JOHN-SON: what changed
JOHN-SON
Largest movements
- Current investments +€126,423
up €126,423 (+171%), from €74,000 to €200,423
- Cash -€84,323
down €84,323 (-53.8%), from €156,594 to €72,272
mainly Current investments (-€126,423) and Receivables after one year (-€39,013)
- Receivables after one year +€39,013
up €39,013 (+86.3%), from €45,229 to €84,241
- Receivables within one year -€21,955
down €21,955 (-25.8%), from €85,031 to €63,076
of which Trade receivables: -€21,902
- Tangible fixed assets -€13,506
down €13,506 (-30.2%), from €44,654 to €31,148
of which Furniture and vehicles: -€7,104
- Reserves +€91,692
up €91,692 (+29.1%), from €314,755 to €406,447
- Trade debts -€22,570
down €22,570 (-60.6%), from €37,222 to €14,652
- Tax, wage and social debts -€8,573
down €8,573 (-35.2%), from €24,377 to €15,804
- Debts after one year -€7,745
down €7,745 (-100%), from €7,745 to €0
- Current portion of long-term debt -€5,377
down €5,377 (-41.0%), from €13,122 to €7,745
- Gross operating margin -€3,275
down €3,275 (-1.9%), from €170,714 to €167,439
- Financial income +€2,090
new in 2025: €2,090
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €410,337 | €460,837 | +€50,500 | +12.3% |
| Fixed assets | 21/28 | €44,654 | €31,148 | -€13,506 | -30.2% |
| Tangible fixed assets | 22/27 | €44,654 | €31,148 | -€13,506 | -30.2% |
| Land and buildings | 22 | €15,646 | €10,262 | -€5,384 | -34.4% |
| Plant, machinery and equipment | 23 | €8,519 | €7,501 | -€1,018 | -12.0% |
| Furniture and vehicles | 24 | €20,490 | €13,386 | -€7,104 | -34.7% |
| Current assets | 29/58 | €365,683 | €429,689 | +€64,006 | +17.5% |
| Amounts receivable after more than one year | 29 | €45,229 | €84,241 | +€39,013 | +86.3% |
| Other amounts receivable | 291 | €45,229 | €84,241 | +€39,013 | +86.3% |
| Amounts receivable within one year | 40/41 | €85,031 | €63,076 | -€21,955 | -25.8% |
| Trade receivables | 40 | €84,978 | €63,076 | -€21,902 | -25.8% |
| Other amounts receivable | 41 | €54 | €0 | -€54 | -100% |
| Current investments | 50/53 | €74,000 | €200,423 | +€126,423 | +171% |
| Cash at bank and in hand | 54/58 | €156,594 | €72,272 | -€84,323 | -53.8% |
| Deferred charges and accrued income | 490/1 | €4,829 | €9,678 | +€4,849 | +100% |
| Total equity and liabilities | 10/49 | €410,337 | €460,837 | +€50,500 | +12.3% |
| Equity | 10/15 | €320,955 | €412,647 | +€91,692 | +28.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €314,755 | €406,447 | +€91,692 | +29.1% |
| Distributable reserves | 133 | €314,755 | €406,447 | +€91,692 | +29.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €89,382 | €48,190 | -€41,192 | -46.1% |
| Amounts payable after more than one year | 17 | €7,745 | €0 | -€7,745 | -100% |
| Financial debts | 170/4 | €7,745 | €0 | -€7,745 | -100% |
| Amounts payable within one year | 42/48 | €81,638 | €48,190 | -€33,448 | -41.0% |
| Current portion of amounts payable after more than one year | 42 | €13,122 | €7,745 | -€5,377 | -41.0% |
| Trade debts | 44 | €37,222 | €14,652 | -€22,570 | -60.6% |
| Suppliers | 440/4 | €37,222 | €14,652 | -€22,570 | -60.6% |
| Taxes, remuneration and social security | 45 | €24,377 | €15,804 | -€8,573 | -35.2% |
| Taxes | 450/3 | €24,377 | €15,804 | -€8,573 | -35.2% |
| Other amounts payable | 47/48 | €6,917 | €9,989 | +€3,073 | +44.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,227 | €21,269 | +€1,042 | +5.2% |
| Other operating charges | 640/8 | €1,880 | €1,083 | -€797 | -42.4% |
| Gross operating margin | 9900 | €170,714 | €167,439 | -€3,275 | -1.9% |
| Operating profit (loss) | 9901 | €148,607 | €145,087 | -€3,520 | -2.4% |
| Financial income | 75/76B | - | €2,090 | +€2,090 | |
| Recurring financial income | 75 | - | €2,090 | +€2,090 | |
| Financial charges | 65/66B | €738 | €618 | -€121 | -16.3% |
| Recurring financial charges | 65 | €738 | €618 | -€121 | -16.3% |
| Profit (loss) for the period before taxes | 9903 | €147,868 | €146,559 | -€1,309 | -0.9% |
| Income taxes | 67/77 | €45,134 | €44,878 | -€257 | -0.6% |
| Profit (loss) for the period | 9904 | €102,734 | €101,682 | -€1,052 | -1.0% |
| Profit (loss) for the period to be appropriated | 9905 | €102,734 | €101,682 | -€1,052 | -1.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.