JALIJEVAN: 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.
JALIJEVAN
Largest movements
- Tangible fixed assets +€400,986
up €400,986 (+76.2%), from €526,097 to €927,083
of which Land and buildings: +€384,033
- Current investments -€80,000
down €80,000 (-30.8%), from €260,000 to €180,000
- Cash +€35,998
up €35,998 (+80.3%), from €44,811 to €80,809
mainly Debts after one year (+€291,164) and Current investments (+€80,000)
- Debts after one year +€291,164
new in 2025: €291,164
- Reserves +€48,185
up €48,185 (+18.3%), from €263,348 to €311,533
of which Distributable reserves: +€48,185
- Current portion of long-term debt +€13,836
new in 2025: €13,836
- Gross operating margin -€287,589
down €287,589 (-69.1%), from €416,084 to €128,495
- Taxes -€72,369
down €72,369 (-81.6%), from €88,714 to €16,345
- Depreciation -€23,046
down €23,046 (-30.8%), from €74,741 to €51,696
- Financial income -€15,850
down €15,850 (-80.2%), from €19,754 to €3,904
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 | €844,380 | €1,201,906 | +€357,526 | +42.3% |
| Formation expenses | 20 | €424 | €0 | -€424 | -100.0% |
| Fixed assets | 21/28 | €526,097 | €927,083 | +€400,986 | +76.2% |
| Tangible fixed assets | 22/27 | €526,097 | €927,083 | +€400,986 | +76.2% |
| Land and buildings | 22 | €526,097 | €910,130 | +€384,033 | +73.0% |
| Furniture and vehicles | 24 | - | €16,953 | +€16,953 | |
| Current assets | 29/58 | €317,859 | €274,822 | -€43,036 | -13.5% |
| Amounts receivable within one year | 40/41 | €12,566 | €13,428 | +€862 | +6.9% |
| Trade receivables | 40 | €537 | €537 | = | 0.0% |
| Other amounts receivable | 41 | €12,029 | €12,891 | +€862 | +7.2% |
| Current investments | 50/53 | €260,000 | €180,000 | -€80,000 | -30.8% |
| Cash at bank and in hand | 54/58 | €44,811 | €80,809 | +€35,998 | +80.3% |
| Deferred charges and accrued income | 490/1 | €481 | €585 | +€103 | +21.5% |
| Total equity and liabilities | 10/49 | €844,380 | €1,201,906 | +€357,526 | +42.3% |
| Equity | 10/15 | €841,358 | €889,543 | +€48,185 | +5.7% |
| Contributions | 10/11 | €43,574 | €43,574 | = | 0.0% |
| Reserves | 13 | €263,348 | €311,533 | +€48,185 | +18.3% |
| Non-distributable reserves | 130/1 | €4,357 | €4,357 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,357 | €4,357 | = | 0.0% |
| Distributable reserves | 133 | €258,990 | €307,175 | +€48,185 | +18.6% |
| Profit (loss) carried forward | 14 | €534,436 | €534,436 | = | 0.0% |
| Amounts payable | 17/49 | €3,022 | €312,363 | +€309,341 | +10236.4% |
| Amounts payable after more than one year | 17 | - | €291,164 | +€291,164 | |
| Financial debts | 170/4 | - | €291,164 | +€291,164 | |
| Amounts payable within one year | 42/48 | €3,022 | €21,198 | +€18,176 | +601.5% |
| Current portion of amounts payable after more than one year | 42 | - | €13,836 | +€13,836 | |
| Trade debts | 44 | - | €313 | +€313 | |
| Suppliers | 440/4 | - | €313 | +€313 | |
| Taxes, remuneration and social security | 45 | - | €5,891 | +€5,891 | |
| Taxes | 450/3 | - | €5,891 | +€5,891 | |
| Other amounts payable | 47/48 | €3,022 | €1,158 | -€1,864 | -61.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €74,741 | €51,696 | -€23,046 | -30.8% |
| Other operating charges | 640/8 | €13,393 | €15,128 | +€1,735 | +13.0% |
| Gross operating margin | 9900 | €416,084 | €128,495 | -€287,589 | -69.1% |
| Operating profit (loss) | 9901 | €327,950 | €61,671 | -€266,279 | -81.2% |
| Financial income | 75/76B | €19,754 | €3,904 | -€15,850 | -80.2% |
| Recurring financial income | 75 | €19,754 | €3,904 | -€15,850 | -80.2% |
| Financial charges | 65/66B | - | €1,045 | +€1,045 | |
| Recurring financial charges | 65 | - | €1,045 | +€1,045 | |
| Profit (loss) for the period before taxes | 9903 | €347,704 | €64,530 | -€283,174 | -81.4% |
| Income taxes | 67/77 | €88,714 | €16,345 | -€72,369 | -81.6% |
| Profit (loss) for the period | 9904 | €258,990 | €48,185 | -€210,805 | -81.4% |
| Profit (loss) for the period to be appropriated | 9905 | €258,990 | €48,185 | -€210,805 | -81.4% |
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 5 October 2026 via checked.be.