JARDI CHRIS: 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 CHRIS
Largest movements
- Tangible fixed assets +€82,863
up €82,863 (+52.9%), from €156,645 to €239,508
of which Land and buildings: +€41,667
- Cash +€60,259
up €60,259 (+440%), from €13,694 to €73,953
mainly Debts after one year (+€45,202) and Trade debts (+€44,107)
- Receivables within one year -€6,490
down €6,490 (-21.1%), from €30,697 to €24,207
of which Trade receivables: -€14,231
- Debts after one year +€45,202
up €45,202 (+36.7%), from €123,120 to €168,322
- Trade debts +€44,107
up €44,107 (+277%), from €15,934 to €60,041
- Profit (loss) carried forward +€23,401
up €23,401 (+80.4%), from -€29,113 to -€5,712
- Current portion of long-term debt +€14,664
up €14,664 (+73.6%), from €19,915 to €34,580
- Other debts +€6,973
up €6,973 (+19.1%), from €36,500 to €43,473
- Gross operating margin +€78,873
up €78,873 (+113%), from €69,875 to €148,748
- Staff costs +€38,635
up €38,635 (+75.2%), from €51,389 to €90,024
- Depreciation +€3,705
up €3,705 (+21.8%), from €17,006 to €20,711
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 | €201,384 | €338,083 | +€136,698 | +67.9% |
| Fixed assets | 21/28 | €156,645 | €239,508 | +€82,863 | +52.9% |
| Tangible fixed assets | 22/27 | €156,645 | €239,508 | +€82,863 | +52.9% |
| Land and buildings | 22 | €113,198 | €154,865 | +€41,667 | +36.8% |
| Plant, machinery and equipment | 23 | €37,687 | €54,393 | +€16,707 | +44.3% |
| Furniture and vehicles | 24 | €5,760 | €30,250 | +€24,489 | +425% |
| Current assets | 29/58 | €44,739 | €98,575 | +€53,835 | +120% |
| Amounts receivable within one year | 40/41 | €30,697 | €24,207 | -€6,490 | -21.1% |
| Trade receivables | 40 | €29,712 | €15,481 | -€14,231 | -47.9% |
| Other amounts receivable | 41 | €985 | €8,726 | +€7,741 | +786% |
| Cash at bank and in hand | 54/58 | €13,694 | €73,953 | +€60,259 | +440% |
| Deferred charges and accrued income | 490/1 | €349 | €415 | +€66 | +19.0% |
| Total equity and liabilities | 10/49 | €201,384 | €338,083 | +€136,698 | +67.9% |
| Equity | 10/15 | -€1,360 | €22,041 | +€23,401 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €25,253 | €25,253 | = | 0.0% |
| Distributable reserves | 133 | €25,253 | €25,253 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,113 | -€5,712 | +€23,401 | +80.4% |
| Amounts payable | 17/49 | €202,744 | €316,041 | +€113,297 | +55.9% |
| Amounts payable after more than one year | 17 | €123,120 | €168,322 | +€45,202 | +36.7% |
| Financial debts | 170/4 | €123,120 | €168,322 | +€45,202 | +36.7% |
| Amounts payable within one year | 42/48 | €79,624 | €147,320 | +€67,696 | +85.0% |
| Current portion of amounts payable after more than one year | 42 | €19,915 | €34,580 | +€14,664 | +73.6% |
| Trade debts | 44 | €15,934 | €60,041 | +€44,107 | +277% |
| Suppliers | 440/4 | €15,934 | €60,041 | +€44,107 | +277% |
| Taxes, remuneration and social security | 45 | €7,275 | €9,227 | +€1,952 | +26.8% |
| Taxes | 450/3 | €1,828 | €814 | -€1,013 | -55.4% |
| Remuneration and social security | 454/9 | €5,448 | €8,413 | +€2,965 | +54.4% |
| Other amounts payable | 47/48 | €36,500 | €43,473 | +€6,973 | +19.1% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Remuneration, social security and pensions | 62 | €51,389 | €90,024 | +€38,635 | +75.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,006 | €20,711 | +€3,705 | +21.8% |
| Other operating charges | 640/8 | €4,374 | €3,191 | -€1,183 | -27.0% |
| Non-recurring operating charges | 66A | €10,355 | - | -€10,355 | |
| Gross operating margin | 9900 | €69,875 | €148,748 | +€78,873 | +113% |
| Operating profit (loss) | 9901 | -€13,250 | €34,822 | +€48,072 | |
| Financial charges | 65/66B | €10,728 | €11,607 | +€880 | +8.2% |
| Recurring financial charges | 65 | €10,728 | €11,607 | +€880 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | -€23,977 | €23,215 | +€47,192 | |
| Income taxes | 67/77 | €220 | -€186 | -€406 | |
| Profit (loss) for the period | 9904 | -€24,197 | €23,401 | +€47,598 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,197 | €23,401 | +€47,598 |
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 27 October 2026 via checked.be.