JARCO: 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.
JARCO
Largest movements
- Receivables within one year +€3,098
up €3,098 (+13.1%), from €23,649 to €26,747
of which Trade receivables: +€2,711
- Cash -€1,663
down €1,663 (-37.1%), from €4,487 to €2,824
- Profit (loss) carried forward +€3,330
up €3,330 (+59.3%), from -€5,619 to -€2,290
- Other debts -€2,060
down €2,060 (-19.5%), from €10,557 to €8,497
- Turnover -€21,286
down €21,286 (-71.5%), from €29,771 to €8,485
- Gross operating margin -€11,586
down €11,586 (-90.8%), from €12,765 to €1,179
- Purchases and services -€9,700
down €9,700 (-57.0%), from €17,006 to €7,306
- Financial income -€501
no longer reported in 2025 (was €501)
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,136 | €29,571 | +€1,435 | +5.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €28,136 | €29,571 | +€1,435 | +5.1% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €23,649 | €26,747 | +€3,098 | +13.1% |
| Trade receivables | 40 | €21,800 | €24,511 | +€2,711 | +12.4% |
| Other amounts receivable | 41 | €1,849 | €2,236 | +€387 | +20.9% |
| Cash at bank and in hand | 54/58 | €4,487 | €2,824 | -€1,663 | -37.1% |
| Total equity and liabilities | 10/49 | €28,136 | €29,571 | +€1,435 | +5.1% |
| Equity | 10/15 | €15,964 | €19,294 | +€3,330 | +20.9% |
| Contributions | 10/11 | €13,527 | €13,527 | = | 0.0% |
| Reserves | 13 | €8,057 | €8,057 | = | 0.0% |
| Distributable reserves | 133 | €8,057 | €8,057 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,619 | -€2,290 | +€3,330 | +59.3% |
| Amounts payable | 17/49 | €12,172 | €10,277 | -€1,895 | -15.6% |
| Amounts payable within one year | 42/48 | €12,172 | €10,277 | -€1,895 | -15.6% |
| Trade debts | 44 | €1,615 | €1,780 | +€165 | +10.2% |
| Suppliers | 440/4 | €1,615 | €1,780 | +€165 | +10.2% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €10,557 | €8,497 | -€2,060 | -19.5% |
| Turnover | 70 | €29,771 | €8,485 | -€21,286 | -71.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €17,006 | €7,306 | -€9,700 | -57.0% |
| Other operating charges | 640/8 | €670 | €387 | -€283 | -42.2% |
| Gross operating margin | 9900 | €12,765 | €1,179 | -€11,586 | -90.8% |
| Operating profit (loss) | 9901 | €12,095 | €792 | -€11,303 | -93.5% |
| Financial income | 75/76B | €501 | - | -€501 | |
| Recurring financial income | 75 | €501 | - | -€501 | |
| Financial charges | 65/66B | €293 | €213 | -€80 | -27.4% |
| Recurring financial charges | 65 | €293 | €213 | -€80 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | €12,302 | €579 | -€11,724 | -95.3% |
| Profit (loss) for the period | 9904 | €12,302 | €579 | -€11,724 | -95.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,302 | €579 | -€11,724 | -95.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 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.