Jenad: 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.
Jenad
Largest movements
- Cash +€15,742
up €15,742 (+47.1%), from €33,423 to €49,165
mainly Net result for the year (+€23,615) and Trade debts (+€8,089)
- Receivables within one year +€10,134
up €10,134 (+305.8%), from €3,314 to €13,447
of which Trade receivables: +€10,278
- Tangible fixed assets +€5,931
up €5,931 (+57.9%), from €10,243 to €16,174
of which Land and buildings: +€6,931
- Receivables after one year +€4,950
new in 2025: €4,950
- Reserves +€23,615
up €23,615 (+95.9%), from €24,637 to €48,252
- Trade debts +€8,089
up €8,089 (+478.0%), from €1,692 to €9,782
- Tax, wage and social debts +€6,694
up €6,694 (+125.7%), from €5,327 to €12,021
- Other debts -€1,339
down €1,339 (-56.5%), from €2,370 to €1,031
- Gross operating margin +€1,877
up €1,877 (+5.1%), from €36,704 to €38,581
- Depreciation +€1,875
up €1,875 (+94.8%), from €1,979 to €3,854
- Financial charges +€903
up €903 (+144.3%), from €626 to €1,529
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 | €47,035 | €84,114 | +€37,079 | +78.8% |
| Fixed assets | 21/28 | €10,243 | €16,174 | +€5,931 | +57.9% |
| Tangible fixed assets | 22/27 | €10,243 | €16,174 | +€5,931 | +57.9% |
| Land and buildings | 22 | €8,551 | €15,483 | +€6,931 | +81.1% |
| Furniture and vehicles | 24 | €1,691 | €691 | -€1,000 | -59.1% |
| Current assets | 29/58 | €36,793 | €67,940 | +€31,147 | +84.7% |
| Amounts receivable after more than one year | 29 | - | €4,950 | +€4,950 | |
| Trade receivables | 290 | - | €4,950 | +€4,950 | |
| Amounts receivable within one year | 40/41 | €3,314 | €13,447 | +€10,134 | +305.8% |
| Trade receivables | 40 | €3,169 | €13,447 | +€10,278 | +324.3% |
| Other amounts receivable | 41 | €145 | - | -€145 | |
| Cash at bank and in hand | 54/58 | €33,423 | €49,165 | +€15,742 | +47.1% |
| Deferred charges and accrued income | 490/1 | €56 | €378 | +€322 | +576.8% |
| Total equity and liabilities | 10/49 | €47,035 | €84,114 | +€37,079 | +78.8% |
| Equity | 10/15 | €37,646 | €61,261 | +€23,615 | +62.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €24,637 | €48,252 | +€23,615 | +95.9% |
| Distributable reserves | 133 | €24,637 | €48,252 | +€23,615 | +95.9% |
| Profit (loss) carried forward | 14 | €8,009 | €8,009 | = | 0.0% |
| Amounts payable | 17/49 | €9,389 | €22,853 | +€13,464 | +143.4% |
| Amounts payable within one year | 42/48 | €9,389 | €22,833 | +€13,444 | +143.2% |
| Trade debts | 44 | €1,692 | €9,782 | +€8,089 | +478.0% |
| Suppliers | 440/4 | €1,692 | €9,782 | +€8,089 | +478.0% |
| Taxes, remuneration and social security | 45 | €5,327 | €12,021 | +€6,694 | +125.7% |
| Taxes | 450/3 | €5,327 | €12,021 | +€6,694 | +125.7% |
| Other amounts payable | 47/48 | €2,370 | €1,031 | -€1,339 | -56.5% |
| Accrued charges and deferred income | 492/3 | - | €20 | +€20 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,979 | €3,854 | +€1,875 | +94.8% |
| Other operating charges | 640/8 | €307 | €228 | -€79 | -25.7% |
| Gross operating margin | 9900 | €36,704 | €38,581 | +€1,877 | +5.1% |
| Operating profit (loss) | 9901 | €34,418 | €34,499 | +€81 | +0.2% |
| Financial income | 75/76B | €0 | €0 | +€0 | +344.4% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +344.4% |
| Financial charges | 65/66B | €626 | €1,529 | +€903 | +144.3% |
| Recurring financial charges | 65 | €626 | €1,529 | +€903 | +144.3% |
| Profit (loss) for the period before taxes | 9903 | €33,793 | €32,971 | -€822 | -2.4% |
| Income taxes | 67/77 | €9,156 | €9,356 | +€200 | +2.2% |
| Profit (loss) for the period | 9904 | €24,637 | €23,615 | -€1,022 | -4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €24,637 | €23,615 | -€1,022 | -4.1% |
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.