Jeracon: 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.
Jeracon
Largest movements
- Tangible fixed assets +€115,547
up €115,547 (+2994.9%), from €3,858 to €119,405
of which Assets under construction and advance payments: +€110,179
- Receivables within one year +€14,055
up €14,055 (+81.0%), from €17,362 to €31,417
of which Trade receivables: +€11,001
- Debts after one year +€86,207
new in 2025: €86,207
- Profit (loss) carried forward +€22,354
up €22,354 (+107.8%), from €20,734 to €43,088
- Current portion of long-term debt +€9,238
new in 2025: €9,238
- Tax, wage and social debts +€9,097
up €9,097 (+89.8%), from €10,134 to €19,231
- Trade debts +€5,410
up €5,410 (+379.9%), from €1,424 to €6,834
- Gross operating margin +€12,856
up €12,856 (+47.2%), from €27,224 to €40,081
- Depreciation +€5,035
up €5,035 (+3794.5%), from €133 to €5,167
- Financial charges +€4,829
up €4,829 (+908.9%), from €531 to €5,360
- Other operating charges +€977
up €977 (+303.5%), from €322 to €1,299
- Taxes +€438
up €438 (+8.0%), from €5,504 to €5,943
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 | €36,770 | €166,168 | +€129,398 | +351.9% |
| Fixed assets | 21/28 | €3,858 | €119,405 | +€115,547 | +2994.9% |
| Tangible fixed assets | 22/27 | €3,858 | €119,405 | +€115,547 | +2994.9% |
| Plant, machinery and equipment | 23 | €1,886 | €7,655 | +€5,769 | +305.8% |
| Furniture and vehicles | 24 | €1,972 | €1,572 | -€400 | -20.3% |
| Assets under construction and advance payments | 27 | - | €110,179 | +€110,179 | |
| Current assets | 29/58 | €32,912 | €46,763 | +€13,850 | +42.1% |
| Amounts receivable within one year | 40/41 | €17,362 | €31,417 | +€14,055 | +81.0% |
| Trade receivables | 40 | €17,362 | €28,363 | +€11,001 | +63.4% |
| Other amounts receivable | 41 | - | €3,054 | +€3,054 | |
| Cash at bank and in hand | 54/58 | €14,787 | €14,596 | -€191 | -1.3% |
| Deferred charges and accrued income | 490/1 | €764 | €750 | -€13 | -1.8% |
| Total equity and liabilities | 10/49 | €36,770 | €166,168 | +€129,398 | +351.9% |
| Equity | 10/15 | €22,234 | €44,588 | +€22,354 | +100.5% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,734 | €43,088 | +€22,354 | +107.8% |
| Amounts payable | 17/49 | €14,536 | €121,580 | +€107,044 | +736.4% |
| Amounts payable after more than one year | 17 | - | €86,207 | +€86,207 | |
| Financial debts | 170/4 | - | €86,207 | +€86,207 | |
| Amounts payable within one year | 42/48 | €14,478 | €35,304 | +€20,826 | +143.9% |
| Current portion of amounts payable after more than one year | 42 | - | €9,238 | +€9,238 | |
| Trade debts | 44 | €1,424 | €6,834 | +€5,410 | +379.9% |
| Suppliers | 440/4 | €1,424 | €6,834 | +€5,410 | +379.9% |
| Taxes, remuneration and social security | 45 | €10,134 | €19,231 | +€9,097 | +89.8% |
| Taxes | 450/3 | €10,134 | €19,231 | +€9,097 | +89.8% |
| Other amounts payable | 47/48 | €2,920 | €0 | -€2,920 | -100.0% |
| Accrued charges and deferred income | 492/3 | €59 | €69 | +€10 | +17.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €133 | €5,167 | +€5,035 | +3794.5% |
| Other operating charges | 640/8 | €322 | €1,299 | +€977 | +303.5% |
| Gross operating margin | 9900 | €27,224 | €40,081 | +€12,856 | +47.2% |
| Operating profit (loss) | 9901 | €26,770 | €33,615 | +€6,845 | +25.6% |
| Financial income | 75/76B | €0 | €42 | +€42 | +420400.0% |
| Recurring financial income | 75 | €0 | €42 | +€42 | +420400.0% |
| Financial charges | 65/66B | €531 | €5,360 | +€4,829 | +908.9% |
| Recurring financial charges | 65 | €531 | €5,360 | +€4,829 | +908.9% |
| Profit (loss) for the period before taxes | 9903 | €26,238 | €28,296 | +€2,058 | +7.8% |
| Income taxes | 67/77 | €5,504 | €5,943 | +€438 | +8.0% |
| Profit (loss) for the period | 9904 | €20,734 | €22,354 | +€1,620 | +7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €20,734 | €22,354 | +€1,620 | +7.8% |
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.