JNL - EDITEUR: 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.
JNL - EDITEUR
Largest movements
- Receivables within one year +€2.6m
up €2.6m (+221%), from €1.2m to €3.8m
of which Other amounts receivable: +€2.5m
- Current investments -€500,000
down €500,000 (-33.3%), from €1.5m to €1.0m
- Cash -€251,379
down €251,379 (-93.4%), from €269,103 to €17,724
mainly Receivables within one year (-€2.6m) and Advances received (-€223,813)
- Tangible fixed assets -€117,236
down €117,236 (-9.4%), from €1.2m to €1.1m
of which Land and buildings: -€117,036
- Short-term financial debts +€1.9m
up €1.9m (+822%), from €225,732 to €2.1m
- Advances received -€223,813
down €223,813 (-81.5%), from €274,682 to €50,868
- Gross operating margin -€51,668
down €51,668 (-11.9%), from €432,729 to €381,062
- Staff costs -€16,920
down €16,920 (-8.7%), from €193,944 to €177,024
- Taxes -€9,912
down €9,912 (-31.0%), from €31,971 to €22,059
- Financial charges -€5,363
down €5,363 (-22.3%), from €24,073 to €18,710
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 | €4,683,683 | €6,330,488 | +€1.6m | +35.2% |
| Fixed assets | 21/28 | €1,256,404 | €1,136,821 | -€119,582 | -9.5% |
| Intangible fixed assets | 21 | €6,582 | €4,236 | -€2,346 | -35.6% |
| Tangible fixed assets | 22/27 | €1,249,773 | €1,132,536 | -€117,236 | -9.4% |
| Land and buildings | 22 | €1,245,880 | €1,128,844 | -€117,036 | -9.4% |
| Plant, machinery and equipment | 23 | €197 | €66 | -€131 | -66.7% |
| Furniture and vehicles | 24 | €3,696 | €3,626 | -€70 | -1.9% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €3,427,279 | €5,193,667 | +€1.8m | +51.5% |
| Stocks and contracts in progress | 3 | €407,041 | €368,032 | -€39,009 | -9.6% |
| Stocks | 30/36 | €407,041 | €368,032 | -€39,009 | -9.6% |
| Amounts receivable within one year | 40/41 | €1,188,005 | €3,807,911 | +€2.6m | +221% |
| Trade receivables | 40 | €631,502 | €764,143 | +€132,641 | +21.0% |
| Other amounts receivable | 41 | €556,503 | €3,043,768 | +€2.5m | +447% |
| Current investments | 50/53 | €1,500,000 | €1,000,000 | -€500,000 | -33.3% |
| Cash at bank and in hand | 54/58 | €269,103 | €17,724 | -€251,379 | -93.4% |
| Deferred charges and accrued income | 490/1 | €63,130 | - | -€63,130 | |
| Total equity and liabilities | 10/49 | €4,683,683 | €6,330,488 | +€1.6m | +35.2% |
| Equity | 10/15 | €3,091,296 | €3,113,100 | +€21,804 | +0.7% |
| Contributions | 10/11 | €74,400 | €74,400 | = | 0.0% |
| Capital | 10 | €74,400 | €74,400 | = | 0.0% |
| Issued capital | 100 | €74,400 | €74,400 | = | 0.0% |
| Reserves | 13 | €181,822 | €152,758 | -€29,064 | -16.0% |
| Non-distributable reserves | 130/1 | €7,440 | €7,440 | = | 0.0% |
| Legal reserve | 130 | €7,440 | €7,440 | = | 0.0% |
| Tax-exempt reserves | 132 | €174,382 | €145,318 | -€29,064 | -16.7% |
| Profit (loss) carried forward | 14 | €2,835,074 | €2,885,941 | +€50,867 | +1.8% |
| Provisions and deferred taxes | 16 | €89,793 | €74,828 | -€14,966 | -16.7% |
| Deferred taxes | 168 | €89,793 | €74,828 | -€14,966 | -16.7% |
| Amounts payable | 17/49 | €1,502,594 | €3,142,561 | +€1.6m | +109% |
| Amounts payable after more than one year | 17 | €12,750 | €24,750 | +€12,000 | +94.1% |
| Other amounts payable | 178/9 | €12,750 | €24,750 | +€12,000 | +94.1% |
| Amounts payable within one year | 42/48 | €1,489,844 | €3,117,811 | +€1.6m | +109% |
| Financial debts | 43 | €225,732 | €2,081,186 | +€1.9m | +822% |
| Credit institutions | 430/8 | €225,732 | €2,081,186 | +€1.9m | +822% |
| Trade debts | 44 | €958,060 | €960,740 | +€2,680 | +0.3% |
| Suppliers | 440/4 | €958,060 | €960,740 | +€2,680 | +0.3% |
| Advances received on contracts in progress | 46 | €274,682 | €50,868 | -€223,813 | -81.5% |
| Taxes, remuneration and social security | 45 | €31,370 | €25,017 | -€6,353 | -20.3% |
| Taxes | 450/3 | €17,822 | €10,119 | -€7,704 | -43.2% |
| Remuneration and social security | 454/9 | €13,548 | €14,898 | +€1,350 | +10.0% |
| Remuneration, social security and pensions | 62 | €193,944 | €177,024 | -€16,920 | -8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €182,231 | €181,802 | -€429 | -0.2% |
| Other operating charges | 640/8 | €36,054 | €38,463 | +€2,409 | +6.7% |
| Gross operating margin | 9900 | €432,729 | €381,062 | -€51,668 | -11.9% |
| Operating profit (loss) | 9901 | €20,501 | -€16,226 | -€36,727 | |
| Financial income | 75/76B | €66,134 | €63,834 | -€2,300 | -3.5% |
| Recurring financial income | 75 | €66,134 | €63,834 | -€2,300 | -3.5% |
| Financial charges | 65/66B | €24,073 | €18,710 | -€5,363 | -22.3% |
| Recurring financial charges | 65 | €24,073 | €18,710 | -€5,363 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | €62,562 | €28,898 | -€33,665 | -53.8% |
| Transfer from deferred taxes | 780 | €14,966 | €14,966 | = | 0.0% |
| Income taxes | 67/77 | €31,971 | €22,059 | -€9,912 | -31.0% |
| Profit (loss) for the period | 9904 | €45,556 | €21,804 | -€23,753 | -52.1% |
| Transfer from tax-exempt reserves | 789 | €29,064 | €29,064 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €74,620 | €50,867 | -€23,753 | -31.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.