SYLVIE DEJONGHE: 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.
SYLVIE DEJONGHE
Largest movements
- Current investments +€94,756
up €94,756 (+16.1%), from €587,461 to €682,216
- Receivables within one year -€13,911
down €13,911 (-18.9%), from €73,498 to €59,587
of which Other amounts receivable: -€10,195
- Tangible fixed assets -€11,113
down €11,113 (-22.6%), from €49,112 to €38,000
of which Furniture and vehicles: -€10,290
- Cash -€8,611
down €8,611 (-19.7%), from €43,654 to €35,043
mainly Current investments (-€94,756) and Contributions, distributions and other (-€75,000)
- Reserves +€74,019
up €74,019 (+11.1%), from €665,234 to €739,252
- Debts after one year -€9,055
down €9,055 (-31.3%), from €28,926 to €19,870
- Financial income -€13,813
down €13,813 (-61.4%), from €22,511 to €8,698
- Gross operating margin +€5,355
up €5,355 (+2.5%), from €213,748 to €219,103
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 | €755,497 | €819,012 | +€63,515 | +8.4% |
| Fixed assets | 21/28 | €49,112 | €38,000 | -€11,113 | -22.6% |
| Tangible fixed assets | 22/27 | €49,112 | €38,000 | -€11,113 | -22.6% |
| Land and buildings | 22 | €7,452 | €6,629 | -€823 | -11.0% |
| Furniture and vehicles | 24 | €41,660 | €31,370 | -€10,290 | -24.7% |
| Current assets | 29/58 | €706,385 | €781,012 | +€74,627 | +10.6% |
| Amounts receivable within one year | 40/41 | €73,498 | €59,587 | -€13,911 | -18.9% |
| Trade receivables | 40 | €44,136 | €40,419 | -€3,717 | -8.4% |
| Other amounts receivable | 41 | €29,362 | €19,167 | -€10,195 | -34.7% |
| Current investments | 50/53 | €587,461 | €682,216 | +€94,756 | +16.1% |
| Cash at bank and in hand | 54/58 | €43,654 | €35,043 | -€8,611 | -19.7% |
| Deferred charges and accrued income | 490/1 | €1,772 | €4,167 | +€2,394 | +135% |
| Total equity and liabilities | 10/49 | €755,497 | €819,012 | +€63,515 | +8.4% |
| Equity | 10/15 | €665,234 | €739,252 | +€74,019 | +11.1% |
| Reserves | 13 | €665,234 | €739,252 | +€74,019 | +11.1% |
| Distributable reserves | 133 | €665,234 | €739,252 | +€74,019 | +11.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €90,263 | €79,760 | -€10,504 | -11.6% |
| Amounts payable after more than one year | 17 | €28,926 | €19,870 | -€9,055 | -31.3% |
| Financial debts | 170/4 | €28,926 | €19,870 | -€9,055 | -31.3% |
| Amounts payable within one year | 42/48 | €61,338 | €59,368 | -€1,969 | -3.2% |
| Current portion of amounts payable after more than one year | 42 | €8,757 | €9,055 | +€299 | +3.4% |
| Financial debts | 43 | €11 | €12 | +€1 | +9.1% |
| Credit institutions | 430/8 | €11 | €12 | +€1 | +9.1% |
| Trade debts | 44 | €5,211 | €1,735 | -€3,476 | -66.7% |
| Suppliers | 440/4 | €5,211 | €1,735 | -€3,476 | -66.7% |
| Taxes, remuneration and social security | 45 | €37,861 | €37,037 | -€825 | -2.2% |
| Taxes | 450/3 | €37,861 | €37,037 | -€825 | -2.2% |
| Other amounts payable | 47/48 | €9,498 | €11,530 | +€2,032 | +21.4% |
| Accrued charges and deferred income | 492/3 | - | €521 | +€521 | |
| Non-recurring operating income | 76A | €11,312 | - | -€11,312 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,032 | €11,113 | +€81 | +0.7% |
| Other operating charges | 640/8 | €709 | €728 | +€19 | +2.7% |
| Gross operating margin | 9900 | €213,748 | €219,103 | +€5,355 | +2.5% |
| Operating profit (loss) | 9901 | €202,008 | €207,262 | +€5,255 | +2.6% |
| Financial income | 75/76B | €22,511 | €8,698 | -€13,813 | -61.4% |
| Recurring financial income | 75 | €22,511 | €8,698 | -€13,813 | -61.4% |
| Financial charges | 65/66B | €1,478 | €2,608 | +€1,131 | +76.5% |
| Recurring financial charges | 65 | €1,478 | €2,608 | +€1,131 | +76.5% |
| Profit (loss) for the period before taxes | 9903 | €223,041 | €213,352 | -€9,689 | -4.3% |
| Income taxes | 67/77 | €66,061 | €64,333 | -€1,728 | -2.6% |
| Profit (loss) for the period | 9904 | €156,980 | €149,019 | -€7,961 | -5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €156,980 | €149,019 | -€7,961 | -5.1% |
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 26 October 2026 via checked.be.