S.A. JOURDAN: 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
S.A. JOURDAN
NACE 47.812, Retail trade
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€5,042
2023 · -€39,906+€34,864
Equity
€86,260
2023 · €105,953-€19,693
Cash
€32,524
2023 · €14,374+€18,150
Balance sheet total
€1.9m
2023 · €2.3m-€397,837
Largest movements
Assets
- Stocks and contracts -€143,061
down €143,061 (-49.6%), from €288,258 to €145,197
of which Stocks: -€233,061
- Deferred charges and accrued income -€112,535
down €112,535 (-94.7%), from €118,777 to €6,242
- Tangible fixed assets -€82,859
down €82,859 (-12.3%), from €674,587 to €591,727
of which Land and buildings: -€48,878
- Receivables within one year -€77,533
down €77,533 (-6.7%), from €1.2m to €1.1m
of which Trade receivables: -€97,358
Equity and liabilities
- Trade debts -€228,328
down €228,328 (-41.5%), from €549,651 to €321,323
- Debts after one year -€86,209
down €86,209 (-31.3%), from €275,780 to €189,571
- Tax, wage and social debts -€50,395
down €50,395 (-38.1%), from €132,398 to €82,003
of which Taxes: -€55,717
Income statement
- Gross operating margin +€37,900
up €37,900 (+11.3%), from €336,522 to €374,422
- Staff costs +€10,011
up €10,011 (+4.2%), from €239,775 to €249,786
- Depreciation -€4,702
down €4,702 (-4.7%), from €100,413 to €95,711
From the 2023 result to the 2024 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 2023
-€39,906
Gross operating margin
+€37,900
Staff costs
-€10,011
Depreciation
+€4,702
Write-downs
+€1,239
Other operating charges
-€1,862
Financial income
+€1,001
Financial charges
+€1,895
Result 2024
-€5,042
raises the resultlowers the result
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€130,237
Investment
-€12,852
Financing
-€99,235
Cash 2023
€14,374
From operations (derived)
+€130,237
Net result for the year
-€5,042
Depreciation
+€95,711
Stocks and contracts
+€143,061
Receivables within one year
+€77,533
Deferred charges and accrued income
+€112,535
Trade debts
-€228,328
Tax, wage and social debts
-€50,395
Other debts
-€14,838
Investment (derived)
-€12,852
Investment in fixed assets (net)
-€12,852
Financing
-€99,235
Debts after one year
-€86,209
Current portion of long-term debt
+€1,625
Contributions, distributions and other
-€14,651
Cash 2024
€32,524
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,289,778 | €1,891,941 | -€397,837 | -17.4% |
| Fixed assets | 21/28 | €708,562 | €625,702 | -€82,859 | -11.7% |
| Tangible fixed assets | 22/27 | €674,587 | €591,727 | -€82,859 | -12.3% |
| Land and buildings | 22 | €597,282 | €548,403 | -€48,878 | -8.2% |
| Plant, machinery and equipment | 23 | €21,038 | €15,664 | -€5,374 | -25.5% |
| Furniture and vehicles | 24 | €2,612 | €832 | -€1,779 | -68.1% |
| Leasing and similar rights | 25 | €53,655 | €26,828 | -€26,828 | -50.0% |
| Financial fixed assets | 28 | €33,975 | €33,975 | = | 0.0% |
| Current assets | 29/58 | €1,581,217 | €1,266,239 | -€314,978 | -19.9% |
| Stocks and contracts in progress | 3 | €288,258 | €145,197 | -€143,061 | -49.6% |
| Stocks | 30/36 | €233,061 | €0 | -€233,061 | -100% |
| Contracts in progress | 37 | €55,197 | €145,197 | +€90,000 | +163% |
| Amounts receivable within one year | 40/41 | €1,159,808 | €1,082,275 | -€77,533 | -6.7% |
| Trade receivables | 40 | €1,105,229 | €1,007,871 | -€97,358 | -8.8% |
| Other amounts receivable | 41 | €54,579 | €74,404 | +€19,825 | +36.3% |
| Cash at bank and in hand | 54/58 | €14,374 | €32,524 | +€18,150 | +126% |
| Deferred charges and accrued income | 490/1 | €118,777 | €6,242 | -€112,535 | -94.7% |
| Total equity and liabilities | 10/49 | €2,289,778 | €1,891,941 | -€397,837 | -17.4% |
| Equity | 10/15 | €105,953 | €86,260 | -€19,693 | -18.6% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €12,998 | €12,998 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €5,498 | €5,498 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,859 | -€9,786 | -€11,645 | |
| Investment grants | 15 | €16,096 | €8,048 | -€8,048 | -50.0% |
| Amounts payable | 17/49 | €2,183,825 | €1,805,681 | -€378,144 | -17.3% |
| Amounts payable after more than one year | 17 | €275,780 | €189,571 | -€86,209 | -31.3% |
| Financial debts | 170/4 | €275,780 | €189,571 | -€86,209 | -31.3% |
| Amounts payable within one year | 42/48 | €1,908,045 | €1,616,110 | -€291,935 | -15.3% |
| Current portion of amounts payable after more than one year | 42 | €108,836 | €110,461 | +€1,625 | +1.5% |
| Financial debts | 43 | €8,246 | €8,246 | = | 0.0% |
| Credit institutions | 430/8 | €8,246 | €8,246 | = | 0.0% |
| Trade debts | 44 | €549,651 | €321,323 | -€228,328 | -41.5% |
| Suppliers | 440/4 | €549,651 | €321,323 | -€228,328 | -41.5% |
| Taxes, remuneration and social security | 45 | €132,398 | €82,003 | -€50,395 | -38.1% |
| Taxes | 450/3 | €106,425 | €50,708 | -€55,717 | -52.4% |
| Remuneration and social security | 454/9 | €25,973 | €31,295 | +€5,322 | +20.5% |
| Other amounts payable | 47/48 | €1,108,914 | €1,094,076 | -€14,838 | -1.3% |
| Remuneration, social security and pensions | 62 | €239,775 | €249,786 | +€10,011 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €100,413 | €95,711 | -€4,702 | -4.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,239 | €0 | -€1,239 | -100% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €26,873 | €28,735 | +€1,862 | +6.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €336,522 | €374,422 | +€37,900 | +11.3% |
| Operating profit (loss) | 9901 | -€31,778 | €190 | +€31,968 | |
| Financial income | 75/76B | €8,085 | €9,086 | +€1,001 | +12.4% |
| Recurring financial income | 75 | €8,085 | €9,086 | +€1,001 | +12.4% |
| Financial charges | 65/66B | €16,214 | €14,318 | -€1,895 | -11.7% |
| Recurring financial charges | 65 | €16,214 | €14,318 | -€1,895 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | -€39,906 | -€5,042 | +€34,864 | +87.4% |
| Profit (loss) for the period | 9904 | -€39,906 | -€5,042 | +€34,864 | +87.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€39,906 | -€5,042 | +€34,864 | +87.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.