JAN MAES OUTDOOR TRAINING: what changed
JAN MAES OUTDOOR TRAINING
Largest movements
- Tangible fixed assets -€14,825
down €14,825 (-21.6%), from €68,736 to €53,911
of which Furniture and vehicles: -€12,781
- Cash +€13,389
up €13,389 (+173%), from €7,718 to €21,106
mainly Other debts (+€36,269) and Depreciation (+€15,750)
- Receivables within one year -€5,648
down €5,648 (-29.4%), from €19,216 to €13,568
of which Trade receivables: -€4,905
- Profit (loss) carried forward -€39,413
down €39,413 (-100%), from €39,413 to €0
- Other debts +€36,269
up €36,269 (+307%), from €11,830 to €48,099
- Tax, wage and social debts +€8,288
up €8,288 (+861%), from €962 to €9,250
of which Taxes: +€6,199
- Debts after one year -€7,730
down €7,730 (-26.9%), from €28,747 to €21,017
- Current portion of long-term debt -€2,414
down €2,414 (-23.8%), from €10,144 to €7,730
- Gross operating margin +€5,519
up €5,519 (+21.1%), from €26,146 to €31,664
- Depreciation +€5,288
up €5,288 (+50.5%), from €10,463 to €15,750
- Taxes +€1,243
up €1,243 (+68.5%), from €1,814 to €3,057
- Other operating charges +€896
up €896 (+68.6%), from €1,306 to €2,202
- Staff costs -€681
down €681 (-100%), from €681 to €0
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €104,189 | €98,333 | -€5,856 | -5.6% |
| Fixed assets | 21/28 | €72,490 | €57,665 | -€14,825 | -20.5% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €68,736 | €53,911 | -€14,825 | -21.6% |
| Plant, machinery and equipment | 23 | €6,217 | €4,712 | -€1,505 | -24.2% |
| Furniture and vehicles | 24 | €49,376 | €36,594 | -€12,781 | -25.9% |
| Other tangible fixed assets | 26 | €13,143 | €12,604 | -€539 | -4.1% |
| Financial fixed assets | 28 | €3,754 | €3,754 | = | 0.0% |
| Current assets | 29/58 | €31,699 | €40,668 | +€8,969 | +28.3% |
| Stocks and contracts in progress | 3 | €2,288 | €2,568 | +€280 | +12.3% |
| Stocks | 30/36 | €2,288 | €2,568 | +€280 | +12.3% |
| Amounts receivable within one year | 40/41 | €19,216 | €13,568 | -€5,648 | -29.4% |
| Trade receivables | 40 | €16,530 | €11,625 | -€4,905 | -29.7% |
| Other amounts receivable | 41 | €2,686 | €1,943 | -€743 | -27.7% |
| Cash at bank and in hand | 54/58 | €7,718 | €21,106 | +€13,389 | +173% |
| Deferred charges and accrued income | 490/1 | €2,477 | €3,425 | +€949 | +38.3% |
| Total equity and liabilities | 10/49 | €104,189 | €98,333 | -€5,856 | -5.6% |
| Equity | 10/15 | €42,413 | €3,000 | -€39,413 | -92.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,413 | €0 | -€39,413 | -100% |
| Amounts payable | 17/49 | €61,776 | €95,333 | +€33,557 | +54.3% |
| Amounts payable after more than one year | 17 | €28,747 | €21,017 | -€7,730 | -26.9% |
| Financial debts | 170/4 | €28,747 | €21,017 | -€7,730 | -26.9% |
| Amounts payable within one year | 42/48 | €33,029 | €74,316 | +€41,287 | +125% |
| Current portion of amounts payable after more than one year | 42 | €10,144 | €7,730 | -€2,414 | -23.8% |
| Trade debts | 44 | €10,092 | €9,237 | -€855 | -8.5% |
| Suppliers | 440/4 | €10,092 | €9,237 | -€855 | -8.5% |
| Taxes, remuneration and social security | 45 | €962 | €9,250 | +€8,288 | +861% |
| Taxes | 450/3 | €962 | €7,161 | +€6,199 | +644% |
| Remuneration and social security | 454/9 | - | €2,089 | +€2,089 | |
| Other amounts payable | 47/48 | €11,830 | €48,099 | +€36,269 | +307% |
| Remuneration, social security and pensions | 62 | €681 | €0 | -€681 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,463 | €15,750 | +€5,288 | +50.5% |
| Other operating charges | 640/8 | €1,306 | €2,202 | +€896 | +68.6% |
| Non-recurring operating charges | 66A | €2,051 | €0 | -€2,051 | -100% |
| Gross operating margin | 9900 | €26,146 | €31,664 | +€5,519 | +21.1% |
| Operating profit (loss) | 9901 | €11,644 | €13,712 | +€2,067 | +17.8% |
| Financial income | 75/76B | €18 | €5 | -€13 | -74.1% |
| Recurring financial income | 75 | €18 | €5 | -€13 | -74.1% |
| Financial charges | 65/66B | €1,880 | €2,235 | +€355 | +18.9% |
| Recurring financial charges | 65 | €1,880 | €2,235 | +€355 | +18.9% |
| Profit (loss) for the period before taxes | 9903 | €9,782 | €11,481 | +€1,699 | +17.4% |
| Income taxes | 67/77 | €1,814 | €3,057 | +€1,243 | +68.5% |
| Profit (loss) for the period | 9904 | €7,968 | €8,424 | +€455 | +5.7% |
| Profit (loss) for the period to be appropriated | 9905 | €7,968 | €8,424 | +€455 | +5.7% |
Next steps
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 8 November 2026 via checked.be.