JEANO: 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.
JEANO
Largest movements
- Tangible fixed assets -€31,083
down €31,083 (-5.9%), from €528,741 to €497,659
of which Land and buildings: -€27,376
- Cash +€29,282
up €29,282 (+7.4%), from €393,286 to €422,568
mainly Other debts (+€117,634) and Net result for the year (+€60,995)
- Receivables within one year -€16,793
down €16,793 (-65.3%), from €25,712 to €8,919
of which Trade receivables: -€21,443
- Reserves -€141,914
down €141,914 (-49.2%), from €288,386 to €146,472
of which Distributable reserves: -€141,914
- Other debts +€117,634
up €117,634 (+484.5%), from €24,279 to €141,914
- Profit (loss) carried forward +€60,995
up €60,995 (+2966.8%), from €2,056 to €63,051
- Debts after one year -€47,704
down €47,704 (-10.8%), from €441,645 to €393,941
- Staff costs +€46,409
up €46,409 (+10.9%), from €423,850 to €470,259
- Gross operating margin +€22,246
up €22,246 (+3.7%), from €604,882 to €627,128
- Taxes -€12,718
down €12,718 (-35.3%), from €36,001 to €23,283
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 | €981,429 | €966,665 | -€14,764 | -1.5% |
| Fixed assets | 21/28 | €528,741 | €497,659 | -€31,083 | -5.9% |
| Tangible fixed assets | 22/27 | €528,741 | €497,659 | -€31,083 | -5.9% |
| Land and buildings | 22 | €484,187 | €456,810 | -€27,376 | -5.7% |
| Plant, machinery and equipment | 23 | €22,306 | €26,355 | +€4,049 | +18.2% |
| Furniture and vehicles | 24 | €22,248 | €14,493 | -€7,755 | -34.9% |
| Current assets | 29/58 | €452,688 | €469,006 | +€16,318 | +3.6% |
| Stocks and contracts in progress | 3 | €33,690 | €37,028 | +€3,338 | +9.9% |
| Stocks | 30/36 | €33,690 | €37,028 | +€3,338 | +9.9% |
| Amounts receivable within one year | 40/41 | €25,712 | €8,919 | -€16,793 | -65.3% |
| Trade receivables | 40 | €25,712 | €4,268 | -€21,443 | -83.4% |
| Other amounts receivable | 41 | - | €4,651 | +€4,651 | |
| Cash at bank and in hand | 54/58 | €393,286 | €422,568 | +€29,282 | +7.4% |
| Deferred charges and accrued income | 490/1 | - | €490 | +€490 | |
| Total equity and liabilities | 10/49 | €981,429 | €966,665 | -€14,764 | -1.5% |
| Equity | 10/15 | €386,462 | €303,275 | -€83,187 | -21.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | - | -€62,000 | |
| Issued capital | 100 | €62,000 | - | -€62,000 | |
| Reserves | 13 | €288,386 | €146,472 | -€141,914 | -49.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | - | -€6,200 | |
| Reserves not available under the articles | 1311 | - | €6,200 | +€6,200 | |
| Distributable reserves | 133 | €282,186 | €140,272 | -€141,914 | -50.3% |
| Profit (loss) carried forward | 14 | €2,056 | €63,051 | +€60,995 | +2966.8% |
| Investment grants | 15 | €34,020 | €31,752 | -€2,268 | -6.7% |
| Amounts payable | 17/49 | €594,967 | €663,390 | +€68,422 | +11.5% |
| Amounts payable after more than one year | 17 | €441,645 | €393,941 | -€47,704 | -10.8% |
| Financial debts | 170/4 | €441,645 | €393,941 | -€47,704 | -10.8% |
| Amounts payable within one year | 42/48 | €153,322 | €269,448 | +€116,126 | +75.7% |
| Current portion of amounts payable after more than one year | 42 | €53,002 | €54,077 | +€1,076 | +2.0% |
| Trade debts | 44 | €18,114 | €17,443 | -€670 | -3.7% |
| Suppliers | 440/4 | €18,114 | €17,443 | -€670 | -3.7% |
| Taxes, remuneration and social security | 45 | €57,928 | €56,014 | -€1,914 | -3.3% |
| Taxes | 450/3 | €26,070 | €27,409 | +€1,339 | +5.1% |
| Remuneration and social security | 454/9 | €31,858 | €28,605 | -€3,253 | -10.2% |
| Other amounts payable | 47/48 | €24,279 | €141,914 | +€117,634 | +484.5% |
| Remuneration, social security and pensions | 62 | €423,850 | €470,259 | +€46,409 | +10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,059 | €48,629 | +€5,570 | +12.9% |
| Other operating charges | 640/8 | €5,450 | €7,446 | +€1,996 | +36.6% |
| Non-recurring operating charges | 66A | - | €133 | +€133 | |
| Gross operating margin | 9900 | €604,882 | €627,128 | +€22,246 | +3.7% |
| Operating profit (loss) | 9901 | €132,523 | €100,661 | -€31,862 | -24.0% |
| Financial income | 75/76B | €3,170 | €4,800 | +€1,629 | +51.4% |
| Recurring financial income | 75 | €3,170 | €4,800 | +€1,629 | +51.4% |
| Financial charges | 65/66B | €22,637 | €21,183 | -€1,454 | -6.4% |
| Recurring financial charges | 65 | €22,637 | €21,183 | -€1,454 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €113,057 | €84,278 | -€28,778 | -25.5% |
| Income taxes | 67/77 | €36,001 | €23,283 | -€12,718 | -35.3% |
| Profit (loss) for the period | 9904 | €77,056 | €60,995 | -€16,061 | -20.8% |
| Profit (loss) for the period to be appropriated | 9905 | €77,056 | €60,995 | -€16,061 | -20.8% |
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 10 October 2026 via checked.be.