JEROLU: 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.
JEROLU
Largest movements
- Receivables within one year +€71,844
up €71,844 (+1055.6%), from €6,806 to €78,650
of which Trade receivables: +€78,650
- Tangible fixed assets -€4,073
down €4,073 (-1.4%), from €286,279 to €282,206
- Reserves +€42,165
up €42,165 (+25.3%), from €166,633 to €208,798
- Tax, wage and social debts +€12,821
new in 2025: €12,821
- Other debts +€10,537
up €10,537 (+1454.1%), from €725 to €11,262
- Gross operating margin +€66,274
up €66,274 (+1687.2%), from €3,928 to €70,201
- Taxes +€20,236
new in 2025: €20,236
- Other operating charges +€1,407
up €1,407 (+183.8%), from €765 to €2,172
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 | €295,531 | €362,076 | +€66,545 | +22.5% |
| Fixed assets | 21/28 | €286,279 | €282,206 | -€4,073 | -1.4% |
| Tangible fixed assets | 22/27 | €286,279 | €282,206 | -€4,073 | -1.4% |
| Land and buildings | 22 | €286,279 | €282,206 | -€4,073 | -1.4% |
| Current assets | 29/58 | €9,252 | €79,870 | +€70,618 | +763.2% |
| Amounts receivable within one year | 40/41 | €6,806 | €78,650 | +€71,844 | +1055.6% |
| Trade receivables | 40 | - | €78,650 | +€78,650 | |
| Other amounts receivable | 41 | €6,806 | - | -€6,806 | |
| Cash at bank and in hand | 54/58 | €2,446 | €1,019 | -€1,428 | -58.4% |
| Deferred charges and accrued income | 490/1 | - | €201 | +€201 | |
| Total equity and liabilities | 10/49 | €295,531 | €362,076 | +€66,545 | +22.5% |
| Equity | 10/15 | €168,417 | €211,798 | +€43,381 | +25.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €166,633 | €208,798 | +€42,165 | +25.3% |
| Distributable reserves | 133 | €166,633 | €208,798 | +€42,165 | +25.3% |
| Profit (loss) carried forward | 14 | -€1,215 | - | +€1,215 | |
| Amounts payable | 17/49 | €127,114 | €150,278 | +€23,164 | +18.2% |
| Amounts payable after more than one year | 17 | €125,000 | €125,000 | = | 0.0% |
| Financial debts | 170/4 | €125,000 | €125,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,114 | €25,278 | +€23,164 | +1095.8% |
| Trade debts | 44 | €1,389 | €1,195 | -€194 | -14.0% |
| Suppliers | 440/4 | €1,389 | €1,195 | -€194 | -14.0% |
| Taxes, remuneration and social security | 45 | - | €12,821 | +€12,821 | |
| Taxes | 450/3 | - | €12,821 | +€12,821 | |
| Other amounts payable | 47/48 | €725 | €11,262 | +€10,537 | +1454.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,073 | €4,073 | = | 0.0% |
| Other operating charges | 640/8 | €765 | €2,172 | +€1,407 | +183.8% |
| Gross operating margin | 9900 | €3,928 | €70,201 | +€66,274 | +1687.2% |
| Operating profit (loss) | 9901 | -€910 | €63,957 | +€64,867 | |
| Financial charges | 65/66B | €305 | €340 | +€35 | +11.3% |
| Recurring financial charges | 65 | €305 | €340 | +€35 | +11.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,215 | €63,617 | +€64,832 | |
| Income taxes | 67/77 | - | €20,236 | +€20,236 | |
| Profit (loss) for the period | 9904 | -€1,215 | €43,381 | +€44,596 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,215 | €43,381 | +€44,596 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.