JANAKIN: what changed
Two fiscal 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.
JANAKIN
Largest movements
- Cash -€30,796
down €30,796 (-29.6%), from €104,172 to €73,376
mainly Other debts (-€49,605) and Receivables within one year (-€22,178)
- Receivables within one year +€22,178
up €22,178 (+43.2%), from €51,381 to €73,559
of which Trade receivables: +€22,178
- Other debts -€49,605
down €49,605 (-46.2%), from €107,394 to €57,790
- Profit (loss) carried forward +€26,557
up €26,557 (+61.5%), from €43,185 to €69,742
- Trade debts +€19,562
up €19,562 (+4882.6%), from €401 to €19,963
- Tax, wage and social debts -€6,728
down €6,728 (-41.5%), from €16,219 to €9,491
of which Taxes: -€9,228
- Gross operating margin +€9,445
up €9,445 (+23.7%), from €39,920 to €49,365
- Financial charges +€3,054
up €3,054 (+480.1%), from €636 to €3,690
- Other operating charges +€1,184
up €1,184 (+123.5%), from €959 to €2,143
- Depreciation +€800
up €800 (+11.6%), from €6,903 to €7,703
- Taxes +€666
up €666 (+8.6%), from €7,773 to €8,439
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 | €167,699 | €157,486 | -€10,213 | -6.1% |
| Fixed assets | 21/28 | €9,462 | €8,101 | -€1,361 | -14.4% |
| Tangible fixed assets | 22/27 | €9,462 | €8,101 | -€1,361 | -14.4% |
| Furniture and vehicles | 24 | €9,462 | €8,101 | -€1,361 | -14.4% |
| Current assets | 29/58 | €158,237 | €149,385 | -€8,852 | -5.6% |
| Amounts receivable within one year | 40/41 | €51,381 | €73,559 | +€22,178 | +43.2% |
| Trade receivables | 40 | €43,910 | €66,087 | +€22,178 | +50.5% |
| Other amounts receivable | 41 | €7,471 | €7,471 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €104,172 | €73,376 | -€30,796 | -29.6% |
| Deferred charges and accrued income | 490/1 | €2,683 | €2,450 | -€233 | -8.7% |
| Total equity and liabilities | 10/49 | €167,699 | €157,486 | -€10,213 | -6.1% |
| Equity | 10/15 | €43,685 | €70,242 | +€26,557 | +60.8% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,185 | €69,742 | +€26,557 | +61.5% |
| Amounts payable | 17/49 | €124,013 | €87,243 | -€36,770 | -29.7% |
| Amounts payable within one year | 42/48 | €124,013 | €87,243 | -€36,770 | -29.7% |
| Trade debts | 44 | €401 | €19,963 | +€19,562 | +4882.6% |
| Suppliers | 440/4 | €401 | €19,963 | +€19,562 | +4882.6% |
| Taxes, remuneration and social security | 45 | €16,219 | €9,491 | -€6,728 | -41.5% |
| Taxes | 450/3 | €16,219 | €6,991 | -€9,228 | -56.9% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Other amounts payable | 47/48 | €107,394 | €57,790 | -€49,605 | -46.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,903 | €7,703 | +€800 | +11.6% |
| Other operating charges | 640/8 | €959 | €2,143 | +€1,184 | +123.5% |
| Gross operating margin | 9900 | €39,920 | €49,365 | +€9,445 | +23.7% |
| Operating profit (loss) | 9901 | €32,058 | €39,520 | +€7,461 | +23.3% |
| Financial charges | 65/66B | €636 | €3,690 | +€3,054 | +480.1% |
| Recurring financial charges | 65 | €636 | €3,690 | +€3,054 | +480.1% |
| Profit (loss) for the period before taxes | 9903 | €31,422 | €35,829 | +€4,407 | +14.0% |
| Income taxes | 67/77 | €7,773 | €8,439 | +€666 | +8.6% |
| Profit (loss) for the period | 9904 | €23,650 | €27,390 | +€3,741 | +15.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,650 | €27,390 | +€3,741 | +15.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.