VAN CAESTER JURGEN: 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.
VAN CAESTER JURGEN
Largest movements
- Receivables within one year +€21,168
up €21,168 (+28.5%), from €74,275 to €95,443
of which Trade receivables: +€18,411
- Stocks and contracts -€6,221
no longer reported in 2025 (was €6,221)
- Cash +€3,728
up €3,728 (+104%), from €3,568 to €7,296
mainly Net result for the year (+€13,733) and Trade debts (+€6,840)
- Profit (loss) carried forward +€13,733
up €13,733 (+44.3%), from €31,018 to €44,751
- Debts after one year -€10,907
down €10,907 (-30.2%), from €36,067 to €25,160
- Trade debts +€6,840
new in 2025: €6,840
- Accrued charges and deferred income +€5,703
up €5,703 (+536%), from €1,064 to €6,767
- Tax, wage and social debts +€1,967
new in 2025: €1,967
- Gross operating margin +€18,199
up €18,199 (+473%), from €3,845 to €22,044
- Taxes +€3,303
new in 2025: €3,303
- Financial income +€2,109
up €2,109 (+905%), from €233 to €2,342
- Financial charges +€596
up €596 (+10.2%), from €5,868 to €6,464
- Other operating charges -€520
down €520 (-48.0%), from €1,084 to €564
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 | €96,664 | €114,992 | +€18,328 | +19.0% |
| Fixed assets | 21/28 | €828 | €506 | -€322 | -38.9% |
| Intangible fixed assets | 21 | €1 | €1 | = | 0.0% |
| Tangible fixed assets | 22/27 | €827 | €505 | -€322 | -38.9% |
| Plant, machinery and equipment | 23 | €827 | €505 | -€322 | -38.9% |
| Current assets | 29/58 | €95,836 | €114,486 | +€18,650 | +19.5% |
| Stocks and contracts in progress | 3 | €6,221 | - | -€6,221 | |
| Stocks | 30/36 | €6,221 | - | -€6,221 | |
| Amounts receivable within one year | 40/41 | €74,275 | €95,443 | +€21,168 | +28.5% |
| Trade receivables | 40 | €20,591 | €39,002 | +€18,411 | +89.4% |
| Other amounts receivable | 41 | €53,684 | €56,441 | +€2,757 | +5.1% |
| Cash at bank and in hand | 54/58 | €3,568 | €7,296 | +€3,728 | +104% |
| Deferred charges and accrued income | 490/1 | €11,772 | €11,747 | -€25 | -0.2% |
| Total equity and liabilities | 10/49 | €96,664 | €114,992 | +€18,328 | +19.0% |
| Equity | 10/15 | €49,618 | €63,351 | +€13,733 | +27.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,018 | €44,751 | +€13,733 | +44.3% |
| Amounts payable | 17/49 | €47,046 | €51,641 | +€4,595 | +9.8% |
| Amounts payable after more than one year | 17 | €36,067 | €25,160 | -€10,907 | -30.2% |
| Financial debts | 170/4 | €36,067 | €25,160 | -€10,907 | -30.2% |
| Amounts payable within one year | 42/48 | €9,915 | €19,714 | +€9,799 | +98.8% |
| Current portion of amounts payable after more than one year | 42 | €9,915 | €10,907 | +€992 | +10.0% |
| Trade debts | 44 | - | €6,840 | +€6,840 | |
| Suppliers | 440/4 | - | €6,840 | +€6,840 | |
| Taxes, remuneration and social security | 45 | - | €1,967 | +€1,967 | |
| Taxes | 450/3 | - | €1,967 | +€1,967 | |
| Accrued charges and deferred income | 492/3 | €1,064 | €6,767 | +€5,703 | +536% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €139 | €322 | +€183 | +132% |
| Other operating charges | 640/8 | €1,084 | €564 | -€520 | -48.0% |
| Gross operating margin | 9900 | €3,845 | €22,044 | +€18,199 | +473% |
| Operating profit (loss) | 9901 | €2,622 | €21,158 | +€18,536 | +707% |
| Financial income | 75/76B | €233 | €2,342 | +€2,109 | +905% |
| Recurring financial income | 75 | €233 | €2,342 | +€2,109 | +905% |
| Financial charges | 65/66B | €5,868 | €6,464 | +€596 | +10.2% |
| Recurring financial charges | 65 | €5,868 | €6,464 | +€596 | +10.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,013 | €17,036 | +€20,049 | |
| Income taxes | 67/77 | - | €3,303 | +€3,303 | |
| Profit (loss) for the period | 9904 | -€3,013 | €13,733 | +€16,746 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,013 | €13,733 | +€16,746 |
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 18 October 2026 via checked.be.