JENATH: 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.
JENATH
Largest movements
- Receivables within one year +€5,526
up €5,526 (+427.8%), from €1,292 to €6,818
of which Trade receivables: +€5,586
- Cash +€2,782
up €2,782 (+1879.7%), from €148 to €2,930
mainly Trade debts (+€3,707) and Advances received (+€2,800)
- Stocks and contracts -€2,200
down €2,200 (-68.8%), from €3,200 to €1,000
- Trade debts +€3,707
up €3,707 (+257.9%), from €1,437 to €5,145
- Advances received +€2,800
new in 2025: €2,800
- Profit (loss) carried forward -€1,064
down €1,064 (-0.6%), from -€185,197 to -€186,261
- Other debts +€665
up €665 (+0.4%), from €156,315 to €156,980
- Gross operating margin +€1,310
up €1,310, from -€1,028 to €282
- Other operating charges +€363
up €363 (+37.9%), from €960 to €1,323
- Financial charges -€23
down €23 (-50.0%), from €45 to €23
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 | €4,640 | €10,748 | +€6,108 | +131.6% |
| Current assets | 29/58 | €4,640 | €10,748 | +€6,108 | +131.6% |
| Stocks and contracts in progress | 3 | €3,200 | €1,000 | -€2,200 | -68.8% |
| Stocks | 30/36 | €3,200 | €1,000 | -€2,200 | -68.8% |
| Amounts receivable within one year | 40/41 | €1,292 | €6,818 | +€5,526 | +427.8% |
| Trade receivables | 40 | €121 | €5,707 | +€5,586 | +4616.8% |
| Other amounts receivable | 41 | €1,171 | €1,110 | -€60 | -5.2% |
| Cash at bank and in hand | 54/58 | €148 | €2,930 | +€2,782 | +1879.7% |
| Total equity and liabilities | 10/49 | €4,640 | €10,748 | +€6,108 | +131.6% |
| Equity | 10/15 | -€153,112 | -€154,177 | -€1,064 | -0.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €13,492 | €13,492 | = | 0.0% |
| Non-distributable reserves | 130/1 | €558 | €558 | = | 0.0% |
| Reserves not available under the articles | 1311 | €558 | €558 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,377 | €11,377 | = | 0.0% |
| Distributable reserves | 133 | €1,557 | €1,557 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€185,197 | -€186,261 | -€1,064 | -0.6% |
| Amounts payable | 17/49 | €157,752 | €164,924 | +€7,172 | +4.5% |
| Amounts payable within one year | 42/48 | €157,752 | €164,924 | +€7,172 | +4.5% |
| Trade debts | 44 | €1,437 | €5,145 | +€3,707 | +257.9% |
| Suppliers | 440/4 | €1,437 | €5,145 | +€3,707 | +257.9% |
| Advances received on contracts in progress | 46 | - | €2,800 | +€2,800 | |
| Other amounts payable | 47/48 | €156,315 | €156,980 | +€665 | +0.4% |
| Other operating charges | 640/8 | €960 | €1,323 | +€363 | +37.9% |
| Gross operating margin | 9900 | -€1,028 | €282 | +€1,310 | |
| Operating profit (loss) | 9901 | -€1,988 | -€1,042 | +€947 | +47.6% |
| Financial charges | 65/66B | €45 | €23 | -€23 | -50.0% |
| Recurring financial charges | 65 | €45 | €23 | -€23 | -50.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,033 | -€1,064 | +€969 | +47.7% |
| Profit (loss) for the period | 9904 | -€2,033 | -€1,064 | +€969 | +47.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,033 | -€1,064 | +€969 | +47.7% |
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.