Janssen Lieven: what changed
Janssen Lieven
Largest movements
- Cash +€5,293
up €5,293 (+45.7%), from €11,590 to €16,883
mainly Net result for the year (+€10,824) and Depreciation (+€2,974)
- Stocks and contracts +€3,000
new in 2025: €3,000
- Tangible fixed assets -€1,974
down €1,974 (-26.5%), from €7,445 to €5,471
of which Plant, machinery and equipment: -€1,722
- Intangible fixed assets -€1,000
down €1,000 (-25.0%), from €3,997 to €2,997
- Reserves +€10,824
up €10,824 (+80.0%), from €13,529 to €24,352
- Other debts -€5,927
down €5,927 (-100%), from €5,927 to €0
- Trade debts +€1,933
up €1,933 (+225%), from €857 to €2,790
- Tax, wage and social debts -€1,700
down €1,700 (-73.9%), from €2,300 to €600
of which Remuneration and social security: -€1,700
- Gross operating margin -€5,061
down €5,061 (-22.5%), from €22,487 to €17,426
- Depreciation -€1,448
down €1,448 (-32.8%), from €4,422 to €2,974
- Taxes -€647
down €647 (-19.3%), from €3,352 to €2,705
- Other operating charges -€261
down €261 (-40.8%), from €639 to €378
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,213 | €33,342 | +€5,130 | +18.2% |
| Fixed assets | 21/28 | €11,442 | €8,468 | -€2,974 | -26.0% |
| Intangible fixed assets | 21 | €3,997 | €2,997 | -€1,000 | -25.0% |
| Tangible fixed assets | 22/27 | €7,445 | €5,471 | -€1,974 | -26.5% |
| Plant, machinery and equipment | 23 | €5,312 | €3,590 | -€1,722 | -32.4% |
| Other tangible fixed assets | 26 | €2,133 | €1,881 | -€252 | -11.8% |
| Current assets | 29/58 | €16,771 | €24,874 | +€8,103 | +48.3% |
| Stocks and contracts in progress | 3 | - | €3,000 | +€3,000 | |
| Contracts in progress | 37 | - | €3,000 | +€3,000 | |
| Amounts receivable within one year | 40/41 | €4,726 | €4,443 | -€283 | -6.0% |
| Trade receivables | 40 | €2,799 | €2,151 | -€649 | -23.2% |
| Other amounts receivable | 41 | €1,927 | €2,292 | +€366 | +19.0% |
| Cash at bank and in hand | 54/58 | €11,590 | €16,883 | +€5,293 | +45.7% |
| Deferred charges and accrued income | 490/1 | €455 | €548 | +€94 | +20.6% |
| Total equity and liabilities | 10/49 | €28,213 | €33,342 | +€5,130 | +18.2% |
| Equity | 10/15 | €18,529 | €29,352 | +€10,824 | +58.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €13,529 | €24,352 | +€10,824 | +80.0% |
| Distributable reserves | 133 | €13,529 | €24,352 | +€10,824 | +80.0% |
| Amounts payable | 17/49 | €9,684 | €3,990 | -€5,694 | -58.8% |
| Amounts payable within one year | 42/48 | €9,084 | €3,390 | -€5,694 | -62.7% |
| Trade debts | 44 | €857 | €2,790 | +€1,933 | +225% |
| Suppliers | 440/4 | €857 | €2,790 | +€1,933 | +225% |
| Taxes, remuneration and social security | 45 | €2,300 | €600 | -€1,700 | -73.9% |
| Taxes | 450/3 | €600 | €600 | = | 0.0% |
| Remuneration and social security | 454/9 | €1,700 | €0 | -€1,700 | -100% |
| Other amounts payable | 47/48 | €5,927 | €0 | -€5,927 | -100% |
| Accrued charges and deferred income | 492/3 | €600 | €600 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,422 | €2,974 | -€1,448 | -32.8% |
| Other operating charges | 640/8 | €639 | €378 | -€261 | -40.8% |
| Gross operating margin | 9900 | €22,487 | €17,426 | -€5,061 | -22.5% |
| Operating profit (loss) | 9901 | €17,426 | €14,074 | -€3,352 | -19.2% |
| Financial income | 75/76B | - | €17 | +€17 | |
| Recurring financial income | 75 | - | €17 | +€17 | |
| Financial charges | 65/66B | €546 | €561 | +€16 | +2.9% |
| Recurring financial charges | 65 | €546 | €561 | +€16 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €16,880 | €13,529 | -€3,351 | -19.9% |
| Income taxes | 67/77 | €3,352 | €2,705 | -€647 | -19.3% |
| Profit (loss) for the period | 9904 | €13,529 | €10,824 | -€2,705 | -20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,529 | €10,824 | -€2,705 | -20.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.