Jardi: 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.
Jardi
Largest movements
- Receivables within one year -€36,012
down €36,012 (-23.1%), from €155,848 to €119,836
of which Other amounts receivable: -€29,392
- Tangible fixed assets -€24,655
down €24,655 (-8.8%), from €279,333 to €254,678
of which Land and buildings: -€15,978
- Cash -€14,750
down €14,750 (-59.6%), from €24,745 to €9,996
mainly Trade debts (-€55,012) and Debts after one year (-€26,304)
- Financial fixed assets -€6,000
down €6,000 (-33.2%), from €18,050 to €12,050
- Trade debts -€55,012
down €55,012 (-71.9%), from €76,536 to €21,525
- Debts after one year -€26,304
down €26,304 (-9.2%), from €287,142 to €260,838
- Gross operating margin -€34,711
down €34,711 (-42.9%), from €80,825 to €46,114
- Write-downs -€33,869
down €33,869 (-100.0%), from €33,869 to €0
- Financial charges -€2,407
down €2,407 (-18.6%), from €12,928 to €10,521
- Taxes +€1,533
up €1,533 (+845.0%), from €181 to €1,714
- Other operating charges -€1,399
down €1,399 (-36.2%), from €3,864 to €2,464
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €511,013 | €429,780 | -€81,233 | -15.9% |
| Fixed assets | 21/28 | €297,383 | €266,728 | -€30,655 | -10.3% |
| Tangible fixed assets | 22/27 | €279,333 | €254,678 | -€24,655 | -8.8% |
| Land and buildings | 22 | €207,978 | €192,000 | -€15,978 | -7.7% |
| Plant, machinery and equipment | 23 | €18,757 | €19,761 | +€1,004 | +5.4% |
| Furniture and vehicles | 24 | €52,598 | €42,917 | -€9,681 | -18.4% |
| Financial fixed assets | 28 | €18,050 | €12,050 | -€6,000 | -33.2% |
| Current assets | 29/58 | €213,631 | €163,052 | -€50,578 | -23.7% |
| Stocks and contracts in progress | 3 | €31,500 | €31,500 | = | 0.0% |
| Stocks | 30/36 | €6,000 | €6,000 | = | 0.0% |
| Contracts in progress | 37 | €25,500 | €25,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €155,848 | €119,836 | -€36,012 | -23.1% |
| Trade receivables | 40 | €44,328 | €37,708 | -€6,620 | -14.9% |
| Other amounts receivable | 41 | €111,520 | €82,129 | -€29,392 | -26.4% |
| Cash at bank and in hand | 54/58 | €24,745 | €9,996 | -€14,750 | -59.6% |
| Deferred charges and accrued income | 490/1 | €1,538 | €1,720 | +€183 | +11.9% |
| Total equity and liabilities | 10/49 | €511,013 | €429,780 | -€81,233 | -15.9% |
| Equity | 10/15 | €114,509 | €115,331 | +€822 | +0.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €108,309 | €109,131 | +€822 | +0.8% |
| Distributable reserves | 133 | €108,309 | €109,131 | +€822 | +0.8% |
| Amounts payable | 17/49 | €396,504 | €314,449 | -€82,056 | -20.7% |
| Amounts payable after more than one year | 17 | €287,142 | €260,838 | -€26,304 | -9.2% |
| Financial debts | 170/4 | €287,142 | €260,838 | -€26,304 | -9.2% |
| Amounts payable within one year | 42/48 | €109,362 | €53,611 | -€55,751 | -51.0% |
| Current portion of amounts payable after more than one year | 42 | €29,196 | €26,304 | -€2,892 | -9.9% |
| Financial debts | 43 | - | €1,570 | +€1,570 | |
| Credit institutions | 430/8 | - | €1,570 | +€1,570 | |
| Trade debts | 44 | €76,536 | €21,525 | -€55,012 | -71.9% |
| Suppliers | 440/4 | €76,536 | €21,525 | -€55,012 | -71.9% |
| Taxes, remuneration and social security | 45 | €3,630 | €4,212 | +€582 | +16.0% |
| Taxes | 450/3 | €3,000 | €4,212 | +€1,212 | +40.4% |
| Remuneration and social security | 454/9 | €630 | €0 | -€630 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,465 | €33,497 | +€1,032 | +3.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €33,869 | €0 | -€33,869 | -100.0% |
| Other operating charges | 640/8 | €3,864 | €2,464 | -€1,399 | -36.2% |
| Gross operating margin | 9900 | €80,825 | €46,114 | -€34,711 | -42.9% |
| Operating profit (loss) | 9901 | €10,627 | €10,153 | -€474 | -4.5% |
| Financial income | 75/76B | €2,685 | €2,905 | +€220 | +8.2% |
| Recurring financial income | 75 | €2,685 | €2,905 | +€220 | +8.2% |
| Financial charges | 65/66B | €12,928 | €10,521 | -€2,407 | -18.6% |
| Recurring financial charges | 65 | €12,928 | €10,521 | -€2,407 | -18.6% |
| Profit (loss) for the period before taxes | 9903 | €384 | €2,536 | +€2,153 | +561.2% |
| Income taxes | 67/77 | €181 | €1,714 | +€1,533 | +845.0% |
| Profit (loss) for the period | 9904 | €202 | €822 | +€620 | +306.5% |
| Profit (loss) for the period to be appropriated | 9905 | €202 | €822 | +€620 | +306.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.