.0% |
| Taxes, remuneration and social security | 45 | €1 | €999 | +€998 | +99,800% |
| Taxes | 450/3 | €1 | €999 | +€998 | +99,800% |
| Other amounts payable | 47/48 | €49,865 | €39,785 | -€10,080 | -20.2% |
| Accrued charges and deferred income | 492/3 | €5,232 | €8,514 | +€3,282 | +62.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,215 | €1,215 | = | 0.0% |
| Other operating charges | 640/8 | €1,083 | €1,229 | +€146 | +13.5% |
| Gross operating margin | 9900 | -€6,155 | €20,786 | +€26,941 | |
| Operating profit (loss) | 9901 | -€8,453 | €18,342 | +€26,795 | |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €5,317 | €3,381 | -€1,936 | -36.4% |
| Recurring financial charges | 65 | €5,317 | €3,381 | -€1,936 | -36.4% |
| Profit (loss) for the period before taxes | 9903 | -€13,765 | €14,961 | +€28,726 | |
| Income taxes | 67/77 | - | €941 | +€941 | |
| Profit (loss) for the period | 9904 | -€13,765 | €14,020 | +€27,785 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,765 | €14,020 | +€27,785 |
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 27 October 2026 via checked.be.