JENNAH IMMO: 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.
JENNAH IMMO
Largest movements
- Receivables within one year +€200,000
new in 2025: €200,000
- Tangible fixed assets -€22,500
down €22,500 (-5.1%), from €441,808 to €419,308
- Other debts +€200,000
up €200,000 (+171%), from €117,238 to €317,238
- Debts after one year -€19,342
down €19,342 (-4.8%), from €405,971 to €386,629
- Gross operating margin -€10,133
down €10,133 (-22.8%), from €44,447 to €34,313
- Financial charges -€3,695
down €3,695 (-27.8%), from €13,279 to €9,584
- Other operating charges +€2,185
up €2,185 (+59.2%), from €3,694 to €5,879
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 | €455,877 | €630,278 | +€174,401 | +38.3% |
| Fixed assets | 21/28 | €441,808 | €419,308 | -€22,500 | -5.1% |
| Tangible fixed assets | 22/27 | €441,808 | €419,308 | -€22,500 | -5.1% |
| Land and buildings | 22 | €441,808 | €419,308 | -€22,500 | -5.1% |
| Current assets | 29/58 | €14,069 | €210,970 | +€196,901 | +1,400% |
| Amounts receivable within one year | 40/41 | - | €200,000 | +€200,000 | |
| Trade receivables | 40 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €8,609 | €10,970 | +€2,361 | +27.4% |
| Deferred charges and accrued income | 490/1 | €5,460 | - | -€5,460 | |
| Total equity and liabilities | 10/49 | €455,877 | €630,278 | +€174,401 | +38.3% |
| Equity | 10/15 | -€88,740 | -€92,390 | -€3,650 | -4.1% |
| Profit (loss) carried forward | 14 | -€88,740 | -€92,390 | -€3,650 | -4.1% |
| Amounts payable | 17/49 | €544,617 | €722,668 | +€178,051 | +32.7% |
| Amounts payable after more than one year | 17 | €405,971 | €386,629 | -€19,342 | -4.8% |
| Financial debts | 170/4 | €405,971 | €386,629 | -€19,342 | -4.8% |
| Amounts payable within one year | 42/48 | €133,415 | €336,039 | +€202,624 | +152% |
| Current portion of amounts payable after more than one year | 42 | €16,177 | €18,800 | +€2,624 | +16.2% |
| Other amounts payable | 47/48 | €117,238 | €317,238 | +€200,000 | +171% |
| Accrued charges and deferred income | 492/3 | €5,231 | - | -€5,231 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,500 | €22,500 | = | 0.0% |
| Other operating charges | 640/8 | €3,694 | €5,879 | +€2,185 | +59.2% |
| Gross operating margin | 9900 | €44,447 | €34,313 | -€10,133 | -22.8% |
| Operating profit (loss) | 9901 | €18,253 | €5,934 | -€12,318 | -67.5% |
| Financial charges | 65/66B | €13,279 | €9,584 | -€3,695 | -27.8% |
| Recurring financial charges | 65 | €13,279 | €9,584 | -€3,695 | -27.8% |
| Profit (loss) for the period before taxes | 9903 | €4,974 | -€3,650 | -€8,624 | |
| Profit (loss) for the period | 9904 | €4,974 | -€3,650 | -€8,624 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,974 | -€3,650 | -€8,624 |
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.