JANEIRO.BE: 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.
JANEIRO.BE
Largest movements
- Receivables within one year +€48,369
up €48,369 (+82.2%), from €58,879 to €107,248
of which Other amounts receivable: +€34,296
- Cash +€35,193
up €35,193 (+116.2%), from €30,288 to €65,481
mainly Net result for the year (+€51,170) and Advances received (+€42,343)
- Tangible fixed assets -€6,099
down €6,099 (-29.0%), from €21,017 to €14,918
of which Furniture and vehicles: -€5,313
- Receivables after one year +€3,774
up €3,774 (+2.3%), from €161,740 to €165,514
- Reserves +€51,170
up €51,170 (+58.0%), from €88,277 to €139,447
of which Distributable reserves: +€51,170
- Advances received +€42,343
new in 2025: €42,343
- Trade debts -€23,369
down €23,369 (-48.8%), from €47,893 to €24,525
- Tax, wage and social debts +€14,095
up €14,095 (+274.5%), from €5,135 to €19,230
- Gross operating margin +€32,416
up €32,416 (+65.3%), from €49,623 to €82,039
- Taxes +€26,605
up €26,605 (+1343.9%), from €1,980 to €28,584
- Other operating charges -€2,737
down €2,737 (-79.0%), from €3,464 to €728
- Financial income +€1,960
up €1,960 (+49.6%), from €3,950 to €5,910
- Depreciation +€1,903
up €1,903 (+45.4%), from €4,195 to €6,099
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 | €276,849 | €358,305 | +€81,456 | +29.4% |
| Fixed assets | 21/28 | €25,941 | €19,843 | -€6,099 | -23.5% |
| Tangible fixed assets | 22/27 | €21,017 | €14,918 | -€6,099 | -29.0% |
| Plant, machinery and equipment | 23 | €7,754 | €6,968 | -€786 | -10.1% |
| Furniture and vehicles | 24 | €13,263 | €7,951 | -€5,313 | -40.1% |
| Financial fixed assets | 28 | €4,924 | €4,924 | = | 0.0% |
| Current assets | 29/58 | €250,907 | €338,462 | +€87,555 | +34.9% |
| Amounts receivable after more than one year | 29 | €161,740 | €165,514 | +€3,774 | +2.3% |
| Other amounts receivable | 291 | €161,740 | €165,514 | +€3,774 | +2.3% |
| Amounts receivable within one year | 40/41 | €58,879 | €107,248 | +€48,369 | +82.2% |
| Trade receivables | 40 | €52,341 | €66,414 | +€14,073 | +26.9% |
| Other amounts receivable | 41 | €6,538 | €40,835 | +€34,296 | +524.5% |
| Cash at bank and in hand | 54/58 | €30,288 | €65,481 | +€35,193 | +116.2% |
| Deferred charges and accrued income | 490/1 | - | €219 | +€219 | |
| Total equity and liabilities | 10/49 | €276,849 | €358,305 | +€81,456 | +29.4% |
| Equity | 10/15 | €220,638 | €271,807 | +€51,170 | +23.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €88,277 | €139,447 | +€51,170 | +58.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €86,417 | €137,587 | +€51,170 | +59.2% |
| Profit (loss) carried forward | 14 | €126,160 | €126,160 | = | 0.0% |
| Amounts payable | 17/49 | €56,211 | €86,497 | +€30,286 | +53.9% |
| Amounts payable within one year | 42/48 | €55,824 | €86,098 | +€30,274 | +54.2% |
| Current portion of amounts payable after more than one year | 42 | €2,795 | - | -€2,795 | |
| Trade debts | 44 | €47,893 | €24,525 | -€23,369 | -48.8% |
| Suppliers | 440/4 | €47,893 | €24,525 | -€23,369 | -48.8% |
| Advances received on contracts in progress | 46 | - | €42,343 | +€42,343 | |
| Taxes, remuneration and social security | 45 | €5,135 | €19,230 | +€14,095 | +274.5% |
| Taxes | 450/3 | €5,135 | €19,230 | +€14,095 | +274.5% |
| Accrued charges and deferred income | 492/3 | €387 | €400 | +€12 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,195 | €6,099 | +€1,903 | +45.4% |
| Other operating charges | 640/8 | €3,464 | €728 | -€2,737 | -79.0% |
| Gross operating margin | 9900 | €49,623 | €82,039 | +€32,416 | +65.3% |
| Operating profit (loss) | 9901 | €41,963 | €75,213 | +€33,249 | +79.2% |
| Financial income | 75/76B | €3,950 | €5,910 | +€1,960 | +49.6% |
| Recurring financial income | 75 | €3,950 | €5,910 | +€1,960 | +49.6% |
| Financial charges | 65/66B | €989 | €1,369 | +€380 | +38.4% |
| Recurring financial charges | 65 | €989 | €1,369 | +€380 | +38.4% |
| Profit (loss) for the period before taxes | 9903 | €44,924 | €79,754 | +€34,830 | +77.5% |
| Income taxes | 67/77 | €1,980 | €28,584 | +€26,605 | +1343.9% |
| Profit (loss) for the period | 9904 | €42,944 | €51,170 | +€8,225 | +19.2% |
| Profit (loss) for the period to be appropriated | 9905 | €42,944 | €51,170 | +€8,225 | +19.2% |
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 11 October 2026 via checked.be.