KATRIEN JANS: 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.
KATRIEN JANS
Largest movements
- Cash +€51,061
up €51,061 (+74.2%), from €68,829 to €119,889
mainly Other debts (+€155,939) and Net result for the year (+€57,123)
- Tangible fixed assets -€19,413
down €19,413 (-8.3%), from €234,573 to €215,160
- Other debts +€155,939
up €155,939 (+370%), from €42,177 to €198,115
- Reserves -€103,506
down €103,506 (-25.0%), from €413,874 to €310,369
- Debts after one year -€16,041
down €16,041 (-18.4%), from €87,191 to €71,150
- Gross operating margin -€41,348
down €41,348 (-16.3%), from €254,263 to €212,915
- Taxes -€13,724
down €13,724 (-31.0%), from €44,287 to €30,562
- Financial income -€4,525
down €4,525 (-54.0%), from €8,385 to €3,860
- Staff costs -€3,967
down €3,967 (-4.5%), from €87,355 to €83,388
- Financial charges +€2,869
up €2,869 (+35.5%), from €8,091 to €10,960
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 | €611,625 | €646,741 | +€35,115 | +5.7% |
| Fixed assets | 21/28 | €234,573 | €215,160 | -€19,413 | -8.3% |
| Tangible fixed assets | 22/27 | €234,573 | €215,160 | -€19,413 | -8.3% |
| Land and buildings | 22 | €183,326 | €173,795 | -€9,531 | -5.2% |
| Plant, machinery and equipment | 23 | €33,064 | €23,922 | -€9,143 | -27.7% |
| Furniture and vehicles | 24 | €18,182 | €14,193 | -€3,989 | -21.9% |
| Other tangible fixed assets | 26 | - | €3,250 | +€3,250 | |
| Current assets | 29/58 | €377,052 | €431,581 | +€54,528 | +14.5% |
| Stocks and contracts in progress | 3 | €2,420 | €2,356 | -€64 | -2.6% |
| Stocks | 30/36 | €2,420 | €2,356 | -€64 | -2.6% |
| Amounts receivable within one year | 40/41 | - | €1,104 | +€1,104 | |
| Other amounts receivable | 41 | - | €1,104 | +€1,104 | |
| Current investments | 50/53 | €300,000 | €300,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €68,829 | €119,889 | +€51,061 | +74.2% |
| Deferred charges and accrued income | 490/1 | €5,804 | €8,231 | +€2,427 | +41.8% |
| Total equity and liabilities | 10/49 | €611,625 | €646,741 | +€35,115 | +5.7% |
| Equity | 10/15 | €420,074 | €316,569 | -€103,506 | -24.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €413,874 | €310,369 | -€103,506 | -25.0% |
| Distributable reserves | 133 | €413,874 | €310,369 | -€103,506 | -25.0% |
| Amounts payable | 17/49 | €191,551 | €330,172 | +€138,621 | +72.4% |
| Amounts payable after more than one year | 17 | €87,191 | €71,150 | -€16,041 | -18.4% |
| Financial debts | 170/4 | €87,191 | €71,150 | -€16,041 | -18.4% |
| Amounts payable within one year | 42/48 | €85,418 | €243,794 | +€158,376 | +185% |
| Current portion of amounts payable after more than one year | 42 | €15,397 | €16,041 | +€643 | +4.2% |
| Trade debts | 44 | €11,053 | €13,233 | +€2,180 | +19.7% |
| Suppliers | 440/4 | €11,053 | €13,233 | +€2,180 | +19.7% |
| Taxes, remuneration and social security | 45 | €16,791 | €16,405 | -€386 | -2.3% |
| Taxes | 450/3 | €5,817 | €5,817 | = | 0.0% |
| Remuneration and social security | 454/9 | €10,973 | €10,587 | -€386 | -3.5% |
| Other amounts payable | 47/48 | €42,177 | €198,115 | +€155,939 | +370% |
| Accrued charges and deferred income | 492/3 | €18,942 | €15,228 | -€3,714 | -19.6% |
| Non-recurring operating income | 76A | - | €15,100 | +€15,100 | |
| Remuneration, social security and pensions | 62 | €87,355 | €83,388 | -€3,967 | -4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,781 | €30,624 | +€2,843 | +10.2% |
| Other operating charges | 640/8 | €3,394 | €4,118 | +€724 | +21.3% |
| Gross operating margin | 9900 | €254,263 | €212,915 | -€41,348 | -16.3% |
| Operating profit (loss) | 9901 | €135,733 | €94,785 | -€40,949 | -30.2% |
| Financial income | 75/76B | €8,385 | €3,860 | -€4,525 | -54.0% |
| Recurring financial income | 75 | €8,385 | €3,860 | -€4,525 | -54.0% |
| Financial charges | 65/66B | €8,091 | €10,960 | +€2,869 | +35.5% |
| Recurring financial charges | 65 | €8,091 | €10,960 | +€2,869 | +35.5% |
| Profit (loss) for the period before taxes | 9903 | €136,027 | €87,685 | -€48,342 | -35.5% |
| Income taxes | 67/77 | €44,287 | €30,562 | -€13,724 | -31.0% |
| Profit (loss) for the period | 9904 | €91,741 | €57,123 | -€34,618 | -37.7% |
| Profit (loss) for the period to be appropriated | 9905 | €91,741 | €57,123 | -€34,618 | -37.7% |
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 20 October 2026 via checked.be.