JANSHOEK: 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.
JANSHOEK
Largest movements
- Stocks and contracts +€36,209
up €36,209 (+31.5%), from €114,959 to €151,168
- Tangible fixed assets -€27,168
down €27,168 (-23.4%), from €115,885 to €88,717
of which Land and buildings: -€25,339
- Receivables within one year -€16,321
down €16,321 (-80.2%), from €20,356 to €4,036
of which Trade receivables: -€16,795
- Cash +€5,009
up €5,009 (+57.2%), from €8,763 to €13,772
mainly Depreciation (+€27,168) and Net result for the year (+€20,640)
- Profit (loss) carried forward +€20,640
up €20,640 (+14.2%), from -€145,767 to -€125,126
- Trade debts -€17,893
down €17,893 (-38.5%), from €46,475 to €28,582
- Gross operating margin -€15,449
down €15,449 (-22.5%), from €68,718 to €53,269
- Depreciation -€816
down €816 (-2.9%), from €27,984 to €27,168
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 | €265,964 | €263,692 | -€2,271 | -0.9% |
| Fixed assets | 21/28 | €121,885 | €94,717 | -€27,168 | -22.3% |
| Tangible fixed assets | 22/27 | €115,885 | €88,717 | -€27,168 | -23.4% |
| Land and buildings | 22 | €111,870 | €86,531 | -€25,339 | -22.7% |
| Plant, machinery and equipment | 23 | €4,015 | €2,186 | -€1,829 | -45.6% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €144,078 | €168,975 | +€24,897 | +17.3% |
| Stocks and contracts in progress | 3 | €114,959 | €151,168 | +€36,209 | +31.5% |
| Stocks | 30/36 | €114,959 | €151,168 | +€36,209 | +31.5% |
| Amounts receivable within one year | 40/41 | €20,356 | €4,036 | -€16,321 | -80.2% |
| Trade receivables | 40 | €20,356 | €3,562 | -€16,795 | -82.5% |
| Other amounts receivable | 41 | - | €474 | +€474 | |
| Cash at bank and in hand | 54/58 | €8,763 | €13,772 | +€5,009 | +57.2% |
| Total equity and liabilities | 10/49 | €265,964 | €263,692 | -€2,271 | -0.9% |
| Equity | 10/15 | -€83,767 | -€63,126 | +€20,640 | +24.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€145,767 | -€125,126 | +€20,640 | +14.2% |
| Amounts payable | 17/49 | €349,730 | €326,818 | -€22,912 | -6.6% |
| Amounts payable after more than one year | 17 | €141,372 | €140,000 | -€1,372 | -1.0% |
| Financial debts | 170/4 | €141,372 | €140,000 | -€1,372 | -1.0% |
| Amounts payable within one year | 42/48 | €208,359 | €186,818 | -€21,540 | -10.3% |
| Current portion of amounts payable after more than one year | 42 | €2,743 | €1,372 | -€1,371 | -50.0% |
| Financial debts | 43 | €50,000 | €50,000 | = | 0.0% |
| Credit institutions | 430/8 | €50,000 | €50,000 | = | 0.0% |
| Trade debts | 44 | €46,475 | €28,582 | -€17,893 | -38.5% |
| Suppliers | 440/4 | €46,475 | €28,582 | -€17,893 | -38.5% |
| Taxes, remuneration and social security | 45 | €1,064 | €0 | -€1,064 | -100.0% |
| Taxes | 450/3 | €1,064 | €0 | -€1,064 | -100.0% |
| Other amounts payable | 47/48 | €108,077 | €106,865 | -€1,212 | -1.1% |
| Remuneration, social security and pensions | 62 | - | €586 | +€586 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,984 | €27,168 | -€816 | -2.9% |
| Other operating charges | 640/8 | €2,631 | €2,595 | -€36 | -1.4% |
| Non-recurring operating charges | 66A | €1,478 | €0 | -€1,478 | -100.0% |
| Gross operating margin | 9900 | €68,718 | €53,269 | -€15,449 | -22.5% |
| Operating profit (loss) | 9901 | €36,625 | €22,920 | -€13,705 | -37.4% |
| Financial income | 75/76B | €53 | €301 | +€249 | +473.6% |
| Recurring financial income | 75 | €53 | €301 | +€249 | +473.6% |
| Financial charges | 65/66B | €2,650 | €2,491 | -€159 | -6.0% |
| Recurring financial charges | 65 | €2,650 | €2,491 | -€159 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €34,028 | €20,730 | -€13,297 | -39.1% |
| Income taxes | 67/77 | - | €90 | +€90 | |
| Profit (loss) for the period | 9904 | €34,028 | €20,640 | -€13,387 | -39.3% |
| Profit (loss) for the period to be appropriated | 9905 | €34,028 | €20,640 | -€13,387 | -39.3% |
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 5 October 2026 via checked.be.