KOEN DUMON: 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.
KOEN DUMON
Largest movements
- Receivables within one year -€19,155
down €19,155 (-61.2%), from €31,313 to €12,159
of which Other amounts receivable: -€19,155
- Tangible fixed assets -€6,120
down €6,120 (-86.3%), from €7,092 to €972
- Cash -€3,371
down €3,371 (-1.2%), from €286,566 to €283,195
mainly Other debts (-€44,887) and Accrued charges and deferred income (-€9,270)
- Other debts -€44,887
down €44,887 (-69.0%), from €65,100 to €20,213
- Reserves +€17,924
up €17,924 (+8.3%), from €216,261 to €234,186
of which Distributable reserves: +€17,924
- Trade debts +€10,985
up €10,985 (+19,134%), from €57 to €11,042
- Accrued charges and deferred income -€9,270
down €9,270 (-76.0%), from €12,195 to €2,924
- Tax, wage and social debts -€4,580
down €4,580 (-34.1%), from €13,439 to €8,859
of which Taxes: -€4,136
- Gross operating margin -€49,805
down €49,805 (-46.9%), from €106,084 to €56,279
- Taxes -€11,444
down €11,444 (-56.5%), from €20,271 to €8,827
- Staff costs -€3,964
down €3,964 (-14.2%), from €27,890 to €23,926
- Financial charges -€3,223
down €3,223 (-60.5%), from €5,326 to €2,103
- Depreciation -€3,007
down €3,007 (-32.9%), from €9,127 to €6,120
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 | €327,052 | €297,224 | -€29,828 | -9.1% |
| Fixed assets | 21/28 | €7,092 | €972 | -€6,120 | -86.3% |
| Tangible fixed assets | 22/27 | €7,092 | €972 | -€6,120 | -86.3% |
| Furniture and vehicles | 24 | €7,092 | €972 | -€6,120 | -86.3% |
| Current assets | 29/58 | €319,960 | €296,252 | -€23,709 | -7.4% |
| Amounts receivable within one year | 40/41 | €31,313 | €12,159 | -€19,155 | -61.2% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €31,313 | €12,159 | -€19,155 | -61.2% |
| Cash at bank and in hand | 54/58 | €286,566 | €283,195 | -€3,371 | -1.2% |
| Deferred charges and accrued income | 490/1 | €2,081 | €898 | -€1,183 | -56.9% |
| Total equity and liabilities | 10/49 | €327,052 | €297,224 | -€29,828 | -9.1% |
| Equity | 10/15 | €236,261 | €254,186 | +€17,924 | +7.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €216,261 | €234,186 | +€17,924 | +8.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €216,261 | €234,186 | +€17,924 | +8.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €90,791 | €43,038 | -€47,753 | -52.6% |
| Amounts payable within one year | 42/48 | €78,596 | €40,114 | -€38,482 | -49.0% |
| Trade debts | 44 | €57 | €11,042 | +€10,985 | +19,134% |
| Suppliers | 440/4 | €57 | €11,042 | +€10,985 | +19,134% |
| Taxes, remuneration and social security | 45 | €13,439 | €8,859 | -€4,580 | -34.1% |
| Taxes | 450/3 | €4,635 | €500 | -€4,136 | -89.2% |
| Remuneration and social security | 454/9 | €8,803 | €8,359 | -€444 | -5.0% |
| Other amounts payable | 47/48 | €65,100 | €20,213 | -€44,887 | -69.0% |
| Accrued charges and deferred income | 492/3 | €12,195 | €2,924 | -€9,270 | -76.0% |
| Remuneration, social security and pensions | 62 | €27,890 | €23,926 | -€3,964 | -14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,127 | €6,120 | -€3,007 | -32.9% |
| Other operating charges | 640/8 | €754 | €667 | -€87 | -11.6% |
| Gross operating margin | 9900 | €106,084 | €56,279 | -€49,805 | -46.9% |
| Operating profit (loss) | 9901 | €68,313 | €25,566 | -€42,747 | -62.6% |
| Financial income | 75/76B | €3,638 | €3,288 | -€351 | -9.6% |
| Recurring financial income | 75 | €3,638 | €3,288 | -€351 | -9.6% |
| Financial charges | 65/66B | €5,326 | €2,103 | -€3,223 | -60.5% |
| Recurring financial charges | 65 | €5,326 | €2,103 | -€3,223 | -60.5% |
| Profit (loss) for the period before taxes | 9903 | €66,626 | €26,752 | -€39,874 | -59.8% |
| Income taxes | 67/77 | €20,271 | €8,827 | -€11,444 | -56.5% |
| Profit (loss) for the period | 9904 | €46,354 | €17,924 | -€28,430 | -61.3% |
| Profit (loss) for the period to be appropriated | 9905 | €46,354 | €17,924 | -€28,430 | -61.3% |
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 22 October 2026 via checked.be.