Jordico: 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.
Jordico
Largest movements
- Tangible fixed assets +€375,390
up €375,390 (+49.5%), from €758,400 to €1.1m
of which Land and buildings: +€378,676
- Receivables within one year +€112,424
up €112,424 (+99.2%), from €113,359 to €225,783
of which Trade receivables: +€67,920
- Financial fixed assets +€25,000
up €25,000 (+17.3%), from €144,561 to €169,561
- Debts after one year +€432,546
up €432,546 (+81.0%), from €533,765 to €966,311
of which Other amounts payable: +€230,000
- Other debts +€147,435
up €147,435 (+661%), from €22,294 to €169,729
- Reserves -€91,270
down €91,270 (-17.2%), from €530,806 to €439,536
- Tax, wage and social debts +€23,276
up €23,276 (+973%), from €2,391 to €25,667
of which Taxes: +€23,250
- Current portion of long-term debt +€17,540
up €17,540 (+67.9%), from €25,841 to €43,381
- Gross operating margin -€66,493
down €66,493 (-31.5%), from €211,359 to €144,866
- Taxes -€21,467
down €21,467 (-72.9%), from €29,451 to €7,983
- Depreciation +€17,375
up €17,375 (+119%), from €14,634 to €32,009
- Financial charges +€13,577
up €13,577 (+50.9%), from €26,682 to €40,259
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 | €1,173,977 | €1,685,495 | +€511,518 | +43.6% |
| Fixed assets | 21/28 | €902,961 | €1,303,351 | +€400,390 | +44.3% |
| Tangible fixed assets | 22/27 | €758,400 | €1,133,790 | +€375,390 | +49.5% |
| Land and buildings | 22 | €591,311 | €969,987 | +€378,676 | +64.0% |
| Plant, machinery and equipment | 23 | €7,204 | €5,343 | -€1,860 | -25.8% |
| Furniture and vehicles | 24 | €4,713 | €3,287 | -€1,426 | -30.3% |
| Other tangible fixed assets | 26 | €155,172 | €155,172 | = | 0.0% |
| Financial fixed assets | 28 | €144,561 | €169,561 | +€25,000 | +17.3% |
| Current assets | 29/58 | €271,017 | €382,145 | +€111,128 | +41.0% |
| Amounts receivable after more than one year | 29 | €139,390 | €139,390 | = | 0.0% |
| Other amounts receivable | 291 | €139,390 | €139,390 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €113,359 | €225,783 | +€112,424 | +99.2% |
| Trade receivables | 40 | €40,500 | €108,420 | +€67,920 | +168% |
| Other amounts receivable | 41 | €72,859 | €117,363 | +€44,504 | +61.1% |
| Cash at bank and in hand | 54/58 | €16,219 | €14,184 | -€2,035 | -12.5% |
| Deferred charges and accrued income | 490/1 | €2,048 | €2,787 | +€739 | +36.1% |
| Total equity and liabilities | 10/49 | €1,173,977 | €1,685,495 | +€511,518 | +43.6% |
| Equity | 10/15 | €540,806 | €449,536 | -€91,270 | -16.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €530,806 | €439,536 | -€91,270 | -17.2% |
| Distributable reserves | 133 | €530,806 | €439,536 | -€91,270 | -17.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €633,171 | €1,235,959 | +€602,788 | +95.2% |
| Amounts payable after more than one year | 17 | €533,765 | €966,311 | +€432,546 | +81.0% |
| Financial debts | 170/4 | €263,765 | €466,311 | +€202,546 | +76.8% |
| Other amounts payable | 178/9 | €270,000 | €500,000 | +€230,000 | +85.2% |
| Amounts payable within one year | 42/48 | €62,065 | €239,389 | +€177,324 | +286% |
| Current portion of amounts payable after more than one year | 42 | €25,841 | €43,381 | +€17,540 | +67.9% |
| Trade debts | 44 | €11,539 | €612 | -€10,927 | -94.7% |
| Suppliers | 440/4 | €11,539 | €612 | -€10,927 | -94.7% |
| Taxes, remuneration and social security | 45 | €2,391 | €25,667 | +€23,276 | +973% |
| Taxes | 450/3 | €33 | €23,283 | +€23,250 | +69,757% |
| Remuneration and social security | 454/9 | €2,358 | €2,384 | +€26 | +1.1% |
| Other amounts payable | 47/48 | €22,294 | €169,729 | +€147,435 | +661% |
| Accrued charges and deferred income | 492/3 | €37,341 | €30,259 | -€7,082 | -19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,634 | €32,009 | +€17,375 | +119% |
| Other operating charges | 640/8 | €627 | €885 | +€258 | +41.2% |
| Gross operating margin | 9900 | €211,359 | €144,866 | -€66,493 | -31.5% |
| Operating profit (loss) | 9901 | €196,099 | €111,972 | -€84,127 | -42.9% |
| Financial income | 75/76B | €0 | €0 | +€0 | +900% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +900% |
| Financial charges | 65/66B | €26,682 | €40,259 | +€13,577 | +50.9% |
| Recurring financial charges | 65 | €26,682 | €40,259 | +€13,577 | +50.9% |
| Profit (loss) for the period before taxes | 9903 | €169,417 | €71,713 | -€97,704 | -57.7% |
| Income taxes | 67/77 | €29,451 | €7,983 | -€21,467 | -72.9% |
| Profit (loss) for the period | 9904 | €139,966 | €63,730 | -€76,237 | -54.5% |
| Profit (loss) for the period to be appropriated | 9905 | €139,966 | €63,730 | -€76,237 | -54.5% |
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 29 October 2026 via checked.be.