JAN IBENS: 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 IBENS
Largest movements
- Cash +€16,514
up €16,514 (+41.5%), from €39,821 to €56,334
mainly Depreciation (+€15,881) and Net result for the year (+€14,232)
- Tangible fixed assets +€11,790
up €11,790 (+6.6%), from €179,238 to €191,028
of which Plant, machinery and equipment: +€19,756
- Stocks and contracts -€11,320
down €11,320 (-33.6%), from €33,660 to €22,340
- Receivables within one year -€8,631
down €8,631 (-30.0%), from €28,739 to €20,108
of which Trade receivables: -€5,654
- Trade debts -€8,213
down €8,213 (-70.8%), from €11,598 to €3,385
- Debts after one year +€7,579
up €7,579 (+4.6%), from €165,615 to €173,194
- Other debts +€6,319
new in 2025: €6,319
- Current portion of long-term debt +€3,413
up €3,413 (+62.1%), from €5,493 to €8,906
- Depreciation -€16,472
down €16,472 (-50.9%), from €32,353 to €15,881
- Gross operating margin +€7,581
up €7,581 (+5.5%), from €138,243 to €145,823
- Purchases and services -€5,876
down €5,876 (-1.9%), from €306,006 to €300,130
- Financial charges +€3,722
up €3,722 (+56.5%), from €6,581 to €10,303
- Taxes +€3,461
up €3,461 (+629%), from €550 to €4,011
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 | €282,302 | €290,740 | +€8,438 | +3.0% |
| Fixed assets | 21/28 | €179,893 | €191,683 | +€11,790 | +6.6% |
| Tangible fixed assets | 22/27 | €179,238 | €191,028 | +€11,790 | +6.6% |
| Land and buildings | 22 | €163,166 | €154,303 | -€8,863 | -5.4% |
| Plant, machinery and equipment | 23 | €7,125 | €26,881 | +€19,756 | +277% |
| Furniture and vehicles | 24 | €8,947 | €9,844 | +€898 | +10.0% |
| Financial fixed assets | 28 | €655 | €655 | = | 0.0% |
| Current assets | 29/58 | €102,409 | €99,057 | -€3,352 | -3.3% |
| Stocks and contracts in progress | 3 | €33,660 | €22,340 | -€11,320 | -33.6% |
| Stocks | 30/36 | €33,660 | €22,340 | -€11,320 | -33.6% |
| Amounts receivable within one year | 40/41 | €28,739 | €20,108 | -€8,631 | -30.0% |
| Trade receivables | 40 | €20,322 | €14,668 | -€5,654 | -27.8% |
| Other amounts receivable | 41 | €8,417 | €5,439 | -€2,977 | -35.4% |
| Cash at bank and in hand | 54/58 | €39,821 | €56,334 | +€16,514 | +41.5% |
| Deferred charges and accrued income | 490/1 | €190 | €275 | +€85 | +44.7% |
| Total equity and liabilities | 10/49 | €282,302 | €290,740 | +€8,438 | +3.0% |
| Equity | 10/15 | €69,044 | €66,833 | -€2,211 | -3.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €30,324 | €28,113 | -€2,211 | -7.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €28,464 | €26,253 | -€2,211 | -7.8% |
| Profit (loss) carried forward | 14 | €20,120 | €20,120 | = | 0.0% |
| Amounts payable | 17/49 | €213,258 | €223,907 | +€10,649 | +5.0% |
| Amounts payable after more than one year | 17 | €165,615 | €173,194 | +€7,579 | +4.6% |
| Financial debts | 170/4 | €165,615 | €173,194 | +€7,579 | +4.6% |
| Amounts payable within one year | 42/48 | €47,643 | €50,713 | +€3,070 | +6.4% |
| Current portion of amounts payable after more than one year | 42 | €5,493 | €8,906 | +€3,413 | +62.1% |
| Financial debts | 43 | €3,745 | €3,747 | +€2 | +0.1% |
| Credit institutions | 430/8 | €3,745 | €3,747 | +€2 | +0.1% |
| Trade debts | 44 | €11,598 | €3,385 | -€8,213 | -70.8% |
| Suppliers | 440/4 | €11,598 | €3,385 | -€8,213 | -70.8% |
| Taxes, remuneration and social security | 45 | €26,808 | €28,356 | +€1,549 | +5.8% |
| Taxes | 450/3 | €16,757 | €17,936 | +€1,178 | +7.0% |
| Remuneration and social security | 454/9 | €10,050 | €10,421 | +€370 | +3.7% |
| Other amounts payable | 47/48 | - | €6,319 | +€6,319 | |
| Non-recurring operating income | 76A | €5,430 | - | -€5,430 | |
| Goods, raw materials, services and sundry goods | 60/61 | €306,006 | €300,130 | -€5,876 | -1.9% |
| Remuneration, social security and pensions | 62 | €94,126 | €97,397 | +€3,271 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,353 | €15,881 | -€16,472 | -50.9% |
| Other operating charges | 640/8 | €2,439 | €4,001 | +€1,562 | +64.0% |
| Gross operating margin | 9900 | €138,243 | €145,823 | +€7,581 | +5.5% |
| Operating profit (loss) | 9901 | €9,324 | €28,544 | +€19,220 | +206% |
| Financial income | 75/76B | €11 | €2 | -€10 | -85.5% |
| Recurring financial income | 75 | €11 | €2 | -€10 | -85.5% |
| Financial charges | 65/66B | €6,581 | €10,303 | +€3,722 | +56.5% |
| Recurring financial charges | 65 | €6,581 | €10,303 | +€3,722 | +56.5% |
| Profit (loss) for the period before taxes | 9903 | €2,754 | €18,243 | +€15,488 | +562% |
| Income taxes | 67/77 | €550 | €4,011 | +€3,461 | +629% |
| Profit (loss) for the period | 9904 | €2,205 | €14,232 | +€12,027 | +546% |
| Profit (loss) for the period to be appropriated | 9905 | €2,205 | €14,232 | +€12,027 | +546% |
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 28 October 2026 via checked.be.