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JONALIENOR: what changed

Two fiscal 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.

What changed

JONALIENOR

BE 0862.579.626
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€104,957
2024 · -€57,520-€47,437
Equity
€700,912
2024 · €805,869-€104,957
Cash
€3,718
2024 · €43,033-€39,315
Balance sheet total
€2.8m
2024 · €2.8m-€49,208

Largest movements

2024 to 2025
Assets
  • Cash -€39,315

    down €39,315 (-91.4%), from €43,033 to €3,718

    mainly Investment in fixed assets (net) (-€121,740) and Net result for the year (-€104,957)

Equity and liabilities
  • Profit (loss) carried forward -€104,957

    down €104,957 (-21.4%), from €489,717 to €384,759

  • Debts after one year +€49,426

    up €49,426 (+2.5%), from €2.0m to €2.0m

    of which Other amounts payable: +€87,277

Income statement
  • Gross operating margin -€29,930

    down €29,930 (-29.5%), from €101,362 to €71,432

  • Depreciation +€16,954

    up €16,954 (+15.1%), from €112,006 to €128,960

  • Financial charges +€3,827

    up €3,827 (+12.1%), from €31,545 to €35,372

  • Other operating charges -€3,787

    down €3,787 (-23.9%), from €15,849 to €12,062

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€57,520
Gross operating margin -€29,930
Depreciation -€16,954
Other operating charges +€3,787
Financial income -€84
Financial charges -€3,827
Taxes -€430
Result 2025 -€104,957

Cash bridge derived

cash 2024 to 2025

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.

From operations +€30,175
Investment -€121,740
Financing +€52,251
Cash 2024 €43,033
Net result for the year -€104,957
Depreciation +€128,960
Receivables within one year +€2,942
Deferred charges and accrued income -€269
Trade debts -€1,361
Other debts -€657
Accrued charges and deferred income +€5,517
Investment in fixed assets (net) -€121,740
Debts after one year +€49,426
Current portion of long-term debt +€2,824
Cash 2025 €3,718
Every line side by side 39 lines
Line Code 2024 2025 Change %
Total assets 20/58 €2,846,755 €2,797,547 -€49,208 -1.7%
Fixed assets 21/28 €2,800,701 €2,793,480 -€7,220 -0.3%
Tangible fixed assets 22/27 €2,800,701 €2,793,480 -€7,220 -0.3%
Land and buildings 22 €2,800,216 €2,793,157 -€7,059 -0.3%
Plant, machinery and equipment 23 €485 €323 -€161 -33.2%
Current assets 29/58 €46,054 €4,067 -€41,988 -91.2%
Amounts receivable within one year 40/41 €2,942 €0 -€2,942 -100.0%
Trade receivables 40 €2,942 €0 -€2,942 -100.0%
Cash at bank and in hand 54/58 €43,033 €3,718 -€39,315 -91.4%
Deferred charges and accrued income 490/1 €80 €349 +€269 +336.3%
Total equity and liabilities 10/49 €2,846,755 €2,797,547 -€49,208 -1.7%
Equity 10/15 €805,869 €700,912 -€104,957 -13.0%
Contributions 10/11 €304,701 €304,701 = 0.0%
Reserves 13 €11,451 €11,451 = 0.0%
Non-distributable reserves 130/1 €11,451 €11,451 = 0.0%
Reserves not available under the articles 1311 €11,451 €11,451 = 0.0%
Profit (loss) carried forward 14 €489,717 €384,759 -€104,957 -21.4%
Amounts payable 17/49 €2,040,886 €2,096,636 +€55,750 +2.7%
Amounts payable after more than one year 17 €1,982,591 €2,032,017 +€49,426 +2.5%
Financial debts 170/4 €323,364 €285,513 -€37,851 -11.7%
Other amounts payable 178/9 €1,659,227 €1,746,504 +€87,277 +5.3%
Amounts payable within one year 42/48 €36,830 €37,637 +€806 +2.2%
Current portion of amounts payable after more than one year 42 €34,299 €37,123 +€2,824 +8.2%
Trade debts 44 €1,361 €0 -€1,361 -100.0%
Suppliers 440/4 €1,361 €0 -€1,361 -100.0%
Other amounts payable 47/48 €1,170 €513 -€657 -56.1%
Accrued charges and deferred income 492/3 €21,465 €26,982 +€5,517 +25.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €112,006 €128,960 +€16,954 +15.1%
Other operating charges 640/8 €15,849 €12,062 -€3,787 -23.9%
Gross operating margin 9900 €101,362 €71,432 -€29,930 -29.5%
Operating profit (loss) 9901 -€26,494 -€69,590 -€43,097 -162.7%
Financial income 75/76B €91 €7 -€84 -92.7%
Recurring financial income 75 €91 €7 -€84 -92.7%
Financial charges 65/66B €31,545 €35,372 +€3,827 +12.1%
Recurring financial charges 65 €31,545 €35,372 +€3,827 +12.1%
Profit (loss) for the period before taxes 9903 -€57,948 -€104,955 -€47,008 -81.1%
Income taxes 67/77 -€428 €2 +€430
Profit (loss) for the period 9904 -€57,520 -€104,957 -€47,437 -82.5%
Profit (loss) for the period to be appropriated 9905 -€57,520 -€104,957 -€47,437 -82.5%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.