JENTHO-IT: 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.
JENTHO-IT
Largest movements
- Cash +€42,037
up €42,037 (+108.3%), from €38,832 to €80,870
mainly Net result for the year (+€34,663) and Receivables within one year (+€16,568)
- Receivables within one year -€16,568
down €16,568 (-34.3%), from €48,282 to €31,714
of which Trade receivables: -€18,248
- Current investments +€12,600
up €12,600 (+4.2%), from €299,703 to €312,302
- Reserves +€34,663
up €34,663 (+9.7%), from €358,249 to €392,912
of which Distributable reserves: +€34,663
- Trade debts +€8,596
up €8,596 (+262.4%), from €3,276 to €11,872
- Financial income -€6,557
down €6,557 (-97.8%), from €6,705 to €149
- Gross operating margin -€4,213
down €4,213 (-7.7%), from €54,775 to €50,562
- Taxes -€2,902
down €2,902 (-16.6%), from €17,499 to €14,597
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 | €389,468 | €430,128 | +€40,660 | +10.4% |
| Fixed assets | 21/28 | €1,857 | €4,340 | +€2,483 | +133.7% |
| Tangible fixed assets | 22/27 | €1,857 | €4,340 | +€2,483 | +133.7% |
| Plant, machinery and equipment | 23 | €1,381 | €1,181 | -€200 | -14.5% |
| Furniture and vehicles | 24 | €476 | €3,158 | +€2,682 | +563.6% |
| Current assets | 29/58 | €387,611 | €425,789 | +€38,178 | +9.8% |
| Amounts receivable within one year | 40/41 | €48,282 | €31,714 | -€16,568 | -34.3% |
| Trade receivables | 40 | €48,248 | €30,000 | -€18,248 | -37.8% |
| Other amounts receivable | 41 | €33 | €1,714 | +€1,681 | +5054.6% |
| Current investments | 50/53 | €299,703 | €312,302 | +€12,600 | +4.2% |
| Cash at bank and in hand | 54/58 | €38,832 | €80,870 | +€42,037 | +108.3% |
| Deferred charges and accrued income | 490/1 | €794 | €903 | +€108 | +13.7% |
| Total equity and liabilities | 10/49 | €389,468 | €430,128 | +€40,660 | +10.4% |
| Equity | 10/15 | €378,249 | €412,912 | +€34,663 | +9.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €358,249 | €392,912 | +€34,663 | +9.7% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €356,249 | €390,912 | +€34,663 | +9.7% |
| Amounts payable | 17/49 | €11,219 | €17,216 | +€5,997 | +53.5% |
| Amounts payable within one year | 42/48 | €11,011 | €16,752 | +€5,741 | +52.1% |
| Trade debts | 44 | €3,276 | €11,872 | +€8,596 | +262.4% |
| Suppliers | 440/4 | €3,276 | €11,872 | +€8,596 | +262.4% |
| Taxes, remuneration and social security | 45 | €7,735 | €4,880 | -€2,855 | -36.9% |
| Taxes | 450/3 | €7,735 | €4,880 | -€2,855 | -36.9% |
| Accrued charges and deferred income | 492/3 | €208 | €464 | +€256 | +123.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €911 | €900 | -€11 | -1.2% |
| Other operating charges | 640/8 | €548 | €385 | -€164 | -29.8% |
| Gross operating margin | 9900 | €54,775 | €50,562 | -€4,213 | -7.7% |
| Operating profit (loss) | 9901 | €53,316 | €49,277 | -€4,039 | -7.6% |
| Financial income | 75/76B | €6,705 | €149 | -€6,557 | -97.8% |
| Recurring financial income | 75 | €6,705 | €149 | -€6,557 | -97.8% |
| Financial charges | 65/66B | €133 | €166 | +€33 | +24.6% |
| Recurring financial charges | 65 | €133 | €166 | +€33 | +24.6% |
| Profit (loss) for the period before taxes | 9903 | €59,888 | €49,260 | -€10,628 | -17.7% |
| Income taxes | 67/77 | €17,499 | €14,597 | -€2,902 | -16.6% |
| Profit (loss) for the period | 9904 | €42,389 | €34,663 | -€7,726 | -18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €42,389 | €34,663 | -€7,726 | -18.2% |
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 12 October 2026 via checked.be.