DJARDINI: 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.
DJARDINI
Largest movements
- Receivables within one year +€24,306
up €24,306 (+71.1%), from €34,179 to €58,485
of which Trade receivables: +€18,033
- Cash +€21,292
up €21,292 (+108%), from €19,747 to €41,040
mainly Trade debts (+€50,764) and Depreciation (+€19,708)
- Tangible fixed assets -€16,286
down €16,286 (-32.9%), from €49,521 to €33,235
of which Furniture and vehicles: -€15,938
- Deferred charges and accrued income -€5,721
down €5,721 (-44.4%), from €12,871 to €7,150
- Stocks and contracts +€3,345
up €3,345 (+8.4%), from €39,770 to €43,115
- Trade debts +€50,764
up €50,764 (+149%), from €33,979 to €84,743
- Current portion of long-term debt -€22,035
down €22,035 (-72.9%), from €30,218 to €8,183
- Tax, wage and social debts +€10,962
up €10,962 (+211%), from €5,200 to €16,162
of which Taxes: +€10,962
- Debts after one year -€8,183
down €8,183 (-41.2%), from €19,867 to €11,684
- Profit (loss) carried forward -€3,715
down €3,715 (-6.2%), from €60,274 to €56,560
- Gross operating margin -€26,722
down €26,722 (-47.7%), from €56,073 to €29,351
- Other operating charges +€1,249
up €1,249 (+179%), from €696 to €1,945
- Depreciation -€934
down €934 (-4.5%), from €20,642 to €19,708
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 | €156,088 | €183,025 | +€26,937 | +17.3% |
| Fixed assets | 21/28 | €49,521 | €33,235 | -€16,286 | -32.9% |
| Tangible fixed assets | 22/27 | €49,521 | €33,235 | -€16,286 | -32.9% |
| Plant, machinery and equipment | 23 | €8,816 | €8,468 | -€348 | -3.9% |
| Furniture and vehicles | 24 | €40,705 | €24,767 | -€15,938 | -39.2% |
| Current assets | 29/58 | €106,567 | €149,790 | +€43,223 | +40.6% |
| Stocks and contracts in progress | 3 | €39,770 | €43,115 | +€3,345 | +8.4% |
| Stocks | 30/36 | €39,770 | €43,115 | +€3,345 | +8.4% |
| Amounts receivable within one year | 40/41 | €34,179 | €58,485 | +€24,306 | +71.1% |
| Trade receivables | 40 | €26,935 | €44,967 | +€18,033 | +66.9% |
| Other amounts receivable | 41 | €7,244 | €13,518 | +€6,273 | +86.6% |
| Cash at bank and in hand | 54/58 | €19,747 | €41,040 | +€21,292 | +108% |
| Deferred charges and accrued income | 490/1 | €12,871 | €7,150 | -€5,721 | -44.4% |
| Total equity and liabilities | 10/49 | €156,088 | €183,025 | +€26,937 | +17.3% |
| Equity | 10/15 | €64,274 | €60,560 | -€3,715 | -5.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,274 | €56,560 | -€3,715 | -6.2% |
| Amounts payable | 17/49 | €91,814 | €122,466 | +€30,652 | +33.4% |
| Amounts payable after more than one year | 17 | €19,867 | €11,684 | -€8,183 | -41.2% |
| Financial debts | 170/4 | €19,867 | €11,684 | -€8,183 | -41.2% |
| Amounts payable within one year | 42/48 | €71,946 | €110,782 | +€38,835 | +54.0% |
| Current portion of amounts payable after more than one year | 42 | €30,218 | €8,183 | -€22,035 | -72.9% |
| Trade debts | 44 | €33,979 | €84,743 | +€50,764 | +149% |
| Suppliers | 440/4 | €33,979 | €84,743 | +€50,764 | +149% |
| Taxes, remuneration and social security | 45 | €5,200 | €16,162 | +€10,962 | +211% |
| Taxes | 450/3 | €3,200 | €14,162 | +€10,962 | +343% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €2,549 | €1,693 | -€855 | -33.6% |
| Non-recurring operating income | 76A | €11,221 | - | -€11,221 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,642 | €19,708 | -€934 | -4.5% |
| Other operating charges | 640/8 | €696 | €1,945 | +€1,249 | +179% |
| Non-recurring operating charges | 66A | - | €951 | +€951 | |
| Gross operating margin | 9900 | €56,073 | €29,351 | -€26,722 | -47.7% |
| Operating profit (loss) | 9901 | €34,735 | €6,747 | -€27,988 | -80.6% |
| Financial income | 75/76B | €121 | €67 | -€54 | -44.5% |
| Recurring financial income | 75 | €121 | €67 | -€54 | -44.5% |
| Financial charges | 65/66B | €4,943 | €4,629 | -€315 | -6.4% |
| Recurring financial charges | 65 | €4,943 | €4,629 | -€315 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €29,912 | €2,185 | -€27,727 | -92.7% |
| Profit (loss) for the period | 9904 | €29,912 | €2,185 | -€27,727 | -92.7% |
| Profit (loss) for the period to be appropriated | 9905 | €29,912 | €2,185 | -€27,727 | -92.7% |
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 23 October 2026 via checked.be.