JANHOUT: 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.
JANHOUT
Largest movements
- Current investments -€200,000
down €200,000 (-100%), from €200,000 to €0
- Cash +€143,494
up €143,494 (+90.1%), from €159,250 to €302,744
mainly Current investments (+€200,000) and Net result for the year (+€169,406)
- Receivables within one year +€59,173
up €59,173 (+26.2%), from €225,804 to €284,977
of which Other amounts receivable: +€87,535
- Reserves +€44,561
up €44,561 (+4.1%), from €1.1m to €1.1m
of which Distributable reserves: +€44,561
- Other debts -€26,839
down €26,839 (-83.0%), from €32,319 to €5,480
- Gross operating margin -€12,505
down €12,505 (-4.8%), from €258,302 to €245,797
- Taxes -€5,228
down €5,228 (-6.5%), from €80,028 to €74,800
- Financial income -€3,387
down €3,387 (-45.4%), from €7,464 to €4,077
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 | €1,263,766 | €1,276,205 | +€12,438 | +1.0% |
| Fixed assets | 21/28 | €675,810 | €685,578 | +€9,768 | +1.4% |
| Tangible fixed assets | 22/27 | €9,175 | €18,943 | +€9,768 | +106% |
| Plant, machinery and equipment | 23 | €3,959 | €3,435 | -€524 | -13.2% |
| Furniture and vehicles | 24 | €5,216 | €15,508 | +€10,292 | +197% |
| Financial fixed assets | 28 | €666,635 | €666,635 | = | 0.0% |
| Current assets | 29/58 | €587,957 | €590,627 | +€2,670 | +0.5% |
| Amounts receivable within one year | 40/41 | €225,804 | €284,977 | +€59,173 | +26.2% |
| Trade receivables | 40 | €225,804 | €197,442 | -€28,362 | -12.6% |
| Other amounts receivable | 41 | €0 | €87,535 | +€87,535 | |
| Current investments | 50/53 | €200,000 | €0 | -€200,000 | -100% |
| Cash at bank and in hand | 54/58 | €159,250 | €302,744 | +€143,494 | +90.1% |
| Deferred charges and accrued income | 490/1 | €2,903 | €2,905 | +€2 | +0.1% |
| Total equity and liabilities | 10/49 | €1,263,766 | €1,276,205 | +€12,438 | +1.0% |
| Equity | 10/15 | €1,156,729 | €1,201,291 | +€44,561 | +3.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,094,729 | €1,139,291 | +€44,561 | +4.1% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €1,088,529 | €1,133,091 | +€44,561 | +4.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €107,037 | €74,914 | -€32,123 | -30.0% |
| Amounts payable within one year | 42/48 | €106,859 | €74,489 | -€32,370 | -30.3% |
| Trade debts | 44 | €2,015 | €4,110 | +€2,095 | +104% |
| Suppliers | 440/4 | €2,015 | €4,110 | +€2,095 | +104% |
| Taxes, remuneration and social security | 45 | €72,525 | €64,900 | -€7,626 | -10.5% |
| Taxes | 450/3 | €72,525 | €60,891 | -€11,634 | -16.0% |
| Remuneration and social security | 454/9 | €0 | €4,008 | +€4,008 | |
| Other amounts payable | 47/48 | €32,319 | €5,480 | -€26,839 | -83.0% |
| Accrued charges and deferred income | 492/3 | €179 | €425 | +€246 | +138% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,828 | €3,161 | +€333 | +11.8% |
| Other operating charges | 640/8 | €2,234 | €2,083 | -€151 | -6.8% |
| Non-recurring operating charges | 66A | €126 | €127 | +€0 | +0.3% |
| Gross operating margin | 9900 | €258,302 | €245,797 | -€12,505 | -4.8% |
| Operating profit (loss) | 9901 | €253,114 | €240,427 | -€12,687 | -5.0% |
| Financial income | 75/76B | €7,464 | €4,077 | -€3,387 | -45.4% |
| Recurring financial income | 75 | €7,464 | €4,077 | -€3,387 | -45.4% |
| Financial charges | 65/66B | €705 | €299 | -€407 | -57.7% |
| Recurring financial charges | 65 | €705 | €299 | -€407 | -57.7% |
| Profit (loss) for the period before taxes | 9903 | €259,873 | €244,205 | -€15,667 | -6.0% |
| Income taxes | 67/77 | €80,028 | €74,800 | -€5,228 | -6.5% |
| Profit (loss) for the period | 9904 | €179,845 | €169,406 | -€10,439 | -5.8% |
| Profit (loss) for the period to be appropriated | 9905 | €179,845 | €169,406 | -€10,439 | -5.8% |
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 16 October 2026 via checked.be.