JIFFY PACKAGING: 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.
What changed
JIFFY PACKAGING
NACE 22.220, Manufacture of rubber and plastic products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€728,200
2024 · €3.7m-€3.0m
Equity
€31.3m
2024 · €30.5m+€728,200
Cash
€79,298
2024 · €118,375-€39,077
Balance sheet total
€37.2m
2024 · €36.2m+€998,114
Largest movements
Assets
- Receivables within one year -€2.9m
down €2.9m (-37.6%), from €7.7m to €4.8m
of which Other amounts receivable: -€2.2m
- Tangible fixed assets +€2.1m
up €2.1m (+65.8%), from €3.2m to €5.2m
of which Plant, machinery and equipment: +€2.7m
- Receivables after one year +€1.6m
up €1.6m (+7.1%), from €22.4m to €24.0m
- Stocks and contracts +€439,016
up €439,016 (+17.2%), from €2.6m to €3.0m
Equity and liabilities
- Trade debts +€847,412
up €847,412 (+25.9%), from €3.3m to €4.1m
- Profit (loss) carried forward +€728,200
up €728,200 (+19.6%), from -€3.7m to -€3.0m
- Tax, wage and social debts -€545,498
down €545,498 (-23.5%), from €2.3m to €1.8m
of which Taxes: -€528,933
Income statement
- Turnover -€3.2m
down €3.2m (-11.1%), from €28.6m to €25.4m
- Goods and materials -€1.0m
down €1.0m (-9.9%), from €10.4m to €9.4m
of which Purchases: -€584,842
- Services and other goods +€694,309
up €694,309 (+10.9%), from €6.4m to €7.1m
- Taxes -€475,103
down €475,103 (-95.8%), from €495,682 to €20,579
- Financial income -€326,958
down €326,958 (-23.5%), from €1.4m to €1.1m
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.
Result 2024
€3.7m
Turnover
-€3.2m
Other operating income
-€45,323
Goods and materials
+€1.0m
Services and other goods
-€694,309
Staff costs
+€241,031
Depreciation
-€255,450
Write-downs
-€298,127
Provisions
-€4,657
Other operating charges
-€37,219
Other operating items
+€28,504
Financial income
-€326,958
Financial charges
+€40,492
Taxes
+€475,103
Result 2025
€728,200
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€2.8m
Investment
-€2.8m
Financing
€0
Cash 2024
€118,375
From operations (derived)
+€2.8m
Net result for the year
+€728,200
Depreciation
+€740,570
Receivables after one year
-€1.6m
Stocks and contracts
-€439,016
Receivables within one year
+€2.9m
Deferred charges and accrued income
+€156,753
Provisions
-€32,000
Trade debts
+€847,412
Tax, wage and social debts
-€545,498
Investment (derived)
-€2.8m
Investment in fixed assets (net)
-€2.8m
Cash 2025
€79,298
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,244,130 | €37,242,244 | +€998,114 | +2.8% |
| Fixed assets | 21/28 | €3,189,429 | €5,255,328 | +€2.1m | +64.8% |
| Intangible fixed assets | 21 | €26,506 | €13,257 | -€13,249 | -50.0% |
| Tangible fixed assets | 22/27 | €3,158,835 | €5,236,983 | +€2.1m | +65.8% |
| Land and buildings | 22 | €975,165 | €978,774 | +€3,609 | +0.4% |
| Plant, machinery and equipment | 23 | €1,358,670 | €4,015,122 | +€2.7m | +196% |
| Assets under construction and advance payments | 27 | €825,000 | €243,087 | -€581,913 | -70.5% |
| Financial fixed assets | 28 | €4,088 | €5,088 | +€1,000 | +24.5% |
| Other financial fixed assets | 284/8 | €4,088 | €5,088 | +€1,000 | +24.5% |
| Amounts receivable and cash guarantees | 285/8 | €4,088 | €5,088 | +€1,000 | +24.5% |
| Current assets | 29/58 | €33,054,701 | €31,986,916 | -€1.1m | -3.2% |
| Amounts receivable after more than one year | 29 | €22,409,000 | €24,009,000 | +€1.6m | +7.1% |
| Other amounts receivable | 291 | €22,409,000 | €24,009,000 | +€1.6m | +7.1% |
| Stocks and contracts in progress | 3 | €2,554,911 | €2,993,927 | +€439,016 | +17.2% |
| Stocks | 30/36 | €2,554,911 | €2,993,927 | +€439,016 | +17.2% |
| Raw materials and consumables | 30/31 | €1,686,776 | €2,108,484 | +€421,708 | +25.0% |
| Finished goods | 33 | €868,135 | €885,443 | +€17,308 | +2.0% |
| Amounts receivable within one year | 40/41 | €7,749,667 | €4,838,696 | -€2.9m | -37.6% |
| Trade receivables | 40 | €2,478,449 | €1,815,411 | -€663,038 | -26.8% |
| Other amounts receivable | 41 | €5,271,218 | €3,023,285 | -€2.2m | -42.6% |
| Cash at bank and in hand | 54/58 | €118,375 | €79,298 | -€39,077 | -33.0% |
| Deferred charges and accrued income | 490/1 | €222,748 | €65,995 | -€156,753 | -70.4% |
| Total equity and liabilities | 10/49 | €36,244,130 | €37,242,244 | +€998,114 | +2.8% |
| Equity | 10/15 | €30,523,875 | €31,252,075 | +€728,200 | +2.4% |
| Contributions | 10/11 | €28,065,360 | €28,065,360 | = | 0.0% |
| Capital | 10 | €239,969 | €239,969 | = | 0.0% |
| Issued capital | 100 | €239,969 | €239,969 | = | 0.0% |
| Contributions outside capital | 11 | €27,825,391 | €27,825,391 | = | 0.0% |
| Share premium | 1100/10 | €27,825,391 | €27,825,391 | = | 0.0% |
| Reserves | 13 | €6,166,196 | €6,166,196 | = | 0.0% |
| Non-distributable reserves | 130/1 | €211,523 | €211,523 | = | 0.0% |
| Legal reserve | 130 | €211,523 | €211,523 | = | 0.0% |
| Distributable reserves | 133 | €5,954,673 | €5,954,673 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,707,681 | -€2,979,481 | +€728,200 | +19.6% |
| Provisions and deferred taxes | 16 | €126,500 | €94,500 | -€32,000 | -25.3% |
| Provisions for liabilities and charges | 160/5 | €126,500 | €94,500 | -€32,000 | -25.3% |
| Major repairs and maintenance | 162 | €126,500 | €94,500 | -€32,000 | -25.3% |
| Amounts payable | 17/49 | €5,593,755 | €5,895,669 | +€301,914 | +5.4% |
| Amounts payable within one year | 42/48 | €5,593,755 | €5,895,669 | +€301,914 | +5.4% |
| Trade debts | 44 | €3,275,264 | €4,122,676 | +€847,412 | +25.9% |
| Suppliers | 440/4 | €3,275,264 | €4,122,676 | +€847,412 | +25.9% |
| Taxes, remuneration and social security | 45 | €2,318,491 | €1,772,993 | -€545,498 | -23.5% |
| Taxes | 450/3 | €879,530 | €350,597 | -€528,933 | -60.1% |
| Remuneration and social security | 454/9 | €1,438,961 | €1,422,396 | -€16,565 | -1.2% |
| Operating income | 70/76A | €28,946,135 | €25,754,740 | -€3.2m | -11.0% |
| Turnover | 70 | €28,609,633 | €25,445,784 | -€3.2m | -11.1% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€132,531 | -€118,748 | +€13,783 | +10.4% |
| Other operating income | 74 | €468,453 | €423,130 | -€45,323 | -9.7% |
| Non-recurring operating income | 76A | €580 | €4,574 | +€3,994 | +689% |
| Operating charges | 60/66A | €25,654,199 | €25,665,229 | +€11,030 | 0.0% |
| Goods for resale, raw materials and consumables | 60 | €10,377,504 | €9,350,530 | -€1.0m | -9.9% |
| Purchases | 600/8 | €10,312,831 | €9,727,989 | -€584,842 | -5.7% |
| Change in stocks: decrease (increase) | 609 | €64,673 | -€377,459 | -€442,132 | |
| Services and other goods | 61 | €6,376,628 | €7,070,937 | +€694,309 | +10.9% |
| Remuneration, social security and pensions | 62 | €8,324,864 | €8,083,833 | -€241,031 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €485,120 | €740,570 | +€255,450 | +52.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€189,542 | €108,585 | +€298,127 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€36,657 | -€32,000 | +€4,657 | +12.7% |
| Other operating charges | 640/8 | €305,554 | €342,773 | +€37,219 | +12.2% |
| Non-recurring operating charges | 66A | €10,728 | €1 | -€10,727 | -100.0% |
| Operating profit (loss) | 9901 | €3,291,936 | €89,511 | -€3.2m | -97.3% |
| Financial income | 75/76B | €1,391,568 | €1,064,610 | -€326,958 | -23.5% |
| Recurring financial income | 75 | €1,391,568 | €1,064,610 | -€326,958 | -23.5% |
| Other financial income | 752/9 | €1,391,568 | €1,064,610 | -€326,958 | -23.5% |
| Financial charges | 65/66B | €445,834 | €405,342 | -€40,492 | -9.1% |
| Recurring financial charges | 65 | €445,834 | €405,342 | -€40,492 | -9.1% |
| Debt charges | 650 | €2,416 | - | -€2,416 | |
| Other financial charges | 652/9 | €443,418 | €405,342 | -€38,076 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €4,237,670 | €748,779 | -€3.5m | -82.3% |
| Income taxes | 67/77 | €495,682 | €20,579 | -€475,103 | -95.8% |
| Taxes | 670/3 | €495,682 | €20,579 | -€475,103 | -95.8% |
| Profit (loss) for the period | 9904 | €3,741,988 | €728,200 | -€3.0m | -80.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,741,988 | €728,200 | -€3.0m | -80.5% |
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 16 October 2026 via checked.be.