J EN J: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
J EN J
Largest movements
- Tangible fixed assets -€4,701
down €4,701 (-51.3%), from €9,163 to €4,463
of which Plant, machinery and equipment: -€2,718
- Receivables within one year +€2,365
up €2,365 (+4.6%), from €51,497 to €53,861
of which Other amounts receivable: +€9,112
- Deferred charges and accrued income -€2,239
down €2,239 (-40.2%), from €5,568 to €3,329
- Cash +€2,003
up €2,003 (+4,492%), from €45 to €2,047
mainly Trade debts (+€6,061) and Depreciation (+€4,320)
- Stocks and contracts -€949
down €949 (-16.7%), from €5,691 to €4,742
- Short-term financial debts -€12,489
no longer reported in 2025 (was €12,489)
- Trade debts +€6,061
up €6,061 (+69.8%), from €8,687 to €14,749
- Tax, wage and social debts +€2,184
up €2,184 (+79.9%), from €2,733 to €4,916
of which Taxes: +€2,184
- Profit (loss) carried forward +€723
up €723 (+3.0%), from -€23,703 to -€22,981
- Gross operating margin +€19,191
up €19,191, from -€6,208 to €12,983
- Other operating charges +€5,797
up €5,797 (+403%), from €1,440 to €7,237
- Financial income +€1,371
up €1,371 (+845%), from €162 to €1,534
- Depreciation -€778
down €778 (-15.3%), from €5,099 to €4,320
- Financial charges +€416
up €416 (+33.1%), from €1,258 to €1,674
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 | €71,964 | €68,443 | -€3,521 | -4.9% |
| Fixed assets | 21/28 | €9,163 | €4,463 | -€4,701 | -51.3% |
| Tangible fixed assets | 22/27 | €9,163 | €4,463 | -€4,701 | -51.3% |
| Plant, machinery and equipment | 23 | €5,654 | €2,936 | -€2,718 | -48.1% |
| Furniture and vehicles | 24 | €3,509 | €1,527 | -€1,982 | -56.5% |
| Current assets | 29/58 | €62,800 | €63,980 | +€1,180 | +1.9% |
| Stocks and contracts in progress | 3 | €5,691 | €4,742 | -€949 | -16.7% |
| Stocks | 30/36 | €5,691 | €4,742 | -€949 | -16.7% |
| Amounts receivable within one year | 40/41 | €51,497 | €53,861 | +€2,365 | +4.6% |
| Trade receivables | 40 | €17,257 | €10,509 | -€6,747 | -39.1% |
| Other amounts receivable | 41 | €34,240 | €43,352 | +€9,112 | +26.6% |
| Cash at bank and in hand | 54/58 | €45 | €2,047 | +€2,003 | +4,492% |
| Deferred charges and accrued income | 490/1 | €5,568 | €3,329 | -€2,239 | -40.2% |
| Total equity and liabilities | 10/49 | €71,964 | €68,443 | -€3,521 | -4.9% |
| Equity | 10/15 | €48,054 | €48,777 | +€723 | +1.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €59,357 | €59,357 | = | 0.0% |
| Tax-exempt reserves | 132 | €284 | €284 | = | 0.0% |
| Distributable reserves | 133 | €59,073 | €59,073 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,703 | -€22,981 | +€723 | +3.0% |
| Amounts payable | 17/49 | €23,910 | €19,666 | -€4,244 | -17.7% |
| Amounts payable within one year | 42/48 | €23,910 | €19,666 | -€4,244 | -17.7% |
| Financial debts | 43 | €12,489 | - | -€12,489 | |
| Credit institutions | 430/8 | €12,489 | - | -€12,489 | |
| Trade debts | 44 | €8,687 | €14,749 | +€6,061 | +69.8% |
| Suppliers | 440/4 | €8,687 | €14,749 | +€6,061 | +69.8% |
| Taxes, remuneration and social security | 45 | €2,733 | €4,916 | +€2,184 | +79.9% |
| Taxes | 450/3 | €9 | €2,192 | +€2,184 | +25,215% |
| Remuneration and social security | 454/9 | €2,724 | €2,724 | +€0 | 0.0% |
| Other amounts payable | 47/48 | €1 | €1 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €492 | €346 | -€146 | -29.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,099 | €4,320 | -€778 | -15.3% |
| Other operating charges | 640/8 | €1,440 | €7,237 | +€5,797 | +403% |
| Gross operating margin | 9900 | -€6,208 | €12,983 | +€19,191 | |
| Operating profit (loss) | 9901 | -€13,239 | €1,080 | +€14,318 | |
| Financial income | 75/76B | €162 | €1,534 | +€1,371 | +845% |
| Recurring financial income | 75 | €162 | €1,534 | +€1,371 | +845% |
| Financial charges | 65/66B | €1,258 | €1,674 | +€416 | +33.1% |
| Recurring financial charges | 65 | €1,258 | €1,674 | +€416 | +33.1% |
| Profit (loss) for the period before taxes | 9903 | -€14,334 | €940 | +€15,274 | |
| Income taxes | 67/77 | €220 | €217 | -€3 | -1.5% |
| Profit (loss) for the period | 9904 | -€14,554 | €723 | +€15,277 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,554 | €723 | +€15,277 |
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 1 November 2026 via checked.be.