JN RENOVATION: what changed
JN RENOVATION
Largest movements
- Cash +€38,570
up €38,570 (+99.1%), from €38,905 to €77,475
mainly Net result for the year (+€61,729) and Depreciation (+€3,896)
- Receivables within one year +€26,160
up €26,160 (+796%), from €3,286 to €29,446
of which Trade receivables: +€25,778
- Tangible fixed assets -€3,896
down €3,896 (-22.3%), from €17,466 to €13,570
of which Furniture and vehicles: -€3,708
- Profit (loss) carried forward +€61,729
up €61,729 (+166%), from €37,082 to €98,811
- Debts after one year -€3,090
down €3,090 (-25.1%), from €12,323 to €9,233
- Tax, wage and social debts +€2,502
up €2,502 (+5,575%), from €45 to €2,547
- Other debts -€2,323
down €2,323 (-97.6%), from €2,379 to €56
- Trade debts +€2,081
up €2,081 (+270%), from €770 to €2,850
- Gross operating margin +€35,157
up €35,157 (+68.5%), from €51,298 to €86,455
- Taxes +€7,706
up €7,706 (+62.3%), from €12,361 to €20,067
- Depreciation +€2,258
up €2,258 (+138%), from €1,638 to €3,896
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €60,056 | €121,088 | +€61,031 | +102% |
| Fixed assets | 21/28 | €17,466 | €13,570 | -€3,896 | -22.3% |
| Tangible fixed assets | 22/27 | €17,466 | €13,570 | -€3,896 | -22.3% |
| Plant, machinery and equipment | 23 | €506 | €318 | -€188 | -37.1% |
| Furniture and vehicles | 24 | €16,960 | €13,252 | -€3,708 | -21.9% |
| Current assets | 29/58 | €42,591 | €107,518 | +€64,927 | +152% |
| Amounts receivable within one year | 40/41 | €3,286 | €29,446 | +€26,160 | +796% |
| Trade receivables | 40 | €1,546 | €27,324 | +€25,778 | +1,667% |
| Other amounts receivable | 41 | €1,739 | €2,122 | +€382 | +22.0% |
| Cash at bank and in hand | 54/58 | €38,905 | €77,475 | +€38,570 | +99.1% |
| Deferred charges and accrued income | 490/1 | €400 | €596 | +€197 | +49.2% |
| Total equity and liabilities | 10/49 | €60,056 | €121,088 | +€61,031 | +102% |
| Equity | 10/15 | €40,082 | €101,811 | +€61,729 | +154% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,082 | €98,811 | +€61,729 | +166% |
| Amounts payable | 17/49 | €19,975 | €19,277 | -€698 | -3.5% |
| Amounts payable after more than one year | 17 | €12,323 | €9,233 | -€3,090 | -25.1% |
| Financial debts | 170/4 | €12,323 | €9,233 | -€3,090 | -25.1% |
| Amounts payable within one year | 42/48 | €6,152 | €8,544 | +€2,392 | +38.9% |
| Current portion of amounts payable after more than one year | 42 | €2,958 | €3,090 | +€133 | +4.5% |
| Trade debts | 44 | €770 | €2,850 | +€2,081 | +270% |
| Suppliers | 440/4 | €770 | €2,850 | +€2,081 | +270% |
| Taxes, remuneration and social security | 45 | €45 | €2,547 | +€2,502 | +5,575% |
| Taxes | 450/3 | €45 | €2,547 | +€2,502 | +5,575% |
| Other amounts payable | 47/48 | €2,379 | €56 | -€2,323 | -97.6% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,638 | €3,896 | +€2,258 | +138% |
| Other operating charges | 640/8 | €44 | €90 | +€45 | +102% |
| Gross operating margin | 9900 | €51,298 | €86,455 | +€35,157 | +68.5% |
| Operating profit (loss) | 9901 | €49,616 | €82,470 | +€32,854 | +66.2% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €174 | €679 | +€505 | +291% |
| Recurring financial charges | 65 | €174 | €679 | +€505 | +291% |
| Profit (loss) for the period before taxes | 9903 | €49,442 | €81,796 | +€32,354 | +65.4% |
| Income taxes | 67/77 | €12,361 | €20,067 | +€7,706 | +62.3% |
| Profit (loss) for the period | 9904 | €37,082 | €61,729 | +€24,648 | +66.5% |
| Profit (loss) for the period to be appropriated | 9905 | €37,082 | €61,729 | +€24,648 | +66.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.