STUDIO MATHIEU JEUKENS: 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.
STUDIO MATHIEU JEUKENS
Largest movements
- Receivables after one year +€39,708
up €39,708 (+73.2%), from €54,237 to €93,945
- Cash +€1,475
up €1,475 (+368%), from €401 to €1,876
mainly Net result for the year (+€34,893) and Other debts (+€6,451)
- Profit (loss) carried forward +€34,893
up €34,893 (+99.5%), from €35,069 to €69,962
- Other debts +€6,451
new in 2025: €6,451
- Gross operating margin +€14,151
up €14,151 (+50.2%), from €28,193 to €42,343
- Taxes +€3,009
up €3,009 (+52.3%), from €5,754 to €8,763
- Financial income +€866
up €866 (+89.8%), from €964 to €1,829
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 | €55,929 | €96,833 | +€40,904 | +73.1% |
| Fixed assets | 21/28 | €654 | €300 | -€354 | -54.2% |
| Tangible fixed assets | 22/27 | €654 | €300 | -€354 | -54.2% |
| Furniture and vehicles | 24 | €654 | €300 | -€354 | -54.2% |
| Current assets | 29/58 | €55,275 | €96,533 | +€41,258 | +74.6% |
| Amounts receivable after more than one year | 29 | €54,237 | €93,945 | +€39,708 | +73.2% |
| Other amounts receivable | 291 | €54,237 | €93,945 | +€39,708 | +73.2% |
| Amounts receivable within one year | 40/41 | €636 | €712 | +€76 | +11.9% |
| Other amounts receivable | 41 | €636 | €712 | +€76 | +11.9% |
| Cash at bank and in hand | 54/58 | €401 | €1,876 | +€1,475 | +368% |
| Total equity and liabilities | 10/49 | €55,929 | €96,833 | +€40,904 | +73.1% |
| Equity | 10/15 | €36,569 | €71,462 | +€34,893 | +95.4% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,069 | €69,962 | +€34,893 | +99.5% |
| Amounts payable | 17/49 | €19,359 | €25,370 | +€6,011 | +31.0% |
| Amounts payable within one year | 42/48 | €19,359 | €25,370 | +€6,011 | +31.0% |
| Trade debts | 44 | €674 | €790 | +€116 | +17.2% |
| Suppliers | 440/4 | €674 | €790 | +€116 | +17.2% |
| Taxes, remuneration and social security | 45 | €18,685 | €18,128 | -€557 | -3.0% |
| Taxes | 450/3 | €18,685 | €18,107 | -€578 | -3.1% |
| Remuneration and social security | 454/9 | - | €22 | +€22 | |
| Other amounts payable | 47/48 | - | €6,451 | +€6,451 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €354 | €354 | -€0 | 0.0% |
| Other operating charges | 640/8 | €384 | - | -€384 | |
| Gross operating margin | 9900 | €28,193 | €42,343 | +€14,151 | +50.2% |
| Operating profit (loss) | 9901 | €27,454 | €41,989 | +€14,535 | +52.9% |
| Financial income | 75/76B | €964 | €1,829 | +€866 | +89.8% |
| Recurring financial income | 75 | €964 | €1,829 | +€866 | +89.8% |
| Financial charges | 65/66B | €120 | €162 | +€42 | +35.0% |
| Recurring financial charges | 65 | €120 | €162 | +€42 | +35.0% |
| Profit (loss) for the period before taxes | 9903 | €28,298 | €43,656 | +€15,359 | +54.3% |
| Income taxes | 67/77 | €5,754 | €8,763 | +€3,009 | +52.3% |
| Profit (loss) for the period | 9904 | €22,544 | €34,893 | +€12,350 | +54.8% |
| Profit (loss) for the period to be appropriated | 9905 | €22,544 | €34,893 | +€12,350 | +54.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.