JARNE: 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.
JARNE
Largest movements
- Tangible fixed assets +€238,223
up €238,223 (+9.5%), from €2.5m to €2.8m
of which Land and buildings: +€270,725
- Receivables within one year +€75,388
up €75,388 (+35.4%), from €213,124 to €288,512
- Cash +€56,680
up €56,680 (+31.4%), from €180,404 to €237,084
mainly Debts after one year (+€271,402) and Depreciation (+€216,611)
- Debts after one year +€271,402
up €271,402 (+105.1%), from €258,343 to €529,744
- Other debts +€150,000
up €150,000 (+975.1%), from €15,383 to €165,383
- Profit (loss) carried forward -€89,183
down €89,183 (-18.6%), from -€478,381 to -€567,563
- Gross operating margin -€24,242
down €24,242 (-12.2%), from €198,054 to €173,812
- Depreciation +€9,744
up €9,744 (+4.7%), from €206,867 to €216,611
- Financial income +€4,350
up €4,350 (+218.1%), from €1,995 to €6,345
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 | €2,917,958 | €3,284,043 | +€366,085 | +12.5% |
| Fixed assets | 21/28 | €2,514,775 | €2,752,998 | +€238,223 | +9.5% |
| Tangible fixed assets | 22/27 | €2,514,775 | €2,752,998 | +€238,223 | +9.5% |
| Land and buildings | 22 | €2,454,232 | €2,724,957 | +€270,725 | +11.0% |
| Other tangible fixed assets | 26 | €60,543 | €28,041 | -€32,502 | -53.7% |
| Current assets | 29/58 | €403,183 | €531,045 | +€127,862 | +31.7% |
| Amounts receivable within one year | 40/41 | €213,124 | €288,512 | +€75,388 | +35.4% |
| Other amounts receivable | 41 | €213,124 | €288,512 | +€75,388 | +35.4% |
| Cash at bank and in hand | 54/58 | €180,404 | €237,084 | +€56,680 | +31.4% |
| Deferred charges and accrued income | 490/1 | €9,656 | €5,450 | -€4,206 | -43.6% |
| Total equity and liabilities | 10/49 | €2,917,958 | €3,284,043 | +€366,085 | +12.5% |
| Equity | 10/15 | €2,593,847 | €2,504,664 | -€89,183 | -3.4% |
| Contributions | 10/11 | €2,440,000 | €2,440,000 | = | 0.0% |
| Reserves | 13 | €632,228 | €632,228 | = | 0.0% |
| Distributable reserves | 133 | €632,228 | €632,228 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€478,381 | -€567,563 | -€89,183 | -18.6% |
| Amounts payable | 17/49 | €324,111 | €779,379 | +€455,268 | +140.5% |
| Amounts payable after more than one year | 17 | €258,343 | €529,744 | +€271,402 | +105.1% |
| Financial debts | 170/4 | €258,343 | €529,744 | +€271,402 | +105.1% |
| Amounts payable within one year | 42/48 | €64,199 | €248,049 | +€183,851 | +286.4% |
| Current portion of amounts payable after more than one year | 42 | €47,304 | €78,598 | +€31,295 | +66.2% |
| Trade debts | 44 | €1,513 | €4,069 | +€2,556 | +169.0% |
| Suppliers | 440/4 | €1,513 | €4,069 | +€2,556 | +169.0% |
| Other amounts payable | 47/48 | €15,383 | €165,383 | +€150,000 | +975.1% |
| Accrued charges and deferred income | 492/3 | €1,570 | €1,585 | +€15 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €206,867 | €216,611 | +€9,744 | +4.7% |
| Other operating charges | 640/8 | €37,831 | €39,017 | +€1,185 | +3.1% |
| Gross operating margin | 9900 | €198,054 | €173,812 | -€24,242 | -12.2% |
| Operating profit (loss) | 9901 | -€46,645 | -€81,815 | -€35,171 | -75.4% |
| Financial income | 75/76B | €1,995 | €6,345 | +€4,350 | +218.1% |
| Recurring financial income | 75 | €1,995 | €6,345 | +€4,350 | +218.1% |
| Financial charges | 65/66B | €14,085 | €13,713 | -€372 | -2.6% |
| Recurring financial charges | 65 | €14,085 | €13,713 | -€372 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | -€58,734 | -€89,183 | -€30,448 | -51.8% |
| Profit (loss) for the period | 9904 | -€58,734 | -€89,183 | -€30,448 | -51.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€58,734 | -€89,183 | -€30,448 | -51.8% |
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.