Johnson: 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.
Johnson
Largest movements
- Receivables within one year +€57,658
up €57,658 (+80.0%), from €72,069 to €129,726
of which Other amounts receivable: +€65,343
- Cash +€12,696
up €12,696 (+939.7%), from €1,351 to €14,047
mainly Net result for the year (+€64,217) and Depreciation (+€7,980)
- Tangible fixed assets -€7,980
down €7,980 (-46.6%), from €17,138 to €9,158
- Reserves +€64,217
up €64,217 (+131.1%), from €48,968 to €113,186
- Tax, wage and social debts +€7,178
up €7,178 (+35.0%), from €20,501 to €27,679
- Debts after one year -€5,997
down €5,997 (-100.0%), from €5,997 to €0
- Current portion of long-term debt -€4,135
down €4,135 (-40.8%), from €10,132 to €5,997
- Gross operating margin +€18,041
up €18,041 (+25.6%), from €70,412 to €88,453
- Taxes +€4,902
up €4,902 (+34.8%), from €14,093 to €18,995
- Financial income +€3,463
up €3,463 (+193.2%), from €1,793 to €5,256
- Depreciation +€1,778
up €1,778 (+28.7%), from €6,202 to €7,980
- Other operating charges -€910
down €910 (-39.8%), from €2,286 to €1,376
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.
Cash bridge derived
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 | €91,237 | €153,093 | +€61,856 | +67.8% |
| Fixed assets | 21/28 | €17,138 | €9,158 | -€7,980 | -46.6% |
| Tangible fixed assets | 22/27 | €17,138 | €9,158 | -€7,980 | -46.6% |
| Furniture and vehicles | 24 | €17,138 | €9,158 | -€7,980 | -46.6% |
| Current assets | 29/58 | €74,099 | €143,934 | +€69,835 | +94.2% |
| Amounts receivable within one year | 40/41 | €72,069 | €129,726 | +€57,658 | +80.0% |
| Trade receivables | 40 | €7,685 | €0 | -€7,685 | -100.0% |
| Other amounts receivable | 41 | €64,384 | €129,726 | +€65,343 | +101.5% |
| Cash at bank and in hand | 54/58 | €1,351 | €14,047 | +€12,696 | +939.7% |
| Deferred charges and accrued income | 490/1 | €680 | €161 | -€519 | -76.3% |
| Total equity and liabilities | 10/49 | €91,237 | €153,093 | +€61,856 | +67.8% |
| Equity | 10/15 | €53,968 | €118,186 | +€64,217 | +119.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €48,968 | €113,186 | +€64,217 | +131.1% |
| Distributable reserves | 133 | €48,968 | €113,186 | +€64,217 | +131.1% |
| Amounts payable | 17/49 | €37,269 | €34,907 | -€2,362 | -6.3% |
| Amounts payable after more than one year | 17 | €5,997 | €0 | -€5,997 | -100.0% |
| Financial debts | 170/4 | €5,997 | €0 | -€5,997 | -100.0% |
| Amounts payable within one year | 42/48 | €31,272 | €34,907 | +€3,635 | +11.6% |
| Current portion of amounts payable after more than one year | 42 | €10,132 | €5,997 | -€4,135 | -40.8% |
| Trade debts | 44 | €639 | €1,231 | +€591 | +92.5% |
| Suppliers | 440/4 | €639 | €1,231 | +€591 | +92.5% |
| Taxes, remuneration and social security | 45 | €20,501 | €27,679 | +€7,178 | +35.0% |
| Taxes | 450/3 | €20,501 | €27,679 | +€7,178 | +35.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,202 | €7,980 | +€1,778 | +28.7% |
| Other operating charges | 640/8 | €2,286 | €1,376 | -€910 | -39.8% |
| Gross operating margin | 9900 | €70,412 | €88,453 | +€18,041 | +25.6% |
| Operating profit (loss) | 9901 | €61,925 | €79,097 | +€17,173 | +27.7% |
| Financial income | 75/76B | €1,793 | €5,256 | +€3,463 | +193.2% |
| Recurring financial income | 75 | €1,793 | €5,256 | +€3,463 | +193.2% |
| Financial charges | 65/66B | €657 | €1,142 | +€485 | +73.8% |
| Recurring financial charges | 65 | €657 | €1,142 | +€485 | +73.8% |
| Profit (loss) for the period before taxes | 9903 | €63,061 | €83,212 | +€20,151 | +32.0% |
| Income taxes | 67/77 | €14,093 | €18,995 | +€4,902 | +34.8% |
| Profit (loss) for the period | 9904 | €48,968 | €64,217 | +€15,249 | +31.1% |
| Profit (loss) for the period to be appropriated | 9905 | €48,968 | €64,217 | +€15,249 | +31.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.