JUBILANT LIFE SCIENCES: 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.
What changed
JUBILANT LIFE SCIENCES
NACE 46.851, Wholesale of industrial chemicals
fiscal year 2025 against 2026filed annual accounts (NBB)
Net result for the year
€2.0m
2025 · €1.3m+€686,910
Equity
€8.9m
2025 · €6.9m+€2.0m
Cash
€871,990
2025 · €1.6m-€760,482
Balance sheet total
€24.4m
2025 · €33.8m-€9.4m
Largest movements
Assets
- Receivables within one year -€6.2m
down €6.2m (-27.8%), from €22.4m to €16.2m
of which Trade receivables: -€6.2m
- Stocks and contracts -€2.4m
down €2.4m (-24.7%), from €9.7m to €7.3m
- Cash -€760,482
down €760,482 (-46.6%), from €1.6m to €871,990
mainly Debts after one year (-€8.4m) and Trade debts (-€2.9m)
Equity and liabilities
- Debts after one year -€8.4m
down €8.4m (-47.3%), from €17.8m to €9.4m
- Trade debts -€2.9m
down €2.9m (-32.4%), from €8.9m to €6.0m
- Profit (loss) carried forward +€2.0m
up €2.0m (+29.8%), from €6.8m to €8.8m
Income statement
- Turnover -€17.3m
down €17.3m (-27.1%), from €63.9m to €46.6m
- Goods and materials -€17.3m
down €17.3m (-28.5%), from €60.6m to €43.3m
of which Purchases: -€17.1m
- Financial income +€1.2m
up €1.2m (+576.4%), from €216,477 to €1.5m
From the 2025 result to the 2026 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 2025
€1.3m
Turnover
-€17.3m
Other operating income
+€24,874
Goods and materials
+€17.3m
Services and other goods
-€3,010
Staff costs
-€423,089
Depreciation
-€1,568
Other operating charges
-€517
Financial income
+€1.2m
Financial charges
+€122,468
Taxes
-€227,756
Result 2026
€2.0m
Cash bridge derived
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€7.7m
Investment
-€4,841
Financing
-€8.4m
Cash 2025
€1.6m
From operations (derived)
+€7.7m
Net result for the year
+€2.0m
Depreciation
+€4,926
Stocks and contracts
+€2.4m
Receivables within one year
+€6.2m
Deferred charges and accrued income
-€1,684
Trade debts
-€2.9m
Tax, wage and social debts
-€71,307
Investment (derived)
-€4,841
Investment in fixed assets (net)
-€4,841
Financing
-€8.4m
Debts after one year
-€8.4m
Short-term financial debts
+€3,651
Cash 2026
€871,990
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €33,752,568 | €24,383,026 | -€9.4m | -27.8% |
| Fixed assets | 21/28 | €20,507 | €20,422 | -€85 | -0.4% |
| Tangible fixed assets | 22/27 | €15,607 | €12,472 | -€3,135 | -20.1% |
| Furniture and vehicles | 24 | €15,607 | €12,472 | -€3,135 | -20.1% |
| Financial fixed assets | 28 | €4,900 | €7,950 | +€3,050 | +62.2% |
| Other financial fixed assets | 284/8 | €4,900 | €7,950 | +€3,050 | +62.2% |
| Amounts receivable and cash guarantees | 285/8 | €4,900 | €7,950 | +€3,050 | +62.2% |
| Current assets | 29/58 | €33,732,061 | €24,362,604 | -€9.4m | -27.8% |
| Stocks and contracts in progress | 3 | €9,676,346 | €7,287,688 | -€2.4m | -24.7% |
| Stocks | 30/36 | €9,676,346 | €7,287,688 | -€2.4m | -24.7% |
| Raw materials and consumables | 30/31 | €9,676,346 | €7,287,688 | -€2.4m | -24.7% |
| Amounts receivable within one year | 40/41 | €22,393,390 | €16,171,390 | -€6.2m | -27.8% |
| Trade receivables | 40 | €22,343,172 | €16,120,569 | -€6.2m | -27.9% |
| Other amounts receivable | 41 | €50,218 | €50,820 | +€602 | +1.2% |
| Cash at bank and in hand | 54/58 | €1,632,472 | €871,990 | -€760,482 | -46.6% |
| Deferred charges and accrued income | 490/1 | €29,852 | €31,537 | +€1,684 | +5.6% |
| Total equity and liabilities | 10/49 | €33,752,568 | €24,383,026 | -€9.4m | -27.8% |
| Equity | 10/15 | €6,876,442 | €8,893,004 | +€2.0m | +29.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,766,442 | €8,783,004 | +€2.0m | +29.8% |
| Amounts payable | 17/49 | €26,876,127 | €15,490,023 | -€11.4m | -42.4% |
| Amounts payable after more than one year | 17 | €17,820,679 | €9,397,024 | -€8.4m | -47.3% |
| Other amounts payable | 178/9 | €17,820,679 | €9,397,024 | -€8.4m | -47.3% |
| Amounts payable within one year | 42/48 | €9,055,447 | €6,092,998 | -€3.0m | -32.7% |
| Financial debts | 43 | - | €3,651 | +€3,651 | |
| Credit institutions | 430/8 | - | €3,651 | +€3,651 | |
| Trade debts | 44 | €8,944,374 | €6,049,582 | -€2.9m | -32.4% |
| Suppliers | 440/4 | €8,944,374 | €6,049,582 | -€2.9m | -32.4% |
| Taxes, remuneration and social security | 45 | €111,073 | €39,765 | -€71,307 | -64.2% |
| Taxes | 450/3 | €110,373 | €39,765 | -€70,607 | -64.0% |
| Remuneration and social security | 454/9 | €700 | - | -€700 | |
| Operating income | 70/76A | €63,937,899 | €46,621,741 | -€17.3m | -27.1% |
| Turnover | 70 | €63,909,407 | €46,568,375 | -€17.3m | -27.1% |
| Other operating income | 74 | €28,492 | €53,366 | +€24,874 | +87.3% |
| Operating charges | 60/66A | €61,367,105 | €44,506,454 | -€16.9m | -27.5% |
| Goods for resale, raw materials and consumables | 60 | €60,612,062 | €43,323,227 | -€17.3m | -28.5% |
| Purchases | 600/8 | €58,065,493 | €40,960,124 | -€17.1m | -29.5% |
| Change in stocks: decrease (increase) | 609 | €2,546,569 | €2,363,103 | -€183,466 | -7.2% |
| Services and other goods | 61 | €368,730 | €371,740 | +€3,010 | +0.8% |
| Remuneration, social security and pensions | 62 | €380,031 | €803,120 | +€423,089 | +111.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,357 | €4,926 | +€1,568 | +46.7% |
| Other operating charges | 640/8 | €2,924 | €3,440 | +€517 | +17.7% |
| Operating profit (loss) | 9901 | €2,570,794 | €2,115,287 | -€455,507 | -17.7% |
| Financial income | 75/76B | €216,477 | €1,464,182 | +€1.2m | +576.4% |
| Recurring financial income | 75 | €216,477 | €1,464,182 | +€1.2m | +576.4% |
| Other financial income | 752/9 | €216,477 | €1,464,182 | +€1.2m | +576.4% |
| Financial charges | 65/66B | €1,007,888 | €885,419 | -€122,468 | -12.2% |
| Recurring financial charges | 65 | €1,007,888 | €885,419 | -€122,468 | -12.2% |
| Debt charges | 650 | €712,945 | €545,083 | -€167,861 | -23.5% |
| Other financial charges | 652/9 | €294,943 | €340,336 | +€45,393 | +15.4% |
| Profit (loss) for the period before taxes | 9903 | €1,779,384 | €2,694,050 | +€914,667 | +51.4% |
| Income taxes | 67/77 | €449,731 | €677,488 | +€227,756 | +50.6% |
| Taxes | 670/3 | €449,731 | €677,488 | +€227,756 | +50.6% |
| Profit (loss) for the period | 9904 | €1,329,652 | €2,016,562 | +€686,910 | +51.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,329,652 | €2,016,562 | +€686,910 | +51.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.