JINCHEN: 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.
JINCHEN
Largest movements
- Intangible fixed assets +€15,818
up €15,818 (+65.8%), from €24,040 to €39,858
- Cash +€12,573
up €12,573 (+35.2%), from €35,751 to €48,324
mainly Net result for the year (+€27,103) and Tax, wage and social debts (+€11,457)
- Profit (loss) carried forward +€27,103
up €27,103 (+41.7%), from €64,942 to €92,045
- Tax, wage and social debts +€11,457
up €11,457 (+45.3%), from €25,276 to €36,732
of which Taxes: +€6,604
- Other debts -€11,445
no longer reported in 2025 (was €11,445)
- Trade debts +€3,040
up €3,040 (+15.7%), from €19,340 to €22,381
- Gross operating margin -€39,731
down €39,731 (-27.6%), from €143,746 to €104,015
- Taxes -€6,668
down €6,668 (-40.8%), from €16,336 to €9,668
- Depreciation +€3,499
up €3,499 (+210%), from €1,669 to €5,168
- Other operating charges +€2,668
up €2,668 (+38.6%), from €6,911 to €9,580
- Staff costs -€1,873
down €1,873 (-3.5%), from €53,321 to €51,448
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.
Derived cash bridge
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 | €131,003 | €161,158 | +€30,155 | +23.0% |
| Fixed assets | 21/28 | €27,970 | €44,114 | +€16,145 | +57.7% |
| Intangible fixed assets | 21 | €24,040 | €39,858 | +€15,818 | +65.8% |
| Tangible fixed assets | 22/27 | €3,930 | €4,257 | +€327 | +8.3% |
| Plant, machinery and equipment | 23 | - | €1,309 | +€1,309 | |
| Furniture and vehicles | 24 | €3,930 | €2,947 | -€982 | -25.0% |
| Current assets | 29/58 | €103,033 | €117,044 | +€14,010 | +13.6% |
| Stocks and contracts in progress | 3 | €3,976 | €4,091 | +€115 | +2.9% |
| Stocks | 30/36 | €3,976 | €4,091 | +€115 | +2.9% |
| Amounts receivable within one year | 40/41 | €63,307 | €64,629 | +€1,322 | +2.1% |
| Trade receivables | 40 | €49,074 | €40,434 | -€8,640 | -17.6% |
| Other amounts receivable | 41 | €14,233 | €24,195 | +€9,962 | +70.0% |
| Cash at bank and in hand | 54/58 | €35,751 | €48,324 | +€12,573 | +35.2% |
| Total equity and liabilities | 10/49 | €131,003 | €161,158 | +€30,155 | +23.0% |
| Equity | 10/15 | €74,942 | €102,045 | +€27,103 | +36.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,942 | €92,045 | +€27,103 | +41.7% |
| Amounts payable | 17/49 | €56,061 | €59,113 | +€3,052 | +5.4% |
| Amounts payable within one year | 42/48 | €56,061 | €59,113 | +€3,052 | +5.4% |
| Trade debts | 44 | €19,340 | €22,381 | +€3,040 | +15.7% |
| Suppliers | 440/4 | €19,340 | €22,381 | +€3,040 | +15.7% |
| Taxes, remuneration and social security | 45 | €25,276 | €36,732 | +€11,457 | +45.3% |
| Taxes | 450/3 | €19,401 | €26,005 | +€6,604 | +34.0% |
| Remuneration and social security | 454/9 | €5,875 | €10,728 | +€4,853 | +82.6% |
| Other amounts payable | 47/48 | €11,445 | - | -€11,445 | |
| Remuneration, social security and pensions | 62 | €53,321 | €51,448 | -€1,873 | -3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,669 | €5,168 | +€3,499 | +210% |
| Other operating charges | 640/8 | €6,911 | €9,580 | +€2,668 | +38.6% |
| Gross operating margin | 9900 | €143,746 | €104,015 | -€39,731 | -27.6% |
| Operating profit (loss) | 9901 | €81,845 | €37,819 | -€44,026 | -53.8% |
| Financial charges | 65/66B | €567 | €1,048 | +€481 | +84.8% |
| Recurring financial charges | 65 | €567 | €1,048 | +€481 | +84.8% |
| Profit (loss) for the period before taxes | 9903 | €81,278 | €36,771 | -€44,507 | -54.8% |
| Income taxes | 67/77 | €16,336 | €9,668 | -€6,668 | -40.8% |
| Profit (loss) for the period | 9904 | €64,942 | €27,103 | -€37,839 | -58.3% |
| Profit (loss) for the period to be appropriated | 9905 | €64,942 | €27,103 | -€37,839 | -58.3% |
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 18 October 2026 via checked.be.