JENRO: 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.
JENRO
Largest movements
- Tangible fixed assets +€10,562
new in 2025: €10,562
of which Other tangible fixed assets: +€7,015
- Stocks and contracts +€4,295
new in 2025: €4,295
- Cash +€2,322
up €2,322 (+12.9%), from €17,939 to €20,261
mainly Trade debts (+€60,708) and Other debts (+€12,805)
- Trade debts +€60,708
up €60,708 (+45.9%), from €132,158 to €192,866
- Tax, wage and social debts -€25,341
down €25,341 (-75.5%), from €33,565 to €8,224
of which Taxes: -€19,691
- Debts after one year -€25,121
down €25,121 (-26.3%), from €95,536 to €70,414
- Other debts +€12,805
up €12,805 (+71.1%), from €18,007 to €30,813
- Profit (loss) carried forward -€5,584
down €5,584 (-4.5%), from -€124,105 to -€129,689
- Turnover +€424,919
new in 2025: €424,919
- Purchases and services +€356,639
new in 2025: €356,639
- Gross operating margin +€83,093
up €83,093, from -€1,914 to €81,178
- Staff costs +€79,416
new in 2025: €79,416
- Other operating charges +€5,285
up €5,285 (+1364.5%), from €387 to €5,673
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 | €175,612 | €193,079 | +€17,467 | +9.9% |
| Fixed assets | 21/28 | - | €10,562 | +€10,562 | |
| Tangible fixed assets | 22/27 | - | €10,562 | +€10,562 | |
| Furniture and vehicles | 24 | - | €3,547 | +€3,547 | |
| Other tangible fixed assets | 26 | - | €7,015 | +€7,015 | |
| Current assets | 29/58 | €175,612 | €182,517 | +€6,905 | +3.9% |
| Stocks and contracts in progress | 3 | - | €4,295 | +€4,295 | |
| Stocks | 30/36 | - | €4,295 | +€4,295 | |
| Amounts receivable within one year | 40/41 | €157,306 | €157,669 | +€363 | +0.2% |
| Trade receivables | 40 | €146,456 | €43,405 | -€103,051 | -70.4% |
| Other amounts receivable | 41 | €10,850 | €114,264 | +€103,414 | +953.1% |
| Cash at bank and in hand | 54/58 | €17,939 | €20,261 | +€2,322 | +12.9% |
| Deferred charges and accrued income | 490/1 | €368 | €291 | -€76 | -20.8% |
| Total equity and liabilities | 10/49 | €175,612 | €193,079 | +€17,467 | +9.9% |
| Equity | 10/15 | -€103,654 | -€109,237 | -€5,584 | -5.4% |
| 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 | |
| Reserves not available under the articles | 1311 | - | €1,859 | +€1,859 | |
| Distributable reserves | 133 | €1,859 | - | -€1,859 | |
| Profit (loss) carried forward | 14 | -€124,105 | -€129,689 | -€5,584 | -4.5% |
| Amounts payable | 17/49 | €279,266 | €302,317 | +€23,051 | +8.3% |
| Amounts payable after more than one year | 17 | €95,536 | €70,414 | -€25,121 | -26.3% |
| Other amounts payable | 178/9 | €95,536 | €70,414 | -€25,121 | -26.3% |
| Amounts payable within one year | 42/48 | €183,730 | €231,902 | +€48,172 | +26.2% |
| Trade debts | 44 | €132,158 | €192,866 | +€60,708 | +45.9% |
| Suppliers | 440/4 | €132,158 | €192,866 | +€60,708 | +45.9% |
| Taxes, remuneration and social security | 45 | €33,565 | €8,224 | -€25,341 | -75.5% |
| Taxes | 450/3 | €19,716 | €25 | -€19,691 | -99.9% |
| Remuneration and social security | 454/9 | €13,848 | €8,199 | -€5,650 | -40.8% |
| Other amounts payable | 47/48 | €18,007 | €30,813 | +€12,805 | +71.1% |
| Turnover | 70 | - | €424,919 | +€424,919 | |
| Non-recurring operating income | 76A | - | €12,898 | +€12,898 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €356,639 | +€356,639 | |
| Remuneration, social security and pensions | 62 | - | €79,416 | +€79,416 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €603 | +€603 | |
| Other operating charges | 640/8 | €387 | €5,673 | +€5,285 | +1364.5% |
| Non-recurring operating charges | 66A | - | €200 | +€200 | |
| Gross operating margin | 9900 | -€1,914 | €81,178 | +€83,093 | |
| Operating profit (loss) | 9901 | -€2,302 | -€4,713 | -€2,412 | -104.8% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €445 | €872 | +€427 | +96.0% |
| Recurring financial charges | 65 | €445 | €872 | +€427 | +96.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,746 | -€5,584 | -€2,837 | -103.3% |
| Profit (loss) for the period | 9904 | -€2,746 | -€5,584 | -€2,837 | -103.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,746 | -€5,584 | -€2,837 | -103.3% |
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 4 October 2026 via checked.be.