JERRO
InactiveFinancials · financial year 2024, micro format
2024 annual accounts filed 22 days after the deadline Filed on 22 August 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00406328.
Annual accounts 2024 filed on 22-08-2025 PDF all 32 filings
Equity
-€623,420
2023 · €356,862
Total assets
€1.4m▼ 39.7%
2023 · €2.4m
Net result
-€980,283▼ 24,770%
2023 · -€3,942
Working capital
-€623,420▲ 18.9%
2023 · -€768,558
Multi-year overview
2018 to 2024, 7 financial yearsOperating result
-€2,144
▲ 43.2%
2024
20182024
Net result
-€980,283
▼ 24,770%
2024
20182024
Equity
-€623,420
2024
20182024
Total assets
€1.4m
▼ 39.7%
2024
20182024
Debt
€2.1m
▲ 1.5%
2024
20182024
Working capital
-€623,420
▲ 18.9%
2024
20182024
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result€0.2m-€0.002m▼ 98.4%€0.03m▲ 11×-€0.05m-€0.002m▲ 95.3%-€0.004m▼ 56.9%-€0.002m▲ 43.2%
Net result€0.1m-€0.002m▼ 98.3%€0.03m▲ 13×-€0.06m-€0.003m▲ 95.8%-€0.004m▼ 44.5%-€1.0m▼ 24,770%
Equity€0.4m-€0.4m▲ 0.6%€0.4m▲ 7.4%€0.4m▼ 15.1%€0.4m▼ 0.8%€0.4m▼ 1.1%-€0.6m
Total assets€2.2m-€2.5m▲ 13.5%€2.4m▼ 1.4%€2.3m▼ 7.6%€2.4m▲ 6.3%€2.4m▼ 0.2%€1.4m▼ 39.7%
Debt€1.8m-€2.1m▲ 16.4%€2.0m▼ 3.1%€1.9m▼ 6.0%€2.0m▲ 7.6%€2.0m=€2.1m▲ 1.5%
Working capital-€0.6m--€1.3m▼ 102%-€1.2m▲ 3.3%-€1.3m▼ 5.2%-€0.8m▲ 41.0%-€0.8m▼ 0.5%-€0.6m▲ 18.9%
The operating result for 2024 is a loss of €2,144, smaller than the loss of €3,774 in 2023.
Turnover and EBIT margin are not published. The micro format does not require them.
Key figures and ratios
Solvency
-43.2%▼
2023 · 14.9%
Current ratio
0.70▲
2023 · 0.62
ROA
-68.0%▼
2023 · -0.2%
Debt ≤ 1 year
€2.1m▲
2023 · €2.0m
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,718 | €13,274 | - | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | - | €868 | €1,307 | €968 | ▼ 26.0% |
| Gross operating margin9900 | €172,939 | €235,227 | €163,750 | -€51,034 | -€1,537 | -€2,467 | -€1,176 | ▲ 52.3% |
| Operating profit (loss)9901 | €157,831 | €2,449 | €27,603 | -€51,034 | -€2,405 | -€3,774 | -€2,144 | ▲ 43.2% |
| Recurring financial income75 | €42,000 | €24,000 | €13,200 | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €13,426 | €322 | €168 | €978,139 | ▲ 5,831× |
| Recurring financial charges65 | €421 | €7,521 | €418 | €13,426 | €322 | €168 | €978,139 | ▲ 5,831× |
| Profit (loss) for the period before taxes9903 | €199,409 | €18,929 | €40,385 | -€64,461 | -€2,727 | -€3,942 | -€980,283 | ▼ 24,770% |
| Income taxes67/77 | €64,808 | €16,600 | €10,996 | - | - | - | - | - |
| Profit (loss) for the period9904 | €134,602 | €2,329 | €29,389 | -€64,461 | -€2,727 | -€3,942 | -€980,283 | ▼ 24,770% |
| Profit (loss) for the period to be appropriated9905 | €134,602 | €2,329 | €29,389 | -€64,461 | -€2,727 | -€3,942 | -€980,283 | ▼ 24,770% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €2.2m | €2.5m | €2.4m | €2.3m | €2.4m | €2.4m | €1.4m | ▼ 39.7% |
| Fixed assets21/28 | €1.0m | €1.7m | €1.7m | €1.7m | €1.1m | €1.1m | - | - |
| Tangible fixed assets22/27 | €0.03m | €0.01m | - | - | - | - | - | - |
| Financial fixed assets28 | €1.0m | €1.7m | €1.7m | €1.7m | €1.1m | €1.1m | - | - |
| Current assets29/58 | €1.2m | €0.8m | €0.8m | €0.6m | €1.3m | €1.3m | €1.4m | ▲ 13.8% |
| Amounts receivable within one year40/41 | €1.0m | €0.6m | €0.6m | €0.5m | €0.09m | €0.09m | €0.005m | ▼ 94.9% |
| Trade receivables40 | - | - | - | €0.08m | €0.02m | €0.02m | - | - |
| Other amounts receivable41 | - | - | - | €0.4m | €0.07m | €0.07m | €0.005m | ▼ 93.3% |
| Cash at bank and in hand54/58 | €0.1m | €0.1m | €0.2m | €0.07m | €1.2m | €1.2m | €1.4m | ▲ 22.1% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €2.2m | €2.5m | €2.4m | €2.3m | €2.4m | €2.4m | €1.4m | ▼ 39.7% |
| Equity10/15 | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | -€0.6m | - |
| Contributions10/11 | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Capital10 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Issued capital100 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Reserves13 | €0.3m | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Non-distributable reserves130/1 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Legal reserve130 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Distributable reserves133 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Profit (loss) carried forward14 | - | - | - | - | - | - | -€1.0m | - |
| Amounts payable17/49 | €1.8m | €2.1m | €2.0m | €1.9m | €2.0m | €2.0m | €2.1m | ▲ 1.5% |
| Amounts payable within one year42/48 | €1.8m | €2.1m | €2.0m | €1.9m | €2.0m | €2.0m | €2.1m | ▲ 1.5% |
| Trade debts44 | €0.007m | €0.003m | - | - | - | - | - | - |
| Advances received on contracts in progress46 | - | - | - | - | - | - | €0.03m | - |
| Taxes, remuneration and social security45 | - | - | - | €0.01m | - | - | €0.002m | - |
| Taxes450/3 | - | - | - | €0.01m | - | - | €0.002m | - |
| Other amounts payable47/48 | - | - | - | €1.9m | €2.0m | €2.0m | €2.0m | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.1m | €0.002m | €0.03m | -€0.06m | -€0.003m | -€0.004m | -€1.0m | ▼ 24,770% |
| + Depreciation and write-downs630 | €0.01m | €0.01m | - | - | - | - | - | - |
| Operating cash flow (approximation) | €0.1m | €0.02m | €0.03m | -€0.06m | -€0.003m | -€0.004m | -€1.0m | ▼ 24,770% |
| Investment in fixed assets (approximation) | - | -€0.7m | €0.01m | €0 | €0.5m | €0 | - | - |
| Change in cash | - | €0.04m | €0.05m | -€0.1m | €1.1m | -€0.004m | €0.3m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 32 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 22-08-2025 | 2025-00406328 | |
| 31-12-2023 | micro format | 28-08-2024 | 2024-00396589 | |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00403529 | |
| 31-12-2021 | micro format | 29-09-2022 | 2022-20445388 | |
| 31-12-2020 | micro format | 21-07-2021 | 2021-40200229 | |
| 31-12-2019 | micro format | 16-09-2020 | 2020-54100196 | |
| 31-12-2018 | micro format | 27-08-2019 | 2019-55700338 | |
| 31-12-2017 | micro format | 05-06-2018 | 2018-16900548 | |
| 31-12-2016 | micro format | 05-06-2018 | 2018-16900541 | |
| 31-12-2015 | full format | 03-07-2017 | 2017-27700040 |