JANSSENS KURT: 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 KURT
Largest movements
- Cash +€41,239
up €41,239 (+70.8%), from €58,270 to €99,510
mainly Net result for the year (+€84,515) and Depreciation (+€8,706)
- Tangible fixed assets +€32,152
up €32,152 (+284%), from €11,328 to €43,480
of which Furniture and vehicles: +€33,115
- Receivables within one year -€5,381
down €5,381 (-11.8%), from €45,595 to €40,215
of which Trade receivables: -€8,773
- Reserves +€69,515
up €69,515 (+306%), from €22,721 to €92,236
- Trade debts -€5,774
down €5,774 (-23.7%), from €24,382 to €18,608
- Tax, wage and social debts +€3,140
up €3,140 (+21.0%), from €14,970 to €18,110
of which Remuneration and social security: +€3,918
- Gross operating margin +€97,739
up €97,739 (+206%), from €47,418 to €145,157
- Staff costs +€18,519
up €18,519, from €0 to €18,519
- Taxes +€18,036
up €18,036 (+210%), from €8,572 to €26,607
- Depreciation +€7,103
up €7,103 (+443%), from €1,603 to €8,706
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 | €115,194 | €183,204 | +€68,011 | +59.0% |
| Fixed assets | 21/28 | €11,328 | €43,480 | +€32,152 | +284% |
| Tangible fixed assets | 22/27 | €11,328 | €43,480 | +€32,152 | +284% |
| Plant, machinery and equipment | 23 | €572 | €116 | -€457 | -79.8% |
| Furniture and vehicles | 24 | €1,204 | €34,319 | +€33,115 | +2,750% |
| Other tangible fixed assets | 26 | €9,552 | €9,046 | -€506 | -5.3% |
| Current assets | 29/58 | €103,866 | €139,724 | +€35,859 | +34.5% |
| Amounts receivable within one year | 40/41 | €45,595 | €40,215 | -€5,381 | -11.8% |
| Trade receivables | 40 | €45,595 | €36,822 | -€8,773 | -19.2% |
| Other amounts receivable | 41 | €0 | €3,393 | +€3,393 | |
| Cash at bank and in hand | 54/58 | €58,270 | €99,510 | +€41,239 | +70.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €115,194 | €183,204 | +€68,011 | +59.0% |
| Equity | 10/15 | €34,480 | €103,995 | +€69,515 | +202% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €22,721 | €92,236 | +€69,515 | +306% |
| Distributable reserves | 133 | €22,721 | €92,236 | +€69,515 | +306% |
| Profit (loss) carried forward | 14 | €5,559 | €5,559 | = | 0.0% |
| Amounts payable | 17/49 | €80,714 | €79,209 | -€1,505 | -1.9% |
| Amounts payable within one year | 42/48 | €80,714 | €79,209 | -€1,505 | -1.9% |
| Trade debts | 44 | €24,382 | €18,608 | -€5,774 | -23.7% |
| Suppliers | 440/4 | €24,382 | €18,608 | -€5,774 | -23.7% |
| Taxes, remuneration and social security | 45 | €14,970 | €18,110 | +€3,140 | +21.0% |
| Taxes | 450/3 | €14,970 | €14,192 | -€778 | -5.2% |
| Remuneration and social security | 454/9 | - | €3,918 | +€3,918 | |
| Other amounts payable | 47/48 | €41,361 | €42,491 | +€1,130 | +2.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €1,000 | €15,000 | +€14,000 | +1,400% |
| Remuneration, social security and pensions | 62 | €0 | €18,519 | +€18,519 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,603 | €8,706 | +€7,103 | +443% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €3,402 | €4,794 | +€1,392 | +40.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €47,418 | €145,157 | +€97,739 | +206% |
| Operating profit (loss) | 9901 | €42,414 | €113,138 | +€70,725 | +167% |
| Financial income | 75/76B | €35 | €13 | -€21 | -62.0% |
| Recurring financial income | 75 | €35 | €13 | -€21 | -62.0% |
| Financial charges | 65/66B | €2,293 | €2,029 | -€264 | -11.5% |
| Recurring financial charges | 65 | €2,293 | €2,029 | -€264 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | €40,155 | €111,122 | +€70,967 | +177% |
| Income taxes | 67/77 | €8,572 | €26,607 | +€18,036 | +210% |
| Profit (loss) for the period | 9904 | €31,584 | €84,515 | +€52,932 | +168% |
| Profit (loss) for the period to be appropriated | 9905 | €31,584 | €84,515 | +€52,932 | +168% |
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 31 October 2026 via checked.be.