JANUS DEVELOPMENT: what changed
Two fiscal 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 DEVELOPMENT
Largest movements
- Receivables within one year -€20,894
down €20,894 (-12.6%), from €165,991 to €145,097
of which Trade receivables: -€15,851
- Cash -€12,553
down €12,553 (-99.4%), from €12,631 to €78
mainly Trade debts (-€27,027) and Tax, wage and social debts (-€23,566)
- Tangible fixed assets -€12,504
down €12,504 (-100.0%), from €12,504 to €0
- Trade debts -€27,027
down €27,027 (-92.0%), from €29,389 to €2,362
- Tax, wage and social debts -€23,566
down €23,566 (-65.1%), from €36,212 to €12,647
- Profit (loss) carried forward +€5,315
up €5,315 (+4.9%), from €107,479 to €112,794
- Gross operating margin -€20,044
down €20,044 (-90.0%), from €22,267 to €2,222
- Depreciation -€5,470
down €5,470 (-100.0%), from €5,470 to €0
- Taxes -€4,818
down €4,818 (-72.7%), from €6,628 to €1,810
- Financial income +€797
up €797 (+10.4%), from €7,694 to €8,491
- Financial charges +€386
up €386 (+113.1%), from €341 to €727
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €191,672 | €146,394 | -€45,278 | -23.6% |
| Fixed assets | 21/28 | €12,504 | €0 | -€12,504 | -100.0% |
| Tangible fixed assets | 22/27 | €12,504 | €0 | -€12,504 | -100.0% |
| Furniture and vehicles | 24 | €12,504 | €0 | -€12,504 | -100.0% |
| Current assets | 29/58 | €179,168 | €146,394 | -€32,774 | -18.3% |
| Amounts receivable within one year | 40/41 | €165,991 | €145,097 | -€20,894 | -12.6% |
| Trade receivables | 40 | €16,601 | €750 | -€15,851 | -95.5% |
| Other amounts receivable | 41 | €149,389 | €144,347 | -€5,042 | -3.4% |
| Cash at bank and in hand | 54/58 | €12,631 | €78 | -€12,553 | -99.4% |
| Deferred charges and accrued income | 490/1 | €546 | €1,219 | +€673 | +123.2% |
| Total equity and liabilities | 10/49 | €191,672 | €146,394 | -€45,278 | -23.6% |
| Equity | 10/15 | €126,071 | €131,386 | +€5,315 | +4.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | €107,479 | €112,794 | +€5,315 | +4.9% |
| Amounts payable | 17/49 | €65,601 | €15,008 | -€50,593 | -77.1% |
| Amounts payable within one year | 42/48 | €65,601 | €15,008 | -€50,593 | -77.1% |
| Trade debts | 44 | €29,389 | €2,362 | -€27,027 | -92.0% |
| Suppliers | 440/4 | €29,389 | €2,362 | -€27,027 | -92.0% |
| Taxes, remuneration and social security | 45 | €36,212 | €12,647 | -€23,566 | -65.1% |
| Taxes | 450/3 | €36,212 | €12,647 | -€23,566 | -65.1% |
| Non-recurring operating income | 76A | €1,576 | €3,325 | +€1,749 | +111.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,470 | €0 | -€5,470 | -100.0% |
| Other operating charges | 640/8 | €1,973 | €1,832 | -€141 | -7.1% |
| Non-recurring operating charges | 66A | - | €1,029 | +€1,029 | |
| Gross operating margin | 9900 | €22,267 | €2,222 | -€20,044 | -90.0% |
| Operating profit (loss) | 9901 | €14,824 | -€639 | -€15,463 | |
| Financial income | 75/76B | €7,694 | €8,491 | +€797 | +10.4% |
| Recurring financial income | 75 | €7,694 | €8,491 | +€797 | +10.4% |
| Financial charges | 65/66B | €341 | €727 | +€386 | +113.1% |
| Recurring financial charges | 65 | €341 | €727 | +€386 | +113.1% |
| Profit (loss) for the period before taxes | 9903 | €22,177 | €7,125 | -€15,052 | -67.9% |
| Income taxes | 67/77 | €6,628 | €1,810 | -€4,818 | -72.7% |
| Profit (loss) for the period | 9904 | €15,549 | €5,315 | -€10,234 | -65.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,549 | €5,315 | -€10,234 | -65.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.