Jeni: 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.
Jeni
Largest movements
- Tangible fixed assets -€83,062
down €83,062 (-5.6%), from €1.5m to €1.4m
- Other debts -€156,301
down €156,301 (-59.0%), from €265,119 to €108,819
- Current portion of long-term debt +€43,042
up €43,042 (+33.4%), from €128,779 to €171,821
- Profit (loss) carried forward +€40,115
up €40,115 (+20.3%), from -€197,843 to -€157,727
- Trade debts -€21,451
down €21,451 (-90.0%), from €23,837 to €2,386
- Debts after one year +€21,284
up €21,284 (+6.2%), from €344,000 to €365,284
- Gross operating margin +€26,517
up €26,517 (+20.0%), from €132,655 to €159,172
- Financial charges -€7,274
down €7,274 (-23.9%), from €30,448 to €23,174
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 | €1,480,895 | €1,412,335 | -€68,560 | -4.6% |
| Fixed assets | 21/28 | €1,473,588 | €1,390,526 | -€83,062 | -5.6% |
| Tangible fixed assets | 22/27 | €1,473,588 | €1,390,526 | -€83,062 | -5.6% |
| Land and buildings | 22 | €1,473,588 | €1,390,526 | -€83,062 | -5.6% |
| Current assets | 29/58 | €7,307 | €21,809 | +€14,501 | +198.5% |
| Amounts receivable within one year | 40/41 | €2,772 | €0 | -€2,772 | -100.0% |
| Trade receivables | 40 | €2,772 | €0 | -€2,772 | -100.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €4,535 | €13,926 | +€9,391 | +207.1% |
| Deferred charges and accrued income | 490/1 | €0 | €7,882 | +€7,882 | |
| Total equity and liabilities | 10/49 | €1,480,895 | €1,412,335 | -€68,560 | -4.6% |
| Equity | 10/15 | €710,624 | €750,739 | +€40,115 | +5.6% |
| Contributions | 10/11 | €900,000 | €900,000 | = | 0.0% |
| Capital | 10 | €900,000 | €900,000 | = | 0.0% |
| Issued capital | 100 | €900,000 | €900,000 | = | 0.0% |
| Reserves | 13 | €8,467 | €8,467 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,718 | €3,718 | = | 0.0% |
| Legal reserve | 130 | €3,718 | €3,718 | = | 0.0% |
| Distributable reserves | 133 | €4,748 | €4,748 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€197,843 | -€157,727 | +€40,115 | +20.3% |
| Amounts payable | 17/49 | €770,271 | €661,595 | -€108,675 | -14.1% |
| Amounts payable after more than one year | 17 | €344,000 | €365,284 | +€21,284 | +6.2% |
| Financial debts | 170/4 | €344,000 | €365,284 | +€21,284 | +6.2% |
| Amounts payable within one year | 42/48 | €426,122 | €296,311 | -€129,811 | -30.5% |
| Current portion of amounts payable after more than one year | 42 | €128,779 | €171,821 | +€43,042 | +33.4% |
| Trade debts | 44 | €23,837 | €2,386 | -€21,451 | -90.0% |
| Suppliers | 440/4 | €23,837 | €2,386 | -€21,451 | -90.0% |
| Taxes, remuneration and social security | 45 | €8,387 | €13,286 | +€4,899 | +58.4% |
| Taxes | 450/3 | €8,387 | €13,286 | +€4,899 | +58.4% |
| Other amounts payable | 47/48 | €265,119 | €108,819 | -€156,301 | -59.0% |
| Accrued charges and deferred income | 492/3 | €149 | €0 | -€149 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,056 | €83,062 | +€6 | 0.0% |
| Other operating charges | 640/8 | €11,513 | €12,821 | +€1,308 | +11.4% |
| Gross operating margin | 9900 | €132,655 | €159,172 | +€26,517 | +20.0% |
| Operating profit (loss) | 9901 | €38,086 | €63,289 | +€25,203 | +66.2% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €30,448 | €23,174 | -€7,274 | -23.9% |
| Recurring financial charges | 65 | €30,448 | €23,174 | -€7,274 | -23.9% |
| Profit (loss) for the period before taxes | 9903 | €7,638 | €40,115 | +€32,477 | +425.2% |
| Profit (loss) for the period | 9904 | €7,638 | €40,115 | +€32,477 | +425.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,638 | €40,115 | +€32,477 | +425.2% |
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 12 October 2026 via checked.be.