JANSEGERS: 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.
What changed
JANSEGERS
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€57,297
2024 · -€72,403+€15,106
Equity
€702,785
2024 · €760,082-€57,297
Cash
€629,967
2024 · €607,033+€22,934
Balance sheet total
€1.0m
2024 · €1.1m-€35,295
Largest movements
Assets
- Stocks and contracts -€45,581
down €45,581 (-16.8%), from €271,370 to €225,789
- Cash +€22,934
up €22,934 (+3.8%), from €607,033 to €629,967
mainly Stocks and contracts (+€45,581) and Tax, wage and social debts (+€15,137)
Equity and liabilities
- Profit (loss) carried forward -€57,297
down €57,297 (-23.9%), from -€239,552 to -€296,849
- Tax, wage and social debts +€15,137
new in 2025: €15,137
of which Remuneration and social security: +€11,108
- Trade debts +€11,553
up €11,553 (+16.1%), from €71,629 to €83,182
Income statement
- Gross operating margin +€11,105
up €11,105 (+6.2%), from €178,844 to €189,949
- Other operating charges +€3,405
up €3,405 (+80.5%), from €4,228 to €7,633
- Staff costs +€2,126
up €2,126 (+0.8%), from €271,300 to €273,426
- Financial charges -€2,125
no longer reported in 2025 (was €2,125)
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.
Result 2024
-€72,403
Gross operating margin
+€11,105
Staff costs
-€2,126
Depreciation
+€94
Other operating charges
-€3,405
Other operating items
+€6,183
Financial income
+€1,324
Financial charges
+€2,125
Taxes
-€192
Result 2025
-€57,297
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€28,272
Investment
-€876
Financing
-€4,461
Cash 2024
€607,033
From operations (derived)
+€28,272
Net result for the year
-€57,297
Depreciation
+€8,838
Stocks and contracts
+€45,581
Receivables within one year
+€4,461
Deferred charges and accrued income
+€226
Trade debts
+€11,553
Tax, wage and social debts
+€15,137
Accrued charges and deferred income
-€227
Investment (derived)
-€876
Investment in fixed assets (net)
-€876
Financing
-€4,461
Debts after one year
-€2,711
Current portion of long-term debt
-€4,380
Short-term financial debts
+€2,630
Cash 2025
€629,967
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,051,950 | €1,016,655 | -€35,295 | -3.4% |
| Fixed assets | 21/28 | €13,337 | €5,376 | -€7,961 | -59.7% |
| Tangible fixed assets | 22/27 | €13,337 | €5,376 | -€7,961 | -59.7% |
| Plant, machinery and equipment | 23 | €5,650 | €2,394 | -€3,255 | -57.6% |
| Furniture and vehicles | 24 | €7,688 | €2,982 | -€4,706 | -61.2% |
| Current assets | 29/58 | €1,038,613 | €1,011,279 | -€27,334 | -2.6% |
| Amounts receivable after more than one year | 29 | €323 | €323 | = | 0.0% |
| Other amounts receivable | 291 | €323 | €323 | = | 0.0% |
| Stocks and contracts in progress | 3 | €271,370 | €225,789 | -€45,581 | -16.8% |
| Stocks | 30/36 | €271,370 | €225,789 | -€45,581 | -16.8% |
| Amounts receivable within one year | 40/41 | €153,614 | €149,153 | -€4,461 | -2.9% |
| Trade receivables | 40 | €106,642 | €116,469 | +€9,827 | +9.2% |
| Other amounts receivable | 41 | €46,972 | €32,684 | -€14,288 | -30.4% |
| Cash at bank and in hand | 54/58 | €607,033 | €629,967 | +€22,934 | +3.8% |
| Deferred charges and accrued income | 490/1 | €6,273 | €6,047 | -€226 | -3.6% |
| Total equity and liabilities | 10/49 | €1,051,950 | €1,016,655 | -€35,295 | -3.4% |
| Equity | 10/15 | €760,082 | €702,785 | -€57,297 | -7.5% |
| Contributions | 10/11 | €203,600 | €203,600 | = | 0.0% |
| Reserves | 13 | €796,034 | €796,034 | = | 0.0% |
| Distributable reserves | 133 | €796,034 | €796,034 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€239,552 | -€296,849 | -€57,297 | -23.9% |
| Provisions and deferred taxes | 16 | €78,821 | €78,821 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €78,821 | €78,821 | = | 0.0% |
| Other liabilities and charges | 164/5 | €78,821 | €78,821 | = | 0.0% |
| Amounts payable | 17/49 | €213,047 | €235,048 | +€22,002 | +10.3% |
| Amounts payable after more than one year | 17 | €2,711 | - | -€2,711 | |
| Financial debts | 170/4 | €2,711 | - | -€2,711 | |
| Amounts payable within one year | 42/48 | €210,109 | €235,048 | +€24,940 | +11.9% |
| Current portion of amounts payable after more than one year | 42 | €4,380 | - | -€4,380 | |
| Financial debts | 43 | - | €2,630 | +€2,630 | |
| Credit institutions | 430/8 | - | €2,630 | +€2,630 | |
| Trade debts | 44 | €71,629 | €83,182 | +€11,553 | +16.1% |
| Suppliers | 440/4 | €71,629 | €83,182 | +€11,553 | +16.1% |
| Taxes, remuneration and social security | 45 | - | €15,137 | +€15,137 | |
| Taxes | 450/3 | - | €4,029 | +€4,029 | |
| Remuneration and social security | 454/9 | - | €11,108 | +€11,108 | |
| Other amounts payable | 47/48 | €134,100 | €134,100 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €227 | - | -€227 | |
| Non-recurring operating income | 76A | €37,790 | €4,244 | -€33,546 | -88.8% |
| Remuneration, social security and pensions | 62 | €271,300 | €273,426 | +€2,126 | +0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,931 | €8,838 | -€94 | -1.0% |
| Other operating charges | 640/8 | €4,228 | €7,633 | +€3,405 | +80.5% |
| Non-recurring operating charges | 66A | €9,860 | €3,677 | -€6,183 | -62.7% |
| Gross operating margin | 9900 | €178,844 | €189,949 | +€11,105 | +6.2% |
| Operating profit (loss) | 9901 | -€115,474 | -€103,625 | +€11,850 | +10.3% |
| Financial income | 75/76B | €45,617 | €46,941 | +€1,324 | +2.9% |
| Recurring financial income | 75 | €45,617 | €46,941 | +€1,324 | +2.9% |
| Financial charges | 65/66B | €2,125 | - | -€2,125 | |
| Recurring financial charges | 65 | €2,125 | - | -€2,125 | |
| Profit (loss) for the period before taxes | 9903 | -€71,982 | -€56,683 | +€15,298 | +21.3% |
| Income taxes | 67/77 | €421 | €613 | +€192 | +45.7% |
| Profit (loss) for the period | 9904 | -€72,403 | -€57,297 | +€15,106 | +20.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€72,403 | -€57,297 | +€15,106 | +20.9% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.