Jerans: what changed
Jerans
Largest movements
- Current investments -€97,046
down €97,046 (-62.6%), from €155,109 to €58,063
- Cash -€19,935
down €19,935 (-54.3%), from €36,723 to €16,787
mainly Contributions, distributions and other (-€173,800) and Investment in fixed assets (net) (-€32,981)
- Deferred charges and accrued income +€4,583
up €4,583 (+60.7%), from €7,552 to €12,135
- Profit (loss) carried forward -€97,057
down €97,057 (-34.1%), from €284,926 to €187,870
- Debts after one year -€13,613
no longer reported in 2025 (was €13,613)
- Current portion of long-term debt -€11,026
down €11,026 (-44.7%), from €24,639 to €13,613
- Tax, wage and social debts +€6,398
up €6,398 (+56.5%), from €11,327 to €17,725
- Contributions +€6,200
up €6,200 (+50.0%), from €12,400 to €18,600
- Gross operating margin +€24,121
up €24,121 (+20.1%), from €120,051 to €144,172
- Taxes +€8,698
up €8,698 (+45.9%), from €18,930 to €27,628
- Depreciation +€4,551
up €4,551 (+15.5%), from €29,372 to €33,923
- Financial income +€3,518
up €3,518 (+1,900%), from €185 to €3,703
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €351,224 | €239,922 | -€111,303 | -31.7% |
| Fixed assets | 21/28 | €63,247 | €62,305 | -€942 | -1.5% |
| Tangible fixed assets | 22/27 | €63,247 | €62,305 | -€942 | -1.5% |
| Land and buildings | 22 | €26,284 | €22,781 | -€3,503 | -13.3% |
| Plant, machinery and equipment | 23 | - | €1,920 | +€1,920 | |
| Furniture and vehicles | 24 | €36,962 | €37,603 | +€641 | +1.7% |
| Current assets | 29/58 | €287,978 | €177,617 | -€110,360 | -38.3% |
| Amounts receivable within one year | 40/41 | €88,593 | €90,631 | +€2,038 | +2.3% |
| Trade receivables | 40 | €22,477 | €25,229 | +€2,752 | +12.2% |
| Other amounts receivable | 41 | €66,116 | €65,403 | -€714 | -1.1% |
| Current investments | 50/53 | €155,109 | €58,063 | -€97,046 | -62.6% |
| Cash at bank and in hand | 54/58 | €36,723 | €16,787 | -€19,935 | -54.3% |
| Deferred charges and accrued income | 490/1 | €7,552 | €12,135 | +€4,583 | +60.7% |
| Total equity and liabilities | 10/49 | €351,224 | €239,922 | -€111,303 | -31.7% |
| Equity | 10/15 | €299,186 | €208,330 | -€90,857 | -30.4% |
| Contributions | 10/11 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €284,926 | €187,870 | -€97,057 | -34.1% |
| Amounts payable | 17/49 | €52,038 | €31,592 | -€20,446 | -39.3% |
| Amounts payable after more than one year | 17 | €13,613 | - | -€13,613 | |
| Financial debts | 170/4 | €13,613 | - | -€13,613 | |
| Amounts payable within one year | 42/48 | €37,582 | €31,592 | -€5,990 | -15.9% |
| Current portion of amounts payable after more than one year | 42 | €24,639 | €13,613 | -€11,026 | -44.7% |
| Trade debts | 44 | €1,617 | €254 | -€1,363 | -84.3% |
| Suppliers | 440/4 | €1,617 | €254 | -€1,363 | -84.3% |
| Taxes, remuneration and social security | 45 | €11,327 | €17,725 | +€6,398 | +56.5% |
| Taxes | 450/3 | €11,327 | €17,725 | +€6,398 | +56.5% |
| Accrued charges and deferred income | 492/3 | €843 | - | -€843 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,372 | €33,923 | +€4,551 | +15.5% |
| Other operating charges | 640/8 | €174 | €1,231 | +€1,057 | +609% |
| Gross operating margin | 9900 | €120,051 | €144,172 | +€24,121 | +20.1% |
| Operating profit (loss) | 9901 | €90,505 | €109,018 | +€18,512 | +20.5% |
| Financial income | 75/76B | €185 | €3,703 | +€3,518 | +1,900% |
| Recurring financial income | 75 | €185 | €3,703 | +€3,518 | +1,900% |
| Financial charges | 65/66B | €1,792 | €2,149 | +€357 | +19.9% |
| Recurring financial charges | 65 | €1,792 | €2,149 | +€357 | +19.9% |
| Profit (loss) for the period before taxes | 9903 | €88,899 | €110,572 | +€21,673 | +24.4% |
| Income taxes | 67/77 | €18,930 | €27,628 | +€8,698 | +45.9% |
| Profit (loss) for the period | 9904 | €69,969 | €82,943 | +€12,975 | +18.5% |
| Profit (loss) for the period to be appropriated | 9905 | €69,969 | €82,943 | +€12,975 | +18.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.