JAN CLAES: what changed
Two fiscal 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 CLAES
Largest movements
- Tangible fixed assets -€6,093
down €6,093 (-30.3%), from €20,078 to €13,985
of which Land and buildings: -€3,791
- Stocks and contracts +€4,625
up €4,625 (+4.2%), from €110,800 to €115,425
- Cash +€2,511
up €2,511 (+1287.9%), from €195 to €2,706
mainly Net result for the year (+€18,664) and Depreciation (+€6,818)
- Short-term financial debts -€18,664
down €18,664 (-69.0%), from €27,064 to €8,400
- Profit (loss) carried forward +€17,731
up €17,731 (+25.5%), from -€69,497 to -€51,766
- Gross operating margin +€15,013
up €15,013 (+135.4%), from €11,088 to €26,101
- Depreciation +€1,153
up €1,153 (+20.4%), from €5,665 to €6,818
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.
Cash bridge derived
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 | €134,765 | €134,655 | -€110 | -0.1% |
| Fixed assets | 21/28 | €23,342 | €16,524 | -€6,818 | -29.2% |
| Intangible fixed assets | 21 | €3,264 | €2,539 | -€725 | -22.2% |
| Tangible fixed assets | 22/27 | €20,078 | €13,985 | -€6,093 | -30.3% |
| Land and buildings | 22 | €11,195 | €7,404 | -€3,791 | -33.9% |
| Plant, machinery and equipment | 23 | €8,883 | €6,581 | -€2,302 | -25.9% |
| Current assets | 29/58 | €111,423 | €118,131 | +€6,708 | +6.0% |
| Stocks and contracts in progress | 3 | €110,800 | €115,425 | +€4,625 | +4.2% |
| Stocks | 30/36 | €110,800 | €115,425 | +€4,625 | +4.2% |
| Amounts receivable within one year | 40/41 | €428 | - | -€428 | |
| Other amounts receivable | 41 | €428 | - | -€428 | |
| Cash at bank and in hand | 54/58 | €195 | €2,706 | +€2,511 | +1287.9% |
| Total equity and liabilities | 10/49 | €134,765 | €134,655 | -€110 | -0.1% |
| Equity | 10/15 | €78,640 | €97,303 | +€18,664 | +23.7% |
| Contributions | 10/11 | €147,550 | €147,550 | = | 0.0% |
| Reserves | 13 | €587 | €1,519 | +€933 | +159.1% |
| Distributable reserves | 133 | €587 | €1,519 | +€933 | +159.1% |
| Profit (loss) carried forward | 14 | -€69,497 | -€51,766 | +€17,731 | +25.5% |
| Amounts payable | 17/49 | €56,126 | €37,352 | -€18,774 | -33.4% |
| Amounts payable after more than one year | 17 | €26,000 | €26,000 | = | 0.0% |
| Financial debts | 170/4 | €26,000 | €26,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €30,126 | €11,352 | -€18,774 | -62.3% |
| Financial debts | 43 | €27,064 | €8,400 | -€18,664 | -69.0% |
| Other loans | 439 | €27,064 | €8,400 | -€18,664 | -69.0% |
| Trade debts | 44 | €3,062 | €2,951 | -€110 | -3.6% |
| Suppliers | 440/4 | €3,062 | €2,951 | -€110 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,665 | €6,818 | +€1,153 | +20.4% |
| Other operating charges | 640/8 | €639 | €629 | -€10 | -1.5% |
| Gross operating margin | 9900 | €11,088 | €26,101 | +€15,013 | +135.4% |
| Operating profit (loss) | 9901 | €4,784 | €18,654 | +€13,870 | +289.9% |
| Financial income | 75/76B | €19 | €10 | -€9 | -47.3% |
| Recurring financial income | 75 | €19 | €10 | -€9 | -47.3% |
| Financial charges | 65/66B | €82 | - | -€82 | |
| Recurring financial charges | 65 | €82 | - | -€82 | |
| Profit (loss) for the period before taxes | 9903 | €4,721 | €18,664 | +€13,943 | +295.3% |
| Profit (loss) for the period | 9904 | €4,721 | €18,664 | +€13,943 | +295.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,721 | €18,664 | +€13,943 | +295.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.