THIJS JOHNNY: 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.
THIJS JOHNNY
Largest movements
- Current investments +€521,571
up €521,571 (+31.3%), from €1.7m to €2.2m
- Cash -€199,240
down €199,240 (-32.0%), from €623,410 to €424,170
mainly Current investments (-€521,571) and Tax, wage and social debts (-€63,011)
- Tangible fixed assets -€131,779
down €131,779 (-3.5%), from €3.7m to €3.6m
of which Land and buildings: -€91,938
- Reserves +€288,983
up €288,983 (+44.5%), from €648,923 to €937,906
of which Distributable reserves: +€288,983
- Gross operating margin -€198,393
down €198,393 (-29.5%), from €673,237 to €474,844
- Financial income +€69,715
up €69,715 (+152%), from €45,841 to €115,556
of which Financial income: +€49,734
- Taxes -€39,716
down €39,716 (-21.8%), from €182,231 to €142,514
- Financial charges +€19,427
up €19,427 (+223%), from €8,705 to €28,132
- Depreciation -€19,012
down €19,012 (-14.3%), from €132,703 to €113,691
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 | €6,128,138 | €6,314,754 | +€186,616 | +3.0% |
| Fixed assets | 21/28 | €3,733,059 | €3,601,280 | -€131,779 | -3.5% |
| Tangible fixed assets | 22/27 | €3,732,417 | €3,600,638 | -€131,779 | -3.5% |
| Land and buildings | 22 | €3,561,995 | €3,470,057 | -€91,938 | -2.6% |
| Plant, machinery and equipment | 23 | €141,161 | €129,058 | -€12,103 | -8.6% |
| Furniture and vehicles | 24 | €29,261 | €1,523 | -€27,738 | -94.8% |
| Financial fixed assets | 28 | €642 | €642 | = | 0.0% |
| Current assets | 29/58 | €2,395,079 | €2,713,474 | +€318,395 | +13.3% |
| Amounts receivable within one year | 40/41 | €100,268 | €98,146 | -€2,122 | -2.1% |
| Trade receivables | 40 | €91,158 | €98,146 | +€6,988 | +7.7% |
| Other amounts receivable | 41 | €9,109 | - | -€9,109 | |
| Current investments | 50/53 | €1,665,983 | €2,187,554 | +€521,571 | +31.3% |
| Cash at bank and in hand | 54/58 | €623,410 | €424,170 | -€199,240 | -32.0% |
| Deferred charges and accrued income | 490/1 | €5,418 | €3,604 | -€1,814 | -33.5% |
| Total equity and liabilities | 10/49 | €6,128,138 | €6,314,754 | +€186,616 | +3.0% |
| Equity | 10/15 | €5,959,443 | €6,248,426 | +€288,983 | +4.8% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €648,923 | €937,906 | +€288,983 | +44.5% |
| Tax-exempt reserves | 132 | €7,000 | €7,000 | = | 0.0% |
| Distributable reserves | 133 | €641,923 | €930,906 | +€288,983 | +45.0% |
| Profit (loss) carried forward | 14 | €5,303,520 | €5,303,520 | +€0 | 0.0% |
| Amounts payable | 17/49 | €168,695 | €66,327 | -€102,367 | -60.7% |
| Amounts payable within one year | 42/48 | €161,569 | €60,925 | -€100,644 | -62.3% |
| Trade debts | 44 | €18,983 | €16,536 | -€2,447 | -12.9% |
| Suppliers | 440/4 | €18,983 | €16,536 | -€2,447 | -12.9% |
| Advances received on contracts in progress | 46 | €1,585 | €1,453 | -€132 | -8.3% |
| Taxes, remuneration and social security | 45 | €96,325 | €33,314 | -€63,011 | -65.4% |
| Taxes | 450/3 | €96,325 | €33,314 | -€63,011 | -65.4% |
| Other amounts payable | 47/48 | €44,676 | €9,622 | -€35,054 | -78.5% |
| Accrued charges and deferred income | 492/3 | €7,126 | €5,403 | -€1,723 | -24.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €132,703 | €113,691 | -€19,012 | -14.3% |
| Other operating charges | 640/8 | €15,734 | €17,078 | +€1,345 | +8.5% |
| Gross operating margin | 9900 | €673,237 | €474,844 | -€198,393 | -29.5% |
| Operating profit (loss) | 9901 | €524,800 | €344,074 | -€180,726 | -34.4% |
| Financial income | 75/76B | €45,841 | €115,556 | +€69,715 | +152% |
| Recurring financial income | 75 | €45,841 | €95,575 | +€49,734 | +108% |
| Non-recurring financial income | 76B | - | €19,980 | +€19,980 | |
| Financial charges | 65/66B | €8,705 | €28,132 | +€19,427 | +223% |
| Recurring financial charges | 65 | €8,705 | €28,132 | +€19,427 | +223% |
| Profit (loss) for the period before taxes | 9903 | €561,936 | €431,498 | -€130,438 | -23.2% |
| Income taxes | 67/77 | €182,231 | €142,514 | -€39,716 | -21.8% |
| Profit (loss) for the period | 9904 | €379,705 | €288,983 | -€90,722 | -23.9% |
| Profit (loss) for the period to be appropriated | 9905 | €379,705 | €288,983 | -€90,722 | -23.9% |
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 19 October 2026 via checked.be.