JERKAT: 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.
JERKAT
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Debts after one year -€30,609
down €30,609 (-43.7%), from €70,113 to €39,504
- Reserves +€17,917
up €17,917 (+8.2%), from €217,627 to €235,544
of which Distributable reserves: +€17,917
- Other debts +€12,464
up €12,464 (+8.4%), from €147,857 to €160,322
- Gross operating margin -€22,404
down €22,404 (-30.5%), from €73,358 to €50,954
- Taxes -€6,026
down €6,026 (-43.5%), from €13,845 to €7,819
- Financial charges -€2,920
down €2,920 (-18.8%), from €15,495 to €12,575
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €519,647 | €514,980 | -€4,667 | -0.9% |
| Fixed assets | 21/28 | €512,975 | €509,702 | -€3,272 | -0.6% |
| Tangible fixed assets | 22/27 | €333,825 | €330,552 | -€3,272 | -1.0% |
| Land and buildings | 22 | €333,825 | €324,032 | -€9,792 | -2.9% |
| Furniture and vehicles | 24 | - | €6,520 | +€6,520 | |
| Financial fixed assets | 28 | €179,150 | €179,150 | = | 0.0% |
| Current assets | 29/58 | €6,673 | €5,277 | -€1,395 | -20.9% |
| Amounts receivable within one year | 40/41 | - | €78 | +€78 | |
| Trade receivables | 40 | - | €78 | +€78 | |
| Cash at bank and in hand | 54/58 | €4,550 | €4,299 | -€251 | -5.5% |
| Deferred charges and accrued income | 490/1 | €2,123 | €900 | -€1,223 | -57.6% |
| Total equity and liabilities | 10/49 | €519,647 | €514,980 | -€4,667 | -0.9% |
| Equity | 10/15 | €236,227 | €254,144 | +€17,917 | +7.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €217,627 | €235,544 | +€17,917 | +8.2% |
| Tax-exempt reserves | 132 | €77,570 | €77,570 | = | 0.0% |
| Distributable reserves | 133 | €140,057 | €157,975 | +€17,917 | +12.8% |
| Provisions and deferred taxes | 16 | €10,347 | €10,347 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €10,347 | €10,347 | = | 0.0% |
| Pensions and similar obligations | 160 | €10,347 | €10,347 | = | 0.0% |
| Amounts payable | 17/49 | €273,074 | €250,489 | -€22,585 | -8.3% |
| Amounts payable after more than one year | 17 | €70,113 | €39,504 | -€30,609 | -43.7% |
| Financial debts | 170/4 | €70,113 | €39,504 | -€30,609 | -43.7% |
| Amounts payable within one year | 42/48 | €198,238 | €206,817 | +€8,579 | +4.3% |
| Current portion of amounts payable after more than one year | 42 | €31,840 | €30,609 | -€1,231 | -3.9% |
| Financial debts | 43 | €5,876 | €5,011 | -€865 | -14.7% |
| Credit institutions | 430/8 | €5,876 | €5,011 | -€865 | -14.7% |
| Trade debts | 44 | €2,456 | €2,011 | -€445 | -18.1% |
| Suppliers | 440/4 | €2,456 | €2,011 | -€445 | -18.1% |
| Taxes, remuneration and social security | 45 | €10,208 | €8,864 | -€1,343 | -13.2% |
| Taxes | 450/3 | €10,208 | €8,864 | -€1,343 | -13.2% |
| Other amounts payable | 47/48 | €147,857 | €160,322 | +€12,464 | +8.4% |
| Accrued charges and deferred income | 492/3 | €4,723 | €4,168 | -€555 | -11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,792 | €10,299 | +€507 | +5.2% |
| Other operating charges | 640/8 | €2,308 | €2,347 | +€39 | +1.7% |
| Gross operating margin | 9900 | €73,358 | €50,954 | -€22,404 | -30.5% |
| Operating profit (loss) | 9901 | €61,257 | €38,307 | -€22,950 | -37.5% |
| Financial income | 75/76B | €6 | €5 | -€1 | -19.6% |
| Recurring financial income | 75 | €6 | €5 | -€1 | -19.6% |
| Financial charges | 65/66B | €15,495 | €12,575 | -€2,920 | -18.8% |
| Recurring financial charges | 65 | €15,495 | €12,575 | -€2,920 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €45,768 | €25,737 | -€20,031 | -43.8% |
| Income taxes | 67/77 | €13,845 | €7,819 | -€6,026 | -43.5% |
| Profit (loss) for the period | 9904 | €31,923 | €17,917 | -€14,005 | -43.9% |
| Profit (loss) for the period to be appropriated | 9905 | €31,923 | €17,917 | -€14,005 | -43.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.