JELLYFISH: 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.
JELLYFISH
Largest movements
- Cash -€17,662
down €17,662 (-15.4%), from €114,366 to €96,703
mainly Net result for the year (-€14,108) and Trade debts (-€6,514)
- Receivables within one year -€3,845
down €3,845 (-21.1%), from €18,204 to €14,359
of which Trade receivables: -€4,077
- Profit (loss) carried forward -€14,108
down €14,108 (-29.2%), from €48,346 to €34,237
- Trade debts -€6,514
down €6,514 (-66.2%), from €9,836 to €3,322
- Debts after one year -€1,867
no longer reported in 2025 (was €1,867)
- Current portion of long-term debt -€1,836
down €1,836 (-49.6%), from €3,702 to €1,867
- Depreciation -€3,221
down €3,221 (-71.5%), from €4,505 to €1,284
- Other operating charges +€3,107
up €3,107 (+1374.5%), from €226 to €3,333
- Financial charges +€1,235
up €1,235 (+476.3%), from €259 to €1,495
- Financial income -€498
down €498 (-43.7%), from €1,140 to €641
- Gross operating margin +€199
up €199 (+2.3%), from -€8,688 to -€8,489
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 | €142,030 | €118,004 | -€24,027 | -16.9% |
| Fixed assets | 21/28 | €4,111 | €2,439 | -€1,673 | -40.7% |
| Tangible fixed assets | 22/27 | €2,831 | €2,439 | -€393 | -13.9% |
| Furniture and vehicles | 24 | €2,831 | €2,439 | -€393 | -13.9% |
| Financial fixed assets | 28 | €1,280 | - | -€1,280 | |
| Current assets | 29/58 | €137,919 | €115,565 | -€22,354 | -16.2% |
| Stocks and contracts in progress | 3 | €3,747 | €2,848 | -€899 | -24.0% |
| Stocks | 30/36 | €3,747 | €2,848 | -€899 | -24.0% |
| Amounts receivable within one year | 40/41 | €18,204 | €14,359 | -€3,845 | -21.1% |
| Trade receivables | 40 | €18,033 | €13,955 | -€4,077 | -22.6% |
| Other amounts receivable | 41 | €171 | €404 | +€232 | +135.8% |
| Cash at bank and in hand | 54/58 | €114,366 | €96,703 | -€17,662 | -15.4% |
| Deferred charges and accrued income | 490/1 | €1,603 | €1,655 | +€52 | +3.3% |
| Total equity and liabilities | 10/49 | €142,030 | €118,004 | -€24,027 | -16.9% |
| Equity | 10/15 | €56,406 | €42,297 | -€14,108 | -25.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,346 | €34,237 | -€14,108 | -29.2% |
| Amounts payable | 17/49 | €85,625 | €75,706 | -€9,918 | -11.6% |
| Amounts payable after more than one year | 17 | €1,867 | - | -€1,867 | |
| Financial debts | 170/4 | €1,867 | - | -€1,867 | |
| Amounts payable within one year | 42/48 | €83,758 | €75,706 | -€8,052 | -9.6% |
| Current portion of amounts payable after more than one year | 42 | €3,702 | €1,867 | -€1,836 | -49.6% |
| Trade debts | 44 | €9,836 | €3,322 | -€6,514 | -66.2% |
| Suppliers | 440/4 | €9,836 | €3,322 | -€6,514 | -66.2% |
| Taxes, remuneration and social security | 45 | €385 | - | -€385 | |
| Taxes | 450/3 | €385 | - | -€385 | |
| Other amounts payable | 47/48 | €69,835 | €70,518 | +€683 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,505 | €1,284 | -€3,221 | -71.5% |
| Other operating charges | 640/8 | €226 | €3,333 | +€3,107 | +1374.5% |
| Gross operating margin | 9900 | -€8,688 | -€8,489 | +€199 | +2.3% |
| Operating profit (loss) | 9901 | -€13,419 | -€13,107 | +€312 | +2.3% |
| Financial income | 75/76B | €1,140 | €641 | -€498 | -43.7% |
| Recurring financial income | 75 | €1,140 | €641 | -€498 | -43.7% |
| Financial charges | 65/66B | €259 | €1,495 | +€1,235 | +476.3% |
| Recurring financial charges | 65 | €259 | €1,495 | +€1,235 | +476.3% |
| Profit (loss) for the period before taxes | 9903 | -€12,538 | -€13,960 | -€1,422 | -11.3% |
| Income taxes | 67/77 | €140 | €148 | +€8 | +5.9% |
| Profit (loss) for the period | 9904 | -€12,678 | -€14,108 | -€1,430 | -11.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,678 | -€14,108 | -€1,430 | -11.3% |
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 10 October 2026 via checked.be.