Jean & Eli: 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.
Jean & Eli
Largest movements
- Cash -€28,673
down €28,673 (-66.5%), from €43,104 to €14,432
mainly Net result for the year (-€89,071) and Receivables within one year (-€20,603)
- Receivables within one year +€20,603
up €20,603 (+38.7%), from €53,194 to €73,796
of which Trade receivables: +€13,552
- Tangible fixed assets -€8,987
down €8,987 (-26.2%), from €34,311 to €25,324
of which Furniture and vehicles: -€5,257
- Stocks and contracts +€2,649
up €2,649 (+31.8%), from €8,325 to €10,974
- Profit (loss) carried forward -€89,071
down €89,071 (-110.9%), from -€80,330 to -€169,401
- Other debts +€52,289
up €52,289 (+1061.8%), from €4,925 to €57,214
- Trade debts +€13,893
up €13,893 (+8.7%), from €160,145 to €174,037
- Tax, wage and social debts +€8,481
up €8,481 (+15.6%), from €54,195 to €62,676
of which Taxes: +€5,225
- Staff costs +€68,402
up €68,402 (+20.3%), from €336,951 to €405,353
- Gross operating margin +€57,206
up €57,206 (+17.7%), from €322,742 to €379,948
- Taxes +€31,238
new in 2025: €31,238
- Financial charges +€11,788
up €11,788 (+232.2%), from €5,077 to €16,865
- Other operating charges -€5,415
down €5,415 (-41.6%), from €13,030 to €7,615
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 | €138,934 | €124,526 | -€14,407 | -10.4% |
| Fixed assets | 21/28 | €34,311 | €25,324 | -€8,987 | -26.2% |
| Tangible fixed assets | 22/27 | €34,311 | €25,324 | -€8,987 | -26.2% |
| Land and buildings | 22 | €3,760 | €3,038 | -€722 | -19.2% |
| Plant, machinery and equipment | 23 | €9,727 | €6,719 | -€3,007 | -30.9% |
| Furniture and vehicles | 24 | €20,824 | €15,567 | -€5,257 | -25.2% |
| Current assets | 29/58 | €104,623 | €99,202 | -€5,421 | -5.2% |
| Stocks and contracts in progress | 3 | €8,325 | €10,974 | +€2,649 | +31.8% |
| Stocks | 30/36 | €8,325 | €10,974 | +€2,649 | +31.8% |
| Amounts receivable within one year | 40/41 | €53,194 | €73,796 | +€20,603 | +38.7% |
| Trade receivables | 40 | €9,565 | €23,117 | +€13,552 | +141.7% |
| Other amounts receivable | 41 | €43,629 | €50,679 | +€7,050 | +16.2% |
| Cash at bank and in hand | 54/58 | €43,104 | €14,432 | -€28,673 | -66.5% |
| Total equity and liabilities | 10/49 | €138,934 | €124,526 | -€14,407 | -10.4% |
| Equity | 10/15 | -€80,330 | -€169,401 | -€89,071 | -110.9% |
| Profit (loss) carried forward | 14 | -€80,330 | -€169,401 | -€89,071 | -110.9% |
| Amounts payable | 17/49 | €219,264 | €293,927 | +€74,663 | +34.1% |
| Amounts payable within one year | 42/48 | €219,264 | €293,927 | +€74,663 | +34.1% |
| Trade debts | 44 | €160,145 | €174,037 | +€13,893 | +8.7% |
| Suppliers | 440/4 | €160,145 | €174,037 | +€13,893 | +8.7% |
| Taxes, remuneration and social security | 45 | €54,195 | €62,676 | +€8,481 | +15.6% |
| Taxes | 450/3 | €39,527 | €44,751 | +€5,225 | +13.2% |
| Remuneration and social security | 454/9 | €14,668 | €17,925 | +€3,257 | +22.2% |
| Other amounts payable | 47/48 | €4,925 | €57,214 | +€52,289 | +1061.8% |
| Remuneration, social security and pensions | 62 | €336,951 | €405,353 | +€68,402 | +20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,842 | €9,357 | -€485 | -4.9% |
| Other operating charges | 640/8 | €13,030 | €7,615 | -€5,415 | -41.6% |
| Gross operating margin | 9900 | €322,742 | €379,948 | +€57,206 | +17.7% |
| Operating profit (loss) | 9901 | -€37,081 | -€42,376 | -€5,295 | -14.3% |
| Financial income | 75/76B | €67 | €1,409 | +€1,342 | +2009.8% |
| Recurring financial income | 75 | €67 | €1,409 | +€1,342 | +2009.8% |
| Financial charges | 65/66B | €5,077 | €16,865 | +€11,788 | +232.2% |
| Recurring financial charges | 65 | €5,077 | €16,865 | +€11,788 | +232.2% |
| Profit (loss) for the period before taxes | 9903 | -€42,091 | -€57,833 | -€15,742 | -37.4% |
| Income taxes | 67/77 | - | €31,238 | +€31,238 | |
| Profit (loss) for the period | 9904 | -€42,091 | -€89,071 | -€46,979 | -111.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€42,091 | -€89,071 | -€46,979 | -111.6% |
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 9 October 2026 via checked.be.