Jeunen Projects: 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.
Jeunen Projects
Largest movements
- Cash +€91,879
up €91,879 (+241.7%), from €38,019 to €129,898
mainly Net result for the year (+€71,346) and Tax, wage and social debts (+€12,682)
- Tangible fixed assets -€2,362
down €2,362 (-22.9%), from €10,304 to €7,941
of which Furniture and vehicles: -€1,957
- Receivables within one year -€1,823
down €1,823 (-63.3%), from €2,877 to €1,054
- Reserves +€71,346
up €71,346 (+230.7%), from €30,926 to €102,272
- Tax, wage and social debts +€12,682
up €12,682 (+161.2%), from €7,866 to €20,547
- Short-term financial debts +€2,669
up €2,669 (+226.8%), from €1,176 to €3,845
- Gross operating margin +€55,288
up €55,288 (+140.8%), from €39,264 to €94,552
- Taxes +€11,594
up €11,594 (+147.4%), from €7,866 to €19,460
- Depreciation +€2,170
up €2,170 (+1128.3%), from €192 to €2,362
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 | €51,200 | €139,925 | +€88,725 | +173.3% |
| Fixed assets | 21/28 | €10,304 | €8,441 | -€1,862 | -18.1% |
| Tangible fixed assets | 22/27 | €10,304 | €7,941 | -€2,362 | -22.9% |
| Plant, machinery and equipment | 23 | €1,990 | €1,585 | -€405 | -20.4% |
| Furniture and vehicles | 24 | €8,314 | €6,357 | -€1,957 | -23.5% |
| Financial fixed assets | 28 | - | €500 | +€500 | |
| Current assets | 29/58 | €40,897 | €131,484 | +€90,587 | +221.5% |
| Amounts receivable within one year | 40/41 | €2,877 | €1,054 | -€1,823 | -63.3% |
| Other amounts receivable | 41 | €2,877 | €1,054 | -€1,823 | -63.3% |
| Cash at bank and in hand | 54/58 | €38,019 | €129,898 | +€91,879 | +241.7% |
| Deferred charges and accrued income | 490/1 | - | €531 | +€531 | |
| Total equity and liabilities | 10/49 | €51,200 | €139,925 | +€88,725 | +173.3% |
| Equity | 10/15 | €38,426 | €109,772 | +€71,346 | +185.7% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €30,926 | €102,272 | +€71,346 | +230.7% |
| Distributable reserves | 133 | €30,926 | €102,272 | +€71,346 | +230.7% |
| Amounts payable | 17/49 | €12,774 | €30,153 | +€17,379 | +136.0% |
| Amounts payable within one year | 42/48 | €12,774 | €29,942 | +€17,168 | +134.4% |
| Financial debts | 43 | €1,176 | €3,845 | +€2,669 | +226.8% |
| Credit institutions | 430/8 | €1,176 | €3,845 | +€2,669 | +226.8% |
| Trade debts | 44 | €3,252 | €3,982 | +€730 | +22.5% |
| Suppliers | 440/4 | €3,252 | €3,982 | +€730 | +22.5% |
| Taxes, remuneration and social security | 45 | €7,866 | €20,547 | +€12,682 | +161.2% |
| Taxes | 450/3 | €7,866 | €20,547 | +€12,682 | +161.2% |
| Other amounts payable | 47/48 | €480 | €1,567 | +€1,088 | +226.8% |
| Accrued charges and deferred income | 492/3 | - | €211 | +€211 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €192 | €2,362 | +€2,170 | +1128.3% |
| Other operating charges | 640/8 | - | €543 | +€543 | |
| Gross operating margin | 9900 | €39,264 | €94,552 | +€55,288 | +140.8% |
| Operating profit (loss) | 9901 | €39,071 | €91,647 | +€52,576 | +134.6% |
| Financial income | 75/76B | €93 | €1 | -€91 | -98.8% |
| Recurring financial income | 75 | €93 | €1 | -€91 | -98.8% |
| Financial charges | 65/66B | €372 | €842 | +€471 | +126.8% |
| Recurring financial charges | 65 | €372 | €842 | +€471 | +126.8% |
| Profit (loss) for the period before taxes | 9903 | €38,792 | €90,806 | +€52,013 | +134.1% |
| Income taxes | 67/77 | €7,866 | €19,460 | +€11,594 | +147.4% |
| Profit (loss) for the period | 9904 | €30,926 | €71,346 | +€40,419 | +130.7% |
| Profit (loss) for the period to be appropriated | 9905 | €30,926 | €71,346 | +€40,419 | +130.7% |
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 7 October 2026 via checked.be.