JAN MEES: 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 MEES
Largest movements
- Receivables within one year -€60,409
down €60,409 (-59.6%), from €101,299 to €40,890
of which Trade receivables: -€60,409
- Tangible fixed assets -€46,258
down €46,258 (-26.0%), from €177,607 to €131,349
of which Land and buildings: -€34,016
- Stocks and contracts +€24,000
up €24,000 (+15.4%), from €156,000 to €180,000
- Trade debts -€71,985
down €71,985 (-59.6%), from €120,800 to €48,815
- Advances received -€45,229
no longer reported in 2025 (was €45,229)
- Other debts +€37,973
up €37,973 (+59.5%), from €63,834 to €101,807
- Debts after one year -€14,450
down €14,450 (-35.3%), from €40,950 to €26,500
of which Other amounts payable: -€33,450
- Reserves +€9,322
up €9,322 (+10.4%), from €89,240 to €98,562
of which Distributable reserves: +€11,190
- Depreciation -€8,477
down €8,477 (-17.0%), from €49,815 to €41,339
- Gross operating margin +€2,887
up €2,887 (+4.2%), from €68,421 to €71,309
- Taxes +€1,985
up €1,985 (+53.1%), from €3,735 to €5,719
- Financial income -€1,784
down €1,784 (-79.3%), from €2,249 to €465
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.
Cash bridge derived
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 | €439,809 | €357,240 | -€82,569 | -18.8% |
| Fixed assets | 21/28 | €177,742 | €131,484 | -€46,258 | -26.0% |
| Tangible fixed assets | 22/27 | €177,607 | €131,349 | -€46,258 | -26.0% |
| Land and buildings | 22 | €156,461 | €122,445 | -€34,016 | -21.7% |
| Plant, machinery and equipment | 23 | €3,960 | €4,233 | +€273 | +6.9% |
| Furniture and vehicles | 24 | €17,186 | €4,672 | -€12,515 | -72.8% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €262,067 | €225,756 | -€36,311 | -13.9% |
| Stocks and contracts in progress | 3 | €156,000 | €180,000 | +€24,000 | +15.4% |
| Stocks | 30/36 | €156,000 | €180,000 | +€24,000 | +15.4% |
| Amounts receivable within one year | 40/41 | €101,299 | €40,890 | -€60,409 | -59.6% |
| Trade receivables | 40 | €94,395 | €33,986 | -€60,409 | -64.0% |
| Other amounts receivable | 41 | €6,904 | €6,904 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,768 | €4,866 | +€98 | +2.1% |
| Total equity and liabilities | 10/49 | €439,809 | €357,240 | -€82,569 | -18.8% |
| Equity | 10/15 | €107,840 | €117,162 | +€9,322 | +8.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €89,240 | €98,562 | +€9,322 | +10.4% |
| Non-distributable reserves | 130/1 | €1,868 | - | -€1,868 | |
| Reserves not available under the articles | 1311 | €1,868 | - | -€1,868 | |
| Distributable reserves | 133 | €87,372 | €98,562 | +€11,190 | +12.8% |
| Amounts payable | 17/49 | €331,969 | €240,078 | -€91,891 | -27.7% |
| Amounts payable after more than one year | 17 | €40,950 | €26,500 | -€14,450 | -35.3% |
| Financial debts | 170/4 | €7,500 | €26,500 | +€19,000 | +253.3% |
| Other amounts payable | 178/9 | €33,450 | - | -€33,450 | |
| Amounts payable within one year | 42/48 | €291,019 | €213,578 | -€77,441 | -26.6% |
| Current portion of amounts payable after more than one year | 42 | €6,000 | €6,000 | = | 0.0% |
| Financial debts | 43 | €50,000 | €50,000 | = | 0.0% |
| Credit institutions | 430/8 | €50,000 | €50,000 | = | 0.0% |
| Trade debts | 44 | €120,800 | €48,815 | -€71,985 | -59.6% |
| Suppliers | 440/4 | €120,800 | €48,815 | -€71,985 | -59.6% |
| Advances received on contracts in progress | 46 | €45,229 | - | -€45,229 | |
| Taxes, remuneration and social security | 45 | €5,155 | €6,955 | +€1,800 | +34.9% |
| Taxes | 450/3 | €5,155 | €6,955 | +€1,800 | +34.9% |
| Other amounts payable | 47/48 | €63,834 | €101,807 | +€37,973 | +59.5% |
| Non-recurring operating income | 76A | - | €11,198 | +€11,198 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,815 | €41,339 | -€8,477 | -17.0% |
| Other operating charges | 640/8 | €6,003 | €5,677 | -€326 | -5.4% |
| Non-recurring operating charges | 66A | - | €3,623 | +€3,623 | |
| Gross operating margin | 9900 | €68,421 | €71,309 | +€2,887 | +4.2% |
| Operating profit (loss) | 9901 | €12,602 | €20,670 | +€8,068 | +64.0% |
| Financial income | 75/76B | €2,249 | €465 | -€1,784 | -79.3% |
| Recurring financial income | 75 | €2,249 | €465 | -€1,784 | -79.3% |
| Financial charges | 65/66B | €6,695 | €6,093 | -€602 | -9.0% |
| Recurring financial charges | 65 | €6,695 | €6,093 | -€602 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €8,156 | €15,042 | +€6,886 | +84.4% |
| Income taxes | 67/77 | €3,735 | €5,719 | +€1,985 | +53.1% |
| Profit (loss) for the period | 9904 | €4,421 | €9,322 | +€4,901 | +110.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,421 | €9,322 | +€4,901 | +110.9% |
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 10 October 2026 via checked.be.