JANSSENS 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.
JANSSENS PATRICK
Largest movements
- Cash +€23,055
up €23,055 (+26.1%), from €88,257 to €111,311
mainly Net result for the year (+€40,908) and Stocks and contracts (+€7,728)
- Receivables within one year +€7,799
up €7,799 (+57.2%), from €13,634 to €21,433
of which Trade receivables: +€13,341
- Stocks and contracts -€7,728
down €7,728 (-86.5%), from €8,936 to €1,209
of which Contracts in progress: -€7,300
- Reserves +€38,492
up €38,492 (+87.7%), from €43,868 to €82,360
- Other debts -€21,416
down €21,416 (-55.7%), from €38,426 to €17,011
- Tax, wage and social debts +€5,039
up €5,039 (+49.1%), from €10,254 to €15,293
of which Taxes: +€4,906
- Gross operating margin +€34,682
up €34,682 (+22.5%), from €154,016 to €188,698
- Taxes +€11,626
up €11,626 (+303%), from €3,833 to €15,459
- Staff costs +€2,678
up €2,678 (+2.1%), from €127,734 to €130,412
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 | €114,637 | €136,682 | +€22,045 | +19.2% |
| Fixed assets | 21/28 | €3,613 | €2,527 | -€1,086 | -30.1% |
| Tangible fixed assets | 22/27 | €3,613 | €2,527 | -€1,086 | -30.1% |
| Plant, machinery and equipment | 23 | €3,016 | €2,313 | -€703 | -23.3% |
| Furniture and vehicles | 24 | €598 | €214 | -€383 | -64.1% |
| Current assets | 29/58 | €111,024 | €134,155 | +€23,131 | +20.8% |
| Stocks and contracts in progress | 3 | €8,936 | €1,209 | -€7,728 | -86.5% |
| Stocks | 30/36 | €1,636 | €1,209 | -€428 | -26.1% |
| Contracts in progress | 37 | €7,300 | €0 | -€7,300 | -100% |
| Amounts receivable within one year | 40/41 | €13,634 | €21,433 | +€7,799 | +57.2% |
| Trade receivables | 40 | €4,434 | €17,775 | +€13,341 | +301% |
| Other amounts receivable | 41 | €9,200 | €3,658 | -€5,542 | -60.2% |
| Cash at bank and in hand | 54/58 | €88,257 | €111,311 | +€23,055 | +26.1% |
| Deferred charges and accrued income | 490/1 | €197 | €203 | +€6 | +3.0% |
| Total equity and liabilities | 10/49 | €114,637 | €136,682 | +€22,045 | +19.2% |
| Equity | 10/15 | €62,468 | €100,960 | +€38,492 | +61.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €43,868 | €82,360 | +€38,492 | +87.7% |
| Distributable reserves | 133 | €43,868 | €82,360 | +€38,492 | +87.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €52,168 | €35,722 | -€16,447 | -31.5% |
| Amounts payable within one year | 42/48 | €52,003 | €35,557 | -€16,447 | -31.6% |
| Trade debts | 44 | €3,323 | €3,253 | -€70 | -2.1% |
| Suppliers | 440/4 | €3,323 | €3,253 | -€70 | -2.1% |
| Taxes, remuneration and social security | 45 | €10,254 | €15,293 | +€5,039 | +49.1% |
| Taxes | 450/3 | €2,322 | €7,229 | +€4,906 | +211% |
| Remuneration and social security | 454/9 | €7,932 | €8,065 | +€133 | +1.7% |
| Other amounts payable | 47/48 | €38,426 | €17,011 | -€21,416 | -55.7% |
| Accrued charges and deferred income | 492/3 | €165 | €165 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €127,734 | €130,412 | +€2,678 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,022 | €1,086 | +€64 | +6.2% |
| Other operating charges | 640/8 | €1,073 | €1,292 | +€219 | +20.4% |
| Gross operating margin | 9900 | €154,016 | €188,698 | +€34,682 | +22.5% |
| Operating profit (loss) | 9901 | €24,186 | €55,908 | +€31,721 | +131% |
| Financial income | 75/76B | €137 | €765 | +€628 | +459% |
| Recurring financial income | 75 | €137 | €765 | +€628 | +459% |
| Financial charges | 65/66B | €126 | €306 | +€180 | +144% |
| Recurring financial charges | 65 | €126 | €306 | +€180 | +144% |
| Profit (loss) for the period before taxes | 9903 | €24,198 | €56,367 | +€32,169 | +133% |
| Income taxes | 67/77 | €3,833 | €15,459 | +€11,626 | +303% |
| Profit (loss) for the period | 9904 | €20,365 | €40,908 | +€20,543 | +101% |
| Profit (loss) for the period to be appropriated | 9905 | €20,365 | €40,908 | +€20,543 | +101% |
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 18 October 2026 via checked.be.