Jardin Royale: 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.
Jardin Royale
Largest movements
- Tangible fixed assets +€243,701
up €243,701 (+102%), from €237,921 to €481,622
- Cash +€114,426
up €114,426 (+152%), from €75,344 to €189,770
mainly Tax, wage and social debts (+€110,604) and Other debts (+€102,078)
- Stocks and contracts +€42,066
new in 2025: €42,066
- Tax, wage and social debts +€110,604
new in 2025: €110,604
of which Remuneration and social security: +€91,516
- Other debts +€102,078
up €102,078 (+102%), from €100,000 to €202,078
- Debts after one year +€61,631
up €61,631 (+34.6%), from €177,881 to €239,512
- Reserves +€44,912
new in 2025: €44,912
- Trade debts +€37,693
up €37,693 (+50.8%), from €74,184 to €111,877
- Gross operating margin +€958,619
up €958,619, from -€12,765 to €945,854
- Staff costs +€792,933
new in 2025: €792,933
- Depreciation +€62,841
up €62,841 (+1,704%), from €3,688 to €66,528
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 | €352,384 | €751,666 | +€399,282 | +113% |
| Fixed assets | 21/28 | €237,921 | €481,622 | +€243,701 | +102% |
| Tangible fixed assets | 22/27 | €237,921 | €481,622 | +€243,701 | +102% |
| Plant, machinery and equipment | 23 | €30,440 | €121,412 | +€90,972 | +299% |
| Furniture and vehicles | 24 | - | €46,319 | +€46,319 | |
| Other tangible fixed assets | 26 | €207,481 | €313,892 | +€106,411 | +51.3% |
| Current assets | 29/58 | €114,463 | €270,044 | +€155,581 | +136% |
| Stocks and contracts in progress | 3 | - | €42,066 | +€42,066 | |
| Stocks | 30/36 | - | €42,066 | +€42,066 | |
| Amounts receivable within one year | 40/41 | €38,864 | €38,209 | -€655 | -1.7% |
| Trade receivables | 40 | €13,332 | €38,209 | +€24,877 | +187% |
| Other amounts receivable | 41 | €25,532 | €0 | -€25,532 | -100% |
| Cash at bank and in hand | 54/58 | €75,344 | €189,770 | +€114,426 | +152% |
| Deferred charges and accrued income | 490/1 | €256 | €0 | -€256 | -100% |
| Total equity and liabilities | 10/49 | €352,384 | €751,666 | +€399,282 | +113% |
| Equity | 10/15 | -€21,486 | €48,912 | +€70,399 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | - | €44,912 | +€44,912 | |
| Distributable reserves | 133 | - | €44,912 | +€44,912 | |
| Profit (loss) carried forward | 14 | -€25,486 | €0 | +€25,486 | |
| Amounts payable | 17/49 | €373,870 | €702,754 | +€328,884 | +88.0% |
| Amounts payable after more than one year | 17 | €177,881 | €239,512 | +€61,631 | +34.6% |
| Financial debts | 170/4 | €177,881 | €239,512 | +€61,631 | +34.6% |
| Amounts payable within one year | 42/48 | €195,989 | €463,242 | +€267,253 | +136% |
| Current portion of amounts payable after more than one year | 42 | €21,805 | €38,683 | +€16,878 | +77.4% |
| Trade debts | 44 | €74,184 | €111,877 | +€37,693 | +50.8% |
| Suppliers | 440/4 | €74,184 | €111,877 | +€37,693 | +50.8% |
| Taxes, remuneration and social security | 45 | - | €110,604 | +€110,604 | |
| Taxes | 450/3 | - | €19,088 | +€19,088 | |
| Remuneration and social security | 454/9 | - | €91,516 | +€91,516 | |
| Other amounts payable | 47/48 | €100,000 | €202,078 | +€102,078 | +102% |
| Remuneration, social security and pensions | 62 | - | €792,933 | +€792,933 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,688 | €66,528 | +€62,841 | +1,704% |
| Other operating charges | 640/8 | - | €3,276 | +€3,276 | |
| Gross operating margin | 9900 | -€12,765 | €945,854 | +€958,619 | |
| Operating profit (loss) | 9901 | -€16,452 | €83,117 | +€99,569 | |
| Financial income | 75/76B | €2 | €6,322 | +€6,320 | +266,646% |
| Recurring financial income | 75 | €2 | €6,322 | +€6,320 | +266,646% |
| Financial charges | 65/66B | €9,036 | €14,558 | +€5,522 | +61.1% |
| Recurring financial charges | 65 | €9,036 | €14,558 | +€5,522 | +61.1% |
| Profit (loss) for the period before taxes | 9903 | -€25,486 | €74,880 | +€100,367 | |
| Income taxes | 67/77 | - | €4,482 | +€4,482 | |
| Profit (loss) for the period | 9904 | -€25,486 | €70,399 | +€95,885 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,486 | €70,399 | +€95,885 |
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 28 October 2026 via checked.be.