Mario Jonck: 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.
Mario Jonck
Largest movements
- Tangible fixed assets +€1.4m
up €1.4m (+10811.7%), from €12,692 to €1.4m
of which Assets under construction and advance payments: +€1.1m
- Receivables within one year +€208,389
up €208,389 (+804.5%), from €25,903 to €234,292
of which Trade receivables: +€184,704
- Cash +€107,614
up €107,614 (+1259.9%), from €8,542 to €116,156
mainly Short-term financial debts (+€1.3m) and Trade debts (+€372,830)
- Short-term financial debts +€1.3m
new in 2025: €1.3m
- Trade debts +€372,830
up €372,830 (+17851.1%), from €2,089 to €374,918
- Other debts +€72,877
new in 2025: €72,877
- Profit (loss) carried forward -€37,898
down €37,898 (-1347.8%), from -€2,812 to -€40,709
- Depreciation +€36,842
up €36,842 (+3183.1%), from €1,157 to €37,999
- Gross operating margin +€21,462
up €21,462, from -€1,631 to €19,831
- Financial charges +€19,707
up €19,707 (+85645.3%), from €23 to €19,730
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 | €49,277 | €1,736,403 | +€1.7m | +3423.8% |
| Formation expenses | 20 | €2,140 | €1,041 | -€1,099 | -51.4% |
| Fixed assets | 21/28 | €12,692 | €1,384,915 | +€1.4m | +10811.7% |
| Tangible fixed assets | 22/27 | €12,692 | €1,384,915 | +€1.4m | +10811.7% |
| Land and buildings | 22 | - | €307,500 | +€307,500 | |
| Assets under construction and advance payments | 27 | €12,692 | €1,077,415 | +€1.1m | +8388.9% |
| Current assets | 29/58 | €34,445 | €350,448 | +€316,003 | +917.4% |
| Amounts receivable within one year | 40/41 | €25,903 | €234,292 | +€208,389 | +804.5% |
| Trade receivables | 40 | €25,757 | €210,461 | +€184,704 | +717.1% |
| Other amounts receivable | 41 | €147 | €23,832 | +€23,685 | +16166.3% |
| Cash at bank and in hand | 54/58 | €8,542 | €116,156 | +€107,614 | +1259.9% |
| Total equity and liabilities | 10/49 | €49,277 | €1,736,403 | +€1.7m | +3423.8% |
| Equity | 10/15 | €47,188 | €9,291 | -€37,898 | -80.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,812 | -€40,709 | -€37,898 | -1347.8% |
| Amounts payable | 17/49 | €2,089 | €1,727,113 | +€1.7m | +82594.3% |
| Amounts payable within one year | 42/48 | €2,089 | €1,727,113 | +€1.7m | +82594.3% |
| Financial debts | 43 | - | €1,279,318 | +€1.3m | |
| Credit institutions | 430/8 | - | €1,279,318 | +€1.3m | |
| Trade debts | 44 | €2,089 | €374,918 | +€372,830 | +17851.1% |
| Suppliers | 440/4 | €2,089 | €374,918 | +€372,830 | +17851.1% |
| Other amounts payable | 47/48 | - | €72,877 | +€72,877 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,157 | €37,999 | +€36,842 | +3183.1% |
| Gross operating margin | 9900 | -€1,631 | €19,831 | +€21,462 | |
| Operating profit (loss) | 9901 | -€2,789 | -€18,169 | -€15,380 | -551.5% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €23 | €19,730 | +€19,707 | +85645.3% |
| Recurring financial charges | 65 | €23 | €19,730 | +€19,707 | +85645.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,812 | -€37,898 | -€35,086 | -1247.8% |
| Profit (loss) for the period | 9904 | -€2,812 | -€37,898 | -€35,086 | -1247.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,812 | -€37,898 | -€35,086 | -1247.8% |
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 8 October 2026 via checked.be.