Jelma: 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.
Jelma
Largest movements
- Tangible fixed assets +€32,936
up €32,936 (+308.2%), from €10,687 to €43,623
of which Plant, machinery and equipment: +€34,293
- Cash -€28,676
down €28,676 (-90.6%), from €31,656 to €2,980
mainly Contributions, distributions and other (-€152,815) and Investment in fixed assets (net) (-€38,158)
- Current investments -€28,200
no longer reported in 2025 (was €28,200)
- Receivables within one year -€24,797
down €24,797 (-56.3%), from €44,018 to €19,220
of which Other amounts receivable: -€27,952
- Deferred charges and accrued income -€1,428
down €1,428 (-39.1%), from €3,652 to €2,224
- Profit (loss) carried forward -€95,648
down €95,648 (-91.3%), from €104,815 to €9,167
- Other debts +€42,467
new in 2025: €42,467
- Trade debts +€3,307
up €3,307 (+168.2%), from €1,966 to €5,272
- Taxes -€3,484
down €3,484 (-18.3%), from €19,059 to €15,575
- Depreciation +€2,764
up €2,764 (+112.4%), from €2,458 to €5,222
- Gross operating margin +€1,004
up €1,004 (+1.3%), from €78,696 to €79,700
- Financial income +€893
up €893 (+168.9%), from €529 to €1,422
- Financial charges +€827
up €827 (+52.1%), from €1,588 to €2,415
of which Non-recurring financial charges: +€1,417
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 | €118,212 | €68,047 | -€50,165 | -42.4% |
| Fixed assets | 21/28 | €10,687 | €43,623 | +€32,936 | +308.2% |
| Tangible fixed assets | 22/27 | €10,687 | €43,623 | +€32,936 | +308.2% |
| Plant, machinery and equipment | 23 | €2,387 | €36,681 | +€34,293 | +1436.6% |
| Furniture and vehicles | 24 | €5,349 | €3,915 | -€1,434 | -26.8% |
| Other tangible fixed assets | 26 | €2,950 | €3,027 | +€77 | +2.6% |
| Current assets | 29/58 | €107,525 | €24,424 | -€83,101 | -77.3% |
| Amounts receivable within one year | 40/41 | €44,018 | €19,220 | -€24,797 | -56.3% |
| Trade receivables | 40 | €13,079 | €16,233 | +€3,154 | +24.1% |
| Other amounts receivable | 41 | €30,939 | €2,987 | -€27,952 | -90.3% |
| Current investments | 50/53 | €28,200 | - | -€28,200 | |
| Cash at bank and in hand | 54/58 | €31,656 | €2,980 | -€28,676 | -90.6% |
| Deferred charges and accrued income | 490/1 | €3,652 | €2,224 | -€1,428 | -39.1% |
| Total equity and liabilities | 10/49 | €118,212 | €68,047 | -€50,165 | -42.4% |
| Equity | 10/15 | €107,815 | €12,167 | -€95,648 | -88.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €104,815 | €9,167 | -€95,648 | -91.3% |
| Amounts payable | 17/49 | €10,397 | €55,880 | +€45,482 | +437.4% |
| Amounts payable within one year | 42/48 | €10,397 | €55,880 | +€45,482 | +437.4% |
| Financial debts | 43 | €994 | €183 | -€811 | -81.5% |
| Credit institutions | 430/8 | €994 | €183 | -€811 | -81.5% |
| Trade debts | 44 | €1,966 | €5,272 | +€3,307 | +168.2% |
| Suppliers | 440/4 | €1,966 | €5,272 | +€3,307 | +168.2% |
| Taxes, remuneration and social security | 45 | €7,438 | €7,957 | +€520 | +7.0% |
| Taxes | 450/3 | €6,523 | €7,032 | +€509 | +7.8% |
| Remuneration and social security | 454/9 | €914 | €925 | +€11 | +1.2% |
| Other amounts payable | 47/48 | - | €42,467 | +€42,467 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,458 | €5,222 | +€2,764 | +112.4% |
| Other operating charges | 640/8 | €190 | €743 | +€554 | +291.7% |
| Gross operating margin | 9900 | €78,696 | €79,700 | +€1,004 | +1.3% |
| Operating profit (loss) | 9901 | €76,048 | €73,734 | -€2,314 | -3.0% |
| Financial income | 75/76B | €529 | €1,422 | +€893 | +168.9% |
| Recurring financial income | 75 | €529 | €1,422 | +€893 | +168.9% |
| Financial charges | 65/66B | €1,588 | €2,415 | +€827 | +52.1% |
| Recurring financial charges | 65 | €1,588 | €998 | -€590 | -37.2% |
| Non-recurring financial charges | 66B | - | €1,417 | +€1,417 | |
| Profit (loss) for the period before taxes | 9903 | €74,989 | €72,742 | -€2,247 | -3.0% |
| Income taxes | 67/77 | €19,059 | €15,575 | -€3,484 | -18.3% |
| Profit (loss) for the period | 9904 | €55,930 | €57,167 | +€1,237 | +2.2% |
| Profit (loss) for the period to be appropriated | 9905 | €55,930 | €57,167 | +€1,237 | +2.2% |
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 12 October 2026 via checked.be.