JORDEJO: 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.
JORDEJO
Largest movements
- Receivables within one year +€12,614
up €12,614 (+64.6%), from €19,527 to €32,142
of which Trade receivables: +€19,150
- Cash +€11,265
up €11,265 (+9.9%), from €113,486 to €124,751
mainly Other debts (+€73,668) and Net result for the year (+€72,793)
- Tangible fixed assets -€6,208
down €6,208 (-29.1%), from €21,346 to €15,137
of which Furniture and vehicles: -€10,027
- Other debts +€73,668
up €73,668 (+12165.4%), from €606 to €74,273
- Reserves -€57,382
down €57,382 (-41.6%), from €137,821 to €80,439
- Tax, wage and social debts +€8,141
up €8,141 (+71.1%), from €11,455 to €19,596
- Current portion of long-term debt -€2,814
down €2,814 (-100.0%), from €2,814 to €0
- Trade debts -€2,073
down €2,073 (-58.6%), from €3,537 to €1,464
- Gross operating margin +€19,736
up €19,736 (+23.7%), from €83,380 to €103,116
- Taxes +€3,795
up €3,795 (+25.1%), from €15,133 to €18,927
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.
Cash bridge derived
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 | €157,458 | €176,772 | +€19,314 | +12.3% |
| Fixed assets | 21/28 | €21,346 | €15,137 | -€6,208 | -29.1% |
| Tangible fixed assets | 22/27 | €21,346 | €15,137 | -€6,208 | -29.1% |
| Plant, machinery and equipment | 23 | - | €3,819 | +€3,819 | |
| Furniture and vehicles | 24 | €21,346 | €11,318 | -€10,027 | -47.0% |
| Current assets | 29/58 | €136,113 | €161,635 | +€25,523 | +18.8% |
| Amounts receivable within one year | 40/41 | €19,527 | €32,142 | +€12,614 | +64.6% |
| Trade receivables | 40 | €12,987 | €32,136 | +€19,150 | +147.5% |
| Other amounts receivable | 41 | €6,540 | €5 | -€6,535 | -99.9% |
| Cash at bank and in hand | 54/58 | €113,486 | €124,751 | +€11,265 | +9.9% |
| Deferred charges and accrued income | 490/1 | €3,099 | €4,742 | +€1,643 | +53.0% |
| Total equity and liabilities | 10/49 | €157,458 | €176,772 | +€19,314 | +12.3% |
| Equity | 10/15 | €138,821 | €81,439 | -€57,382 | -41.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €137,821 | €80,439 | -€57,382 | -41.6% |
| Distributable reserves | 133 | €137,821 | €80,439 | -€57,382 | -41.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €18,637 | €95,333 | +€76,696 | +411.5% |
| Amounts payable within one year | 42/48 | €18,412 | €95,333 | +€76,921 | +417.8% |
| Current portion of amounts payable after more than one year | 42 | €2,814 | €0 | -€2,814 | -100.0% |
| Trade debts | 44 | €3,537 | €1,464 | -€2,073 | -58.6% |
| Suppliers | 440/4 | €3,537 | €1,464 | -€2,073 | -58.6% |
| Taxes, remuneration and social security | 45 | €11,455 | €19,596 | +€8,141 | +71.1% |
| Taxes | 450/3 | €11,455 | €19,596 | +€8,141 | +71.1% |
| Other amounts payable | 47/48 | €606 | €74,273 | +€73,668 | +12165.4% |
| Accrued charges and deferred income | 492/3 | €225 | €0 | -€225 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,027 | €10,593 | +€565 | +5.6% |
| Other operating charges | 640/8 | €701 | €666 | -€35 | -5.0% |
| Gross operating margin | 9900 | €83,380 | €103,116 | +€19,736 | +23.7% |
| Operating profit (loss) | 9901 | €72,651 | €91,857 | +€19,206 | +26.4% |
| Financial charges | 65/66B | €137 | €137 | -€0 | -0.1% |
| Recurring financial charges | 65 | €137 | €137 | -€0 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €72,514 | €91,720 | +€19,206 | +26.5% |
| Income taxes | 67/77 | €15,133 | €18,927 | +€3,795 | +25.1% |
| Profit (loss) for the period | 9904 | €57,382 | €72,793 | +€15,411 | +26.9% |
| Profit (loss) for the period to be appropriated | 9905 | €57,382 | €72,793 | +€15,411 | +26.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.