JAN LEENAERTS: what changed
What changed
JAN LEENAERTS
NACE 01.500, Mixed farming
filed annual accounts (NBB)
Net result for the year
€181,086
2024 · €44,754+€136,332
Equity
€823,754
2024 · €642,669+€181,086
Cash
€17,822
2024 · €8,917+€8,905
Balance sheet total
€947,621
2024 · €714,629+€232,993
Largest movements
Assets
- Receivables within one year +€292,525
up €292,525 (+58.7%), from €498,195 to €790,721
of which Other amounts receivable: +€299,468
- Tangible fixed assets -€64,663
down €64,663 (-31.8%), from €203,651 to €138,989
of which Land and buildings: -€80,776
Equity and liabilities
- Reserves +€181,086
up €181,086 (+87.5%), from €206,989 to €388,075
of which Tax-exempt reserves: +€225,349
- Provisions +€75,116
new in 2025: €75,116
- Current portion of long-term debt -€20,000
down €20,000 (-74.8%), from €26,750 to €6,750
Income statement
- Gross operating margin +€200,367
up €200,367 (+161%), from €124,693 to €325,061
- Financial charges -€10,590
down €10,590 (-76.1%), from €13,914 to €3,325
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€44,754
Gross operating margin
+€200,367
Depreciation
+€2,449
Other operating charges
-€1,958
Financial income
+€0
Financial charges
+€10,590
Deferred taxes and other
-€75,116
Result 2025
€181,086
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€19,121
Investment
+€16,534
Financing
-€26,750
Cash 2024
€8,917
From operations (derived)
+€19,121
Net result for the year
+€181,086
Depreciation
+€51,903
Receivables within one year
-€292,525
Provisions
+€75,116
Trade debts
+€4,805
Other debts
-€1,265
Investment (derived)
+€16,534
Investment in fixed assets (net)
+€16,534
Financing
-€26,750
Debts after one year
-€6,750
Current portion of long-term debt
-€20,000
Cash 2025
€17,822
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €714,629 | €947,621 | +€232,993 | +32.6% |
| Fixed assets | 21/28 | €207,516 | €139,078 | -€68,437 | -33.0% |
| Intangible fixed assets | 21 | €3,774 | €0 | -€3,774 | -100% |
| Tangible fixed assets | 22/27 | €203,651 | €138,989 | -€64,663 | -31.8% |
| Land and buildings | 22 | €192,092 | €111,317 | -€80,776 | -42.1% |
| Plant, machinery and equipment | 23 | €11,559 | €27,672 | +€16,113 | +139% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €507,113 | €808,543 | +€301,430 | +59.4% |
| Amounts receivable within one year | 40/41 | €498,195 | €790,721 | +€292,525 | +58.7% |
| Trade receivables | 40 | €154,760 | €147,817 | -€6,943 | -4.5% |
| Other amounts receivable | 41 | €343,435 | €642,904 | +€299,468 | +87.2% |
| Cash at bank and in hand | 54/58 | €8,917 | €17,822 | +€8,905 | +99.9% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €714,629 | €947,621 | +€232,993 | +32.6% |
| Equity | 10/15 | €642,669 | €823,754 | +€181,086 | +28.2% |
| Contributions | 10/11 | €435,679 | €435,679 | = | 0.0% |
| Capital | 10 | €435,679 | €435,679 | = | 0.0% |
| Issued capital | 100 | €435,679 | €435,679 | = | 0.0% |
| Reserves | 13 | €206,989 | €388,075 | +€181,086 | +87.5% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Legal reserve | 130 | €20,000 | €20,000 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €225,349 | +€225,349 | |
| Distributable reserves | 133 | €186,989 | €142,726 | -€44,263 | -23.7% |
| Provisions and deferred taxes | 16 | - | €75,116 | +€75,116 | |
| Deferred taxes | 168 | - | €75,116 | +€75,116 | |
| Amounts payable | 17/49 | €71,960 | €48,751 | -€23,210 | -32.3% |
| Amounts payable after more than one year | 17 | €38,813 | €32,063 | -€6,750 | -17.4% |
| Financial debts | 170/4 | €38,813 | €32,063 | -€6,750 | -17.4% |
| Amounts payable within one year | 42/48 | €33,148 | €16,688 | -€16,460 | -49.7% |
| Current portion of amounts payable after more than one year | 42 | €26,750 | €6,750 | -€20,000 | -74.8% |
| Trade debts | 44 | €1,614 | €6,419 | +€4,805 | +298% |
| Suppliers | 440/4 | €1,614 | €6,419 | +€4,805 | +298% |
| Other amounts payable | 47/48 | €4,784 | €3,519 | -€1,265 | -26.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,352 | €51,903 | -€2,449 | -4.5% |
| Other operating charges | 640/8 | €11,673 | €13,631 | +€1,958 | +16.8% |
| Gross operating margin | 9900 | €124,693 | €325,061 | +€200,367 | +161% |
| Operating profit (loss) | 9901 | €58,668 | €259,527 | +€200,859 | +342% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €13,914 | €3,325 | -€10,590 | -76.1% |
| Recurring financial charges | 65 | €13,914 | €3,325 | -€10,590 | -76.1% |
| Profit (loss) for the period before taxes | 9903 | €44,754 | €256,202 | +€211,449 | +472% |
| Transfer to deferred taxes | 680 | - | €75,116 | +€75,116 | |
| Profit (loss) for the period | 9904 | €44,754 | €181,086 | +€136,332 | +305% |
| Transfer to tax-exempt reserves | 689 | - | €225,349 | +€225,349 | |
| Profit (loss) for the period to be appropriated | 9905 | €44,754 | -€44,263 | -€89,017 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.