JENS 4U: 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 4U
Largest movements
- Tangible fixed assets -€22,231
down €22,231 (-4.7%), from €469,243 to €447,012
of which Land and buildings: -€24,194
- Cash +€11,273
up €11,273 (+103%), from €10,907 to €22,180
mainly Depreciation (+€27,692) and Net result for the year (+€15,449)
- Reserves +€15,449
up €15,449 (+5.8%), from €265,289 to €280,739
- Trade debts -€11,109
down €11,109 (-45.8%), from €24,259 to €13,150
- Tax, wage and social debts -€8,959
down €8,959 (-46.3%), from €19,347 to €10,387
of which Taxes: -€8,159
- Debts after one year -€8,854
down €8,854 (-2.3%), from €377,639 to €368,784
- Staff costs -€9,094
down €9,094 (-10.8%), from €84,155 to €75,062
- Gross operating margin -€4,019
down €4,019 (-2.6%), from €157,225 to €153,206
- Financial charges -€3,075
down €3,075 (-12.4%), from €24,785 to €21,710
- Taxes +€1,864
up €1,864 (+30.7%), from €6,076 to €7,940
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 | €828,589 | €818,157 | -€10,432 | -1.3% |
| Fixed assets | 21/28 | €469,543 | €447,312 | -€22,231 | -4.7% |
| Tangible fixed assets | 22/27 | €469,243 | €447,012 | -€22,231 | -4.7% |
| Land and buildings | 22 | €466,747 | €442,553 | -€24,194 | -5.2% |
| Plant, machinery and equipment | 23 | €690 | €294 | -€396 | -57.4% |
| Furniture and vehicles | 24 | €1,806 | €4,166 | +€2,359 | +131% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €359,046 | €370,845 | +€11,798 | +3.3% |
| Stocks and contracts in progress | 3 | €342,365 | €348,095 | +€5,730 | +1.7% |
| Stocks | 30/36 | €342,365 | €348,095 | +€5,730 | +1.7% |
| Amounts receivable within one year | 40/41 | €4,356 | - | -€4,356 | |
| Trade receivables | 40 | €432 | - | -€432 | |
| Other amounts receivable | 41 | €3,924 | - | -€3,924 | |
| Cash at bank and in hand | 54/58 | €10,907 | €22,180 | +€11,273 | +103% |
| Deferred charges and accrued income | 490/1 | €1,418 | €570 | -€848 | -59.8% |
| Total equity and liabilities | 10/49 | €828,589 | €818,157 | -€10,432 | -1.3% |
| Equity | 10/15 | €286,496 | €301,945 | +€15,449 | +5.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €265,289 | €280,739 | +€15,449 | +5.8% |
| Distributable reserves | 133 | €265,289 | €280,739 | +€15,449 | +5.8% |
| Profit (loss) carried forward | 14 | €2,607 | €2,607 | = | 0.0% |
| Amounts payable | 17/49 | €542,094 | €516,212 | -€25,882 | -4.8% |
| Amounts payable after more than one year | 17 | €377,639 | €368,784 | -€8,854 | -2.3% |
| Financial debts | 170/4 | €377,639 | €368,784 | -€8,854 | -2.3% |
| Amounts payable within one year | 42/48 | €164,311 | €147,373 | -€16,938 | -10.3% |
| Current portion of amounts payable after more than one year | 42 | €43,054 | €43,854 | +€801 | +1.9% |
| Financial debts | 43 | €6,691 | €7,527 | +€837 | +12.5% |
| Credit institutions | 430/8 | €6,691 | €7,527 | +€837 | +12.5% |
| Trade debts | 44 | €24,259 | €13,150 | -€11,109 | -45.8% |
| Suppliers | 440/4 | €24,259 | €13,150 | -€11,109 | -45.8% |
| Taxes, remuneration and social security | 45 | €19,347 | €10,387 | -€8,959 | -46.3% |
| Taxes | 450/3 | €11,187 | €3,028 | -€8,159 | -72.9% |
| Remuneration and social security | 454/9 | €8,160 | €7,359 | -€800 | -9.8% |
| Other amounts payable | 47/48 | €70,962 | €72,454 | +€1,493 | +2.1% |
| Accrued charges and deferred income | 492/3 | €143 | €54 | -€89 | -62.3% |
| Non-recurring operating income | 76A | €25,510 | - | -€25,510 | |
| Remuneration, social security and pensions | 62 | €84,155 | €75,062 | -€9,094 | -10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,103 | €27,692 | +€589 | +2.2% |
| Other operating charges | 640/8 | €8,840 | €8,367 | -€473 | -5.4% |
| Gross operating margin | 9900 | €157,225 | €153,206 | -€4,019 | -2.6% |
| Operating profit (loss) | 9901 | €37,126 | €42,085 | +€4,959 | +13.4% |
| Financial income | 75/76B | €4,404 | €3,014 | -€1,390 | -31.6% |
| Recurring financial income | 75 | €4,404 | €3,014 | -€1,390 | -31.6% |
| Financial charges | 65/66B | €24,785 | €21,710 | -€3,075 | -12.4% |
| Recurring financial charges | 65 | €24,785 | €21,710 | -€3,075 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €16,745 | €23,389 | +€6,644 | +39.7% |
| Income taxes | 67/77 | €6,076 | €7,940 | +€1,864 | +30.7% |
| Profit (loss) for the period | 9904 | €10,669 | €15,449 | +€4,780 | +44.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,669 | €15,449 | +€4,780 | +44.8% |
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 23 October 2026 via checked.be.