DJ JANSEN: 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.
DJ JANSEN
Largest movements
- Cash +€156,783
up €156,783 (+32.2%), from €487,448 to €644,231
mainly Net result for the year (+€244,430) and Depreciation (+€26,039)
- Deferred charges and accrued income +€53,069
up €53,069 (+192%), from €27,695 to €80,764
- Tangible fixed assets +€30,394
up €30,394 (+11.9%), from €254,530 to €284,924
of which Plant, machinery and equipment: +€33,237
- Receivables within one year -€20,584
down €20,584 (-14.1%), from €146,300 to €125,716
of which Trade receivables: -€19,994
- Receivables after one year -€12,672
down €12,672 (-27.2%), from €46,585 to €33,913
- Reserves +€244,000
up €244,000 (+30.3%), from €805,927 to €1.0m
of which Distributable reserves: +€244,000
- Accrued charges and deferred income -€35,519
down €35,519 (-95.5%), from €37,176 to €1,657
- Trade debts -€28,683
down €28,683 (-48.7%), from €58,906 to €30,223
- Current portion of long-term debt +€17,927
up €17,927 (+120%), from €15,000 to €32,927
- Gross operating margin +€182,959
up €182,959 (+88.9%), from €205,790 to €388,749
- Taxes +€54,933
up €54,933 (+88.4%), from €62,122 to €117,055
- Depreciation +€7,376
up €7,376 (+39.5%), from €18,663 to €26,039
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 | €962,558 | €1,169,548 | +€206,990 | +21.5% |
| Fixed assets | 21/28 | €254,530 | €284,924 | +€30,394 | +11.9% |
| Tangible fixed assets | 22/27 | €254,530 | €284,924 | +€30,394 | +11.9% |
| Land and buildings | 22 | - | €5,280 | +€5,280 | |
| Plant, machinery and equipment | 23 | €20,529 | €53,766 | +€33,237 | +162% |
| Furniture and vehicles | 24 | €32,067 | €23,573 | -€8,494 | -26.5% |
| Other tangible fixed assets | 26 | €201,934 | €202,305 | +€371 | +0.2% |
| Current assets | 29/58 | €708,028 | €884,624 | +€176,596 | +24.9% |
| Amounts receivable after more than one year | 29 | €46,585 | €33,913 | -€12,672 | -27.2% |
| Other amounts receivable | 291 | €46,585 | €33,913 | -€12,672 | -27.2% |
| Amounts receivable within one year | 40/41 | €146,300 | €125,716 | -€20,584 | -14.1% |
| Trade receivables | 40 | €105,762 | €85,768 | -€19,994 | -18.9% |
| Other amounts receivable | 41 | €40,538 | €39,948 | -€590 | -1.5% |
| Cash at bank and in hand | 54/58 | €487,448 | €644,231 | +€156,783 | +32.2% |
| Deferred charges and accrued income | 490/1 | €27,695 | €80,764 | +€53,069 | +192% |
| Total equity and liabilities | 10/49 | €962,558 | €1,169,548 | +€206,990 | +21.5% |
| Equity | 10/15 | €849,803 | €1,094,233 | +€244,430 | +28.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €805,927 | €1,049,927 | +€244,000 | +30.3% |
| Tax-exempt reserves | 132 | €36,922 | €36,922 | = | 0.0% |
| Distributable reserves | 133 | €769,005 | €1,013,005 | +€244,000 | +31.7% |
| Profit (loss) carried forward | 14 | €25,325 | €25,756 | +€430 | +1.7% |
| Amounts payable | 17/49 | €112,755 | €75,314 | -€37,440 | -33.2% |
| Amounts payable after more than one year | 17 | - | €3,397 | +€3,397 | |
| Financial debts | 170/4 | - | €3,397 | +€3,397 | |
| Amounts payable within one year | 42/48 | €75,578 | €70,260 | -€5,318 | -7.0% |
| Current portion of amounts payable after more than one year | 42 | €15,000 | €32,927 | +€17,927 | +120% |
| Trade debts | 44 | €58,906 | €30,223 | -€28,683 | -48.7% |
| Suppliers | 440/4 | €58,906 | €30,223 | -€28,683 | -48.7% |
| Taxes, remuneration and social security | 45 | €1,672 | €7,110 | +€5,438 | +325% |
| Taxes | 450/3 | €1,672 | €7,110 | +€5,438 | +325% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €37,176 | €1,657 | -€35,519 | -95.5% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,663 | €26,039 | +€7,376 | +39.5% |
| Other operating charges | 640/8 | €2,327 | €1,592 | -€735 | -31.6% |
| Gross operating margin | 9900 | €205,790 | €388,749 | +€182,959 | +88.9% |
| Operating profit (loss) | 9901 | €184,800 | €361,118 | +€176,318 | +95.4% |
| Financial income | 75/76B | €1,901 | €5,004 | +€3,103 | +163% |
| Recurring financial income | 75 | €1,901 | €5,004 | +€3,103 | +163% |
| Financial charges | 65/66B | €5,002 | €4,636 | -€366 | -7.3% |
| Recurring financial charges | 65 | €5,002 | €4,636 | -€366 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €181,699 | €361,486 | +€179,787 | +98.9% |
| Income taxes | 67/77 | €62,122 | €117,055 | +€54,933 | +88.4% |
| Profit (loss) for the period | 9904 | €119,577 | €244,430 | +€124,854 | +104% |
| Profit (loss) for the period to be appropriated | 9905 | €119,577 | €244,430 | +€124,854 | +104% |
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 20 October 2026 via checked.be.