JENERGIES: 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.
JENERGIES
Largest movements
- Cash +€22,963
up €22,963 (+21.8%), from €105,295 to €128,258
mainly Net result for the year (+€61,300) and Deferred charges and accrued income (+€1,579)
- Receivables within one year +€4,214
up €4,214 (+26.7%), from €15,777 to €19,991
of which Trade receivables: +€3,622
- Deferred charges and accrued income -€1,579
down €1,579 (-52.8%), from €2,988 to €1,410
- Reserves +€61,300
up €61,300 (+83.7%), from €73,277 to €134,577
- Other debts -€17,488
down €17,488 (-79.4%), from €22,036 to €4,548
- Tax, wage and social debts -€16,501
down €16,501 (-69.5%), from €23,742 to €7,241
- Gross operating margin +€7,714
up €7,714 (+10.2%), from €75,936 to €83,650
- Taxes +€1,637
up €1,637 (+10.9%), from €15,043 to €16,680
- Financial charges -€1,258
down €1,258 (-21.8%), from €5,768 to €4,510
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 | €125,138 | €150,448 | +€25,309 | +20.2% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €1,079 | €790 | -€289 | -26.8% |
| Tangible fixed assets | 22/27 | €1,079 | €790 | -€289 | -26.8% |
| Plant, machinery and equipment | 23 | €1,079 | €790 | -€289 | -26.8% |
| Current assets | 29/58 | €124,060 | €149,658 | +€25,598 | +20.6% |
| Amounts receivable within one year | 40/41 | €15,777 | €19,991 | +€4,214 | +26.7% |
| Trade receivables | 40 | €15,549 | €19,171 | +€3,622 | +23.3% |
| Other amounts receivable | 41 | €228 | €820 | +€591 | +259% |
| Cash at bank and in hand | 54/58 | €105,295 | €128,258 | +€22,963 | +21.8% |
| Deferred charges and accrued income | 490/1 | €2,988 | €1,410 | -€1,579 | -52.8% |
| Total equity and liabilities | 10/49 | €125,138 | €150,448 | +€25,309 | +20.2% |
| Equity | 10/15 | €75,277 | €136,577 | +€61,300 | +81.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €73,277 | €134,577 | +€61,300 | +83.7% |
| Distributable reserves | 133 | €73,277 | €134,577 | +€61,300 | +83.7% |
| Amounts payable | 17/49 | €49,861 | €13,871 | -€35,991 | -72.2% |
| Amounts payable within one year | 42/48 | €48,183 | €12,989 | -€35,193 | -73.0% |
| Trade debts | 44 | €2,404 | €1,200 | -€1,204 | -50.1% |
| Suppliers | 440/4 | €2,404 | €1,200 | -€1,204 | -50.1% |
| Taxes, remuneration and social security | 45 | €23,742 | €7,241 | -€16,501 | -69.5% |
| Taxes | 450/3 | €23,742 | €7,241 | -€16,501 | -69.5% |
| Other amounts payable | 47/48 | €22,036 | €4,548 | -€17,488 | -79.4% |
| Accrued charges and deferred income | 492/3 | €1,679 | €881 | -€797 | -47.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €384 | €289 | -€95 | -24.7% |
| Other operating charges | 640/8 | €395 | €871 | +€476 | +120% |
| Gross operating margin | 9900 | €75,936 | €83,650 | +€7,714 | +10.2% |
| Operating profit (loss) | 9901 | €75,157 | €82,490 | +€7,333 | +9.8% |
| Financial income | 75/76B | €0 | €1 | +€1 | +5,400% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +5,400% |
| Financial charges | 65/66B | €5,768 | €4,510 | -€1,258 | -21.8% |
| Recurring financial charges | 65 | €5,768 | €4,510 | -€1,258 | -21.8% |
| Profit (loss) for the period before taxes | 9903 | €69,388 | €77,980 | +€8,592 | +12.4% |
| Income taxes | 67/77 | €15,043 | €16,680 | +€1,637 | +10.9% |
| Profit (loss) for the period | 9904 | €54,345 | €61,300 | +€6,954 | +12.8% |
| Profit (loss) for the period to be appropriated | 9905 | €54,345 | €61,300 | +€6,954 | +12.8% |
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 30 October 2026 via checked.be.