JANA MR: 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.
JANA MR
Largest movements
- Financial fixed assets +€1.7m
new in 2025: €1.7m
- Cash +€48,946
up €48,946 (+984%), from €4,975 to €53,921
mainly Debts after one year (+€1.4m) and Other debts (+€188,248)
- Debts after one year +€1.4m
up €1.4m (+42,457%), from €3,396 to €1.4m
- Other debts +€188,248
up €188,248 (+1,330%), from €14,157 to €202,405
- Profit (loss) carried forward +€66,279
up €66,279 (+3,475%), from €1,907 to €68,186
- Current portion of long-term debt +€52,568
up €52,568 (+784%), from €6,701 to €59,270
- Gross operating margin +€79,837
up €79,837 (+299%), from €26,681 to €106,519
- Taxes +€16,028
up €16,028 (+347%), from €4,622 to €20,650
- Other operating charges +€12,762
up €12,762 (+1,137%), from €1,122 to €13,883
- Depreciation -€6,579
down €6,579 (-88.5%), from €7,437 to €858
- Financial charges +€4,299
up €4,299 (+782%), from €550 to €4,849
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 | €62,073 | €1,826,113 | +€1.8m | +2,842% |
| Fixed assets | 21/28 | €11,270 | €1,713,135 | +€1.7m | +15,101% |
| Tangible fixed assets | 22/27 | €11,270 | €635 | -€10,635 | -94.4% |
| Furniture and vehicles | 24 | €11,270 | €635 | -€10,635 | -94.4% |
| Financial fixed assets | 28 | - | €1,712,500 | +€1.7m | |
| Current assets | 29/58 | €50,803 | €112,978 | +€62,175 | +122% |
| Amounts receivable within one year | 40/41 | €44,703 | €52,234 | +€7,531 | +16.8% |
| Trade receivables | 40 | €39,325 | €37,052 | -€2,273 | -5.8% |
| Other amounts receivable | 41 | €5,378 | €15,182 | +€9,804 | +182% |
| Cash at bank and in hand | 54/58 | €4,975 | €53,921 | +€48,946 | +984% |
| Deferred charges and accrued income | 490/1 | €1,125 | €6,823 | +€5,698 | +506% |
| Total equity and liabilities | 10/49 | €62,073 | €1,826,113 | +€1.8m | +2,842% |
| Equity | 10/15 | €22,607 | €88,886 | +€66,279 | +293% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €18,200 | €18,200 | = | 0.0% |
| Distributable reserves | 133 | €18,200 | €18,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,907 | €68,186 | +€66,279 | +3,475% |
| Amounts payable | 17/49 | €39,465 | €1,737,227 | +€1.7m | +4,302% |
| Amounts payable after more than one year | 17 | €3,396 | €1,445,138 | +€1.4m | +42,457% |
| Financial debts | 170/4 | €3,396 | €1,445,138 | +€1.4m | +42,457% |
| Amounts payable within one year | 42/48 | €35,570 | €292,089 | +€256,520 | +721% |
| Current portion of amounts payable after more than one year | 42 | €6,701 | €59,270 | +€52,568 | +784% |
| Trade debts | 44 | - | €4,252 | +€4,252 | |
| Suppliers | 440/4 | - | €4,252 | +€4,252 | |
| Taxes, remuneration and social security | 45 | €14,712 | €26,163 | +€11,451 | +77.8% |
| Taxes | 450/3 | €12,952 | €26,163 | +€13,211 | +102% |
| Remuneration and social security | 454/9 | €1,760 | - | -€1,760 | |
| Other amounts payable | 47/48 | €14,157 | €202,405 | +€188,248 | +1,330% |
| Accrued charges and deferred income | 492/3 | €500 | - | -€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,437 | €858 | -€6,579 | -88.5% |
| Other operating charges | 640/8 | €1,122 | €13,883 | +€12,762 | +1,137% |
| Gross operating margin | 9900 | €26,681 | €106,519 | +€79,837 | +299% |
| Operating profit (loss) | 9901 | €18,123 | €91,778 | +€73,655 | +406% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €550 | €4,849 | +€4,299 | +782% |
| Recurring financial charges | 65 | €550 | €4,849 | +€4,299 | +782% |
| Profit (loss) for the period before taxes | 9903 | €17,573 | €86,929 | +€69,356 | +395% |
| Income taxes | 67/77 | €4,622 | €20,650 | +€16,028 | +347% |
| Profit (loss) for the period | 9904 | €12,951 | €66,279 | +€53,328 | +412% |
| Profit (loss) for the period to be appropriated | 9905 | €12,951 | €66,279 | +€53,328 | +412% |
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 13 October 2026 via checked.be.