JANVER: 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.
JANVER
Largest movements
- Receivables within one year -€10,953
down €10,953 (-15.2%), from €72,222 to €61,269
of which Other amounts receivable: -€20,953
- Profit (loss) carried forward -€8,341
down €8,341 (-47.6%), from -€17,540 to -€25,881
- Tax, wage and social debts -€4,574
no longer reported in 2025 (was €4,574)
- Gross operating margin +€12,485
up €12,485, from -€9,192 to €3,293
- Financial charges +€2,543
up €2,543 (+30.2%), from €8,413 to €10,956
- Other operating charges +€1,112
up €1,112 (+253%), from €440 to €1,552
- Financial income +€631
up €631 (+88.3%), from €715 to €1,346
- Taxes +€372
new in 2025: €372
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 | €240,092 | €228,999 | -€11,093 | -4.6% |
| Fixed assets | 21/28 | €717 | €617 | -€100 | -13.9% |
| Tangible fixed assets | 22/27 | €717 | €617 | -€100 | -13.9% |
| Land and buildings | 22 | €509 | €509 | = | 0.0% |
| Furniture and vehicles | 24 | €208 | €108 | -€100 | -48.0% |
| Current assets | 29/58 | €239,375 | €228,382 | -€10,993 | -4.6% |
| Stocks and contracts in progress | 3 | €167,108 | €167,108 | = | 0.0% |
| Stocks | 30/36 | €167,108 | €167,108 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €72,222 | €61,269 | -€10,953 | -15.2% |
| Trade receivables | 40 | €3,630 | €13,630 | +€10,000 | +275% |
| Other amounts receivable | 41 | €68,592 | €47,639 | -€20,953 | -30.5% |
| Cash at bank and in hand | 54/58 | €45 | €4 | -€40 | -90.0% |
| Total equity and liabilities | 10/49 | €240,092 | €228,999 | -€11,093 | -4.6% |
| Equity | 10/15 | €24,346 | €16,006 | -€8,341 | -34.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €16,886 | €16,886 | = | 0.0% |
| Distributable reserves | 133 | €16,886 | €16,886 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,540 | -€25,881 | -€8,341 | -47.6% |
| Amounts payable | 17/49 | €215,746 | €212,994 | -€2,752 | -1.3% |
| Amounts payable within one year | 42/48 | €215,746 | €212,994 | -€2,752 | -1.3% |
| Financial debts | 43 | €210,000 | €210,000 | = | 0.0% |
| Credit institutions | 430/8 | €210,000 | €210,000 | = | 0.0% |
| Trade debts | 44 | €1,172 | €2,994 | +€1,821 | +155% |
| Suppliers | 440/4 | €1,172 | €2,994 | +€1,821 | +155% |
| Taxes, remuneration and social security | 45 | €4,574 | - | -€4,574 | |
| Taxes | 450/3 | €4,574 | - | -€4,574 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €210 | €100 | -€110 | -52.4% |
| Other operating charges | 640/8 | €440 | €1,552 | +€1,112 | +253% |
| Gross operating margin | 9900 | -€9,192 | €3,293 | +€12,485 | |
| Operating profit (loss) | 9901 | -€9,842 | €1,641 | +€11,483 | |
| Financial income | 75/76B | €715 | €1,346 | +€631 | +88.3% |
| Recurring financial income | 75 | €715 | €1,346 | +€631 | +88.3% |
| Financial charges | 65/66B | €8,413 | €10,956 | +€2,543 | +30.2% |
| Recurring financial charges | 65 | €8,413 | €10,956 | +€2,543 | +30.2% |
| Profit (loss) for the period before taxes | 9903 | -€17,540 | -€7,969 | +€9,571 | +54.6% |
| Income taxes | 67/77 | - | €372 | +€372 | |
| Profit (loss) for the period | 9904 | -€17,540 | -€8,341 | +€9,199 | +52.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,540 | -€8,341 | +€9,199 | +52.4% |
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 14 October 2026 via checked.be.