JAN QUAX: 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 QUAX
Largest movements
- Cash +€7,527
up €7,527 (+279%), from €2,701 to €10,228
mainly Trade debts (+€7,854) and Net result for the year (+€5,835)
- Tangible fixed assets +€4,213
up €4,213 (+519%), from €811 to €5,024
of which Land and buildings: +€4,706
- Receivables within one year +€3,327
up €3,327 (+3.5%), from €94,347 to €97,674
of which Trade receivables: +€2,678
- Trade debts +€7,854
up €7,854 (+26.0%), from €30,228 to €38,083
- Reserves +€5,835
new in 2025: €5,835
- Tax, wage and social debts +€2,346
up €2,346 (+19.6%), from €11,969 to €14,315
- Gross operating margin +€2,598
up €2,598 (+21.6%), from €12,002 to €14,600
- Taxes +€1,948
up €1,948 (+46.8%), from €4,162 to €6,110
- Financial charges -€617
down €617 (-28.2%), from €2,190 to €1,572
- Depreciation -€170
down €170 (-19.0%), from €897 to €727
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 | €99,317 | €114,390 | +€15,073 | +15.2% |
| Fixed assets | 21/28 | €811 | €5,024 | +€4,213 | +519% |
| Tangible fixed assets | 22/27 | €811 | €5,024 | +€4,213 | +519% |
| Land and buildings | 22 | - | €4,706 | +€4,706 | |
| Furniture and vehicles | 24 | €811 | €318 | -€493 | -60.8% |
| Current assets | 29/58 | €98,506 | €109,366 | +€10,860 | +11.0% |
| Amounts receivable within one year | 40/41 | €94,347 | €97,674 | +€3,327 | +3.5% |
| Trade receivables | 40 | €41,511 | €44,189 | +€2,678 | +6.5% |
| Other amounts receivable | 41 | €52,836 | €53,485 | +€649 | +1.2% |
| Cash at bank and in hand | 54/58 | €2,701 | €10,228 | +€7,527 | +279% |
| Deferred charges and accrued income | 490/1 | €1,458 | €1,464 | +€6 | +0.4% |
| Total equity and liabilities | 10/49 | €99,317 | €114,390 | +€15,073 | +15.2% |
| Equity | 10/15 | €56,157 | €61,992 | +€5,835 | +10.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | - | €5,835 | +€5,835 | |
| Distributable reserves | 133 | - | €5,835 | +€5,835 | |
| Profit (loss) carried forward | 14 | €43,757 | €43,757 | = | 0.0% |
| Amounts payable | 17/49 | €43,160 | €52,398 | +€9,237 | +21.4% |
| Amounts payable within one year | 42/48 | €43,160 | €52,398 | +€9,237 | +21.4% |
| Current portion of amounts payable after more than one year | 42 | €963 | - | -€963 | |
| Trade debts | 44 | €30,228 | €38,083 | +€7,854 | +26.0% |
| Suppliers | 440/4 | €30,228 | €38,083 | +€7,854 | +26.0% |
| Taxes, remuneration and social security | 45 | €11,969 | €14,315 | +€2,346 | +19.6% |
| Taxes | 450/3 | €11,969 | €14,315 | +€2,346 | +19.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €897 | €727 | -€170 | -19.0% |
| Other operating charges | 640/8 | €352 | €356 | +€4 | +1.2% |
| Gross operating margin | 9900 | €12,002 | €14,600 | +€2,598 | +21.6% |
| Operating profit (loss) | 9901 | €10,753 | €13,517 | +€2,764 | +25.7% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €2,190 | €1,572 | -€617 | -28.2% |
| Recurring financial charges | 65 | €2,190 | €1,572 | -€617 | -28.2% |
| Profit (loss) for the period before taxes | 9903 | €8,563 | €11,946 | +€3,382 | +39.5% |
| Income taxes | 67/77 | €4,162 | €6,110 | +€1,948 | +46.8% |
| Profit (loss) for the period | 9904 | €4,401 | €5,835 | +€1,434 | +32.6% |
| Profit (loss) for the period to be appropriated | 9905 | €4,401 | €5,835 | +€1,434 | +32.6% |
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 25 October 2026 via checked.be.