JANIRI: 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.
JANIRI
Largest movements
- Tangible fixed assets -€139,977
down €139,977 (-99.1%), from €141,271 to €1,294
- Stocks and contracts -€26,745
down €26,745 (-3.1%), from €853,332 to €826,588
- Cash +€18,674
up €18,674 (+15.4%), from €121,306 to €139,979
mainly Investment in fixed assets (net) (+€139,812) and Short-term financial debts (+€105,875)
- Short-term financial debts +€105,875
up €105,875 (+19.7%), from €537,801 to €643,676
- Other debts -€98,638
down €98,638 (-37.8%), from €261,092 to €162,454
- Trade debts -€97,548
down €97,548 (-97.3%), from €100,284 to €2,736
- Profit (loss) carried forward -€63,058
down €63,058 (-144.5%), from -€43,635 to -€106,693
- Accrued charges and deferred income -€16,603
down €16,603 (-60.8%), from €27,321 to €10,718
- Depreciation -€15,691
down €15,691 (-99.0%), from €15,856 to €165
- Other operating charges -€13,506
down €13,506 (-88.1%), from €15,324 to €1,819
- Gross operating margin -€3,157
down €3,157 (-12.0%), from €26,384 to €23,227
- Financial charges -€817
down €817 (-2.1%), from €38,847 to €38,030
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 | €1,128,474 | €974,361 | -€154,112 | -13.7% |
| Fixed assets | 21/28 | €141,271 | €1,294 | -€139,977 | -99.1% |
| Tangible fixed assets | 22/27 | €141,271 | €1,294 | -€139,977 | -99.1% |
| Furniture and vehicles | 24 | €141,271 | €1,294 | -€139,977 | -99.1% |
| Current assets | 29/58 | €987,202 | €973,067 | -€14,135 | -1.4% |
| Stocks and contracts in progress | 3 | €853,332 | €826,588 | -€26,745 | -3.1% |
| Stocks | 30/36 | €853,332 | €826,588 | -€26,745 | -3.1% |
| Amounts receivable within one year | 40/41 | €10,840 | €6,500 | -€4,340 | -40.0% |
| Trade receivables | 40 | €2,943 | - | -€2,943 | |
| Other amounts receivable | 41 | €7,897 | €6,500 | -€1,397 | -17.7% |
| Cash at bank and in hand | 54/58 | €121,306 | €139,979 | +€18,674 | +15.4% |
| Deferred charges and accrued income | 490/1 | €1,725 | - | -€1,725 | |
| Total equity and liabilities | 10/49 | €1,128,474 | €974,361 | -€154,112 | -13.7% |
| Equity | 10/15 | €201,790 | €138,732 | -€63,058 | -31.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €226,825 | €226,825 | = | 0.0% |
| Distributable reserves | 133 | €226,825 | €226,825 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,635 | -€106,693 | -€63,058 | -144.5% |
| Amounts payable | 17/49 | €926,684 | €835,629 | -€91,054 | -9.8% |
| Amounts payable within one year | 42/48 | €899,363 | €824,912 | -€74,451 | -8.3% |
| Financial debts | 43 | €537,801 | €643,676 | +€105,875 | +19.7% |
| Credit institutions | 430/8 | €537,801 | €643,676 | +€105,875 | +19.7% |
| Trade debts | 44 | €100,284 | €2,736 | -€97,548 | -97.3% |
| Suppliers | 440/4 | €100,284 | €2,736 | -€97,548 | -97.3% |
| Taxes, remuneration and social security | 45 | €186 | €16,046 | +€15,860 | +8514.3% |
| Taxes | 450/3 | €186 | €16,046 | +€15,860 | +8514.3% |
| Other amounts payable | 47/48 | €261,092 | €162,454 | -€98,638 | -37.8% |
| Accrued charges and deferred income | 492/3 | €27,321 | €10,718 | -€16,603 | -60.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,856 | €165 | -€15,691 | -99.0% |
| Other operating charges | 640/8 | €15,324 | €1,819 | -€13,506 | -88.1% |
| Non-recurring operating charges | 66A | - | €46,271 | +€46,271 | |
| Gross operating margin | 9900 | €26,384 | €23,227 | -€3,157 | -12.0% |
| Operating profit (loss) | 9901 | -€4,797 | -€25,028 | -€20,232 | -421.8% |
| Financial income | 75/76B | €9 | €1 | -€9 | -94.5% |
| Recurring financial income | 75 | €9 | €1 | -€9 | -94.5% |
| Financial charges | 65/66B | €38,847 | €38,030 | -€817 | -2.1% |
| Recurring financial charges | 65 | €38,847 | €38,030 | -€817 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | -€43,635 | -€63,058 | -€19,423 | -44.5% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€43,635 | -€63,058 | -€19,423 | -44.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,635 | -€63,058 | -€19,423 | -44.5% |
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.