JINOFLY: 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.
JINOFLY
Largest movements
- Receivables after one year +€6,752
up €6,752 (+45.2%), from €14,924 to €21,675
- Cash -€3,771
down €3,771 (-14.0%), from €26,955 to €23,184
mainly Net result for the year (-€31,794) and Investment in fixed assets (net) (-€9,428)
- Tangible fixed assets +€2,510
up €2,510 (+19.2%), from €13,076 to €15,585
of which Furniture and vehicles: +€3,137
- Deferred charges and accrued income -€2,466
down €2,466 (-26.6%), from €9,284 to €6,818
- Receivables within one year -€1,322
down €1,322 (-7.7%), from €17,108 to €15,785
of which Trade receivables: -€4,497
- Provisions +€34,977
new in 2025: €34,977
- Profit (loss) carried forward -€31,794
down €31,794 (-48.3%), from €65,823 to €34,028
- Tax, wage and social debts -€3,257
down €3,257 (-46.8%), from €6,955 to €3,698
of which Taxes: -€2,297
- Trade debts +€2,534
up €2,534 (+87.9%), from €2,882 to €5,416
- Gross operating margin -€43,063
down €43,063 (-78.6%), from €54,820 to €11,758
- Provisions +€34,977
new in 2025: €34,977
- Taxes -€8,838
down €8,838 (-83.0%), from €10,654 to €1,816
- Depreciation +€3,770
up €3,770 (+120%), from €3,148 to €6,918
- Financial income +€1,029
new in 2025: €1,029
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 | €81,417 | €83,120 | +€1,702 | +2.1% |
| Fixed assets | 21/28 | €13,147 | €15,657 | +€2,510 | +19.1% |
| Tangible fixed assets | 22/27 | €13,076 | €15,585 | +€2,510 | +19.2% |
| Plant, machinery and equipment | 23 | €285 | €197 | -€88 | -30.8% |
| Furniture and vehicles | 24 | €11,581 | €14,718 | +€3,137 | +27.1% |
| Other tangible fixed assets | 26 | €1,210 | €670 | -€540 | -44.6% |
| Financial fixed assets | 28 | €72 | €72 | = | 0.0% |
| Current assets | 29/58 | €68,270 | €67,462 | -€808 | -1.2% |
| Amounts receivable after more than one year | 29 | €14,924 | €21,675 | +€6,752 | +45.2% |
| Other amounts receivable | 291 | €14,924 | €21,675 | +€6,752 | +45.2% |
| Amounts receivable within one year | 40/41 | €17,108 | €15,785 | -€1,322 | -7.7% |
| Trade receivables | 40 | €12,989 | €8,492 | -€4,497 | -34.6% |
| Other amounts receivable | 41 | €4,119 | €7,293 | +€3,175 | +77.1% |
| Cash at bank and in hand | 54/58 | €26,955 | €23,184 | -€3,771 | -14.0% |
| Deferred charges and accrued income | 490/1 | €9,284 | €6,818 | -€2,466 | -26.6% |
| Total equity and liabilities | 10/49 | €81,417 | €83,120 | +€1,702 | +2.1% |
| Equity | 10/15 | €70,823 | €39,028 | -€31,794 | -44.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,823 | €34,028 | -€31,794 | -48.3% |
| Provisions and deferred taxes | 16 | - | €34,977 | +€34,977 | |
| Deferred taxes | 168 | - | €34,977 | +€34,977 | |
| Amounts payable | 17/49 | €10,595 | €9,114 | -€1,481 | -14.0% |
| Amounts payable within one year | 42/48 | €10,595 | €9,114 | -€1,481 | -14.0% |
| Financial debts | 43 | €758 | - | -€758 | |
| Credit institutions | 430/8 | €758 | - | -€758 | |
| Trade debts | 44 | €2,882 | €5,416 | +€2,534 | +87.9% |
| Suppliers | 440/4 | €2,882 | €5,416 | +€2,534 | +87.9% |
| Taxes, remuneration and social security | 45 | €6,955 | €3,698 | -€3,257 | -46.8% |
| Taxes | 450/3 | €5,509 | €3,212 | -€2,297 | -41.7% |
| Remuneration and social security | 454/9 | €1,446 | €486 | -€960 | -66.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,148 | €6,918 | +€3,770 | +120% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €34,977 | +€34,977 | |
| Other operating charges | 640/8 | €98 | €101 | +€3 | +3.4% |
| Non-recurring operating charges | 66A | €126 | - | -€126 | |
| Gross operating margin | 9900 | €54,820 | €11,758 | -€43,063 | -78.6% |
| Operating profit (loss) | 9901 | €51,450 | -€30,238 | -€81,688 | |
| Financial income | 75/76B | - | €1,029 | +€1,029 | |
| Recurring financial income | 75 | - | €1,029 | +€1,029 | |
| Financial charges | 65/66B | €1,320 | €769 | -€551 | -41.8% |
| Recurring financial charges | 65 | €1,320 | €769 | -€551 | -41.8% |
| Profit (loss) for the period before taxes | 9903 | €50,129 | -€29,978 | -€80,107 | |
| Income taxes | 67/77 | €10,654 | €1,816 | -€8,838 | -83.0% |
| Profit (loss) for the period | 9904 | €39,475 | -€31,794 | -€71,270 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,475 | -€31,794 | -€71,270 |
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 19 October 2026 via checked.be.