JARONAL: what changed
Two fiscal 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.
JARONAL
Largest movements
- Receivables within one year +€251,922
up €251,922 (+78.4%), from €321,129 to €573,051
of which Trade receivables: +€252,056
- Cash +€130,190
up €130,190 (+215.7%), from €60,358 to €190,547
mainly Other debts (+€203,162) and Current portion of long-term debt (+€180,941)
- Tangible fixed assets -€67,257
down €67,257 (-3.6%), from €1.9m to €1.8m
of which Land and buildings: -€64,533
- Debts after one year -€369,189
down €369,189 (-26.3%), from €1.4m to €1.0m
- Other debts +€203,162
up €203,162 (+279.2%), from €72,753 to €275,916
- Current portion of long-term debt +€180,941
up €180,941 (+6284.7%), from €2,879 to €183,820
- Trade debts +€174,132
up €174,132 (+322.9%), from €53,925 to €228,057
- Profit (loss) carried forward +€66,794
up €66,794 (+17.0%), from €393,294 to €460,088
- Gross operating margin +€98,791
up €98,791 (+51.8%), from €190,887 to €289,679
- Taxes +€33,555
up €33,555 (+1275.5%), from €2,631 to €36,186
- Financial charges +€5,143
up €5,143 (+7.3%), from €70,907 to €76,050
- Other operating charges -€3,984
down €3,984 (-9.1%), from €43,860 to €39,876
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,233,774 | €2,548,660 | +€314,885 | +14.1% |
| Fixed assets | 21/28 | €1,851,578 | €1,784,321 | -€67,257 | -3.6% |
| Tangible fixed assets | 22/27 | €1,851,548 | €1,784,291 | -€67,257 | -3.6% |
| Land and buildings | 22 | €1,838,818 | €1,774,285 | -€64,533 | -3.5% |
| Plant, machinery and equipment | 23 | €12,730 | €10,006 | -€2,725 | -21.4% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €382,196 | €764,339 | +€382,143 | +100.0% |
| Amounts receivable within one year | 40/41 | €321,129 | €573,051 | +€251,922 | +78.4% |
| Trade receivables | 40 | €289,895 | €541,951 | +€252,056 | +86.9% |
| Other amounts receivable | 41 | €31,234 | €31,100 | -€134 | -0.4% |
| Cash at bank and in hand | 54/58 | €60,358 | €190,547 | +€130,190 | +215.7% |
| Deferred charges and accrued income | 490/1 | €709 | €741 | +€31 | +4.4% |
| Total equity and liabilities | 10/49 | €2,233,774 | €2,548,660 | +€314,885 | +14.1% |
| Equity | 10/15 | €698,220 | €768,529 | +€70,309 | +10.1% |
| Contributions | 10/11 | €213,642 | €213,642 | = | 0.0% |
| Capital | 10 | €213,642 | €213,642 | = | 0.0% |
| Issued capital | 100 | €213,642 | €213,642 | = | 0.0% |
| Reserves | 13 | €91,283 | €94,799 | +€3,515 | +3.9% |
| Non-distributable reserves | 130/1 | €10,114 | €13,629 | +€3,515 | +34.8% |
| Legal reserve | 130 | €10,114 | €13,629 | +€3,515 | +34.8% |
| Tax-exempt reserves | 132 | €50,869 | €50,869 | = | 0.0% |
| Distributable reserves | 133 | €30,300 | €30,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €393,294 | €460,088 | +€66,794 | +17.0% |
| Amounts payable | 17/49 | €1,535,555 | €1,780,131 | +€244,576 | +15.9% |
| Amounts payable after more than one year | 17 | €1,403,511 | €1,034,322 | -€369,189 | -26.3% |
| Financial debts | 170/4 | €1,403,511 | €1,034,322 | -€369,189 | -26.3% |
| Amounts payable within one year | 42/48 | €132,044 | €745,809 | +€613,765 | +464.8% |
| Current portion of amounts payable after more than one year | 42 | €2,879 | €183,820 | +€180,941 | +6284.7% |
| Trade debts | 44 | €53,925 | €228,057 | +€174,132 | +322.9% |
| Suppliers | 440/4 | €53,925 | €228,057 | +€174,132 | +322.9% |
| Taxes, remuneration and social security | 45 | €2,487 | €58,017 | +€55,530 | +2232.9% |
| Taxes | 450/3 | €2,487 | €58,017 | +€55,530 | +2232.9% |
| Other amounts payable | 47/48 | €72,753 | €275,916 | +€203,162 | +279.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,801 | €67,257 | +€456 | +0.7% |
| Other operating charges | 640/8 | €43,860 | €39,876 | -€3,984 | -9.1% |
| Gross operating margin | 9900 | €190,887 | €289,679 | +€98,791 | +51.8% |
| Operating profit (loss) | 9901 | €80,226 | €182,545 | +€102,319 | +127.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €70,907 | €76,050 | +€5,143 | +7.3% |
| Recurring financial charges | 65 | €70,907 | €76,050 | +€5,143 | +7.3% |
| Profit (loss) for the period before taxes | 9903 | €9,318 | €106,495 | +€97,176 | +1042.8% |
| Income taxes | 67/77 | €2,631 | €36,186 | +€33,555 | +1275.5% |
| Profit (loss) for the period | 9904 | €6,688 | €70,309 | +€63,621 | +951.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,688 | €70,309 | +€63,621 | +951.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.