JONIRENT: 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
JONIRENT
NACE 55.203, Holiday cottages, homes and apartments
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€371,263
2023 · €262,258+€109,005
Equity
€760,474
2023 · €390,045+€370,430
Cash
€19,449
2023 · €70,856-€51,408
Balance sheet total
€3.7m
2023 · €3.3m+€462,929
Largest movements
Assets
- Tangible fixed assets +€694,428
up €694,428 (+23.2%), from €3.0m to €3.7m
of which Land and buildings: +€749,240
- Current investments -€180,000
no longer reported in 2024 (was €180,000)
- Cash -€51,408
down €51,408 (-72.6%), from €70,856 to €19,449
mainly Investment in fixed assets (net) (-€851,751) and Current portion of long-term debt (-€52,042)
Equity and liabilities
- Reserves +€334,243
up €334,243 (+103.5%), from €322,868 to €657,111
of which Tax-exempt reserves: +€334,243
- Provisions +€111,414
up €111,414 (+199.6%), from €55,832 to €167,247
- Current portion of long-term debt -€52,042
down €52,042 (-36.8%), from €141,592 to €89,550
Income statement
- Gross operating margin +€148,813
up €148,813 (+23.2%), from €640,066 to €788,879
- Taxes -€9,474
down €9,474 (-100.0%), from €9,478 to €4
- Depreciation +€8,588
up €8,588 (+5.8%), from €148,733 to €157,321
- Staff costs -€8,473
down €8,473 (-12.2%), from €69,507 to €61,034
From the 2023 result to the 2024 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 2023
€262,258
Gross operating margin
+€148,813
Staff costs
+€8,473
Depreciation
-€8,588
Other operating charges
-€5,730
Other operating items
+€59
Financial income
+€5,664
Financial charges
+€6,421
Taxes
+€9,474
Deferred taxes and other
-€55,582
Result 2024
€371,263
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€616,405
Investment
-€671,751
Financing
+€3,938
Cash 2023
€70,856
From operations (derived)
+€616,405
Net result for the year
+€371,263
Depreciation
+€157,321
Stocks and contracts
+€816
Receivables within one year
+€3,973
Deferred charges and accrued income
-€4,696
Provisions
+€111,414
Trade debts
-€23,520
Tax, wage and social debts
-€12,796
Other debts
+€2,445
Accrued charges and deferred income
+€10,185
Investment (derived)
-€671,751
Investment in fixed assets (net)
-€851,751
Current investments
+€180,000
Financing
+€3,938
Debts after one year
+€36,927
Current portion of long-term debt
-€52,042
Short-term financial debts
+€19,886
Contributions, distributions and other
-€833
Cash 2024
€19,449
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,254,340 | €3,717,269 | +€462,929 | +14.2% |
| Fixed assets | 21/28 | €2,987,903 | €3,682,332 | +€694,429 | +23.2% |
| Tangible fixed assets | 22/27 | €2,987,153 | €3,681,581 | +€694,428 | +23.2% |
| Land and buildings | 22 | €2,790,209 | €3,539,450 | +€749,240 | +26.9% |
| Plant, machinery and equipment | 23 | €95,433 | €81,680 | -€13,753 | -14.4% |
| Furniture and vehicles | 24 | €101,510 | €60,451 | -€41,059 | -40.4% |
| Financial fixed assets | 28 | €750 | €751 | +€1 | +0.1% |
| Current assets | 29/58 | €266,438 | €34,937 | -€231,501 | -86.9% |
| Stocks and contracts in progress | 3 | €4,481 | €3,665 | -€816 | -18.2% |
| Stocks | 30/36 | €4,481 | €3,665 | -€816 | -18.2% |
| Amounts receivable within one year | 40/41 | €8,205 | €4,231 | -€3,973 | -48.4% |
| Trade receivables | 40 | €8,073 | €4,074 | -€3,999 | -49.5% |
| Other amounts receivable | 41 | €132 | €158 | +€26 | +19.3% |
| Current investments | 50/53 | €180,000 | - | -€180,000 | |
| Cash at bank and in hand | 54/58 | €70,856 | €19,449 | -€51,408 | -72.6% |
| Deferred charges and accrued income | 490/1 | €2,895 | €7,591 | +€4,696 | +162.2% |
| Total equity and liabilities | 10/49 | €3,254,340 | €3,717,269 | +€462,929 | +14.2% |
| Equity | 10/15 | €390,045 | €760,474 | +€370,430 | +95.0% |
| Contributions | 10/11 | €29,760 | €29,760 | = | 0.0% |
| Reserves | 13 | €322,868 | €657,111 | +€334,243 | +103.5% |
| Tax-exempt reserves | 132 | €167,497 | €501,740 | +€334,243 | +199.6% |
| Distributable reserves | 133 | €155,371 | €155,371 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,416 | €73,603 | +€36,187 | +96.7% |
| Provisions and deferred taxes | 16 | €55,832 | €167,247 | +€111,414 | +199.6% |
| Deferred taxes | 168 | €55,832 | €167,247 | +€111,414 | +199.6% |
| Amounts payable | 17/49 | €2,808,464 | €2,789,549 | -€18,915 | -0.7% |
| Amounts payable after more than one year | 17 | €2,548,648 | €2,585,575 | +€36,927 | +1.4% |
| Financial debts | 170/4 | €1,722,473 | €981,410 | -€741,063 | -43.0% |
| Other amounts payable | 178/9 | €826,175 | €1,604,165 | +€777,990 | +94.2% |
| Amounts payable within one year | 42/48 | €251,024 | €184,997 | -€66,028 | -26.3% |
| Current portion of amounts payable after more than one year | 42 | €141,592 | €89,550 | -€52,042 | -36.8% |
| Financial debts | 43 | €9,600 | €29,486 | +€19,886 | +207.2% |
| Other loans | 439 | €9,600 | €29,486 | +€19,886 | +207.2% |
| Trade debts | 44 | €48,865 | €25,345 | -€23,520 | -48.1% |
| Suppliers | 440/4 | €48,865 | €25,345 | -€23,520 | -48.1% |
| Taxes, remuneration and social security | 45 | €35,021 | €22,225 | -€12,796 | -36.5% |
| Taxes | 450/3 | €24,321 | €16,061 | -€8,260 | -34.0% |
| Remuneration and social security | 454/9 | €10,700 | €6,164 | -€4,536 | -42.4% |
| Other amounts payable | 47/48 | €15,947 | €18,391 | +€2,445 | +15.3% |
| Accrued charges and deferred income | 492/3 | €8,792 | €18,977 | +€10,185 | +115.9% |
| Non-recurring operating income | 76A | €352,648 | €584,884 | +€232,236 | +65.9% |
| Remuneration, social security and pensions | 62 | €69,507 | €61,034 | -€8,473 | -12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €148,733 | €157,321 | +€8,588 | +5.8% |
| Other operating charges | 640/8 | €39,506 | €45,236 | +€5,730 | +14.5% |
| Non-recurring operating charges | 66A | €59 | - | -€59 | |
| Gross operating margin | 9900 | €640,066 | €788,879 | +€148,813 | +23.2% |
| Operating profit (loss) | 9901 | €382,260 | €525,288 | +€143,028 | +37.4% |
| Financial income | 75/76B | €366 | €6,030 | +€5,664 | +1548.3% |
| Recurring financial income | 75 | €366 | €6,030 | +€5,664 | +1548.3% |
| Financial charges | 65/66B | €55,058 | €48,637 | -€6,421 | -11.7% |
| Recurring financial charges | 65 | €55,058 | €48,637 | -€6,421 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €327,568 | €482,681 | +€155,112 | +47.4% |
| Transfer from deferred taxes | 780 | €124 | €1,679 | +€1,555 | +1251.8% |
| Transfer to deferred taxes | 680 | €55,957 | €113,093 | +€57,136 | +102.1% |
| Income taxes | 67/77 | €9,478 | €4 | -€9,474 | -100.0% |
| Profit (loss) for the period | 9904 | €262,258 | €371,263 | +€109,005 | +41.6% |
| Transfer from tax-exempt reserves | 789 | €373 | €5,036 | +€4,664 | +1251.9% |
| Transfer to tax-exempt reserves | 689 | €167,870 | €339,279 | +€171,409 | +102.1% |
| Profit (loss) for the period to be appropriated | 9905 | €94,761 | €37,020 | -€57,741 | -60.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.