Jerofin: 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.
Jerofin
Largest movements
- Cash -€139,048
down €139,048 (-35.4%), from €392,410 to €253,362
mainly Contributions, distributions and other (-€658,481) and Trade debts (-€34,906)
- Financial fixed assets +€11,379
up €11,379 (+278.1%), from €4,092 to €15,471
- Current investments -€10,500
down €10,500 (-100.0%), from €10,500 to €0
- Deferred charges and accrued income -€6,705
down €6,705 (-42.9%), from €15,625 to €8,920
- Reserves -€346,490
down €346,490 (-92.8%), from €373,481 to €26,991
- Other debts +€243,515
up €243,515 (+13097.5%), from €1,859 to €245,375
- Trade debts -€34,906
down €34,906 (-91.5%), from €38,146 to €3,239
- Short-term financial debts -€12,000
down €12,000 (-100.0%), from €12,000 to €0
- Gross operating margin -€79,230
down €79,230 (-16.0%), from €493,965 to €414,735
- Taxes -€21,261
down €21,261 (-17.6%), from €121,122 to €99,861
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 | €433,500 | €283,534 | -€149,966 | -34.6% |
| Fixed assets | 21/28 | €7,106 | €16,848 | +€9,742 | +137.1% |
| Tangible fixed assets | 22/27 | €3,014 | €1,377 | -€1,636 | -54.3% |
| Furniture and vehicles | 24 | €3,014 | €1,377 | -€1,636 | -54.3% |
| Financial fixed assets | 28 | €4,092 | €15,471 | +€11,379 | +278.1% |
| Current assets | 29/58 | €426,394 | €266,686 | -€159,708 | -37.5% |
| Amounts receivable within one year | 40/41 | €7,860 | €4,404 | -€3,456 | -44.0% |
| Other amounts receivable | 41 | €7,860 | €4,404 | -€3,456 | -44.0% |
| Current investments | 50/53 | €10,500 | €0 | -€10,500 | -100.0% |
| Cash at bank and in hand | 54/58 | €392,410 | €253,362 | -€139,048 | -35.4% |
| Deferred charges and accrued income | 490/1 | €15,625 | €8,920 | -€6,705 | -42.9% |
| Total equity and liabilities | 10/49 | €433,500 | €283,534 | -€149,966 | -34.6% |
| Equity | 10/15 | €379,481 | €32,991 | -€346,490 | -91.3% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €373,481 | €26,991 | -€346,490 | -92.8% |
| Distributable reserves | 133 | €373,481 | €26,991 | -€346,490 | -92.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €54,019 | €250,543 | +€196,525 | +363.8% |
| Amounts payable within one year | 42/48 | €54,019 | €250,543 | +€196,525 | +363.8% |
| Financial debts | 43 | €12,000 | €0 | -€12,000 | -100.0% |
| Credit institutions | 430/8 | €12,000 | €0 | -€12,000 | -100.0% |
| Trade debts | 44 | €38,146 | €3,239 | -€34,906 | -91.5% |
| Suppliers | 440/4 | €38,146 | €3,239 | -€34,906 | -91.5% |
| Taxes, remuneration and social security | 45 | €2,014 | €1,929 | -€84 | -4.2% |
| Taxes | 450/3 | €2,014 | €1,929 | -€84 | -4.2% |
| Other amounts payable | 47/48 | €1,859 | €245,375 | +€243,515 | +13097.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,184 | €1,636 | +€453 | +38.3% |
| Other operating charges | 640/8 | €1,454 | €1,607 | +€153 | +10.5% |
| Gross operating margin | 9900 | €493,965 | €414,735 | -€79,230 | -16.0% |
| Operating profit (loss) | 9901 | €491,327 | €411,491 | -€79,836 | -16.2% |
| Financial income | 75/76B | €6,605 | €2,856 | -€3,749 | -56.8% |
| Recurring financial income | 75 | €6,605 | €2,856 | -€3,749 | -56.8% |
| Financial charges | 65/66B | €3,329 | €2,496 | -€833 | -25.0% |
| Recurring financial charges | 65 | €3,329 | €2,496 | -€833 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | €494,603 | €411,851 | -€82,752 | -16.7% |
| Income taxes | 67/77 | €121,122 | €99,861 | -€21,261 | -17.6% |
| Profit (loss) for the period | 9904 | €373,481 | €311,991 | -€61,490 | -16.5% |
| Profit (loss) for the period to be appropriated | 9905 | €373,481 | €311,991 | -€61,490 | -16.5% |
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 6 October 2026 via checked.be.