Jerivan: 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.
Jerivan
Largest movements
- Tangible fixed assets -€12,865
down €12,865 (-5.5%), from €233,792 to €220,927
of which Land and buildings: -€7,500
- Profit (loss) carried forward -€9,365
down €9,365 (-11.2%), from -€83,843 to -€93,208
- Reserves -€3,368
down €3,368 (-3.4%), from €100,066 to €96,698
of which Tax-exempt reserves: -€3,368
- Depreciation -€3,858
down €3,858 (-23.1%), from €16,723 to €12,865
- Gross operating margin +€689
up €689 (+19.9%), from €3,471 to €4,160
- Other operating charges +€369
up €369 (+8.7%), from €4,237 to €4,606
- Financial charges +€48
up €48 (+20.2%), from €237 to €285
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €235,642 | €221,005 | -€14,638 | -6.2% |
| Fixed assets | 21/28 | €233,792 | €220,927 | -€12,865 | -5.5% |
| Tangible fixed assets | 22/27 | €233,792 | €220,927 | -€12,865 | -5.5% |
| Land and buildings | 22 | €218,685 | €211,185 | -€7,500 | -3.4% |
| Other tangible fixed assets | 26 | €15,107 | €9,742 | -€5,365 | -35.5% |
| Current assets | 29/58 | €1,850 | €77 | -€1,773 | -95.8% |
| Cash at bank and in hand | 54/58 | €1,850 | €77 | -€1,773 | -95.8% |
| Total equity and liabilities | 10/49 | €235,642 | €221,005 | -€14,638 | -6.2% |
| Equity | 10/15 | €24,823 | €12,089 | -€12,733 | -51.3% |
| Contributions | 10/11 | €8,600 | €8,600 | = | 0.0% |
| Outside capital | 11 | €8,600 | €8,600 | = | 0.0% |
| Share premium | 1100/10 | €8,600 | €8,600 | = | 0.0% |
| Reserves | 13 | €100,066 | €96,698 | -€3,368 | -3.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €98,206 | €94,838 | -€3,368 | -3.4% |
| Profit (loss) carried forward | 14 | -€83,843 | -€93,208 | -€9,365 | -11.2% |
| Provisions and deferred taxes | 16 | €25,168 | €24,305 | -€863 | -3.4% |
| Deferred taxes | 168 | €25,168 | €24,305 | -€863 | -3.4% |
| Amounts payable | 17/49 | €185,651 | €184,610 | -€1,041 | -0.6% |
| Amounts payable within one year | 42/48 | €185,651 | €184,610 | -€1,041 | -0.6% |
| Other amounts payable | 47/48 | €185,651 | €184,610 | -€1,041 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,723 | €12,865 | -€3,858 | -23.1% |
| Other operating charges | 640/8 | €4,237 | €4,606 | +€369 | +8.7% |
| Gross operating margin | 9900 | €3,471 | €4,160 | +€689 | +19.9% |
| Operating profit (loss) | 9901 | -€17,490 | -€13,312 | +€4,178 | +23.9% |
| Financial charges | 65/66B | €237 | €285 | +€48 | +20.2% |
| Recurring financial charges | 65 | €237 | €285 | +€48 | +20.2% |
| Profit (loss) for the period before taxes | 9903 | -€17,727 | -€13,596 | +€4,131 | +23.3% |
| Transfer from deferred taxes | 780 | €863 | €863 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€16,864 | -€12,733 | +€4,131 | +24.5% |
| Transfer from tax-exempt reserves | 789 | €3,368 | €3,368 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,496 | -€9,365 | +€4,131 | +30.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.