JORIS VAN GESTEL: 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 GESTEL
Largest movements
- Cash +€63,446
up €63,446 (+1,057%), from €6,001 to €69,447
mainly Receivables within one year (+€43,560) and Other debts (+€36,210)
- Receivables within one year -€43,560
no longer reported in 2025 (was €43,560)
- Tangible fixed assets -€22,403
down €22,403 (-11.3%), from €197,535 to €175,132
of which Furniture and vehicles: -€12,927
- Other debts +€36,210
up €36,210 (+810%), from €4,473 to €40,683
- Reserves -€30,799
down €30,799 (-31.0%), from €99,209 to €68,410
- Debts after one year -€12,608
down €12,608 (-8.0%), from €157,753 to €145,145
- Tax, wage and social debts +€9,343
up €9,343 (+85.3%), from €10,957 to €20,300
- Current portion of long-term debt -€6,948
down €6,948 (-47.0%), from €14,778 to €7,830
- Gross operating margin -€16,259
down €16,259 (-28.9%), from €56,292 to €40,033
- Depreciation -€6,795
down €6,795 (-39.2%), from €17,331 to €10,536
- Taxes -€3,441
down €3,441 (-39.4%), from €8,732 to €5,291
- Financial charges +€1,793
up €1,793 (+56.3%), from €3,182 to €4,975
- Other operating charges +€1,224
up €1,224 (+54.7%), from €2,239 to €3,463
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 | €308,939 | €305,050 | -€3,889 | -1.3% |
| Fixed assets | 21/28 | €197,535 | €175,132 | -€22,403 | -11.3% |
| Tangible fixed assets | 22/27 | €197,535 | €175,132 | -€22,403 | -11.3% |
| Land and buildings | 22 | €180,744 | €172,417 | -€8,327 | -4.6% |
| Plant, machinery and equipment | 23 | €2,373 | €1,224 | -€1,149 | -48.4% |
| Furniture and vehicles | 24 | €14,418 | €1,491 | -€12,927 | -89.7% |
| Current assets | 29/58 | €111,404 | €129,918 | +€18,514 | +16.6% |
| Amounts receivable after more than one year | 29 | €60,000 | €60,000 | = | 0.0% |
| Other amounts receivable | 291 | €60,000 | €60,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €43,560 | - | -€43,560 | |
| Trade receivables | 40 | €43,560 | - | -€43,560 | |
| Cash at bank and in hand | 54/58 | €6,001 | €69,447 | +€63,446 | +1,057% |
| Deferred charges and accrued income | 490/1 | €1,843 | €471 | -€1,372 | -74.4% |
| Total equity and liabilities | 10/49 | €308,939 | €305,050 | -€3,889 | -1.3% |
| Equity | 10/15 | €117,809 | €87,010 | -€30,799 | -26.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €99,209 | €68,410 | -€30,799 | -31.0% |
| Distributable reserves | 133 | €99,209 | €68,410 | -€30,799 | -31.0% |
| Amounts payable | 17/49 | €191,130 | €218,040 | +€26,910 | +14.1% |
| Amounts payable after more than one year | 17 | €157,753 | €145,145 | -€12,608 | -8.0% |
| Financial debts | 170/4 | €157,753 | €145,145 | -€12,608 | -8.0% |
| Amounts payable within one year | 42/48 | €33,377 | €72,895 | +€39,518 | +118% |
| Current portion of amounts payable after more than one year | 42 | €14,778 | €7,830 | -€6,948 | -47.0% |
| Trade debts | 44 | €3,169 | €4,082 | +€913 | +28.8% |
| Suppliers | 440/4 | €3,169 | €4,082 | +€913 | +28.8% |
| Taxes, remuneration and social security | 45 | €10,957 | €20,300 | +€9,343 | +85.3% |
| Taxes | 450/3 | €10,957 | €20,300 | +€9,343 | +85.3% |
| Other amounts payable | 47/48 | €4,473 | €40,683 | +€36,210 | +810% |
| Non-recurring operating income | 76A | - | €3,066 | +€3,066 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,331 | €10,536 | -€6,795 | -39.2% |
| Other operating charges | 640/8 | €2,239 | €3,463 | +€1,224 | +54.7% |
| Gross operating margin | 9900 | €56,292 | €40,033 | -€16,259 | -28.9% |
| Operating profit (loss) | 9901 | €36,722 | €26,034 | -€10,688 | -29.1% |
| Financial income | 75/76B | €416 | €600 | +€184 | +44.2% |
| Recurring financial income | 75 | €416 | €600 | +€184 | +44.2% |
| Financial charges | 65/66B | €3,182 | €4,975 | +€1,793 | +56.3% |
| Recurring financial charges | 65 | €3,182 | €4,975 | +€1,793 | +56.3% |
| Profit (loss) for the period before taxes | 9903 | €33,956 | €21,659 | -€12,297 | -36.2% |
| Income taxes | 67/77 | €8,732 | €5,291 | -€3,441 | -39.4% |
| Profit (loss) for the period | 9904 | €25,224 | €16,368 | -€8,856 | -35.1% |
| Profit (loss) for the period to be appropriated | 9905 | €25,224 | €16,368 | -€8,856 | -35.1% |
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 13 October 2026 via checked.be.