STEFFI JONCKHEERE: 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.
STEFFI JONCKHEERE
Largest movements
- Cash +€32,034
up €32,034 (+85.5%), from €37,487 to €69,521
mainly Net result for the year (+€51,687)
- Receivables within one year +€16,314
up €16,314 (+381%), from €4,278 to €20,592
of which Trade receivables: +€11,838
- Profit (loss) carried forward +€51,687
up €51,687 (+167%), from €30,891 to €82,578
- Tax, wage and social debts -€2,429
down €2,429 (-90.7%), from €2,679 to €249
- Gross operating margin +€20,699
up €20,699 (+43.1%), from €48,045 to €68,745
- Taxes +€4,983
up €4,983 (+51.0%), from €9,766 to €14,749
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 | €41,768 | €90,366 | +€48,599 | +116% |
| Current assets | 29/58 | €41,768 | €90,366 | +€48,599 | +116% |
| Amounts receivable within one year | 40/41 | €4,278 | €20,592 | +€16,314 | +381% |
| Trade receivables | 40 | €0 | €11,838 | +€11,838 | |
| Other amounts receivable | 41 | €4,278 | €8,755 | +€4,477 | +105% |
| Cash at bank and in hand | 54/58 | €37,487 | €69,521 | +€32,034 | +85.5% |
| Deferred charges and accrued income | 490/1 | €3 | €253 | +€250 | +9,519% |
| Total equity and liabilities | 10/49 | €41,768 | €90,366 | +€48,599 | +116% |
| Equity | 10/15 | €33,891 | €85,578 | +€51,687 | +153% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,891 | €82,578 | +€51,687 | +167% |
| Amounts payable | 17/49 | €7,877 | €4,788 | -€3,089 | -39.2% |
| Amounts payable within one year | 42/48 | €7,877 | €4,788 | -€3,089 | -39.2% |
| Financial debts | 43 | €4,096 | €3,858 | -€238 | -5.8% |
| Credit institutions | 430/8 | €4,096 | €3,858 | -€238 | -5.8% |
| Trade debts | 44 | €1,102 | €681 | -€421 | -38.2% |
| Suppliers | 440/4 | €1,102 | €681 | -€421 | -38.2% |
| Taxes, remuneration and social security | 45 | €2,679 | €249 | -€2,429 | -90.7% |
| Taxes | 450/3 | €2,679 | €249 | -€2,429 | -90.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Other operating charges | 640/8 | €1,054 | €1,119 | +€65 | +6.1% |
| Gross operating margin | 9900 | €48,045 | €68,745 | +€20,699 | +43.1% |
| Operating profit (loss) | 9901 | €46,991 | €67,626 | +€20,635 | +43.9% |
| Financial income | 75/76B | €1 | €124 | +€122 | +9,065% |
| Recurring financial income | 75 | €1 | €124 | +€122 | +9,065% |
| Financial charges | 65/66B | €1,763 | €1,313 | -€449 | -25.5% |
| Recurring financial charges | 65 | €1,763 | €1,313 | -€449 | -25.5% |
| Profit (loss) for the period before taxes | 9903 | €45,230 | €66,436 | +€21,206 | +46.9% |
| Income taxes | 67/77 | €9,766 | €14,749 | +€4,983 | +51.0% |
| Profit (loss) for the period | 9904 | €35,464 | €51,687 | +€16,223 | +45.7% |
| Profit (loss) for the period to be appropriated | 9905 | €35,464 | €51,687 | +€16,223 | +45.7% |
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 14 October 2026 via checked.be.