JRJN: 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.
JRJN
Largest movements
- Tangible fixed assets +€21,460
new in 2025: €21,460
- Cash +€4,484
up €4,484 (+650.6%), from €689 to €5,174
mainly Debts after one year (+€26,172) and Trade debts (+€4,881)
- Receivables within one year +€2,276
up €2,276 (+772.0%), from €295 to €2,571
of which Trade receivables: +€2,297
- Financial fixed assets +€1,000
new in 2025: €1,000
- Intangible fixed assets -€961
down €961 (-63.1%), from €1,522 to €561
- Debts after one year +€26,172
new in 2025: €26,172
- Other debts -€6,878
down €6,878 (-20.1%), from €34,283 to €27,405
- Trade debts +€4,881
up €4,881 (+274.8%), from €1,777 to €6,658
- Profit (loss) carried forward +€4,592
up €4,592 (+23.4%), from -€19,618 to -€15,026
- Gross operating margin +€12,674
up €12,674, from -€6,730 to €5,944
- Other operating charges -€300
down €300 (-85.7%), from €350 to €50
- Financial charges +€277
up €277 (+405.8%), from €68 to €346
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 | €19,442 | €48,572 | +€29,130 | +149.8% |
| Fixed assets | 21/28 | €1,522 | €23,021 | +€21,499 | +1412.6% |
| Intangible fixed assets | 21 | €1,522 | €561 | -€961 | -63.1% |
| Tangible fixed assets | 22/27 | - | €21,460 | +€21,460 | |
| Plant, machinery and equipment | 23 | - | €21,460 | +€21,460 | |
| Financial fixed assets | 28 | - | €1,000 | +€1,000 | |
| Current assets | 29/58 | €17,920 | €25,551 | +€7,631 | +42.6% |
| Stocks and contracts in progress | 3 | €16,936 | €17,807 | +€871 | +5.1% |
| Stocks | 30/36 | €16,936 | €17,807 | +€871 | +5.1% |
| Amounts receivable within one year | 40/41 | €295 | €2,571 | +€2,276 | +772.0% |
| Trade receivables | 40 | €274 | €2,571 | +€2,297 | +838.2% |
| Other amounts receivable | 41 | €21 | - | -€21 | |
| Cash at bank and in hand | 54/58 | €689 | €5,174 | +€4,484 | +650.6% |
| Total equity and liabilities | 10/49 | €19,442 | €48,572 | +€29,130 | +149.8% |
| Equity | 10/15 | -€16,618 | -€12,026 | +€4,592 | +27.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,618 | -€15,026 | +€4,592 | +23.4% |
| Amounts payable | 17/49 | €36,060 | €60,598 | +€24,538 | +68.0% |
| Amounts payable after more than one year | 17 | - | €26,172 | +€26,172 | |
| Financial debts | 170/4 | - | €26,172 | +€26,172 | |
| Amounts payable within one year | 42/48 | €36,060 | €34,426 | -€1,634 | -4.5% |
| Trade debts | 44 | €1,777 | €6,658 | +€4,881 | +274.8% |
| Suppliers | 440/4 | €1,777 | €6,658 | +€4,881 | +274.8% |
| Taxes, remuneration and social security | 45 | - | €364 | +€364 | |
| Taxes | 450/3 | - | €364 | +€364 | |
| Other amounts payable | 47/48 | €34,283 | €27,405 | -€6,878 | -20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €961 | €961 | = | 0.0% |
| Other operating charges | 640/8 | €350 | €50 | -€300 | -85.7% |
| Gross operating margin | 9900 | -€6,730 | €5,944 | +€12,674 | |
| Operating profit (loss) | 9901 | -€8,041 | €4,933 | +€12,974 | |
| Financial income | 75/76B | €2 | €4 | +€2 | +100.0% |
| Recurring financial income | 75 | €2 | €4 | +€2 | +100.0% |
| Financial charges | 65/66B | €68 | €346 | +€277 | +405.8% |
| Recurring financial charges | 65 | €68 | €346 | +€277 | +405.8% |
| Profit (loss) for the period before taxes | 9903 | -€8,107 | €4,592 | +€12,699 | |
| Profit (loss) for the period | 9904 | -€8,107 | €4,592 | +€12,699 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,107 | €4,592 | +€12,699 |
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 4 October 2026 via checked.be.