JAN LIPPENS: what changed
What changed
JAN LIPPENS
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€16,948
2024 · €16,626+€322
Equity
€646,147
2024 · €789,199-€143,052
Cash
€172,758
2024 · €200,777-€28,020
Balance sheet total
€814,169
2024 · €813,882+€288
Largest movements
Assets
- Receivables within one year +€34,358
up €34,358 (+37.5%), from €91,567 to €125,925
of which Other amounts receivable: +€33,515
- Cash -€28,020
down €28,020 (-14.0%), from €200,777 to €172,758
mainly Contributions, distributions and other (-€160,000) and Receivables within one year (-€34,358)
- Tangible fixed assets -€9,160
down €9,160 (-1.8%), from €519,298 to €510,139
of which Land and buildings: -€20,091
Equity and liabilities
- Other debts +€154,897
up €154,897 (+3,035%), from €5,103 to €160,000
- Reserves -€143,052
down €143,052 (-65.4%), from €218,772 to €75,720
Income statement
- Taxes +€4,150
up €4,150 (+221%), from €1,880 to €6,029
- Depreciation -€3,123
down €3,123 (-12.0%), from €25,935 to €22,813
- Gross operating margin +€1,393
up €1,393 (+2.8%), from €50,271 to €51,664
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
€16,626
Gross operating margin
+€1,393
Depreciation
+€3,123
Other operating charges
-€400
Other operating items
+€63
Financial income
+€261
Financial charges
+€32
Taxes
-€4,150
Result 2025
€16,948
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
+€154,383
Investment
-€13,653
Financing
-€168,750
Cash 2024
€200,777
From operations (derived)
+€154,383
Net result for the year
+€16,948
Depreciation
+€22,813
Receivables within one year
-€34,358
Deferred charges and accrued income
-€3,109
Trade debts
-€1,205
Tax, wage and social debts
-€612
Other debts
+€154,897
Accrued charges and deferred income
-€991
Investment (derived)
-€13,653
Investment in fixed assets (net)
-€13,653
Financing
-€168,750
Debts after one year
-€1,458
Current portion of long-term debt
-€7,293
Contributions, distributions and other
-€160,000
Cash 2025
€172,758
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €813,882 | €814,169 | +€288 | 0.0% |
| Fixed assets | 21/28 | €519,478 | €510,319 | -€9,160 | -1.8% |
| Tangible fixed assets | 22/27 | €519,298 | €510,139 | -€9,160 | -1.8% |
| Land and buildings | 22 | €511,715 | €491,624 | -€20,091 | -3.9% |
| Plant, machinery and equipment | 23 | €2,445 | €13,534 | +€11,089 | +454% |
| Furniture and vehicles | 24 | €5,138 | €4,981 | -€158 | -3.1% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €294,403 | €303,851 | +€9,447 | +3.2% |
| Amounts receivable within one year | 40/41 | €91,567 | €125,925 | +€34,358 | +37.5% |
| Trade receivables | 40 | €6,260 | €7,104 | +€843 | +13.5% |
| Other amounts receivable | 41 | €85,306 | €118,821 | +€33,515 | +39.3% |
| Cash at bank and in hand | 54/58 | €200,777 | €172,758 | -€28,020 | -14.0% |
| Deferred charges and accrued income | 490/1 | €2,059 | €5,168 | +€3,109 | +151% |
| Total equity and liabilities | 10/49 | €813,882 | €814,169 | +€288 | 0.0% |
| Equity | 10/15 | €789,199 | €646,147 | -€143,052 | -18.1% |
| Contributions | 10/11 | €570,427 | €570,427 | = | 0.0% |
| Reserves | 13 | €218,772 | €75,720 | -€143,052 | -65.4% |
| Distributable reserves | 133 | €218,772 | €75,720 | -€143,052 | -65.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €24,683 | €168,022 | +€143,339 | +581% |
| Amounts payable after more than one year | 17 | €1,458 | €0 | -€1,458 | -100% |
| Financial debts | 170/4 | €1,458 | €0 | -€1,458 | -100% |
| Amounts payable within one year | 42/48 | €20,660 | €166,447 | +€145,788 | +706% |
| Current portion of amounts payable after more than one year | 42 | €8,750 | €1,458 | -€7,293 | -83.3% |
| Trade debts | 44 | €2,687 | €1,482 | -€1,205 | -44.8% |
| Suppliers | 440/4 | €2,687 | €1,482 | -€1,205 | -44.8% |
| Taxes, remuneration and social security | 45 | €4,120 | €3,508 | -€612 | -14.9% |
| Taxes | 450/3 | €4,120 | €3,508 | -€612 | -14.9% |
| Other amounts payable | 47/48 | €5,103 | €160,000 | +€154,897 | +3,035% |
| Accrued charges and deferred income | 492/3 | €2,566 | €1,575 | -€991 | -38.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,935 | €22,813 | -€3,123 | -12.0% |
| Other operating charges | 640/8 | €7,727 | €8,127 | +€400 | +5.2% |
| Non-recurring operating charges | 66A | €63 | - | -€63 | |
| Gross operating margin | 9900 | €50,271 | €51,664 | +€1,393 | +2.8% |
| Operating profit (loss) | 9901 | €16,545 | €20,724 | +€4,179 | +25.3% |
| Financial income | 75/76B | €2,237 | €2,498 | +€261 | +11.7% |
| Recurring financial income | 75 | €2,237 | €2,498 | +€261 | +11.7% |
| Financial charges | 65/66B | €277 | €244 | -€32 | -11.7% |
| Recurring financial charges | 65 | €277 | €244 | -€32 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €18,506 | €22,978 | +€4,472 | +24.2% |
| Income taxes | 67/77 | €1,880 | €6,029 | +€4,150 | +221% |
| Profit (loss) for the period | 9904 | €16,626 | €16,948 | +€322 | +1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €16,626 | €16,948 | +€322 | +1.9% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 3 November 2026 via checked.be.