JENIGO: 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.
JENIGO
Largest movements
- Receivables within one year +€37,779
up €37,779 (+17.7%), from €213,280 to €251,059
of which Other amounts receivable: +€38,581
- Cash -€35,411
down €35,411 (-88.8%), from €39,891 to €4,479
mainly Accrued charges and deferred income (-€66,807) and Net result for the year (-€63,248)
- Tangible fixed assets -€29,339
down €29,339 (-67.9%), from €43,199 to €13,860
of which Furniture and vehicles: -€28,423
- Trade debts +€91,708
up €91,708 (+254%), from €36,129 to €127,837
- Accrued charges and deferred income -€66,807
no longer reported in 2025 (was €66,807)
- Profit (loss) carried forward -€63,248
down €63,248, from €46,069 to -€17,179
- Current portion of long-term debt +€23,505
up €23,505 (+96.7%), from €24,318 to €47,823
- Short-term financial debts +€22,567
up €22,567 (+2,269%), from €995 to €23,561
- Gross operating margin -€98,370
down €98,370 (-76.6%), from €128,339 to €29,969
- Staff costs +€33,367
up €33,367 (+307%), from €10,873 to €44,240
- Taxes -€22,843
down €22,843 (-96.0%), from €23,795 to €952
- Financial charges +€11,235
up €11,235 (+313%), from €3,593 to €14,828
- Other operating charges -€6,898
down €6,898 (-64.1%), from €10,763 to €3,865
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 | €301,066 | €272,284 | -€28,782 | -9.6% |
| Fixed assets | 21/28 | €43,601 | €14,363 | -€29,239 | -67.1% |
| Tangible fixed assets | 22/27 | €43,199 | €13,860 | -€29,339 | -67.9% |
| Plant, machinery and equipment | 23 | €1,203 | €287 | -€916 | -76.1% |
| Furniture and vehicles | 24 | €41,995 | €13,573 | -€28,423 | -67.7% |
| Financial fixed assets | 28 | €403 | €503 | +€100 | +24.8% |
| Current assets | 29/58 | €257,464 | €257,921 | +€457 | +0.2% |
| Amounts receivable within one year | 40/41 | €213,280 | €251,059 | +€37,779 | +17.7% |
| Trade receivables | 40 | €28,313 | €27,512 | -€802 | -2.8% |
| Other amounts receivable | 41 | €184,967 | €223,548 | +€38,581 | +20.9% |
| Cash at bank and in hand | 54/58 | €39,891 | €4,479 | -€35,411 | -88.8% |
| Deferred charges and accrued income | 490/1 | €4,293 | €2,382 | -€1,911 | -44.5% |
| Total equity and liabilities | 10/49 | €301,066 | €272,284 | -€28,782 | -9.6% |
| Equity | 10/15 | €86,529 | €23,281 | -€63,248 | -73.1% |
| Contributions | 10/11 | €38,600 | €38,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,069 | -€17,179 | -€63,248 | |
| Amounts payable | 17/49 | €214,536 | €249,002 | +€34,466 | +16.1% |
| Amounts payable after more than one year | 17 | €26,684 | €8,244 | -€18,440 | -69.1% |
| Financial debts | 170/4 | €26,684 | €8,244 | -€18,440 | -69.1% |
| Amounts payable within one year | 42/48 | €121,045 | €240,759 | +€119,713 | +98.9% |
| Current portion of amounts payable after more than one year | 42 | €24,318 | €47,823 | +€23,505 | +96.7% |
| Financial debts | 43 | €995 | €23,561 | +€22,567 | +2,269% |
| Credit institutions | 430/8 | €995 | €23,561 | +€22,567 | +2,269% |
| Trade debts | 44 | €36,129 | €127,837 | +€91,708 | +254% |
| Suppliers | 440/4 | €36,129 | €127,837 | +€91,708 | +254% |
| Taxes, remuneration and social security | 45 | €59,604 | €41,537 | -€18,067 | -30.3% |
| Taxes | 450/3 | €58,639 | €29,656 | -€28,983 | -49.4% |
| Remuneration and social security | 454/9 | €965 | €11,881 | +€10,916 | +1,132% |
| Accrued charges and deferred income | 492/3 | €66,807 | - | -€66,807 | |
| Remuneration, social security and pensions | 62 | €10,873 | €44,240 | +€33,367 | +307% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,897 | €29,339 | -€4,558 | -13.4% |
| Other operating charges | 640/8 | €10,763 | €3,865 | -€6,898 | -64.1% |
| Gross operating margin | 9900 | €128,339 | €29,969 | -€98,370 | -76.6% |
| Operating profit (loss) | 9901 | €72,806 | -€47,475 | -€120,281 | |
| Financial income | 75/76B | €102 | €7 | -€96 | -93.3% |
| Recurring financial income | 75 | €102 | €7 | -€96 | -93.3% |
| Financial charges | 65/66B | €3,593 | €14,828 | +€11,235 | +313% |
| Recurring financial charges | 65 | €3,593 | €14,828 | +€11,235 | +313% |
| Profit (loss) for the period before taxes | 9903 | €69,316 | -€62,296 | -€131,612 | |
| Income taxes | 67/77 | €23,795 | €952 | -€22,843 | -96.0% |
| Profit (loss) for the period | 9904 | €45,520 | -€63,248 | -€108,768 | |
| Profit (loss) for the period to be appropriated | 9905 | €45,520 | -€63,248 | -€108,768 |
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 27 October 2026 via checked.be.