JEWARAN: 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.
JEWARAN
Largest movements
- Tangible fixed assets -€39,785
down €39,785 (-3.5%), from €1.2m to €1.1m
of which Land and buildings: -€49,694
- Cash +€34,834
up €34,834 (+239%), from €14,591 to €49,425
mainly Other debts (+€143,740) and Depreciation (+€82,892)
- Receivables within one year +€25,191
up €25,191 (+994%), from €2,534 to €27,725
of which Trade receivables: +€26,500
- Other debts +€143,740
up €143,740 (+36.1%), from €398,161 to €541,901
- Debts after one year -€78,571
down €78,571 (-11.2%), from €704,607 to €626,036
- Trade debts -€25,832
down €25,832 (-43.0%), from €60,046 to €34,214
- Profit (loss) carried forward -€25,599
down €25,599 (-29.3%), from -€87,464 to -€113,063
- Gross operating margin +€37,923
up €37,923 (+72.2%), from €52,495 to €90,418
- Depreciation +€13,463
up €13,463 (+19.4%), from €69,429 to €82,892
- Financial charges +€2,899
up €2,899 (+16.4%), from €17,696 to €20,595
- Other operating charges +€1,369
up €1,369 (+13.6%), from €10,079 to €11,448
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.
Derived cash bridge
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 | €1,172,770 | €1,193,009 | +€20,240 | +1.7% |
| Fixed assets | 21/28 | €1,155,644 | €1,115,859 | -€39,785 | -3.4% |
| Tangible fixed assets | 22/27 | €1,150,394 | €1,110,609 | -€39,785 | -3.5% |
| Land and buildings | 22 | €957,141 | €907,447 | -€49,694 | -5.2% |
| Plant, machinery and equipment | 23 | €5,390 | €3,793 | -€1,598 | -29.6% |
| Furniture and vehicles | 24 | €187,862 | €199,370 | +€11,507 | +6.1% |
| Financial fixed assets | 28 | €5,250 | €5,250 | = | 0.0% |
| Current assets | 29/58 | €17,126 | €77,150 | +€60,024 | +350% |
| Amounts receivable within one year | 40/41 | €2,534 | €27,725 | +€25,191 | +994% |
| Trade receivables | 40 | €1,210 | €27,710 | +€26,500 | +2,190% |
| Other amounts receivable | 41 | €1,324 | €15 | -€1,309 | -98.9% |
| Cash at bank and in hand | 54/58 | €14,591 | €49,425 | +€34,834 | +239% |
| Total equity and liabilities | 10/49 | €1,172,770 | €1,193,009 | +€20,240 | +1.7% |
| Equity | 10/15 | -€68,914 | -€94,513 | -€25,599 | -37.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€87,464 | -€113,063 | -€25,599 | -29.3% |
| Amounts payable | 17/49 | €1,241,684 | €1,287,523 | +€45,839 | +3.7% |
| Amounts payable after more than one year | 17 | €704,607 | €626,036 | -€78,571 | -11.2% |
| Financial debts | 170/4 | €704,607 | €626,036 | -€78,571 | -11.2% |
| Amounts payable within one year | 42/48 | €537,077 | €661,486 | +€124,410 | +23.2% |
| Current portion of amounts payable after more than one year | 42 | €71,237 | €78,571 | +€7,334 | +10.3% |
| Trade debts | 44 | €60,046 | €34,214 | -€25,832 | -43.0% |
| Suppliers | 440/4 | €60,046 | €34,214 | -€25,832 | -43.0% |
| Taxes, remuneration and social security | 45 | €7,633 | €6,801 | -€832 | -10.9% |
| Taxes | 450/3 | €3,994 | €3,135 | -€858 | -21.5% |
| Remuneration and social security | 454/9 | €3,639 | €3,666 | +€27 | +0.7% |
| Other amounts payable | 47/48 | €398,161 | €541,901 | +€143,740 | +36.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €69,429 | €82,892 | +€13,463 | +19.4% |
| Other operating charges | 640/8 | €10,079 | €11,448 | +€1,369 | +13.6% |
| Non-recurring operating charges | 66A | €29,774 | €844 | -€28,930 | -97.2% |
| Gross operating margin | 9900 | €52,495 | €90,418 | +€37,923 | +72.2% |
| Operating profit (loss) | 9901 | -€56,787 | -€4,765 | +€52,022 | +91.6% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €17,696 | €20,595 | +€2,899 | +16.4% |
| Recurring financial charges | 65 | €17,696 | €20,595 | +€2,899 | +16.4% |
| Profit (loss) for the period before taxes | 9903 | -€74,483 | -€25,360 | +€49,123 | +66.0% |
| Income taxes | 67/77 | €231 | €239 | +€8 | +3.5% |
| Profit (loss) for the period | 9904 | -€74,714 | -€25,599 | +€49,115 | +65.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€74,714 | -€25,599 | +€49,115 | +65.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.