JAN BRITS: 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.
JAN BRITS
Largest movements
- Cash -€9,039
down €9,039 (-9.3%), from €97,308 to €88,270
mainly Contributions, distributions and other (-€15,868) and Other debts (-€11,103)
- Receivables within one year +€8,345
up €8,345 (+182%), from €4,596 to €12,941
of which Trade receivables: +€8,327
- Tangible fixed assets -€3,123
down €3,123 (-38.8%), from €8,059 to €4,936
of which Land and buildings: -€1,650
- Other debts -€11,103
down €11,103 (-72.6%), from €15,291 to €4,188
- Reserves +€6,941
up €6,941 (+3.5%), from €196,017 to €202,958
- Debts after one year -€5,445
down €5,445 (-36.1%), from €15,104 to €9,659
- Tax, wage and social debts +€3,347
up €3,347 (+32.0%), from €10,446 to €13,793
of which Taxes: +€3,347
- Gross operating margin -€16,018
down €16,018 (-31.7%), from €50,537 to €34,519
- Depreciation -€7,539
down €7,539 (-70.7%), from €10,662 to €3,123
- Taxes -€6,825
down €6,825 (-50.9%), from €13,415 to €6,589
- Financial income -€561
down €561 (-25.9%), from €2,164 to €1,603
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 | €248,630 | €242,829 | -€5,801 | -2.3% |
| Fixed assets | 21/28 | €8,506 | €5,382 | -€3,123 | -36.7% |
| Tangible fixed assets | 22/27 | €8,059 | €4,936 | -€3,123 | -38.8% |
| Land and buildings | 22 | €2,237 | €587 | -€1,650 | -73.7% |
| Plant, machinery and equipment | 23 | €2,407 | €1,692 | -€716 | -29.7% |
| Furniture and vehicles | 24 | €3,415 | €2,657 | -€758 | -22.2% |
| Financial fixed assets | 28 | €446 | €446 | = | 0.0% |
| Current assets | 29/58 | €240,124 | €237,446 | -€2,678 | -1.1% |
| Stocks and contracts in progress | 3 | €2,850 | €2,925 | +€75 | +2.6% |
| Stocks | 30/36 | €2,850 | €2,925 | +€75 | +2.6% |
| Amounts receivable within one year | 40/41 | €4,596 | €12,941 | +€8,345 | +182% |
| Trade receivables | 40 | €4,596 | €12,923 | +€8,327 | +181% |
| Other amounts receivable | 41 | - | €19 | +€19 | |
| Current investments | 50/53 | €135,370 | €133,102 | -€2,267 | -1.7% |
| Cash at bank and in hand | 54/58 | €97,308 | €88,270 | -€9,039 | -9.3% |
| Deferred charges and accrued income | 490/1 | - | €208 | +€208 | |
| Total equity and liabilities | 10/49 | €248,630 | €242,829 | -€5,801 | -2.3% |
| Equity | 10/15 | €196,245 | €203,185 | +€6,941 | +3.5% |
| Reserves | 13 | €196,017 | €202,958 | +€6,941 | +3.5% |
| Distributable reserves | 133 | €196,017 | €202,958 | +€6,941 | +3.5% |
| Profit (loss) carried forward | 14 | €228 | €228 | = | 0.0% |
| Amounts payable | 17/49 | €52,385 | €39,643 | -€12,742 | -24.3% |
| Amounts payable after more than one year | 17 | €15,104 | €9,659 | -€5,445 | -36.1% |
| Financial debts | 170/4 | €15,104 | €9,659 | -€5,445 | -36.1% |
| Amounts payable within one year | 42/48 | €37,281 | €29,984 | -€7,297 | -19.6% |
| Current portion of amounts payable after more than one year | 42 | €5,197 | €5,445 | +€248 | +4.8% |
| Trade debts | 44 | €6,347 | €6,559 | +€212 | +3.3% |
| Suppliers | 440/4 | €6,347 | €6,559 | +€212 | +3.3% |
| Taxes, remuneration and social security | 45 | €10,446 | €13,793 | +€3,347 | +32.0% |
| Taxes | 450/3 | €7,696 | €11,043 | +€3,347 | +43.5% |
| Remuneration and social security | 454/9 | €2,750 | €2,750 | = | 0.0% |
| Other amounts payable | 47/48 | €15,291 | €4,188 | -€11,103 | -72.6% |
| Non-recurring operating income | 76A | €1,582 | - | -€1,582 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,662 | €3,123 | -€7,539 | -70.7% |
| Other operating charges | 640/8 | €2,467 | €2,461 | -€7 | -0.3% |
| Gross operating margin | 9900 | €50,537 | €34,519 | -€16,018 | -31.7% |
| Operating profit (loss) | 9901 | €37,407 | €28,935 | -€8,472 | -22.6% |
| Financial income | 75/76B | €2,164 | €1,603 | -€561 | -25.9% |
| Recurring financial income | 75 | €2,164 | €1,603 | -€561 | -25.9% |
| Financial charges | 65/66B | €1,540 | €1,139 | -€400 | -26.0% |
| Recurring financial charges | 65 | €1,540 | €1,139 | -€400 | -26.0% |
| Profit (loss) for the period before taxes | 9903 | €38,031 | €29,398 | -€8,632 | -22.7% |
| Income taxes | 67/77 | €13,415 | €6,589 | -€6,825 | -50.9% |
| Profit (loss) for the period | 9904 | €24,616 | €22,809 | -€1,807 | -7.3% |
| Profit (loss) for the period to be appropriated | 9905 | €24,616 | €22,809 | -€1,807 | -7.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.