JENHU: 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.
JENHU
Largest movements
- Cash +€31,651
up €31,651 (+95.9%), from €33,021 to €64,672
mainly Net result for the year (+€35,603) and Tax, wage and social debts (+€15,637)
- Tangible fixed assets +€22,073
up €22,073 (+4254.4%), from €519 to €22,592
- Receivables within one year -€4,137
down €4,137 (-14.1%), from €29,300 to €25,163
of which Trade receivables: -€4,132
- Reserves +€35,603
up €35,603 (+101.4%), from €35,115 to €70,718
- Tax, wage and social debts +€15,637
up €15,637 (+91.1%), from €17,162 to €32,798
- Gross operating margin -€2,089
down €2,089 (-4.2%), from €49,693 to €47,604
- Depreciation +€849
up €849 (+322.5%), from €263 to €1,112
- Financial charges -€830
down €830 (-59.8%), from €1,388 to €558
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 | €62,840 | €113,404 | +€50,564 | +80.5% |
| Fixed assets | 21/28 | €519 | €22,592 | +€22,073 | +4254.4% |
| Tangible fixed assets | 22/27 | €519 | €22,592 | +€22,073 | +4254.4% |
| Furniture and vehicles | 24 | €519 | €22,592 | +€22,073 | +4254.4% |
| Current assets | 29/58 | €62,321 | €90,812 | +€28,491 | +45.7% |
| Amounts receivable within one year | 40/41 | €29,300 | €25,163 | -€4,137 | -14.1% |
| Trade receivables | 40 | €29,296 | €25,163 | -€4,132 | -14.1% |
| Other amounts receivable | 41 | €4 | €0 | -€4 | -100.0% |
| Cash at bank and in hand | 54/58 | €33,021 | €64,672 | +€31,651 | +95.9% |
| Deferred charges and accrued income | 490/1 | - | €976 | +€976 | |
| Total equity and liabilities | 10/49 | €62,840 | €113,404 | +€50,564 | +80.5% |
| Equity | 10/15 | €40,115 | €75,718 | +€35,603 | +88.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €35,115 | €70,718 | +€35,603 | +101.4% |
| Distributable reserves | 133 | €35,115 | €70,718 | +€35,603 | +101.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €22,725 | €37,686 | +€14,960 | +65.8% |
| Amounts payable within one year | 42/48 | €22,725 | €37,686 | +€14,960 | +65.8% |
| Trade debts | 44 | €3,833 | €3,591 | -€242 | -6.3% |
| Suppliers | 440/4 | €3,833 | €3,591 | -€242 | -6.3% |
| Taxes, remuneration and social security | 45 | €17,162 | €32,798 | +€15,637 | +91.1% |
| Taxes | 450/3 | €17,162 | €32,798 | +€15,637 | +91.1% |
| Other amounts payable | 47/48 | €1,730 | €1,296 | -€435 | -25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €263 | €1,112 | +€849 | +322.5% |
| Other operating charges | 640/8 | - | €301 | +€301 | |
| Gross operating margin | 9900 | €49,693 | €47,604 | -€2,089 | -4.2% |
| Operating profit (loss) | 9901 | €49,430 | €46,191 | -€3,239 | -6.6% |
| Financial charges | 65/66B | €1,388 | €558 | -€830 | -59.8% |
| Recurring financial charges | 65 | €1,388 | €558 | -€830 | -59.8% |
| Profit (loss) for the period before taxes | 9903 | €48,042 | €45,633 | -€2,409 | -5.0% |
| Income taxes | 67/77 | €9,591 | €10,030 | +€439 | +4.6% |
| Profit (loss) for the period | 9904 | €38,451 | €35,603 | -€2,848 | -7.4% |
| Profit (loss) for the period to be appropriated | 9905 | €38,451 | €35,603 | -€2,848 | -7.4% |
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 9 October 2026 via checked.be.