J.A.D.R.: 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.
J.A.D.R.
Largest movements
- Cash -€5,286
down €5,286 (-58.3%), from €9,064 to €3,779
mainly Net result for the year (-€7,692) and Receivables within one year (-€747)
- Tangible fixed assets -€2,572
down €2,572 (-23.6%), from €10,898 to €8,327
of which Land and buildings: -€2,091
- Receivables within one year +€747
up €747 (+6.9%), from €10,747 to €11,493
- Deferred charges and accrued income -€476
down €476 (-40.0%), from €1,190 to €714
- Profit (loss) carried forward -€7,692
down €7,692 (-20.0%), from -€38,469 to -€46,161
- Gross operating margin -€2,467
down €2,467, from €1,776 to -€691
- Depreciation -€1,711
down €1,711 (-40.0%), from €4,283 to €2,572
- Other operating charges +€237
up €237 (+6.0%), from €3,958 to €4,194
- Financial income -€60
down €60 (-100.0%), from €60 to €0
- Taxes -€30
down €30, from €11 to -€18
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,023 | €24,436 | -€7,587 | -23.7% |
| Fixed assets | 21/28 | €11,022 | €8,451 | -€2,572 | -23.3% |
| Tangible fixed assets | 22/27 | €10,898 | €8,327 | -€2,572 | -23.6% |
| Land and buildings | 22 | €9,549 | €7,458 | -€2,091 | -21.9% |
| Furniture and vehicles | 24 | €1,350 | €869 | -€481 | -35.6% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €21,000 | €15,985 | -€5,015 | -23.9% |
| Amounts receivable within one year | 40/41 | €10,747 | €11,493 | +€747 | +6.9% |
| Other amounts receivable | 41 | €10,747 | €11,493 | +€747 | +6.9% |
| Cash at bank and in hand | 54/58 | €9,064 | €3,779 | -€5,286 | -58.3% |
| Deferred charges and accrued income | 490/1 | €1,190 | €714 | -€476 | -40.0% |
| Total equity and liabilities | 10/49 | €32,023 | €24,436 | -€7,587 | -23.7% |
| Equity | 10/15 | €32,023 | €24,330 | -€7,692 | -24.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Contributions outside capital | 11 | €61,500 | €61,500 | = | 0.0% |
| Other | 1109/19 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €8,992 | €8,992 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,992 | €8,992 | = | 0.0% |
| Legal reserve | 130 | €8,992 | €8,992 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,469 | -€46,161 | -€7,692 | -20.0% |
| Amounts payable | 17/49 | - | €105 | +€105 | |
| Amounts payable within one year | 42/48 | - | €105 | +€105 | |
| Trade debts | 44 | - | €105 | +€105 | |
| Suppliers | 440/4 | - | €105 | +€105 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,283 | €2,572 | -€1,711 | -40.0% |
| Other operating charges | 640/8 | €3,958 | €4,194 | +€237 | +6.0% |
| Gross operating margin | 9900 | €1,776 | -€691 | -€2,467 | |
| Operating profit (loss) | 9901 | -€6,464 | -€7,457 | -€993 | -15.4% |
| Financial income | 75/76B | €60 | €0 | -€60 | -100.0% |
| Recurring financial income | 75 | €60 | €0 | -€60 | -100.0% |
| Financial charges | 65/66B | €254 | €253 | -€0 | -0.2% |
| Recurring financial charges | 65 | €254 | €253 | -€0 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,658 | -€7,710 | -€1,053 | -15.8% |
| Income taxes | 67/77 | €11 | -€18 | -€30 | |
| Profit (loss) for the period | 9904 | -€6,669 | -€7,692 | -€1,023 | -15.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,669 | -€7,692 | -€1,023 | -15.3% |
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 10 October 2026 via checked.be.