JOERI JANSSENS: 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.
What changed
JOERI JANSSENS
NACE 56.112, Limited-service restaurants, excluding mobile food services
financial year 2026 compared with 2025filed annual accounts (NBB)
Net result for the year
€48,599
2025 · €40,249+€8,350
Equity
€318,634
2025 · €270,035+€48,599
Cash
€77,612
2025 · €60,036+€17,576
Balance sheet total
€495,673
2025 · €466,137+€29,536
Largest movements
Assets
- Cash +€17,576
up €17,576 (+29.3%), from €60,036 to €77,612
mainly Net result for the year (+€48,599) and Depreciation (+€15,861)
- Tangible fixed assets +€17,388
up €17,388 (+5.1%), from €343,911 to €361,300
of which Land and buildings: +€15,715
Equity and liabilities
- Reserves +€48,599
up €48,599 (+29.8%), from €162,875 to €211,474
- Debts after one year -€21,239
down €21,239 (-15.1%), from €141,112 to €119,873
Income statement
- Gross operating margin +€32,118
up €32,118 (+20.2%), from €158,815 to €190,933
- Staff costs +€22,359
up €22,359 (+30.1%), from €74,161 to €96,520
- Taxes +€7,100
up €7,100 (+56.1%), from €12,654 to €19,754
- Financial income +€3,692
up €3,692 (+228%), from €1,620 to €5,313
- Financial charges -€3,106
down €3,106 (-20.6%), from €15,107 to €12,001
From the 2025 result to the 2026 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.
Result 2025
€40,249
Gross operating margin
+€32,118
Staff costs
-€22,359
Depreciation
-€1,311
Other operating charges
+€203
Financial income
+€3,692
Financial charges
+€3,106
Taxes
-€7,100
Result 2026
€48,599
raises the resultlowers the result
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€70,264
Investment
-€30,260
Financing
-€22,429
Cash 2025
€60,036
From operations (derived)
+€70,264
Net result for the year
+€48,599
Depreciation
+€15,861
Receivables after one year
+€888
Stocks and contracts
+€53
Receivables within one year
+€1,148
Deferred charges and accrued income
+€349
Trade debts
+€1,446
Tax, wage and social debts
+€2,466
Other debts
-€546
Investment (derived)
-€30,260
Investment in fixed assets (net)
-€33,249
Current investments
+€2,989
Financing
-€22,429
Debts after one year
-€21,239
Current portion of long-term debt
+€676
Short-term financial debts
-€1,867
Cash 2026
€77,612
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €466,137 | €495,673 | +€29,536 | +6.3% |
| Fixed assets | 21/28 | €343,911 | €361,300 | +€17,388 | +5.1% |
| Tangible fixed assets | 22/27 | €343,911 | €361,300 | +€17,388 | +5.1% |
| Land and buildings | 22 | €291,591 | €307,305 | +€15,715 | +5.4% |
| Plant, machinery and equipment | 23 | €48,763 | €49,083 | +€321 | +0.7% |
| Furniture and vehicles | 24 | €3,558 | €4,911 | +€1,353 | +38.0% |
| Current assets | 29/58 | €122,226 | €134,374 | +€12,148 | +9.9% |
| Amounts receivable after more than one year | 29 | €888 | €0 | -€888 | -100% |
| Other amounts receivable | 291 | €888 | €0 | -€888 | -100% |
| Stocks and contracts in progress | 3 | €6,439 | €6,386 | -€53 | -0.8% |
| Stocks | 30/36 | €6,439 | €6,386 | -€53 | -0.8% |
| Amounts receivable within one year | 40/41 | €4,570 | €3,423 | -€1,148 | -25.1% |
| Trade receivables | 40 | €1,877 | €1,451 | -€425 | -22.7% |
| Other amounts receivable | 41 | €2,694 | €1,971 | -€723 | -26.8% |
| Current investments | 50/53 | €46,459 | €43,469 | -€2,989 | -6.4% |
| Cash at bank and in hand | 54/58 | €60,036 | €77,612 | +€17,576 | +29.3% |
| Deferred charges and accrued income | 490/1 | €3,833 | €3,483 | -€349 | -9.1% |
| Total equity and liabilities | 10/49 | €466,137 | €495,673 | +€29,536 | +6.3% |
| Equity | 10/15 | €270,035 | €318,634 | +€48,599 | +18.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €88,560 | €88,560 | = | 0.0% |
| Reserves | 13 | €162,875 | €211,474 | +€48,599 | +29.8% |
| Distributable reserves | 133 | €162,875 | €211,474 | +€48,599 | +29.8% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €196,102 | €177,039 | -€19,063 | -9.7% |
| Amounts payable after more than one year | 17 | €141,112 | €119,873 | -€21,239 | -15.1% |
| Financial debts | 170/4 | €141,112 | €119,873 | -€21,239 | -15.1% |
| Amounts payable within one year | 42/48 | €54,990 | €57,166 | +€2,176 | +4.0% |
| Current portion of amounts payable after more than one year | 42 | €20,562 | €21,239 | +€676 | +3.3% |
| Financial debts | 43 | €11,922 | €10,055 | -€1,867 | -15.7% |
| Credit institutions | 430/8 | €11,922 | €10,055 | -€1,867 | -15.7% |
| Trade debts | 44 | €10,736 | €12,182 | +€1,446 | +13.5% |
| Suppliers | 440/4 | €10,736 | €12,182 | +€1,446 | +13.5% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €10,609 | €13,075 | +€2,466 | +23.2% |
| Taxes | 450/3 | €3,445 | €3,842 | +€398 | +11.5% |
| Remuneration and social security | 454/9 | €7,165 | €9,233 | +€2,069 | +28.9% |
| Other amounts payable | 47/48 | €1,161 | €615 | -€546 | -47.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €74,161 | €96,520 | +€22,359 | +30.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,550 | €15,861 | +€1,311 | +9.0% |
| Other operating charges | 640/8 | €3,715 | €3,512 | -€203 | -5.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €158,815 | €190,933 | +€32,118 | +20.2% |
| Operating profit (loss) | 9901 | €66,389 | €75,041 | +€8,652 | +13.0% |
| Financial income | 75/76B | €1,620 | €5,313 | +€3,692 | +228% |
| Recurring financial income | 75 | €1,620 | €5,313 | +€3,692 | +228% |
| Financial charges | 65/66B | €15,107 | €12,001 | -€3,106 | -20.6% |
| Recurring financial charges | 65 | €15,107 | €12,001 | -€3,106 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €52,903 | €68,353 | +€15,450 | +29.2% |
| Income taxes | 67/77 | €12,654 | €19,754 | +€7,100 | +56.1% |
| Profit (loss) for the period | 9904 | €40,249 | €48,599 | +€8,350 | +20.7% |
| Profit (loss) for the period to be appropriated | 9905 | €40,249 | €48,599 | +€8,350 | +20.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.