JANEKO: 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.
JANEKO
Largest movements
- Stocks and contracts -€40,011
down €40,011 (-10.9%), from €368,704 to €328,693
- Tangible fixed assets -€34,491
down €34,491 (-29.4%), from €117,190 to €82,699
of which Furniture and vehicles: -€27,396
- Cash +€18,096
up €18,096 (+44.0%), from €41,086 to €59,182
mainly Net result for the year (+€58,114) and Stocks and contracts (+€40,011)
- Receivables within one year -€16,862
down €16,862 (-50.3%), from €33,492 to €16,630
of which Other amounts receivable: -€20,130
- Short-term financial debts -€100,000
down €100,000 (-100%), from €100,000 to €0
- Profit (loss) carried forward +€58,114
up €58,114 (+49.5%), from -€117,379 to -€59,265
- Debts after one year -€19,402
down €19,402 (-46.5%), from €41,742 to €22,340
- Tax, wage and social debts +€12,809
up €12,809 (+353%), from €3,628 to €16,436
of which Taxes: +€11,384
- Other debts -€11,886
down €11,886 (-9.9%), from €120,657 to €108,771
- Gross operating margin +€80,320
up €80,320 (+95.9%), from €83,719 to €164,038
- Taxes +€20,865
up €20,865 (+4,032%), from €518 to €21,383
- Depreciation +€7,627
up €7,627 (+28.4%), from €26,864 to €34,491
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.
Derived cash bridge
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 | €569,058 | €493,947 | -€75,111 | -13.2% |
| Fixed assets | 21/28 | €117,865 | €83,374 | -€34,491 | -29.3% |
| Tangible fixed assets | 22/27 | €117,190 | €82,699 | -€34,491 | -29.4% |
| Plant, machinery and equipment | 23 | €23,595 | €18,249 | -€5,346 | -22.7% |
| Furniture and vehicles | 24 | €77,484 | €50,088 | -€27,396 | -35.4% |
| Other tangible fixed assets | 26 | €16,111 | €14,362 | -€1,749 | -10.9% |
| Financial fixed assets | 28 | €675 | €675 | = | 0.0% |
| Current assets | 29/58 | €451,193 | €410,573 | -€40,620 | -9.0% |
| Stocks and contracts in progress | 3 | €368,704 | €328,693 | -€40,011 | -10.9% |
| Stocks | 30/36 | €368,704 | €328,693 | -€40,011 | -10.9% |
| Amounts receivable within one year | 40/41 | €33,492 | €16,630 | -€16,862 | -50.3% |
| Trade receivables | 40 | €10,992 | €14,259 | +€3,268 | +29.7% |
| Other amounts receivable | 41 | €22,500 | €2,370 | -€20,130 | -89.5% |
| Cash at bank and in hand | 54/58 | €41,086 | €59,182 | +€18,096 | +44.0% |
| Deferred charges and accrued income | 490/1 | €7,910 | €6,068 | -€1,842 | -23.3% |
| Total equity and liabilities | 10/49 | €569,058 | €493,947 | -€75,111 | -13.2% |
| Equity | 10/15 | €251,278 | €309,392 | +€58,114 | +23.1% |
| Contributions | 10/11 | €199,600 | €199,600 | = | 0.0% |
| Reserves | 13 | €169,057 | €169,057 | = | 0.0% |
| Distributable reserves | 133 | €169,057 | €169,057 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€117,379 | -€59,265 | +€58,114 | +49.5% |
| Amounts payable | 17/49 | €317,779 | €184,555 | -€133,225 | -41.9% |
| Amounts payable after more than one year | 17 | €41,742 | €22,340 | -€19,402 | -46.5% |
| Financial debts | 170/4 | €41,742 | €22,340 | -€19,402 | -46.5% |
| Amounts payable within one year | 42/48 | €276,037 | €162,214 | -€113,823 | -41.2% |
| Current portion of amounts payable after more than one year | 42 | €28,142 | €24,802 | -€3,340 | -11.9% |
| Financial debts | 43 | €100,000 | €0 | -€100,000 | -100% |
| Credit institutions | 430/8 | €100,000 | €0 | -€100,000 | -100% |
| Trade debts | 44 | €23,611 | €12,205 | -€11,406 | -48.3% |
| Suppliers | 440/4 | €23,611 | €12,205 | -€11,406 | -48.3% |
| Taxes, remuneration and social security | 45 | €3,628 | €16,436 | +€12,809 | +353% |
| Taxes | 450/3 | €19 | €11,403 | +€11,384 | +59,447% |
| Remuneration and social security | 454/9 | €3,609 | €5,033 | +€1,425 | +39.5% |
| Other amounts payable | 47/48 | €120,657 | €108,771 | -€11,886 | -9.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €42,768 | €43,101 | +€333 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,864 | €34,491 | +€7,627 | +28.4% |
| Other operating charges | 640/8 | €2,901 | €2,319 | -€583 | -20.1% |
| Non-recurring operating charges | 66A | €4,543 | €0 | -€4,543 | -100% |
| Gross operating margin | 9900 | €83,719 | €164,038 | +€80,320 | +95.9% |
| Operating profit (loss) | 9901 | €6,641 | €84,128 | +€77,487 | +1,167% |
| Financial income | 75/76B | €117 | €277 | +€160 | +136% |
| Recurring financial income | 75 | €117 | €277 | +€160 | +136% |
| Financial charges | 65/66B | €6,068 | €4,908 | -€1,160 | -19.1% |
| Recurring financial charges | 65 | €6,068 | €4,908 | -€1,160 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €690 | €79,497 | +€78,806 | +11,417% |
| Income taxes | 67/77 | €518 | €21,383 | +€20,865 | +4,032% |
| Profit (loss) for the period | 9904 | €173 | €58,114 | +€57,941 | +33,543% |
| Profit (loss) for the period to be appropriated | 9905 | €173 | €58,114 | +€57,941 | +33,543% |
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 20 October 2026 via checked.be.