JYSK: 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
JYSK
NACE 47.552, Retail sale of lighting equipment
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€4.2m
2024 · €1.6m+€2.6m
Equity
€14.7m
2024 · €14.7m-€53,756
Cash
€11.5m
2024 · €6.0m+€5.5m
Balance sheet total
€40.2m
2024 · €34.3m+€5.9m
Largest movements
Assets
- Cash +€5.5m
up €5.5m (+91.4%), from €6.0m to €11.5m
mainly Net result for the year (+€4.2m) and Depreciation (+€3.8m)
- Stocks and contracts +€1.2m
up €1.2m (+10.2%), from €11.5m to €12.6m
- Tangible fixed assets -€761,263
down €761,263 (-4.9%), from €15.6m to €14.8m
of which Assets under construction and advance payments: -€628,904
Equity and liabilities
- Other debts +€3.2m
up €3.2m (+49.1%), from €6.5m to €9.7m
- Tax, wage and social debts +€1.0m
up €1.0m (+19.2%), from €5.5m to €6.5m
of which Remuneration and social security: +€657,419
- Trade debts +€909,112
up €909,112 (+72.2%), from €1.3m to €2.2m
- Advances received +€539,250
up €539,250 (+42.8%), from €1.3m to €1.8m
Income statement
- Turnover +€27.1m
up €27.1m (+26.9%), from €100.9m to €128.0m
- Goods and materials +€11.3m
up €11.3m (+24.8%), from €45.6m to €56.9m
of which Purchases: +€12.9m
- Services and other goods +€8.0m
up €8.0m (+25.2%), from €31.8m to €39.9m
- Staff costs +€3.3m
up €3.3m (+19.7%), from €16.9m to €20.2m
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
€1.6m
Turnover
+€27.1m
Other operating income
+€23,172
Goods and materials
-€11.3m
Services and other goods
-€8.0m
Staff costs
-€3.3m
Depreciation
-€463,675
Write-downs
-€5,968
Other operating charges
-€619,757
Other operating items
+€256,307
Financial income
-€2,006
Financial charges
-€88,130
Taxes
-€923,662
Result 2025
€4.2m
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.
From operations
+€12.8m
Investment
-€3.0m
Financing
-€4.3m
Cash 2024
€6.0m
From operations (derived)
+€12.8m
Net result for the year
+€4.2m
Depreciation
+€3.8m
Stocks and contracts
-€1.2m
Receivables within one year
+€1,319
Deferred charges and accrued income
-€42,372
Trade debts
+€909,112
Tax, wage and social debts
+€1.0m
Advances received
+€539,250
Other debts
+€3.2m
Accrued charges and deferred income
+€303,123
Investment (derived)
-€3.0m
Investment in fixed assets (net)
-€3.0m
Financing
-€4.3m
Contributions, distributions and other
-€4.3m
Cash 2025
€11.5m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,276,168 | €40,222,773 | +€5.9m | +17.3% |
| Fixed assets | 21/28 | €15,624,175 | €14,855,621 | -€768,555 | -4.9% |
| Intangible fixed assets | 21 | €17,622 | €10,330 | -€7,292 | -41.4% |
| Tangible fixed assets | 22/27 | €15,606,553 | €14,845,290 | -€761,263 | -4.9% |
| Plant, machinery and equipment | 23 | €1,929,592 | €1,734,052 | -€195,539 | -10.1% |
| Furniture and vehicles | 24 | €4,684,986 | €4,308,974 | -€376,012 | -8.0% |
| Other tangible fixed assets | 26 | €7,868,068 | €8,307,261 | +€439,193 | +5.6% |
| Assets under construction and advance payments | 27 | €1,123,907 | €495,002 | -€628,904 | -56.0% |
| Current assets | 29/58 | €18,651,993 | €25,367,152 | +€6.7m | +36.0% |
| Stocks and contracts in progress | 3 | €11,452,685 | €12,624,345 | +€1.2m | +10.2% |
| Stocks | 30/36 | €11,452,685 | €12,624,345 | +€1.2m | +10.2% |
| Goods purchased for resale | 34 | €11,452,685 | €12,624,345 | +€1.2m | +10.2% |
| Amounts receivable within one year | 40/41 | €464,851 | €463,532 | -€1,319 | -0.3% |
| Trade receivables | 40 | €276,337 | €182,478 | -€93,860 | -34.0% |
| Other amounts receivable | 41 | €188,513 | €281,054 | +€92,541 | +49.1% |
| Cash at bank and in hand | 54/58 | €6,018,942 | €11,521,388 | +€5.5m | +91.4% |
| Deferred charges and accrued income | 490/1 | €715,516 | €757,887 | +€42,372 | +5.9% |
| Total equity and liabilities | 10/49 | €34,276,168 | €40,222,773 | +€5.9m | +17.3% |
| Equity | 10/15 | €14,737,724 | €14,683,968 | -€53,756 | -0.4% |
| Contributions | 10/11 | €8,000,000 | €8,000,000 | = | 0.0% |
| Reserves | 13 | €6,737,724 | €6,683,968 | -€53,756 | -0.8% |
| Distributable reserves | 133 | €6,737,724 | €6,683,968 | -€53,756 | -0.8% |
| Amounts payable | 17/49 | €19,538,445 | €25,538,805 | +€6.0m | +30.7% |
| Amounts payable within one year | 42/48 | €14,491,324 | €20,188,561 | +€5.7m | +39.3% |
| Trade debts | 44 | €1,259,260 | €2,168,371 | +€909,112 | +72.2% |
| Suppliers | 440/4 | €1,259,260 | €2,168,371 | +€909,112 | +72.2% |
| Advances received on contracts in progress | 46 | €1,259,973 | €1,799,223 | +€539,250 | +42.8% |
| Taxes, remuneration and social security | 45 | €5,452,911 | €6,500,320 | +€1.0m | +19.2% |
| Taxes | 450/3 | €2,168,286 | €2,558,276 | +€389,990 | +18.0% |
| Remuneration and social security | 454/9 | €3,284,625 | €3,942,044 | +€657,419 | +20.0% |
| Other amounts payable | 47/48 | €6,519,180 | €9,720,647 | +€3.2m | +49.1% |
| Accrued charges and deferred income | 492/3 | €5,047,121 | €5,350,244 | +€303,123 | +6.0% |
| Operating income | 70/76A | €101,449,573 | €128,603,140 | +€27.2m | +26.8% |
| Turnover | 70 | €100,920,433 | €128,033,695 | +€27.1m | +26.9% |
| Other operating income | 74 | €529,139 | €552,312 | +€23,172 | +4.4% |
| Non-recurring operating income | 76A | - | €17,133 | +€17,133 | |
| Operating charges | 60/66A | €98,789,787 | €122,295,572 | +€23.5m | +23.8% |
| Goods for resale, raw materials and consumables | 60 | €45,566,938 | €56,871,449 | +€11.3m | +24.8% |
| Purchases | 600/8 | €45,106,714 | €58,040,547 | +€12.9m | +28.7% |
| Change in stocks: decrease (increase) | 609 | €460,224 | -€1,169,098 | -€1.6m | |
| Services and other goods | 61 | €31,826,318 | €39,854,623 | +€8.0m | +25.2% |
| Remuneration, social security and pensions | 62 | €16,889,688 | €20,212,430 | +€3.3m | +19.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,321,331 | €3,785,006 | +€463,675 | +14.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€8,529 | -€2,562 | +€5,968 | +70.0% |
| Other operating charges | 640/8 | €923,495 | €1,543,252 | +€619,757 | +67.1% |
| Non-recurring operating charges | 66A | €270,547 | €31,373 | -€239,174 | -88.4% |
| Operating profit (loss) | 9901 | €2,659,785 | €6,307,568 | +€3.6m | +137.1% |
| Financial income | 75/76B | €9,815 | €7,810 | -€2,006 | -20.4% |
| Recurring financial income | 75 | €9,815 | €7,810 | -€2,006 | -20.4% |
| Income from current assets | 751 | €1,073 | - | -€1,073 | |
| Other financial income | 752/9 | €8,743 | €7,810 | -€933 | -10.7% |
| Financial charges | 65/66B | €408,928 | €497,058 | +€88,130 | +21.6% |
| Recurring financial charges | 65 | €408,928 | €497,058 | +€88,130 | +21.6% |
| Debt charges | 650 | €8,164 | €5,784 | -€2,380 | -29.2% |
| Other financial charges | 652/9 | €400,763 | €491,273 | +€90,510 | +22.6% |
| Profit (loss) for the period before taxes | 9903 | €2,260,673 | €5,818,320 | +€3.6m | +157.4% |
| Income taxes | 67/77 | €664,414 | €1,588,076 | +€923,662 | +139.0% |
| Taxes | 670/3 | €664,414 | €1,588,076 | +€923,662 | +139.0% |
| Profit (loss) for the period | 9904 | €1,596,259 | €4,230,244 | +€2.6m | +165.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,596,259 | €4,230,244 | +€2.6m | +165.0% |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.