JNINFOR: 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.
JNINFOR
Largest movements
- Receivables within one year -€25,821
down €25,821 (-53.4%), from €48,378 to €22,557
of which Trade receivables: -€26,359
- Stocks and contracts +€7,686
up €7,686 (+236%), from €3,260 to €10,946
- Tangible fixed assets -€5,817
down €5,817 (-74.9%), from €7,763 to €1,946
of which Furniture and vehicles: -€5,713
- Profit (loss) carried forward -€7,485
down €7,485 (-31.1%), from €24,081 to €16,596
- Trade debts -€5,995
down €5,995 (-91.7%), from €6,538 to €543
- Advances received -€4,420
no longer reported in 2025 (was €4,420)
- Current portion of long-term debt -€3,578
down €3,578 (-66.6%), from €5,377 to €1,798
- Debts after one year -€1,798
no longer reported in 2025 (was €1,798)
- Gross operating margin -€16,457
down €16,457 (-44.3%), from €37,166 to €20,709
- Taxes -€3,417
down €3,417 (-53.6%), from €6,380 to €2,963
- Depreciation -€1,183
down €1,183 (-16.9%), from €7,000 to €5,817
- Staff costs +€552
up €552 (+673%), from €82 to €634
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 | €78,144 | €54,330 | -€23,814 | -30.5% |
| Fixed assets | 21/28 | €7,763 | €1,946 | -€5,817 | -74.9% |
| Tangible fixed assets | 22/27 | €7,763 | €1,946 | -€5,817 | -74.9% |
| Plant, machinery and equipment | 23 | €366 | €261 | -€105 | -28.6% |
| Furniture and vehicles | 24 | €7,397 | €1,685 | -€5,713 | -77.2% |
| Current assets | 29/58 | €70,382 | €52,384 | -€17,997 | -25.6% |
| Stocks and contracts in progress | 3 | €3,260 | €10,946 | +€7,686 | +236% |
| Stocks | 30/36 | €3,260 | €10,946 | +€7,686 | +236% |
| Amounts receivable within one year | 40/41 | €48,378 | €22,557 | -€25,821 | -53.4% |
| Trade receivables | 40 | €48,378 | €22,019 | -€26,359 | -54.5% |
| Other amounts receivable | 41 | - | €537 | +€537 | |
| Cash at bank and in hand | 54/58 | €18,184 | €18,574 | +€390 | +2.1% |
| Deferred charges and accrued income | 490/1 | €560 | €308 | -€253 | -45.1% |
| Total equity and liabilities | 10/49 | €78,144 | €54,330 | -€23,814 | -30.5% |
| Equity | 10/15 | €44,541 | €37,056 | -€7,485 | -16.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,081 | €16,596 | -€7,485 | -31.1% |
| Amounts payable | 17/49 | €33,604 | €17,274 | -€16,329 | -48.6% |
| Amounts payable after more than one year | 17 | €1,798 | - | -€1,798 | |
| Financial debts | 170/4 | €1,798 | - | -€1,798 | |
| Amounts payable within one year | 42/48 | €31,805 | €17,274 | -€14,531 | -45.7% |
| Current portion of amounts payable after more than one year | 42 | €5,377 | €1,798 | -€3,578 | -66.6% |
| Trade debts | 44 | €6,538 | €543 | -€5,995 | -91.7% |
| Suppliers | 440/4 | €6,538 | €543 | -€5,995 | -91.7% |
| Advances received on contracts in progress | 46 | €4,420 | - | -€4,420 | |
| Taxes, remuneration and social security | 45 | €15,471 | €14,933 | -€538 | -3.5% |
| Taxes | 450/3 | €15,471 | €14,933 | -€538 | -3.5% |
| Remuneration, social security and pensions | 62 | €82 | €634 | +€552 | +673% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,000 | €5,817 | -€1,183 | -16.9% |
| Other operating charges | 640/8 | €515 | €607 | +€92 | +17.9% |
| Gross operating margin | 9900 | €37,166 | €20,709 | -€16,457 | -44.3% |
| Operating profit (loss) | 9901 | €29,569 | €13,650 | -€15,918 | -53.8% |
| Financial income | 75/76B | €25 | €0 | -€25 | -99.3% |
| Recurring financial income | 75 | €25 | €0 | -€25 | -99.3% |
| Financial charges | 65/66B | €457 | €173 | -€284 | -62.1% |
| Recurring financial charges | 65 | €457 | €173 | -€284 | -62.1% |
| Profit (loss) for the period before taxes | 9903 | €29,137 | €13,478 | -€15,660 | -53.7% |
| Income taxes | 67/77 | €6,380 | €2,963 | -€3,417 | -53.6% |
| Profit (loss) for the period | 9904 | €22,758 | €10,515 | -€12,243 | -53.8% |
| Profit (loss) for the period to be appropriated | 9905 | €22,758 | €10,515 | -€12,243 | -53.8% |
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 17 October 2026 via checked.be.