Jurgen Coninx: 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.
Jurgen Coninx
Largest movements
- Current investments -€205,719
down €205,719 (-100%), from €205,719 to €0
- Cash +€55,793
up €55,793 (+51.6%), from €108,192 to €163,985
mainly Current investments (+€205,719) and Net result for the year (+€190,854)
- Receivables within one year +€23,000
up €23,000, from €0 to €23,000
- Tangible fixed assets -€4,854
down €4,854 (-26.8%), from €18,086 to €13,232
- Other debts -€109,345
down €109,345 (-42.4%), from €257,988 to €148,644
- Tax, wage and social debts -€19,604
down €19,604 (-37.0%), from €52,941 to €33,337
of which Taxes: -€20,805
- Financial income +€28,617
up €28,617 (+2,408%), from €1,189 to €29,806
- Staff costs +€8,403
new in 2025: €8,403
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 | €331,997 | €202,508 | -€129,489 | -39.0% |
| Fixed assets | 21/28 | €18,086 | €13,232 | -€4,854 | -26.8% |
| Tangible fixed assets | 22/27 | €18,086 | €13,232 | -€4,854 | -26.8% |
| Land and buildings | 22 | €10,179 | €8,093 | -€2,086 | -20.5% |
| Plant, machinery and equipment | 23 | €1,936 | €968 | -€968 | -50.0% |
| Furniture and vehicles | 24 | €5,972 | €4,171 | -€1,801 | -30.1% |
| Current assets | 29/58 | €313,911 | €189,276 | -€124,635 | -39.7% |
| Amounts receivable within one year | 40/41 | €0 | €23,000 | +€23,000 | |
| Trade receivables | 40 | €0 | €23,000 | +€23,000 | |
| Current investments | 50/53 | €205,719 | €0 | -€205,719 | -100% |
| Cash at bank and in hand | 54/58 | €108,192 | €163,985 | +€55,793 | +51.6% |
| Deferred charges and accrued income | 490/1 | - | €2,291 | +€2,291 | |
| Total equity and liabilities | 10/49 | €331,997 | €202,508 | -€129,489 | -39.0% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €311,537 | €182,048 | -€129,489 | -41.6% |
| Amounts payable within one year | 42/48 | €311,537 | €182,048 | -€129,489 | -41.6% |
| Trade debts | 44 | €608 | €67 | -€541 | -89.0% |
| Suppliers | 440/4 | €608 | €67 | -€541 | -89.0% |
| Taxes, remuneration and social security | 45 | €52,941 | €33,337 | -€19,604 | -37.0% |
| Taxes | 450/3 | €52,941 | €32,136 | -€20,805 | -39.3% |
| Remuneration and social security | 454/9 | - | €1,201 | +€1,201 | |
| Other amounts payable | 47/48 | €257,988 | €148,644 | -€109,345 | -42.4% |
| Remuneration, social security and pensions | 62 | - | €8,403 | +€8,403 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,140 | €8,420 | +€1,280 | +17.9% |
| Other operating charges | 640/8 | €1,351 | €1,381 | +€30 | +2.2% |
| Gross operating margin | 9900 | €240,441 | €242,242 | +€1,801 | +0.7% |
| Operating profit (loss) | 9901 | €231,950 | €224,038 | -€7,912 | -3.4% |
| Financial income | 75/76B | €1,189 | €29,806 | +€28,617 | +2,408% |
| Recurring financial income | 75 | €1,189 | €29,806 | +€28,617 | +2,408% |
| Financial charges | 65/66B | €865 | €1,180 | +€315 | +36.5% |
| Recurring financial charges | 65 | €865 | €1,180 | +€315 | +36.5% |
| Profit (loss) for the period before taxes | 9903 | €232,273 | €252,664 | +€20,391 | +8.8% |
| Income taxes | 67/77 | €60,042 | €61,810 | +€1,768 | +2.9% |
| Profit (loss) for the period | 9904 | €172,231 | €190,854 | +€18,622 | +10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €172,231 | €190,854 | +€18,622 | +10.8% |
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 14 October 2026 via checked.be.