JARDILUX: 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.
JARDILUX
Largest movements
- Receivables within one year -€82,416
down €82,416 (-37.9%), from €217,518 to €135,103
of which Trade receivables: -€48,601
- Cash +€63,262
up €63,262 (+19.1%), from €330,806 to €394,068
mainly Receivables within one year (+€82,416) and Depreciation (+€11,608)
- Tangible fixed assets -€14,134
down €14,134 (-63.5%), from €22,275 to €8,140
of which Plant, machinery and equipment: -€10,037
- Financial fixed assets -€8,681
down €8,681 (-63.9%), from €13,591 to €4,910
- Trade debts -€21,547
down €21,547 (-70.7%), from €30,466 to €8,919
- Other debts -€19,546
down €19,546 (-47.3%), from €41,286 to €21,740
- Profit (loss) carried forward -€10,906
down €10,906 (-7.5%), from €146,070 to €135,164
- Tax, wage and social debts +€7,008
up €7,008 (+52.6%), from €13,320 to €20,328
of which Taxes: +€14,414
- Gross operating margin -€238,069
down €238,069 (-97.2%), from €244,984 to €6,914
- Staff costs -€167,842
no longer reported in 2025 (was €167,842)
- Other operating charges -€33,018
down €33,018 (-89.0%), from €37,087 to €4,069
- Financial charges -€8,481
down €8,481 (-75.8%), from €11,191 to €2,709
- Taxes -€6,287
down €6,287 (-99.8%), from €6,300 to €14
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 | €608,514 | €558,111 | -€50,403 | -8.3% |
| Fixed assets | 21/28 | €35,866 | €13,050 | -€22,816 | -63.6% |
| Tangible fixed assets | 22/27 | €22,275 | €8,140 | -€14,134 | -63.5% |
| Land and buildings | 22 | €2,598 | €2,189 | -€409 | -15.8% |
| Plant, machinery and equipment | 23 | €14,982 | €4,945 | -€10,037 | -67.0% |
| Furniture and vehicles | 24 | €4,694 | €1,006 | -€3,688 | -78.6% |
| Financial fixed assets | 28 | €13,591 | €4,910 | -€8,681 | -63.9% |
| Current assets | 29/58 | €572,648 | €545,060 | -€27,588 | -4.8% |
| Stocks and contracts in progress | 3 | €16,927 | €12,577 | -€4,350 | -25.7% |
| Stocks | 30/36 | €16,927 | €12,577 | -€4,350 | -25.7% |
| Amounts receivable within one year | 40/41 | €217,518 | €135,103 | -€82,416 | -37.9% |
| Trade receivables | 40 | €175,003 | €126,403 | -€48,601 | -27.8% |
| Other amounts receivable | 41 | €42,515 | €8,700 | -€33,815 | -79.5% |
| Cash at bank and in hand | 54/58 | €330,806 | €394,068 | +€63,262 | +19.1% |
| Deferred charges and accrued income | 490/1 | €7,397 | €3,313 | -€4,084 | -55.2% |
| Total equity and liabilities | 10/49 | €608,514 | €558,111 | -€50,403 | -8.3% |
| Equity | 10/15 | €518,028 | €507,123 | -€10,906 | -2.1% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €306,958 | €306,958 | = | 0.0% |
| Distributable reserves | 133 | €306,958 | €306,958 | = | 0.0% |
| Profit (loss) carried forward | 14 | €146,070 | €135,164 | -€10,906 | -7.5% |
| Amounts payable | 17/49 | €90,486 | €50,988 | -€39,497 | -43.7% |
| Amounts payable within one year | 42/48 | €86,661 | €50,988 | -€35,672 | -41.2% |
| Current portion of amounts payable after more than one year | 42 | €1,589 | - | -€1,589 | |
| Trade debts | 44 | €30,466 | €8,919 | -€21,547 | -70.7% |
| Suppliers | 440/4 | €30,466 | €8,919 | -€21,547 | -70.7% |
| Taxes, remuneration and social security | 45 | €13,320 | €20,328 | +€7,008 | +52.6% |
| Taxes | 450/3 | €5,915 | €20,328 | +€14,414 | +244% |
| Remuneration and social security | 454/9 | €7,405 | - | -€7,405 | |
| Other amounts payable | 47/48 | €41,286 | €21,740 | -€19,546 | -47.3% |
| Accrued charges and deferred income | 492/3 | €3,825 | - | -€3,825 | |
| Remuneration, social security and pensions | 62 | €167,842 | - | -€167,842 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,857 | €11,608 | -€3,249 | -21.9% |
| Other operating charges | 640/8 | €37,087 | €4,069 | -€33,018 | -89.0% |
| Non-recurring operating charges | 66A | €498 | - | -€498 | |
| Gross operating margin | 9900 | €244,984 | €6,914 | -€238,069 | -97.2% |
| Operating profit (loss) | 9901 | €24,700 | -€8,762 | -€33,463 | |
| Financial income | 75/76B | €585 | €580 | -€5 | -0.9% |
| Recurring financial income | 75 | €585 | €580 | -€5 | -0.9% |
| Financial charges | 65/66B | €11,191 | €2,709 | -€8,481 | -75.8% |
| Recurring financial charges | 65 | €11,191 | €2,709 | -€8,481 | -75.8% |
| Profit (loss) for the period before taxes | 9903 | €14,094 | -€10,892 | -€24,986 | |
| Income taxes | 67/77 | €6,300 | €14 | -€6,287 | -99.8% |
| Profit (loss) for the period | 9904 | €7,794 | -€10,906 | -€18,700 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,794 | -€10,906 | -€18,700 |
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 22 October 2026 via checked.be.