J.E.N.J.: 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.
J.E.N.J.
Largest movements
- Cash +€62,862
up €62,862 (+33.9%), from €185,537 to €248,399
mainly Net result for the year (+€82,541) and Depreciation (+€12,738)
- Tangible fixed assets -€4,338
down €4,338 (-19.9%), from €21,844 to €17,506
of which Leasing and similar rights: -€11,041
- Reserves +€82,541
up €82,541 (+50.0%), from €165,040 to €247,581
- Tax, wage and social debts -€9,889
down €9,889 (-24.4%), from €40,571 to €30,682
- Debts after one year -€6,756
no longer reported in 2025 (was €6,756)
- Current portion of long-term debt -€4,654
down €4,654 (-41.9%), from €11,117 to €6,463
- Trade debts -€3,155
down €3,155 (-88.0%), from €3,584 to €429
- Gross operating margin -€7,982
down €7,982 (-6.3%), from €126,606 to €118,624
- Taxes -€1,393
down €1,393 (-5.8%), from €23,987 to €22,594
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 | €229,250 | €287,786 | +€58,536 | +25.5% |
| Fixed assets | 21/28 | €21,844 | €17,506 | -€4,338 | -19.9% |
| Tangible fixed assets | 22/27 | €21,844 | €17,506 | -€4,338 | -19.9% |
| Plant, machinery and equipment | 23 | - | €8,170 | +€8,170 | |
| Furniture and vehicles | 24 | €4,998 | €3,530 | -€1,468 | -29.4% |
| Leasing and similar rights | 25 | €16,846 | €5,806 | -€11,041 | -65.5% |
| Current assets | 29/58 | €207,406 | €270,280 | +€62,874 | +30.3% |
| Amounts receivable within one year | 40/41 | €19,463 | €19,898 | +€435 | +2.2% |
| Trade receivables | 40 | €17,160 | €19,898 | +€2,738 | +16.0% |
| Other amounts receivable | 41 | €2,303 | - | -€2,303 | |
| Cash at bank and in hand | 54/58 | €185,537 | €248,399 | +€62,862 | +33.9% |
| Deferred charges and accrued income | 490/1 | €2,406 | €1,982 | -€423 | -17.6% |
| Total equity and liabilities | 10/49 | €229,250 | €287,786 | +€58,536 | +25.5% |
| Equity | 10/15 | €167,040 | €249,581 | +€82,541 | +49.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €165,040 | €247,581 | +€82,541 | +50.0% |
| Distributable reserves | 133 | €165,040 | €247,581 | +€82,541 | +50.0% |
| Amounts payable | 17/49 | €62,210 | €38,204 | -€24,006 | -38.6% |
| Amounts payable after more than one year | 17 | €6,756 | - | -€6,756 | |
| Financial debts | 170/4 | €6,756 | - | -€6,756 | |
| Amounts payable within one year | 42/48 | €55,272 | €38,204 | -€17,068 | -30.9% |
| Current portion of amounts payable after more than one year | 42 | €11,117 | €6,463 | -€4,654 | -41.9% |
| Trade debts | 44 | €3,584 | €429 | -€3,155 | -88.0% |
| Suppliers | 440/4 | €3,584 | €429 | -€3,155 | -88.0% |
| Taxes, remuneration and social security | 45 | €40,571 | €30,682 | -€9,889 | -24.4% |
| Taxes | 450/3 | €40,571 | €30,682 | -€9,889 | -24.4% |
| Other amounts payable | 47/48 | - | €630 | +€630 | |
| Accrued charges and deferred income | 492/3 | €182 | - | -€182 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,994 | €12,738 | +€745 | +6.2% |
| Other operating charges | 640/8 | €141 | €144 | +€4 | +2.6% |
| Gross operating margin | 9900 | €126,606 | €118,624 | -€7,982 | -6.3% |
| Operating profit (loss) | 9901 | €114,472 | €105,741 | -€8,731 | -7.6% |
| Financial income | 75/76B | €53 | - | -€53 | |
| Recurring financial income | 75 | €53 | - | -€53 | |
| Financial charges | 65/66B | €727 | €606 | -€122 | -16.7% |
| Recurring financial charges | 65 | €727 | €606 | -€122 | -16.7% |
| Profit (loss) for the period before taxes | 9903 | €113,797 | €105,136 | -€8,662 | -7.6% |
| Income taxes | 67/77 | €23,987 | €22,594 | -€1,393 | -5.8% |
| Profit (loss) for the period | 9904 | €89,810 | €82,541 | -€7,269 | -8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €89,810 | €82,541 | -€7,269 | -8.1% |
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 2 October 2026 via checked.be.