JELINI: what changed
Two fiscal 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.
JELINI
Largest movements
- Cash +€19,981
up €19,981 (+579.7%), from €3,447 to €23,428
mainly Net result for the year (+€14,289) and Trade debts (+€5,467)
- Deferred charges and accrued income -€3,671
down €3,671 (-19.4%), from €18,912 to €15,241
- Formation expenses -€1,473
down €1,473 (-100.0%), from €1,473 to €0
- Tangible fixed assets +€961
new in 2025: €961
- Reserves +€14,289
up €14,289 (+293.1%), from €4,876 to €19,164
- Other debts -€9,457
down €9,457 (-61.8%), from €15,305 to €5,848
- Trade debts +€5,467
up €5,467 (+178.2%), from €3,068 to €8,535
- Tax, wage and social debts +€5,462
up €5,462 (+66.8%), from €8,172 to €13,634
- Gross operating margin +€11,616
up €11,616 (+90.8%), from €12,790 to €24,406
- Depreciation -€3,298
down €3,298 (-67.7%), from €4,871 to €1,573
- Taxes +€2,972
up €2,972 (+154.6%), from €1,922 to €4,895
- Other operating charges +€1,919
up €1,919 (+495.4%), from €387 to €2,306
- Financial charges +€618
up €618 (+84.0%), from €736 to €1,354
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 | €32,420 | €48,181 | +€15,761 | +48.6% |
| Formation expenses | 20 | €1,473 | €0 | -€1,473 | -100.0% |
| Fixed assets | 21/28 | - | €961 | +€961 | |
| Tangible fixed assets | 22/27 | - | €961 | +€961 | |
| Furniture and vehicles | 24 | - | €961 | +€961 | |
| Current assets | 29/58 | €30,947 | €47,220 | +€16,273 | +52.6% |
| Amounts receivable within one year | 40/41 | €8,588 | €8,550 | -€37 | -0.4% |
| Trade receivables | 40 | €8,500 | €8,500 | = | 0.0% |
| Other amounts receivable | 41 | €88 | €50 | -€37 | -42.4% |
| Cash at bank and in hand | 54/58 | €3,447 | €23,428 | +€19,981 | +579.7% |
| Deferred charges and accrued income | 490/1 | €18,912 | €15,241 | -€3,671 | -19.4% |
| Total equity and liabilities | 10/49 | €32,420 | €48,181 | +€15,761 | +48.6% |
| Equity | 10/15 | €5,876 | €20,164 | +€14,289 | +243.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €4,876 | €19,164 | +€14,289 | +293.1% |
| Distributable reserves | 133 | €4,876 | €19,164 | +€14,289 | +293.1% |
| Amounts payable | 17/49 | €26,544 | €28,017 | +€1,473 | +5.5% |
| Amounts payable within one year | 42/48 | €26,544 | €28,017 | +€1,473 | +5.5% |
| Trade debts | 44 | €3,068 | €8,535 | +€5,467 | +178.2% |
| Suppliers | 440/4 | €3,068 | €8,535 | +€5,467 | +178.2% |
| Taxes, remuneration and social security | 45 | €8,172 | €13,634 | +€5,462 | +66.8% |
| Taxes | 450/3 | €8,172 | €13,634 | +€5,462 | +66.8% |
| Other amounts payable | 47/48 | €15,305 | €5,848 | -€9,457 | -61.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,871 | €1,573 | -€3,298 | -67.7% |
| Other operating charges | 640/8 | €387 | €2,306 | +€1,919 | +495.4% |
| Gross operating margin | 9900 | €12,790 | €24,406 | +€11,616 | +90.8% |
| Operating profit (loss) | 9901 | €7,532 | €20,527 | +€12,995 | +172.5% |
| Financial income | 75/76B | €2 | €10 | +€8 | +400.0% |
| Recurring financial income | 75 | €2 | €10 | +€8 | +400.0% |
| Financial charges | 65/66B | €736 | €1,354 | +€618 | +84.0% |
| Recurring financial charges | 65 | €736 | €1,354 | +€618 | +84.0% |
| Profit (loss) for the period before taxes | 9903 | €6,798 | €19,183 | +€12,385 | +182.2% |
| Income taxes | 67/77 | €1,922 | €4,895 | +€2,972 | +154.6% |
| Profit (loss) for the period | 9904 | €4,876 | €14,289 | +€9,413 | +193.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,876 | €14,289 | +€9,413 | +193.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.