JeHo-Projects: 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.
JeHo-Projects
Largest movements
- Stocks and contracts -€13,636
down €13,636 (-36.4%), from €37,479 to €23,843
- Receivables within one year +€7,049
up €7,049 (+203.3%), from €3,468 to €10,518
of which Other amounts receivable: +€4,574
- Tangible fixed assets -€5,552
down €5,552 (-15.5%), from €35,860 to €30,308
of which Furniture and vehicles: -€3,030
- Intangible fixed assets -€3,160
down €3,160 (-80.9%), from €3,908 to €748
- Deferred charges and accrued income -€1,823
down €1,823 (-72.9%), from €2,500 to €677
- Debts after one year -€15,909
down €15,909 (-21.0%), from €75,911 to €60,002
- Current portion of long-term debt -€2,769
down €2,769 (-31.9%), from €8,678 to €5,909
- Trade debts +€1,825
up €1,825 (+69.4%), from €2,631 to €4,456
- Other debts +€1,007
up €1,007 (+28.2%), from €3,573 to €4,580
- Reserves +€1,000
new in 2025: €1,000
- Gross operating margin -€4,009
down €4,009 (-19.4%), from €20,715 to €16,707
- Financial charges -€1,916
down €1,916 (-39.2%), from €4,888 to €2,972
- Other operating charges -€503
down €503 (-51.1%), from €983 to €481
- Depreciation +€492
up €492 (+4.0%), from €12,420 to €12,912
- Financial income +€480
up €480 (+6958.1%), from €7 to €487
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 | €93,359 | €77,325 | -€16,034 | -17.2% |
| Fixed assets | 21/28 | €42,254 | €33,542 | -€8,712 | -20.6% |
| Intangible fixed assets | 21 | €3,908 | €748 | -€3,160 | -80.9% |
| Tangible fixed assets | 22/27 | €35,860 | €30,308 | -€5,552 | -15.5% |
| Plant, machinery and equipment | 23 | €8,018 | €6,863 | -€1,154 | -14.4% |
| Furniture and vehicles | 24 | €5,962 | €2,932 | -€3,030 | -50.8% |
| Other tangible fixed assets | 26 | €21,880 | €20,513 | -€1,368 | -6.3% |
| Financial fixed assets | 28 | €2,486 | €2,486 | = | 0.0% |
| Current assets | 29/58 | €51,105 | €43,783 | -€7,322 | -14.3% |
| Stocks and contracts in progress | 3 | €37,479 | €23,843 | -€13,636 | -36.4% |
| Stocks | 30/36 | €37,479 | €23,843 | -€13,636 | -36.4% |
| Amounts receivable within one year | 40/41 | €3,468 | €10,518 | +€7,049 | +203.3% |
| Trade receivables | 40 | €1,810 | €4,285 | +€2,476 | +136.8% |
| Other amounts receivable | 41 | €1,659 | €6,232 | +€4,574 | +275.8% |
| Current investments | 50/53 | €2,425 | €4,100 | +€1,675 | +69.1% |
| Cash at bank and in hand | 54/58 | €5,232 | €4,645 | -€587 | -11.2% |
| Deferred charges and accrued income | 490/1 | €2,500 | €677 | -€1,823 | -72.9% |
| Total equity and liabilities | 10/49 | €93,359 | €77,325 | -€16,034 | -17.2% |
| Equity | 10/15 | €2,115 | €2,379 | +€264 | +12.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | - | €1,000 | +€1,000 | |
| Distributable reserves | 133 | - | €1,000 | +€1,000 | |
| Profit (loss) carried forward | 14 | €1,115 | €379 | -€736 | -66.0% |
| Amounts payable | 17/49 | €91,244 | €74,946 | -€16,298 | -17.9% |
| Amounts payable after more than one year | 17 | €75,911 | €60,002 | -€15,909 | -21.0% |
| Financial debts | 170/4 | €75,911 | €60,002 | -€15,909 | -21.0% |
| Amounts payable within one year | 42/48 | €15,334 | €14,944 | -€390 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €8,678 | €5,909 | -€2,769 | -31.9% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €2,631 | €4,456 | +€1,825 | +69.4% |
| Suppliers | 440/4 | €2,631 | €4,456 | +€1,825 | +69.4% |
| Taxes, remuneration and social security | 45 | €452 | €0 | -€452 | -100.0% |
| Taxes | 450/3 | €452 | €0 | -€452 | -100.0% |
| Other amounts payable | 47/48 | €3,573 | €4,580 | +€1,007 | +28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,420 | €12,912 | +€492 | +4.0% |
| Other operating charges | 640/8 | €983 | €481 | -€503 | -51.1% |
| Gross operating margin | 9900 | €20,715 | €16,707 | -€4,009 | -19.4% |
| Operating profit (loss) | 9901 | €7,312 | €3,314 | -€3,998 | -54.7% |
| Financial income | 75/76B | €7 | €487 | +€480 | +6958.1% |
| Recurring financial income | 75 | €7 | €487 | +€480 | +6958.1% |
| Financial charges | 65/66B | €4,888 | €2,972 | -€1,916 | -39.2% |
| Recurring financial charges | 65 | €4,888 | €2,972 | -€1,916 | -39.2% |
| Profit (loss) for the period before taxes | 9903 | €2,431 | €829 | -€1,602 | -65.9% |
| Income taxes | 67/77 | €829 | €565 | -€264 | -31.8% |
| Profit (loss) for the period | 9904 | €1,602 | €264 | -€1,338 | -83.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,602 | €264 | -€1,338 | -83.5% |
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 11 October 2026 via checked.be.