JAAN BAAZ: 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.
JAAN BAAZ
Largest movements
- Receivables within one year -€20,064
down €20,064 (-73.6%), from €27,254 to €7,190
of which Trade receivables: -€16,946
- Cash -€558
down €558 (-5.1%), from €10,894 to €10,336
mainly Trade debts (-€19,039) and Net result for the year (-€16,661)
- Intangible fixed assets -€500
no longer reported in 2025 (was €500)
- Other debts +€23,456
new in 2025: €23,456
- Trade debts -€19,039
down €19,039 (-65.1%), from €29,251 to €10,212
- Profit (loss) carried forward -€16,661
down €16,661 (-94.2%), from -€17,690 to -€34,351
- Tax, wage and social debts -€8,957
down €8,957 (-40.8%), from €21,977 to €13,020
of which Remuneration and social security: -€8,897
- Gross operating margin -€17,137
down €17,137 (-76.1%), from €22,525 to €5,388
- Staff costs +€3,067
up €3,067 (+18.0%), from €17,024 to €20,091
- Depreciation -€1,500
down €1,500 (-75.0%), from €2,000 to €500
- Financial charges +€535
up €535 (+98.1%), from €545 to €1,080
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 | €39,739 | €18,537 | -€21,201 | -53.4% |
| Fixed assets | 21/28 | €1,458 | €958 | -€500 | -34.3% |
| Intangible fixed assets | 21 | €500 | - | -€500 | |
| Financial fixed assets | 28 | €958 | €958 | = | 0.0% |
| Current assets | 29/58 | €38,280 | €17,579 | -€20,701 | -54.1% |
| Amounts receivable within one year | 40/41 | €27,254 | €7,190 | -€20,064 | -73.6% |
| Trade receivables | 40 | €23,447 | €6,501 | -€16,946 | -72.3% |
| Other amounts receivable | 41 | €3,807 | €689 | -€3,118 | -81.9% |
| Cash at bank and in hand | 54/58 | €10,894 | €10,336 | -€558 | -5.1% |
| Deferred charges and accrued income | 490/1 | €132 | €53 | -€79 | -59.9% |
| Total equity and liabilities | 10/49 | €39,739 | €18,537 | -€21,201 | -53.4% |
| Equity | 10/15 | -€11,490 | -€28,151 | -€16,661 | -145% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,690 | -€34,351 | -€16,661 | -94.2% |
| Amounts payable | 17/49 | €51,228 | €46,688 | -€4,540 | -8.9% |
| Amounts payable within one year | 42/48 | €51,228 | €46,688 | -€4,540 | -8.9% |
| Trade debts | 44 | €29,251 | €10,212 | -€19,039 | -65.1% |
| Suppliers | 440/4 | €29,251 | €10,212 | -€19,039 | -65.1% |
| Taxes, remuneration and social security | 45 | €21,977 | €13,020 | -€8,957 | -40.8% |
| Taxes | 450/3 | €3,979 | €3,918 | -€60 | -1.5% |
| Remuneration and social security | 454/9 | €17,998 | €9,102 | -€8,897 | -49.4% |
| Other amounts payable | 47/48 | - | €23,456 | +€23,456 | |
| Remuneration, social security and pensions | 62 | €17,024 | €20,091 | +€3,067 | +18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,000 | €500 | -€1,500 | -75.0% |
| Other operating charges | 640/8 | €528 | €400 | -€128 | -24.3% |
| Gross operating margin | 9900 | €22,525 | €5,388 | -€17,137 | -76.1% |
| Operating profit (loss) | 9901 | €2,973 | -€15,603 | -€18,576 | |
| Financial income | 75/76B | €0 | €23 | +€23 | +12,689% |
| Recurring financial income | 75 | €0 | €23 | +€23 | +12,689% |
| Financial charges | 65/66B | €545 | €1,080 | +€535 | +98.1% |
| Recurring financial charges | 65 | €545 | €1,080 | +€535 | +98.1% |
| Profit (loss) for the period before taxes | 9903 | €2,427 | -€16,661 | -€19,088 | |
| Profit (loss) for the period | 9904 | €2,427 | -€16,661 | -€19,088 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,427 | -€16,661 | -€19,088 |
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 27 October 2026 via checked.be.