JERAR: 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.
JERAR
Largest movements
- Cash -€11,793
down €11,793 (-71.0%), from €16,614 to €4,821
mainly Trade debts (-€10,101) and Other debts (-€5,058)
- Tangible fixed assets -€4,575
down €4,575 (-43.7%), from €10,473 to €5,898
of which Plant, machinery and equipment: -€4,289
- Receivables within one year +€4,396
up €4,396 (+95.0%), from €4,629 to €9,025
of which Other amounts receivable: +€4,098
- Trade debts -€10,101
down €10,101 (-30.5%), from €33,093 to €22,992
- Other debts -€5,058
down €5,058 (-24.1%), from €21,001 to €15,943
- Tax, wage and social debts +€4,326
up €4,326 (+19.0%), from €22,731 to €27,056
of which Taxes: +€3,544
- Accrued charges and deferred income -€3,332
no longer reported in 2025 (was €3,332)
- Profit (loss) carried forward +€2,440
up €2,440 (+3.6%), from -€67,439 to -€64,999
- Gross operating margin +€14,730
up €14,730 (+30.9%), from €47,691 to €62,421
- Other operating charges +€2,566
up €2,566 (+30.1%), from €8,521 to €11,087
- Staff costs +€1,147
up €1,147 (+2.9%), from €39,039 to €40,185
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 | €34,802 | €23,076 | -€11,726 | -33.7% |
| Fixed assets | 21/28 | €10,473 | €5,898 | -€4,575 | -43.7% |
| Tangible fixed assets | 22/27 | €10,473 | €5,898 | -€4,575 | -43.7% |
| Plant, machinery and equipment | 23 | €9,830 | €5,541 | -€4,289 | -43.6% |
| Furniture and vehicles | 24 | €643 | €357 | -€286 | -44.5% |
| Current assets | 29/58 | €24,329 | €17,178 | -€7,151 | -29.4% |
| Stocks and contracts in progress | 3 | €1,998 | €1,998 | = | 0.0% |
| Stocks | 30/36 | €1,998 | €1,998 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,629 | €9,025 | +€4,396 | +95.0% |
| Trade receivables | 40 | €4,629 | €4,927 | +€298 | +6.4% |
| Other amounts receivable | 41 | €0 | €4,098 | +€4,098 | +40,981,400% |
| Cash at bank and in hand | 54/58 | €16,614 | €4,821 | -€11,793 | -71.0% |
| Deferred charges and accrued income | 490/1 | €1,089 | €1,335 | +€246 | +22.6% |
| Total equity and liabilities | 10/49 | €34,802 | €23,076 | -€11,726 | -33.7% |
| Equity | 10/15 | -€48,839 | -€46,399 | +€2,440 | +5.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,439 | -€64,999 | +€2,440 | +3.6% |
| Amounts payable | 17/49 | €83,641 | €69,475 | -€14,166 | -16.9% |
| Amounts payable after more than one year | 17 | €3,484 | €3,484 | = | 0.0% |
| Financial debts | 170/4 | €3,484 | €3,484 | = | 0.0% |
| Amounts payable within one year | 42/48 | €76,824 | €65,991 | -€10,834 | -14.1% |
| Trade debts | 44 | €33,093 | €22,992 | -€10,101 | -30.5% |
| Suppliers | 440/4 | €33,093 | €22,992 | -€10,101 | -30.5% |
| Taxes, remuneration and social security | 45 | €22,731 | €27,056 | +€4,326 | +19.0% |
| Taxes | 450/3 | €15,016 | €18,560 | +€3,544 | +23.6% |
| Remuneration and social security | 454/9 | €7,715 | €8,496 | +€781 | +10.1% |
| Other amounts payable | 47/48 | €21,001 | €15,943 | -€5,058 | -24.1% |
| Accrued charges and deferred income | 492/3 | €3,332 | - | -€3,332 | |
| Non-recurring operating income | 76A | €8,205 | - | -€8,205 | |
| Remuneration, social security and pensions | 62 | €39,039 | €40,185 | +€1,147 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,504 | €4,575 | +€71 | +1.6% |
| Other operating charges | 640/8 | €8,521 | €11,087 | +€2,566 | +30.1% |
| Gross operating margin | 9900 | €47,691 | €62,421 | +€14,730 | +30.9% |
| Operating profit (loss) | 9901 | -€4,373 | €6,574 | +€10,946 | |
| Financial income | 75/76B | €67 | €1 | -€66 | -98.8% |
| Recurring financial income | 75 | €67 | €1 | -€66 | -98.8% |
| Financial charges | 65/66B | €4,118 | €4,135 | +€17 | +0.4% |
| Recurring financial charges | 65 | €4,118 | €4,135 | +€17 | +0.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,423 | €2,440 | +€10,863 | |
| Income taxes | 67/77 | €83 | -€0 | -€83 | |
| Profit (loss) for the period | 9904 | -€8,506 | €2,440 | +€10,946 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,506 | €2,440 | +€10,946 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.