JONESTEL: 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.
JONESTEL
Largest movements
- Cash +€99,040
up €99,040 (+180.0%), from €55,031 to €154,071
mainly Net result for the year (+€109,974) and Receivables within one year (+€38,441)
- Receivables within one year -€38,441
down €38,441 (-20.5%), from €187,194 to €148,754
of which Trade receivables: -€32,010
- Tangible fixed assets +€6,275
up €6,275 (+10.2%), from €61,722 to €67,996
of which Furniture and vehicles: +€6,413
- Reserves +€109,947
up €109,947 (+229.1%), from €48,000 to €157,947
of which Distributable reserves: +€103,750
- Accrued charges and deferred income -€50,000
no longer reported in 2025 (was €50,000)
- Trade debts +€15,472
up €15,472 (+143.4%), from €10,785 to €26,257
of which Bills of exchange payable: +€11,901
- Tax, wage and social debts -€6,777
down €6,777 (-9.3%), from €72,637 to €65,860
of which Taxes: -€6,377
- Gross operating margin +€32,476
up €32,476 (+21.5%), from €151,192 to €183,667
- Taxes +€11,687
up €11,687 (+27.8%), from €41,973 to €53,660
- Depreciation +€9,665
up €9,665 (+60.7%), from €15,934 to €25,599
- Financial income +€3,343
up €3,343 (+75.2%), from €4,444 to €7,787
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.
Cash bridge derived
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 | €307,034 | €373,988 | +€66,954 | +21.8% |
| Fixed assets | 21/28 | €63,769 | €67,996 | +€4,227 | +6.6% |
| Tangible fixed assets | 22/27 | €61,722 | €67,996 | +€6,275 | +10.2% |
| Plant, machinery and equipment | 23 | - | €910 | +€910 | |
| Furniture and vehicles | 24 | €18,059 | €24,473 | +€6,413 | +35.5% |
| Other tangible fixed assets | 26 | €43,662 | €42,613 | -€1,049 | -2.4% |
| Financial fixed assets | 28 | €2,048 | - | -€2,048 | |
| Current assets | 29/58 | €243,265 | €305,992 | +€62,727 | +25.8% |
| Amounts receivable within one year | 40/41 | €187,194 | €148,754 | -€38,441 | -20.5% |
| Trade receivables | 40 | €114,874 | €82,864 | -€32,010 | -27.9% |
| Other amounts receivable | 41 | €72,320 | €65,890 | -€6,430 | -8.9% |
| Cash at bank and in hand | 54/58 | €55,031 | €154,071 | +€99,040 | +180.0% |
| Deferred charges and accrued income | 490/1 | €1,039 | €3,167 | +€2,128 | +204.7% |
| Total equity and liabilities | 10/49 | €307,034 | €373,988 | +€66,954 | +21.8% |
| Equity | 10/15 | €110,513 | €220,487 | +€109,974 | +99.5% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | - | €61,973 | +€61,973 | |
| Issued capital | 100 | - | €61,973 | +€61,973 | |
| Reserves | 13 | €48,000 | €157,947 | +€109,947 | +229.1% |
| Non-distributable reserves | 130/1 | - | €6,197 | +€6,197 | |
| Legal reserve | 130 | - | €6,197 | +€6,197 | |
| Distributable reserves | 133 | €48,000 | €151,750 | +€103,750 | +216.1% |
| Profit (loss) carried forward | 14 | €540 | €566 | +€26 | +4.9% |
| Provisions and deferred taxes | 16 | €60,000 | €60,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €60,000 | €60,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €60,000 | €60,000 | = | 0.0% |
| Amounts payable | 17/49 | €136,521 | €93,501 | -€43,020 | -31.5% |
| Amounts payable within one year | 42/48 | €86,521 | €93,501 | +€6,980 | +8.1% |
| Current portion of amounts payable after more than one year | 42 | €3,098 | - | -€3,098 | |
| Financial debts | 43 | - | €1,384 | +€1,384 | |
| Credit institutions | 430/8 | - | €1,384 | +€1,384 | |
| Trade debts | 44 | €10,785 | €26,257 | +€15,472 | +143.4% |
| Suppliers | 440/4 | €10,785 | €14,356 | +€3,570 | +33.1% |
| Bills of exchange payable | 441 | - | €11,901 | +€11,901 | |
| Taxes, remuneration and social security | 45 | €72,637 | €65,860 | -€6,777 | -9.3% |
| Taxes | 450/3 | €72,237 | €65,860 | -€6,377 | -8.8% |
| Remuneration and social security | 454/9 | €400 | - | -€400 | |
| Accrued charges and deferred income | 492/3 | €50,000 | - | -€50,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,934 | €25,599 | +€9,665 | +60.7% |
| Other operating charges | 640/8 | €1,270 | €1,579 | +€309 | +24.4% |
| Gross operating margin | 9900 | €151,192 | €183,667 | +€32,476 | +21.5% |
| Operating profit (loss) | 9901 | €133,988 | €156,490 | +€22,502 | +16.8% |
| Financial income | 75/76B | €4,444 | €7,787 | +€3,343 | +75.2% |
| Recurring financial income | 75 | €4,444 | €7,787 | +€3,343 | +75.2% |
| Financial charges | 65/66B | €648 | €644 | -€5 | -0.7% |
| Recurring financial charges | 65 | €648 | €644 | -€5 | -0.7% |
| Profit (loss) for the period before taxes | 9903 | €137,784 | €163,634 | +€25,850 | +18.8% |
| Income taxes | 67/77 | €41,973 | €53,660 | +€11,687 | +27.8% |
| Profit (loss) for the period | 9904 | €95,811 | €109,974 | +€14,163 | +14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €95,811 | €109,974 | +€14,163 | +14.8% |
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.