Patrick Nijsmans: 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.
Patrick Nijsmans
Largest movements
- Current investments +€124,941
up €124,941 (+153.9%), from €81,159 to €206,100
- Receivables within one year +€19,018
up €19,018 (+7.5%), from €252,530 to €271,548
of which Other amounts receivable: +€51,079
- Cash +€7,308
up €7,308 (+21.6%), from €33,846 to €41,154
mainly Trade debts (+€116,591) and Net result for the year (+€69,448)
- Trade debts +€116,591
up €116,591 (+74.5%), from €156,401 to €272,992
- Profit (loss) carried forward +€69,448
up €69,448 (+36.9%), from €187,967 to €257,415
- Tax, wage and social debts -€33,461
down €33,461 (-56.2%), from €59,558 to €26,097
- Gross operating margin -€2,365
down €2,365 (-2.4%), from €97,683 to €95,318
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 | €408,236 | €559,504 | +€151,267 | +37.1% |
| Fixed assets | 21/28 | €40,702 | €40,702 | = | 0.0% |
| Financial fixed assets | 28 | €40,702 | €40,702 | = | 0.0% |
| Current assets | 29/58 | €367,534 | €518,802 | +€151,267 | +41.2% |
| Amounts receivable within one year | 40/41 | €252,530 | €271,548 | +€19,018 | +7.5% |
| Trade receivables | 40 | €192,434 | €160,373 | -€32,061 | -16.7% |
| Other amounts receivable | 41 | €60,097 | €111,175 | +€51,079 | +85.0% |
| Current investments | 50/53 | €81,159 | €206,100 | +€124,941 | +153.9% |
| Cash at bank and in hand | 54/58 | €33,846 | €41,154 | +€7,308 | +21.6% |
| Total equity and liabilities | 10/49 | €408,236 | €559,504 | +€151,267 | +37.1% |
| Equity | 10/15 | €190,967 | €260,415 | +€69,448 | +36.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €187,967 | €257,415 | +€69,448 | +36.9% |
| Amounts payable | 17/49 | €217,269 | €299,089 | +€81,820 | +37.7% |
| Amounts payable within one year | 42/48 | €217,269 | €299,089 | +€81,820 | +37.7% |
| Financial debts | 43 | €1,310 | - | -€1,310 | |
| Credit institutions | 430/8 | €1,310 | - | -€1,310 | |
| Trade debts | 44 | €156,401 | €272,992 | +€116,591 | +74.5% |
| Suppliers | 440/4 | €156,401 | €272,992 | +€116,591 | +74.5% |
| Taxes, remuneration and social security | 45 | €59,558 | €26,097 | -€33,461 | -56.2% |
| Taxes | 450/3 | €59,558 | €26,097 | -€33,461 | -56.2% |
| Remuneration, social security and pensions | 62 | €52 | €270 | +€218 | +419.6% |
| Other operating charges | 640/8 | €567 | €120 | -€447 | -78.9% |
| Gross operating margin | 9900 | €97,683 | €95,318 | -€2,365 | -2.4% |
| Operating profit (loss) | 9901 | €97,064 | €94,927 | -€2,136 | -2.2% |
| Financial income | 75/76B | €183 | €942 | +€759 | +415.2% |
| Recurring financial income | 75 | €183 | €942 | +€759 | +415.2% |
| Financial charges | 65/66B | €1,156 | €324 | -€832 | -71.9% |
| Recurring financial charges | 65 | €1,156 | €324 | -€832 | -71.9% |
| Profit (loss) for the period before taxes | 9903 | €96,090 | €95,545 | -€546 | -0.6% |
| Income taxes | 67/77 | €26,227 | €26,097 | -€130 | -0.5% |
| Profit (loss) for the period | 9904 | €69,863 | €69,448 | -€415 | -0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €69,863 | €69,448 | -€415 | -0.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.