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
- Receivables within one year -€11,598
no longer reported in 2025 (was €11,598)
- Cash +€9,005
up €9,005 (+8,180%), from €110 to €9,115
mainly Net result for the year (+€41,553) and Receivables within one year (+€11,598)
- Debts after one year -€61,758
down €61,758 (-24.0%), from €257,062 to €195,304
- Reserves +€41,553
up €41,553 (+126%), from €32,957 to €74,510
- Tax, wage and social debts +€11,032
up €11,032 (+93.5%), from €11,803 to €22,835
- Current portion of long-term debt +€3,820
up €3,820 (+6.6%), from €57,938 to €61,758
- Gross operating margin +€23,479
up €23,479 (+54.3%), from €43,279 to €66,758
- Financial charges +€12,479
up €12,479 (+2,197%), from €568 to €13,047
- Taxes +€1,946
up €1,946 (+22.3%), from €8,712 to €10,658
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 | €363,812 | €360,392 | -€3,421 | -0.9% |
| Fixed assets | 21/28 | €352,104 | €351,277 | -€827 | -0.2% |
| Tangible fixed assets | 22/27 | €2,104 | €1,277 | -€827 | -39.3% |
| Plant, machinery and equipment | 23 | €2,104 | €1,277 | -€827 | -39.3% |
| Financial fixed assets | 28 | €350,000 | €350,000 | = | 0.0% |
| Current assets | 29/58 | €11,709 | €9,115 | -€2,594 | -22.2% |
| Amounts receivable within one year | 40/41 | €11,598 | - | -€11,598 | |
| Trade receivables | 40 | €11,598 | - | -€11,598 | |
| Cash at bank and in hand | 54/58 | €110 | €9,115 | +€9,005 | +8,180% |
| Total equity and liabilities | 10/49 | €363,812 | €360,392 | -€3,421 | -0.9% |
| Equity | 10/15 | €35,957 | €77,510 | +€41,553 | +116% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €32,957 | €74,510 | +€41,553 | +126% |
| Distributable reserves | 133 | €32,957 | €74,510 | +€41,553 | +126% |
| Amounts payable | 17/49 | €327,855 | €282,882 | -€44,973 | -13.7% |
| Amounts payable after more than one year | 17 | €257,062 | €195,304 | -€61,758 | -24.0% |
| Financial debts | 170/4 | €257,062 | €195,304 | -€61,758 | -24.0% |
| Amounts payable within one year | 42/48 | €70,285 | €84,646 | +€14,360 | +20.4% |
| Current portion of amounts payable after more than one year | 42 | €57,938 | €61,758 | +€3,820 | +6.6% |
| Trade debts | 44 | €150 | €53 | -€98 | -64.8% |
| Suppliers | 440/4 | €150 | €53 | -€98 | -64.8% |
| Taxes, remuneration and social security | 45 | €11,803 | €22,835 | +€11,032 | +93.5% |
| Taxes | 450/3 | €11,803 | €22,835 | +€11,032 | +93.5% |
| Other amounts payable | 47/48 | €394 | - | -€394 | |
| Accrued charges and deferred income | 492/3 | €508 | €2,933 | +€2,425 | +477% |
| Remuneration, social security and pensions | 62 | €172 | - | -€172 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €377 | €827 | +€450 | +119% |
| Other operating charges | 640/8 | €493 | €673 | +€180 | +36.6% |
| Gross operating margin | 9900 | €43,279 | €66,758 | +€23,479 | +54.3% |
| Operating profit (loss) | 9901 | €42,237 | €65,258 | +€23,021 | +54.5% |
| Financial charges | 65/66B | €568 | €13,047 | +€12,479 | +2,197% |
| Recurring financial charges | 65 | €568 | €13,047 | +€12,479 | +2,197% |
| Profit (loss) for the period before taxes | 9903 | €41,669 | €52,210 | +€10,541 | +25.3% |
| Income taxes | 67/77 | €8,712 | €10,658 | +€1,946 | +22.3% |
| Profit (loss) for the period | 9904 | €32,957 | €41,553 | +€8,596 | +26.1% |
| Profit (loss) for the period to be appropriated | 9905 | €32,957 | €41,553 | +€8,596 | +26.1% |
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 16 October 2026 via checked.be.