JANCO: 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.
JANCO
Largest movements
- Stocks and contracts +€5,312
up €5,312 (+8.5%), from €62,366 to €67,678
- Tangible fixed assets -€2,766
down €2,766 (-44.7%), from €6,189 to €3,423
of which Furniture and vehicles: -€2,191
- Receivables within one year -€1,749
down €1,749 (-81.2%), from €2,155 to €405
of which Trade receivables: -€974
- Cash +€982
up €982 (+12.7%), from €7,751 to €8,734
mainly Net result for the year (+€4,139) and Depreciation (+€2,766)
- Profit (loss) carried forward +€4,139
up €4,139 (+21.2%), from -€19,559 to -€15,420
- Tax, wage and social debts -€2,842
down €2,842 (-70.8%), from €4,013 to €1,171
of which Taxes: -€2,680
- Trade debts +€1,489
up €1,489 (+6.0%), from €24,982 to €26,471
- Other debts -€924
down €924 (-82.1%), from €1,126 to €202
- Write-downs -€7,795
down €7,795 (-100.0%), from €7,795 to €0
- Gross operating margin +€2,466
up €2,466 (+20.1%), from €12,269 to €14,735
- Staff costs -€334
down €334 (-6.4%), from €5,235 to €4,901
- Depreciation +€280
up €280 (+11.3%), from €2,486 to €2,766
- Other operating charges +€151
up €151 (+13.5%), from €1,118 to €1,269
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €84,014 | €85,875 | +€1,861 | +2.2% |
| Fixed assets | 21/28 | €9,763 | €6,996 | -€2,766 | -28.3% |
| Tangible fixed assets | 22/27 | €6,189 | €3,423 | -€2,766 | -44.7% |
| Plant, machinery and equipment | 23 | €2,256 | €1,681 | -€575 | -25.5% |
| Furniture and vehicles | 24 | €3,933 | €1,741 | -€2,191 | -55.7% |
| Financial fixed assets | 28 | €3,574 | €3,574 | = | 0.0% |
| Current assets | 29/58 | €74,252 | €78,879 | +€4,627 | +6.2% |
| Stocks and contracts in progress | 3 | €62,366 | €67,678 | +€5,312 | +8.5% |
| Stocks | 30/36 | €62,366 | €67,678 | +€5,312 | +8.5% |
| Amounts receivable within one year | 40/41 | €2,155 | €405 | -€1,749 | -81.2% |
| Trade receivables | 40 | €974 | €0 | -€974 | -100.0% |
| Other amounts receivable | 41 | €1,181 | €405 | -€775 | -65.7% |
| Cash at bank and in hand | 54/58 | €7,751 | €8,734 | +€982 | +12.7% |
| Deferred charges and accrued income | 490/1 | €1,979 | €2,062 | +€82 | +4.2% |
| Total equity and liabilities | 10/49 | €84,014 | €85,875 | +€1,861 | +2.2% |
| Equity | 10/15 | €893 | €5,031 | +€4,139 | +463.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,559 | -€15,420 | +€4,139 | +21.2% |
| Amounts payable | 17/49 | €83,122 | €80,844 | -€2,278 | -2.7% |
| Amounts payable after more than one year | 17 | €53,000 | €53,000 | = | 0.0% |
| Financial debts | 170/4 | €53,000 | €53,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €30,122 | €27,844 | -€2,278 | -7.6% |
| Trade debts | 44 | €24,982 | €26,471 | +€1,489 | +6.0% |
| Suppliers | 440/4 | €24,982 | €26,471 | +€1,489 | +6.0% |
| Taxes, remuneration and social security | 45 | €4,013 | €1,171 | -€2,842 | -70.8% |
| Taxes | 450/3 | €3,851 | €1,171 | -€2,680 | -69.6% |
| Remuneration and social security | 454/9 | €162 | €0 | -€162 | -100.0% |
| Other amounts payable | 47/48 | €1,126 | €202 | -€924 | -82.1% |
| Non-recurring operating income | 76A | - | €39 | +€39 | |
| Remuneration, social security and pensions | 62 | €5,235 | €4,901 | -€334 | -6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,486 | €2,766 | +€280 | +11.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,795 | €0 | -€7,795 | -100.0% |
| Other operating charges | 640/8 | €1,118 | €1,269 | +€151 | +13.5% |
| Non-recurring operating charges | 66A | €594 | €0 | -€594 | -100.0% |
| Gross operating margin | 9900 | €12,269 | €14,735 | +€2,466 | +20.1% |
| Operating profit (loss) | 9901 | -€4,959 | €5,798 | +€10,757 | |
| Financial income | 75/76B | €315 | €191 | -€124 | -39.4% |
| Recurring financial income | 75 | €315 | €191 | -€124 | -39.4% |
| Financial charges | 65/66B | €1,662 | €1,591 | -€71 | -4.3% |
| Recurring financial charges | 65 | €1,662 | €1,591 | -€71 | -4.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,306 | €4,398 | +€10,704 | |
| Income taxes | 67/77 | €225 | €259 | +€35 | +15.4% |
| Profit (loss) for the period | 9904 | -€6,531 | €4,139 | +€10,669 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,531 | €4,139 | +€10,669 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.