JARDISART: 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.
JARDISART
Largest movements
- Cash -€49,960
down €49,960 (-14.2%), from €352,461 to €302,501
mainly Contributions, distributions and other (-€150,086) and Investment in fixed assets (net) (-€43,803)
- Stocks and contracts +€40,990
up €40,990 (+22.1%), from €185,857 to €226,847
- Tangible fixed assets -€18,851
down €18,851 (-10.4%), from €181,072 to €162,222
of which Plant, machinery and equipment: -€28,809
- Reserves -€139,197
down €139,197 (-29.8%), from €467,843 to €328,647
of which Distributable reserves: -€139,197
- Other debts +€129,694
new in 2025: €129,694
- Staff costs +€16,592
up €16,592 (+4.3%), from €382,631 to €399,223
- Gross operating margin +€9,561
up €9,561 (+2.0%), from €476,444 to €486,005
- Financial charges -€8,593
down €8,593 (-59.2%), from €14,527 to €5,934
- Depreciation +€5,835
up €5,835 (+10.3%), from €56,818 to €62,654
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 | €1,105,466 | €1,083,772 | -€21,694 | -2.0% |
| Fixed assets | 21/28 | €181,584 | €162,733 | -€18,851 | -10.4% |
| Tangible fixed assets | 22/27 | €181,072 | €162,222 | -€18,851 | -10.4% |
| Land and buildings | 22 | €35,000 | €35,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €114,596 | €85,787 | -€28,809 | -25.1% |
| Furniture and vehicles | 24 | €31,476 | €41,435 | +€9,959 | +31.6% |
| Financial fixed assets | 28 | €512 | €512 | = | 0.0% |
| Current assets | 29/58 | €923,882 | €921,038 | -€2,843 | -0.3% |
| Stocks and contracts in progress | 3 | €185,857 | €226,847 | +€40,990 | +22.1% |
| Stocks | 30/36 | €185,857 | €226,847 | +€40,990 | +22.1% |
| Amounts receivable within one year | 40/41 | €49,705 | €50,276 | +€571 | +1.1% |
| Trade receivables | 40 | €16,663 | €41,894 | +€25,230 | +151% |
| Other amounts receivable | 41 | €33,042 | €8,383 | -€24,659 | -74.6% |
| Current investments | 50/53 | €333,000 | €333,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €352,461 | €302,501 | -€49,960 | -14.2% |
| Deferred charges and accrued income | 490/1 | €2,858 | €8,414 | +€5,555 | +194% |
| Total equity and liabilities | 10/49 | €1,105,466 | €1,083,772 | -€21,694 | -2.0% |
| Equity | 10/15 | €990,364 | €851,167 | -€139,197 | -14.1% |
| Contributions | 10/11 | €123,947 | €123,947 | = | 0.0% |
| Capital | 10 | €123,947 | €123,947 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Reserves | 13 | €467,843 | €328,647 | -€139,197 | -29.8% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Distributable reserves | 133 | €455,449 | €316,252 | -€139,197 | -30.6% |
| Profit (loss) carried forward | 14 | €398,574 | €398,574 | = | 0.0% |
| Amounts payable | 17/49 | €115,102 | €232,605 | +€117,503 | +102% |
| Amounts payable after more than one year | 17 | €16,382 | €6,374 | -€10,007 | -61.1% |
| Financial debts | 170/4 | €16,382 | €6,374 | -€10,007 | -61.1% |
| Amounts payable within one year | 42/48 | €98,720 | €226,230 | +€127,510 | +129% |
| Current portion of amounts payable after more than one year | 42 | €9,752 | €10,007 | +€255 | +2.6% |
| Trade debts | 44 | €20,755 | €21,377 | +€622 | +3.0% |
| Suppliers | 440/4 | €20,755 | €21,377 | +€622 | +3.0% |
| Taxes, remuneration and social security | 45 | €68,213 | €65,151 | -€3,062 | -4.5% |
| Taxes | 450/3 | €11,621 | €21,413 | +€9,792 | +84.3% |
| Remuneration and social security | 454/9 | €56,592 | €43,739 | -€12,853 | -22.7% |
| Other amounts payable | 47/48 | - | €129,694 | +€129,694 | |
| Remuneration, social security and pensions | 62 | €382,631 | €399,223 | +€16,592 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,818 | €62,654 | +€5,835 | +10.3% |
| Other operating charges | 640/8 | €3,089 | €3,405 | +€317 | +10.2% |
| Gross operating margin | 9900 | €476,444 | €486,005 | +€9,561 | +2.0% |
| Operating profit (loss) | 9901 | €33,906 | €20,723 | -€13,183 | -38.9% |
| Financial income | 75/76B | €4,112 | €2,824 | -€1,288 | -31.3% |
| Recurring financial income | 75 | €4,112 | €2,824 | -€1,288 | -31.3% |
| Financial charges | 65/66B | €14,527 | €5,934 | -€8,593 | -59.2% |
| Recurring financial charges | 65 | €14,527 | €5,934 | -€8,593 | -59.2% |
| Profit (loss) for the period before taxes | 9903 | €23,490 | €17,612 | -€5,877 | -25.0% |
| Income taxes | 67/77 | €9,675 | €6,723 | -€2,952 | -30.5% |
| Profit (loss) for the period | 9904 | €13,815 | €10,890 | -€2,925 | -21.2% |
| Profit (loss) for the period to be appropriated | 9905 | €13,815 | €10,890 | -€2,925 | -21.2% |
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 25 October 2026 via checked.be.