JAN WILLEMS: 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 WILLEMS
Largest movements
- Receivables after one year -€22,000
down €22,000 (-33.3%), from €66,000 to €44,000
of which Trade receivables: -€66,000
- Tangible fixed assets +€4,340
up €4,340 (+1,240%), from €350 to €4,690
- Other debts -€11,574
down €11,574 (-98.0%), from €11,812 to €238
- Profit (loss) carried forward -€5,786
down €5,786 (-24.7%), from -€23,412 to -€29,197
- Gross operating margin +€1,260
up €1,260 (+18.1%), from -€6,966 to -€5,706
- Purchases and services -€1,060
down €1,060 (-13.0%), from €8,166 to €7,106
- Financial income -€440
down €440 (-33.3%), from €1,320 to €880
- Other operating charges -€285
down €285 (-43.5%), from €657 to €371
- Turnover +€200
up €200 (+16.7%), from €1,200 to €1,400
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €68,022 | €50,960 | -€17,063 | -25.1% |
| Fixed assets | 21/28 | €850 | €5,190 | +€4,340 | +511% |
| Tangible fixed assets | 22/27 | €350 | €4,690 | +€4,340 | +1,240% |
| Furniture and vehicles | 24 | €350 | €4,690 | +€4,340 | +1,240% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €67,172 | €45,770 | -€21,403 | -31.9% |
| Amounts receivable after more than one year | 29 | €66,000 | €44,000 | -€22,000 | -33.3% |
| Trade receivables | 290 | €66,000 | - | -€66,000 | |
| Other amounts receivable | 291 | - | €44,000 | +€44,000 | |
| Amounts receivable within one year | 40/41 | €773 | €1,371 | +€597 | +77.2% |
| Other amounts receivable | 41 | €773 | €1,371 | +€597 | +77.2% |
| Deferred charges and accrued income | 490/1 | €399 | €399 | = | 0.0% |
| Total equity and liabilities | 10/49 | €68,022 | €50,960 | -€17,063 | -25.1% |
| Equity | 10/15 | €55,905 | €50,119 | -€5,786 | -10.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €66,917 | €66,917 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €51,600 | €51,600 | = | 0.0% |
| Distributable reserves | 133 | €13,457 | €13,457 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,412 | -€29,197 | -€5,786 | -24.7% |
| Amounts payable | 17/49 | €12,117 | €840 | -€11,277 | -93.1% |
| Amounts payable within one year | 42/48 | €12,117 | €840 | -€11,277 | -93.1% |
| Financial debts | 43 | €302 | €599 | +€297 | +98.6% |
| Credit institutions | 430/8 | €302 | €599 | +€297 | +98.6% |
| Taxes, remuneration and social security | 45 | €3 | €3 | = | 0.0% |
| Taxes | 450/3 | €3 | €3 | = | 0.0% |
| Other amounts payable | 47/48 | €11,812 | €238 | -€11,574 | -98.0% |
| Turnover | 70 | €1,200 | €1,400 | +€200 | +16.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €8,166 | €7,106 | -€1,060 | -13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95 | €288 | +€193 | +202% |
| Other operating charges | 640/8 | €657 | €371 | -€285 | -43.5% |
| Gross operating margin | 9900 | -€6,966 | -€5,706 | +€1,260 | +18.1% |
| Operating profit (loss) | 9901 | -€7,718 | -€6,366 | +€1,352 | +17.5% |
| Financial income | 75/76B | €1,320 | €880 | -€440 | -33.3% |
| Recurring financial income | 75 | €1,320 | €880 | -€440 | -33.3% |
| Financial charges | 65/66B | €240 | €300 | +€60 | +25.0% |
| Recurring financial charges | 65 | €240 | €300 | +€60 | +25.0% |
| Profit (loss) for the period before taxes | 9903 | -€6,638 | -€5,786 | +€852 | +12.8% |
| Profit (loss) for the period | 9904 | -€6,638 | -€5,786 | +€852 | +12.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,638 | -€5,786 | +€852 | +12.8% |
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 21 October 2026 via checked.be.