JANE: 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.
JANE
Largest movements
- Receivables within one year +€26,890
up €26,890 (+108.7%), from €24,732 to €51,622
of which Other amounts receivable: +€23,965
- Tangible fixed assets +€19,843
up €19,843 (+343.7%), from €5,773 to €25,616
- Cash +€2,756
up €2,756 (+70.7%), from €3,899 to €6,656
mainly Net result for the year (+€20,846) and Trade debts (+€20,494)
- Stocks and contracts -€1,641
down €1,641 (-29.0%), from €5,655 to €4,014
- Reserves +€20,846
up €20,846 (+90.1%), from €23,141 to €43,987
- Trade debts +€20,494
up €20,494 (+491.5%), from €4,170 to €24,664
- Tax, wage and social debts +€5,580
up €5,580 (+40.2%), from €13,881 to €19,461
- Gross operating margin -€3,737
down €3,737 (-11.3%), from €33,138 to €29,400
- Financial income +€1,280
up €1,280 (+153.1%), from €836 to €2,116
- Depreciation +€571
up €571 (+32.4%), from €1,764 to €2,335
- Taxes -€547
down €547 (-7.4%), from €7,394 to €6,847
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 | €44,192 | €91,112 | +€46,921 | +106.2% |
| Fixed assets | 21/28 | €9,735 | €28,678 | +€18,943 | +194.6% |
| Intangible fixed assets | 21 | €3,962 | €3,063 | -€900 | -22.7% |
| Tangible fixed assets | 22/27 | €5,773 | €25,616 | +€19,843 | +343.7% |
| Furniture and vehicles | 24 | €5,773 | €25,616 | +€19,843 | +343.7% |
| Current assets | 29/58 | €34,457 | €62,434 | +€27,977 | +81.2% |
| Stocks and contracts in progress | 3 | €5,655 | €4,014 | -€1,641 | -29.0% |
| Stocks | 30/36 | €5,655 | €4,014 | -€1,641 | -29.0% |
| Amounts receivable within one year | 40/41 | €24,732 | €51,622 | +€26,890 | +108.7% |
| Trade receivables | 40 | €4,687 | €7,611 | +€2,925 | +62.4% |
| Other amounts receivable | 41 | €20,046 | €44,011 | +€23,965 | +119.6% |
| Cash at bank and in hand | 54/58 | €3,899 | €6,656 | +€2,756 | +70.7% |
| Deferred charges and accrued income | 490/1 | €170 | €142 | -€28 | -16.3% |
| Total equity and liabilities | 10/49 | €44,192 | €91,112 | +€46,921 | +106.2% |
| Equity | 10/15 | €26,141 | €46,987 | +€20,846 | +79.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €23,141 | €43,987 | +€20,846 | +90.1% |
| Distributable reserves | 133 | €23,141 | €43,987 | +€20,846 | +90.1% |
| Amounts payable | 17/49 | €18,051 | €44,125 | +€26,074 | +144.4% |
| Amounts payable within one year | 42/48 | €18,051 | €44,125 | +€26,074 | +144.4% |
| Trade debts | 44 | €4,170 | €24,664 | +€20,494 | +491.5% |
| Suppliers | 440/4 | €4,170 | €24,664 | +€20,494 | +491.5% |
| Taxes, remuneration and social security | 45 | €13,881 | €19,461 | +€5,580 | +40.2% |
| Taxes | 450/3 | €13,881 | €19,461 | +€5,580 | +40.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,764 | €2,335 | +€571 | +32.4% |
| Other operating charges | 640/8 | €1,351 | €1,115 | -€236 | -17.4% |
| Gross operating margin | 9900 | €33,138 | €29,400 | -€3,737 | -11.3% |
| Operating profit (loss) | 9901 | €30,023 | €25,950 | -€4,073 | -13.6% |
| Financial income | 75/76B | €836 | €2,116 | +€1,280 | +153.1% |
| Recurring financial income | 75 | €836 | €2,116 | +€1,280 | +153.1% |
| Financial charges | 65/66B | €325 | €373 | +€48 | +14.9% |
| Recurring financial charges | 65 | €325 | €373 | +€48 | +14.9% |
| Profit (loss) for the period before taxes | 9903 | €30,535 | €27,694 | -€2,841 | -9.3% |
| Income taxes | 67/77 | €7,394 | €6,847 | -€547 | -7.4% |
| Profit (loss) for the period | 9904 | €23,141 | €20,846 | -€2,294 | -9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €23,141 | €20,846 | -€2,294 | -9.9% |
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 8 October 2026 via checked.be.