Dr A Janssen: 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.
Dr A Janssen
Largest movements
- Cash +€124,974
up €124,974 (+128%), from €97,937 to €222,911
mainly Net result for the year (+€125,639) and Depreciation (+€11,407)
- Tangible fixed assets -€8,109
down €8,109 (-18.1%), from €44,775 to €36,666
of which Furniture and vehicles: -€7,939
- Deferred charges and accrued income +€5,885
up €5,885 (+8.8%), from €67,058 to €72,942
- Profit (loss) carried forward +€124,806
up €124,806 (+78.3%), from €159,437 to €284,243
- Debts after one year -€10,349
down €10,349 (-31.1%), from €33,288 to €22,939
- Tax, wage and social debts +€6,633
up €6,633 (+46,579%), from €14 to €6,647
- Other debts +€3,727
up €3,727 (+227%), from €1,639 to €5,366
- Gross operating margin +€7,093
up €7,093 (+4.2%), from €168,683 to €175,776
- Taxes +€1,930
up €1,930 (+5.6%), from €34,662 to €36,592
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 | €214,107 | €336,857 | +€122,749 | +57.3% |
| Fixed assets | 21/28 | €44,775 | €36,666 | -€8,109 | -18.1% |
| Tangible fixed assets | 22/27 | €44,775 | €36,666 | -€8,109 | -18.1% |
| Plant, machinery and equipment | 23 | €759 | €590 | -€170 | -22.4% |
| Furniture and vehicles | 24 | €44,015 | €36,076 | -€7,939 | -18.0% |
| Current assets | 29/58 | €169,332 | €300,191 | +€130,858 | +77.3% |
| Amounts receivable within one year | 40/41 | €4,338 | €4,338 | = | 0.0% |
| Trade receivables | 40 | €0 | €0 | = | |
| Other amounts receivable | 41 | €4,338 | €4,338 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €97,937 | €222,911 | +€124,974 | +128% |
| Deferred charges and accrued income | 490/1 | €67,058 | €72,942 | +€5,885 | +8.8% |
| Total equity and liabilities | 10/49 | €214,107 | €336,857 | +€122,749 | +57.3% |
| Equity | 10/15 | €165,437 | €290,243 | +€124,806 | +75.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €159,437 | €284,243 | +€124,806 | +78.3% |
| Amounts payable | 17/49 | €48,670 | €46,614 | -€2,056 | -4.2% |
| Amounts payable after more than one year | 17 | €33,288 | €22,939 | -€10,349 | -31.1% |
| Financial debts | 170/4 | €33,288 | €22,939 | -€10,349 | -31.1% |
| Amounts payable within one year | 42/48 | €15,382 | €23,674 | +€8,292 | +53.9% |
| Current portion of amounts payable after more than one year | 42 | €9,942 | €10,349 | +€407 | +4.1% |
| Trade debts | 44 | €3,787 | €1,313 | -€2,474 | -65.3% |
| Suppliers | 440/4 | €3,787 | €1,313 | -€2,474 | -65.3% |
| Taxes, remuneration and social security | 45 | €14 | €6,647 | +€6,633 | +46,579% |
| Taxes | 450/3 | €14 | €6,647 | +€6,633 | +46,579% |
| Other amounts payable | 47/48 | €1,639 | €5,366 | +€3,727 | +227% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,790 | €11,407 | +€1,617 | +16.5% |
| Other operating charges | 640/8 | €1,782 | €295 | -€1,487 | -83.4% |
| Gross operating margin | 9900 | €168,683 | €175,776 | +€7,093 | +4.2% |
| Operating profit (loss) | 9901 | €157,111 | €164,074 | +€6,963 | +4.4% |
| Financial income | 75/76B | - | €45 | +€45 | |
| Recurring financial income | 75 | - | €45 | +€45 | |
| Financial charges | 65/66B | €2,167 | €1,888 | -€278 | -12.9% |
| Recurring financial charges | 65 | €2,167 | €1,888 | -€278 | -12.9% |
| Profit (loss) for the period before taxes | 9903 | €154,945 | €162,231 | +€7,286 | +4.7% |
| Income taxes | 67/77 | €34,662 | €36,592 | +€1,930 | +5.6% |
| Profit (loss) for the period | 9904 | €120,282 | €125,639 | +€5,356 | +4.5% |
| Profit (loss) for the period to be appropriated | 9905 | €120,282 | €125,639 | +€5,356 | +4.5% |
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 15 October 2026 via checked.be.