JERBEES: 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.
JERBEES
Largest movements
- Receivables within one year +€14,010
up €14,010 (+11.9%), from €117,829 to €131,839
of which Other amounts receivable: +€37,789
- Tangible fixed assets -€4,145
down €4,145 (-3.3%), from €125,717 to €121,572
of which Land and buildings: -€10,831
- Cash +€3,595
up €3,595 (+146%), from €2,463 to €6,058
mainly Other debts (+€20,524) and Depreciation (+€16,463)
- Other debts +€20,524
up €20,524 (+76.5%), from €26,833 to €47,357
- Debts after one year -€19,522
down €19,522 (-41.3%), from €47,302 to €27,780
- Trade debts -€18,742
down €18,742 (-80.9%), from €23,155 to €4,412
- Reserves +€13,483
up €13,483 (+12.8%), from €105,699 to €119,182
of which Distributable reserves: +€13,483
- Tax, wage and social debts +€9,560
up €9,560 (+34.4%), from €27,818 to €37,378
of which Taxes: +€9,884
- Taxes +€3,254
up €3,254 (+46.7%), from €6,975 to €10,230
- Staff costs +€2,912
up €2,912 (+27.6%), from €10,537 to €13,449
- Gross operating margin +€2,653
up €2,653 (+5.3%), from €50,245 to €52,898
- Depreciation +€2,240
up €2,240 (+15.8%), from €14,223 to €16,463
- Financial income +€1,593
up €1,593 (+38.6%), from €4,123 to €5,717
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 | €250,664 | €266,054 | +€15,390 | +6.1% |
| Fixed assets | 21/28 | €125,717 | €121,572 | -€4,145 | -3.3% |
| Tangible fixed assets | 22/27 | €125,717 | €121,572 | -€4,145 | -3.3% |
| Land and buildings | 22 | €103,617 | €92,786 | -€10,831 | -10.5% |
| Plant, machinery and equipment | 23 | €2,325 | €1,883 | -€442 | -19.0% |
| Furniture and vehicles | 24 | €19,776 | €26,904 | +€7,128 | +36.0% |
| Current assets | 29/58 | €124,946 | €144,481 | +€19,535 | +15.6% |
| Amounts receivable within one year | 40/41 | €117,829 | €131,839 | +€14,010 | +11.9% |
| Trade receivables | 40 | €32,927 | €9,148 | -€23,779 | -72.2% |
| Other amounts receivable | 41 | €84,902 | €122,691 | +€37,789 | +44.5% |
| Cash at bank and in hand | 54/58 | €2,463 | €6,058 | +€3,595 | +146% |
| Deferred charges and accrued income | 490/1 | €4,655 | €6,584 | +€1,930 | +41.5% |
| Total equity and liabilities | 10/49 | €250,664 | €266,054 | +€15,390 | +6.1% |
| Equity | 10/15 | €113,149 | €126,632 | +€13,483 | +11.9% |
| Contributions | 10/11 | €7,450 | €7,450 | = | 0.0% |
| Reserves | 13 | €105,699 | €119,182 | +€13,483 | +12.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €103,839 | €117,322 | +€13,483 | +13.0% |
| Amounts payable | 17/49 | €137,514 | €139,421 | +€1,907 | +1.4% |
| Amounts payable after more than one year | 17 | €47,302 | €27,780 | -€19,522 | -41.3% |
| Financial debts | 170/4 | €47,302 | €27,780 | -€19,522 | -41.3% |
| Amounts payable within one year | 42/48 | €88,834 | €110,296 | +€21,462 | +24.2% |
| Current portion of amounts payable after more than one year | 42 | €11,029 | €15,502 | +€4,473 | +40.6% |
| Financial debts | 43 | - | €5,648 | +€5,648 | |
| Credit institutions | 430/8 | - | €5,648 | +€5,648 | |
| Trade debts | 44 | €23,155 | €4,412 | -€18,742 | -80.9% |
| Suppliers | 440/4 | €23,155 | €4,412 | -€18,742 | -80.9% |
| Taxes, remuneration and social security | 45 | €27,818 | €37,378 | +€9,560 | +34.4% |
| Taxes | 450/3 | €23,335 | €33,219 | +€9,884 | +42.4% |
| Remuneration and social security | 454/9 | €4,484 | €4,159 | -€324 | -7.2% |
| Other amounts payable | 47/48 | €26,833 | €47,357 | +€20,524 | +76.5% |
| Accrued charges and deferred income | 492/3 | €1,378 | €1,345 | -€33 | -2.4% |
| Non-recurring operating income | 76A | €3,719 | €0 | -€3,719 | -100% |
| Remuneration, social security and pensions | 62 | €10,537 | €13,449 | +€2,912 | +27.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,223 | €16,463 | +€2,240 | +15.8% |
| Other operating charges | 640/8 | €2,248 | €2,222 | -€26 | -1.1% |
| Gross operating margin | 9900 | €50,245 | €52,898 | +€2,653 | +5.3% |
| Operating profit (loss) | 9901 | €23,238 | €20,764 | -€2,474 | -10.6% |
| Financial income | 75/76B | €4,123 | €5,717 | +€1,593 | +38.6% |
| Recurring financial income | 75 | €4,123 | €5,717 | +€1,593 | +38.6% |
| Financial charges | 65/66B | €3,287 | €2,768 | -€519 | -15.8% |
| Recurring financial charges | 65 | €3,287 | €2,768 | -€519 | -15.8% |
| Profit (loss) for the period before taxes | 9903 | €24,074 | €23,713 | -€361 | -1.5% |
| Income taxes | 67/77 | €6,975 | €10,230 | +€3,254 | +46.7% |
| Profit (loss) for the period | 9904 | €17,099 | €13,483 | -€3,616 | -21.1% |
| Profit (loss) for the period to be appropriated | 9905 | €17,099 | €13,483 | -€3,616 | -21.1% |
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 22 October 2026 via checked.be.