JANPOL: 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.
JANPOL
Largest movements
- Tangible fixed assets -€24,661
down €24,661 (-65.2%), from €37,796 to €13,135
- Deferred charges and accrued income +€11,348
up €11,348 (+2424.3%), from €468 to €11,816
- Receivables within one year -€4,385
down €4,385 (-7.6%), from €57,441 to €53,056
of which Trade receivables: -€7,783
- Cash +€1,801
up €1,801 (+20276.0%), from €9 to €1,809
mainly Investment in fixed assets (net) (+€17,434) and Depreciation (+€7,227)
- Debts after one year -€7,693
down €7,693 (-47.7%), from €16,141 to €8,448
- Short-term financial debts -€5,370
down €5,370 (-60.5%), from €8,875 to €3,505
- Profit (loss) carried forward -€4,317
down €4,317 (-13.7%), from €31,460 to €27,142
- Other debts +€2,313
up €2,313 (+119.5%), from €1,936 to €4,249
- Tax, wage and social debts -€2,217
no longer reported in 2024 (was €2,217)
- Depreciation -€7,348
down €7,348 (-50.4%), from €14,575 to €7,227
- Gross operating margin -€911
down €911 (-7.8%), from €11,679 to €10,768
- Financial charges -€718
down €718 (-29.1%), from €2,467 to €1,749
- Taxes -€702
down €702 (-84.8%), from €827 to €125
- Other operating charges +€179
up €179 (+358.0%), from €50 to €229
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €96,598 | €80,701 | -€15,897 | -16.5% |
| Fixed assets | 21/28 | €38,680 | €14,019 | -€24,661 | -63.8% |
| Tangible fixed assets | 22/27 | €37,796 | €13,135 | -€24,661 | -65.2% |
| Furniture and vehicles | 24 | €37,796 | €13,135 | -€24,661 | -65.2% |
| Financial fixed assets | 28 | €884 | €884 | = | 0.0% |
| Current assets | 29/58 | €57,918 | €66,682 | +€8,763 | +15.1% |
| Amounts receivable within one year | 40/41 | €57,441 | €53,056 | -€4,385 | -7.6% |
| Trade receivables | 40 | €55,028 | €47,245 | -€7,783 | -14.1% |
| Other amounts receivable | 41 | €2,413 | €5,810 | +€3,398 | +140.8% |
| Cash at bank and in hand | 54/58 | €9 | €1,809 | +€1,801 | +20276.0% |
| Deferred charges and accrued income | 490/1 | €468 | €11,816 | +€11,348 | +2424.3% |
| Total equity and liabilities | 10/49 | €96,598 | €80,701 | -€15,897 | -16.5% |
| Equity | 10/15 | €41,195 | €36,877 | -€4,317 | -10.5% |
| Contributions | 10/11 | €8,055 | €8,055 | = | 0.0% |
| Reserves | 13 | €1,680 | €1,680 | = | 0.0% |
| Distributable reserves | 133 | €1,680 | €1,680 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,460 | €27,142 | -€4,317 | -13.7% |
| Provisions and deferred taxes | 16 | €1,889 | €1,889 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €1,889 | €1,889 | = | 0.0% |
| Other liabilities and charges | 164/5 | €1,889 | €1,889 | = | 0.0% |
| Amounts payable | 17/49 | €53,514 | €41,934 | -€11,580 | -21.6% |
| Amounts payable after more than one year | 17 | €16,141 | €8,448 | -€7,693 | -47.7% |
| Financial debts | 170/4 | €16,141 | €8,448 | -€7,693 | -47.7% |
| Amounts payable within one year | 42/48 | €37,372 | €33,486 | -€3,887 | -10.4% |
| Current portion of amounts payable after more than one year | 42 | €5,119 | €4,979 | -€140 | -2.7% |
| Financial debts | 43 | €8,875 | €3,505 | -€5,370 | -60.5% |
| Credit institutions | 430/8 | €8,875 | €3,505 | -€5,370 | -60.5% |
| Trade debts | 44 | €19,226 | €20,753 | +€1,527 | +7.9% |
| Suppliers | 440/4 | €19,226 | €20,753 | +€1,527 | +7.9% |
| Taxes, remuneration and social security | 45 | €2,217 | - | -€2,217 | |
| Taxes | 450/3 | €2,217 | - | -€2,217 | |
| Other amounts payable | 47/48 | €1,936 | €4,249 | +€2,313 | +119.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,575 | €7,227 | -€7,348 | -50.4% |
| Other operating charges | 640/8 | €50 | €229 | +€179 | +358.0% |
| Non-recurring operating charges | 66A | - | €5,755 | +€5,755 | |
| Gross operating margin | 9900 | €11,679 | €10,768 | -€911 | -7.8% |
| Operating profit (loss) | 9901 | -€2,946 | -€2,443 | +€503 | +17.1% |
| Financial charges | 65/66B | €2,467 | €1,749 | -€718 | -29.1% |
| Recurring financial charges | 65 | €2,467 | €1,749 | -€718 | -29.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,413 | -€4,192 | +€1,221 | +22.6% |
| Income taxes | 67/77 | €827 | €125 | -€702 | -84.8% |
| Profit (loss) for the period | 9904 | -€6,240 | -€4,317 | +€1,923 | +30.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,240 | -€4,317 | +€1,923 | +30.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.