JNS: 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.
JNS
Largest movements
- Cash -€59,344
down €59,344 (-66.5%), from €89,272 to €29,928
mainly Investment in fixed assets (net) (-€79,959) and Receivables within one year (-€20,792)
- Tangible fixed assets +€53,396
up €53,396 (+94.1%), from €56,720 to €110,116
of which Furniture and vehicles: +€64,418
- Receivables within one year +€20,792
up €20,792 (+51.0%), from €40,742 to €61,533
of which Trade receivables: +€12,234
- Stocks and contracts +€15,920
up €15,920 (+69.9%), from €22,789 to €38,709
- Debts after one year +€36,449
up €36,449 (+46.8%), from €77,877 to €114,326
of which Financial debts: +€36,449
- Current portion of long-term debt +€14,629
up €14,629 (+120%), from €12,216 to €26,845
- Other debts -€13,442
down €13,442 (-30.0%), from €44,820 to €31,378
- Tax, wage and social debts -€6,599
down €6,599 (-38.0%), from €17,387 to €10,788
of which Remuneration and social security: -€10,000
- Depreciation +€12,759
up €12,759 (+92.4%), from €13,804 to €26,563
- Gross operating margin -€4,341
down €4,341 (-10.1%), from €42,826 to €38,485
- Staff costs +€3,679
up €3,679 (+215%), from €1,709 to €5,388
- Taxes -€2,413
no longer reported in 2025 (was €2,413)
- Financial charges +€1,616
up €1,616 (+59.4%), from €2,720 to €4,335
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 | €210,261 | €241,071 | +€30,810 | +14.7% |
| Fixed assets | 21/28 | €56,720 | €110,116 | +€53,396 | +94.1% |
| Tangible fixed assets | 22/27 | €56,720 | €110,116 | +€53,396 | +94.1% |
| Land and buildings | 22 | €44,374 | €35,322 | -€9,052 | -20.4% |
| Plant, machinery and equipment | 23 | €6,656 | €4,685 | -€1,971 | -29.6% |
| Furniture and vehicles | 24 | €5,690 | €70,108 | +€64,418 | +1,132% |
| Current assets | 29/58 | €153,541 | €130,956 | -€22,586 | -14.7% |
| Stocks and contracts in progress | 3 | €22,789 | €38,709 | +€15,920 | +69.9% |
| Stocks | 30/36 | €22,789 | €38,709 | +€15,920 | +69.9% |
| Amounts receivable within one year | 40/41 | €40,742 | €61,533 | +€20,792 | +51.0% |
| Trade receivables | 40 | €40,576 | €52,810 | +€12,234 | +30.2% |
| Other amounts receivable | 41 | €166 | €8,724 | +€8,558 | +5,164% |
| Cash at bank and in hand | 54/58 | €89,272 | €29,928 | -€59,344 | -66.5% |
| Deferred charges and accrued income | 490/1 | €739 | €785 | +€47 | +6.3% |
| Total equity and liabilities | 10/49 | €210,261 | €241,071 | +€30,810 | +14.7% |
| Equity | 10/15 | €50,915 | €50,621 | -€294 | -0.6% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,455 | €30,161 | -€294 | -1.0% |
| Amounts payable | 17/49 | €159,346 | €190,450 | +€31,104 | +19.5% |
| Amounts payable after more than one year | 17 | €77,877 | €114,326 | +€36,449 | +46.8% |
| Financial debts | 170/4 | €67,877 | €104,326 | +€36,449 | +53.7% |
| Other amounts payable | 178/9 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €81,469 | €76,125 | -€5,345 | -6.6% |
| Current portion of amounts payable after more than one year | 42 | €12,216 | €26,845 | +€14,629 | +120% |
| Trade debts | 44 | €7,047 | €6,648 | -€399 | -5.7% |
| Suppliers | 440/4 | €7,047 | €6,648 | -€399 | -5.7% |
| Advances received on contracts in progress | 46 | - | €466 | +€466 | |
| Taxes, remuneration and social security | 45 | €17,387 | €10,788 | -€6,599 | -38.0% |
| Taxes | 450/3 | €7,387 | €10,788 | +€3,401 | +46.0% |
| Remuneration and social security | 454/9 | €10,000 | - | -€10,000 | |
| Other amounts payable | 47/48 | €44,820 | €31,378 | -€13,442 | -30.0% |
| Remuneration, social security and pensions | 62 | €1,709 | €5,388 | +€3,679 | +215% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,804 | €26,563 | +€12,759 | +92.4% |
| Other operating charges | 640/8 | €2,521 | €2,950 | +€429 | +17.0% |
| Gross operating margin | 9900 | €42,826 | €38,485 | -€4,341 | -10.1% |
| Operating profit (loss) | 9901 | €24,792 | €3,584 | -€21,209 | -85.5% |
| Financial income | 75/76B | €185 | €458 | +€273 | +147% |
| Recurring financial income | 75 | €185 | €458 | +€273 | +147% |
| Financial charges | 65/66B | €2,720 | €4,335 | +€1,616 | +59.4% |
| Recurring financial charges | 65 | €2,720 | €4,335 | +€1,616 | +59.4% |
| Profit (loss) for the period before taxes | 9903 | €22,258 | -€294 | -€22,552 | |
| Income taxes | 67/77 | €2,413 | - | -€2,413 | |
| Profit (loss) for the period | 9904 | €19,845 | -€294 | -€20,139 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,845 | -€294 | -€20,139 |
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 14 October 2026 via checked.be.