JAIANCO: 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.
What changed
JAIANCO
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€5.0m
2023 · €557,834-€5.5m
Equity
€8.6m
2023 · €13.5m-€5.0m
Cash
€4.2m
2023 · €2.6m+€1.6m
Balance sheet total
€10.4m
2023 · €19.1m-€8.7m
Largest movements
Assets
- Stocks and contracts -€9.3m
down €9.3m (-76.8%), from €12.1m to €2.8m
- Cash +€1.6m
up €1.6m (+59.0%), from €2.6m to €4.2m
mainly Stocks and contracts (+€9.3m) and Receivables within one year (+€974,360)
- Receivables within one year -€974,360
down €974,360 (-22.7%), from €4.3m to €3.3m
of which Trade receivables: -€967,921
Equity and liabilities
- Profit (loss) carried forward -€5.0m
new in 2024: -€5.0m
- Trade debts -€3.7m
down €3.7m (-68.1%), from €5.4m to €1.7m
Income statement
- Turnover -€11.1m
down €11.1m (-37.8%), from €29.4m to €18.3m
- Goods and materials -€6.8m
down €6.8m (-23.9%), from €28.3m to €21.6m
of which Purchases: -€20.5m
- Write-downs +€1.5m
new in 2024: €1.5m
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.
Result 2023
€557,834
Turnover
-€11.1m
Other operating income
+€129,694
Goods and materials
+€6.8m
Services and other goods
+€71,115
Staff costs
+€985
Depreciation
-€15,496
Write-downs
-€1.5m
Other operating charges
+€754
Financial income
+€86,148
Financial charges
+€1,975
Taxes
+€61,092
Result 2024
-€5.0m
raises the resultlowers the result
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.
From operations
+€1.6m
Investment
€0
Financing
€0
Cash 2023
€2.6m
From operations (derived)
+€1.6m
Net result for the year
-€5.0m
Depreciation
+€27,179
Stocks and contracts
+€9.3m
Receivables within one year
+€974,360
Smaller working-capital items
+€1,221
Trade debts
-€3.7m
Tax, wage and social debts
-€35,368
Other debts
-€27,081
Cash 2024
€4.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,106,673 | €10,402,062 | -€8.7m | -45.6% |
| Fixed assets | 21/28 | €97,446 | €70,267 | -€27,179 | -27.9% |
| Tangible fixed assets | 22/27 | €87,446 | €60,267 | -€27,179 | -31.1% |
| Plant, machinery and equipment | 23 | €32,789 | €24,262 | -€8,526 | -26.0% |
| Furniture and vehicles | 24 | €54,658 | €36,005 | -€18,653 | -34.1% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €19,009,227 | €10,331,795 | -€8.7m | -45.6% |
| Stocks and contracts in progress | 3 | €12,059,738 | €2,803,599 | -€9.3m | -76.8% |
| Stocks | 30/36 | €12,059,738 | €2,803,599 | -€9.3m | -76.8% |
| Goods purchased for resale | 34 | €12,059,738 | €2,803,599 | -€9.3m | -76.8% |
| Amounts receivable within one year | 40/41 | €4,298,647 | €3,324,287 | -€974,360 | -22.7% |
| Trade receivables | 40 | €4,282,476 | €3,314,555 | -€967,921 | -22.6% |
| Other amounts receivable | 41 | €16,172 | €9,732 | -€6,439 | -39.8% |
| Cash at bank and in hand | 54/58 | €2,634,402 | €4,189,230 | +€1.6m | +59.0% |
| Deferred charges and accrued income | 490/1 | €16,439 | €14,678 | -€1,761 | -10.7% |
| Total equity and liabilities | 10/49 | €19,106,673 | €10,402,062 | -€8.7m | -45.6% |
| Equity | 10/15 | €13,527,733 | €8,569,179 | -€5.0m | -36.7% |
| Contributions | 10/11 | €400,238 | €400,238 | = | 0.0% |
| Reserves | 13 | €13,127,495 | €13,127,495 | = | 0.0% |
| Non-distributable reserves | 130/1 | €40,024 | - | -€40,024 | |
| Reserves not available under the articles | 1311 | €40,024 | - | -€40,024 | |
| Distributable reserves | 133 | €13,087,472 | €13,127,495 | +€40,024 | +0.3% |
| Profit (loss) carried forward | 14 | - | -€4,958,554 | -€5.0m | |
| Amounts payable | 17/49 | €5,578,940 | €1,832,883 | -€3.7m | -67.1% |
| Amounts payable within one year | 42/48 | €5,577,518 | €1,832,002 | -€3.7m | -67.2% |
| Trade debts | 44 | €5,412,230 | €1,729,164 | -€3.7m | -68.1% |
| Suppliers | 440/4 | €5,412,230 | €1,729,164 | -€3.7m | -68.1% |
| Taxes, remuneration and social security | 45 | €72,963 | €37,594 | -€35,368 | -48.5% |
| Taxes | 450/3 | €66,692 | €14,668 | -€52,024 | -78.0% |
| Remuneration and social security | 454/9 | €6,271 | €22,926 | +€16,655 | +266% |
| Other amounts payable | 47/48 | €92,326 | €65,244 | -€27,081 | -29.3% |
| Accrued charges and deferred income | 492/3 | €1,422 | €881 | -€541 | -38.1% |
| Operating income | 70/76A | €29,428,251 | €18,446,266 | -€11.0m | -37.3% |
| Turnover | 70 | €29,400,134 | €18,288,455 | -€11.1m | -37.8% |
| Other operating income | 74 | €28,117 | €157,811 | +€129,694 | +461% |
| Operating charges | 60/66A | €28,835,014 | €23,518,632 | -€5.3m | -18.4% |
| Goods for resale, raw materials and consumables | 60 | €28,345,226 | €21,575,667 | -€6.8m | -23.9% |
| Purchases | 600/8 | €32,847,894 | €12,319,529 | -€20.5m | -62.5% |
| Change in stocks: decrease (increase) | 609 | -€4,502,668 | €9,256,138 | +€13.8m | |
| Services and other goods | 61 | €432,324 | €361,209 | -€71,115 | -16.4% |
| Remuneration, social security and pensions | 62 | €41,212 | €40,227 | -€985 | -2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,683 | €27,179 | +€15,496 | +133% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,510,535 | +€1.5m | |
| Other operating charges | 640/8 | €4,569 | €3,815 | -€754 | -16.5% |
| Operating profit (loss) | 9901 | €593,237 | -€5,072,367 | -€5.7m | |
| Financial income | 75/76B | €45,869 | €132,018 | +€86,148 | +188% |
| Recurring financial income | 75 | €45,869 | €132,018 | +€86,148 | +188% |
| Other financial income | 752/9 | €45,869 | €132,018 | +€86,148 | +188% |
| Financial charges | 65/66B | €19,621 | €17,645 | -€1,975 | -10.1% |
| Recurring financial charges | 65 | €19,621 | €17,645 | -€1,975 | -10.1% |
| Debt charges | 650 | €2,178 | €5 | -€2,173 | -99.8% |
| Other financial charges | 652/9 | €17,443 | €17,640 | +€197 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €619,486 | -€4,957,994 | -€5.6m | |
| Income taxes | 67/77 | €61,652 | €560 | -€61,092 | -99.1% |
| Taxes | 670/3 | €61,652 | €562 | -€61,090 | -99.1% |
| Tax adjustments and reversals of tax provisions | 77 | - | €2 | +€2 | |
| Profit (loss) for the period | 9904 | €557,834 | -€4,958,554 | -€5.5m | |
| Profit (loss) for the period to be appropriated | 9905 | €557,834 | -€4,958,554 | -€5.5m |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.