JINVEST: 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.
What changed
JINVEST
NACE 70.200, Business and other management consultancy
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€324,064
2024 · €319,638+€4,426
Equity
€16.2m
2024 · €15.9m+€324,064
Cash
€16,737
2024 · €13,336+€3,401
Balance sheet total
€20.5m
2024 · €21.3m-€857,935
Largest movements
Assets
- Financial fixed assets -€432,964
down €432,964 (-5.7%), from €7.7m to €7.2m
- Tangible fixed assets -€262,213
down €262,213 (-4.3%), from €6.2m to €5.9m
of which Other tangible fixed assets: -€135,446
- Current investments -€217,305
down €217,305 (-62.2%), from €349,316 to €132,011
Equity and liabilities
- Other debts -€797,584
down €797,584 (-19.0%), from €4.2m to €3.4m
- Reserves +€324,000
up €324,000 (+2.1%), from €15.6m to €15.9m
- Debts after one year -€254,021
down €254,021 (-41.8%), from €607,068 to €353,047
Income statement
- Financial charges +€489,452
up €489,452 (+490.3%), from €99,834 to €589,286
of which Non-recurring financial charges: +€366,400
- Financial income +€256,980
up €256,980 (+44.8%), from €573,567 to €830,548
of which Non-recurring financial income: +€467,685
- Gross operating margin +€255,495
up €255,495 (+75.5%), from €338,555 to €594,051
- Other operating charges +€113,829
up €113,829 (+250.7%), from €45,396 to €159,224
- Depreciation -€58,787
down €58,787 (-18.3%), from €321,000 to €262,213
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.
Result 2024
€319,638
Gross operating margin
+€255,495
Staff costs
+€466
Depreciation
+€58,787
Write-downs
+€27,333
Other operating charges
-€113,829
Other operating items
-€4,417
Financial income
+€256,980
Financial charges
-€489,452
Taxes
+€13,061
Result 2025
€324,064
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.
From operations
-€345,034
Investment
+€650,268
Financing
-€301,834
Cash 2024
€13,336
From operations (derived)
-€345,034
Net result for the year
+€324,064
Depreciation
+€262,213
Receivables after one year
+€22,200
Stocks and contracts
-€26,120
Receivables within one year
+€50,670
Deferred charges and accrued income
-€97,895
Provisions
+€1,100
Trade debts
-€60,318
Tax, wage and social debts
+€84,455
Other debts
-€797,584
Accrued charges and deferred income
-€107,819
Investment (derived)
+€650,268
Investment in fixed assets (net)
+€432,963
Current investments
+€217,305
Financing
-€301,834
Debts after one year
-€254,021
Current portion of long-term debt
-€47,812
Cash 2025
€16,737
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,323,175 | €20,465,240 | -€857,935 | -4.0% |
| Fixed assets | 21/28 | €13,830,535 | €13,135,359 | -€695,176 | -5.0% |
| Intangible fixed assets | 21 | - | €1 | +€1 | |
| Tangible fixed assets | 22/27 | €6,168,071 | €5,905,859 | -€262,213 | -4.3% |
| Land and buildings | 22 | €2,065,384 | €1,964,708 | -€100,675 | -4.9% |
| Plant, machinery and equipment | 23 | €3,942 | €1,470 | -€2,472 | -62.7% |
| Furniture and vehicles | 24 | €64,185 | €40,566 | -€23,619 | -36.8% |
| Other tangible fixed assets | 26 | €4,034,560 | €3,899,114 | -€135,446 | -3.4% |
| Financial fixed assets | 28 | €7,662,463 | €7,229,499 | -€432,964 | -5.7% |
| Current assets | 29/58 | €7,492,640 | €7,329,881 | -€162,760 | -2.2% |
| Amounts receivable after more than one year | 29 | €1,681,815 | €1,659,615 | -€22,200 | -1.3% |
| Other amounts receivable | 291 | €1,681,815 | €1,659,615 | -€22,200 | -1.3% |
| Stocks and contracts in progress | 3 | €21,835 | €47,954 | +€26,120 | +119.6% |
| Stocks | 30/36 | €21,835 | €47,954 | +€26,120 | +119.6% |
| Amounts receivable within one year | 40/41 | €5,022,147 | €4,971,478 | -€50,670 | -1.0% |
| Trade receivables | 40 | €162,947 | €151,231 | -€11,717 | -7.2% |
| Other amounts receivable | 41 | €4,859,200 | €4,820,247 | -€38,953 | -0.8% |
| Current investments | 50/53 | €349,316 | €132,011 | -€217,305 | -62.2% |
| Cash at bank and in hand | 54/58 | €13,336 | €16,737 | +€3,401 | +25.5% |
| Deferred charges and accrued income | 490/1 | €404,191 | €502,086 | +€97,895 | +24.2% |
| Total equity and liabilities | 10/49 | €21,323,175 | €20,465,240 | -€857,935 | -4.0% |
| Equity | 10/15 | €15,852,454 | €16,176,518 | +€324,064 | +2.0% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Revaluation surpluses | 12 | €258,200 | €258,200 | = | 0.0% |
| Reserves | 13 | €15,564,000 | €15,888,000 | +€324,000 | +2.1% |
| Distributable reserves | 133 | €15,564,000 | €15,888,000 | +€324,000 | +2.1% |
| Profit (loss) carried forward | 14 | €254 | €318 | +€64 | +25.0% |
| Provisions and deferred taxes | 16 | €53,825 | €54,925 | +€1,100 | +2.0% |
| Provisions for liabilities and charges | 160/5 | €53,825 | €54,925 | +€1,100 | +2.0% |
| Major repairs and maintenance | 162 | €53,825 | €54,925 | +€1,100 | +2.0% |
| Amounts payable | 17/49 | €5,416,896 | €4,233,797 | -€1.2m | -21.8% |
| Amounts payable after more than one year | 17 | €607,068 | €353,047 | -€254,021 | -41.8% |
| Financial debts | 170/4 | €607,068 | €353,047 | -€254,021 | -41.8% |
| Amounts payable within one year | 42/48 | €4,656,598 | €3,835,339 | -€821,259 | -17.6% |
| Current portion of amounts payable after more than one year | 42 | €301,834 | €254,021 | -€47,812 | -15.8% |
| Trade debts | 44 | €124,116 | €63,799 | -€60,318 | -48.6% |
| Suppliers | 440/4 | €124,116 | €63,799 | -€60,318 | -48.6% |
| Taxes, remuneration and social security | 45 | €29,105 | €113,560 | +€84,455 | +290.2% |
| Taxes | 450/3 | €20,534 | €100,770 | +€80,236 | +390.7% |
| Remuneration and social security | 454/9 | €8,570 | €12,790 | +€4,219 | +49.2% |
| Other amounts payable | 47/48 | €4,201,543 | €3,403,959 | -€797,584 | -19.0% |
| Accrued charges and deferred income | 492/3 | €153,230 | €45,411 | -€107,819 | -70.4% |
| Non-recurring operating income | 76A | - | €2,338 | +€2,338 | |
| Remuneration, social security and pensions | 62 | €75,541 | €75,075 | -€466 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €321,000 | €262,213 | -€58,787 | -18.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €36,255 | €8,921 | -€27,333 | -75.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €1,100 | €1,100 | = | 0.0% |
| Other operating charges | 640/8 | €45,396 | €159,224 | +€113,829 | +250.7% |
| Non-recurring operating charges | 66A | - | €4,417 | +€4,417 | |
| Gross operating margin | 9900 | €338,555 | €594,051 | +€255,495 | +75.5% |
| Operating profit (loss) | 9901 | -€140,736 | €83,101 | +€223,837 | |
| Financial income | 75/76B | €573,567 | €830,548 | +€256,980 | +44.8% |
| Recurring financial income | 75 | €573,567 | €362,863 | -€210,705 | -36.7% |
| Non-recurring financial income | 76B | €0 | €467,685 | +€467,685 | |
| Financial charges | 65/66B | €99,834 | €589,286 | +€489,452 | +490.3% |
| Recurring financial charges | 65 | €47,234 | €170,286 | +€123,052 | +260.5% |
| Non-recurring financial charges | 66B | €52,600 | €419,000 | +€366,400 | +696.6% |
| Profit (loss) for the period before taxes | 9903 | €332,998 | €324,363 | -€8,635 | -2.6% |
| Income taxes | 67/77 | €13,360 | €299 | -€13,061 | -97.8% |
| Profit (loss) for the period | 9904 | €319,638 | €324,064 | +€4,426 | +1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €319,638 | €324,064 | +€4,426 | +1.4% |
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 12 October 2026 via checked.be.