Jaharawa: 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.
Jaharawa
Largest movements
- Cash -€508,469
down €508,469 (-94.5%), from €538,140 to €29,671
mainly Investment in fixed assets (net) (-€238,535) and Receivables within one year (-€202,360)
- Financial fixed assets +€385,000
new in 2025: €385,000
- Receivables within one year +€202,360
up €202,360 (+103%), from €195,696 to €398,055
of which Other amounts receivable: +€207,187
- Tangible fixed assets -€166,452
down €166,452 (-23.5%), from €709,427 to €542,975
of which Land and buildings: -€165,576
- Debts after one year -€202,074
down €202,074 (-32.2%), from €626,975 to €424,901
- Reserves +€119,751
up €119,751 (+18.4%), from €651,842 to €771,593
- Tax, wage and social debts +€16,822
up €16,822 (+24.4%), from €69,018 to €85,840
of which Taxes: +€17,385
- Gross operating margin -€668,981
down €668,981 (-74.2%), from €901,688 to €232,706
- Taxes -€207,997
down €207,997 (-75.5%), from €275,347 to €67,350
- Depreciation -€10,480
down €10,480 (-34.4%), from €30,467 to €19,987
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.
Derived cash bridge
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 | €1,443,263 | €1,355,702 | -€87,561 | -6.1% |
| Fixed assets | 21/28 | €709,427 | €927,975 | +€218,548 | +30.8% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €709,427 | €542,975 | -€166,452 | -23.5% |
| Land and buildings | 22 | €708,551 | €542,975 | -€165,576 | -23.4% |
| Plant, machinery and equipment | 23 | €756 | €0 | -€756 | -100% |
| Furniture and vehicles | 24 | €121 | €0 | -€121 | -100% |
| Financial fixed assets | 28 | - | €385,000 | +€385,000 | |
| Current assets | 29/58 | €733,836 | €427,727 | -€306,109 | -41.7% |
| Amounts receivable within one year | 40/41 | €195,696 | €398,055 | +€202,360 | +103% |
| Trade receivables | 40 | €4,827 | €0 | -€4,827 | -100% |
| Other amounts receivable | 41 | €190,869 | €398,055 | +€207,187 | +109% |
| Cash at bank and in hand | 54/58 | €538,140 | €29,671 | -€508,469 | -94.5% |
| Total equity and liabilities | 10/49 | €1,443,263 | €1,355,702 | -€87,561 | -6.1% |
| Equity | 10/15 | €674,695 | €794,445 | +€119,751 | +17.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €651,842 | €771,593 | +€119,751 | +18.4% |
| Distributable reserves | 133 | €651,842 | €771,593 | +€119,751 | +18.4% |
| Profit (loss) carried forward | 14 | €16,653 | €16,653 | = | 0.0% |
| Amounts payable | 17/49 | €768,568 | €561,256 | -€207,312 | -27.0% |
| Amounts payable after more than one year | 17 | €626,975 | €424,901 | -€202,074 | -32.2% |
| Financial debts | 170/4 | €626,975 | €424,901 | -€202,074 | -32.2% |
| Amounts payable within one year | 42/48 | €141,593 | €136,355 | -€5,238 | -3.7% |
| Current portion of amounts payable after more than one year | 42 | €43,752 | €30,037 | -€13,715 | -31.3% |
| Trade debts | 44 | €1,323 | €2,043 | +€720 | +54.4% |
| Suppliers | 440/4 | €1,323 | €2,043 | +€720 | +54.4% |
| Taxes, remuneration and social security | 45 | €69,018 | €85,840 | +€16,822 | +24.4% |
| Taxes | 450/3 | €68,455 | €85,840 | +€17,385 | +25.4% |
| Remuneration and social security | 454/9 | €563 | €0 | -€563 | -100% |
| Other amounts payable | 47/48 | €27,500 | €18,435 | -€9,065 | -33.0% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €845,427 | €209,608 | -€635,819 | -75.2% |
| Remuneration, social security and pensions | 62 | -€1,086 | -€623 | +€462 | +42.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,467 | €19,987 | -€10,480 | -34.4% |
| Other operating charges | 640/8 | €7,943 | €8,240 | +€297 | +3.7% |
| Non-recurring operating charges | 66A | €384 | €73 | -€311 | -80.9% |
| Gross operating margin | 9900 | €901,688 | €232,706 | -€668,981 | -74.2% |
| Operating profit (loss) | 9901 | €863,979 | €205,029 | -€658,950 | -76.3% |
| Financial income | 75/76B | €15,400 | €17,587 | +€2,187 | +14.2% |
| Recurring financial income | 75 | €15,400 | €17,587 | +€2,187 | +14.2% |
| Financial charges | 65/66B | €15,861 | €17,080 | +€1,219 | +7.7% |
| Recurring financial charges | 65 | €15,861 | €17,080 | +€1,219 | +7.7% |
| Profit (loss) for the period before taxes | 9903 | €863,518 | €205,537 | -€657,982 | -76.2% |
| Income taxes | 67/77 | €275,347 | €67,350 | -€207,997 | -75.5% |
| Profit (loss) for the period | 9904 | €588,172 | €138,186 | -€449,985 | -76.5% |
| Profit (loss) for the period to be appropriated | 9905 | €588,172 | €138,186 | -€449,985 | -76.5% |
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 24 October 2026 via checked.be.