JENNY: 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.
JENNY
Largest movements
- Stocks and contracts +€60,571
up €60,571 (+712.6%), from €8,500 to €69,071
- Cash -€14,156
down €14,156 (-24.4%), from €58,129 to €43,973
mainly Net result for the year (-€71,121) and Stocks and contracts (-€60,571)
- Trade debts +€92,716
up €92,716 (+176.3%), from €52,590 to €145,305
- Profit (loss) carried forward -€71,121
down €71,121 (-24.8%), from -€287,230 to -€358,351
- Tax, wage and social debts +€24,193
up €24,193 (+35.1%), from €68,950 to €93,143
of which Remuneration and social security: +€27,777
- Other debts +€1,265
up €1,265 (+0.6%), from €216,050 to €217,315
- Gross operating margin -€57,399
down €57,399 (-87.3%), from €65,777 to €8,377
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 | €68,960 | €116,012 | +€47,052 | +68.2% |
| Fixed assets | 21/28 | €1,150 | €937 | -€213 | -18.5% |
| Tangible fixed assets | 22/27 | - | €937 | +€937 | |
| Furniture and vehicles | 24 | - | €937 | +€937 | |
| Financial fixed assets | 28 | €1,150 | - | -€1,150 | |
| Current assets | 29/58 | €67,810 | €115,075 | +€47,265 | +69.7% |
| Stocks and contracts in progress | 3 | €8,500 | €69,071 | +€60,571 | +712.6% |
| Stocks | 30/36 | €8,500 | €69,071 | +€60,571 | +712.6% |
| Amounts receivable within one year | 40/41 | €1,181 | €1,600 | +€419 | +35.5% |
| Trade receivables | 40 | €1,050 | €450 | -€600 | -57.1% |
| Other amounts receivable | 41 | €131 | €1,150 | +€1,019 | +779.8% |
| Cash at bank and in hand | 54/58 | €58,129 | €43,973 | -€14,156 | -24.4% |
| Deferred charges and accrued income | 490/1 | - | €431 | +€431 | |
| Total equity and liabilities | 10/49 | €68,960 | €116,012 | +€47,052 | +68.2% |
| Equity | 10/15 | -€268,630 | -€339,751 | -€71,121 | -26.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€287,230 | -€358,351 | -€71,121 | -24.8% |
| Amounts payable | 17/49 | €337,590 | €455,763 | +€118,173 | +35.0% |
| Amounts payable within one year | 42/48 | €337,590 | €455,763 | +€118,173 | +35.0% |
| Trade debts | 44 | €52,590 | €145,305 | +€92,716 | +176.3% |
| Suppliers | 440/4 | €52,590 | €145,305 | +€92,716 | +176.3% |
| Taxes, remuneration and social security | 45 | €68,950 | €93,143 | +€24,193 | +35.1% |
| Taxes | 450/3 | €15,393 | €11,810 | -€3,584 | -23.3% |
| Remuneration and social security | 454/9 | €53,557 | €81,333 | +€27,777 | +51.9% |
| Other amounts payable | 47/48 | €216,050 | €217,315 | +€1,265 | +0.6% |
| Remuneration, social security and pensions | 62 | €76,485 | €76,949 | +€464 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €91 | +€91 | |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €65,777 | €8,377 | -€57,399 | -87.3% |
| Operating profit (loss) | 9901 | -€11,214 | -€69,183 | -€57,969 | -516.9% |
| Financial income | 75/76B | €202 | €0 | -€202 | -100.0% |
| Recurring financial income | 75 | €202 | €0 | -€202 | -100.0% |
| Financial charges | 65/66B | €1,827 | €1,938 | +€112 | +6.1% |
| Recurring financial charges | 65 | €1,827 | €1,938 | +€112 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | -€12,838 | -€71,121 | -€58,283 | -454.0% |
| Profit (loss) for the period | 9904 | -€12,838 | -€71,121 | -€58,283 | -454.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,838 | -€71,121 | -€58,283 | -454.0% |
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 7 October 2026 via checked.be.