JERKEV: 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.
JERKEV
Largest movements
- Tangible fixed assets +€1.3m
up €1.3m (+25.0%), from €5.1m to €6.4m
of which Land and buildings: +€1.3m
- Cash -€1.3m
down €1.3m (-36.6%), from €3.5m to €2.2m
mainly Investment in fixed assets (net) (-€1.5m) and Net result for the year (-€177,939)
- Trade debts +€183,507
up €183,507 (+297.7%), from €61,641 to €245,148
- Profit (loss) carried forward -€177,939
down €177,939 (-23.7%), from -€751,294 to -€929,233
- Depreciation +€58,795
up €58,795 (+45.9%), from €128,222 to €187,017
- Gross operating margin +€17,810
up €17,810 (+321.8%), from €5,535 to €23,345
- Financial income -€8,392
down €8,392 (-44.4%), from €18,899 to €10,507
- Other operating charges +€4,106
up €4,106 (+21.8%), from €18,839 to €22,946
- Taxes -€387
down €387 (-35.6%), from €1,087 to €700
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 | €9,149,354 | €9,156,757 | +€7,403 | +0.1% |
| Fixed assets | 21/28 | €5,141,935 | €6,427,329 | +€1.3m | +25.0% |
| Tangible fixed assets | 22/27 | €5,141,935 | €6,427,329 | +€1.3m | +25.0% |
| Land and buildings | 22 | €5,067,381 | €6,367,587 | +€1.3m | +25.7% |
| Plant, machinery and equipment | 23 | - | €9,458 | +€9,458 | |
| Furniture and vehicles | 24 | €74,554 | €50,284 | -€24,269 | -32.6% |
| Current assets | 29/58 | €4,007,419 | €2,729,428 | -€1.3m | -31.9% |
| Amounts receivable after more than one year | 29 | €425,000 | €425,000 | = | 0.0% |
| Other amounts receivable | 291 | €425,000 | €425,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €95,052 | €87,548 | -€7,504 | -7.9% |
| Trade receivables | 40 | €11,009 | €0 | -€11,009 | -100.0% |
| Other amounts receivable | 41 | €84,043 | €87,548 | +€3,505 | +4.2% |
| Cash at bank and in hand | 54/58 | €3,483,356 | €2,207,016 | -€1.3m | -36.6% |
| Deferred charges and accrued income | 490/1 | €4,011 | €9,864 | +€5,853 | +145.9% |
| Total equity and liabilities | 10/49 | €9,149,354 | €9,156,757 | +€7,403 | +0.1% |
| Equity | 10/15 | -€746,294 | -€924,233 | -€177,939 | -23.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€751,294 | -€929,233 | -€177,939 | -23.7% |
| Amounts payable | 17/49 | €9,895,648 | €10,080,990 | +€185,342 | +1.9% |
| Amounts payable after more than one year | 17 | €9,567,649 | €9,549,853 | -€17,797 | -0.2% |
| Financial debts | 170/4 | €9,567,649 | €9,549,853 | -€17,797 | -0.2% |
| Amounts payable within one year | 42/48 | €326,844 | €510,137 | +€183,294 | +56.1% |
| Current portion of amounts payable after more than one year | 42 | €17,622 | €17,797 | +€174 | +1.0% |
| Trade debts | 44 | €61,641 | €245,148 | +€183,507 | +297.7% |
| Suppliers | 440/4 | €61,641 | €245,148 | +€183,507 | +297.7% |
| Taxes, remuneration and social security | 45 | €1,087 | €700 | -€387 | -35.6% |
| Taxes | 450/3 | €1,087 | €700 | -€387 | -35.6% |
| Other amounts payable | 47/48 | €246,493 | €246,493 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,155 | €21,000 | +€19,845 | +1718.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €128,222 | €187,017 | +€58,795 | +45.9% |
| Other operating charges | 640/8 | €18,839 | €22,946 | +€4,106 | +21.8% |
| Non-recurring operating charges | 66A | €27,395 | €0 | -€27,395 | -100.0% |
| Gross operating margin | 9900 | €5,535 | €23,345 | +€17,810 | +321.8% |
| Operating profit (loss) | 9901 | -€168,921 | -€186,618 | -€17,698 | -10.5% |
| Financial income | 75/76B | €18,899 | €10,507 | -€8,392 | -44.4% |
| Recurring financial income | 75 | €18,899 | €10,507 | -€8,392 | -44.4% |
| Financial charges | 65/66B | €1,250 | €1,128 | -€122 | -9.8% |
| Recurring financial charges | 65 | €1,250 | €1,128 | -€122 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | -€151,272 | -€177,239 | -€25,967 | -17.2% |
| Income taxes | 67/77 | €1,087 | €700 | -€387 | -35.6% |
| Profit (loss) for the period | 9904 | -€152,359 | -€177,939 | -€25,580 | -16.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€152,359 | -€177,939 | -€25,580 | -16.8% |
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 29 September 2026 via checked.be.