JENS: 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.
JENS
Largest movements
- Tangible fixed assets -€76,852
down €76,852 (-5.2%), from €1.5m to €1.4m
of which Land and buildings: -€52,496
- Receivables within one year +€65,693
up €65,693 (+16.8%), from €390,588 to €456,281
of which Other amounts receivable: +€49,838
- Debts after one year -€95,922
down €95,922 (-8.8%), from €1.1m to €996,459
- Current portion of long-term debt -€61,401
down €61,401 (-34.7%), from €176,887 to €115,486
- Other debts +€46,324
up €46,324 (+18.4%), from €251,374 to €297,698
- Reserves +€40,800
up €40,800 (+13.5%), from €302,910 to €343,710
- Trade debts +€35,709
up €35,709 (+147%), from €24,294 to €60,003
- Depreciation -€45,874
down €45,874 (-37.9%), from €120,972 to €75,098
- Gross operating margin -€29,652
down €29,652 (-14.7%), from €201,450 to €171,797
- Financial charges +€10,546
up €10,546 (+36.3%), from €29,089 to €39,636
- Taxes +€4,436
up €4,436 (+24.0%), from €18,454 to €22,890
- Financial income +€2,168
up €2,168 (+18.1%), from €11,986 to €14,154
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.
Derived cash bridge
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 | €1,904,087 | €1,897,719 | -€6,367 | -0.3% |
| Fixed assets | 21/28 | €1,506,578 | €1,429,726 | -€76,852 | -5.1% |
| Tangible fixed assets | 22/27 | €1,490,428 | €1,413,576 | -€76,852 | -5.2% |
| Land and buildings | 22 | €1,462,346 | €1,409,850 | -€52,496 | -3.6% |
| Plant, machinery and equipment | 23 | €1,160 | - | -€1,160 | |
| Leasing and similar rights | 25 | €26,922 | €3,726 | -€23,196 | -86.2% |
| Financial fixed assets | 28 | €16,150 | €16,150 | = | 0.0% |
| Current assets | 29/58 | €397,509 | €467,993 | +€70,484 | +17.7% |
| Amounts receivable within one year | 40/41 | €390,588 | €456,281 | +€65,693 | +16.8% |
| Trade receivables | 40 | €2,675 | €18,530 | +€15,855 | +593% |
| Other amounts receivable | 41 | €387,913 | €437,751 | +€49,838 | +12.8% |
| Cash at bank and in hand | 54/58 | - | €0 | +€0 | |
| Deferred charges and accrued income | 490/1 | €6,921 | €11,712 | +€4,791 | +69.2% |
| Total equity and liabilities | 10/49 | €1,904,087 | €1,897,719 | -€6,367 | -0.3% |
| Equity | 10/15 | €353,041 | €393,856 | +€40,815 | +11.6% |
| Contributions | 10/11 | €47,400 | €47,400 | = | 0.0% |
| Reserves | 13 | €302,910 | €343,710 | +€40,800 | +13.5% |
| Distributable reserves | 133 | €302,910 | €343,710 | +€40,800 | +13.5% |
| Profit (loss) carried forward | 14 | €2,731 | €2,746 | +€15 | +0.6% |
| Amounts payable | 17/49 | €1,551,046 | €1,503,864 | -€47,183 | -3.0% |
| Amounts payable after more than one year | 17 | €1,092,381 | €996,459 | -€95,922 | -8.8% |
| Financial debts | 170/4 | €1,092,381 | €996,459 | -€95,922 | -8.8% |
| Amounts payable within one year | 42/48 | €458,665 | €498,179 | +€39,514 | +8.6% |
| Current portion of amounts payable after more than one year | 42 | €176,887 | €115,486 | -€61,401 | -34.7% |
| Trade debts | 44 | €24,294 | €60,003 | +€35,709 | +147% |
| Suppliers | 440/4 | €24,294 | €60,003 | +€35,709 | +147% |
| Taxes, remuneration and social security | 45 | €6,110 | €24,992 | +€18,882 | +309% |
| Taxes | 450/3 | €6,110 | €24,992 | +€18,882 | +309% |
| Other amounts payable | 47/48 | €251,374 | €297,698 | +€46,324 | +18.4% |
| Accrued charges and deferred income | 492/3 | - | €9,225 | +€9,225 | |
| Non-recurring operating income | 76A | €56,727 | - | -€56,727 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €120,972 | €75,098 | -€45,874 | -37.9% |
| Other operating charges | 640/8 | €6,517 | €5,758 | -€758 | -11.6% |
| Non-recurring operating charges | 66A | - | €1,753 | +€1,753 | |
| Gross operating margin | 9900 | €201,450 | €171,797 | -€29,652 | -14.7% |
| Operating profit (loss) | 9901 | €73,961 | €89,187 | +€15,226 | +20.6% |
| Financial income | 75/76B | €11,986 | €14,154 | +€2,168 | +18.1% |
| Recurring financial income | 75 | €11,986 | €14,154 | +€2,168 | +18.1% |
| Financial charges | 65/66B | €29,089 | €39,636 | +€10,546 | +36.3% |
| Recurring financial charges | 65 | €29,089 | €39,636 | +€10,546 | +36.3% |
| Profit (loss) for the period before taxes | 9903 | €56,858 | €63,706 | +€6,848 | +12.0% |
| Income taxes | 67/77 | €18,454 | €22,890 | +€4,436 | +24.0% |
| Profit (loss) for the period | 9904 | €38,403 | €40,815 | +€2,412 | +6.3% |
| Profit (loss) for the period to be appropriated | 9905 | €38,403 | €40,815 | +€2,412 | +6.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.