JEANNA: 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.
JEANNA
Largest movements
- Cash -€43,692
down €43,692 (-70.5%), from €61,962 to €18,270
mainly Investment in fixed assets (net) (-€64,538) and Accrued charges and deferred income (-€43,515)
- Tangible fixed assets +€22,463
up €22,463 (+5.0%), from €446,516 to €468,979
of which Furniture and vehicles: +€42,280
- Receivables within one year -€19,940
down €19,940 (-67.4%), from €29,600 to €9,660
of which Trade receivables: -€27,904
- Accrued charges and deferred income -€43,515
down €43,515 (-80.9%), from €53,818 to €10,303
- Other debts -€39,780
down €39,780 (-12.1%), from €329,836 to €290,056
- Debts after one year +€16,232
up €16,232 (+21.2%), from €76,637 to €92,870
- Current portion of long-term debt +€14,125
up €14,125 (+90.0%), from €15,690 to €29,815
- Trade debts +€12,544
up €12,544 (+127%), from €9,883 to €22,427
- Gross operating margin -€62,727
down €62,727 (-32.6%), from €192,391 to €129,664
- Staff costs -€12,225
down €12,225 (-14.3%), from €85,768 to €73,543
- Depreciation +€11,287
up €11,287 (+35.4%), from €31,907 to €43,193
- Taxes -€8,869
down €8,869 (-85.2%), from €10,409 to €1,540
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 | €563,138 | €518,633 | -€44,505 | -7.9% |
| Fixed assets | 21/28 | €450,356 | €471,701 | +€21,345 | +4.7% |
| Intangible fixed assets | 21 | €3,590 | €2,472 | -€1,118 | -31.1% |
| Tangible fixed assets | 22/27 | €446,516 | €468,979 | +€22,463 | +5.0% |
| Land and buildings | 22 | €266,015 | €255,684 | -€10,331 | -3.9% |
| Plant, machinery and equipment | 23 | €156,539 | €147,053 | -€9,486 | -6.1% |
| Furniture and vehicles | 24 | €23,962 | €66,242 | +€42,280 | +176% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €112,782 | €46,932 | -€65,850 | -58.4% |
| Stocks and contracts in progress | 3 | €17,770 | €16,775 | -€995 | -5.6% |
| Stocks | 30/36 | €17,770 | €16,775 | -€995 | -5.6% |
| Amounts receivable within one year | 40/41 | €29,600 | €9,660 | -€19,940 | -67.4% |
| Trade receivables | 40 | €29,149 | €1,244 | -€27,904 | -95.7% |
| Other amounts receivable | 41 | €451 | €8,415 | +€7,964 | +1,765% |
| Cash at bank and in hand | 54/58 | €61,962 | €18,270 | -€43,692 | -70.5% |
| Deferred charges and accrued income | 490/1 | €3,451 | €2,228 | -€1,223 | -35.4% |
| Total equity and liabilities | 10/49 | €563,138 | €518,633 | -€44,505 | -7.9% |
| Equity | 10/15 | €56,699 | €59,013 | +€2,314 | +4.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,699 | €56,013 | +€2,314 | +4.3% |
| Amounts payable | 17/49 | €506,439 | €459,621 | -€46,819 | -9.2% |
| Amounts payable after more than one year | 17 | €76,637 | €92,870 | +€16,232 | +21.2% |
| Financial debts | 170/4 | €76,637 | €92,870 | +€16,232 | +21.2% |
| Amounts payable within one year | 42/48 | €375,984 | €356,448 | -€19,537 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €15,690 | €29,815 | +€14,125 | +90.0% |
| Trade debts | 44 | €9,883 | €22,427 | +€12,544 | +127% |
| Suppliers | 440/4 | €9,883 | €22,427 | +€12,544 | +127% |
| Taxes, remuneration and social security | 45 | €20,575 | €14,150 | -€6,425 | -31.2% |
| Taxes | 450/3 | €13,974 | €4,185 | -€9,789 | -70.1% |
| Remuneration and social security | 454/9 | €6,601 | €9,965 | +€3,364 | +51.0% |
| Other amounts payable | 47/48 | €329,836 | €290,056 | -€39,780 | -12.1% |
| Accrued charges and deferred income | 492/3 | €53,818 | €10,303 | -€43,515 | -80.9% |
| Remuneration, social security and pensions | 62 | €85,768 | €73,543 | -€12,225 | -14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,907 | €43,193 | +€11,287 | +35.4% |
| Other operating charges | 640/8 | €1,187 | €2,018 | +€831 | +70.0% |
| Gross operating margin | 9900 | €192,391 | €129,664 | -€62,727 | -32.6% |
| Operating profit (loss) | 9901 | €73,529 | €10,909 | -€62,620 | -85.2% |
| Financial income | 75/76B | €356 | €24 | -€332 | -93.2% |
| Recurring financial income | 75 | €356 | €24 | -€332 | -93.2% |
| Financial charges | 65/66B | €7,303 | €7,080 | -€223 | -3.1% |
| Recurring financial charges | 65 | €7,303 | €7,080 | -€223 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | €66,583 | €3,854 | -€62,729 | -94.2% |
| Income taxes | 67/77 | €10,409 | €1,540 | -€8,869 | -85.2% |
| Profit (loss) for the period | 9904 | €56,174 | €2,314 | -€53,860 | -95.9% |
| Profit (loss) for the period to be appropriated | 9905 | €56,174 | €2,314 | -€53,860 | -95.9% |
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 25 October 2026 via checked.be.