JAN JUTTEN: 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 JUTTEN
Largest movements
- Cash -€67,232
down €67,232 (-33.9%), from €198,254 to €131,022
mainly Contributions, distributions and other (-€220,000) and Investment in fixed assets (net) (-€761)
- Receivables within one year -€8,498
down €8,498 (-60.7%), from €13,999 to €5,501
of which Other amounts receivable: -€12,761
- Reserves -€182,852
down €182,852 (-70.1%), from €260,840 to €77,988
- Other debts +€101,629
up €101,629 (+1,694%), from €6,000 to €107,629
- Trade debts +€3,302
up €3,302 (+148%), from €2,235 to €5,536
- Gross operating margin -€46,438
down €46,438 (-46.5%), from €99,901 to €53,463
- Taxes -€7,910
down €7,910 (-39.1%), from €20,233 to €12,324
- Financial income +€4,074
up €4,074 (+932%), from €437 to €4,512
- Financial charges +€1,326
up €1,326 (+41.1%), from €3,223 to €4,549
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 | €284,867 | €206,621 | -€78,246 | -27.5% |
| Fixed assets | 21/28 | €12,614 | €10,376 | -€2,237 | -17.7% |
| Tangible fixed assets | 22/27 | €12,614 | €10,376 | -€2,237 | -17.7% |
| Land and buildings | 22 | €5,831 | €4,470 | -€1,360 | -23.3% |
| Plant, machinery and equipment | 23 | €6,079 | €4,689 | -€1,390 | -22.9% |
| Furniture and vehicles | 24 | €704 | €1,217 | +€513 | +72.8% |
| Current assets | 29/58 | €272,253 | €196,245 | -€76,008 | -27.9% |
| Amounts receivable within one year | 40/41 | €13,999 | €5,501 | -€8,498 | -60.7% |
| Trade receivables | 40 | €1,237 | €5,501 | +€4,263 | +345% |
| Other amounts receivable | 41 | €12,761 | - | -€12,761 | |
| Current investments | 50/53 | €60,000 | €59,024 | -€976 | -1.6% |
| Cash at bank and in hand | 54/58 | €198,254 | €131,022 | -€67,232 | -33.9% |
| Deferred charges and accrued income | 490/1 | - | €698 | +€698 | |
| Total equity and liabilities | 10/49 | €284,867 | €206,621 | -€78,246 | -27.5% |
| Equity | 10/15 | €263,840 | €80,988 | -€182,852 | -69.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €260,840 | €77,988 | -€182,852 | -70.1% |
| Distributable reserves | 133 | €260,840 | €77,988 | -€182,852 | -70.1% |
| Amounts payable | 17/49 | €21,027 | €125,633 | +€104,606 | +497% |
| Amounts payable within one year | 42/48 | €21,027 | €125,633 | +€104,606 | +497% |
| Trade debts | 44 | €2,235 | €5,536 | +€3,302 | +148% |
| Suppliers | 440/4 | €2,235 | €5,536 | +€3,302 | +148% |
| Taxes, remuneration and social security | 45 | €12,792 | €12,467 | -€325 | -2.5% |
| Taxes | 450/3 | €12,792 | €12,467 | -€325 | -2.5% |
| Other amounts payable | 47/48 | €6,000 | €107,629 | +€101,629 | +1,694% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,970 | €2,998 | +€28 | +0.9% |
| Other operating charges | 640/8 | €927 | €955 | +€28 | +3.1% |
| Gross operating margin | 9900 | €99,901 | €53,463 | -€46,438 | -46.5% |
| Operating profit (loss) | 9901 | €96,004 | €49,509 | -€46,495 | -48.4% |
| Financial income | 75/76B | €437 | €4,512 | +€4,074 | +932% |
| Recurring financial income | 75 | €437 | €4,512 | +€4,074 | +932% |
| Financial charges | 65/66B | €3,223 | €4,549 | +€1,326 | +41.1% |
| Recurring financial charges | 65 | €3,223 | €4,549 | +€1,326 | +41.1% |
| Profit (loss) for the period before taxes | 9903 | €93,219 | €49,472 | -€43,746 | -46.9% |
| Income taxes | 67/77 | €20,233 | €12,324 | -€7,910 | -39.1% |
| Profit (loss) for the period | 9904 | €72,985 | €37,148 | -€35,837 | -49.1% |
| Profit (loss) for the period to be appropriated | 9905 | €72,985 | €37,148 | -€35,837 | -49.1% |
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 21 October 2026 via checked.be.