NJN SOLUTIONS: 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.
NJN SOLUTIONS
Largest movements
- Tangible fixed assets +€43,328
up €43,328 (+77.0%), from €56,285 to €99,612
of which Leasing and similar rights: +€55,596
- Cash -€8,360
down €8,360 (-35.0%), from €23,905 to €15,546
mainly Investment in fixed assets (net) (-€61,983) and Contributions, distributions and other (-€23,000)
- Receivables within one year +€5,076
up €5,076 (+8.9%), from €56,720 to €61,795
of which Trade receivables: +€34,088
- Debts after one year +€22,128
up €22,128 (+112.6%), from €19,657 to €41,786
- Other debts +€16,000
new in 2025: €16,000
- Trade debts -€8,475
down €8,475 (-16.2%), from €52,432 to €43,956
- Current portion of long-term debt +€5,409
up €5,409 (+151.8%), from €3,564 to €8,972
- Profit (loss) carried forward +€4,353
up €4,353 (+9.4%), from €46,290 to €50,643
- Purchases and services +€161,822
up €161,822 (+47.0%), from €344,258 to €506,080
- Gross operating margin +€22,185
up €22,185 (+54.7%), from €40,568 to €62,752
- Taxes +€5,756
up €5,756 (+126.3%), from €4,559 to €10,315
- Depreciation +€2,373
up €2,373 (+14.6%), from €16,282 to €18,655
- Other operating charges -€1,820
down €1,820 (-32.9%), from €5,524 to €3,704
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 | €144,367 | €183,534 | +€39,167 | +27.1% |
| Fixed assets | 21/28 | €56,285 | €99,612 | +€43,328 | +77.0% |
| Tangible fixed assets | 22/27 | €56,285 | €99,612 | +€43,328 | +77.0% |
| Plant, machinery and equipment | 23 | €7,380 | €2,460 | -€4,920 | -66.7% |
| Furniture and vehicles | 24 | €29,752 | €22,404 | -€7,348 | -24.7% |
| Leasing and similar rights | 25 | €19,153 | €74,748 | +€55,596 | +290.3% |
| Current assets | 29/58 | €88,082 | €83,922 | -€4,161 | -4.7% |
| Stocks and contracts in progress | 3 | €6,581 | €6,581 | = | 0.0% |
| Stocks | 30/36 | €6,581 | €6,581 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €56,720 | €61,795 | +€5,076 | +8.9% |
| Trade receivables | 40 | €990 | €35,079 | +€34,088 | +3441.7% |
| Other amounts receivable | 41 | €55,729 | €26,717 | -€29,013 | -52.1% |
| Cash at bank and in hand | 54/58 | €23,905 | €15,546 | -€8,360 | -35.0% |
| Deferred charges and accrued income | 490/1 | €877 | - | -€877 | |
| Total equity and liabilities | 10/49 | €144,367 | €183,534 | +€39,167 | +27.1% |
| Equity | 10/15 | €51,790 | €56,143 | +€4,353 | +8.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €500 | €500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Legal reserve | 130 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,290 | €50,643 | +€4,353 | +9.4% |
| Amounts payable | 17/49 | €92,578 | €127,391 | +€34,814 | +37.6% |
| Amounts payable after more than one year | 17 | €19,657 | €41,786 | +€22,128 | +112.6% |
| Financial debts | 170/4 | €19,657 | €41,786 | +€22,128 | +112.6% |
| Amounts payable within one year | 42/48 | €72,920 | €85,605 | +€12,685 | +17.4% |
| Current portion of amounts payable after more than one year | 42 | €3,564 | €8,972 | +€5,409 | +151.8% |
| Trade debts | 44 | €52,432 | €43,956 | -€8,475 | -16.2% |
| Suppliers | 440/4 | €52,432 | €43,956 | -€8,475 | -16.2% |
| Taxes, remuneration and social security | 45 | €16,925 | €16,676 | -€248 | -1.5% |
| Taxes | 450/3 | €16,925 | €16,676 | -€248 | -1.5% |
| Other amounts payable | 47/48 | - | €16,000 | +€16,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €344,258 | €506,080 | +€161,822 | +47.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,282 | €18,655 | +€2,373 | +14.6% |
| Other operating charges | 640/8 | €5,524 | €3,704 | -€1,820 | -32.9% |
| Gross operating margin | 9900 | €40,568 | €62,752 | +€22,185 | +54.7% |
| Operating profit (loss) | 9901 | €18,762 | €40,393 | +€21,631 | +115.3% |
| Financial income | 75/76B | €1,061 | - | -€1,061 | |
| Recurring financial income | 75 | €1,061 | - | -€1,061 | |
| Financial charges | 65/66B | €1,588 | €2,725 | +€1,138 | +71.7% |
| Recurring financial charges | 65 | €1,588 | €2,725 | +€1,138 | +71.7% |
| Profit (loss) for the period before taxes | 9903 | €18,235 | €37,668 | +€19,432 | +106.6% |
| Income taxes | 67/77 | €4,559 | €10,315 | +€5,756 | +126.3% |
| Profit (loss) for the period | 9904 | €13,676 | €27,353 | +€13,677 | +100.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,676 | €27,353 | +€13,677 | +100.0% |
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 10 October 2026 via checked.be.