JHELUM: 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.
JHELUM
Largest movements
- Receivables within one year +€57,827
up €57,827 (+49.9%), from €115,993 to €173,820
of which Trade receivables: +€32,137
- Provisions +€27,742
new in 2024: €27,742
- Trade debts +€24,899
up €24,899 (+32.7%), from €76,227 to €101,126
- Accrued charges and deferred income +€7,537
new in 2024: €7,537
- Other debts -€5,137
down €5,137 (-18.7%), from €27,524 to €22,387
- Profit (loss) carried forward +€3,760
up €3,760 (+42.0%), from -€8,949 to -€5,190
- Financial charges +€29,820
up €29,820 (+1,154%), from €2,583 to €32,403
of which Non-recurring financial charges: +€27,742
- Staff costs -€12,737
down €12,737 (-18.9%), from €67,395 to €54,659
- Taxes -€12,372
down €12,372 (-86.3%), from €14,339 to €1,968
- Gross operating margin -€4,631
down €4,631 (-4.7%), from €99,316 to €94,685
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €155,689 | €216,256 | +€60,568 | +38.9% |
| Fixed assets | 21/28 | €21,720 | €20,951 | -€769 | -3.5% |
| Tangible fixed assets | 22/27 | €18,520 | €17,751 | -€769 | -4.2% |
| Plant, machinery and equipment | 23 | €253 | €161 | -€92 | -36.3% |
| Furniture and vehicles | 24 | €889 | €512 | -€377 | -42.4% |
| Other tangible fixed assets | 26 | €17,378 | €17,078 | -€300 | -1.7% |
| Financial fixed assets | 28 | €3,200 | €3,200 | = | 0.0% |
| Current assets | 29/58 | €133,969 | €195,306 | +€61,337 | +45.8% |
| Stocks and contracts in progress | 3 | €3,680 | €5,725 | +€2,045 | +55.6% |
| Stocks | 30/36 | €3,680 | €5,725 | +€2,045 | +55.6% |
| Amounts receivable within one year | 40/41 | €115,993 | €173,820 | +€57,827 | +49.9% |
| Trade receivables | 40 | €83,003 | €115,141 | +€32,137 | +38.7% |
| Other amounts receivable | 41 | €32,990 | €58,679 | +€25,689 | +77.9% |
| Cash at bank and in hand | 54/58 | €14,295 | €15,761 | +€1,466 | +10.3% |
| Total equity and liabilities | 10/49 | €155,689 | €216,256 | +€60,568 | +38.9% |
| Equity | 10/15 | €6,051 | €9,810 | +€3,760 | +62.1% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,949 | -€5,190 | +€3,760 | +42.0% |
| Provisions and deferred taxes | 16 | - | €27,742 | +€27,742 | |
| Provisions for liabilities and charges | 160/5 | - | €27,742 | +€27,742 | |
| Other liabilities and charges | 164/5 | - | €27,742 | +€27,742 | |
| Amounts payable | 17/49 | €149,638 | €178,705 | +€29,067 | +19.4% |
| Amounts payable within one year | 42/48 | €149,638 | €171,167 | +€21,529 | +14.4% |
| Current portion of amounts payable after more than one year | 42 | €9,000 | €7,621 | -€1,379 | -15.3% |
| Trade debts | 44 | €76,227 | €101,126 | +€24,899 | +32.7% |
| Suppliers | 440/4 | €76,227 | €101,126 | +€24,899 | +32.7% |
| Taxes, remuneration and social security | 45 | €36,887 | €40,034 | +€3,147 | +8.5% |
| Taxes | 450/3 | €26,817 | €33,384 | +€6,567 | +24.5% |
| Remuneration and social security | 454/9 | €10,070 | €6,650 | -€3,421 | -34.0% |
| Other amounts payable | 47/48 | €27,524 | €22,387 | -€5,137 | -18.7% |
| Accrued charges and deferred income | 492/3 | - | €7,537 | +€7,537 | |
| Remuneration, social security and pensions | 62 | €67,395 | €54,659 | -€12,737 | -18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,503 | €2,937 | +€434 | +17.3% |
| Other operating charges | 640/8 | €1,698 | €978 | -€720 | -42.4% |
| Gross operating margin | 9900 | €99,316 | €94,685 | -€4,631 | -4.7% |
| Operating profit (loss) | 9901 | €27,719 | €36,111 | +€8,392 | +30.3% |
| Financial income | 75/76B | €1,735 | €2,019 | +€284 | +16.4% |
| Recurring financial income | 75 | €1,735 | €2,019 | +€284 | +16.4% |
| Financial charges | 65/66B | €2,583 | €32,403 | +€29,820 | +1,154% |
| Recurring financial charges | 65 | €2,583 | €4,662 | +€2,078 | +80.5% |
| Non-recurring financial charges | 66B | - | €27,742 | +€27,742 | |
| Profit (loss) for the period before taxes | 9903 | €26,871 | €5,727 | -€21,144 | -78.7% |
| Income taxes | 67/77 | €14,339 | €1,968 | -€12,372 | -86.3% |
| Profit (loss) for the period | 9904 | €12,532 | €3,760 | -€8,772 | -70.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,532 | €3,760 | -€8,772 | -70.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.