Jeraf: what changed
Two fiscal 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.
Jeraf
Largest movements
- Receivables within one year +€176,151
up €176,151 (+74.1%), from €237,755 to €413,907
of which Trade receivables: +€178,364
- Cash +€120,896
up €120,896 (+86.5%), from €139,797 to €260,693
mainly Net result for the year (+€214,725) and Trade debts (+€91,514)
- Reserves +€214,725
up €214,725 (+292.3%), from €73,454 to €288,179
- Trade debts +€91,514
up €91,514 (+23.1%), from €396,700 to €488,214
- Tax, wage and social debts -€9,542
down €9,542 (-96.5%), from €9,884 to €341
- Gross operating margin +€227,949
up €227,949 (+362.6%), from €62,862 to €290,811
- Taxes +€57,125
up €57,125 (+348.7%), from €16,383 to €73,508
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €485,209 | €781,735 | +€296,526 | +61.1% |
| Fixed assets | 21/28 | €3,273 | €5,778 | +€2,506 | +76.6% |
| Tangible fixed assets | 22/27 | €3,273 | €5,778 | +€2,506 | +76.6% |
| Plant, machinery and equipment | 23 | €3,273 | €5,778 | +€2,506 | +76.6% |
| Current assets | 29/58 | €481,936 | €775,957 | +€294,021 | +61.0% |
| Stocks and contracts in progress | 3 | €104,226 | €101,194 | -€3,032 | -2.9% |
| Stocks | 30/36 | €104,226 | €101,194 | -€3,032 | -2.9% |
| Amounts receivable within one year | 40/41 | €237,755 | €413,907 | +€176,151 | +74.1% |
| Trade receivables | 40 | €215,797 | €394,161 | +€178,364 | +82.7% |
| Other amounts receivable | 41 | €21,959 | €19,746 | -€2,213 | -10.1% |
| Cash at bank and in hand | 54/58 | €139,797 | €260,693 | +€120,896 | +86.5% |
| Deferred charges and accrued income | 490/1 | €157 | €162 | +€5 | +3.4% |
| Total equity and liabilities | 10/49 | €485,209 | €781,735 | +€296,526 | +61.1% |
| Equity | 10/15 | €78,454 | €293,179 | +€214,725 | +273.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €73,454 | €288,179 | +€214,725 | +292.3% |
| Distributable reserves | 133 | €73,454 | €288,179 | +€214,725 | +292.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €406,755 | €488,556 | +€81,801 | +20.1% |
| Amounts payable within one year | 42/48 | €406,755 | €488,556 | +€81,801 | +20.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €396,700 | €488,214 | +€91,514 | +23.1% |
| Suppliers | 440/4 | €396,700 | €488,214 | +€91,514 | +23.1% |
| Taxes, remuneration and social security | 45 | €9,884 | €341 | -€9,542 | -96.5% |
| Taxes | 450/3 | €9,884 | €341 | -€9,542 | -96.5% |
| Other amounts payable | 47/48 | €171 | €0 | -€171 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,171 | €1,999 | +€828 | +70.7% |
| Other operating charges | 640/8 | €568 | €505 | -€63 | -11.1% |
| Gross operating margin | 9900 | €62,862 | €290,811 | +€227,949 | +362.6% |
| Operating profit (loss) | 9901 | €61,122 | €288,306 | +€227,183 | +371.7% |
| Financial income | 75/76B | €0 | €12 | +€12 | |
| Recurring financial income | 75 | €0 | €12 | +€12 | |
| Financial charges | 65/66B | €104 | €84 | -€20 | -19.1% |
| Recurring financial charges | 65 | €104 | €84 | -€20 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €61,019 | €288,233 | +€227,215 | +372.4% |
| Income taxes | 67/77 | €16,383 | €73,508 | +€57,125 | +348.7% |
| Profit (loss) for the period | 9904 | €44,636 | €214,725 | +€170,089 | +381.1% |
| Profit (loss) for the period to be appropriated | 9905 | €44,636 | €214,725 | +€170,089 | +381.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.