JERUSALEM HM: 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.
JERUSALEM HM
Largest movements
- Tangible fixed assets -€800
down €800 (-80.0%), from €1,000 to €200
- Receivables within one year -€452
down €452 (-42.3%), from €1,069 to €617
of which Other amounts receivable: -€452
- Cash -€91
down €91 (-14.6%), from €621 to €530
mainly Net result for the year (-€17,193)
- Profit (loss) carried forward -€17,193
down €17,193 (-32.1%), from -€53,499 to -€70,692
- Other debts +€12,372
up €12,372 (+35.7%), from €34,641 to €47,014
- Tax, wage and social debts +€2,353
up €2,353 (+19.7%), from €11,968 to €14,321
of which Taxes: +€3,464
- Trade debts +€1,125
up €1,125 (+33.3%), from €3,379 to €4,504
- Gross operating margin -€24,717
down €24,717, from €17,180 to -€7,537
- Staff costs -€15,330
down €15,330 (-69.5%), from €22,070 to €6,740
- Taxes +€1,984
new in 2025: €1,984
- Depreciation +€800
new in 2025: €800
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 | €2,690 | €1,347 | -€1,343 | -49.9% |
| Fixed assets | 21/28 | €1,000 | €200 | -€800 | -80.0% |
| Tangible fixed assets | 22/27 | €1,000 | €200 | -€800 | -80.0% |
| Furniture and vehicles | 24 | €1,000 | €200 | -€800 | -80.0% |
| Current assets | 29/58 | €1,690 | €1,147 | -€543 | -32.1% |
| Amounts receivable within one year | 40/41 | €1,069 | €617 | -€452 | -42.3% |
| Trade receivables | 40 | €617 | €617 | = | 0.0% |
| Other amounts receivable | 41 | €452 | - | -€452 | |
| Cash at bank and in hand | 54/58 | €621 | €530 | -€91 | -14.6% |
| Total equity and liabilities | 10/49 | €2,690 | €1,347 | -€1,343 | -49.9% |
| Equity | 10/15 | -€47,299 | -€64,492 | -€17,193 | -36.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,499 | -€70,692 | -€17,193 | -32.1% |
| Amounts payable | 17/49 | €49,988 | €65,839 | +€15,851 | +31.7% |
| Amounts payable within one year | 42/48 | €49,988 | €65,839 | +€15,851 | +31.7% |
| Trade debts | 44 | €3,379 | €4,504 | +€1,125 | +33.3% |
| Suppliers | 440/4 | €3,379 | €4,504 | +€1,125 | +33.3% |
| Taxes, remuneration and social security | 45 | €11,968 | €14,321 | +€2,353 | +19.7% |
| Taxes | 450/3 | €4,739 | €8,203 | +€3,464 | +73.1% |
| Remuneration and social security | 454/9 | €7,229 | €6,118 | -€1,111 | -15.4% |
| Other amounts payable | 47/48 | €34,641 | €47,014 | +€12,372 | +35.7% |
| Remuneration, social security and pensions | 62 | €22,070 | €6,740 | -€15,330 | -69.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €800 | +€800 | |
| Gross operating margin | 9900 | €17,180 | -€7,537 | -€24,717 | |
| Operating profit (loss) | 9901 | -€4,890 | -€15,077 | -€10,187 | -208.3% |
| Financial charges | 65/66B | €121 | €132 | +€11 | +8.8% |
| Recurring financial charges | 65 | €121 | €132 | +€11 | +8.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,011 | -€15,209 | -€10,198 | -203.5% |
| Income taxes | 67/77 | - | €1,984 | +€1,984 | |
| Profit (loss) for the period | 9904 | -€5,011 | -€17,193 | -€12,182 | -243.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,011 | -€17,193 | -€12,182 | -243.1% |
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 7 October 2026 via checked.be.