J & N BEHEER: what changed
J & N BEHEER
Largest movements
- Tangible fixed assets +€5,183
up €5,183 (+126%), from €4,124 to €9,306
of which Other tangible fixed assets: +€5,704
- Receivables within one year +€2,853
up €2,853 (+9.4%), from €30,398 to €33,251
- Deferred charges and accrued income +€1,326
up €1,326, from €0 to €1,326
- Cash +€713
up €713 (+46.9%), from €1,519 to €2,232
mainly Debts after one year (+€5,566) and Net result for the year (+€3,819)
- Debts after one year +€5,566
new in 2025: €5,566
- Reserves +€3,819
up €3,819 (+20.0%), from €19,069 to €22,888
- Tax, wage and social debts -€2,418
down €2,418 (-16.2%), from €14,884 to €12,466
- Current portion of long-term debt +€1,625
new in 2025: €1,625
- Trade debts +€1,415
up €1,415 (+588%), from €241 to €1,655
- Gross operating margin -€2,479
down €2,479 (-17.7%), from €14,031 to €11,552
- Depreciation +€1,589
up €1,589 (+140%), from €1,131 to €2,721
- Taxes -€809
down €809 (-41.6%), from €1,944 to €1,135
- Financial charges -€393
down €393 (-9.6%), from €4,084 to €3,691
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €37,240 | €47,315 | +€10,075 | +27.1% |
| Fixed assets | 21/28 | €4,124 | €9,306 | +€5,183 | +126% |
| Tangible fixed assets | 22/27 | €4,124 | €9,306 | +€5,183 | +126% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €747 | €226 | -€522 | -69.8% |
| Other tangible fixed assets | 26 | €3,376 | €9,081 | +€5,704 | +169% |
| Current assets | 29/58 | €33,116 | €38,008 | +€4,892 | +14.8% |
| Amounts receivable after more than one year | 29 | €1,200 | €1,200 | = | 0.0% |
| Other amounts receivable | 291 | €1,200 | €1,200 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €30,398 | €33,251 | +€2,853 | +9.4% |
| Trade receivables | 40 | €30,398 | €33,251 | +€2,853 | +9.4% |
| Cash at bank and in hand | 54/58 | €1,519 | €2,232 | +€713 | +46.9% |
| Deferred charges and accrued income | 490/1 | €0 | €1,326 | +€1,326 | |
| Total equity and liabilities | 10/49 | €37,240 | €47,315 | +€10,075 | +27.1% |
| Equity | 10/15 | €22,069 | €25,888 | +€3,819 | +17.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €19,069 | €22,888 | +€3,819 | +20.0% |
| Distributable reserves | 133 | €19,069 | €22,888 | +€3,819 | +20.0% |
| Amounts payable | 17/49 | €15,171 | €21,426 | +€6,255 | +41.2% |
| Amounts payable after more than one year | 17 | - | €5,566 | +€5,566 | |
| Financial debts | 170/4 | - | €5,566 | +€5,566 | |
| Amounts payable within one year | 42/48 | €15,171 | €15,860 | +€689 | +4.5% |
| Current portion of amounts payable after more than one year | 42 | - | €1,625 | +€1,625 | |
| Trade debts | 44 | €241 | €1,655 | +€1,415 | +588% |
| Suppliers | 440/4 | €241 | €1,655 | +€1,415 | +588% |
| Taxes, remuneration and social security | 45 | €14,884 | €12,466 | -€2,418 | -16.2% |
| Taxes | 450/3 | €14,884 | €12,466 | -€2,418 | -16.2% |
| Other amounts payable | 47/48 | €46 | €113 | +€67 | +146% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,131 | €2,721 | +€1,589 | +140% |
| Other operating charges | 640/8 | €182 | €186 | +€4 | +2.1% |
| Gross operating margin | 9900 | €14,031 | €11,552 | -€2,479 | -17.7% |
| Operating profit (loss) | 9901 | €12,717 | €8,645 | -€4,072 | -32.0% |
| Financial income | 75/76B | €2 | €0 | -€2 | -100% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -100% |
| Financial charges | 65/66B | €4,084 | €3,691 | -€393 | -9.6% |
| Recurring financial charges | 65 | €4,084 | €3,691 | -€393 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €8,635 | €4,954 | -€3,681 | -42.6% |
| Income taxes | 67/77 | €1,944 | €1,135 | -€809 | -41.6% |
| Profit (loss) for the period | 9904 | €6,691 | €3,819 | -€2,872 | -42.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,691 | €3,819 | -€2,872 | -42.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.