Jenna: 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.
Jenna
Largest movements
- Current investments +€120,000
up €120,000 (+60.0%), from €200,000 to €320,000
- Stocks and contracts -€18,414
down €18,414 (-37.1%), from €49,635 to €31,222
- Cash +€17,241
up €17,241 (+11.1%), from €155,144 to €172,385
mainly Net result for the year (+€146,135) and Other debts (+€38,660)
- Reserves +€101,367
up €101,367 (+40.2%), from €252,109 to €353,475
- Other debts +€38,660
up €38,660 (+25.0%), from €154,469 to €193,129
- Debts after one year -€19,523
down €19,523 (-62.3%), from €31,343 to €11,820
- Trade debts -€14,722
down €14,722 (-68.8%), from €21,407 to €6,685
- Tax, wage and social debts +€12,309
up €12,309 (+19.1%), from €64,595 to €76,903
of which Taxes: +€18,361
- Gross operating margin +€84,820
up €84,820 (+24.6%), from €344,846 to €429,665
- Taxes -€19,929
down €19,929 (-49.8%), from €40,000 to €20,071
- Staff costs +€11,517
up €11,517 (+5.6%), from €207,058 to €218,575
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 | €543,549 | €662,535 | +€118,987 | +21.9% |
| Fixed assets | 21/28 | €103,507 | €100,048 | -€3,459 | -3.3% |
| Intangible fixed assets | 21 | €1,388 | €831 | -€557 | -40.2% |
| Tangible fixed assets | 22/27 | €102,119 | €99,217 | -€2,902 | -2.8% |
| Land and buildings | 22 | €10,353 | €10,435 | +€82 | +0.8% |
| Plant, machinery and equipment | 23 | €2,337 | €1,013 | -€1,324 | -56.7% |
| Furniture and vehicles | 24 | €89,429 | €87,769 | -€1,660 | -1.9% |
| Current assets | 29/58 | €440,041 | €562,487 | +€122,446 | +27.8% |
| Stocks and contracts in progress | 3 | €49,635 | €31,222 | -€18,414 | -37.1% |
| Stocks | 30/36 | €49,635 | €31,222 | -€18,414 | -37.1% |
| Amounts receivable within one year | 40/41 | €33,630 | €38,066 | +€4,436 | +13.2% |
| Trade receivables | 40 | €4,272 | €764 | -€3,508 | -82.1% |
| Other amounts receivable | 41 | €29,358 | €37,302 | +€7,944 | +27.1% |
| Current investments | 50/53 | €200,000 | €320,000 | +€120,000 | +60.0% |
| Cash at bank and in hand | 54/58 | €155,144 | €172,385 | +€17,241 | +11.1% |
| Deferred charges and accrued income | 490/1 | €1,633 | €815 | -€818 | -50.1% |
| Total equity and liabilities | 10/49 | €543,549 | €662,535 | +€118,987 | +21.9% |
| Equity | 10/15 | €253,109 | €354,475 | +€101,367 | +40.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €252,109 | €353,475 | +€101,367 | +40.2% |
| Distributable reserves | 133 | €252,109 | €353,475 | +€101,367 | +40.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €290,440 | €308,060 | +€17,620 | +6.1% |
| Amounts payable after more than one year | 17 | €31,343 | €11,820 | -€19,523 | -62.3% |
| Financial debts | 170/4 | €31,343 | €11,820 | -€19,523 | -62.3% |
| Amounts payable within one year | 42/48 | €259,096 | €296,240 | +€37,144 | +14.3% |
| Current portion of amounts payable after more than one year | 42 | €18,626 | €19,523 | +€897 | +4.8% |
| Trade debts | 44 | €21,407 | €6,685 | -€14,722 | -68.8% |
| Suppliers | 440/4 | €21,407 | €6,685 | -€14,722 | -68.8% |
| Taxes, remuneration and social security | 45 | €64,595 | €76,903 | +€12,309 | +19.1% |
| Taxes | 450/3 | €14,602 | €32,963 | +€18,361 | +126% |
| Remuneration and social security | 454/9 | €49,992 | €43,940 | -€6,052 | -12.1% |
| Other amounts payable | 47/48 | €154,469 | €193,129 | +€38,660 | +25.0% |
| Remuneration, social security and pensions | 62 | €207,058 | €218,575 | +€11,517 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,208 | €31,542 | -€665 | -2.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €12,207 | €8,391 | -€3,817 | -31.3% |
| Gross operating margin | 9900 | €344,846 | €429,665 | +€84,820 | +24.6% |
| Operating profit (loss) | 9901 | €93,373 | €171,157 | +€77,784 | +83.3% |
| Financial income | 75/76B | €1,364 | €2,084 | +€720 | +52.8% |
| Recurring financial income | 75 | €1,364 | €2,084 | +€720 | +52.8% |
| Financial charges | 65/66B | €9,969 | €7,035 | -€2,934 | -29.4% |
| Recurring financial charges | 65 | €9,969 | €7,035 | -€2,934 | -29.4% |
| Profit (loss) for the period before taxes | 9903 | €84,768 | €166,206 | +€81,438 | +96.1% |
| Income taxes | 67/77 | €40,000 | €20,071 | -€19,929 | -49.8% |
| Profit (loss) for the period | 9904 | €44,768 | €146,135 | +€101,367 | +226% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €44,768 | €146,135 | +€101,367 | +226% |
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 16 October 2026 via checked.be.