JANMARIK: 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.
JANMARIK
Largest movements
- Tangible fixed assets -€115,617
down €115,617 (-4.7%), from €2.4m to €2.3m
of which Land and buildings: -€109,609
- Cash -€32,327
down €32,327 (-34.3%), from €94,346 to €62,020
mainly Other debts (-€56,163) and Net result for the year (-€31,983)
- Receivables within one year +€26,727
up €26,727 (+9626.0%), from €278 to €27,004
of which Other amounts receivable: +€18,000
- Revaluation surpluses -€146,880
down €146,880 (-9.7%), from €1.5m to €1.4m
- Reserves +€114,897
up €114,897 (+16.2%), from €709,749 to €824,646
of which Distributable reserves: +€114,897
- Other debts -€56,163
down €56,163 (-71.4%), from €78,663 to €22,500
- Purchases and services -€30,501
down €30,501 (-18.1%), from €168,130 to €137,630
- Taxes -€26,152
down €26,152 (-76.6%), from €34,159 to €8,007
- Gross operating margin +€16,186
up €16,186 (+15.2%), from €106,255 to €122,441
- Turnover -€10,928
down €10,928 (-4.1%), from €268,479 to €257,551
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 | €2,534,541 | €2,413,429 | -€121,112 | -4.8% |
| Fixed assets | 21/28 | €2,435,864 | €2,320,247 | -€115,617 | -4.7% |
| Tangible fixed assets | 22/27 | €2,435,864 | €2,320,247 | -€115,617 | -4.7% |
| Land and buildings | 22 | €2,429,856 | €2,320,247 | -€109,609 | -4.5% |
| Plant, machinery and equipment | 23 | €6,009 | - | -€6,009 | |
| Current assets | 29/58 | €98,677 | €93,182 | -€5,495 | -5.6% |
| Amounts receivable within one year | 40/41 | €278 | €27,004 | +€26,727 | +9626.0% |
| Trade receivables | 40 | €278 | €9,004 | +€8,727 | +3143.0% |
| Other amounts receivable | 41 | - | €18,000 | +€18,000 | |
| Cash at bank and in hand | 54/58 | €94,346 | €62,020 | -€32,327 | -34.3% |
| Deferred charges and accrued income | 490/1 | €4,053 | €4,158 | +€105 | +2.6% |
| Total equity and liabilities | 10/49 | €2,534,541 | €2,413,429 | -€121,112 | -4.8% |
| Equity | 10/15 | €2,286,469 | €2,254,486 | -€31,983 | -1.4% |
| 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% |
| Revaluation surpluses | 12 | €1,514,720 | €1,367,840 | -€146,880 | -9.7% |
| Reserves | 13 | €709,749 | €824,646 | +€114,897 | +16.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €703,549 | €818,446 | +€114,897 | +16.3% |
| Amounts payable | 17/49 | €248,072 | €158,943 | -€89,129 | -35.9% |
| Amounts payable after more than one year | 17 | €132,597 | €108,984 | -€23,614 | -17.8% |
| Financial debts | 170/4 | €132,597 | €108,984 | -€23,614 | -17.8% |
| Amounts payable within one year | 42/48 | €111,660 | €48,125 | -€63,535 | -56.9% |
| Current portion of amounts payable after more than one year | 42 | €23,199 | €23,614 | +€415 | +1.8% |
| Trade debts | 44 | €4,329 | €1,046 | -€3,282 | -75.8% |
| Suppliers | 440/4 | €4,329 | €1,046 | -€3,282 | -75.8% |
| Taxes, remuneration and social security | 45 | €5,469 | €965 | -€4,504 | -82.4% |
| Taxes | 450/3 | €4,735 | €965 | -€3,770 | -79.6% |
| Remuneration and social security | 454/9 | €734 | - | -€734 | |
| Other amounts payable | 47/48 | €78,663 | €22,500 | -€56,163 | -71.4% |
| Accrued charges and deferred income | 492/3 | €3,815 | €1,835 | -€1,981 | -51.9% |
| Turnover | 70 | €268,479 | €257,551 | -€10,928 | -4.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €168,130 | €137,630 | -€30,501 | -18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €116,926 | €115,617 | -€1,309 | -1.1% |
| Other operating charges | 640/8 | €25,609 | €27,821 | +€2,212 | +8.6% |
| Gross operating margin | 9900 | €106,255 | €122,441 | +€16,186 | +15.2% |
| Operating profit (loss) | 9901 | -€36,280 | -€20,997 | +€15,283 | +42.1% |
| Financial income | 75/76B | €757 | €289 | -€468 | -61.8% |
| Recurring financial income | 75 | €757 | €289 | -€468 | -61.8% |
| Financial charges | 65/66B | €3,229 | €3,268 | +€39 | +1.2% |
| Recurring financial charges | 65 | €3,229 | €3,268 | +€39 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | -€38,752 | -€23,976 | +€14,776 | +38.1% |
| Income taxes | 67/77 | €34,159 | €8,007 | -€26,152 | -76.6% |
| Profit (loss) for the period | 9904 | -€72,911 | -€31,983 | +€40,928 | +56.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€72,911 | -€31,983 | +€40,928 | +56.1% |
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 4 October 2026 via checked.be.