JINFA: 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.
JINFA
Largest movements
- Receivables within one year +€16,075
up €16,075 (+9.7%), from €165,905 to €181,980
of which Trade receivables: +€30,312
- Tangible fixed assets -€13,540
down €13,540 (-100.0%), from €13,540 to €0
- Short-term financial debts +€4,406
up €4,406 (+26.2%), from €16,818 to €21,224
- Trade debts +€3,972
up €3,972 (+216.7%), from €1,833 to €5,805
- Tax, wage and social debts -€3,461
down €3,461 (-26.2%), from €13,194 to €9,734
- Debts after one year -€3,360
down €3,360 (-30.2%), from €11,133 to €7,773
- Depreciation -€7,291
down €7,291 (-86.8%), from €8,401 to €1,110
- Financial income +€6,233
up €6,233 (+20776600.0%), from €0 to €6,233
- Gross operating margin -€3,954
down €3,954 (-16.8%), from €23,520 to €19,567
- Taxes -€1,133
down €1,133 (-27.1%), from €4,175 to €3,042
- Financial charges -€883
down €883 (-18.6%), from €4,738 to €3,855
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €179,785 | €182,689 | +€2,904 | +1.6% |
| Fixed assets | 21/28 | €13,790 | €250 | -€13,540 | -98.2% |
| Tangible fixed assets | 22/27 | €13,540 | €0 | -€13,540 | -100.0% |
| Furniture and vehicles | 24 | €13,540 | €0 | -€13,540 | -100.0% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €165,995 | €182,439 | +€16,445 | +9.9% |
| Amounts receivable within one year | 40/41 | €165,905 | €181,980 | +€16,075 | +9.7% |
| Trade receivables | 40 | €34,223 | €64,535 | +€30,312 | +88.6% |
| Other amounts receivable | 41 | €131,682 | €117,445 | -€14,237 | -10.8% |
| Deferred charges and accrued income | 490/1 | €89 | €459 | +€370 | +414.3% |
| Total equity and liabilities | 10/49 | €179,785 | €182,689 | +€2,904 | +1.6% |
| Equity | 10/15 | €132,005 | €133,597 | +€1,592 | +1.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 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 | €123,945 | €125,537 | +€1,592 | +1.3% |
| Amounts payable | 17/49 | €47,780 | €49,092 | +€1,312 | +2.7% |
| Amounts payable after more than one year | 17 | €11,133 | €7,773 | -€3,360 | -30.2% |
| Financial debts | 170/4 | €11,133 | €7,773 | -€3,360 | -30.2% |
| Amounts payable within one year | 42/48 | €36,647 | €41,319 | +€4,672 | +12.7% |
| Current portion of amounts payable after more than one year | 42 | €3,141 | €3,360 | +€219 | +7.0% |
| Financial debts | 43 | €16,818 | €21,224 | +€4,406 | +26.2% |
| Credit institutions | 430/8 | €16,818 | €21,224 | +€4,406 | +26.2% |
| Trade debts | 44 | €1,833 | €5,805 | +€3,972 | +216.7% |
| Suppliers | 440/4 | €1,833 | €5,805 | +€3,972 | +216.7% |
| Taxes, remuneration and social security | 45 | €13,194 | €9,734 | -€3,461 | -26.2% |
| Taxes | 450/3 | €13,194 | €9,734 | -€3,461 | -26.2% |
| Other amounts payable | 47/48 | €1,661 | €1,197 | -€464 | -28.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,401 | €1,110 | -€7,291 | -86.8% |
| Other operating charges | 640/8 | €4,076 | €3,771 | -€305 | -7.5% |
| Non-recurring operating charges | 66A | - | €12,430 | +€12,430 | |
| Gross operating margin | 9900 | €23,520 | €19,567 | -€3,954 | -16.8% |
| Operating profit (loss) | 9901 | €11,043 | €2,256 | -€8,788 | -79.6% |
| Financial income | 75/76B | €0 | €6,233 | +€6,233 | +20776600.0% |
| Recurring financial income | 75 | €0 | €6,233 | +€6,233 | +20776600.0% |
| Financial charges | 65/66B | €4,738 | €3,855 | -€883 | -18.6% |
| Recurring financial charges | 65 | €4,738 | €3,855 | -€883 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €6,306 | €4,634 | -€1,671 | -26.5% |
| Income taxes | 67/77 | €4,175 | €3,042 | -€1,133 | -27.1% |
| Profit (loss) for the period | 9904 | €2,131 | €1,592 | -€539 | -25.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,131 | €1,592 | -€539 | -25.3% |
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 9 October 2026 via checked.be.