JENOKI: 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.
JENOKI
Largest movements
- Receivables within one year +€302,855
up €302,855 (+88.2%), from €343,246 to €646,101
of which Other amounts receivable: +€175,338
- Cash -€120,069
down €120,069 (-37.6%), from €319,562 to €199,493
mainly Contributions, distributions and other (-€960,000) and Receivables within one year (-€302,855)
- Financial fixed assets +€49,990
up €49,990 (+499900.0%), from €10 to €50,000
- Reserves -€576,194
down €576,194 (-72.6%), from €793,456 to €217,262
- Short-term financial debts +€379,008
up €379,008 (+46418.0%), from €817 to €379,824
- Other debts +€314,930
up €314,930 (+13817.6%), from €2,279 to €317,210
- Tax, wage and social debts +€117,374
up €117,374 (+118.8%), from €98,835 to €216,208
- Gross operating margin +€126,176
up €126,176 (+33.6%), from €375,479 to €501,654
- Taxes +€33,272
up €33,272 (+33.8%), from €98,386 to €131,658
- Financial income +€10,957
up €10,957 (+76.6%), from €14,311 to €25,269
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 | €949,508 | €1,180,465 | +€230,957 | +24.3% |
| Fixed assets | 21/28 | €22,910 | €63,934 | +€41,024 | +179.1% |
| Tangible fixed assets | 22/27 | €22,900 | €13,934 | -€8,966 | -39.2% |
| Furniture and vehicles | 24 | €10,812 | €3,690 | -€7,122 | -65.9% |
| Other tangible fixed assets | 26 | €12,088 | €10,244 | -€1,843 | -15.3% |
| Financial fixed assets | 28 | €10 | €50,000 | +€49,990 | +499900.0% |
| Current assets | 29/58 | €926,598 | €1,116,531 | +€189,933 | +20.5% |
| Amounts receivable after more than one year | 29 | €250,000 | €250,000 | = | 0.0% |
| Other amounts receivable | 291 | €250,000 | €250,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €343,246 | €646,101 | +€302,855 | +88.2% |
| Trade receivables | 40 | €177,431 | €304,948 | +€127,517 | +71.9% |
| Other amounts receivable | 41 | €165,815 | €341,153 | +€175,338 | +105.7% |
| Cash at bank and in hand | 54/58 | €319,562 | €199,493 | -€120,069 | -37.6% |
| Deferred charges and accrued income | 490/1 | €13,790 | €20,938 | +€7,148 | +51.8% |
| Total equity and liabilities | 10/49 | €949,508 | €1,180,465 | +€230,957 | +24.3% |
| Equity | 10/15 | €812,056 | €235,862 | -€576,194 | -71.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €793,456 | €217,262 | -€576,194 | -72.6% |
| Distributable reserves | 133 | €793,456 | €217,262 | -€576,194 | -72.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €137,452 | €944,603 | +€807,151 | +587.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €137,452 | €944,603 | +€807,151 | +587.2% |
| Current portion of amounts payable after more than one year | 42 | €5,716 | €0 | -€5,716 | -100.0% |
| Financial debts | 43 | €817 | €379,824 | +€379,008 | +46418.0% |
| Credit institutions | 430/8 | €817 | €379,824 | +€379,008 | +46418.0% |
| Trade debts | 44 | €29,805 | €31,361 | +€1,556 | +5.2% |
| Suppliers | 440/4 | €29,805 | €31,361 | +€1,556 | +5.2% |
| Taxes, remuneration and social security | 45 | €98,835 | €216,208 | +€117,374 | +118.8% |
| Taxes | 450/3 | €98,835 | €216,208 | +€117,374 | +118.8% |
| Other amounts payable | 47/48 | €2,279 | €317,210 | +€314,930 | +13817.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,839 | €8,966 | -€4,873 | -35.2% |
| Other operating charges | 640/8 | €1,111 | €1,129 | +€18 | +1.6% |
| Gross operating margin | 9900 | €375,479 | €501,654 | +€126,176 | +33.6% |
| Operating profit (loss) | 9901 | €360,529 | €491,559 | +€131,030 | +36.3% |
| Financial income | 75/76B | €14,311 | €25,269 | +€10,957 | +76.6% |
| Recurring financial income | 75 | €14,311 | €25,269 | +€10,957 | +76.6% |
| Financial charges | 65/66B | €760 | €1,364 | +€604 | +79.4% |
| Recurring financial charges | 65 | €760 | €1,364 | +€604 | +79.4% |
| Profit (loss) for the period before taxes | 9903 | €374,080 | €515,464 | +€141,384 | +37.8% |
| Income taxes | 67/77 | €98,386 | €131,658 | +€33,272 | +33.8% |
| Profit (loss) for the period | 9904 | €275,694 | €383,806 | +€108,112 | +39.2% |
| Profit (loss) for the period to be appropriated | 9905 | €275,694 | €383,806 | +€108,112 | +39.2% |
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 3 October 2026 via checked.be.