JARROW: 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.
JARROW
Largest movements
- Cash +€7,718
up €7,718 (+419%), from €1,841 to €9,559
mainly Short-term financial debts (+€14,930) and Trade debts (+€298)
- Short-term financial debts +€14,930
new in 2025: €14,930
- Profit (loss) carried forward -€7,391
down €7,391 (-15.7%), from -€47,169 to -€54,560
- Gross operating margin -€1,586
down €1,586 (-34.3%), from -€4,622 to -€6,208
- Other operating charges +€970
new in 2025: €970
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 | €116,174 | €124,012 | +€7,837 | +6.7% |
| Fixed assets | 21/28 | €113,979 | €113,979 | = | 0.0% |
| Financial fixed assets | 28 | €113,979 | €113,979 | = | 0.0% |
| Current assets | 29/58 | €2,195 | €10,033 | +€7,837 | +357% |
| Amounts receivable within one year | 40/41 | €355 | €474 | +€120 | +33.7% |
| Other amounts receivable | 41 | €355 | €474 | +€120 | +33.7% |
| Cash at bank and in hand | 54/58 | €1,841 | €9,559 | +€7,718 | +419% |
| Total equity and liabilities | 10/49 | €116,174 | €124,012 | +€7,837 | +6.7% |
| Equity | 10/15 | €115,767 | €108,375 | -€7,391 | -6.4% |
| Contributions | 10/11 | €162,935 | €162,935 | = | 0.0% |
| Capital | 10 | €162,935 | €162,935 | = | 0.0% |
| Issued capital | 100 | €162,935 | €162,935 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,169 | -€54,560 | -€7,391 | -15.7% |
| Amounts payable | 17/49 | €408 | €15,636 | +€15,229 | +3,735% |
| Amounts payable within one year | 42/48 | €408 | €15,636 | +€15,229 | +3,735% |
| Financial debts | 43 | - | €14,930 | +€14,930 | |
| Credit institutions | 430/8 | - | €14,930 | +€14,930 | |
| Trade debts | 44 | €408 | €706 | +€298 | +73.2% |
| Suppliers | 440/4 | €408 | €706 | +€298 | +73.2% |
| Other operating charges | 640/8 | - | €970 | +€970 | |
| Gross operating margin | 9900 | -€4,622 | -€6,208 | -€1,586 | -34.3% |
| Operating profit (loss) | 9901 | -€4,622 | -€7,178 | -€2,556 | -55.3% |
| Financial charges | 65/66B | €191 | €213 | +€22 | +11.7% |
| Recurring financial charges | 65 | €191 | €213 | +€22 | +11.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,813 | -€7,391 | -€2,579 | -53.6% |
| Profit (loss) for the period | 9904 | -€4,813 | -€7,391 | -€2,579 | -53.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,813 | -€7,391 | -€2,579 | -53.6% |
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 16 October 2026 via checked.be.