JNNF: 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.
JNNF
Largest movements
- Receivables within one year +€7,361
up €7,361 (+31.4%), from €23,445 to €30,806
of which Other amounts receivable: +€7,026
- Tangible fixed assets +€1,321
new in 2025: €1,321
- Reserves +€5,127
up €5,127 (+27.4%), from €18,701 to €23,828
- Tax, wage and social debts +€2,560
up €2,560 (+17.6%), from €14,522 to €17,082
of which Taxes: +€2,985
- Trade debts +€757
up €757 (+19.3%), from €3,933 to €4,690
- Turnover +€107,946
new in 2025: €107,946
- Purchases and services +€100,832
new in 2025: €100,832
- Gross operating margin -€19,249
down €19,249 (-67.7%), from €28,417 to €9,168
- Taxes -€3,290
down €3,290 (-55.3%), from €5,950 to €2,660
- Other operating charges -€1,427
down €1,427 (-44.3%), from €3,220 to €1,794
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 | €38,155 | €46,600 | +€8,445 | +22.1% |
| Fixed assets | 21/28 | - | €1,321 | +€1,321 | |
| Tangible fixed assets | 22/27 | - | €1,321 | +€1,321 | |
| Furniture and vehicles | 24 | - | €1,321 | +€1,321 | |
| Current assets | 29/58 | €38,155 | €45,279 | +€7,124 | +18.7% |
| Amounts receivable within one year | 40/41 | €23,445 | €30,806 | +€7,361 | +31.4% |
| Trade receivables | 40 | €10,603 | €10,938 | +€335 | +3.2% |
| Other amounts receivable | 41 | €12,842 | €19,869 | +€7,026 | +54.7% |
| Cash at bank and in hand | 54/58 | €13,157 | €12,722 | -€435 | -3.3% |
| Deferred charges and accrued income | 490/1 | €1,553 | €1,751 | +€197 | +12.7% |
| Total equity and liabilities | 10/49 | €38,155 | €46,600 | +€8,445 | +22.1% |
| Equity | 10/15 | €19,701 | €24,828 | +€5,127 | +26.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €18,701 | €23,828 | +€5,127 | +27.4% |
| Distributable reserves | 133 | €18,701 | €23,828 | +€5,127 | +27.4% |
| Amounts payable | 17/49 | €18,455 | €21,772 | +€3,317 | +18.0% |
| Amounts payable within one year | 42/48 | €18,455 | €21,772 | +€3,317 | +18.0% |
| Trade debts | 44 | €3,933 | €4,690 | +€757 | +19.3% |
| Suppliers | 440/4 | €3,933 | €4,690 | +€757 | +19.3% |
| Taxes, remuneration and social security | 45 | €14,522 | €17,082 | +€2,560 | +17.6% |
| Taxes | 450/3 | €14,097 | €17,082 | +€2,985 | +21.2% |
| Remuneration and social security | 454/9 | €425 | - | -€425 | |
| Turnover | 70 | - | €107,946 | +€107,946 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €100,832 | +€100,832 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,213 | €434 | -€778 | -64.2% |
| Other operating charges | 640/8 | €3,220 | €1,794 | -€1,427 | -44.3% |
| Gross operating margin | 9900 | €28,417 | €9,168 | -€19,249 | -67.7% |
| Operating profit (loss) | 9901 | €23,984 | €6,940 | -€17,044 | -71.1% |
| Financial income | 75/76B | €736 | €916 | +€180 | +24.4% |
| Recurring financial income | 75 | €736 | €916 | +€180 | +24.4% |
| Non-recurring financial income | 76B | €736 | - | -€736 | |
| Financial charges | 65/66B | €70 | €68 | -€2 | -2.3% |
| Recurring financial charges | 65 | €70 | €68 | -€2 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | €24,651 | €7,788 | -€16,863 | -68.4% |
| Income taxes | 67/77 | €5,950 | €2,660 | -€3,290 | -55.3% |
| Profit (loss) for the period | 9904 | €18,701 | €5,127 | -€13,573 | -72.6% |
| Profit (loss) for the period to be appropriated | 9905 | €18,701 | €5,127 | -€13,573 | -72.6% |
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 18 October 2026 via checked.be.