JELKRI: 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.
JELKRI
Largest movements
- Tangible fixed assets -€17,105
down €17,105 (-8.6%), from €198,170 to €181,065
of which Land and buildings: -€14,426
- Cash -€13,495
down €13,495 (-49.6%), from €27,221 to €13,727
mainly Debts after one year (-€17,638) and Net result for the year (-€11,354)
- Debts after one year -€17,638
down €17,638 (-13.6%), from €129,475 to €111,837
- Reserves -€11,354
down €11,354 (-23.4%), from €48,580 to €37,226
- Gross operating margin -€19,265
down €19,265 (-56.5%), from €34,080 to €14,815
- Taxes -€1,225
down €1,225 (-65.9%), from €1,859 to €634
- Financial charges +€539
up €539 (+8.9%), from €6,060 to €6,599
- Depreciation -€520
down €520 (-3.0%), from €17,626 to €17,105
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 | €228,320 | €196,693 | -€31,627 | -13.9% |
| Fixed assets | 21/28 | €198,170 | €181,065 | -€17,105 | -8.6% |
| Tangible fixed assets | 22/27 | €198,170 | €181,065 | -€17,105 | -8.6% |
| Land and buildings | 22 | €187,535 | €173,110 | -€14,426 | -7.7% |
| Plant, machinery and equipment | 23 | €10,635 | €7,955 | -€2,680 | -25.2% |
| Current assets | 29/58 | €30,149 | €15,628 | -€14,522 | -48.2% |
| Amounts receivable within one year | 40/41 | €1,242 | €1,901 | +€659 | +53.1% |
| Trade receivables | 40 | €309 | €0 | -€309 | -100% |
| Other amounts receivable | 41 | €932 | €1,901 | +€969 | +104% |
| Cash at bank and in hand | 54/58 | €27,221 | €13,727 | -€13,495 | -49.6% |
| Deferred charges and accrued income | 490/1 | €1,687 | €0 | -€1,687 | -100% |
| Total equity and liabilities | 10/49 | €228,320 | €196,693 | -€31,627 | -13.9% |
| Equity | 10/15 | €54,780 | €43,426 | -€11,354 | -20.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €48,580 | €37,226 | -€11,354 | -23.4% |
| Distributable reserves | 133 | €48,580 | €37,226 | -€11,354 | -23.4% |
| Amounts payable | 17/49 | €173,540 | €153,267 | -€20,273 | -11.7% |
| Amounts payable after more than one year | 17 | €129,475 | €111,837 | -€17,638 | -13.6% |
| Financial debts | 170/4 | €129,475 | €111,837 | -€17,638 | -13.6% |
| Amounts payable within one year | 42/48 | €44,065 | €41,430 | -€2,635 | -6.0% |
| Current portion of amounts payable after more than one year | 42 | €21,700 | €22,638 | +€938 | +4.3% |
| Trade debts | 44 | €3,533 | €1,393 | -€2,140 | -60.6% |
| Suppliers | 440/4 | €3,533 | €1,393 | -€2,140 | -60.6% |
| Taxes, remuneration and social security | 45 | €3,485 | €2,384 | -€1,101 | -31.6% |
| Taxes | 450/3 | €3,485 | €2,384 | -€1,101 | -31.6% |
| Other amounts payable | 47/48 | €15,347 | €15,015 | -€332 | -2.2% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,626 | €17,105 | -€520 | -3.0% |
| Other operating charges | 640/8 | €1,712 | €1,835 | +€123 | +7.2% |
| Gross operating margin | 9900 | €34,080 | €14,815 | -€19,265 | -56.5% |
| Operating profit (loss) | 9901 | €14,742 | -€4,126 | -€18,868 | |
| Financial income | 75/76B | €64 | €5 | -€60 | -92.6% |
| Recurring financial income | 75 | €64 | €5 | -€60 | -92.6% |
| Financial charges | 65/66B | €6,060 | €6,599 | +€539 | +8.9% |
| Recurring financial charges | 65 | €6,060 | €6,599 | +€539 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | €8,747 | -€10,720 | -€19,467 | |
| Income taxes | 67/77 | €1,859 | €634 | -€1,225 | -65.9% |
| Profit (loss) for the period | 9904 | €6,888 | -€11,354 | -€18,242 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,888 | -€11,354 | -€18,242 |
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.