JARACO: 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
JARACO
NACE 41.003, General construction of other non-residential buildings
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€139,466
2024 · €101,452+€38,013
Equity
€2.1m
2024 · €1.9m+€139,466
Cash
€270,367
2024 · €43,701+€226,666
Balance sheet total
€7.7m
2024 · €6.9m+€851,433
Largest movements
Assets
- Receivables after one year +€1.2m
new in 2025: €1.2m
- Stocks and contracts -€414,045
down €414,045 (-24.7%), from €1.7m to €1.3m
of which Contracts in progress: -€375,902
- Receivables within one year -€257,300
down €257,300 (-5.2%), from €4.9m to €4.7m
of which Other amounts receivable: -€617,005
- Cash +€226,666
up €226,666 (+518.7%), from €43,701 to €270,367
mainly Advances received (+€1.6m) and Stocks and contracts (+€414,045)
- Tangible fixed assets +€86,131
up €86,131 (+131.9%), from €65,312 to €151,443
of which Plant, machinery and equipment: +€73,545
Equity and liabilities
- Advances received +€1.6m
up €1.6m (+261.9%), from €628,934 to €2.3m
- Trade debts -€1.2m
down €1.2m (-30.2%), from €3.9m to €2.7m
- Short-term financial debts +€200,000
new in 2025: €200,000
- Reserves +€139,466
up €139,466 (+7.5%), from €1.9m to €2.0m
of which Distributable reserves: +€139,466
Income statement
- Turnover -€4.2m
down €4.2m (-18.3%), from €22.7m to €18.6m
- Goods and materials -€3.2m
down €3.2m (-18.4%), from €17.3m to €14.1m
of which Purchases: -€3.2m
- Services and other goods -€336,546
down €336,546 (-11.0%), from €3.0m to €2.7m
- Staff costs -€232,992
down €232,992 (-13.5%), from €1.7m to €1.5m
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.
Result 2024
€101,452
Turnover
-€4.2m
Other operating income
-€41,422
Goods and materials
+€3.2m
Services and other goods
+€336,546
Staff costs
+€232,992
Depreciation
+€8,495
Write-downs
+€96,693
Provisions
+€10,000
Other operating charges
+€3,825
Other operating items
+€302,572
Financial income
-€16,234
Financial charges
+€141,805
Taxes
-€57,272
Result 2025
€139,466
Cash bridge derived
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.
From operations
+€168,581
Investment
-€131,505
Financing
+€189,589
Cash 2024
€43,701
From operations (derived)
+€168,581
Net result for the year
+€139,466
Depreciation
+€34,344
Receivables after one year
-€1.2m
Stocks and contracts
+€414,045
Receivables within one year
+€257,300
Deferred charges and accrued income
-€8,956
Trade debts
-€1.2m
Tax, wage and social debts
+€69,634
Advances received
+€1.6m
Other debts
-€6,560
Accrued charges and deferred income
-€4,939
Investment (derived)
-€131,505
Investment in fixed assets (net)
-€131,505
Financing
+€189,589
Debts after one year
-€10,863
Current portion of long-term debt
+€452
Short-term financial debts
+€200,000
Cash 2025
€270,367
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,856,364 | €7,707,797 | +€851,433 | +12.4% |
| Fixed assets | 21/28 | €151,856 | €249,017 | +€97,161 | +64.0% |
| Intangible fixed assets | 21 | €2,813 | €12,145 | +€9,332 | +331.7% |
| Tangible fixed assets | 22/27 | €65,312 | €151,443 | +€86,131 | +131.9% |
| Plant, machinery and equipment | 23 | €41,802 | €115,346 | +€73,545 | +175.9% |
| Furniture and vehicles | 24 | €23,510 | €36,097 | +€12,587 | +53.5% |
| Financial fixed assets | 28 | €83,731 | €85,429 | +€1,698 | +2.0% |
| Other financial fixed assets | 284/8 | €83,731 | €85,429 | +€1,698 | +2.0% |
| Amounts receivable and cash guarantees | 285/8 | €83,731 | €85,429 | +€1,698 | +2.0% |
| Current assets | 29/58 | €6,704,508 | €7,458,780 | +€754,272 | +11.3% |
| Amounts receivable after more than one year | 29 | - | €1,189,996 | +€1.2m | |
| Other amounts receivable | 291 | - | €1,189,996 | +€1.2m | |
| Stocks and contracts in progress | 3 | €1,677,068 | €1,263,023 | -€414,045 | -24.7% |
| Stocks | 30/36 | €213,847 | €175,705 | -€38,142 | -17.8% |
| Goods purchased for resale | 34 | €213,847 | €175,705 | -€38,142 | -17.8% |
| Contracts in progress | 37 | €1,463,221 | €1,087,318 | -€375,902 | -25.7% |
| Amounts receivable within one year | 40/41 | €4,931,817 | €4,674,517 | -€257,300 | -5.2% |
| Trade receivables | 40 | €3,584,657 | €3,944,362 | +€359,705 | +10.0% |
| Other amounts receivable | 41 | €1,347,160 | €730,155 | -€617,005 | -45.8% |
| Cash at bank and in hand | 54/58 | €43,701 | €270,367 | +€226,666 | +518.7% |
| Deferred charges and accrued income | 490/1 | €51,922 | €60,877 | +€8,956 | +17.2% |
| Total equity and liabilities | 10/49 | €6,856,364 | €7,707,797 | +€851,433 | +12.4% |
| Equity | 10/15 | €1,930,948 | €2,070,413 | +€139,466 | +7.2% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €1,869,448 | €2,008,913 | +€139,466 | +7.5% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €26,457 | €26,457 | = | 0.0% |
| Distributable reserves | 133 | €1,836,840 | €1,976,306 | +€139,466 | +7.6% |
| Provisions and deferred taxes | 16 | €49,900 | €49,900 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €49,900 | €49,900 | = | 0.0% |
| Pensions and similar obligations | 160 | €39,900 | €39,900 | = | 0.0% |
| Other liabilities and charges | 164/5 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable | 17/49 | €4,875,517 | €5,587,484 | +€711,968 | +14.6% |
| Amounts payable after more than one year | 17 | €11,788 | €926 | -€10,863 | -92.1% |
| Financial debts | 170/4 | €11,788 | €926 | -€10,863 | -92.1% |
| Credit institutions | 173 | €11,788 | €926 | -€10,863 | -92.1% |
| Amounts payable within one year | 42/48 | €4,851,917 | €5,579,686 | +€727,769 | +15.0% |
| Current portion of amounts payable after more than one year | 42 | €10,411 | €10,863 | +€452 | +4.3% |
| Financial debts | 43 | - | €200,000 | +€200,000 | |
| Credit institutions | 430/8 | - | €200,000 | +€200,000 | |
| Trade debts | 44 | €3,919,423 | €2,736,600 | -€1.2m | -30.2% |
| Suppliers | 440/4 | €3,919,423 | €2,736,600 | -€1.2m | -30.2% |
| Advances received on contracts in progress | 46 | €628,934 | €2,276,000 | +€1.6m | +261.9% |
| Taxes, remuneration and social security | 45 | €175,886 | €245,520 | +€69,634 | +39.6% |
| Taxes | 450/3 | €15,448 | €113,167 | +€97,719 | +632.6% |
| Remuneration and social security | 454/9 | €160,439 | €132,354 | -€28,085 | -17.5% |
| Other amounts payable | 47/48 | €117,264 | €110,704 | -€6,560 | -5.6% |
| Accrued charges and deferred income | 492/3 | €11,811 | €6,872 | -€4,939 | -41.8% |
| Operating income | 70/76A | €22,449,956 | €18,543,248 | -€3.9m | -17.4% |
| Turnover | 70 | €22,718,317 | €18,550,458 | -€4.2m | -18.3% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€679,318 | -€375,902 | +€303,415 | +44.7% |
| Other operating income | 74 | €398,957 | €357,535 | -€41,422 | -10.4% |
| Non-recurring operating income | 76A | €12,000 | €11,157 | -€843 | -7.0% |
| Operating charges | 60/66A | €22,242,557 | €18,366,134 | -€3.9m | -17.4% |
| Goods for resale, raw materials and consumables | 60 | €17,332,016 | €14,144,145 | -€3.2m | -18.4% |
| Purchases | 600/8 | €17,355,887 | €14,106,002 | -€3.2m | -18.7% |
| Change in stocks: decrease (increase) | 609 | -€23,871 | €38,142 | +€62,014 | |
| Services and other goods | 61 | €3,049,556 | €2,713,010 | -€336,546 | -11.0% |
| Remuneration, social security and pensions | 62 | €1,727,969 | €1,494,977 | -€232,992 | -13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,839 | €34,344 | -€8,495 | -19.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €60,497 | -€36,195 | -€96,693 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €10,000 | €0 | -€10,000 | -100.0% |
| Other operating charges | 640/8 | €19,680 | €15,854 | -€3,825 | -19.4% |
| Operating charges capitalised as restructuring costs | 649 | - | €0 | = | |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Operating profit (loss) | 9901 | €207,399 | €177,113 | -€30,286 | -14.6% |
| Financial income | 75/76B | €92,617 | €76,382 | -€16,234 | -17.5% |
| Recurring financial income | 75 | €92,617 | €76,382 | -€16,234 | -17.5% |
| Income from financial fixed assets | 750 | €45,561 | €57,085 | +€11,524 | +25.3% |
| Other financial income | 752/9 | €47,056 | €19,297 | -€27,759 | -59.0% |
| Financial charges | 65/66B | €196,617 | €54,811 | -€141,805 | -72.1% |
| Recurring financial charges | 65 | €72,348 | €43,890 | -€28,459 | -39.3% |
| Debt charges | 650 | €64,215 | €37,098 | -€27,117 | -42.2% |
| Other financial charges | 652/9 | €8,133 | €6,792 | -€1,342 | -16.5% |
| Non-recurring financial charges | 66B | €124,269 | €10,922 | -€113,347 | -91.2% |
| Profit (loss) for the period before taxes | 9903 | €103,399 | €198,684 | +€95,285 | +92.2% |
| Income taxes | 67/77 | €1,947 | €59,219 | +€57,272 | +2941.8% |
| Taxes | 670/3 | €1,947 | €59,219 | +€57,272 | +2941.8% |
| Profit (loss) for the period | 9904 | €101,452 | €139,466 | +€38,013 | +37.5% |
| Profit (loss) for the period to be appropriated | 9905 | €101,452 | €139,466 | +€38,013 | +37.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.