Jonel: 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.
Jonel
Largest movements
- Financial fixed assets -€51,000
down €51,000 (-5.5%), from €921,733 to €870,733
- Cash +€44,067
up €44,067 (+59.9%), from €73,613 to €117,679
mainly Other debts (+€439,961) and Net result for the year (+€107,635)
- Receivables within one year -€36,864
down €36,864 (-55.2%), from €66,803 to €29,939
- Other debts +€439,961
up €439,961 (+317%), from €138,870 to €578,831
- Profit (loss) carried forward -€430,908
no longer reported in 2025 (was €430,908)
- Debts after one year -€100,000
down €100,000 (-31.6%), from €316,667 to €216,667
- Tax, wage and social debts +€85,991
up €85,991 (+1,542%), from €5,578 to €91,569
of which Taxes: +€85,806
- Reserves -€38,500
down €38,500 (-60.3%), from €63,796 to €25,296
of which Distributable reserves: -€38,500
- Financial income +€41,145
up €41,145 (+286%), from €14,397 to €55,542
- Financial charges +€39,937
up €39,937 (+190%), from €21,028 to €60,965
of which Non-recurring financial charges: +€42,000
- Gross operating margin -€19,252
down €19,252 (-8.9%), from €215,274 to €196,022
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 | €1,077,080 | €1,034,886 | -€42,193 | -3.9% |
| Fixed assets | 21/28 | €936,073 | €884,680 | -€51,393 | -5.5% |
| Tangible fixed assets | 22/27 | €14,340 | €13,947 | -€393 | -2.7% |
| Plant, machinery and equipment | 23 | €11,933 | €12,141 | +€209 | +1.8% |
| Furniture and vehicles | 24 | €230 | €797 | +€567 | +246% |
| Other tangible fixed assets | 26 | €2,177 | €1,008 | -€1,169 | -53.7% |
| Financial fixed assets | 28 | €921,733 | €870,733 | -€51,000 | -5.5% |
| Current assets | 29/58 | €141,006 | €150,206 | +€9,200 | +6.5% |
| Amounts receivable within one year | 40/41 | €66,803 | €29,939 | -€36,864 | -55.2% |
| Other amounts receivable | 41 | €66,803 | €29,939 | -€36,864 | -55.2% |
| Cash at bank and in hand | 54/58 | €73,613 | €117,679 | +€44,067 | +59.9% |
| Deferred charges and accrued income | 490/1 | €590 | €2,588 | +€1,998 | +338% |
| Total equity and liabilities | 10/49 | €1,077,080 | €1,034,886 | -€42,193 | -3.9% |
| Equity | 10/15 | €499,703 | €30,296 | -€469,407 | -93.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €63,796 | €25,296 | -€38,500 | -60.3% |
| Tax-exempt reserves | 132 | €25,296 | €25,296 | = | 0.0% |
| Distributable reserves | 133 | €38,500 | - | -€38,500 | |
| Profit (loss) carried forward | 14 | €430,908 | - | -€430,908 | |
| Amounts payable | 17/49 | €577,376 | €1,004,591 | +€427,214 | +74.0% |
| Amounts payable after more than one year | 17 | €316,667 | €216,667 | -€100,000 | -31.6% |
| Financial debts | 170/4 | €316,667 | €216,667 | -€100,000 | -31.6% |
| Amounts payable within one year | 42/48 | €260,710 | €787,924 | +€527,214 | +202% |
| Current portion of amounts payable after more than one year | 42 | €113,750 | €113,333 | -€417 | -0.4% |
| Trade debts | 44 | €2,511 | €4,190 | +€1,679 | +66.9% |
| Suppliers | 440/4 | €2,511 | €4,190 | +€1,679 | +66.9% |
| Taxes, remuneration and social security | 45 | €5,578 | €91,569 | +€85,991 | +1,542% |
| Taxes | 450/3 | €750 | €86,556 | +€85,806 | +11,434% |
| Remuneration and social security | 454/9 | €4,828 | €5,013 | +€185 | +3.8% |
| Other amounts payable | 47/48 | €138,870 | €578,831 | +€439,961 | +317% |
| Remuneration, social security and pensions | 62 | €36,762 | €37,344 | +€582 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,283 | €5,844 | +€562 | +10.6% |
| Other operating charges | 640/8 | €643 | €328 | -€314 | -48.9% |
| Gross operating margin | 9900 | €215,274 | €196,022 | -€19,252 | -8.9% |
| Operating profit (loss) | 9901 | €172,586 | €152,505 | -€20,081 | -11.6% |
| Financial income | 75/76B | €14,397 | €55,542 | +€41,145 | +286% |
| Recurring financial income | 75 | €14,397 | €55,542 | +€41,145 | +286% |
| Financial charges | 65/66B | €21,028 | €60,965 | +€39,937 | +190% |
| Recurring financial charges | 65 | €9,428 | €7,365 | -€2,063 | -21.9% |
| Non-recurring financial charges | 66B | €11,600 | €53,600 | +€42,000 | +362% |
| Profit (loss) for the period before taxes | 9903 | €165,955 | €147,081 | -€18,874 | -11.4% |
| Income taxes | 67/77 | €39,269 | €39,446 | +€177 | +0.5% |
| Profit (loss) for the period | 9904 | €126,686 | €107,635 | -€19,051 | -15.0% |
| Transfer from tax-exempt reserves | 789 | €38,500 | - | -€38,500 | |
| Profit (loss) for the period to be appropriated | 9905 | €165,186 | €107,635 | -€57,551 | -34.8% |
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.