EMMANUELLE JADOT: 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.
EMMANUELLE JADOT
Largest movements
- Cash +€21,679
up €21,679 (+21.3%), from €101,972 to €123,651
mainly Net result for the year (+€34,742) and Other debts (+€20,089)
- Tangible fixed assets +€10,346
up €10,346 (+44.8%), from €23,106 to €33,453
of which Furniture and vehicles: +€8,548
- Other debts +€20,089
up €20,089 (+454%), from €4,421 to €24,511
- Reserves +€12,520
up €12,520 (+13.0%), from €96,150 to €108,670
- Trade debts -€2,398
down €2,398 (-58.0%), from €4,133 to €1,736
- Gross operating margin +€15,024
up €15,024 (+37.2%), from €40,338 to €55,361
- Taxes +€3,416
up €3,416 (+32.3%), from €10,566 to €13,983
- Depreciation +€1,324
up €1,324 (+35.3%), from €3,752 to €5,076
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 | €144,075 | €175,012 | +€30,937 | +21.5% |
| Fixed assets | 21/28 | €23,181 | €33,528 | +€10,346 | +44.6% |
| Tangible fixed assets | 22/27 | €23,106 | €33,453 | +€10,346 | +44.8% |
| Plant, machinery and equipment | 23 | €1,252 | €959 | -€293 | -23.4% |
| Furniture and vehicles | 24 | €2,067 | €10,615 | +€8,548 | +414% |
| Other tangible fixed assets | 26 | €19,787 | €21,879 | +€2,092 | +10.6% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €120,894 | €141,484 | +€20,590 | +17.0% |
| Amounts receivable within one year | 40/41 | €12,591 | €11,303 | -€1,288 | -10.2% |
| Trade receivables | 40 | €11,795 | €11,303 | -€492 | -4.2% |
| Other amounts receivable | 41 | €796 | - | -€796 | |
| Cash at bank and in hand | 54/58 | €101,972 | €123,651 | +€21,679 | +21.3% |
| Deferred charges and accrued income | 490/1 | €6,331 | €6,531 | +€199 | +3.1% |
| Total equity and liabilities | 10/49 | €144,075 | €175,012 | +€30,937 | +21.5% |
| Equity | 10/15 | €134,338 | €146,063 | +€11,725 | +8.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €96,150 | €108,670 | +€12,520 | +13.0% |
| Distributable reserves | 133 | €96,150 | €108,670 | +€12,520 | +13.0% |
| Profit (loss) carried forward | 14 | €19,588 | €18,793 | -€795 | -4.1% |
| Amounts payable | 17/49 | €9,738 | €28,949 | +€19,212 | +197% |
| Amounts payable within one year | 42/48 | €9,725 | €28,399 | +€18,674 | +192% |
| Trade debts | 44 | €4,133 | €1,736 | -€2,398 | -58.0% |
| Suppliers | 440/4 | €4,133 | €1,736 | -€2,398 | -58.0% |
| Taxes, remuneration and social security | 45 | €1,170 | €2,153 | +€983 | +84.0% |
| Taxes | 450/3 | €1,170 | €2,153 | +€983 | +84.0% |
| Other amounts payable | 47/48 | €4,421 | €24,511 | +€20,089 | +454% |
| Accrued charges and deferred income | 492/3 | €13 | €550 | +€537 | +4,160% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,752 | €5,076 | +€1,324 | +35.3% |
| Other operating charges | 640/8 | €1,187 | €1,104 | -€83 | -7.0% |
| Gross operating margin | 9900 | €40,338 | €55,361 | +€15,024 | +37.2% |
| Operating profit (loss) | 9901 | €35,398 | €49,181 | +€13,783 | +38.9% |
| Financial income | 75/76B | €208 | €15 | -€193 | -92.9% |
| Recurring financial income | 75 | €208 | €15 | -€193 | -92.9% |
| Financial charges | 65/66B | €529 | €471 | -€58 | -11.0% |
| Recurring financial charges | 65 | €529 | €471 | -€58 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €35,077 | €48,725 | +€13,648 | +38.9% |
| Income taxes | 67/77 | €10,566 | €13,983 | +€3,416 | +32.3% |
| Profit (loss) for the period | 9904 | €24,511 | €34,742 | +€10,232 | +41.7% |
| Profit (loss) for the period to be appropriated | 9905 | €24,511 | €34,742 | +€10,232 | +41.7% |
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 17 October 2026 via checked.be.