JANOLIM: 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.
JANOLIM
Largest movements
- Deferred charges and accrued income +€143,016
up €143,016 (+104%), from €137,696 to €280,712
- Cash +€72,054
up €72,054 (+117%), from €61,807 to €133,860
mainly Net result for the year (+€339,505) and Other debts (+€68,257)
- Reserves +€163,860
up €163,860 (+30.0%), from €546,589 to €710,449
- Other debts +€68,257
up €68,257 (+60.5%), from €112,812 to €181,070
- Financial income +€52,687
up €52,687 (+22.8%), from €230,680 to €283,366
- Gross operating margin +€29,010
up €29,010 (+29.4%), from €98,537 to €127,547
- Taxes +€14,105
up €14,105 (+26.0%), from €54,300 to €68,405
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 | €4,540,964 | €4,766,257 | +€225,293 | +5.0% |
| Fixed assets | 21/28 | €3,817,015 | €3,816,667 | -€349 | 0.0% |
| Tangible fixed assets | 22/27 | €349 | €0 | -€349 | -100% |
| Furniture and vehicles | 24 | €349 | €0 | -€349 | -100% |
| Financial fixed assets | 28 | €3,816,667 | €3,816,667 | = | 0.0% |
| Current assets | 29/58 | €723,949 | €949,590 | +€225,641 | +31.2% |
| Amounts receivable within one year | 40/41 | €24,447 | €34,458 | +€10,011 | +40.9% |
| Trade receivables | 40 | €24,436 | €11,676 | -€12,760 | -52.2% |
| Other amounts receivable | 41 | €11 | €22,782 | +€22,771 | +212,018% |
| Current investments | 50/53 | €500,000 | €500,561 | +€561 | +0.1% |
| Cash at bank and in hand | 54/58 | €61,807 | €133,860 | +€72,054 | +117% |
| Deferred charges and accrued income | 490/1 | €137,696 | €280,712 | +€143,016 | +104% |
| Total equity and liabilities | 10/49 | €4,540,964 | €4,766,257 | +€225,293 | +5.0% |
| Equity | 10/15 | €4,363,256 | €4,527,116 | +€163,860 | +3.8% |
| Contributions | 10/11 | €3,816,667 | €3,816,667 | = | 0.0% |
| Reserves | 13 | €546,589 | €710,449 | +€163,860 | +30.0% |
| Distributable reserves | 133 | €546,589 | €710,449 | +€163,860 | +30.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €177,708 | €239,141 | +€61,433 | +34.6% |
| Amounts payable within one year | 42/48 | €176,033 | €238,950 | +€62,917 | +35.7% |
| Trade debts | 44 | €3,225 | €131 | -€3,094 | -95.9% |
| Suppliers | 440/4 | €3,225 | €131 | -€3,094 | -95.9% |
| Taxes, remuneration and social security | 45 | €59,996 | €57,750 | -€2,246 | -3.7% |
| Taxes | 450/3 | €58,296 | €57,750 | -€546 | -0.9% |
| Remuneration and social security | 454/9 | €1,700 | €0 | -€1,700 | -100% |
| Other amounts payable | 47/48 | €112,812 | €181,070 | +€68,257 | +60.5% |
| Accrued charges and deferred income | 492/3 | €1,675 | €191 | -€1,484 | -88.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €653 | €349 | -€304 | -46.6% |
| Other operating charges | 640/8 | €3,063 | €2,455 | -€608 | -19.9% |
| Gross operating margin | 9900 | €98,537 | €127,547 | +€29,010 | +29.4% |
| Operating profit (loss) | 9901 | €94,822 | €124,743 | +€29,922 | +31.6% |
| Financial income | 75/76B | €230,680 | €283,366 | +€52,687 | +22.8% |
| Recurring financial income | 75 | €230,680 | €283,366 | +€52,687 | +22.8% |
| Financial charges | 65/66B | €204 | €200 | -€4 | -2.0% |
| Recurring financial charges | 65 | €204 | €200 | -€4 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | €325,298 | €407,910 | +€82,612 | +25.4% |
| Income taxes | 67/77 | €54,300 | €68,405 | +€14,105 | +26.0% |
| Profit (loss) for the period | 9904 | €270,998 | €339,505 | +€68,507 | +25.3% |
| Profit (loss) for the period to be appropriated | 9905 | €270,998 | €339,505 | +€68,507 | +25.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.