JENNY: 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.
JENNY
Largest movements
- Cash -€8,957
down €8,957 (-36.7%), from €24,386 to €15,429
mainly Short-term financial debts (-€14,679) and Trade debts (-€5,606)
- Tangible fixed assets -€3,863
down €3,863 (-89.9%), from €4,298 to €435
of which Furniture and vehicles: -€3,834
- Deferred charges and accrued income -€1,517
down €1,517 (-55.9%), from €2,715 to €1,199
- Short-term financial debts -€14,679
down €14,679 (-28.2%), from €52,055 to €37,376
- Tax, wage and social debts +€7,444
up €7,444 (+210%), from €3,551 to €10,995
of which Remuneration and social security: +€9,219
- Trade debts -€5,606
down €5,606 (-45.7%), from €12,275 to €6,669
- Other debts +€4,142
up €4,142 (+66.3%), from €6,251 to €10,393
- Debts after one year -€3,863
down €3,863 (-3.9%), from €97,827 to €93,965
of which Financial debts: -€3,863
- Gross operating margin -€18,509
down €18,509 (-38.0%), from €48,660 to €30,151
- Staff costs +€3,556
up €3,556 (+29.7%), from €11,980 to €15,535
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €96,808 | €82,644 | -€14,164 | -14.6% |
| Fixed assets | 21/28 | €4,298 | €435 | -€3,863 | -89.9% |
| Tangible fixed assets | 22/27 | €4,298 | €435 | -€3,863 | -89.9% |
| Plant, machinery and equipment | 23 | €58 | €29 | -€29 | -50.0% |
| Furniture and vehicles | 24 | €4,240 | €407 | -€3,834 | -90.4% |
| Current assets | 29/58 | €92,510 | €82,209 | -€10,301 | -11.1% |
| Stocks and contracts in progress | 3 | €26 | €26 | = | 0.0% |
| Stocks | 30/36 | €26 | €26 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €65,382 | €65,555 | +€173 | +0.3% |
| Trade receivables | 40 | €61,737 | €61,565 | -€171 | -0.3% |
| Other amounts receivable | 41 | €3,645 | €3,990 | +€344 | +9.4% |
| Cash at bank and in hand | 54/58 | €24,386 | €15,429 | -€8,957 | -36.7% |
| Deferred charges and accrued income | 490/1 | €2,715 | €1,199 | -€1,517 | -55.9% |
| Total equity and liabilities | 10/49 | €96,808 | €82,644 | -€14,164 | -14.6% |
| Equity | 10/15 | -€83,253 | -€85,854 | -€2,601 | -3.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€103,704 | -€106,305 | -€2,601 | -2.5% |
| Amounts payable | 17/49 | €180,061 | €168,498 | -€11,563 | -6.4% |
| Amounts payable after more than one year | 17 | €97,827 | €93,965 | -€3,863 | -3.9% |
| Financial debts | 170/4 | €7,344 | €3,481 | -€3,863 | -52.6% |
| Other amounts payable | 178/9 | €90,483 | €90,483 | = | 0.0% |
| Amounts payable within one year | 42/48 | €82,233 | €73,143 | -€9,090 | -11.1% |
| Current portion of amounts payable after more than one year | 42 | €8,101 | €7,710 | -€391 | -4.8% |
| Financial debts | 43 | €52,055 | €37,376 | -€14,679 | -28.2% |
| Credit institutions | 430/8 | €52,055 | €37,376 | -€14,679 | -28.2% |
| Trade debts | 44 | €12,275 | €6,669 | -€5,606 | -45.7% |
| Suppliers | 440/4 | €12,275 | €6,669 | -€5,606 | -45.7% |
| Taxes, remuneration and social security | 45 | €3,551 | €10,995 | +€7,444 | +210% |
| Taxes | 450/3 | €2,462 | €687 | -€1,775 | -72.1% |
| Remuneration and social security | 454/9 | €1,089 | €10,307 | +€9,219 | +847% |
| Other amounts payable | 47/48 | €6,251 | €10,393 | +€4,142 | +66.3% |
| Accrued charges and deferred income | 492/3 | - | €1,390 | +€1,390 | |
| Non-recurring operating income | 76A | €4,729 | - | -€4,729 | |
| Remuneration, social security and pensions | 62 | €11,980 | €15,535 | +€3,556 | +29.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,866 | €3,863 | -€4 | -0.1% |
| Other operating charges | 640/8 | €5,208 | €5,688 | +€480 | +9.2% |
| Gross operating margin | 9900 | €48,660 | €30,151 | -€18,509 | -38.0% |
| Operating profit (loss) | 9901 | €27,606 | €5,065 | -€22,541 | -81.7% |
| Financial income | 75/76B | €64 | €447 | +€383 | +599% |
| Recurring financial income | 75 | €64 | €447 | +€383 | +599% |
| Financial charges | 65/66B | €7,805 | €7,974 | +€169 | +2.2% |
| Recurring financial charges | 65 | €7,805 | €7,974 | +€169 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €19,865 | -€2,462 | -€22,327 | |
| Income taxes | 67/77 | €296 | €139 | -€157 | -53.1% |
| Profit (loss) for the period | 9904 | €19,569 | -€2,601 | -€22,170 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,569 | -€2,601 | -€22,170 |
Source: filed annual accounts (NBB), financial years ended 30 June 2022 and 30 June 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.