JANICO: 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.
JANICO
Largest movements
- Tangible fixed assets +€47,002
up €47,002 (+20.6%), from €228,167 to €275,169
of which Land and buildings: +€47,948
- Current investments -€25,000
down €25,000 (-25.0%), from €100,000 to €75,000
- Cash -€16,894
down €16,894 (-23.5%), from €72,006 to €55,111
mainly Investment in fixed assets (net) (-€66,387) and Other debts (-€45,860)
- Other debts -€45,860
down €45,860 (-78.3%), from €58,560 to €12,700
- Reserves +€45,761
up €45,761 (+16.3%), from €280,433 to €326,194
of which Distributable reserves: +€45,761
- Gross operating margin +€7,417
up €7,417 (+8.8%), from €84,365 to €91,782
- Depreciation +€2,995
up €2,995 (+18.3%), from €16,391 to €19,386
- Financial income +€2,780
new in 2025: €2,780
- Taxes +€2,168
up €2,168 (+11.3%), from €19,187 to €21,355
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 | €407,140 | €407,520 | +€380 | +0.1% |
| Fixed assets | 21/28 | €228,167 | €275,169 | +€47,002 | +20.6% |
| Tangible fixed assets | 22/27 | €228,167 | €275,169 | +€47,002 | +20.6% |
| Land and buildings | 22 | €226,726 | €274,674 | +€47,948 | +21.1% |
| Plant, machinery and equipment | 23 | €562 | €251 | -€311 | -55.3% |
| Furniture and vehicles | 24 | €880 | €244 | -€635 | -72.2% |
| Current assets | 29/58 | €178,973 | €132,351 | -€46,621 | -26.0% |
| Amounts receivable within one year | 40/41 | €2,410 | €1,055 | -€1,355 | -56.2% |
| Other amounts receivable | 41 | €2,410 | €1,055 | -€1,355 | -56.2% |
| Current investments | 50/53 | €100,000 | €75,000 | -€25,000 | -25.0% |
| Cash at bank and in hand | 54/58 | €72,006 | €55,111 | -€16,894 | -23.5% |
| Deferred charges and accrued income | 490/1 | €4,557 | €1,185 | -€3,373 | -74.0% |
| Total equity and liabilities | 10/49 | €407,140 | €407,520 | +€380 | +0.1% |
| Equity | 10/15 | €341,933 | €387,694 | +€45,761 | +13.4% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €280,433 | €326,194 | +€45,761 | +16.3% |
| Non-distributable reserves | 130/1 | €10,840 | €10,840 | = | 0.0% |
| Legal reserve | 130 | €10,840 | €10,840 | = | 0.0% |
| Distributable reserves | 133 | €269,593 | €315,354 | +€45,761 | +17.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €65,207 | €19,826 | -€45,381 | -69.6% |
| Amounts payable within one year | 42/48 | €63,907 | €18,526 | -€45,381 | -71.0% |
| Trade debts | 44 | €1,250 | €1,250 | = | 0.0% |
| Suppliers | 440/4 | €1,250 | €1,250 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €4,097 | €4,576 | +€480 | +11.7% |
| Taxes | 450/3 | €4,097 | €4,576 | +€480 | +11.7% |
| Other amounts payable | 47/48 | €58,560 | €12,700 | -€45,860 | -78.3% |
| Accrued charges and deferred income | 492/3 | €1,300 | €1,300 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,391 | €19,386 | +€2,995 | +18.3% |
| Other operating charges | 640/8 | €7,685 | €7,910 | +€225 | +2.9% |
| Gross operating margin | 9900 | €84,365 | €91,782 | +€7,417 | +8.8% |
| Operating profit (loss) | 9901 | €60,289 | €64,486 | +€4,197 | +7.0% |
| Financial income | 75/76B | - | €2,780 | +€2,780 | |
| Recurring financial income | 75 | - | €2,780 | +€2,780 | |
| Financial charges | 65/66B | €136 | €150 | +€14 | +10.1% |
| Recurring financial charges | 65 | €136 | €150 | +€14 | +10.1% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €60,153 | €67,116 | +€6,963 | +11.6% |
| Income taxes | 67/77 | €19,187 | €21,355 | +€2,168 | +11.3% |
| Profit (loss) for the period | 9904 | €40,966 | €45,761 | +€4,795 | +11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €40,966 | €45,761 | +€4,795 | +11.7% |
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 6 October 2026 via checked.be.