jvanwijn: what changed
Two fiscal 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.
jvanwijn
Largest movements
- Receivables within one year +€199,762
up €199,762 (+177.3%), from €112,652 to €312,414
of which Other amounts receivable: +€194,831
- Receivables after one year -€111,931
down €111,931 (-48.3%), from €231,931 to €120,000
- Deferred charges and accrued income +€5,991
up €5,991 (+87.1%), from €6,876 to €12,866
- Tangible fixed assets -€5,798
down €5,798 (-79.3%), from €7,313 to €1,515
- Profit (loss) carried forward +€85,529
up €85,529 (+34.2%), from €250,327 to €335,856
- Tax, wage and social debts +€17,421
up €17,421 (+23.8%), from €73,046 to €90,467
of which Remuneration and social security: +€8,959
- Current portion of long-term debt -€10,798
down €10,798 (-56.9%), from €18,984 to €8,186
- Debts after one year -€5,625
no longer reported in 2025 (was €5,625)
- Trade debts +€4,654
up €4,654 (+120.1%), from €3,876 to €8,530
- Depreciation -€11,806
down €11,806 (-63.2%), from €18,695 to €6,889
- Financial income +€10,748
up €10,748 (+125.2%), from €8,588 to €19,336
- Staff costs -€10,588
down €10,588 (-20.3%), from €52,110 to €41,522
- Taxes +€6,061
up €6,061 (+26.3%), from €23,065 to €29,127
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.
Cash bridge derived
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 | €359,022 | €448,281 | +€89,259 | +24.9% |
| Fixed assets | 21/28 | €7,563 | €1,765 | -€5,798 | -76.7% |
| Tangible fixed assets | 22/27 | €7,313 | €1,515 | -€5,798 | -79.3% |
| Furniture and vehicles | 24 | €7,313 | €1,515 | -€5,798 | -79.3% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €351,459 | €446,516 | +€95,057 | +27.0% |
| Amounts receivable after more than one year | 29 | €231,931 | €120,000 | -€111,931 | -48.3% |
| Other amounts receivable | 291 | €231,931 | €120,000 | -€111,931 | -48.3% |
| Amounts receivable within one year | 40/41 | €112,652 | €312,414 | +€199,762 | +177.3% |
| Trade receivables | 40 | €17,811 | €22,742 | +€4,931 | +27.7% |
| Other amounts receivable | 41 | €94,841 | €289,672 | +€194,831 | +205.4% |
| Cash at bank and in hand | 54/58 | - | €1,236 | +€1,236 | |
| Deferred charges and accrued income | 490/1 | €6,876 | €12,866 | +€5,991 | +87.1% |
| Total equity and liabilities | 10/49 | €359,022 | €448,281 | +€89,259 | +24.9% |
| Equity | 10/15 | €252,327 | €337,856 | +€85,529 | +33.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €250,327 | €335,856 | +€85,529 | +34.2% |
| Amounts payable | 17/49 | €106,695 | €110,425 | +€3,730 | +3.5% |
| Amounts payable after more than one year | 17 | €5,625 | - | -€5,625 | |
| Financial debts | 170/4 | €5,625 | - | -€5,625 | |
| Amounts payable within one year | 42/48 | €100,986 | €110,333 | +€9,347 | +9.3% |
| Current portion of amounts payable after more than one year | 42 | €18,984 | €8,186 | -€10,798 | -56.9% |
| Financial debts | 43 | €800 | - | -€800 | |
| Credit institutions | 430/8 | €800 | - | -€800 | |
| Trade debts | 44 | €3,876 | €8,530 | +€4,654 | +120.1% |
| Suppliers | 440/4 | €3,876 | €8,530 | +€4,654 | +120.1% |
| Taxes, remuneration and social security | 45 | €73,046 | €90,467 | +€17,421 | +23.8% |
| Taxes | 450/3 | €71,369 | €79,830 | +€8,462 | +11.9% |
| Remuneration and social security | 454/9 | €1,678 | €10,637 | +€8,959 | +534.0% |
| Other amounts payable | 47/48 | €4,280 | €3,150 | -€1,130 | -26.4% |
| Accrued charges and deferred income | 492/3 | €84 | €91 | +€8 | +9.4% |
| Remuneration, social security and pensions | 62 | €52,110 | €41,522 | -€10,588 | -20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,695 | €6,889 | -€11,806 | -63.2% |
| Other operating charges | 640/8 | €2,435 | €2,547 | +€112 | +4.6% |
| Gross operating margin | 9900 | €152,844 | €153,030 | +€185 | +0.1% |
| Operating profit (loss) | 9901 | €79,604 | €102,072 | +€22,468 | +28.2% |
| Financial income | 75/76B | €8,588 | €19,336 | +€10,748 | +125.2% |
| Recurring financial income | 75 | €8,588 | €19,336 | +€10,748 | +125.2% |
| Financial charges | 65/66B | €2,834 | €3,602 | +€768 | +27.1% |
| Recurring financial charges | 65 | €2,834 | €3,602 | +€768 | +27.1% |
| Profit (loss) for the period before taxes | 9903 | €85,358 | €117,805 | +€32,448 | +38.0% |
| Income taxes | 67/77 | €23,065 | €29,127 | +€6,061 | +26.3% |
| Profit (loss) for the period | 9904 | €62,292 | €88,679 | +€26,386 | +42.4% |
| Profit (loss) for the period to be appropriated | 9905 | €62,292 | €88,679 | +€26,386 | +42.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.