JENCON: 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.
JENCON
Largest movements
- Cash -€741,446
down €741,446 (-92.7%), from €799,723 to €58,277
mainly Advances received (-€2.0m) and Net result for the year (-€181,793)
- Stocks and contracts -€310,469
down €310,469 (-5.2%), from €5.9m to €5.6m
- Advances received -€2.0m
down €2.0m (-65.9%), from €3.0m to €1.0m
- Debts after one year +€520,000
up €520,000 (+15.1%), from €3.4m to €4.0m
- Short-term financial debts +€432,380
new in 2024: €432,380
- Profit (loss) carried forward -€181,793
down €181,793 (-276.8%), from -€65,680 to -€247,472
- Tax, wage and social debts +€141,115
new in 2024: €141,115
- Gross operating margin -€115,089
down €115,089 (-183.5%), from -€62,717 to -€177,807
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,800,174 | €5,763,154 | -€1.0m | -15.2% |
| Current assets | 29/58 | €6,800,174 | €5,763,154 | -€1.0m | -15.2% |
| Stocks and contracts in progress | 3 | €5,916,746 | €5,606,277 | -€310,469 | -5.2% |
| Stocks | 30/36 | €5,916,746 | €5,606,277 | -€310,469 | -5.2% |
| Amounts receivable within one year | 40/41 | €83,706 | €98,601 | +€14,895 | +17.8% |
| Trade receivables | 40 | - | €98,601 | +€98,601 | |
| Other amounts receivable | 41 | €83,706 | - | -€83,706 | |
| Cash at bank and in hand | 54/58 | €799,723 | €58,277 | -€741,446 | -92.7% |
| Total equity and liabilities | 10/49 | €6,800,174 | €5,763,154 | -€1.0m | -15.2% |
| Equity | 10/15 | €334,320 | €152,528 | -€181,793 | -54.4% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,680 | -€247,472 | -€181,793 | -276.8% |
| Amounts payable | 17/49 | €6,465,854 | €5,610,627 | -€855,227 | -13.2% |
| Amounts payable after more than one year | 17 | €3,445,000 | €3,965,000 | +€520,000 | +15.1% |
| Financial debts | 170/4 | €3,445,000 | €3,965,000 | +€520,000 | +15.1% |
| Amounts payable within one year | 42/48 | €3,020,854 | €1,645,627 | -€1.4m | -45.5% |
| Financial debts | 43 | - | €432,380 | +€432,380 | |
| Credit institutions | 430/8 | - | €432,380 | +€432,380 | |
| Trade debts | 44 | €55,883 | €61,712 | +€5,828 | +10.4% |
| Suppliers | 440/4 | €55,883 | €61,712 | +€5,828 | +10.4% |
| Advances received on contracts in progress | 46 | €2,964,971 | €1,010,420 | -€2.0m | -65.9% |
| Taxes, remuneration and social security | 45 | - | €141,115 | +€141,115 | |
| Taxes | 450/3 | - | €141,115 | +€141,115 | |
| Other operating charges | 640/8 | €832 | €387 | -€445 | -53.4% |
| Gross operating margin | 9900 | -€62,717 | -€177,807 | -€115,089 | -183.5% |
| Operating profit (loss) | 9901 | -€63,549 | -€178,194 | -€114,645 | -180.4% |
| Financial income | 75/76B | €206 | €31 | -€175 | -84.9% |
| Recurring financial income | 75 | €206 | €31 | -€175 | -84.9% |
| Financial charges | 65/66B | €2,337 | €3,630 | +€1,293 | +55.4% |
| Recurring financial charges | 65 | €2,337 | €3,630 | +€1,293 | +55.4% |
| Profit (loss) for the period before taxes | 9903 | -€65,680 | -€181,793 | -€116,113 | -176.8% |
| Profit (loss) for the period | 9904 | -€65,680 | -€181,793 | -€116,113 | -176.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€65,680 | -€181,793 | -€116,113 | -176.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.