Jeral Projects: 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.
Jeral Projects
Largest movements
- Cash +€34,040
up €34,040 (+283.9%), from €11,991 to €46,031
mainly Net result for the year (+€32,560) and Debts after one year (+€18,937)
- Tangible fixed assets +€28,620
up €28,620 (+5447.1%), from €525 to €29,146
of which Furniture and vehicles: +€28,827
- Receivables within one year -€6,915
down €6,915 (-33.3%), from €20,761 to €13,846
of which Trade receivables: -€8,485
- Reserves +€32,560
up €32,560 (+252.6%), from €12,889 to €45,449
- Debts after one year +€18,937
new in 2025: €18,937
- Current portion of long-term debt +€7,628
new in 2025: €7,628
- Trade debts -€5,145
down €5,145 (-86.8%), from €5,927 to €782
- Tax, wage and social debts +€1,765
up €1,765 (+14.9%), from €11,830 to €13,595
of which Taxes: +€2,450
- Gross operating margin +€30,673
up €30,673 (+182.2%), from €16,833 to €47,506
- Taxes +€5,366
up €5,366 (+149.3%), from €3,593 to €8,959
- Depreciation +€4,071
up €4,071 (+4349.7%), from €94 to €4,165
- Financial charges +€1,329
new in 2025: €1,329
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 | €33,278 | €89,023 | +€55,745 | +167.5% |
| Fixed assets | 21/28 | €525 | €29,146 | +€28,620 | +5447.1% |
| Tangible fixed assets | 22/27 | €525 | €29,146 | +€28,620 | +5447.1% |
| Plant, machinery and equipment | 23 | €525 | €319 | -€206 | -39.3% |
| Furniture and vehicles | 24 | - | €28,827 | +€28,827 | |
| Current assets | 29/58 | €32,752 | €59,877 | +€27,125 | +82.8% |
| Amounts receivable within one year | 40/41 | €20,761 | €13,846 | -€6,915 | -33.3% |
| Trade receivables | 40 | €20,761 | €12,276 | -€8,485 | -40.9% |
| Other amounts receivable | 41 | - | €1,570 | +€1,570 | |
| Cash at bank and in hand | 54/58 | €11,991 | €46,031 | +€34,040 | +283.9% |
| Total equity and liabilities | 10/49 | €33,278 | €89,023 | +€55,745 | +167.5% |
| Equity | 10/15 | €14,889 | €47,449 | +€32,560 | +218.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €12,889 | €45,449 | +€32,560 | +252.6% |
| Distributable reserves | 133 | €12,889 | €45,449 | +€32,560 | +252.6% |
| Amounts payable | 17/49 | €18,389 | €41,574 | +€23,185 | +126.1% |
| Amounts payable after more than one year | 17 | - | €18,937 | +€18,937 | |
| Financial debts | 170/4 | - | €18,937 | +€18,937 | |
| Amounts payable within one year | 42/48 | €17,757 | €22,005 | +€4,248 | +23.9% |
| Current portion of amounts payable after more than one year | 42 | - | €7,628 | +€7,628 | |
| Trade debts | 44 | €5,927 | €782 | -€5,145 | -86.8% |
| Suppliers | 440/4 | €5,927 | €782 | -€5,145 | -86.8% |
| Taxes, remuneration and social security | 45 | €11,830 | €13,595 | +€1,765 | +14.9% |
| Taxes | 450/3 | €8,485 | €10,935 | +€2,450 | +28.9% |
| Remuneration and social security | 454/9 | €3,345 | €2,660 | -€685 | -20.5% |
| Accrued charges and deferred income | 492/3 | €632 | €632 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94 | €4,165 | +€4,071 | +4349.7% |
| Other operating charges | 640/8 | €258 | €494 | +€236 | +91.6% |
| Gross operating margin | 9900 | €16,833 | €47,506 | +€30,673 | +182.2% |
| Operating profit (loss) | 9901 | €16,482 | €42,848 | +€26,366 | +160.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | - | €1,329 | +€1,329 | |
| Recurring financial charges | 65 | - | €1,329 | +€1,329 | |
| Profit (loss) for the period before taxes | 9903 | €16,482 | €41,519 | +€25,037 | +151.9% |
| Income taxes | 67/77 | €3,593 | €8,959 | +€5,366 | +149.3% |
| Profit (loss) for the period | 9904 | €12,889 | €32,560 | +€19,671 | +152.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,889 | €32,560 | +€19,671 | +152.6% |
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 11 October 2026 via checked.be.