Jaroka: 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.
Jaroka
Largest movements
- Stocks and contracts -€39,570
down €39,570 (-57.5%), from €68,839 to €29,269
- Cash -€20,697
down €20,697 (-88.9%), from €23,281 to €2,584
mainly Other debts (-€49,009) and Trade debts (-€11,779)
- Receivables within one year -€10,974
down €10,974 (-8.2%), from €134,222 to €123,248
of which Other amounts receivable: -€7,708
- Other debts -€49,009
down €49,009 (-7.2%), from €679,546 to €630,537
- Trade debts -€11,779
down €11,779 (-96.0%), from €12,275 to €496
- Current portion of long-term debt -€8,333
no longer reported in 2025 (was €8,333)
- Gross operating margin -€34,221
down €34,221, from €32,941 to -€1,280
- Depreciation -€728
down €728 (-18.5%), from €3,942 to €3,214
- Financial charges -€455
down €455 (-27.2%), from €1,672 to €1,217
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 | €699,248 | €623,697 | -€75,551 | -10.8% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €467,975 | €464,761 | -€3,214 | -0.7% |
| Tangible fixed assets | 22/27 | €467,975 | €464,761 | -€3,214 | -0.7% |
| Plant, machinery and equipment | 23 | €12,277 | €9,575 | -€2,702 | -22.0% |
| Furniture and vehicles | 24 | €341 | €230 | -€111 | -32.4% |
| Other tangible fixed assets | 26 | €577 | €175 | -€402 | -69.7% |
| Assets under construction and advance payments | 27 | €454,780 | €454,780 | +€0 | 0.0% |
| Current assets | 29/58 | €231,273 | €158,936 | -€72,337 | -31.3% |
| Stocks and contracts in progress | 3 | €68,839 | €29,269 | -€39,570 | -57.5% |
| Stocks | 30/36 | €68,839 | €29,269 | -€39,570 | -57.5% |
| Amounts receivable within one year | 40/41 | €134,222 | €123,248 | -€10,974 | -8.2% |
| Trade receivables | 40 | €3,266 | - | -€3,266 | |
| Other amounts receivable | 41 | €130,956 | €123,248 | -€7,708 | -5.9% |
| Cash at bank and in hand | 54/58 | €23,281 | €2,584 | -€20,697 | -88.9% |
| Deferred charges and accrued income | 490/1 | €4,931 | €3,835 | -€1,096 | -22.2% |
| Total equity and liabilities | 10/49 | €699,248 | €623,697 | -€75,551 | -10.8% |
| Equity | 10/15 | -€202,485 | -€208,745 | -€6,260 | -3.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €64,131 | €64,131 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €62,271 | €64,131 | +€1,860 | +3.0% |
| Profit (loss) carried forward | 14 | -€285,216 | -€291,476 | -€6,260 | -2.2% |
| Amounts payable | 17/49 | €901,733 | €832,441 | -€69,292 | -7.7% |
| Amounts payable within one year | 42/48 | €700,325 | €631,033 | -€69,292 | -9.9% |
| Current portion of amounts payable after more than one year | 42 | €8,333 | - | -€8,333 | |
| Trade debts | 44 | €12,275 | €496 | -€11,779 | -96.0% |
| Suppliers | 440/4 | €12,275 | €496 | -€11,779 | -96.0% |
| Taxes, remuneration and social security | 45 | €171 | - | -€171 | |
| Taxes | 450/3 | €171 | - | -€171 | |
| Other amounts payable | 47/48 | €679,546 | €630,537 | -€49,009 | -7.2% |
| Accrued charges and deferred income | 492/3 | €201,408 | €201,408 | -€0 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,942 | €3,214 | -€728 | -18.5% |
| Other operating charges | 640/8 | €535 | €549 | +€14 | +2.7% |
| Gross operating margin | 9900 | €32,941 | -€1,280 | -€34,221 | |
| Operating profit (loss) | 9901 | €28,464 | -€5,044 | -€33,508 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,672 | €1,217 | -€455 | -27.2% |
| Recurring financial charges | 65 | €1,672 | €1,217 | -€455 | -27.2% |
| Profit (loss) for the period before taxes | 9903 | €26,792 | -€6,260 | -€33,052 | |
| Profit (loss) for the period | 9904 | €26,792 | -€6,260 | -€33,052 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,792 | -€6,260 | -€33,052 |
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 23 October 2026 via checked.be.