JNCH: what changed
Two fiscal 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.
JNCH
Largest movements
- Cash -€20,944
down €20,944 (-65.3%), from €32,075 to €11,131
mainly Contributions, distributions and other (-€32,045) and Investment in fixed assets (net) (-€8,283)
- Receivables within one year -€8,886
down €8,886 (-27.5%), from €32,287 to €23,401
of which Trade receivables: -€10,087
- Deferred charges and accrued income -€2,926
down €2,926 (-30.0%), from €9,758 to €6,832
- Tangible fixed assets +€2,878
up €2,878 (+24.5%), from €11,741 to €14,619
of which Other tangible fixed assets: +€5,023
- Profit (loss) carried forward -€29,597
down €29,597 (-51.6%), from €57,389 to €27,792
- Other debts -€1,367
down €1,367 (-28.2%), from €4,839 to €3,473
- Trade debts +€1,084
up €1,084 (+53.8%), from €2,014 to €3,099
- Gross operating margin -€37,797
down €37,797 (-74.8%), from €50,521 to €12,724
- Taxes -€7,430
down €7,430 (-80.5%), from €9,230 to €1,800
- Depreciation -€792
down €792 (-12.8%), from €6,197 to €5,406
- Other operating charges +€635
up €635 (+130.9%), from €485 to €1,120
- Financial charges -€573
down €573 (-22.7%), from €2,524 to €1,951
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
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 | €85,862 | €55,983 | -€29,879 | -34.8% |
| Fixed assets | 21/28 | €11,741 | €14,619 | +€2,878 | +24.5% |
| Tangible fixed assets | 22/27 | €11,741 | €14,619 | +€2,878 | +24.5% |
| Furniture and vehicles | 24 | €8,810 | €6,664 | -€2,146 | -24.4% |
| Other tangible fixed assets | 26 | €2,931 | €7,954 | +€5,023 | +171.4% |
| Current assets | 29/58 | €74,121 | €41,364 | -€32,757 | -44.2% |
| Amounts receivable within one year | 40/41 | €32,287 | €23,401 | -€8,886 | -27.5% |
| Trade receivables | 40 | €32,287 | €22,200 | -€10,087 | -31.2% |
| Other amounts receivable | 41 | - | €1,201 | +€1,201 | |
| Cash at bank and in hand | 54/58 | €32,075 | €11,131 | -€20,944 | -65.3% |
| Deferred charges and accrued income | 490/1 | €9,758 | €6,832 | -€2,926 | -30.0% |
| Total equity and liabilities | 10/49 | €85,862 | €55,983 | -€29,879 | -34.8% |
| Equity | 10/15 | €59,389 | €29,792 | -€29,597 | -49.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,389 | €27,792 | -€29,597 | -51.6% |
| Amounts payable | 17/49 | €26,473 | €26,191 | -€282 | -1.1% |
| Amounts payable within one year | 42/48 | €26,473 | €26,191 | -€282 | -1.1% |
| Trade debts | 44 | €2,014 | €3,099 | +€1,084 | +53.8% |
| Suppliers | 440/4 | €2,014 | €3,099 | +€1,084 | +53.8% |
| Taxes, remuneration and social security | 45 | €19,620 | €19,620 | = | 0.0% |
| Taxes | 450/3 | €14,120 | €14,120 | = | 0.0% |
| Remuneration and social security | 454/9 | €5,500 | €5,500 | = | 0.0% |
| Other amounts payable | 47/48 | €4,839 | €3,473 | -€1,367 | -28.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,197 | €5,406 | -€792 | -12.8% |
| Other operating charges | 640/8 | €485 | €1,120 | +€635 | +130.9% |
| Gross operating margin | 9900 | €50,521 | €12,724 | -€37,797 | -74.8% |
| Operating profit (loss) | 9901 | €43,838 | €6,198 | -€37,640 | -85.9% |
| Financial income | 75/76B | €0 | €0 | -€0 | -97.8% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -97.8% |
| Financial charges | 65/66B | €2,524 | €1,951 | -€573 | -22.7% |
| Recurring financial charges | 65 | €2,524 | €1,951 | -€573 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €41,315 | €4,247 | -€37,068 | -89.7% |
| Income taxes | 67/77 | €9,230 | €1,800 | -€7,430 | -80.5% |
| Profit (loss) for the period | 9904 | €32,085 | €2,448 | -€29,638 | -92.4% |
| Profit (loss) for the period to be appropriated | 9905 | €32,085 | €2,448 | -€29,638 | -92.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.