Kris Jochems: 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.
Kris Jochems
Largest movements
- Receivables within one year -€203,559
down €203,559 (-80.0%), from €254,401 to €50,842
of which Trade receivables: -€177,066
- Tangible fixed assets -€9,956
down €9,956 (-11.5%), from €86,879 to €76,923
- Other debts -€99,094
down €99,094 (-39.4%), from €251,472 to €152,377
- Profit (loss) carried forward -€95,991
down €95,991 (-1,813%), from -€5,293 to -€101,284
- Trade debts -€34,980
down €34,980 (-81.1%), from €43,155 to €8,174
- Tax, wage and social debts +€13,021
up €13,021 (+390%), from €3,342 to €16,362
of which Remuneration and social security: +€12,087
- Gross operating margin -€101,022
down €101,022, from €21,293 to -€79,729
- Other operating charges -€1,190
down €1,190 (-20.9%), from €5,699 to €4,510
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 | €346,616 | €129,572 | -€217,045 | -62.6% |
| Fixed assets | 21/28 | €86,879 | €76,923 | -€9,956 | -11.5% |
| Tangible fixed assets | 22/27 | €86,879 | €76,923 | -€9,956 | -11.5% |
| Plant, machinery and equipment | 23 | €14,051 | €10,406 | -€3,645 | -25.9% |
| Furniture and vehicles | 24 | €18,552 | €16,550 | -€2,003 | -10.8% |
| Other tangible fixed assets | 26 | €54,276 | €49,967 | -€4,309 | -7.9% |
| Current assets | 29/58 | €259,737 | €52,649 | -€207,089 | -79.7% |
| Amounts receivable within one year | 40/41 | €254,401 | €50,842 | -€203,559 | -80.0% |
| Trade receivables | 40 | €227,908 | €50,842 | -€177,066 | -77.7% |
| Other amounts receivable | 41 | €26,493 | - | -€26,493 | |
| Cash at bank and in hand | 54/58 | €5,183 | €1,807 | -€3,377 | -65.1% |
| Deferred charges and accrued income | 490/1 | €153 | - | -€153 | |
| Total equity and liabilities | 10/49 | €346,616 | €129,572 | -€217,045 | -62.6% |
| Equity | 10/15 | €33,648 | -€62,342 | -€95,991 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,342 | €20,342 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €18,482 | €18,482 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,293 | -€101,284 | -€95,991 | -1,813% |
| Amounts payable | 17/49 | €312,968 | €191,914 | -€121,054 | -38.7% |
| Amounts payable after more than one year | 17 | €15,000 | €15,000 | = | 0.0% |
| Financial debts | 170/4 | €15,000 | €15,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €297,968 | €176,914 | -€121,054 | -40.6% |
| Trade debts | 44 | €43,155 | €8,174 | -€34,980 | -81.1% |
| Suppliers | 440/4 | €43,155 | €8,174 | -€34,980 | -81.1% |
| Taxes, remuneration and social security | 45 | €3,342 | €16,362 | +€13,021 | +390% |
| Taxes | 450/3 | €1,790 | €2,724 | +€934 | +52.2% |
| Remuneration and social security | 454/9 | €1,552 | €13,638 | +€12,087 | +779% |
| Other amounts payable | 47/48 | €251,472 | €152,377 | -€99,094 | -39.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,262 | €11,625 | -€637 | -5.2% |
| Other operating charges | 640/8 | €5,699 | €4,510 | -€1,190 | -20.9% |
| Gross operating margin | 9900 | €21,293 | -€79,729 | -€101,022 | |
| Operating profit (loss) | 9901 | €3,332 | -€95,864 | -€99,196 | |
| Financial income | 75/76B | €44 | €5 | -€39 | -89.5% |
| Recurring financial income | 75 | €44 | €5 | -€39 | -89.5% |
| Financial charges | 65/66B | €853 | €131 | -€722 | -84.6% |
| Recurring financial charges | 65 | €853 | €131 | -€722 | -84.6% |
| Profit (loss) for the period before taxes | 9903 | €2,522 | -€95,991 | -€98,513 | |
| Profit (loss) for the period | 9904 | €2,522 | -€95,991 | -€98,513 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,522 | -€95,991 | -€98,513 |
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 23 October 2026 via checked.be.