JORENS DENNIS: what changed
JORENS DENNIS
Largest movements
- Tangible fixed assets +€24,637
up €24,637 (+471%), from €5,236 to €29,873
of which Furniture and vehicles: +€24,458
- Cash +€15,744
up €15,744 (+18.9%), from €83,516 to €99,260
mainly Net result for the year (+€29,611) and Depreciation (+€8,912)
- Receivables within one year -€8,738
down €8,738 (-100%), from €8,738 to €0
of which Trade receivables: -€6,481
- Reserves +€29,611
up €29,611 (+42.2%), from €70,123 to €99,734
of which Distributable reserves: +€29,611
- Tax, wage and social debts +€4,567
up €4,567 (+228%), from €2,000 to €6,567
of which Taxes: +€6,567
- Other debts -€2,010
down €2,010 (-25.6%), from €7,841 to €5,831
- Trade debts -€1,487
down €1,487 (-57.3%), from €2,596 to €1,109
- Gross operating margin +€35,860
up €35,860 (+203%), from €17,681 to €53,541
- Taxes +€11,433
up €11,433 (+339%), from €3,368 to €14,801
- Depreciation +€3,052
up €3,052 (+52.1%), from €5,860 to €8,912
- Financial income +€1,580
up €1,580 (+1,684%), from €94 to €1,674
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €101,852 | €132,404 | +€30,551 | +30.0% |
| Fixed assets | 21/28 | €6,571 | €31,208 | +€24,637 | +375% |
| Tangible fixed assets | 22/27 | €5,236 | €29,873 | +€24,637 | +471% |
| Plant, machinery and equipment | 23 | €2,452 | €2,631 | +€179 | +7.3% |
| Furniture and vehicles | 24 | €2,784 | €27,242 | +€24,458 | +879% |
| Financial fixed assets | 28 | €1,335 | €1,335 | = | 0.0% |
| Current assets | 29/58 | €95,281 | €101,196 | +€5,914 | +6.2% |
| Amounts receivable within one year | 40/41 | €8,738 | €0 | -€8,738 | -100% |
| Trade receivables | 40 | €6,481 | €0 | -€6,481 | -100% |
| Other amounts receivable | 41 | €2,257 | €0 | -€2,257 | -100% |
| Cash at bank and in hand | 54/58 | €83,516 | €99,260 | +€15,744 | +18.9% |
| Deferred charges and accrued income | 490/1 | €3,027 | €1,936 | -€1,091 | -36.1% |
| Total equity and liabilities | 10/49 | €101,852 | €132,404 | +€30,551 | +30.0% |
| Equity | 10/15 | €88,723 | €118,334 | +€29,611 | +33.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €70,123 | €99,734 | +€29,611 | +42.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €68,263 | €97,874 | +€29,611 | +43.4% |
| Amounts payable | 17/49 | €13,129 | €14,069 | +€940 | +7.2% |
| Amounts payable within one year | 42/48 | €12,437 | €13,508 | +€1,071 | +8.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €2,596 | €1,109 | -€1,487 | -57.3% |
| Suppliers | 440/4 | €2,596 | €1,109 | -€1,487 | -57.3% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €2,000 | €6,567 | +€4,567 | +228% |
| Taxes | 450/3 | €0 | €6,567 | +€6,567 | |
| Remuneration and social security | 454/9 | €2,000 | €0 | -€2,000 | -100% |
| Other amounts payable | 47/48 | €7,841 | €5,831 | -€2,010 | -25.6% |
| Accrued charges and deferred income | 492/3 | €692 | €562 | -€131 | -18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,860 | €8,912 | +€3,052 | +52.1% |
| Other operating charges | 640/8 | €1,130 | €1,274 | +€144 | +12.7% |
| Gross operating margin | 9900 | €17,681 | €53,541 | +€35,860 | +203% |
| Operating profit (loss) | 9901 | €10,692 | €43,355 | +€32,664 | +306% |
| Financial income | 75/76B | €94 | €1,674 | +€1,580 | +1,684% |
| Recurring financial income | 75 | €94 | €1,674 | +€1,580 | +1,684% |
| Financial charges | 65/66B | €655 | €617 | -€38 | -5.7% |
| Recurring financial charges | 65 | €655 | €617 | -€38 | -5.7% |
| Profit (loss) for the period before taxes | 9903 | €10,131 | €44,412 | +€34,282 | +338% |
| Income taxes | 67/77 | €3,368 | €14,801 | +€11,433 | +339% |
| Profit (loss) for the period | 9904 | €6,763 | €29,611 | +€22,848 | +338% |
| Profit (loss) for the period to be appropriated | 9905 | €6,763 | €29,611 | +€22,848 | +338% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.