Menschaert Jochem: 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.
Menschaert Jochem
Largest movements
- Receivables within one year +€9,667
up €9,667 (+160%), from €6,029 to €15,696
of which Trade receivables: +€8,547
- Tangible fixed assets -€5,683
down €5,683 (-22.4%), from €25,318 to €19,636
of which Furniture and vehicles: -€5,133
- Cash +€929
up €929 (+8.3%), from €11,175 to €12,104
mainly Depreciation (+€7,762) and Trade debts (+€4,326)
- Debts after one year -€7,830
down €7,830 (-65.9%), from €11,877 to €4,047
- Trade debts +€4,326
up €4,326 (+499%), from €868 to €5,194
- Other debts +€3,752
up €3,752 (+870%), from €431 to €4,183
- Tax, wage and social debts +€2,232
up €2,232 (+239%), from €932 to €3,164
- Profit (loss) carried forward +€2,095
up €2,095 (+29.5%), from -€7,111 to -€5,016
- Gross operating margin +€6,405
up €6,405 (+99.6%), from €6,432 to €12,837
- Taxes +€1,216
new in 2025: €1,216
- Depreciation -€1,022
down €1,022 (-11.6%), from €8,783 to €7,762
- Financial charges -€318
down €318 (-26.9%), from €1,180 to €862
- Other operating charges -€214
down €214 (-21.0%), from €1,018 to €804
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 | €42,523 | €47,436 | +€4,914 | +11.6% |
| Fixed assets | 21/28 | €25,318 | €19,636 | -€5,683 | -22.4% |
| Tangible fixed assets | 22/27 | €25,318 | €19,636 | -€5,683 | -22.4% |
| Plant, machinery and equipment | 23 | €549 | - | -€549 | |
| Furniture and vehicles | 24 | €24,769 | €19,636 | -€5,133 | -20.7% |
| Current assets | 29/58 | €17,205 | €27,801 | +€10,596 | +61.6% |
| Amounts receivable within one year | 40/41 | €6,029 | €15,696 | +€9,667 | +160% |
| Trade receivables | 40 | €6,029 | €14,576 | +€8,547 | +142% |
| Other amounts receivable | 41 | - | €1,120 | +€1,120 | |
| Cash at bank and in hand | 54/58 | €11,175 | €12,104 | +€929 | +8.3% |
| Total equity and liabilities | 10/49 | €42,523 | €47,436 | +€4,914 | +11.6% |
| Equity | 10/15 | €20,924 | €23,018 | +€2,095 | +10.0% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €27,535 | €27,535 | = | 0.0% |
| Distributable reserves | 133 | €27,535 | €27,535 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,111 | -€5,016 | +€2,095 | +29.5% |
| Amounts payable | 17/49 | €21,599 | €24,418 | +€2,819 | +13.1% |
| Amounts payable after more than one year | 17 | €11,877 | €4,047 | -€7,830 | -65.9% |
| Financial debts | 170/4 | €11,877 | €4,047 | -€7,830 | -65.9% |
| Amounts payable within one year | 42/48 | €9,722 | €20,371 | +€10,649 | +110% |
| Current portion of amounts payable after more than one year | 42 | €7,491 | €7,830 | +€339 | +4.5% |
| Trade debts | 44 | €868 | €5,194 | +€4,326 | +499% |
| Suppliers | 440/4 | €868 | €5,194 | +€4,326 | +499% |
| Taxes, remuneration and social security | 45 | €932 | €3,164 | +€2,232 | +239% |
| Taxes | 450/3 | €932 | €3,164 | +€2,232 | +239% |
| Other amounts payable | 47/48 | €431 | €4,183 | +€3,752 | +870% |
| Remuneration, social security and pensions | 62 | €305 | €99 | -€206 | -67.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,783 | €7,762 | -€1,022 | -11.6% |
| Other operating charges | 640/8 | €1,018 | €804 | -€214 | -21.0% |
| Gross operating margin | 9900 | €6,432 | €12,837 | +€6,405 | +99.6% |
| Operating profit (loss) | 9901 | -€3,675 | €4,172 | +€7,847 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €1,180 | €862 | -€318 | -26.9% |
| Recurring financial charges | 65 | €1,180 | €862 | -€318 | -26.9% |
| Profit (loss) for the period before taxes | 9903 | -€4,853 | €3,310 | +€8,164 | |
| Income taxes | 67/77 | - | €1,216 | +€1,216 | |
| Profit (loss) for the period | 9904 | -€4,853 | €2,095 | +€6,948 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,853 | €2,095 | +€6,948 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.