Jagrino: 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.
Jagrino
Largest movements
- Tangible fixed assets +€34,411
up €34,411 (+50.5%), from €68,204 to €102,615
of which Land and buildings: +€40,264
- Cash -€20,172
down €20,172 (-75.0%), from €26,903 to €6,731
mainly Investment in fixed assets (net) (-€45,958) and Deferred charges and accrued income (-€2,856)
- Deferred charges and accrued income +€2,856
up €2,856 (+81.0%), from €3,524 to €6,380
- Receivables within one year -€1,231
down €1,231 (-16.5%), from €7,466 to €6,235
of which Other amounts receivable: -€2,094
- Profit (loss) carried forward +€10,371
up €10,371 (+41.3%), from €25,130 to €35,500
- Trade debts +€2,643
up €2,643 (+12.0%), from €21,969 to €24,612
- Other debts +€2,000
new in 2025: €2,000
- Depreciation +€3,346
up €3,346 (+40.8%), from €8,202 to €11,548
- Financial charges +€1,704
up €1,704 (+55,867%), from €3 to €1,707
- Taxes -€1,267
down €1,267 (-46.4%), from €2,731 to €1,465
- Gross operating margin +€1,216
up €1,216 (+4.8%), from €25,122 to €26,339
- Other operating charges +€444
up €444 (+54.6%), from €813 to €1,257
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 | €106,097 | €121,960 | +€15,863 | +15.0% |
| Fixed assets | 21/28 | €68,204 | €102,615 | +€34,411 | +50.5% |
| Tangible fixed assets | 22/27 | €68,204 | €102,615 | +€34,411 | +50.5% |
| Land and buildings | 22 | €51,081 | €91,344 | +€40,264 | +78.8% |
| Plant, machinery and equipment | 23 | €1,240 | €2,185 | +€945 | +76.2% |
| Furniture and vehicles | 24 | €15,883 | €9,085 | -€6,798 | -42.8% |
| Current assets | 29/58 | €37,893 | €19,345 | -€18,547 | -48.9% |
| Amounts receivable within one year | 40/41 | €7,466 | €6,235 | -€1,231 | -16.5% |
| Trade receivables | 40 | €5,372 | €6,235 | +€862 | +16.0% |
| Other amounts receivable | 41 | €2,094 | - | -€2,094 | |
| Cash at bank and in hand | 54/58 | €26,903 | €6,731 | -€20,172 | -75.0% |
| Deferred charges and accrued income | 490/1 | €3,524 | €6,380 | +€2,856 | +81.0% |
| Total equity and liabilities | 10/49 | €106,097 | €121,960 | +€15,863 | +15.0% |
| Equity | 10/15 | €45,130 | €55,500 | +€10,371 | +23.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,130 | €35,500 | +€10,371 | +41.3% |
| Amounts payable | 17/49 | €60,967 | €66,459 | +€5,493 | +9.0% |
| Amounts payable after more than one year | 17 | €33,000 | €33,000 | = | 0.0% |
| Financial debts | 170/4 | €33,000 | €33,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €27,166 | €32,291 | +€5,125 | +18.9% |
| Trade debts | 44 | €21,969 | €24,612 | +€2,643 | +12.0% |
| Suppliers | 440/4 | €21,969 | €24,612 | +€2,643 | +12.0% |
| Taxes, remuneration and social security | 45 | €5,197 | €5,679 | +€482 | +9.3% |
| Taxes | 450/3 | €5,197 | €5,679 | +€482 | +9.3% |
| Other amounts payable | 47/48 | - | €2,000 | +€2,000 | |
| Accrued charges and deferred income | 492/3 | €801 | €1,168 | +€368 | +45.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,202 | €11,548 | +€3,346 | +40.8% |
| Other operating charges | 640/8 | €813 | €1,257 | +€444 | +54.6% |
| Gross operating margin | 9900 | €25,122 | €26,339 | +€1,216 | +4.8% |
| Operating profit (loss) | 9901 | €16,107 | €13,534 | -€2,573 | -16.0% |
| Financial income | 75/76B | €0 | €8 | +€8 | +12,014% |
| Recurring financial income | 75 | €0 | €8 | +€8 | +12,014% |
| Financial charges | 65/66B | €3 | €1,707 | +€1,704 | +55,867% |
| Recurring financial charges | 65 | €3 | €1,707 | +€1,704 | +55,867% |
| Profit (loss) for the period before taxes | 9903 | €16,104 | €11,835 | -€4,269 | -26.5% |
| Income taxes | 67/77 | €2,731 | €1,465 | -€1,267 | -46.4% |
| Profit (loss) for the period | 9904 | €13,373 | €10,371 | -€3,002 | -22.4% |
| Profit (loss) for the period to be appropriated | 9905 | €13,373 | €10,371 | -€3,002 | -22.4% |
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 24 October 2026 via checked.be.