JINAV: 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.
JINAV
Largest movements
- Cash +€36,236
up €36,236 (+1021.3%), from €3,548 to €39,785
mainly Stocks and contracts (+€28,000) and Depreciation (+€8,090)
- Stocks and contracts -€28,000
down €28,000 (-79.2%), from €35,351 to €7,351
- Tangible fixed assets -€7,090
down €7,090 (-57.1%), from €12,407 to €5,317
- Intangible fixed assets -€1,000
down €1,000 (-28.1%), from €3,562 to €2,562
- Debts after one year -€5,163
no longer reported in 2025 (was €5,163)
- Trade debts +€4,283
up €4,283 (+25.3%), from €16,897 to €21,180
- Short-term financial debts +€3,536
up €3,536 (+241.9%), from €1,462 to €4,998
- Other debts -€2,627
no longer reported in 2025 (was €2,627)
- Current portion of long-term debt -€1,389
down €1,389 (-21.2%), from €6,552 to €5,163
- Gross operating margin +€1,204
up €1,204 (+8.7%), from €13,823 to €15,027
- Taxes +€303
up €303 (+29.5%), from €1,028 to €1,330
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 | €59,677 | €60,353 | +€676 | +1.1% |
| Fixed assets | 21/28 | €17,209 | €9,119 | -€8,090 | -47.0% |
| Intangible fixed assets | 21 | €3,562 | €2,562 | -€1,000 | -28.1% |
| Tangible fixed assets | 22/27 | €12,407 | €5,317 | -€7,090 | -57.1% |
| Furniture and vehicles | 24 | €12,407 | €5,317 | -€7,090 | -57.1% |
| Financial fixed assets | 28 | €1,240 | €1,240 | = | 0.0% |
| Current assets | 29/58 | €42,468 | €51,234 | +€8,766 | +20.6% |
| Stocks and contracts in progress | 3 | €35,351 | €7,351 | -€28,000 | -79.2% |
| Stocks | 30/36 | €35,351 | €7,351 | -€28,000 | -79.2% |
| Amounts receivable within one year | 40/41 | €3,569 | €4,098 | +€529 | +14.8% |
| Other amounts receivable | 41 | €3,569 | €4,098 | +€529 | +14.8% |
| Cash at bank and in hand | 54/58 | €3,548 | €39,785 | +€36,236 | +1021.3% |
| Total equity and liabilities | 10/49 | €59,677 | €60,353 | +€676 | +1.1% |
| Equity | 10/15 | €19,955 | €20,661 | +€706 | +3.5% |
| 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 | -€505 | €201 | +€706 | |
| Amounts payable | 17/49 | €39,722 | €39,692 | -€30 | -0.1% |
| Amounts payable after more than one year | 17 | €5,163 | - | -€5,163 | |
| Financial debts | 170/4 | €5,163 | - | -€5,163 | |
| Amounts payable within one year | 42/48 | €34,560 | €39,692 | +€5,133 | +14.9% |
| Current portion of amounts payable after more than one year | 42 | €6,552 | €5,163 | -€1,389 | -21.2% |
| Financial debts | 43 | €1,462 | €4,998 | +€3,536 | +241.9% |
| Credit institutions | 430/8 | €1,462 | €4,998 | +€3,536 | +241.9% |
| Trade debts | 44 | €16,897 | €21,180 | +€4,283 | +25.3% |
| Suppliers | 440/4 | €16,897 | €21,180 | +€4,283 | +25.3% |
| Taxes, remuneration and social security | 45 | €7,021 | €8,351 | +€1,330 | +18.9% |
| Taxes | 450/3 | €4,721 | €6,051 | +€1,330 | +28.2% |
| Remuneration and social security | 454/9 | €2,300 | €2,300 | = | 0.0% |
| Other amounts payable | 47/48 | €2,627 | - | -€2,627 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,090 | €8,090 | = | 0.0% |
| Other operating charges | 640/8 | €2,690 | €2,682 | -€7 | -0.3% |
| Gross operating margin | 9900 | €13,823 | €15,027 | +€1,204 | +8.7% |
| Operating profit (loss) | 9901 | €3,044 | €4,255 | +€1,211 | +39.8% |
| Financial income | 75/76B | €2 | €1 | -€1 | -55.0% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -55.0% |
| Financial charges | 65/66B | €2,207 | €2,219 | +€13 | +0.6% |
| Recurring financial charges | 65 | €2,207 | €2,219 | +€13 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €839 | €2,037 | +€1,197 | +142.7% |
| Income taxes | 67/77 | €1,028 | €1,330 | +€303 | +29.5% |
| Profit (loss) for the period | 9904 | -€188 | €706 | +€895 | |
| Profit (loss) for the period to be appropriated | 9905 | -€188 | €706 | +€895 |
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 5 October 2026 via checked.be.