JANNELLA: 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.
JANNELLA
Largest movements
- Cash -€297,488
down €297,488 (-80.2%), from €370,876 to €73,388
mainly Contributions, distributions and other (-€326,728) and Receivables within one year (-€205,535)
- Receivables within one year +€205,535
up €205,535 (+1,317%), from €15,607 to €221,142
of which Other amounts receivable: +€212,696
- Reserves -€326,728
down €326,728 (-100%), from €326,728 to €0
- Other debts +€262,587
up €262,587 (+11,076%), from €2,371 to €264,958
- Debts after one year -€11,733
down €11,733 (-9.8%), from €120,267 to €108,533
- Current portion of long-term debt -€8,544
down €8,544 (-42.1%), from €20,277 to €11,733
- Gross operating margin -€191,652
down €191,652 (-95.9%), from €199,844 to €8,193
- Taxes -€41,451
down €41,451 (-100%), from €41,451 to €0
- Staff costs -€9,618
down €9,618 (-97.7%), from €9,846 to €228
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 | €530,930 | €437,198 | -€93,732 | -17.7% |
| Fixed assets | 21/28 | €143,790 | €141,806 | -€1,984 | -1.4% |
| Tangible fixed assets | 22/27 | €143,523 | €141,806 | -€1,717 | -1.2% |
| Land and buildings | 22 | €143,523 | €141,806 | -€1,717 | -1.2% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Financial fixed assets | 28 | €267 | €0 | -€267 | -100% |
| Current assets | 29/58 | €387,140 | €295,391 | -€91,748 | -23.7% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €15,607 | €221,142 | +€205,535 | +1,317% |
| Trade receivables | 40 | €7,334 | €173 | -€7,161 | -97.6% |
| Other amounts receivable | 41 | €8,273 | €220,969 | +€212,696 | +2,571% |
| Cash at bank and in hand | 54/58 | €370,876 | €73,388 | -€297,488 | -80.2% |
| Deferred charges and accrued income | 490/1 | €657 | €861 | +€204 | +31.1% |
| Total equity and liabilities | 10/49 | €530,930 | €437,198 | -€93,732 | -17.7% |
| Equity | 10/15 | €351,728 | €22,114 | -€329,615 | -93.7% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €326,728 | €0 | -€326,728 | -100% |
| Distributable reserves | 133 | €326,728 | €0 | -€326,728 | -100% |
| Profit (loss) carried forward | 14 | - | -€2,886 | -€2,886 | |
| Amounts payable | 17/49 | €179,202 | €415,084 | +€235,882 | +132% |
| Amounts payable after more than one year | 17 | €120,267 | €108,533 | -€11,733 | -9.8% |
| Financial debts | 170/4 | €120,267 | €108,533 | -€11,733 | -9.8% |
| Amounts payable within one year | 42/48 | €58,935 | €306,551 | +€247,616 | +420% |
| Current portion of amounts payable after more than one year | 42 | €20,277 | €11,733 | -€8,544 | -42.1% |
| Trade debts | 44 | €4,888 | €502 | -€4,386 | -89.7% |
| Suppliers | 440/4 | €4,888 | €502 | -€4,386 | -89.7% |
| Taxes, remuneration and social security | 45 | €31,399 | €29,358 | -€2,042 | -6.5% |
| Taxes | 450/3 | €31,304 | €29,358 | -€1,946 | -6.2% |
| Remuneration and social security | 454/9 | €95 | €0 | -€95 | -100% |
| Other amounts payable | 47/48 | €2,371 | €264,958 | +€262,587 | +11,076% |
| Non-recurring operating income | 76A | €142,978 | €0 | -€142,978 | -100% |
| Remuneration, social security and pensions | 62 | €9,846 | €228 | -€9,618 | -97.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,076 | €10,527 | +€451 | +4.5% |
| Other operating charges | 640/8 | €1,157 | €838 | -€319 | -27.6% |
| Gross operating margin | 9900 | €199,844 | €8,193 | -€191,652 | -95.9% |
| Operating profit (loss) | 9901 | €178,765 | -€3,401 | -€182,166 | |
| Financial income | 75/76B | €1,078 | €3,031 | +€1,953 | +181% |
| Recurring financial income | 75 | €1,078 | €3,031 | +€1,953 | +181% |
| Financial charges | 65/66B | €3,145 | €2,517 | -€628 | -20.0% |
| Recurring financial charges | 65 | €3,145 | €2,517 | -€628 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | €176,698 | -€2,886 | -€179,585 | |
| Income taxes | 67/77 | €41,451 | €0 | -€41,451 | -100% |
| Profit (loss) for the period | 9904 | €135,248 | -€2,886 | -€138,134 | |
| Profit (loss) for the period to be appropriated | 9905 | €135,248 | -€2,886 | -€138,134 |
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 15 October 2026 via checked.be.