JOS DEDROOG: 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.
JOS DEDROOG
Largest movements
- Receivables within one year +€8,788
up €8,788 (+410%), from €2,143 to €10,931
of which Other amounts receivable: +€7,855
- Tangible fixed assets -€2,133
down €2,133 (-65.0%), from €3,280 to €1,147
of which Furniture and vehicles: -€2,133
- Profit (loss) carried forward +€8,206
up €8,206 (+12.0%), from -€68,157 to -€59,951
- Trade debts +€6,724
up €6,724 (+569%), from €1,182 to €7,905
- Short-term financial debts -€5,454
down €5,454 (-20.2%), from €26,978 to €21,524
- Tax, wage and social debts -€2,236
no longer reported in 2025 (was €2,236)
- Other debts -€586
no longer reported in 2025 (was €586)
- Gross operating margin +€28,990
up €28,990, from -€15,310 to €13,680
- Financial charges +€458
up €458 (+19.1%), from €2,402 to €2,861
- Other operating charges -€417
down €417 (-37.7%), from €1,108 to €690
- Financial income +€210
new in 2025: €210
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,424 | €18,078 | +€6,654 | +58.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €3,280 | €1,147 | -€2,133 | -65.0% |
| Tangible fixed assets | 22/27 | €3,280 | €1,147 | -€2,133 | -65.0% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €3,280 | €1,147 | -€2,133 | -65.0% |
| Current assets | 29/58 | €8,143 | €16,931 | +€8,788 | +108% |
| Stocks and contracts in progress | 3 | €6,000 | €6,000 | = | 0.0% |
| Stocks | 30/36 | €6,000 | €6,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,143 | €10,931 | +€8,788 | +410% |
| Trade receivables | 40 | €1,376 | €2,309 | +€933 | +67.8% |
| Other amounts receivable | 41 | €767 | €8,622 | +€7,855 | +1,024% |
| Total equity and liabilities | 10/49 | €11,424 | €18,078 | +€6,654 | +58.3% |
| Equity | 10/15 | -€19,557 | -€11,351 | +€8,206 | +42.0% |
| Contributions | 10/11 | €48,600 | €48,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,157 | -€59,951 | +€8,206 | +12.0% |
| Amounts payable | 17/49 | €30,981 | €29,429 | -€1,552 | -5.0% |
| Amounts payable within one year | 42/48 | €30,981 | €29,429 | -€1,552 | -5.0% |
| Financial debts | 43 | €26,978 | €21,524 | -€5,454 | -20.2% |
| Credit institutions | 430/8 | €26,978 | €21,524 | -€5,454 | -20.2% |
| Trade debts | 44 | €1,182 | €7,905 | +€6,724 | +569% |
| Suppliers | 440/4 | €1,182 | €7,905 | +€6,724 | +569% |
| Taxes, remuneration and social security | 45 | €2,236 | - | -€2,236 | |
| Taxes | 450/3 | €2,236 | - | -€2,236 | |
| Other amounts payable | 47/48 | €586 | - | -€586 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,133 | €2,133 | = | 0.0% |
| Other operating charges | 640/8 | €1,108 | €690 | -€417 | -37.7% |
| Gross operating margin | 9900 | -€15,310 | €13,680 | +€28,990 | |
| Operating profit (loss) | 9901 | -€18,551 | €10,857 | +€29,408 | |
| Financial income | 75/76B | - | €210 | +€210 | |
| Recurring financial income | 75 | - | €210 | +€210 | |
| Financial charges | 65/66B | €2,402 | €2,861 | +€458 | +19.1% |
| Recurring financial charges | 65 | €2,402 | €2,861 | +€458 | +19.1% |
| Profit (loss) for the period before taxes | 9903 | -€20,954 | €8,206 | +€29,160 | |
| Profit (loss) for the period | 9904 | -€20,954 | €8,206 | +€29,160 | |
| Profit (loss) for the period to be appropriated | 9905 | -€20,954 | €8,206 | +€29,160 |
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 25 October 2026 via checked.be.