JAN PLUS: 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 PLUS
Largest movements
- Stocks and contracts +€515,022
up €515,022 (+52.8%), from €975,045 to €1.5m
- Receivables within one year -€91,848
down €91,848 (-48.2%), from €190,752 to €98,904
- Cash +€20,228
up €20,228 (+994%), from €2,034 to €22,262
mainly Short-term financial debts (+€554,593) and Receivables within one year (+€91,848)
- Short-term financial debts +€554,593
up €554,593 (+70.4%), from €787,771 to €1.3m
- Contributions -€55,000
no longer reported in 2025 (was €55,000)
- Profit (loss) carried forward -€54,715
no longer reported in 2025 (was €54,715)
- Reserves -€40,228
down €40,228 (-19.8%), from €203,093 to €162,865
- Trade debts +€23,022
up €23,022 (+220%), from €10,486 to €33,509
- Gross operating margin -€86,294
down €86,294 (-30.4%), from €284,248 to €197,954
- Taxes -€29,159
down €29,159 (-50.8%), from €57,434 to €28,275
- Financial charges -€19,356
down €19,356 (-20.2%), from €95,688 to €76,332
- Other operating charges +€14,157
up €14,157 (+240%), from €5,908 to €20,065
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 | €1,174,835 | €1,617,568 | +€442,733 | +37.7% |
| Fixed assets | 21/28 | €1,873 | €1,204 | -€669 | -35.7% |
| Tangible fixed assets | 22/27 | €1,873 | €1,204 | -€669 | -35.7% |
| Furniture and vehicles | 24 | €1,873 | €1,204 | -€669 | -35.7% |
| Current assets | 29/58 | €1,172,962 | €1,616,364 | +€443,402 | +37.8% |
| Stocks and contracts in progress | 3 | €975,045 | €1,490,067 | +€515,022 | +52.8% |
| Stocks | 30/36 | €975,045 | €1,490,067 | +€515,022 | +52.8% |
| Amounts receivable within one year | 40/41 | €190,752 | €98,904 | -€91,848 | -48.2% |
| Other amounts receivable | 41 | €190,752 | €98,904 | -€91,848 | -48.2% |
| Current investments | 50/53 | €4,506 | €4,506 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,034 | €22,262 | +€20,228 | +994% |
| Deferred charges and accrued income | 490/1 | €625 | €625 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,174,835 | €1,617,568 | +€442,733 | +37.7% |
| Equity | 10/15 | €312,808 | €162,865 | -€149,943 | -47.9% |
| Contributions | 10/11 | €55,000 | - | -€55,000 | |
| Reserves | 13 | €203,093 | €162,865 | -€40,228 | -19.8% |
| Non-distributable reserves | 130/1 | €203,093 | €162,865 | -€40,228 | -19.8% |
| Reserves not available under the articles | 1311 | €203,093 | €162,865 | -€40,228 | -19.8% |
| Profit (loss) carried forward | 14 | €54,715 | - | -€54,715 | |
| Amounts payable | 17/49 | €862,027 | €1,454,703 | +€592,676 | +68.8% |
| Amounts payable within one year | 42/48 | €862,027 | €1,454,703 | +€592,676 | +68.8% |
| Current portion of amounts payable after more than one year | 42 | €16,200 | €31,553 | +€15,353 | +94.8% |
| Financial debts | 43 | €787,771 | €1,342,363 | +€554,593 | +70.4% |
| Credit institutions | 430/8 | €787,771 | €1,342,363 | +€554,593 | +70.4% |
| Trade debts | 44 | €10,486 | €33,509 | +€23,022 | +220% |
| Suppliers | 440/4 | €10,486 | €33,509 | +€23,022 | +220% |
| Taxes, remuneration and social security | 45 | €46,434 | €45,775 | -€659 | -1.4% |
| Taxes | 450/3 | €46,434 | €45,775 | -€659 | -1.4% |
| Other amounts payable | 47/48 | €1,136 | €1,503 | +€367 | +32.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €897 | €669 | -€228 | -25.4% |
| Other operating charges | 640/8 | €5,908 | €20,065 | +€14,157 | +240% |
| Gross operating margin | 9900 | €284,248 | €197,954 | -€86,294 | -30.4% |
| Operating profit (loss) | 9901 | €277,443 | €177,220 | -€100,222 | -36.1% |
| Financial income | 75/76B | €2,772 | €158 | -€2,614 | -94.3% |
| Recurring financial income | 75 | €2,772 | €158 | -€2,614 | -94.3% |
| Financial charges | 65/66B | €95,688 | €76,332 | -€19,356 | -20.2% |
| Recurring financial charges | 65 | €95,688 | €76,332 | -€19,356 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €184,526 | €101,047 | -€83,480 | -45.2% |
| Income taxes | 67/77 | €57,434 | €28,275 | -€29,159 | -50.8% |
| Profit (loss) for the period | 9904 | €127,093 | €72,772 | -€54,321 | -42.7% |
| Profit (loss) for the period to be appropriated | 9905 | €127,093 | €72,772 | -€54,321 | -42.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.