JEDRAS (0442.976.135): financials and annual accounts

JEDRAS

Grimbergen ·KBO/BCE: BE 0442.976.135

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	517,938	506,031	542,873	552,015	527,250	481,415	509,050	546,012	507,289	547,363	598,450	649,093	664,943	583,717	623,179	623,824	647,909	678,450	713,213	617,257
Fixed assets`21/28`	446,444	450,964	441,831	460,881	454,674	444,789	494,359	540,506	501,236	546,951	585,616	635,036	656,364	582,229	622,624	621,059	647,909	677,901	708,505	601,594
Tangible fixed assets`22/27`	446,444	450,964	441,831	460,881	454,674	444,789	494,359	540,506	501,236	546,951	585,616	635,036	656,364	582,229	622,624	621,059	647,909	677,901	708,505	601,594
Land and buildings`22`	330,150	334,670	325,537	344,587	343,916	334,032	493,220	538,227	497,817	542,392	585,616	635,036	656,364	582,229	622,415	620,642	647,909	677,901	708,505	244,358
Plant, machinery and equipment`23`	-	-	-	-	-	0	1,140	2,280	3,419	4,559	-	-	-	-	209	417	-	-	-	-
Other tangible fixed assets`26`	116,294	116,294	116,294	116,294	110,758	110,758	-	-	-	-	-	-	-	-	-	-	-	-	-	269,814
Assets under construction and advance payments`27`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	87,423
Current assets`29/58`	71,494	55,067	101,042	91,134	72,576	36,626	14,691	5,505	6,053	412	12,834	14,058	8,579	1,489	555	2,765	-	549	4,709	15,663
Amounts receivable within one year`40/41`	16,565	10	119	15,010	15,010	15,000	-	-	1,125	-	6,875	13,900	-	-	-	-	-	-	-	-
Trade receivables`40`	604	0	109	15,000	15,000	15,000	-	-	1,125	-	6,875	13,900	-	-	-	-	-	-	-	-
Other amounts receivable`41`	15,961	10	10	10	10	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash at bank and in hand`54/58`	53,712	54,838	94,922	64,918	57,267	21,506	13,606	5,270	4,714	412	5,959	158	5,074	609	555	2,765	-	549	2,209	15,663
Deferred charges and accrued income`490/1`	1,217	219	6,001	11,207	300	120	1,085	236	214	-	-	-	3,505	880	-	-	-	-	2,500	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	517,938	506,031	542,873	552,015	527,250	481,415	509,050	546,012	507,289	547,363	598,450	649,093	664,943	583,717	623,179	623,824	647,909	678,450	713,213	617,257
Equity`10/15`	185,198	171,360	147,455	136,252	123,492	104,918	100,660	99,870	38,773	63,247	83,921	88,163	100,320	95,835	105,579	120,523	136,908	132,317	134,401	133,721
Contributions`10/11`	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000
Capital`10`	62,000	62,000	62,000	62,000	62,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issued capital`100`	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000	62,000
Revaluation surpluses`12`	185,000	185,000	185,000	185,000	185,000	185,000	185,000	185,000	120,000	120,000	120,000	120,000	120,000	120,000	120,000	120,000	120,000	120,000	120,000	120,000
Reserves`13`	339	339	339	339	339	339	339	339	339	339	339	339	339	339	339	339	339	339	339	339
Non-distributable reserves`130/1`	339	339	339	339	339	339	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	339	339	339	339	339	339	339	339	339	339	339	339	339	339	339	339	339	339	339	339
Profit (loss) carried forward`14`	-62,141	-75,979	-99,884	-111,087	-123,846	-142,420	-146,679	-147,468	-143,565	-119,092	-98,418	-94,176	-82,019	-86,504	-76,760	-61,816	-45,431	-50,022	-47,938	-48,618
Amounts payable`17/49`	332,740	334,672	395,418	415,763	403,757	376,497	408,390	446,141	468,516	484,116	514,529	560,930	564,624	487,882	517,599	503,301	511,002	546,133	578,812	483,536
Amounts payable after more than one year`17`	77,026	77,026	77,026	77,026	77,026	77,026	80,601	109,636	141,817	172,012	203,481	258,381	302,529	348,078	391,172	431,945	470,526	507,035	541,587	418,200
Financial debts`170/4`	-	-	-	-	-	0	3,575	32,610	64,791	94,986	126,455	181,355	225,504	271,052	314,146	354,919	393,500	430,009	464,561	363,767
Other amounts payable`178/9`	77,026	77,026	77,026	77,026	77,026	77,026	77,026	77,026	77,026	77,026	77,026	77,026	77,026	77,026	77,026	77,026	77,026	77,026	77,026	54,433
Amounts payable within one year`42/48`	254,214	257,646	318,392	335,092	325,982	299,471	327,790	334,005	326,699	312,104	310,398	298,537	262,094	139,804	124,928	71,357	40,476	38,179	36,105	65,336
Current portion of amounts payable after more than one year`42`	-	-	-	-	0	3,575	29,035	32,181	30,195	33,281	50,900	44,148	45,549	45,008	41,981	43,087	38,115	35,986	34,895	21,529
Financial debts`43`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	877	-	-	-
Credit institutions`430/8`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	877	-	-	-
Trade debts`44`	857	1,167	320	15,490	15,932	-	-	-	143	1,508	1,926	2,047	-	2,341	2,230	1,798	-	910	-	42,597
Suppliers`440/4`	857	1,167	320	15,490	15,932	-	-	-	143	1,508	1,926	2,047	-	2,341	2,230	1,798	-	910	-	42,597
Other amounts payable`47/48`	253,357	256,479	318,071	319,602	310,050	295,896	298,755	301,825	296,361	277,315	257,572	252,342	216,545	92,455	80,716	26,472	1,484	1,283	1,210	1,210
Accrued charges and deferred income`492/3`	1,500	-	0	3,645	750	-	-	2,500	-	-	650	4,012	-	-	1,500	-	-	919	1,120	-
Income statement
Gross operating margin`9900`	36,183	50,351	39,597	52,088	54,405	56,743	69,053	65,347	43,333	49,665	65,990	60,315	76,456	53,163	51,595	46,760	65,840	65,995	64,900	50,134
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	18,171	22,466	24,495	35,838	32,596	49,570	63,239	62,531	59,165	58,447	55,899	55,487	52,071	40,395	40,406	36,221	35,152	34,652	34,326	25,535
Other operating charges`640/8`	3,978	3,820	3,685	3,302	3,138	1,726	1,494	1,440	1,247	1,674	1,609	1,562	1,372	2,674	2,036	3,054	1,833	2,842	2,899	2,296
Non-recurring operating charges`66A`	-	-	-	-	-	-	-	-	-	-	-	-	-	370	-	-	-	-	-	-
Operating profit (loss)`9901`	14,034	24,065	11,417	12,949	18,671	5,447	4,319	1,375	-17,079	-10,455	8,482	3,266	23,013	10,095	9,153	7,485	28,855	28,500	27,675	22,303
Financial income`75/76B`	0	1	-	0	0	0	1	-	-	-	1	-	-	-	-	-	-	8	5	0
Recurring financial income`75`	0	1	-	0	0	0	1	-	-	-	1	-	-	-	-	-	-	8	5	0
Financial charges`65/66B`	196	161	213	189	97	1,189	3,531	5,278	7,395	10,219	12,724	15,423	18,528	19,469	24,097	23,869	24,265	30,591	26,999	22,660
Recurring financial charges`65`	196	161	213	189	97	1,189	3,531	5,278	7,395	10,219	12,724	15,423	18,528	19,469	24,097	23,869	24,265	30,591	26,999	22,660
Profit (loss) for the period before taxes`9903`	13,838	23,904	11,203	12,760	18,574	4,258	790	-3,903	-24,474	-20,674	-4,242	-12,157	4,485	-9,744	-14,944	-16,385	4,590	-2,083	681	-357
Income taxes`67/77`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	1	-
Profit (loss) for the period`9904`	13,838	23,904	11,203	12,760	18,574	4,258	790	-3,903	-24,474	-20,674	-4,242	-12,157	4,485	-9,744	-14,944	-16,385	4,590	-2,084	680	-357
Profit (loss) for the period to be appropriated`9905`	13,838	23,904	11,203	12,760	18,574	4,258	790	-3,903	-24,474	-20,674	-4,242	-12,157	4,485	-9,744	-14,944	-16,385	4,590	-2,084	680	-357
Appropriation of the result
Profit (loss) to be appropriated`9906`	-62,141	-75,979	-99,884	-111,087	-123,846	-142,420	-146,679	-147,468	-143,565	-119,092	-98,418	-94,176	-82,019	-86,504	-76,760	-61,816	-45,431	-50,022	-47,938	-48,618
Profit (loss) brought forward from the previous period`14P`	-75,979	-99,884	-111,087	-123,846	-142,420	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	28-07-2026	2026-00340822	PDF
31-12-2024	micro format	29-07-2025	2025-00322795	PDF
31-12-2023	micro format	30-08-2024	2024-00408727	PDF
31-12-2022	micro format	31-08-2023	2023-00389435	PDF
31-12-2021	micro format	06-09-2022	2022-20417035	PDF
31-12-2020	micro format	30-08-2021	2021-60000514	PDF
31-12-2019	micro format	31-07-2020	2020-36700319	PDF
31-12-2018	micro format	11-07-2019	2019-31100298	PDF
31-12-2017	micro format	27-09-2018	2018-67100396	PDF
31-12-2016	micro format	25-09-2017	2017-61900596	PDF
31-12-2015	abbreviated format	06-10-2016	2016-64400514	PDF
31-12-2014	abbreviated format	14-10-2015	2015-64700212	PDF
31-12-2013	abbreviated format	26-09-2014	2014-59900379	PDF
31-12-2012	abbreviated format	30-08-2013	2013-55200090	PDF
31-12-2011	abbreviated format	18-10-2012	2012-61100405	PDF
31-12-2010	abbreviated format	22-11-2011	2011-61200469	PDF
31-12-2009	abbreviated format	26-11-2010	2010-61300378	PDF
31-12-2008	abbreviated format	17-08-2009	2009-58400189	PDF
31-12-2007	abbreviated format	28-08-2008	2008-68400070	PDF
31-12-2006	abbreviated format	20-09-2007	2007-72800252	PDF
31-12-2005	abbreviated format	16-08-2006	2006-63404054	PDF
31-12-2004	abbreviated format	28-07-2005	2005-58804419	PDF
31-12-2003	abbreviated format	30-07-2004	2004-55701550	PDF
31-12-2002	abbreviated format	15-09-2003	2003-66604750	PDF
31-12-2001	abbreviated format	16-10-2002	2002-66401398	PDF
31-12-2000	abbreviated format	09-08-2001	2001-49305073	PDF
31-12-1999	abbreviated format	27-11-2000	2000-73303903	PDF
31-12-1998	abbreviated format	24-11-1999	1999-60200943	PDF
31-12-1997	abbreviated format	11-09-1998	1998-46302539	PDF
31-12-1996	abbreviated format	18-08-1997	1997-38101184	PDF
31-12-1995	abbreviated format	25-06-1996	1996-21401007	PDF
31-12-1994	abbreviated format	29-06-1995	1995-31701869	PDF
31-12-1993	abbreviated format	29-06-1994	1994-22300147	PDF
31-12-1992	abbreviated format	28-10-1993	1993-41402510	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
EBITDA	32,205	46,531	35,911	48,786	51,267	55,017	67,559	63,906	42,086	47,991	64,381	58,753	75,084	50,490	49,559	43,705	64,007	63,152	62,001	47,838
Cash flow	32,009	46,371	35,698	48,598	51,170	53,828	64,029	58,628	34,691	37,773	51,657	43,330	56,556	30,651	25,462	19,836	39,742	32,568	35,006	25,178
Investment in fixed assets (approximation)	13,651	31,599	5,445	42,045	42,481	-0	17,092	36,801	13,450	19,782	6,479	34,159	126,206	0	41,970	9,371	5,159	4,049	141,237	87,423
Change in cash	-1,126	-40,084	30,004	7,651	35,761	7,900	8,337	556	4,302	-5,547	5,801	-4,917	4,466	54	-2,210	-	-	-1,660	-13,454	-
Working capital	-182,720	-202,578	-217,350	-243,958	-253,405	-262,845	-313,099	-328,500	-320,646	-311,693	-297,564	-284,480	-253,515	-138,315	-124,373	-68,592	-	-37,630	-31,396	-49,673
Solvency	35.8%	33.9%	27.2%	24.7%	23.4%	21.8%	19.8%	18.3%	7.6%	11.6%	14.0%	13.6%	15.1%	16.4%	16.9%	19.3%	21.1%	19.5%	18.8%	21.7%
Current ratio	0.28	0.21	0.32	0.27	0.22	0.12	0.04	0.02	0.02	0.00	0.04	0.05	0.03	0.01	0.00	0.04	-	0.01	0.13	0.24
Debt to equity	1.80	1.95	2.68	3.05	3.27	3.59	4.06	4.47	12.08	7.65	6.13	6.36	5.63	5.09	4.90	4.18	3.73	4.13	4.31	3.62
ROE	7.5%	13.9%	7.6%	9.4%	15.0%	4.1%	0.8%	-3.9%	-63.1%	-32.7%	-5.1%	-13.8%	4.5%	-10.2%	-14.2%	-13.6%	3.4%	-1.6%	0.5%	-0.3%
ROA	2.7%	4.7%	2.1%	2.3%	3.5%	0.9%	0.2%	-0.7%	-4.8%	-3.8%	-0.7%	-1.9%	0.7%	-1.7%	-2.4%	-2.6%	0.7%	-0.3%	0.1%	-0.1%
Interest coverage	over 100	over 100	over 100	over 100	over 100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€13,651	€31,599	€5,445	€42,045	€42,481
Depreciation and write-downs of the year	€18,171	€22,466	€24,495	€35,838	€32,596

JEDRAS

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Filed annual accounts

Filings

Key figures and ratios

Investments

Insights on JEDRAS

Next steps