Jenick: 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.
Jenick
Largest movements
- Stocks and contracts +€465,933
up €465,933 (+125.1%), from €372,386 to €838,319
- Receivables within one year -€35,038
down €35,038 (-97.6%), from €35,888 to €850
of which Trade receivables: -€35,862
- Cash +€23,752
up €23,752 (+92.5%), from €25,667 to €49,419
mainly Current portion of long-term debt (+€175,500) and Debts after one year (+€168,000)
- Current portion of long-term debt +€175,500
up €175,500 (+71.6%), from €245,000 to €420,500
- Debts after one year +€168,000
up €168,000 (+98.0%), from €171,457 to €339,457
- Trade debts +€100,101
up €100,101 (+38500.5%), from €260 to €100,361
- Reserves +€14,000
up €14,000 (+140.0%), from €10,000 to €24,000
- Financial charges +€16,010
up €16,010 (+1112.8%), from €1,439 to €17,449
- Gross operating margin +€13,493
up €13,493 (+53.1%), from €25,404 to €38,897
- Taxes +€2,093
up €2,093 (+45.8%), from €4,566 to €6,659
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 | €433,941 | €891,285 | +€457,344 | +105.4% |
| Fixed assets | 21/28 | - | €1,900 | +€1,900 | |
| Financial fixed assets | 28 | - | €1,900 | +€1,900 | |
| Current assets | 29/58 | €433,941 | €889,385 | +€455,444 | +105.0% |
| Stocks and contracts in progress | 3 | €372,386 | €838,319 | +€465,933 | +125.1% |
| Stocks | 30/36 | €372,386 | €838,319 | +€465,933 | +125.1% |
| Amounts receivable within one year | 40/41 | €35,888 | €850 | -€35,038 | -97.6% |
| Trade receivables | 40 | €35,862 | - | -€35,862 | |
| Other amounts receivable | 41 | €26 | €850 | +€824 | +3207.3% |
| Cash at bank and in hand | 54/58 | €25,667 | €49,419 | +€23,752 | +92.5% |
| Deferred charges and accrued income | 490/1 | - | €797 | +€797 | |
| Total equity and liabilities | 10/49 | €433,941 | €891,285 | +€457,344 | +105.4% |
| Equity | 10/15 | €16,658 | €30,967 | +€14,310 | +85.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €24,000 | +€14,000 | +140.0% |
| Distributable reserves | 133 | €10,000 | €24,000 | +€14,000 | +140.0% |
| Profit (loss) carried forward | 14 | €1,658 | €1,967 | +€310 | +18.7% |
| Amounts payable | 17/49 | €417,283 | €860,318 | +€443,035 | +106.2% |
| Amounts payable after more than one year | 17 | €171,457 | €339,457 | +€168,000 | +98.0% |
| Other amounts payable | 178/9 | €171,457 | €339,457 | +€168,000 | +98.0% |
| Amounts payable within one year | 42/48 | €245,826 | €520,861 | +€275,035 | +111.9% |
| Current portion of amounts payable after more than one year | 42 | €245,000 | €420,500 | +€175,500 | +71.6% |
| Trade debts | 44 | €260 | €100,361 | +€100,101 | +38500.5% |
| Suppliers | 440/4 | €260 | €100,361 | +€100,101 | +38500.5% |
| Taxes, remuneration and social security | 45 | €566 | - | -€566 | |
| Taxes | 450/3 | €566 | - | -€566 | |
| Other operating charges | 640/8 | €387 | €480 | +€92 | +23.9% |
| Gross operating margin | 9900 | €25,404 | €38,897 | +€13,493 | +53.1% |
| Operating profit (loss) | 9901 | €25,017 | €38,417 | +€13,400 | +53.6% |
| Financial charges | 65/66B | €1,439 | €17,449 | +€16,010 | +1112.8% |
| Recurring financial charges | 65 | €1,439 | €17,449 | +€16,010 | +1112.8% |
| Profit (loss) for the period before taxes | 9903 | €23,578 | €20,969 | -€2,609 | -11.1% |
| Income taxes | 67/77 | €4,566 | €6,659 | +€2,093 | +45.8% |
| Profit (loss) for the period | 9904 | €19,012 | €14,310 | -€4,702 | -24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,012 | €14,310 | -€4,702 | -24.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.