JAN DE NIL: 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 DE NIL
Largest movements
- Cash -€80,801
down €80,801 (-58.8%), from €137,358 to €56,557
mainly Other debts (-€63,716) and Investment in fixed assets (net) (-€56,968)
- Tangible fixed assets -€19,210
down €19,210 (-9.0%), from €213,162 to €193,952
of which Furniture and vehicles: -€33,202
- Receivables within one year +€16,240
up €16,240 (+45.1%), from €35,985 to €52,225
of which Trade receivables: +€16,740
- Other debts -€63,716
down €63,716 (-89.3%), from €71,370 to €7,654
- Current portion of long-term debt -€17,028
down €17,028 (-38.7%), from €43,984 to €26,956
- Debts after one year -€9,469
down €9,469 (-21.1%), from €44,913 to €35,444
- Reserves +€7,211
up €7,211 (+28.9%), from €24,990 to €32,201
of which Distributable reserves: +€12,811
- Tax, wage and social debts +€5,630
up €5,630 (+95.5%), from €5,898 to €11,528
- Depreciation -€6,406
down €6,406 (-7.8%), from €82,584 to €76,178
- Gross operating margin +€2,898
up €2,898 (+3.3%), from €87,047 to €89,945
- Taxes +€1,828
up €1,828 (+183%), from €1,000 to €2,828
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 | €402,056 | €318,276 | -€83,780 | -20.8% |
| Fixed assets | 21/28 | €213,972 | €194,762 | -€19,210 | -9.0% |
| Tangible fixed assets | 22/27 | €213,162 | €193,952 | -€19,210 | -9.0% |
| Land and buildings | 22 | €11,055 | €25,047 | +€13,992 | +127% |
| Furniture and vehicles | 24 | €202,107 | €168,905 | -€33,202 | -16.4% |
| Financial fixed assets | 28 | €810 | €810 | = | 0.0% |
| Current assets | 29/58 | €188,084 | €123,514 | -€64,570 | -34.3% |
| Amounts receivable within one year | 40/41 | €35,985 | €52,225 | +€16,240 | +45.1% |
| Trade receivables | 40 | €33,485 | €50,225 | +€16,740 | +50.0% |
| Other amounts receivable | 41 | €2,500 | €2,000 | -€500 | -20.0% |
| Cash at bank and in hand | 54/58 | €137,358 | €56,557 | -€80,801 | -58.8% |
| Deferred charges and accrued income | 490/1 | €14,741 | €14,732 | -€9 | -0.1% |
| Total equity and liabilities | 10/49 | €402,056 | €318,276 | -€83,780 | -20.8% |
| Equity | 10/15 | €220,204 | €227,415 | +€7,211 | +3.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €24,990 | €32,201 | +€7,211 | +28.9% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,840 | €13,240 | -€5,600 | -29.7% |
| Distributable reserves | 133 | - | €12,811 | +€12,811 | |
| Profit (loss) carried forward | 14 | €133,714 | €133,714 | = | 0.0% |
| Provisions and deferred taxes | 16 | €4,710 | €3,310 | -€1,400 | -29.7% |
| Deferred taxes | 168 | €4,710 | €3,310 | -€1,400 | -29.7% |
| Amounts payable | 17/49 | €177,142 | €87,551 | -€89,591 | -50.6% |
| Amounts payable after more than one year | 17 | €44,913 | €35,444 | -€9,469 | -21.1% |
| Financial debts | 170/4 | €44,913 | €35,444 | -€9,469 | -21.1% |
| Amounts payable within one year | 42/48 | €132,229 | €52,107 | -€80,122 | -60.6% |
| Current portion of amounts payable after more than one year | 42 | €43,984 | €26,956 | -€17,028 | -38.7% |
| Trade debts | 44 | €10,977 | €5,969 | -€5,008 | -45.6% |
| Suppliers | 440/4 | €10,977 | €5,969 | -€5,008 | -45.6% |
| Taxes, remuneration and social security | 45 | €5,898 | €11,528 | +€5,630 | +95.5% |
| Taxes | 450/3 | €5,898 | €11,528 | +€5,630 | +95.5% |
| Other amounts payable | 47/48 | €71,370 | €7,654 | -€63,716 | -89.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,584 | €76,178 | -€6,406 | -7.8% |
| Other operating charges | 640/8 | €713 | €876 | +€163 | +22.9% |
| Non-recurring operating charges | 66A | - | €600 | +€600 | |
| Gross operating margin | 9900 | €87,047 | €89,945 | +€2,898 | +3.3% |
| Operating profit (loss) | 9901 | €3,750 | €12,291 | +€8,541 | +228% |
| Financial income | 75/76B | €260 | €5 | -€255 | -98.1% |
| Recurring financial income | 75 | €260 | €5 | -€255 | -98.1% |
| Financial charges | 65/66B | €4,256 | €3,657 | -€599 | -14.1% |
| Recurring financial charges | 65 | €4,256 | €3,657 | -€599 | -14.1% |
| Profit (loss) for the period before taxes | 9903 | -€246 | €8,639 | +€8,885 | |
| Transfer from deferred taxes | 780 | €1,400 | €1,400 | = | 0.0% |
| Income taxes | 67/77 | €1,000 | €2,828 | +€1,828 | +183% |
| Profit (loss) for the period | 9904 | €154 | €7,211 | +€7,057 | +4,582% |
| Transfer from tax-exempt reserves | 789 | €5,600 | €5,600 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,754 | €12,811 | +€7,057 | +123% |
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 14 October 2026 via checked.be.