JEKER & GEER: 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.
JEKER & GEER
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Debts after one year -€31,417
down €31,417 (-3.5%), from €903,524 to €872,107
- Profit (loss) carried forward +€30,880
up €30,880 (+8.5%), from -€363,344 to -€332,465
- Other debts +€20,637
new in 2025: €20,637
- Tax, wage and social debts -€20,466
down €20,466 (-87.5%), from €23,376 to €2,910
of which Remuneration and social security: -€19,971
- Current portion of long-term debt +€15,874
up €15,874 (+224%), from €7,074 to €22,948
- Gross operating margin -€11,531
down €11,531 (-10.7%), from €107,848 to €96,317
- Depreciation -€1,889
down €1,889 (-3.8%), from €50,271 to €48,382
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 | €1,192,681 | €1,186,716 | -€5,964 | -0.5% |
| Fixed assets | 21/28 | €1,128,923 | €1,130,085 | +€1,163 | +0.1% |
| Tangible fixed assets | 22/27 | €1,128,893 | €1,130,055 | +€1,163 | +0.1% |
| Land and buildings | 22 | €1,054,593 | €1,041,564 | -€13,029 | -1.2% |
| Plant, machinery and equipment | 23 | €63,751 | €52,319 | -€11,432 | -17.9% |
| Furniture and vehicles | 24 | €10,549 | €36,172 | +€25,624 | +243% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €63,758 | €56,631 | -€7,127 | -11.2% |
| Amounts receivable within one year | 40/41 | €12,664 | €12,028 | -€636 | -5.0% |
| Trade receivables | 40 | €6,059 | €5,251 | -€809 | -13.3% |
| Other amounts receivable | 41 | €6,605 | €6,778 | +€173 | +2.6% |
| Cash at bank and in hand | 54/58 | €51,094 | €44,603 | -€6,491 | -12.7% |
| Total equity and liabilities | 10/49 | €1,192,681 | €1,186,716 | -€5,964 | -0.5% |
| Equity | 10/15 | €236,656 | €267,535 | +€30,880 | +13.0% |
| Contributions | 10/11 | €600,000 | €600,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€363,344 | -€332,465 | +€30,880 | +8.5% |
| Amounts payable | 17/49 | €956,025 | €919,181 | -€36,844 | -3.9% |
| Amounts payable after more than one year | 17 | €903,524 | €872,107 | -€31,417 | -3.5% |
| Financial debts | 170/4 | €903,524 | €872,107 | -€31,417 | -3.5% |
| Amounts payable within one year | 42/48 | €52,501 | €47,074 | -€5,427 | -10.3% |
| Current portion of amounts payable after more than one year | 42 | €7,074 | €22,948 | +€15,874 | +224% |
| Trade debts | 44 | €9,777 | €578 | -€9,199 | -94.1% |
| Suppliers | 440/4 | €9,777 | €578 | -€9,199 | -94.1% |
| Advances received on contracts in progress | 46 | €12,274 | - | -€12,274 | |
| Taxes, remuneration and social security | 45 | €23,376 | €2,910 | -€20,466 | -87.5% |
| Taxes | 450/3 | €2,826 | €2,332 | -€494 | -17.5% |
| Remuneration and social security | 454/9 | €20,550 | €579 | -€19,971 | -97.2% |
| Other amounts payable | 47/48 | - | €20,637 | +€20,637 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,271 | €48,382 | -€1,889 | -3.8% |
| Other operating charges | 640/8 | €8,325 | €9,095 | +€770 | +9.2% |
| Gross operating margin | 9900 | €107,848 | €96,317 | -€11,531 | -10.7% |
| Operating profit (loss) | 9901 | €49,252 | €38,840 | -€10,411 | -21.1% |
| Financial income | 75/76B | €100 | €15 | -€85 | -84.8% |
| Recurring financial income | 75 | €100 | €15 | -€85 | -84.8% |
| Financial charges | 65/66B | €8,475 | €7,932 | -€543 | -6.4% |
| Recurring financial charges | 65 | €8,475 | €7,932 | -€543 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €40,877 | €30,923 | -€9,953 | -24.3% |
| Income taxes | 67/77 | -€0 | €44 | +€44 | |
| Profit (loss) for the period | 9904 | €40,877 | €30,880 | -€9,997 | -24.5% |
| Profit (loss) for the period to be appropriated | 9905 | €40,877 | €30,880 | -€9,997 | -24.5% |
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 31 October 2026 via checked.be.