Janssen Sofie: 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 Sofie
Largest movements
- Current investments -€876,018
down €876,018 (-95.2%), from €919,708 to €43,689
- Tangible fixed assets +€178,771
up €178,771 (+13.4%), from €1.3m to €1.5m
of which Land and buildings: +€190,992
- Cash -€162,045
down €162,045 (-87.6%), from €184,981 to €22,936
mainly Other debts (-€689,379) and Investment in fixed assets (net) (-€231,898)
- Receivables within one year +€29,841
up €29,841 (+10.4%), from €287,067 to €316,908
of which Trade receivables: +€21,570
- Other debts -€689,379
down €689,379 (-36.9%), from €1.9m to €1.2m
- Debts after one year -€68,118
down €68,118 (-12.9%), from €526,159 to €458,041
- Reserves -€48,696
down €48,696 (-23.0%), from €211,643 to €162,948
of which Distributable reserves: -€48,696
- Gross operating margin -€251,322
down €251,322 (-52.0%), from €483,656 to €232,334
- Depreciation -€90,898
down €90,898 (-64.0%), from €142,025 to €51,127
- Financial charges -€56,778
down €56,778 (-73.5%), from €77,218 to €20,441
- Taxes -€48,140
down €48,140 (-51.0%), from €94,453 to €46,313
- Financial income +€9,178
up €9,178 (+21.4%), from €42,819 to €51,997
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 | €2,726,152 | €1,901,436 | -€824,717 | -30.3% |
| Fixed assets | 21/28 | €1,330,285 | €1,511,056 | +€180,771 | +13.6% |
| Tangible fixed assets | 22/27 | €1,330,285 | €1,509,056 | +€178,771 | +13.4% |
| Land and buildings | 22 | €1,058,504 | €1,249,497 | +€190,992 | +18.0% |
| Furniture and vehicles | 24 | €6,615 | €4,559 | -€2,056 | -31.1% |
| Other tangible fixed assets | 26 | €265,166 | €255,001 | -€10,166 | -3.8% |
| Financial fixed assets | 28 | - | €2,000 | +€2,000 | |
| Current assets | 29/58 | €1,395,867 | €390,379 | -€1.0m | -72.0% |
| Amounts receivable within one year | 40/41 | €287,067 | €316,908 | +€29,841 | +10.4% |
| Trade receivables | 40 | €35,000 | €56,570 | +€21,570 | +61.6% |
| Other amounts receivable | 41 | €252,067 | €260,338 | +€8,271 | +3.3% |
| Current investments | 50/53 | €919,708 | €43,689 | -€876,018 | -95.2% |
| Cash at bank and in hand | 54/58 | €184,981 | €22,936 | -€162,045 | -87.6% |
| Deferred charges and accrued income | 490/1 | €4,111 | €6,846 | +€2,734 | +66.5% |
| Total equity and liabilities | 10/49 | €2,726,152 | €1,901,436 | -€824,717 | -30.3% |
| Equity | 10/15 | €230,243 | €181,548 | -€48,696 | -21.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €211,643 | €162,948 | -€48,696 | -23.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €211,643 | €162,948 | -€48,696 | -23.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €2,495,909 | €1,719,888 | -€776,021 | -31.1% |
| Amounts payable after more than one year | 17 | €526,159 | €458,041 | -€68,118 | -12.9% |
| Financial debts | 170/4 | €526,159 | €458,041 | -€68,118 | -12.9% |
| Amounts payable within one year | 42/48 | €1,968,601 | €1,261,847 | -€706,754 | -35.9% |
| Current portion of amounts payable after more than one year | 42 | €67,945 | €68,118 | +€174 | +0.3% |
| Trade debts | 44 | €501 | €557 | +€55 | +11.1% |
| Suppliers | 440/4 | €501 | €557 | +€55 | +11.1% |
| Taxes, remuneration and social security | 45 | €30,129 | €12,525 | -€17,604 | -58.4% |
| Taxes | 450/3 | €30,129 | €12,525 | -€17,604 | -58.4% |
| Other amounts payable | 47/48 | €1,870,026 | €1,180,647 | -€689,379 | -36.9% |
| Accrued charges and deferred income | 492/3 | €1,149 | €0 | -€1,149 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €142,025 | €51,127 | -€90,898 | -64.0% |
| Other operating charges | 640/8 | €2,995 | €3,502 | +€507 | +16.9% |
| Gross operating margin | 9900 | €483,656 | €232,334 | -€251,322 | -52.0% |
| Operating profit (loss) | 9901 | €338,636 | €177,705 | -€160,931 | -47.5% |
| Financial income | 75/76B | €42,819 | €51,997 | +€9,178 | +21.4% |
| Recurring financial income | 75 | €42,819 | €51,997 | +€9,178 | +21.4% |
| Financial charges | 65/66B | €77,218 | €20,441 | -€56,778 | -73.5% |
| Recurring financial charges | 65 | €77,218 | €20,441 | -€56,778 | -73.5% |
| Profit (loss) for the period before taxes | 9903 | €304,237 | €209,261 | -€94,976 | -31.2% |
| Income taxes | 67/77 | €94,453 | €46,313 | -€48,140 | -51.0% |
| Profit (loss) for the period | 9904 | €209,783 | €162,948 | -€46,836 | -22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €209,783 | €162,948 | -€46,836 | -22.3% |
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 20 October 2026 via checked.be.