JARDI -CREATION: 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 -CREATION
Largest movements
- Tangible fixed assets -€33,768
down €33,768 (-22.0%), from €153,552 to €119,784
of which Furniture and vehicles: -€32,791
- Receivables within one year -€29,452
down €29,452 (-26.4%), from €111,651 to €82,199
of which Trade receivables: -€30,449
- Stocks and contracts +€15,368
up €15,368 (+151%), from €10,156 to €25,524
- Deferred charges and accrued income +€12,964
up €12,964 (+713%), from €1,819 to €14,783
- Receivables after one year -€10,252
no longer reported in 2025 (was €10,252)
- Debts after one year -€26,141
down €26,141 (-20.2%), from €129,706 to €103,565
- Tax, wage and social debts -€17,062
down €17,062 (-37.4%), from €45,635 to €28,574
of which Taxes: -€13,321
- Current portion of long-term debt -€4,117
down €4,117 (-13.6%), from €30,258 to €26,141
- Staff costs +€39,800
up €39,800 (+22.9%), from €173,445 to €213,245
- Gross operating margin -€11,343
down €11,343 (-4.2%), from €272,353 to €261,010
- Taxes -€5,716
down €5,716 (-79.0%), from €7,232 to €1,515
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 | €364,918 | €323,105 | -€41,813 | -11.5% |
| Fixed assets | 21/28 | €156,289 | €130,801 | -€25,488 | -16.3% |
| Intangible fixed assets | 21 | €2,577 | €10,857 | +€8,280 | +321% |
| Tangible fixed assets | 22/27 | €153,552 | €119,784 | -€33,768 | -22.0% |
| Land and buildings | 22 | €100,000 | €100,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €2,896 | €570 | -€2,326 | -80.3% |
| Furniture and vehicles | 24 | €46,755 | €13,963 | -€32,791 | -70.1% |
| Other tangible fixed assets | 26 | €3,902 | €5,251 | +€1,350 | +34.6% |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €208,629 | €192,304 | -€16,325 | -7.8% |
| Amounts receivable after more than one year | 29 | €10,252 | - | -€10,252 | |
| Other amounts receivable | 291 | €10,252 | - | -€10,252 | |
| Stocks and contracts in progress | 3 | €10,156 | €25,524 | +€15,368 | +151% |
| Stocks | 30/36 | €10,156 | €25,524 | +€15,368 | +151% |
| Amounts receivable within one year | 40/41 | €111,651 | €82,199 | -€29,452 | -26.4% |
| Trade receivables | 40 | €110,985 | €80,536 | -€30,449 | -27.4% |
| Other amounts receivable | 41 | €666 | €1,663 | +€997 | +150% |
| Cash at bank and in hand | 54/58 | €74,752 | €69,798 | -€4,954 | -6.6% |
| Deferred charges and accrued income | 490/1 | €1,819 | €14,783 | +€12,964 | +713% |
| Total equity and liabilities | 10/49 | €364,918 | €323,105 | -€41,813 | -11.5% |
| Equity | 10/15 | €136,946 | €140,545 | +€3,599 | +2.6% |
| Contributions | 10/11 | €48,800 | €48,800 | = | 0.0% |
| Reserves | 13 | €88,146 | €91,745 | +€3,599 | +4.1% |
| Distributable reserves | 133 | €88,146 | €91,745 | +€3,599 | +4.1% |
| Amounts payable | 17/49 | €227,972 | €182,559 | -€45,413 | -19.9% |
| Amounts payable after more than one year | 17 | €129,706 | €103,565 | -€26,141 | -20.2% |
| Financial debts | 170/4 | €129,706 | €103,565 | -€26,141 | -20.2% |
| Amounts payable within one year | 42/48 | €98,245 | €78,994 | -€19,251 | -19.6% |
| Current portion of amounts payable after more than one year | 42 | €30,258 | €26,141 | -€4,117 | -13.6% |
| Trade debts | 44 | €18,893 | €21,076 | +€2,184 | +11.6% |
| Suppliers | 440/4 | €18,893 | €21,076 | +€2,184 | +11.6% |
| Taxes, remuneration and social security | 45 | €45,635 | €28,574 | -€17,062 | -37.4% |
| Taxes | 450/3 | €22,069 | €8,748 | -€13,321 | -60.4% |
| Remuneration and social security | 454/9 | €23,566 | €19,826 | -€3,741 | -15.9% |
| Other amounts payable | 47/48 | €3,459 | €3,203 | -€256 | -7.4% |
| Accrued charges and deferred income | 492/3 | €21 | - | -€21 | |
| Non-recurring operating income | 76A | €48,402 | €22,300 | -€26,102 | -53.9% |
| Remuneration, social security and pensions | 62 | €173,445 | €213,245 | +€39,800 | +22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,403 | €37,446 | +€43 | +0.1% |
| Other operating charges | 640/8 | €1,811 | €1,712 | -€99 | -5.5% |
| Gross operating margin | 9900 | €272,353 | €261,010 | -€11,343 | -4.2% |
| Operating profit (loss) | 9901 | €59,694 | €8,608 | -€51,087 | -85.6% |
| Financial income | 75/76B | €259 | €29 | -€230 | -88.8% |
| Recurring financial income | 75 | €259 | €29 | -€230 | -88.8% |
| Financial charges | 65/66B | €3,238 | €3,522 | +€284 | +8.8% |
| Recurring financial charges | 65 | €3,238 | €3,522 | +€284 | +8.8% |
| Profit (loss) for the period before taxes | 9903 | €56,716 | €5,115 | -€51,601 | -91.0% |
| Income taxes | 67/77 | €7,232 | €1,515 | -€5,716 | -79.0% |
| Profit (loss) for the period | 9904 | €49,484 | €3,599 | -€45,885 | -92.7% |
| Profit (loss) for the period to be appropriated | 9905 | €49,484 | €3,599 | -€45,885 | -92.7% |
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 24 October 2026 via checked.be.