JETPHENIX: 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.
JETPHENIX
Largest movements
- Cash -€5,898
down €5,898 (-91.4%), from €6,456 to €558
mainly Net result for the year (-€8,444) and Deferred charges and accrued income (-€2,500)
- Tangible fixed assets -€4,508
down €4,508 (-18.1%), from €24,949 to €20,441
- Deferred charges and accrued income +€2,500
new in 2025: €2,500
- Receivables within one year -€1,055
no longer reported in 2025 (was €1,055)
- Profit (loss) carried forward -€8,444
down €8,444 (-4.3%), from -€196,816 to -€205,260
- Revaluation surpluses -€3,827
no longer reported in 2025 (was €3,827)
- Reserves +€3,827
up €3,827 (+1.9%), from €202,009 to €205,836
of which Distributable reserves: +€3,827
- Trade debts -€2,248
no longer reported in 2025 (was €2,248)
- Accrued charges and deferred income +€2,230
new in 2025: €2,230
- Gross operating margin +€53,986
up €53,986 (+97.9%), from -€55,158 to -€1,172
- Financial charges -€8,826
down €8,826 (-98.7%), from €8,939 to €114
- Depreciation -€7,862
down €7,862 (-63.6%), from €12,370 to €4,508
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 | €32,460 | €23,499 | -€8,961 | -27.6% |
| Fixed assets | 21/28 | €24,949 | €20,441 | -€4,508 | -18.1% |
| Tangible fixed assets | 22/27 | €24,949 | €20,441 | -€4,508 | -18.1% |
| Land and buildings | 22 | €24,949 | €20,441 | -€4,508 | -18.1% |
| Current assets | 29/58 | €7,511 | €3,058 | -€4,453 | -59.3% |
| Amounts receivable within one year | 40/41 | €1,055 | - | -€1,055 | |
| Other amounts receivable | 41 | €1,055 | - | -€1,055 | |
| Cash at bank and in hand | 54/58 | €6,456 | €558 | -€5,898 | -91.4% |
| Deferred charges and accrued income | 490/1 | - | €2,500 | +€2,500 | |
| Total equity and liabilities | 10/49 | €32,460 | €23,499 | -€8,961 | -27.6% |
| Equity | 10/15 | €27,612 | €19,168 | -€8,444 | -30.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Revaluation surpluses | 12 | €3,827 | - | -€3,827 | |
| Reserves | 13 | €202,009 | €205,836 | +€3,827 | +1.9% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €200,150 | €203,977 | +€3,827 | +1.9% |
| Profit (loss) carried forward | 14 | -€196,816 | -€205,260 | -€8,444 | -4.3% |
| Amounts payable | 17/49 | €4,848 | €4,331 | -€518 | -10.7% |
| Amounts payable within one year | 42/48 | €4,848 | €2,101 | -€2,748 | -56.7% |
| Trade debts | 44 | €2,248 | - | -€2,248 | |
| Suppliers | 440/4 | €2,248 | - | -€2,248 | |
| Other amounts payable | 47/48 | €2,601 | €2,101 | -€500 | -19.2% |
| Accrued charges and deferred income | 492/3 | - | €2,230 | +€2,230 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,370 | €4,508 | -€7,862 | -63.6% |
| Other operating charges | 640/8 | €2,272 | €2,702 | +€430 | +18.9% |
| Non-recurring operating charges | 66A | €1,471 | - | -€1,471 | |
| Gross operating margin | 9900 | -€55,158 | -€1,172 | +€53,986 | +97.9% |
| Operating profit (loss) | 9901 | -€71,272 | -€8,382 | +€62,890 | +88.2% |
| Financial income | 75/76B | €172 | €52 | -€120 | -69.7% |
| Recurring financial income | 75 | €172 | €52 | -€120 | -69.7% |
| Financial charges | 65/66B | €8,939 | €114 | -€8,826 | -98.7% |
| Recurring financial charges | 65 | €8,939 | €114 | -€8,826 | -98.7% |
| Profit (loss) for the period before taxes | 9903 | -€80,039 | -€8,444 | +€71,595 | +89.5% |
| Profit (loss) for the period | 9904 | -€80,039 | -€8,444 | +€71,595 | +89.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€80,039 | -€8,444 | +€71,595 | +89.5% |
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 3 October 2026 via checked.be.