Janus and Janus: 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.
Janus and Janus
Largest movements
- Cash +€2,757
up €2,757 (+39.5%), from €6,975 to €9,732
mainly Other debts (+€7,966) and Trade debts (+€4,757)
- Tangible fixed assets +€1,115
up €1,115 (+88.8%), from €1,256 to €2,371
- Deferred charges and accrued income -€492
no longer reported in 2025 (was €492)
- Profit (loss) carried forward -€8,185
down €8,185 (-15.2%), from -€53,682 to -€61,867
- Other debts +€7,966
new in 2025: €7,966
- Trade debts +€4,757
up €4,757 (+88.0%), from €5,407 to €10,165
- Short-term financial debts -€2,946
down €2,946 (-14.8%), from €19,934 to €16,987
- Tax, wage and social debts +€828
up €828 (+12.5%), from €6,601 to €7,428
of which Remuneration and social security: +€607
- Gross operating margin -€4,069
down €4,069 (-7.5%), from €54,602 to €50,533
- Staff costs -€2,226
down €2,226 (-4.1%), from €54,085 to €51,859
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 | €41,076 | €44,315 | +€3,240 | +7.9% |
| Fixed assets | 21/28 | €27,672 | €28,787 | +€1,115 | +4.0% |
| Tangible fixed assets | 22/27 | €1,256 | €2,371 | +€1,115 | +88.8% |
| Plant, machinery and equipment | 23 | €1,256 | €2,371 | +€1,115 | +88.8% |
| Financial fixed assets | 28 | €26,416 | €26,416 | = | 0.0% |
| Current assets | 29/58 | €13,403 | €15,528 | +€2,125 | +15.9% |
| Stocks and contracts in progress | 3 | €5,936 | €5,795 | -€141 | -2.4% |
| Stocks | 30/36 | €5,936 | €5,795 | -€141 | -2.4% |
| Cash at bank and in hand | 54/58 | €6,975 | €9,732 | +€2,757 | +39.5% |
| Deferred charges and accrued income | 490/1 | €492 | - | -€492 | |
| Total equity and liabilities | 10/49 | €41,076 | €44,315 | +€3,240 | +7.9% |
| Equity | 10/15 | €5,521 | -€2,664 | -€8,185 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €40,603 | €40,603 | = | 0.0% |
| Distributable reserves | 133 | €40,603 | €40,603 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,682 | -€61,867 | -€8,185 | -15.2% |
| Amounts payable | 17/49 | €35,555 | €46,980 | +€11,425 | +32.1% |
| Amounts payable within one year | 42/48 | €31,941 | €42,546 | +€10,605 | +33.2% |
| Financial debts | 43 | €19,934 | €16,987 | -€2,946 | -14.8% |
| Credit institutions | 430/8 | €19,934 | €16,987 | -€2,946 | -14.8% |
| Trade debts | 44 | €5,407 | €10,165 | +€4,757 | +88.0% |
| Suppliers | 440/4 | €5,407 | €10,165 | +€4,757 | +88.0% |
| Taxes, remuneration and social security | 45 | €6,601 | €7,428 | +€828 | +12.5% |
| Taxes | 450/3 | €3,189 | €3,409 | +€221 | +6.9% |
| Remuneration and social security | 454/9 | €3,412 | €4,019 | +€607 | +17.8% |
| Other amounts payable | 47/48 | - | €7,966 | +€7,966 | |
| Accrued charges and deferred income | 492/3 | €3,613 | €4,433 | +€820 | +22.7% |
| Non-recurring operating income | 76A | - | €350 | +€350 | |
| Remuneration, social security and pensions | 62 | €54,085 | €51,859 | -€2,226 | -4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €745 | €735 | -€11 | -1.4% |
| Other operating charges | 640/8 | €2,587 | €2,100 | -€487 | -18.8% |
| Gross operating margin | 9900 | €54,602 | €50,533 | -€4,069 | -7.5% |
| Operating profit (loss) | 9901 | -€2,815 | -€4,161 | -€1,346 | -47.8% |
| Financial income | 75/76B | €109 | €265 | +€156 | +144% |
| Recurring financial income | 75 | €109 | €265 | +€156 | +144% |
| Financial charges | 65/66B | €4,399 | €4,148 | -€250 | -5.7% |
| Recurring financial charges | 65 | €4,399 | €4,148 | -€250 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | -€7,105 | -€8,044 | -€939 | -13.2% |
| Income taxes | 67/77 | €139 | €141 | +€1 | +1.1% |
| Profit (loss) for the period | 9904 | -€7,244 | -€8,185 | -€941 | -13.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,244 | -€8,185 | -€941 | -13.0% |
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 23 October 2026 via checked.be.