JELLINA: 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.
JELLINA
Largest movements
- Cash +€14,951
up €14,951 (+276%), from €5,420 to €20,371
mainly Depreciation (+€38,450) and Net result for the year (+€29,569)
- Profit (loss) carried forward +€29,569
up €29,569 (+29.9%), from €98,966 to €128,535
- Debts after one year -€11,489
down €11,489 (-5.1%), from €226,266 to €214,777
of which Financial debts: -€18,124
- Other debts -€7,828
down €7,828 (-16.8%), from €46,472 to €38,644
- Tax, wage and social debts +€7,475
up €7,475 (+450%), from €1,660 to €9,135
- Gross operating margin +€36,034
up €36,034 (+88.4%), from €40,754 to €76,788
- Other operating charges +€4,812
up €4,812 (+113%), from €4,254 to €9,066
- Taxes -€4,510
down €4,510, from €2,650 to -€1,860
- Financial charges -€1,995
down €1,995 (-40.6%), from €4,915 to €2,920
- Depreciation +€1,908
up €1,908 (+5.2%), from €36,541 to €38,450
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 | €428,802 | €448,991 | +€20,189 | +4.7% |
| Fixed assets | 21/28 | €415,818 | €418,301 | +€2,483 | +0.6% |
| Tangible fixed assets | 22/27 | €415,818 | €418,301 | +€2,483 | +0.6% |
| Land and buildings | 22 | €403,585 | €369,586 | -€33,999 | -8.4% |
| Plant, machinery and equipment | 23 | €11,724 | €11,409 | -€315 | -2.7% |
| Furniture and vehicles | 24 | €508 | €37,305 | +€36,797 | +7,241% |
| Current assets | 29/58 | €12,984 | €30,690 | +€17,706 | +136% |
| Amounts receivable within one year | 40/41 | €7,102 | €9,320 | +€2,218 | +31.2% |
| Trade receivables | 40 | €4,752 | €5,445 | +€693 | +14.6% |
| Other amounts receivable | 41 | €2,350 | €3,875 | +€1,525 | +64.9% |
| Cash at bank and in hand | 54/58 | €5,420 | €20,371 | +€14,951 | +276% |
| Deferred charges and accrued income | 490/1 | €462 | €1,000 | +€537 | +116% |
| Total equity and liabilities | 10/49 | €428,802 | €448,991 | +€20,189 | +4.7% |
| Equity | 10/15 | €119,426 | €148,995 | +€29,569 | +24.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €98,966 | €128,535 | +€29,569 | +29.9% |
| Amounts payable | 17/49 | €309,376 | €299,996 | -€9,380 | -3.0% |
| Amounts payable after more than one year | 17 | €226,266 | €214,777 | -€11,489 | -5.1% |
| Financial debts | 170/4 | €226,266 | €208,142 | -€18,124 | -8.0% |
| Other amounts payable | 178/9 | - | €6,635 | +€6,635 | |
| Amounts payable within one year | 42/48 | €83,109 | €85,218 | +€2,109 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €31,477 | €35,044 | +€3,567 | +11.3% |
| Trade debts | 44 | €3,500 | €2,396 | -€1,104 | -31.6% |
| Suppliers | 440/4 | €3,500 | €2,396 | -€1,104 | -31.6% |
| Taxes, remuneration and social security | 45 | €1,660 | €9,135 | +€7,475 | +450% |
| Taxes | 450/3 | €1,660 | €9,135 | +€7,475 | +450% |
| Other amounts payable | 47/48 | €46,472 | €38,644 | -€7,828 | -16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,541 | €38,450 | +€1,908 | +5.2% |
| Other operating charges | 640/8 | €4,254 | €9,066 | +€4,812 | +113% |
| Gross operating margin | 9900 | €40,754 | €76,788 | +€36,034 | +88.4% |
| Operating profit (loss) | 9901 | -€41 | €29,272 | +€29,314 | |
| Financial income | 75/76B | - | €1,357 | +€1,357 | |
| Recurring financial income | 75 | - | €1,357 | +€1,357 | |
| Non-recurring financial income | 76B | - | €1,357 | +€1,357 | |
| Financial charges | 65/66B | €4,915 | €2,920 | -€1,995 | -40.6% |
| Recurring financial charges | 65 | €4,915 | €2,920 | -€1,995 | -40.6% |
| Profit (loss) for the period before taxes | 9903 | -€4,957 | €27,709 | +€32,666 | |
| Income taxes | 67/77 | €2,650 | -€1,860 | -€4,510 | |
| Profit (loss) for the period | 9904 | -€7,607 | €29,569 | +€37,176 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,607 | €29,569 | +€37,176 |
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 22 October 2026 via checked.be.