Jeraco: 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.
Jeraco
Largest movements
- Tangible fixed assets +€9,998
up €9,998 (+5.0%), from €198,027 to €208,026
of which Land and buildings: +€10,398
- Cash -€3,234
down €3,234 (-47.5%), from €6,810 to €3,576
mainly Debts after one year (-€13,252) and Investment in fixed assets (net) (-€11,007)
- Receivables within one year -€3,004
down €3,004 (-88.1%), from €3,409 to €405
of which Trade receivables: -€3,161
- Other debts +€26,445
up €26,445 (+54.6%), from €48,429 to €74,874
- Debts after one year -€13,252
down €13,252 (-14.0%), from €94,444 to €81,192
- Current portion of long-term debt -€6,249
down €6,249 (-32.0%), from €19,501 to €13,252
- Depreciation -€4,454
down €4,454 (-81.5%), from €5,463 to €1,009
- Financial charges -€4,373
down €4,373 (-56.3%), from €7,770 to €3,396
- Gross operating margin +€3,511
up €3,511 (+927%), from €379 to €3,890
- Financial income +€1,755
new in 2025: €1,755
- Taxes -€341
down €341 (-82.4%), from €414 to €73
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 | €214,446 | €218,899 | +€4,452 | +2.1% |
| Fixed assets | 21/28 | €204,227 | €214,226 | +€9,998 | +4.9% |
| Tangible fixed assets | 22/27 | €198,027 | €208,026 | +€9,998 | +5.0% |
| Land and buildings | 22 | €197,016 | €207,414 | +€10,398 | +5.3% |
| Furniture and vehicles | 24 | €1,012 | €612 | -€400 | -39.5% |
| Financial fixed assets | 28 | €6,200 | €6,200 | = | 0.0% |
| Current assets | 29/58 | €10,219 | €4,673 | -€5,546 | -54.3% |
| Amounts receivable within one year | 40/41 | €3,409 | €405 | -€3,004 | -88.1% |
| Trade receivables | 40 | €3,161 | - | -€3,161 | |
| Other amounts receivable | 41 | €248 | €405 | +€157 | +63.5% |
| Cash at bank and in hand | 54/58 | €6,810 | €3,576 | -€3,234 | -47.5% |
| Deferred charges and accrued income | 490/1 | - | €692 | +€692 | |
| Total equity and liabilities | 10/49 | €214,446 | €218,899 | +€4,452 | +2.1% |
| Equity | 10/15 | €49,619 | €49,181 | -€438 | -0.9% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Revaluation surpluses | 12 | €6,907 | €6,907 | = | 0.0% |
| Reserves | 13 | €113,443 | €113,443 | = | 0.0% |
| Distributable reserves | 133 | €113,443 | €113,443 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€70,731 | -€71,169 | -€438 | -0.6% |
| Amounts payable | 17/49 | €164,828 | €169,718 | +€4,890 | +3.0% |
| Amounts payable after more than one year | 17 | €94,444 | €81,192 | -€13,252 | -14.0% |
| Financial debts | 170/4 | €94,444 | €81,192 | -€13,252 | -14.0% |
| Amounts payable within one year | 42/48 | €70,384 | €88,526 | +€18,142 | +25.8% |
| Current portion of amounts payable after more than one year | 42 | €19,501 | €13,252 | -€6,249 | -32.0% |
| Trade debts | 44 | €2,453 | €400 | -€2,053 | -83.7% |
| Suppliers | 440/4 | €2,453 | €400 | -€2,053 | -83.7% |
| Taxes, remuneration and social security | 45 | €0 | - | -€0 | |
| Taxes | 450/3 | €0 | - | -€0 | |
| Other amounts payable | 47/48 | €48,429 | €74,874 | +€26,445 | +54.6% |
| Non-recurring operating income | 76A | - | €11,007 | +€11,007 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,463 | €1,009 | -€4,454 | -81.5% |
| Other operating charges | 640/8 | €1,684 | €1,605 | -€79 | -4.7% |
| Gross operating margin | 9900 | €379 | €3,890 | +€3,511 | +927% |
| Operating profit (loss) | 9901 | -€6,768 | €1,276 | +€8,044 | |
| Financial income | 75/76B | - | €1,755 | +€1,755 | |
| Recurring financial income | 75 | - | €1,755 | +€1,755 | |
| Financial charges | 65/66B | €7,770 | €3,396 | -€4,373 | -56.3% |
| Recurring financial charges | 65 | €7,770 | €3,396 | -€4,373 | -56.3% |
| Profit (loss) for the period before taxes | 9903 | -€14,537 | -€365 | +€14,172 | +97.5% |
| Income taxes | 67/77 | €414 | €73 | -€341 | -82.4% |
| Profit (loss) for the period | 9904 | -€14,951 | -€438 | +€14,513 | +97.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,951 | -€438 | +€14,513 | +97.1% |
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 14 October 2026 via checked.be.