INNOVATION JEDI: what changed
INNOVATION JEDI
Largest movements
- Receivables within one year -€40,682
down €40,682 (-54.6%), from €74,519 to €33,837
of which Trade receivables: -€39,815
- Cash +€27,298
up €27,298 (+121%), from €22,637 to €49,934
mainly Other debts (+€42,854) and Receivables within one year (+€40,682)
- Tangible fixed assets +€5,411
up €5,411 (+22.4%), from €24,134 to €29,545
of which Furniture and vehicles: +€6,007
- Deferred charges and accrued income +€2,312
up €2,312 (+140%), from €1,647 to €3,960
- Profit (loss) carried forward -€42,981
down €42,981 (-39.9%), from €107,850 to €64,869
- Other debts +€42,854
up €42,854 (+391%), from €10,973 to €53,827
- Tax, wage and social debts -€5,702
no longer reported in 2025 (was €5,702)
- Gross operating margin -€13,871
down €13,871 (-51.0%), from €27,186 to €13,315
- Depreciation -€4,032
down €4,032 (-75.9%), from €5,310 to €1,277
- Taxes -€3,522
down €3,522 (-56.8%), from €6,205 to €2,683
- Staff costs +€1,235
up €1,235 (+269%), from €460 to €1,695
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €128,937 | €123,276 | -€5,661 | -4.4% |
| Fixed assets | 21/28 | €30,134 | €35,545 | +€5,411 | +18.0% |
| Tangible fixed assets | 22/27 | €24,134 | €29,545 | +€5,411 | +22.4% |
| Furniture and vehicles | 24 | €8,422 | €14,429 | +€6,007 | +71.3% |
| Other tangible fixed assets | 26 | €15,712 | €15,116 | -€596 | -3.8% |
| Financial fixed assets | 28 | €6,000 | €6,000 | = | 0.0% |
| Current assets | 29/58 | €98,803 | €87,732 | -€11,072 | -11.2% |
| Amounts receivable within one year | 40/41 | €74,519 | €33,837 | -€40,682 | -54.6% |
| Trade receivables | 40 | €48,300 | €8,485 | -€39,815 | -82.4% |
| Other amounts receivable | 41 | €26,219 | €25,352 | -€867 | -3.3% |
| Cash at bank and in hand | 54/58 | €22,637 | €49,934 | +€27,298 | +121% |
| Deferred charges and accrued income | 490/1 | €1,647 | €3,960 | +€2,312 | +140% |
| Total equity and liabilities | 10/49 | €128,937 | €123,276 | -€5,661 | -4.4% |
| Equity | 10/15 | €112,250 | €69,269 | -€42,981 | -38.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €400 | €400 | = | 0.0% |
| Non-distributable reserves | 130/1 | €400 | €400 | = | 0.0% |
| Reserves not available under the articles | 1311 | €400 | €400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €107,850 | €64,869 | -€42,981 | -39.9% |
| Amounts payable | 17/49 | €16,687 | €54,007 | +€37,320 | +224% |
| Amounts payable within one year | 42/48 | €16,687 | €54,007 | +€37,320 | +224% |
| Trade debts | 44 | €12 | €180 | +€168 | +1,427% |
| Suppliers | 440/4 | €12 | €180 | +€168 | +1,427% |
| Taxes, remuneration and social security | 45 | €5,702 | - | -€5,702 | |
| Taxes | 450/3 | €5,702 | - | -€5,702 | |
| Other amounts payable | 47/48 | €10,973 | €53,827 | +€42,854 | +391% |
| Remuneration, social security and pensions | 62 | €460 | €1,695 | +€1,235 | +269% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,310 | €1,277 | -€4,032 | -75.9% |
| Other operating charges | 640/8 | €564 | €582 | +€18 | +3.3% |
| Gross operating margin | 9900 | €27,186 | €13,315 | -€13,871 | -51.0% |
| Operating profit (loss) | 9901 | €20,853 | €9,761 | -€11,092 | -53.2% |
| Financial income | 75/76B | - | €11 | +€11 | |
| Recurring financial income | 75 | - | €11 | +€11 | |
| Financial charges | 65/66B | €63 | €71 | +€7 | +11.6% |
| Recurring financial charges | 65 | €63 | €71 | +€7 | +11.6% |
| Profit (loss) for the period before taxes | 9903 | €20,789 | €9,701 | -€11,088 | -53.3% |
| Income taxes | 67/77 | €6,205 | €2,683 | -€3,522 | -56.8% |
| Profit (loss) for the period | 9904 | €14,584 | €7,019 | -€7,566 | -51.9% |
| Profit (loss) for the period to be appropriated | 9905 | €14,584 | €7,019 | -€7,566 | -51.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.