Jenica: 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.
Jenica
Largest movements
- Receivables within one year +€231,339
up €231,339 (+140%), from €165,495 to €396,834
of which Trade receivables: +€133,805
- Tangible fixed assets -€195,038
down €195,038 (-49.4%), from €395,124 to €200,086
of which Furniture and vehicles: -€177,143
- Stocks and contracts -€36,475
no longer reported in 2025 (was €36,475)
of which Contracts in progress: -€20,750
- Cash -€14,975
down €14,975 (-74.4%), from €20,139 to €5,164
mainly Receivables within one year (-€231,339) and Debts after one year (-€73,506)
- Debts after one year -€73,506
down €73,506 (-18.8%), from €391,231 to €317,726
- Current portion of long-term debt +€25,469
up €25,469 (+32.5%), from €78,302 to €103,771
- Reserves +€20,151
up €20,151 (+42.5%), from €47,400 to €67,551
- Trade debts +€7,792
up €7,792 (+16.8%), from €46,516 to €54,308
- Gross operating margin +€35,476
up €35,476 (+76.2%), from €46,576 to €82,052
- Depreciation -€35,451
down €35,451 (-79.2%), from €44,781 to €9,330
- Other operating charges +€23,388
up €23,388 (+1,556%), from €1,503 to €24,891
- Financial charges +€6,781
up €6,781 (+43.8%), from €15,468 to €22,248
- Taxes +€4,608
up €4,608 (+2,857%), from €161 to €4,770
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 | €619,833 | €607,285 | -€12,549 | -2.0% |
| Fixed assets | 21/28 | €397,724 | €205,286 | -€192,438 | -48.4% |
| Tangible fixed assets | 22/27 | €395,124 | €200,086 | -€195,038 | -49.4% |
| Plant, machinery and equipment | 23 | €150,051 | €132,156 | -€17,895 | -11.9% |
| Furniture and vehicles | 24 | €245,073 | €67,930 | -€177,143 | -72.3% |
| Financial fixed assets | 28 | €2,600 | €5,200 | +€2,600 | +100% |
| Current assets | 29/58 | €222,109 | €401,998 | +€179,889 | +81.0% |
| Stocks and contracts in progress | 3 | €36,475 | - | -€36,475 | |
| Stocks | 30/36 | €15,725 | - | -€15,725 | |
| Contracts in progress | 37 | €20,750 | - | -€20,750 | |
| Amounts receivable within one year | 40/41 | €165,495 | €396,834 | +€231,339 | +140% |
| Trade receivables | 40 | €64,799 | €198,605 | +€133,805 | +206% |
| Other amounts receivable | 41 | €100,696 | €198,230 | +€97,534 | +96.9% |
| Cash at bank and in hand | 54/58 | €20,139 | €5,164 | -€14,975 | -74.4% |
| Total equity and liabilities | 10/49 | €619,833 | €607,285 | -€12,549 | -2.0% |
| Equity | 10/15 | €52,400 | €72,551 | +€20,151 | +38.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Share premium | 1100/10 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €47,400 | €67,551 | +€20,151 | +42.5% |
| Distributable reserves | 133 | €47,400 | €67,551 | +€20,151 | +42.5% |
| Amounts payable | 17/49 | €567,434 | €534,733 | -€32,700 | -5.8% |
| Amounts payable after more than one year | 17 | €391,231 | €317,726 | -€73,506 | -18.8% |
| Financial debts | 170/4 | €391,231 | €317,726 | -€73,506 | -18.8% |
| Amounts payable within one year | 42/48 | €176,202 | €217,008 | +€40,806 | +23.2% |
| Current portion of amounts payable after more than one year | 42 | €78,302 | €103,771 | +€25,469 | +32.5% |
| Trade debts | 44 | €46,516 | €54,308 | +€7,792 | +16.8% |
| Suppliers | 440/4 | €46,516 | €54,308 | +€7,792 | +16.8% |
| Advances received on contracts in progress | 46 | - | €400 | +€400 | |
| Taxes, remuneration and social security | 45 | €51,072 | €54,177 | +€3,105 | +6.1% |
| Taxes | 450/3 | €34,217 | €37,822 | +€3,605 | +10.5% |
| Remuneration and social security | 454/9 | €16,855 | €16,355 | -€500 | -3.0% |
| Other amounts payable | 47/48 | €312 | €4,352 | +€4,040 | +1,293% |
| Remuneration, social security and pensions | 62 | €290 | €694 | +€403 | +139% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,781 | €9,330 | -€35,451 | -79.2% |
| Other operating charges | 640/8 | €1,503 | €24,891 | +€23,388 | +1,556% |
| Gross operating margin | 9900 | €46,576 | €82,052 | +€35,476 | +76.2% |
| Operating profit (loss) | 9901 | €1 | €47,138 | +€47,137 | +4,364,492% |
| Financial income | 75/76B | €181 | €32 | -€149 | -82.2% |
| Recurring financial income | 75 | €181 | €32 | -€149 | -82.2% |
| Financial charges | 65/66B | €15,468 | €22,248 | +€6,781 | +43.8% |
| Recurring financial charges | 65 | €15,468 | €22,248 | +€6,781 | +43.8% |
| Profit (loss) for the period before taxes | 9903 | -€15,286 | €24,921 | +€40,207 | |
| Income taxes | 67/77 | €161 | €4,770 | +€4,608 | +2,857% |
| Profit (loss) for the period | 9904 | -€15,447 | €20,151 | +€35,599 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,447 | €20,151 | +€35,599 |
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 23 October 2026 via checked.be.