JNL 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.
JNL Management
Largest movements
- Cash +€9,083
up €9,083 (+297%), from €3,059 to €12,142
mainly Tax, wage and social debts (+€2,269) and Trade debts (+€2,220)
- Tangible fixed assets -€1,432
down €1,432 (-52.5%), from €2,730 to €1,298
of which Furniture and vehicles: -€761
- Deferred charges and accrued income -€1,072
no longer reported in 2025 (was €1,072)
- Tax, wage and social debts +€2,269
up €2,269 (+45.2%), from €5,023 to €7,292
- Trade debts +€2,220
up €2,220 (+274%), from €811 to €3,031
- Profit (loss) carried forward +€2,157
up €2,157 (+38.1%), from €5,662 to €7,819
- Gross operating margin +€2,962
up €2,962 (+88.1%), from €3,361 to €6,322
- Taxes +€1,549
up €1,549 (+286%), from €542 to €2,091
- Depreciation +€148
up €148 (+11.6%), from €1,284 to €1,432
- Financial income +€78
new in 2025: €78
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 | €11,496 | €18,142 | +€6,646 | +57.8% |
| Fixed assets | 21/28 | €2,730 | €1,298 | -€1,432 | -52.5% |
| Tangible fixed assets | 22/27 | €2,730 | €1,298 | -€1,432 | -52.5% |
| Plant, machinery and equipment | 23 | €1,423 | €752 | -€671 | -47.2% |
| Furniture and vehicles | 24 | €1,307 | €546 | -€761 | -58.2% |
| Current assets | 29/58 | €8,766 | €16,844 | +€8,078 | +92.2% |
| Amounts receivable within one year | 40/41 | €4,635 | €4,702 | +€67 | +1.4% |
| Other amounts receivable | 41 | €4,635 | €4,702 | +€67 | +1.4% |
| Cash at bank and in hand | 54/58 | €3,059 | €12,142 | +€9,083 | +297% |
| Deferred charges and accrued income | 490/1 | €1,072 | - | -€1,072 | |
| Total equity and liabilities | 10/49 | €11,496 | €18,142 | +€6,646 | +57.8% |
| Equity | 10/15 | €5,662 | €7,819 | +€2,157 | +38.1% |
| Profit (loss) carried forward | 14 | €5,662 | €7,819 | +€2,157 | +38.1% |
| Amounts payable | 17/49 | €5,834 | €10,323 | +€4,489 | +76.9% |
| Amounts payable within one year | 42/48 | €5,834 | €10,323 | +€4,489 | +76.9% |
| Trade debts | 44 | €811 | €3,031 | +€2,220 | +274% |
| Suppliers | 440/4 | €811 | €3,031 | +€2,220 | +274% |
| Taxes, remuneration and social security | 45 | €5,023 | €7,292 | +€2,269 | +45.2% |
| Taxes | 450/3 | €5,023 | €7,292 | +€2,269 | +45.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,284 | €1,432 | +€148 | +11.6% |
| Other operating charges | 640/8 | €555 | €571 | +€16 | +2.8% |
| Gross operating margin | 9900 | €3,361 | €6,322 | +€2,962 | +88.1% |
| Operating profit (loss) | 9901 | €1,522 | €4,319 | +€2,798 | +184% |
| Financial income | 75/76B | - | €78 | +€78 | |
| Recurring financial income | 75 | - | €78 | +€78 | |
| Financial charges | 65/66B | €135 | €150 | +€15 | +11.1% |
| Recurring financial charges | 65 | €135 | €150 | +€15 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €1,387 | €4,247 | +€2,860 | +206% |
| Income taxes | 67/77 | €542 | €2,091 | +€1,549 | +286% |
| Profit (loss) for the period | 9904 | €845 | €2,157 | +€1,312 | +155% |
| Profit (loss) for the period to be appropriated | 9905 | €845 | €2,157 | +€1,312 | +155% |
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 21 October 2026 via checked.be.