JNS Concept: 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 Concept
Largest movements
- Tangible fixed assets +€23,612
up €23,612 (+535%), from €4,410 to €28,022
of which Leasing and similar rights: +€23,754
- Cash -€20,776
down €20,776 (-25.7%), from €80,781 to €60,005
mainly Trade debts (-€32,127) and Investment in fixed assets (net) (-€25,316)
- Receivables within one year +€18,990
up €18,990 (+28.5%), from €66,535 to €85,524
of which Trade receivables: +€41,670
- Stocks and contracts -€7,500
down €7,500 (-72.1%), from €10,400 to €2,900
of which Stocks: -€7,500
- Tax, wage and social debts +€45,534
up €45,534 (+393%), from €11,594 to €57,128
of which Taxes: +€37,178
- Trade debts -€32,127
down €32,127 (-27.6%), from €116,298 to €84,171
- Advances received -€22,245
down €22,245 (-100%), from €22,245 to €0
- Profit (loss) carried forward +€14,437
up €14,437 (+474%), from €3,044 to €17,480
- Short-term financial debts +€5,246
up €5,246 (+223%), from €2,349 to €7,595
- Gross operating margin +€35,271
up €35,271 (+29.4%), from €119,827 to €155,098
- Staff costs +€16,528
up €16,528 (+16.5%), from €100,065 to €116,592
- Write-downs +€9,012
new in 2025: €9,012
- Financial income -€1,807
down €1,807 (-74.2%), from €2,435 to €628
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 | €175,148 | €186,991 | +€11,843 | +6.8% |
| Fixed assets | 21/28 | €10,710 | €33,522 | +€22,812 | +213% |
| Tangible fixed assets | 22/27 | €4,410 | €28,022 | +€23,612 | +535% |
| Plant, machinery and equipment | 23 | €650 | €1,006 | +€356 | +54.7% |
| Furniture and vehicles | 24 | €3,760 | €3,262 | -€498 | -13.2% |
| Leasing and similar rights | 25 | - | €23,754 | +€23,754 | |
| Financial fixed assets | 28 | €6,300 | €5,500 | -€800 | -12.7% |
| Current assets | 29/58 | €164,438 | €153,470 | -€10,968 | -6.7% |
| Stocks and contracts in progress | 3 | €10,400 | €2,900 | -€7,500 | -72.1% |
| Stocks | 30/36 | €10,400 | €2,900 | -€7,500 | -72.1% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €66,535 | €85,524 | +€18,990 | +28.5% |
| Trade receivables | 40 | €39,709 | €81,379 | +€41,670 | +105% |
| Other amounts receivable | 41 | €26,826 | €4,146 | -€22,680 | -84.5% |
| Cash at bank and in hand | 54/58 | €80,781 | €60,005 | -€20,776 | -25.7% |
| Deferred charges and accrued income | 490/1 | €6,722 | €5,041 | -€1,681 | -25.0% |
| Total equity and liabilities | 10/49 | €175,148 | €186,991 | +€11,843 | +6.8% |
| Equity | 10/15 | €22,661 | €37,097 | +€14,437 | +63.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,017 | €1,017 | = | 0.0% |
| Distributable reserves | 133 | €1,017 | €1,017 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,044 | €17,480 | +€14,437 | +474% |
| Amounts payable | 17/49 | €152,487 | €149,894 | -€2,593 | -1.7% |
| Amounts payable within one year | 42/48 | €152,487 | €148,894 | -€3,593 | -2.4% |
| Financial debts | 43 | €2,349 | €7,595 | +€5,246 | +223% |
| Credit institutions | 430/8 | €2,349 | €7,595 | +€5,246 | +223% |
| Trade debts | 44 | €116,298 | €84,171 | -€32,127 | -27.6% |
| Suppliers | 440/4 | €116,298 | €84,171 | -€32,127 | -27.6% |
| Advances received on contracts in progress | 46 | €22,245 | €0 | -€22,245 | -100% |
| Taxes, remuneration and social security | 45 | €11,594 | €57,128 | +€45,534 | +393% |
| Taxes | 450/3 | €3,928 | €41,106 | +€37,178 | +946% |
| Remuneration and social security | 454/9 | €7,666 | €16,022 | +€8,355 | +109% |
| Accrued charges and deferred income | 492/3 | - | €1,000 | +€1,000 | |
| Non-recurring operating income | 76A | €54,641 | €2,408 | -€52,233 | -95.6% |
| Remuneration, social security and pensions | 62 | €100,065 | €116,592 | +€16,528 | +16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,446 | €2,504 | +€1,058 | +73.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €9,012 | +€9,012 | |
| Other operating charges | 640/8 | €3,690 | €3,911 | +€220 | +6.0% |
| Non-recurring operating charges | 66A | €4,124 | €3,124 | -€1,000 | -24.3% |
| Gross operating margin | 9900 | €119,827 | €155,098 | +€35,271 | +29.4% |
| Operating profit (loss) | 9901 | €10,503 | €19,956 | +€9,453 | +90.0% |
| Financial income | 75/76B | €2,435 | €628 | -€1,807 | -74.2% |
| Recurring financial income | 75 | €2,435 | €628 | -€1,807 | -74.2% |
| Financial charges | 65/66B | €1,420 | €2,231 | +€811 | +57.1% |
| Recurring financial charges | 65 | €1,420 | €2,231 | +€811 | +57.1% |
| Profit (loss) for the period before taxes | 9903 | €11,517 | €18,352 | +€6,835 | +59.3% |
| Income taxes | 67/77 | €2,418 | €3,916 | +€1,498 | +61.9% |
| Profit (loss) for the period | 9904 | €9,099 | €14,437 | +€5,337 | +58.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,099 | €14,437 | +€5,337 | +58.7% |
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 15 October 2026 via checked.be.