JNex Management: 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.
JNex Management
Largest movements
- Tangible fixed assets +€845,253
up €845,253 (+2,346%), from €36,023 to €881,276
of which Leasing and similar rights: +€834,231
- Debts after one year +€717,652
up €717,652 (+4,100%), from €17,505 to €735,157
- Other debts +€134,396
up €134,396 (+944%), from €14,240 to €148,636
- Profit (loss) carried forward -€43,776
down €43,776, from €17,719 to -€26,057
- Current portion of long-term debt +€35,647
up €35,647 (+1,078%), from €3,307 to €38,954
- Trade debts +€12,445
up €12,445 (+33,707%), from €37 to €12,482
- Depreciation +€66,901
up €66,901 (+1,418%), from €4,717 to €71,618
- Gross operating margin +€20,879
up €20,879 (+70.2%), from €29,742 to €50,620
- Financial charges +€17,700
up €17,700 (+906%), from €1,953 to €19,652
- Taxes -€5,092
down €5,092 (-97.3%), from €5,233 to €141
- Other operating charges +€1,974
up €1,974 (+195%), from €1,011 to €2,985
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 | €78,943 | €932,454 | +€853,511 | +1,081% |
| Fixed assets | 21/28 | €36,023 | €881,276 | +€845,253 | +2,346% |
| Tangible fixed assets | 22/27 | €36,023 | €881,276 | +€845,253 | +2,346% |
| Plant, machinery and equipment | 23 | - | €1,517 | +€1,517 | |
| Furniture and vehicles | 24 | - | €1,343 | +€1,343 | |
| Leasing and similar rights | 25 | - | €834,231 | +€834,231 | |
| Other tangible fixed assets | 26 | €36,023 | €44,186 | +€8,162 | +22.7% |
| Current assets | 29/58 | €42,920 | €51,178 | +€8,258 | +19.2% |
| Amounts receivable within one year | 40/41 | €26,000 | €27,021 | +€1,021 | +3.9% |
| Trade receivables | 40 | €12,100 | €13,121 | +€1,021 | +8.4% |
| Other amounts receivable | 41 | €13,900 | €13,900 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €14,206 | €13,084 | -€1,122 | -7.9% |
| Deferred charges and accrued income | 490/1 | €2,714 | €11,073 | +€8,359 | +308% |
| Total equity and liabilities | 10/49 | €78,943 | €932,454 | +€853,511 | +1,081% |
| Equity | 10/15 | €33,157 | -€10,619 | -€43,776 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €13,438 | €13,438 | = | 0.0% |
| Distributable reserves | 133 | €13,438 | €13,438 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,719 | -€26,057 | -€43,776 | |
| Amounts payable | 17/49 | €45,787 | €943,073 | +€897,287 | +1,960% |
| Amounts payable after more than one year | 17 | €17,505 | €735,157 | +€717,652 | +4,100% |
| Financial debts | 170/4 | €17,505 | €735,157 | +€717,652 | +4,100% |
| Amounts payable within one year | 42/48 | €28,162 | €207,916 | +€179,754 | +638% |
| Current portion of amounts payable after more than one year | 42 | €3,307 | €38,954 | +€35,647 | +1,078% |
| Trade debts | 44 | €37 | €12,482 | +€12,445 | +33,707% |
| Suppliers | 440/4 | €37 | €12,482 | +€12,445 | +33,707% |
| Taxes, remuneration and social security | 45 | €10,578 | €7,845 | -€2,733 | -25.8% |
| Taxes | 450/3 | €10,578 | €7,845 | -€2,733 | -25.8% |
| Other amounts payable | 47/48 | €14,240 | €148,636 | +€134,396 | +944% |
| Accrued charges and deferred income | 492/3 | €120 | - | -€120 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,717 | €71,618 | +€66,901 | +1,418% |
| Other operating charges | 640/8 | €1,011 | €2,985 | +€1,974 | +195% |
| Gross operating margin | 9900 | €29,742 | €50,620 | +€20,879 | +70.2% |
| Operating profit (loss) | 9901 | €24,014 | -€23,983 | -€47,997 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,953 | €19,652 | +€17,700 | +906% |
| Recurring financial charges | 65 | €1,953 | €19,652 | +€17,700 | +906% |
| Profit (loss) for the period before taxes | 9903 | €22,061 | -€43,635 | -€65,696 | |
| Income taxes | 67/77 | €5,233 | €141 | -€5,092 | -97.3% |
| Profit (loss) for the period | 9904 | €16,828 | -€43,776 | -€60,604 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,828 | -€43,776 | -€60,604 |
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 22 October 2026 via checked.be.