JINANE: 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.
JINANE
Largest movements
- Tangible fixed assets -€8,270
down €8,270 (-15.3%), from €54,088 to €45,818
of which Plant, machinery and equipment: -€5,229
- Cash +€5,185
new in 2025: €5,185
mainly Short-term financial debts (+€28,334) and Net result for the year (+€13,801)
- Stocks and contracts +€1,265
up €1,265 (+18.0%), from €7,016 to €8,281
- Receivables within one year +€820
up €820 (+9.0%), from €9,111 to €9,931
- Debts after one year -€37,737
no longer reported in 2025 (was €37,737)
- Short-term financial debts +€28,334
new in 2025: €28,334
- Other debts -€16,949
down €16,949 (-20.2%), from €84,059 to €67,110
- Profit (loss) carried forward +€13,802
up €13,802 (+11.3%), from -€122,330 to -€108,528
- Trade debts +€13,417
up €13,417 (+49.4%), from €27,146 to €40,563
- Gross operating margin +€51,627
up €51,627 (+29.3%), from €176,452 to €228,079
- Staff costs +€13,660
up €13,660 (+7.3%), from €187,880 to €201,540
- Financial charges -€2,448
down €2,448 (-38.7%), from €6,332 to €3,884
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 | €70,215 | €69,215 | -€1,000 | -1.4% |
| Fixed assets | 21/28 | €54,088 | €45,818 | -€8,270 | -15.3% |
| Tangible fixed assets | 22/27 | €54,088 | €45,818 | -€8,270 | -15.3% |
| Plant, machinery and equipment | 23 | €32,159 | €26,930 | -€5,229 | -16.3% |
| Furniture and vehicles | 24 | €1,438 | €959 | -€479 | -33.3% |
| Other tangible fixed assets | 26 | €20,491 | €17,929 | -€2,562 | -12.5% |
| Current assets | 29/58 | €16,127 | €23,398 | +€7,271 | +45.1% |
| Stocks and contracts in progress | 3 | €7,016 | €8,281 | +€1,265 | +18.0% |
| Stocks | 30/36 | €7,016 | €8,281 | +€1,265 | +18.0% |
| Amounts receivable within one year | 40/41 | €9,111 | €9,931 | +€820 | +9.0% |
| Other amounts receivable | 41 | €9,111 | €9,931 | +€820 | +9.0% |
| Cash at bank and in hand | 54/58 | - | €5,185 | +€5,185 | |
| Total equity and liabilities | 10/49 | €70,215 | €69,215 | -€1,000 | -1.4% |
| Equity | 10/15 | -€101,870 | -€88,068 | +€13,802 | +13.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€122,330 | -€108,528 | +€13,802 | +11.3% |
| Amounts payable | 17/49 | €172,085 | €157,283 | -€14,802 | -8.6% |
| Amounts payable after more than one year | 17 | €37,737 | - | -€37,737 | |
| Financial debts | 170/4 | €37,737 | - | -€37,737 | |
| Amounts payable within one year | 42/48 | €134,348 | €157,283 | +€22,935 | +17.1% |
| Financial debts | 43 | - | €28,334 | +€28,334 | |
| Credit institutions | 430/8 | - | €28,334 | +€28,334 | |
| Trade debts | 44 | €27,146 | €40,563 | +€13,417 | +49.4% |
| Suppliers | 440/4 | €27,146 | €40,563 | +€13,417 | +49.4% |
| Taxes, remuneration and social security | 45 | €23,143 | €21,276 | -€1,867 | -8.1% |
| Taxes | 450/3 | €4,956 | €1,456 | -€3,500 | -70.6% |
| Remuneration and social security | 454/9 | €18,187 | €19,820 | +€1,633 | +9.0% |
| Other amounts payable | 47/48 | €84,059 | €67,110 | -€16,949 | -20.2% |
| Non-recurring operating income | 76A | €12,261 | - | -€12,261 | |
| Remuneration, social security and pensions | 62 | €187,880 | €201,540 | +€13,660 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,270 | €8,270 | -€0 | 0.0% |
| Other operating charges | 640/8 | €820 | €585 | -€235 | -28.7% |
| Gross operating margin | 9900 | €176,452 | €228,079 | +€51,627 | +29.3% |
| Operating profit (loss) | 9901 | -€20,518 | €17,683 | +€38,201 | |
| Financial income | 75/76B | €125 | €2 | -€123 | -98.2% |
| Recurring financial income | 75 | €125 | €2 | -€123 | -98.2% |
| Financial charges | 65/66B | €6,332 | €3,884 | -€2,448 | -38.7% |
| Recurring financial charges | 65 | €6,332 | €3,884 | -€2,448 | -38.7% |
| Profit (loss) for the period before taxes | 9903 | -€26,725 | €13,801 | +€40,526 | |
| Profit (loss) for the period | 9904 | -€26,725 | €13,801 | +€40,526 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,725 | €13,801 | +€40,526 |
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 6 October 2026 via checked.be.