JERAN: 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.
JERAN
Largest movements
- Receivables within one year +€40,884
up €40,884 (+47.7%), from €85,703 to €126,587
of which Other amounts receivable: +€29,645
- Tangible fixed assets +€26,584
up €26,584 (+4.4%), from €602,925 to €629,508
of which Leasing and similar rights: +€46,160
- Profit (loss) carried forward +€56,247
up €56,247 (+54.5%), from -€103,268 to -€47,021
- Financial charges -€91,758
down €91,758 (-94.6%), from €96,992 to €5,234
- Gross operating margin +€33,068
up €33,068 (+58.0%), from €57,043 to €90,110
- Financial income +€20,512
up €20,512 (+200%), from €10,269 to €30,781
- Taxes +€15,138
up €15,138 (+360%), from €4,210 to €19,348
- Depreciation +€11,256
up €11,256 (+44.0%), from €25,587 to €36,843
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 | €1,132,449 | €1,218,471 | +€86,022 | +7.6% |
| Fixed assets | 21/28 | €604,171 | €630,235 | +€26,064 | +4.3% |
| Intangible fixed assets | 21 | €1,247 | €727 | -€520 | -41.7% |
| Tangible fixed assets | 22/27 | €602,925 | €629,508 | +€26,584 | +4.4% |
| Land and buildings | 22 | €409,027 | €393,515 | -€15,512 | -3.8% |
| Plant, machinery and equipment | 23 | €2,080 | €1,705 | -€375 | -18.1% |
| Furniture and vehicles | 24 | €6,498 | €2,809 | -€3,688 | -56.8% |
| Leasing and similar rights | 25 | - | €46,160 | +€46,160 | |
| Other tangible fixed assets | 26 | €185,320 | €185,320 | = | 0.0% |
| Current assets | 29/58 | €528,278 | €588,236 | +€59,958 | +11.3% |
| Amounts receivable within one year | 40/41 | €85,703 | €126,587 | +€40,884 | +47.7% |
| Trade receivables | 40 | €27,830 | €39,069 | +€11,239 | +40.4% |
| Other amounts receivable | 41 | €57,873 | €87,518 | +€29,645 | +51.2% |
| Current investments | 50/53 | €438,243 | €448,250 | +€10,007 | +2.3% |
| Cash at bank and in hand | 54/58 | €3,960 | €7,648 | +€3,688 | +93.1% |
| Deferred charges and accrued income | 490/1 | €371 | €5,750 | +€5,379 | +1,448% |
| Total equity and liabilities | 10/49 | €1,132,449 | €1,218,471 | +€86,022 | +7.6% |
| Equity | 10/15 | €1,075,245 | €1,131,492 | +€56,247 | +5.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €1,078,513 | €1,078,513 | = | 0.0% |
| Non-distributable reserves | 130/1 | €30,889 | €30,889 | = | 0.0% |
| Legal reserve | 130 | €30,889 | €30,889 | = | 0.0% |
| Distributable reserves | 133 | €1,047,623 | €1,047,623 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€103,268 | -€47,021 | +€56,247 | +54.5% |
| Amounts payable | 17/49 | €57,204 | €86,979 | +€29,775 | +52.0% |
| Amounts payable after more than one year | 17 | €29,999 | €37,855 | +€7,856 | +26.2% |
| Financial debts | 170/4 | €29,999 | €37,855 | +€7,856 | +26.2% |
| Amounts payable within one year | 42/48 | €27,205 | €49,124 | +€21,919 | +80.6% |
| Current portion of amounts payable after more than one year | 42 | €20,000 | €31,622 | +€11,622 | +58.1% |
| Trade debts | 44 | €137 | €520 | +€383 | +281% |
| Suppliers | 440/4 | €137 | €520 | +€383 | +281% |
| Taxes, remuneration and social security | 45 | €7,068 | €16,982 | +€9,914 | +140% |
| Taxes | 450/3 | €7,068 | €16,982 | +€9,914 | +140% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,587 | €36,843 | +€11,256 | +44.0% |
| Other operating charges | 640/8 | €3,931 | €3,219 | -€712 | -18.1% |
| Gross operating margin | 9900 | €57,043 | €90,110 | +€33,068 | +58.0% |
| Operating profit (loss) | 9901 | €27,524 | €50,048 | +€22,524 | +81.8% |
| Financial income | 75/76B | €10,269 | €30,781 | +€20,512 | +200% |
| Recurring financial income | 75 | €10,269 | €30,781 | +€20,512 | +200% |
| Financial charges | 65/66B | €96,992 | €5,234 | -€91,758 | -94.6% |
| Recurring financial charges | 65 | €96,992 | €5,234 | -€91,758 | -94.6% |
| Profit (loss) for the period before taxes | 9903 | -€59,198 | €75,596 | +€134,794 | |
| Income taxes | 67/77 | €4,210 | €19,348 | +€15,138 | +360% |
| Profit (loss) for the period | 9904 | -€63,408 | €56,247 | +€119,655 | |
| Profit (loss) for the period to be appropriated | 9905 | -€63,408 | €56,247 | +€119,655 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.