Janssens Frédéric: 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.
Janssens Frédéric
Largest movements
- Receivables within one year -€18,551
down €18,551 (-28.4%), from €65,273 to €46,723
of which Trade receivables: -€17,208
- Deferred charges and accrued income -€8,137
down €8,137 (-93.1%), from €8,737 to €599
- Stocks and contracts +€5,738
up €5,738 (+29.8%), from €19,229 to €24,967
- Cash -€2,988
down €2,988 (-9.5%), from €31,598 to €28,611
mainly Trade debts (-€62,731) and Advances received (-€17,366)
- Trade debts -€62,731
down €62,731 (-99.5%), from €63,071 to €339
- Reserves +€19,340
new in 2025: €19,340
- Tax, wage and social debts +€17,868
up €17,868 (+15,619%), from €114 to €17,982
- Advances received -€17,366
down €17,366 (-100%), from €17,366 to €0
- Profit (loss) carried forward +€16,425
up €16,425, from -€16,425 to €0
- Gross operating margin +€68,908
up €68,908, from -€9,727 to €59,180
- Taxes +€10,986
new in 2025: €10,986
- Other operating charges +€5,106
up €5,106 (+107%), from €4,771 to €9,876
- Depreciation +€1,076
up €1,076 (+88.5%), from €1,216 to €2,292
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 | €133,335 | €109,813 | -€23,522 | -17.6% |
| Fixed assets | 21/28 | €8,498 | €8,914 | +€416 | +4.9% |
| Tangible fixed assets | 22/27 | €8,498 | €8,914 | +€416 | +4.9% |
| Furniture and vehicles | 24 | €8,498 | €8,914 | +€416 | +4.9% |
| Current assets | 29/58 | €124,837 | €100,899 | -€23,938 | -19.2% |
| Stocks and contracts in progress | 3 | €19,229 | €24,967 | +€5,738 | +29.8% |
| Stocks | 30/36 | €19,229 | €24,967 | +€5,738 | +29.8% |
| Amounts receivable within one year | 40/41 | €65,273 | €46,723 | -€18,551 | -28.4% |
| Trade receivables | 40 | €63,930 | €46,723 | -€17,208 | -26.9% |
| Other amounts receivable | 41 | €1,343 | €0 | -€1,343 | -100% |
| Cash at bank and in hand | 54/58 | €31,598 | €28,611 | -€2,988 | -9.5% |
| Deferred charges and accrued income | 490/1 | €8,737 | €599 | -€8,137 | -93.1% |
| Total equity and liabilities | 10/49 | €133,335 | €109,813 | -€23,522 | -17.6% |
| Equity | 10/15 | -€13,425 | €22,340 | +€35,764 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €19,340 | +€19,340 | |
| Distributable reserves | 133 | - | €19,340 | +€19,340 | |
| Profit (loss) carried forward | 14 | -€16,425 | €0 | +€16,425 | |
| Amounts payable | 17/49 | €146,759 | €87,474 | -€59,286 | -40.4% |
| Amounts payable within one year | 42/48 | €146,759 | €87,474 | -€59,286 | -40.4% |
| Financial debts | 43 | - | €290 | +€290 | |
| Credit institutions | 430/8 | - | €290 | +€290 | |
| Trade debts | 44 | €63,071 | €339 | -€62,731 | -99.5% |
| Suppliers | 440/4 | €63,071 | €339 | -€62,731 | -99.5% |
| Advances received on contracts in progress | 46 | €17,366 | €0 | -€17,366 | -100% |
| Taxes, remuneration and social security | 45 | €114 | €17,982 | +€17,868 | +15,619% |
| Taxes | 450/3 | €114 | €17,982 | +€17,868 | +15,619% |
| Other amounts payable | 47/48 | €66,208 | €68,861 | +€2,653 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,216 | €2,292 | +€1,076 | +88.5% |
| Other operating charges | 640/8 | €4,771 | €9,876 | +€5,106 | +107% |
| Gross operating margin | 9900 | -€9,727 | €59,180 | +€68,908 | |
| Operating profit (loss) | 9901 | -€15,714 | €47,012 | +€62,726 | |
| Financial income | 75/76B | €52 | €428 | +€376 | +723% |
| Recurring financial income | 75 | €52 | €428 | +€376 | +723% |
| Financial charges | 65/66B | €763 | €689 | -€73 | -9.6% |
| Recurring financial charges | 65 | €763 | €689 | -€73 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | -€16,425 | €46,750 | +€63,175 | |
| Income taxes | 67/77 | - | €10,986 | +€10,986 | |
| Profit (loss) for the period | 9904 | -€16,425 | €35,764 | +€52,189 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,425 | €35,764 | +€52,189 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.