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.
What changed
JENNY
NACE 93.130, Fitness centres
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€76,494
2024 · €14,452-€90,946
Equity
€1,768
2024 · €78,263-€76,494
Cash
€5,342
2024 · €2,712+€2,630
Balance sheet total
€1.6m
2024 · €223,219+€1.4m
Largest movements
Assets
- Tangible fixed assets +€1.4m
up €1.4m (+780.7%), from €174,679 to €1.5m
of which Other tangible fixed assets: +€961,596
Equity and liabilities
- Debts after one year +€1.0m
new in 2025: €1.0m
- Current portion of long-term debt +€178,342
new in 2025: €178,342
- Trade debts +€120,079
up €120,079 (+218.9%), from €54,867 to €174,946
- Profit (loss) carried forward -€76,494
down €76,494, from €0 to -€76,494
- Other debts +€63,201
up €63,201 (+3333.4%), from €1,896 to €65,097
Income statement
- Staff costs +€103,420
up €103,420 (+205.5%), from €50,320 to €153,739
- Gross operating margin +€36,419
up €36,419 (+34.7%), from €104,859 to €141,278
- Financial charges +€30,108
up €30,108 (+2547.4%), from €1,182 to €31,290
- Taxes -€6,730
down €6,730 (-88.2%), from €7,631 to €901
- Depreciation +€5,785
up €5,785 (+26.3%), from €21,961 to €27,746
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.
Result 2024
€14,452
Gross operating margin
+€36,419
Staff costs
-€103,420
Depreciation
-€5,785
Other operating charges
+€3,931
Other operating items
+€1,800
Financial income
-€514
Financial charges
-€30,108
Taxes
+€6,730
Result 2025
-€76,494
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.
From operations
+€153,170
Investment
-€1.4m
Financing
+€1.2m
Cash 2024
€2,712
From operations (derived)
+€153,170
Net result for the year
-€76,494
Depreciation
+€27,746
Receivables within one year
+€9,030
Smaller working-capital items
-€5,287
Trade debts
+€120,079
Tax, wage and social debts
+€5,795
Advances received
+€9,100
Other debts
+€63,201
Investment (derived)
-€1.4m
Investment in fixed assets (net)
-€1.4m
Financing
+€1.2m
Debts after one year
+€1.0m
Current portion of long-term debt
+€178,342
Short-term financial debts
+€25,407
Cash 2025
€5,342
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €223,219 | €1,585,912 | +€1.4m | +610.5% |
| Fixed assets | 21/28 | €176,912 | €1,543,174 | +€1.4m | +772.3% |
| Intangible fixed assets | 21 | €2,033 | €4,498 | +€2,465 | +121.3% |
| Tangible fixed assets | 22/27 | €174,679 | €1,538,476 | +€1.4m | +780.7% |
| Plant, machinery and equipment | 23 | €22,195 | €27,352 | +€5,157 | +23.2% |
| Furniture and vehicles | 24 | €2,170 | €1,631 | -€540 | -24.9% |
| Leasing and similar rights | 25 | - | €397,584 | +€397,584 | |
| Other tangible fixed assets | 26 | €150,313 | €1,111,909 | +€961,596 | +639.7% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €46,307 | €42,737 | -€3,570 | -7.7% |
| Amounts receivable within one year | 40/41 | €40,829 | €31,799 | -€9,030 | -22.1% |
| Trade receivables | 40 | €72 | €552 | +€480 | +666.7% |
| Other amounts receivable | 41 | €40,757 | €31,247 | -€9,510 | -23.3% |
| Cash at bank and in hand | 54/58 | €2,712 | €5,342 | +€2,630 | +97.0% |
| Deferred charges and accrued income | 490/1 | €2,766 | €5,596 | +€2,830 | +102.3% |
| Total equity and liabilities | 10/49 | €223,219 | €1,585,912 | +€1.4m | +610.5% |
| Equity | 10/15 | €78,263 | €1,768 | -€76,494 | -97.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €75,263 | €75,263 | = | 0.0% |
| Distributable reserves | 133 | €75,263 | €75,263 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€76,494 | -€76,494 | |
| Amounts payable | 17/49 | €144,956 | €1,584,143 | +€1.4m | +992.8% |
| Amounts payable after more than one year | 17 | - | €1,039,720 | +€1.0m | |
| Financial debts | 170/4 | - | €1,039,720 | +€1.0m | |
| Amounts payable within one year | 42/48 | €129,325 | €531,249 | +€401,924 | +310.8% |
| Current portion of amounts payable after more than one year | 42 | - | €178,342 | +€178,342 | |
| Financial debts | 43 | €25,430 | €50,837 | +€25,407 | +99.9% |
| Credit institutions | 430/8 | €25,430 | €50,837 | +€25,407 | +99.9% |
| Trade debts | 44 | €54,867 | €174,946 | +€120,079 | +218.9% |
| Suppliers | 440/4 | €54,867 | €174,946 | +€120,079 | +218.9% |
| Advances received on contracts in progress | 46 | - | €9,100 | +€9,100 | |
| Taxes, remuneration and social security | 45 | €47,132 | €52,927 | +€5,795 | +12.3% |
| Taxes | 450/3 | €32,734 | €17,702 | -€15,032 | -45.9% |
| Remuneration and social security | 454/9 | €14,399 | €35,225 | +€20,827 | +144.6% |
| Other amounts payable | 47/48 | €1,896 | €65,097 | +€63,201 | +3333.4% |
| Accrued charges and deferred income | 492/3 | €15,631 | €13,174 | -€2,457 | -15.7% |
| Remuneration, social security and pensions | 62 | €50,320 | €153,739 | +€103,420 | +205.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,961 | €27,746 | +€5,785 | +26.3% |
| Other operating charges | 640/8 | €8,060 | €4,130 | -€3,931 | -48.8% |
| Non-recurring operating charges | 66A | €1,800 | €0 | -€1,800 | -100.0% |
| Gross operating margin | 9900 | €104,859 | €141,278 | +€36,419 | +34.7% |
| Operating profit (loss) | 9901 | €22,718 | -€44,337 | -€67,055 | |
| Financial income | 75/76B | €547 | €33 | -€514 | -93.9% |
| Recurring financial income | 75 | €547 | €33 | -€514 | -93.9% |
| Financial charges | 65/66B | €1,182 | €31,290 | +€30,108 | +2547.4% |
| Recurring financial charges | 65 | €1,182 | €31,290 | +€30,108 | +2547.4% |
| Profit (loss) for the period before taxes | 9903 | €22,083 | -€75,593 | -€97,677 | |
| Income taxes | 67/77 | €7,631 | €901 | -€6,730 | -88.2% |
| Profit (loss) for the period | 9904 | €14,452 | -€76,494 | -€90,946 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,452 | -€76,494 | -€90,946 |
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 9 October 2026 via checked.be.