JERIKO: what changed
Two fiscal 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.
JERIKO
Largest movements
- Current investments +€400,000
new in 2025: €400,000
- Stocks and contracts -€293,583
down €293,583 (-34.3%), from €855,768 to €562,186
- Cash -€139,211
down €139,211 (-35.8%), from €388,412 to €249,201
mainly Current investments (-€400,000) and Investment in fixed assets (net) (-€39,777)
- Tangible fixed assets +€39,114
new in 2025: €39,114
- Profit (loss) carried forward +€42,606
up €42,606 (+48.2%), from -€88,398 to -€45,791
- Other debts -€29,000
down €29,000 (-3.4%), from €841,257 to €812,258
- Gross operating margin +€100,967
up €100,967, from -€38,665 to €62,302
- Financial income -€3,338
down €3,338 (-41.2%), from €8,105 to €4,767
- Financial charges -€3,152
down €3,152 (-12.4%), from €25,326 to €22,174
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 | €1,249,723 | €1,258,192 | +€8,469 | +0.7% |
| Fixed assets | 21/28 | - | €39,114 | +€39,114 | |
| Tangible fixed assets | 22/27 | - | €39,114 | +€39,114 | |
| Furniture and vehicles | 24 | - | €39,114 | +€39,114 | |
| Current assets | 29/58 | €1,249,723 | €1,219,078 | -€30,645 | -2.5% |
| Stocks and contracts in progress | 3 | €855,768 | €562,186 | -€293,583 | -34.3% |
| Stocks | 30/36 | €855,768 | €562,186 | -€293,583 | -34.3% |
| Amounts receivable within one year | 40/41 | €1,118 | €1,161 | +€43 | +3.9% |
| Other amounts receivable | 41 | €1,118 | €1,161 | +€43 | +3.9% |
| Current investments | 50/53 | - | €400,000 | +€400,000 | |
| Cash at bank and in hand | 54/58 | €388,412 | €249,201 | -€139,211 | -35.8% |
| Deferred charges and accrued income | 490/1 | €4,425 | €6,531 | +€2,106 | +47.6% |
| Total equity and liabilities | 10/49 | €1,249,723 | €1,258,192 | +€8,469 | +0.7% |
| Equity | 10/15 | €377,352 | €419,959 | +€42,606 | +11.3% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €315,750 | €315,750 | = | 0.0% |
| Distributable reserves | 133 | €315,750 | €315,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€88,398 | -€45,791 | +€42,606 | +48.2% |
| Amounts payable | 17/49 | €872,370 | €838,233 | -€34,137 | -3.9% |
| Amounts payable within one year | 42/48 | €852,715 | €819,972 | -€32,744 | -3.8% |
| Trade debts | 44 | €3,898 | €1,099 | -€2,799 | -71.8% |
| Suppliers | 440/4 | €3,898 | €1,099 | -€2,799 | -71.8% |
| Taxes, remuneration and social security | 45 | €7,560 | €6,615 | -€945 | -12.5% |
| Taxes | 450/3 | €7,560 | €6,615 | -€945 | -12.5% |
| Other amounts payable | 47/48 | €841,257 | €812,258 | -€29,000 | -3.4% |
| Accrued charges and deferred income | 492/3 | €19,655 | €18,262 | -€1,393 | -7.1% |
| Non-recurring operating income | 76A | - | €8,677 | +€8,677 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77 | €663 | +€586 | +762.3% |
| Other operating charges | 640/8 | €1,487 | €1,357 | -€129 | -8.7% |
| Gross operating margin | 9900 | -€38,665 | €62,302 | +€100,967 | |
| Operating profit (loss) | 9901 | -€40,228 | €60,282 | +€100,510 | |
| Financial income | 75/76B | €8,105 | €4,767 | -€3,338 | -41.2% |
| Recurring financial income | 75 | €8,105 | €4,767 | -€3,338 | -41.2% |
| Financial charges | 65/66B | €25,326 | €22,174 | -€3,152 | -12.4% |
| Recurring financial charges | 65 | €25,326 | €22,174 | -€3,152 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | -€57,449 | €42,875 | +€100,324 | |
| Income taxes | 67/77 | €265 | €269 | +€4 | +1.4% |
| Profit (loss) for the period | 9904 | -€57,714 | €42,606 | +€100,321 | |
| Profit (loss) for the period to be appropriated | 9905 | -€57,714 | €42,606 | +€100,321 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.