JANSSEN PATRICK: 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.
JANSSEN PATRICK
Largest movements
- Tangible fixed assets -€46,383
down €46,383 (-30.1%), from €153,872 to €107,489
of which Land and buildings: -€45,011
- Cash +€10,324
up €10,324 (+286%), from €3,605 to €13,930
mainly Depreciation (+€27,200) and Investment in fixed assets (net) (+€19,183)
- Stocks and contracts -€3,950
down €3,950 (-45.1%), from €8,750 to €4,800
- Debts after one year -€23,686
down €23,686 (-43.7%), from €54,218 to €30,532
- Current portion of long-term debt -€15,673
down €15,673 (-64.7%), from €24,214 to €8,542
- Reserves +€9,411
up €9,411 (+19.8%), from €47,509 to €56,920
- Trade debts -€5,815
down €5,815 (-70.6%), from €8,241 to €2,426
- Tax, wage and social debts -€3,285
down €3,285 (-79.7%), from €4,120 to €835
- Depreciation -€6,028
down €6,028 (-18.1%), from €33,228 to €27,200
- Gross operating margin +€4,755
up €4,755 (+9.0%), from €52,752 to €57,507
- Taxes +€2,836
up €2,836 (+80.7%), from €3,513 to €6,349
- Other operating charges +€2,157
up €2,157 (+80.1%), from €2,693 to €4,850
- Financial charges +€659
up €659 (+19.0%), from €3,461 to €4,120
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €178,268 | €138,938 | -€39,330 | -22.1% |
| Fixed assets | 21/28 | €153,872 | €107,489 | -€46,383 | -30.1% |
| Tangible fixed assets | 22/27 | €153,872 | €107,489 | -€46,383 | -30.1% |
| Land and buildings | 22 | €111,844 | €66,833 | -€45,011 | -40.2% |
| Furniture and vehicles | 24 | €7,733 | €2,719 | -€5,015 | -64.8% |
| Leasing and similar rights | 25 | €34,294 | €37,937 | +€3,643 | +10.6% |
| Current assets | 29/58 | €24,396 | €31,449 | +€7,053 | +28.9% |
| Stocks and contracts in progress | 3 | €8,750 | €4,800 | -€3,950 | -45.1% |
| Stocks | 30/36 | €8,750 | €4,800 | -€3,950 | -45.1% |
| Amounts receivable within one year | 40/41 | €10,276 | €10,772 | +€496 | +4.8% |
| Trade receivables | 40 | €10,276 | €7,108 | -€3,169 | -30.8% |
| Other amounts receivable | 41 | - | €3,665 | +€3,665 | |
| Cash at bank and in hand | 54/58 | €3,605 | €13,930 | +€10,324 | +286% |
| Deferred charges and accrued income | 490/1 | €1,765 | €1,947 | +€183 | +10.4% |
| Total equity and liabilities | 10/49 | €178,268 | €138,938 | -€39,330 | -22.1% |
| Equity | 10/15 | €78,617 | €88,027 | +€9,411 | +12.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €47,509 | €56,920 | +€9,411 | +19.8% |
| Distributable reserves | 133 | €47,509 | €56,920 | +€9,411 | +19.8% |
| Profit (loss) carried forward | 14 | €12,508 | €12,508 | = | 0.0% |
| Amounts payable | 17/49 | €99,651 | €50,911 | -€48,741 | -48.9% |
| Amounts payable after more than one year | 17 | €54,218 | €30,532 | -€23,686 | -43.7% |
| Financial debts | 170/4 | €54,218 | €30,532 | -€23,686 | -43.7% |
| Amounts payable within one year | 42/48 | €44,483 | €20,379 | -€24,105 | -54.2% |
| Current portion of amounts payable after more than one year | 42 | €24,214 | €8,542 | -€15,673 | -64.7% |
| Financial debts | 43 | €4,093 | €3,642 | -€451 | -11.0% |
| Credit institutions | 430/8 | €4,093 | €3,642 | -€451 | -11.0% |
| Trade debts | 44 | €8,241 | €2,426 | -€5,815 | -70.6% |
| Suppliers | 440/4 | €8,241 | €2,426 | -€5,815 | -70.6% |
| Taxes, remuneration and social security | 45 | €4,120 | €835 | -€3,285 | -79.7% |
| Taxes | 450/3 | €4,120 | €835 | -€3,285 | -79.7% |
| Other amounts payable | 47/48 | €3,815 | €4,934 | +€1,119 | +29.3% |
| Accrued charges and deferred income | 492/3 | €950 | - | -€950 | |
| Remuneration, social security and pensions | 62 | €399 | - | -€399 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,228 | €27,200 | -€6,028 | -18.1% |
| Other operating charges | 640/8 | €2,693 | €4,850 | +€2,157 | +80.1% |
| Non-recurring operating charges | 66A | - | €121 | +€121 | |
| Gross operating margin | 9900 | €52,752 | €57,507 | +€4,755 | +9.0% |
| Operating profit (loss) | 9901 | €16,432 | €25,336 | +€8,905 | +54.2% |
| Financial income | 75/76B | €7 | €45 | +€38 | +514% |
| Recurring financial income | 75 | €7 | €45 | +€38 | +514% |
| Financial charges | 65/66B | €3,461 | €4,120 | +€659 | +19.0% |
| Recurring financial charges | 65 | €3,461 | €4,120 | +€659 | +19.0% |
| Profit (loss) for the period before taxes | 9903 | €12,978 | €21,261 | +€8,284 | +63.8% |
| Income taxes | 67/77 | €3,513 | €6,349 | +€2,836 | +80.7% |
| Profit (loss) for the period | 9904 | €9,465 | €14,912 | +€5,447 | +57.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,465 | €14,912 | +€5,447 | +57.6% |
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 14 October 2026 via checked.be.