JANEL: 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.
JANEL
Largest movements
- Receivables within one year -€30,545
down €30,545 (-82.5%), from €37,038 to €6,493
of which Other amounts receivable: -€28,395
- Current investments +€28,338
new in 2025: €28,338
- Tangible fixed assets -€5,514
down €5,514 (-96.4%), from €5,718 to €203
of which Furniture and vehicles: -€4,706
- Cash -€1,544
down €1,544 (-17.5%), from €8,827 to €7,283
mainly Current investments (-€28,338) and Trade debts (-€4,474)
- Trade debts -€4,474
down €4,474 (-80.9%), from €5,528 to €1,053
- Debts after one year -€2,848
no longer reported in 2025 (was €2,848)
- Profit (loss) carried forward -€1,678
down €1,678 (-13.0%), from €12,919 to €11,241
- Turnover +€19,330
new in 2025: €19,330
- Purchases and services +€13,308
new in 2025: €13,308
- Gross operating margin +€10,875
up €10,875, from -€4,853 to €6,022
- Depreciation +€5,514
new in 2025: €5,514
- Other operating charges +€519
new in 2025: €519
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 | €51,659 | €42,613 | -€9,046 | -17.5% |
| Fixed assets | 21/28 | €5,794 | €279 | -€5,514 | -95.2% |
| Tangible fixed assets | 22/27 | €5,718 | €203 | -€5,514 | -96.4% |
| Plant, machinery and equipment | 23 | €808 | - | -€808 | |
| Furniture and vehicles | 24 | €4,910 | €203 | -€4,706 | -95.9% |
| Financial fixed assets | 28 | €76 | €76 | = | 0.0% |
| Current assets | 29/58 | €45,866 | €42,334 | -€3,532 | -7.7% |
| Amounts receivable within one year | 40/41 | €37,038 | €6,493 | -€30,545 | -82.5% |
| Trade receivables | 40 | €8,643 | €6,493 | -€2,150 | -24.9% |
| Other amounts receivable | 41 | €28,395 | - | -€28,395 | |
| Current investments | 50/53 | - | €28,338 | +€28,338 | |
| Cash at bank and in hand | 54/58 | €8,827 | €7,283 | -€1,544 | -17.5% |
| Deferred charges and accrued income | 490/1 | - | €220 | +€220 | |
| Total equity and liabilities | 10/49 | €51,659 | €42,613 | -€9,046 | -17.5% |
| Equity | 10/15 | €43,238 | €41,560 | -€1,678 | -3.9% |
| Contributions | 10/11 | €6,510 | €6,510 | = | 0.0% |
| Reserves | 13 | €23,809 | €23,809 | = | 0.0% |
| 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 | €21,949 | €21,949 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,919 | €11,241 | -€1,678 | -13.0% |
| Amounts payable | 17/49 | €8,421 | €1,053 | -€7,368 | -87.5% |
| Amounts payable after more than one year | 17 | €2,848 | - | -€2,848 | |
| Financial debts | 170/4 | €2,848 | - | -€2,848 | |
| Amounts payable within one year | 42/48 | €5,573 | €1,053 | -€4,520 | -81.1% |
| Trade debts | 44 | €5,528 | €1,053 | -€4,474 | -80.9% |
| Suppliers | 440/4 | €5,528 | €1,053 | -€4,474 | -80.9% |
| Other amounts payable | 47/48 | €46 | - | -€46 | |
| Turnover | 70 | - | €19,330 | +€19,330 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €13,308 | +€13,308 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,514 | +€5,514 | |
| Other operating charges | 640/8 | - | €519 | +€519 | |
| Gross operating margin | 9900 | -€4,853 | €6,022 | +€10,875 | |
| Operating profit (loss) | 9901 | -€4,853 | -€11 | +€4,842 | +99.8% |
| Financial charges | 65/66B | €1,026 | €713 | -€313 | -30.5% |
| Recurring financial charges | 65 | €1,026 | €713 | -€313 | -30.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,879 | -€724 | +€5,155 | +87.7% |
| Income taxes | 67/77 | €555 | €954 | +€399 | +72.0% |
| Profit (loss) for the period | 9904 | -€6,433 | -€1,678 | +€4,755 | +73.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,433 | -€1,678 | +€4,755 | +73.9% |
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 10 October 2026 via checked.be.