Jarno: 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.
Jarno
Largest movements
- Cash +€64,325
up €64,325 (+88.0%), from €73,099 to €137,424
mainly Net result for the year (+€77,010) and Tax, wage and social debts (+€20,459)
- Receivables within one year +€18,425
up €18,425 (+41.1%), from €44,828 to €63,252
of which Other amounts receivable: +€16,818
- Tangible fixed assets +€13,870
up €13,870 (+39.1%), from €35,475 to €49,344
of which Furniture and vehicles: +€14,430
- Profit (loss) carried forward +€77,010
new in 2025: €77,010
- Tax, wage and social debts +€20,459
up €20,459 (+79.7%), from €25,675 to €46,135
- Gross operating margin +€9,592
up €9,592 (+9.3%), from €103,560 to €113,152
- Taxes +€1,961
up €1,961 (+10.9%), from €18,030 to €19,991
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 | €205,783 | €302,678 | +€96,895 | +47.1% |
| Fixed assets | 21/28 | €35,475 | €49,344 | +€13,870 | +39.1% |
| Tangible fixed assets | 22/27 | €35,475 | €49,344 | +€13,870 | +39.1% |
| Plant, machinery and equipment | 23 | €2,327 | €1,767 | -€560 | -24.1% |
| Furniture and vehicles | 24 | €33,147 | €47,577 | +€14,430 | +43.5% |
| Current assets | 29/58 | €170,308 | €253,334 | +€83,025 | +48.8% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 291 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €44,828 | €63,252 | +€18,425 | +41.1% |
| Trade receivables | 40 | €14,651 | €16,258 | +€1,607 | +11.0% |
| Other amounts receivable | 41 | €30,177 | €46,995 | +€16,818 | +55.7% |
| Cash at bank and in hand | 54/58 | €73,099 | €137,424 | +€64,325 | +88.0% |
| Deferred charges and accrued income | 490/1 | €2,382 | €2,658 | +€276 | +11.6% |
| Total equity and liabilities | 10/49 | €205,783 | €302,678 | +€96,895 | +47.1% |
| Equity | 10/15 | €178,121 | €255,131 | +€77,010 | +43.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €176,121 | €176,121 | = | 0.0% |
| Distributable reserves | 133 | €176,121 | €176,121 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €77,010 | +€77,010 | |
| Amounts payable | 17/49 | €27,662 | €47,547 | +€19,885 | +71.9% |
| Amounts payable within one year | 42/48 | €27,662 | €47,547 | +€19,885 | +71.9% |
| Financial debts | 43 | €42 | €198 | +€156 | +370.6% |
| Credit institutions | 430/8 | €42 | €198 | +€156 | +370.6% |
| Trade debts | 44 | €1,086 | €1,214 | +€129 | +11.9% |
| Suppliers | 440/4 | €1,086 | €1,214 | +€129 | +11.9% |
| Taxes, remuneration and social security | 45 | €25,675 | €46,135 | +€20,459 | +79.7% |
| Taxes | 450/3 | €25,675 | €46,135 | +€20,459 | +79.7% |
| Other amounts payable | 47/48 | €859 | - | -€859 | |
| Non-recurring operating income | 76A | - | €4,108 | +€4,108 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,469 | €16,107 | -€362 | -2.2% |
| Other operating charges | 640/8 | €467 | €706 | +€239 | +51.1% |
| Gross operating margin | 9900 | €103,560 | €113,152 | +€9,592 | +9.3% |
| Operating profit (loss) | 9901 | €86,624 | €96,339 | +€9,715 | +11.2% |
| Financial income | 75/76B | €720 | €720 | = | 0.0% |
| Recurring financial income | 75 | €720 | €720 | = | 0.0% |
| Financial charges | 65/66B | €57 | €58 | +€1 | +0.9% |
| Recurring financial charges | 65 | €57 | €58 | +€1 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | €87,287 | €97,001 | +€9,715 | +11.1% |
| Income taxes | 67/77 | €18,030 | €19,991 | +€1,961 | +10.9% |
| Profit (loss) for the period | 9904 | €69,256 | €77,010 | +€7,754 | +11.2% |
| Profit (loss) for the period to be appropriated | 9905 | €69,256 | €77,010 | +€7,754 | +11.2% |
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 4 October 2026 via checked.be.