JANARBIS: 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.
JANARBIS
Largest movements
- Receivables within one year +€156,257
up €156,257 (+435.7%), from €35,867 to €192,124
of which Other amounts receivable: +€149,670
- Tangible fixed assets -€152,235
down €152,235 (-39.1%), from €389,573 to €237,337
of which Other tangible fixed assets: -€125,000
- Short-term financial debts +€20,592
up €20,592 (+1279.3%), from €1,610 to €22,202
- Current portion of long-term debt -€17,773
down €17,773 (-100.0%), from €17,773 to €0
- Reserves +€7,298
up €7,298 (+4.2%), from €172,200 to €179,498
of which Distributable reserves: +€7,298
- Write-downs +€46,327
up €46,327, from -€46,327 to €0
- Gross operating margin +€24,846
up €24,846 (+128.6%), from €19,314 to €44,160
- Taxes -€5,453
down €5,453 (-50.9%), from €10,724 to €5,270
- Financial income +€2,830
up €2,830 (+47.1%), from €6,006 to €8,836
- Depreciation -€1,322
down €1,322 (-3.5%), from €37,393 to €36,071
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 | €542,501 | €552,785 | +€10,284 | +1.9% |
| Fixed assets | 21/28 | €389,915 | €237,680 | -€152,235 | -39.0% |
| Tangible fixed assets | 22/27 | €389,573 | €237,337 | -€152,235 | -39.1% |
| Land and buildings | 22 | €242,069 | €221,816 | -€20,253 | -8.4% |
| Plant, machinery and equipment | 23 | €16,093 | €14,092 | -€2,001 | -12.4% |
| Furniture and vehicles | 24 | €6,411 | €1,430 | -€4,981 | -77.7% |
| Other tangible fixed assets | 26 | €125,000 | €0 | -€125,000 | -100.0% |
| Financial fixed assets | 28 | €342 | €342 | = | 0.0% |
| Current assets | 29/58 | €152,587 | €315,105 | +€162,519 | +106.5% |
| Amounts receivable after more than one year | 29 | €51,300 | €51,300 | = | 0.0% |
| Other amounts receivable | 291 | €51,300 | €51,300 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €35,867 | €192,124 | +€156,257 | +435.7% |
| Trade receivables | 40 | €111 | €6,698 | +€6,587 | +5936.5% |
| Other amounts receivable | 41 | €35,756 | €185,427 | +€149,670 | +418.6% |
| Current investments | 50/53 | €63,202 | €67,872 | +€4,670 | +7.4% |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Deferred charges and accrued income | 490/1 | €2,217 | €3,810 | +€1,592 | +71.8% |
| Total equity and liabilities | 10/49 | €542,501 | €552,785 | +€10,284 | +1.9% |
| Equity | 10/15 | €272,491 | €279,789 | +€7,298 | +2.7% |
| Contributions | 10/11 | €98,725 | €98,725 | = | 0.0% |
| Reserves | 13 | €172,200 | €179,498 | +€7,298 | +4.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €172,200 | €179,498 | +€7,298 | +4.2% |
| Profit (loss) carried forward | 14 | €1,566 | €1,566 | = | 0.0% |
| Provisions and deferred taxes | 16 | €243,344 | €243,344 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €243,344 | €243,344 | = | 0.0% |
| Pensions and similar obligations | 160 | €243,344 | €243,344 | = | 0.0% |
| Amounts payable | 17/49 | €26,666 | €29,652 | +€2,985 | +11.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €26,666 | €29,652 | +€2,985 | +11.2% |
| Current portion of amounts payable after more than one year | 42 | €17,773 | €0 | -€17,773 | -100.0% |
| Financial debts | 43 | €1,610 | €22,202 | +€20,592 | +1279.3% |
| Credit institutions | 430/8 | €1,610 | €22,202 | +€20,592 | +1279.3% |
| Trade debts | 44 | €2,843 | €3,008 | +€166 | +5.8% |
| Suppliers | 440/4 | €2,843 | €3,008 | +€166 | +5.8% |
| Taxes, remuneration and social security | 45 | €4,442 | €4,442 | = | 0.0% |
| Taxes | 450/3 | €4,442 | €4,442 | = | 0.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,393 | €36,071 | -€1,322 | -3.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€46,327 | €0 | +€46,327 | |
| Other operating charges | 640/8 | €2,371 | €2,309 | -€62 | -2.6% |
| Gross operating margin | 9900 | €19,314 | €44,160 | +€24,846 | +128.6% |
| Operating profit (loss) | 9901 | €25,876 | €5,780 | -€20,096 | -77.7% |
| Financial income | 75/76B | €6,006 | €8,836 | +€2,830 | +47.1% |
| Recurring financial income | 75 | €6,006 | €8,836 | +€2,830 | +47.1% |
| Financial charges | 65/66B | €2,380 | €2,047 | -€332 | -14.0% |
| Recurring financial charges | 65 | €2,380 | €2,047 | -€332 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | €29,502 | €12,569 | -€16,934 | -57.4% |
| Income taxes | 67/77 | €10,724 | €5,270 | -€5,453 | -50.9% |
| Profit (loss) for the period | 9904 | €18,779 | €7,298 | -€11,480 | -61.1% |
| Profit (loss) for the period to be appropriated | 9905 | €18,779 | €7,298 | -€11,480 | -61.1% |
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 2 October 2026 via checked.be.