JANSEN: 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.
JANSEN
Largest movements
- Cash -€53,365
down €53,365 (-47.3%), from €112,830 to €59,465
mainly Investment in fixed assets (net) (-€35,508) and Current investments (-€30,489)
- Tangible fixed assets +€31,901
up €31,901 (+11.6%), from €274,133 to €306,034
of which Land and buildings: +€33,239
- Current investments +€30,489
up €30,489 (+70.7%), from €43,128 to €73,617
- Reserves +€6,637
up €6,637 (+4.2%), from €157,939 to €164,576
of which Distributable reserves: +€6,637
- Depreciation -€3,518
down €3,518 (-49.4%), from €7,125 to €3,607
- Financial charges +€2,994
up €2,994, from -€2,877 to €117
- Gross operating margin -€1,965
down €1,965 (-11.7%), from €16,803 to €14,838
- Financial income +€1,336
up €1,336 (+226.8%), from €589 to €1,924
- Taxes +€809
up €809 (+50.3%), from €1,607 to €2,416
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 | €438,723 | €449,336 | +€10,613 | +2.4% |
| Fixed assets | 21/28 | €274,133 | €306,034 | +€31,901 | +11.6% |
| Tangible fixed assets | 22/27 | €274,133 | €306,034 | +€31,901 | +11.6% |
| Land and buildings | 22 | €272,794 | €306,034 | +€33,239 | +12.2% |
| Furniture and vehicles | 24 | €1,338 | €0 | -€1,338 | -100.0% |
| Current assets | 29/58 | €164,590 | €143,303 | -€21,288 | -12.9% |
| Amounts receivable within one year | 40/41 | €6,250 | €7,750 | +€1,500 | +24.0% |
| Trade receivables | 40 | €6,250 | €6,250 | = | 0.0% |
| Other amounts receivable | 41 | - | €1,500 | +€1,500 | |
| Current investments | 50/53 | €43,128 | €73,617 | +€30,489 | +70.7% |
| Cash at bank and in hand | 54/58 | €112,830 | €59,465 | -€53,365 | -47.3% |
| Deferred charges and accrued income | 490/1 | €2,383 | €2,471 | +€88 | +3.7% |
| Total equity and liabilities | 10/49 | €438,723 | €449,336 | +€10,613 | +2.4% |
| Equity | 10/15 | €431,045 | €437,682 | +€6,637 | +1.5% |
| Contributions | 10/11 | €273,106 | €273,106 | = | 0.0% |
| Capital | 10 | €268,469 | €268,469 | = | 0.0% |
| Issued capital | 100 | €268,469 | €268,469 | = | 0.0% |
| Contributions outside capital | 11 | €4,638 | €4,638 | = | 0.0% |
| Share premium | 1100/10 | €4,638 | €4,638 | = | 0.0% |
| Reserves | 13 | €157,939 | €164,576 | +€6,637 | +4.2% |
| Non-distributable reserves | 130/1 | €31,396 | €31,396 | = | 0.0% |
| Legal reserve | 130 | €31,396 | €31,396 | = | 0.0% |
| Distributable reserves | 133 | €126,543 | €133,180 | +€6,637 | +5.2% |
| Amounts payable | 17/49 | €7,678 | €11,654 | +€3,976 | +51.8% |
| Amounts payable within one year | 42/48 | €6,904 | €10,880 | +€3,976 | +57.6% |
| Taxes, remuneration and social security | 45 | €1,607 | €4,023 | +€2,416 | +150.3% |
| Taxes | 450/3 | €1,607 | €4,023 | +€2,416 | +150.3% |
| Other amounts payable | 47/48 | €5,297 | €6,857 | +€1,560 | +29.5% |
| Accrued charges and deferred income | 492/3 | €774 | €774 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,125 | €3,607 | -€3,518 | -49.4% |
| Other operating charges | 640/8 | €4,258 | €3,986 | -€272 | -6.4% |
| Gross operating margin | 9900 | €16,803 | €14,838 | -€1,965 | -11.7% |
| Operating profit (loss) | 9901 | €5,420 | €7,246 | +€1,825 | +33.7% |
| Financial income | 75/76B | €589 | €1,924 | +€1,336 | +226.8% |
| Recurring financial income | 75 | €589 | €1,924 | +€1,336 | +226.8% |
| Financial charges | 65/66B | -€2,877 | €117 | +€2,994 | |
| Recurring financial charges | 65 | -€2,877 | €117 | +€2,994 | |
| Profit (loss) for the period before taxes | 9903 | €8,886 | €9,053 | +€167 | +1.9% |
| Income taxes | 67/77 | €1,607 | €2,416 | +€809 | +50.3% |
| Profit (loss) for the period | 9904 | €7,278 | €6,637 | -€641 | -8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,278 | €6,637 | -€641 | -8.8% |
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 11 October 2026 via checked.be.