Joris Van den Bergh: 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 Van den Bergh
Largest movements
- Receivables within one year -€22,877
down €22,877 (-97.4%), from €23,491 to €614
of which Other amounts receivable: -€19,154
- Cash -€11,632
down €11,632 (-73.8%), from €15,765 to €4,133
mainly Tax, wage and social debts (-€24,536) and Net result for the year (-€11,313)
- Tangible fixed assets -€3,100
down €3,100 (-53.8%), from €5,758 to €2,658
- Tax, wage and social debts -€24,536
down €24,536 (-92.9%), from €26,413 to €1,877
of which Taxes: -€20,393
- Profit (loss) carried forward -€11,313
down €11,313 (-69.5%), from -€16,272 to -€27,585
- Other debts -€9,437
down €9,437 (-49.7%), from €19,000 to €9,563
- Trade debts +€7,740
up €7,740 (+78.9%), from €9,811 to €17,551
- Gross operating margin -€84,465
down €84,465 (-81.4%), from €103,714 to €19,249
- Staff costs -€32,145
down €32,145 (-51.3%), from €62,606 to €30,460
- Taxes -€8,674
down €8,674 (-98.0%), from €8,853 to €179
- Financial income +€5,634
up €5,634 (+3,735%), from €151 to €5,785
- Depreciation -€5,333
down €5,333 (-63.2%), from €8,433 to €3,100
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 | €45,014 | €7,405 | -€37,609 | -83.5% |
| Fixed assets | 21/28 | €5,758 | €2,658 | -€3,100 | -53.8% |
| Tangible fixed assets | 22/27 | €5,758 | €2,658 | -€3,100 | -53.8% |
| Furniture and vehicles | 24 | €5,758 | €2,658 | -€3,100 | -53.8% |
| Current assets | 29/58 | €39,256 | €4,747 | -€34,509 | -87.9% |
| Amounts receivable within one year | 40/41 | €23,491 | €614 | -€22,877 | -97.4% |
| Trade receivables | 40 | €3,722 | - | -€3,722 | |
| Other amounts receivable | 41 | €19,769 | €614 | -€19,154 | -96.9% |
| Cash at bank and in hand | 54/58 | €15,765 | €4,133 | -€11,632 | -73.8% |
| Total equity and liabilities | 10/49 | €45,014 | €7,405 | -€37,609 | -83.5% |
| Equity | 10/15 | -€10,272 | -€21,585 | -€11,313 | -110% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,272 | -€27,585 | -€11,313 | -69.5% |
| Amounts payable | 17/49 | €55,286 | €28,991 | -€26,295 | -47.6% |
| Amounts payable within one year | 42/48 | €55,224 | €28,991 | -€26,233 | -47.5% |
| Trade debts | 44 | €9,811 | €17,551 | +€7,740 | +78.9% |
| Suppliers | 440/4 | €9,811 | €17,551 | +€7,740 | +78.9% |
| Taxes, remuneration and social security | 45 | €26,413 | €1,877 | -€24,536 | -92.9% |
| Taxes | 450/3 | €20,648 | €254 | -€20,393 | -98.8% |
| Remuneration and social security | 454/9 | €5,765 | €1,623 | -€4,143 | -71.9% |
| Other amounts payable | 47/48 | €19,000 | €9,563 | -€9,437 | -49.7% |
| Accrued charges and deferred income | 492/3 | €63 | - | -€63 | |
| Remuneration, social security and pensions | 62 | €62,606 | €30,460 | -€32,145 | -51.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,433 | €3,100 | -€5,333 | -63.2% |
| Other operating charges | 640/8 | €1,188 | €2,191 | +€1,003 | +84.4% |
| Non-recurring operating charges | 66A | €285 | €205 | -€80 | -28.1% |
| Gross operating margin | 9900 | €103,714 | €19,249 | -€84,465 | -81.4% |
| Operating profit (loss) | 9901 | €31,201 | -€16,708 | -€47,909 | |
| Financial income | 75/76B | €151 | €5,785 | +€5,634 | +3,735% |
| Recurring financial income | 75 | €151 | €5,785 | +€5,634 | +3,735% |
| Financial charges | 65/66B | €648 | €211 | -€437 | -67.4% |
| Recurring financial charges | 65 | €648 | €211 | -€437 | -67.4% |
| Profit (loss) for the period before taxes | 9903 | €30,704 | -€11,134 | -€41,838 | |
| Income taxes | 67/77 | €8,853 | €179 | -€8,674 | -98.0% |
| Profit (loss) for the period | 9904 | €21,851 | -€11,313 | -€33,164 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,851 | -€11,313 | -€33,164 |
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.