JAD: what changed
What changed
JAD
NACE 33.120, Repair and maintenance of machinery
filed annual accounts (NBB)
Net result for the year
-€15,215
2024 · -€2,264-€12,951
Equity
€16,095
2024 · €31,310-€15,215
Cash
€13,420
2024 · €6,701+€6,718
Balance sheet total
€151,120
2024 · €157,621-€6,501
Largest movements
Assets
- Tangible fixed assets -€8,354
down €8,354 (-30.3%), from €27,526 to €19,172
of which Furniture and vehicles: -€6,302
- Cash +€6,718
up €6,718 (+100%), from €6,701 to €13,420
mainly Depreciation (+€8,354) and Tax, wage and social debts (+€7,580)
- Stocks and contracts -€6,296
down €6,296 (-7.0%), from €90,157 to €83,861
Equity and liabilities
- Profit (loss) carried forward -€15,215
down €15,215, from €9,310 to -€5,905
- Tax, wage and social debts +€7,580
up €7,580 (+196%), from €3,877 to €11,456
of which Remuneration and social security: +€7,500
- Trade debts -€2,465
down €2,465 (-34.6%), from €7,120 to €4,655
- Accrued charges and deferred income +€2,275
up €2,275 (+100%), from €2,275 to €4,550
Income statement
- Gross operating margin -€12,021
down €12,021, from €8,820 to -€3,201
- Financial income -€1,098
down €1,098 (-80.6%), from €1,362 to €263
- Other operating charges -€161
down €161 (-15.6%), from €1,036 to €875
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.
Result 2024
-€2,264
Gross operating margin
-€12,021
Other operating charges
+€161
Financial income
-€1,098
Financial charges
+€16
Taxes
-€10
Result 2025
-€15,215
raises the resultlowers the result
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.
From operations
+€6,722
Investment
€0
Financing
-€3
Cash 2024
€6,701
From operations (derived)
+€6,722
Net result for the year
-€15,215
Depreciation
+€8,354
Stocks and contracts
+€6,296
Receivables within one year
-€1,407
Deferred charges and accrued income
-€23
Trade debts
-€2,465
Tax, wage and social debts
+€7,580
Other debts
+€1,327
Accrued charges and deferred income
+€2,275
Financing
-€3
Current portion of long-term debt
-€532
Short-term financial debts
+€529
Cash 2025
€13,420
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €157,621 | €151,120 | -€6,501 | -4.1% |
| Fixed assets | 21/28 | €27,561 | €19,207 | -€8,354 | -30.3% |
| Tangible fixed assets | 22/27 | €27,526 | €19,172 | -€8,354 | -30.3% |
| Plant, machinery and equipment | 23 | €4,090 | €2,038 | -€2,052 | -50.2% |
| Furniture and vehicles | 24 | €23,436 | €17,134 | -€6,302 | -26.9% |
| Financial fixed assets | 28 | €35 | €35 | = | 0.0% |
| Current assets | 29/58 | €130,060 | €131,913 | +€1,853 | +1.4% |
| Stocks and contracts in progress | 3 | €90,157 | €83,861 | -€6,296 | -7.0% |
| Stocks | 30/36 | €90,157 | €83,861 | -€6,296 | -7.0% |
| Amounts receivable within one year | 40/41 | €32,202 | €33,609 | +€1,407 | +4.4% |
| Trade receivables | 40 | €29,830 | €31,259 | +€1,429 | +4.8% |
| Other amounts receivable | 41 | €2,372 | €2,350 | -€22 | -0.9% |
| Cash at bank and in hand | 54/58 | €6,701 | €13,420 | +€6,718 | +100% |
| Deferred charges and accrued income | 490/1 | €999 | €1,023 | +€23 | +2.3% |
| Total equity and liabilities | 10/49 | €157,621 | €151,120 | -€6,501 | -4.1% |
| Equity | 10/15 | €31,310 | €16,095 | -€15,215 | -48.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,310 | -€5,905 | -€15,215 | |
| Amounts payable | 17/49 | €126,312 | €135,025 | +€8,713 | +6.9% |
| Amounts payable after more than one year | 17 | €65,000 | €65,000 | = | 0.0% |
| Financial debts | 170/4 | €65,000 | €65,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €59,037 | €65,475 | +€6,438 | +10.9% |
| Current portion of amounts payable after more than one year | 42 | €532 | - | -€532 | |
| Financial debts | 43 | - | €529 | +€529 | |
| Other loans | 439 | - | €529 | +€529 | |
| Trade debts | 44 | €7,120 | €4,655 | -€2,465 | -34.6% |
| Suppliers | 440/4 | €7,120 | €4,655 | -€2,465 | -34.6% |
| Taxes, remuneration and social security | 45 | €3,877 | €11,456 | +€7,580 | +196% |
| Taxes | 450/3 | €3,877 | €3,956 | +€80 | +2.1% |
| Remuneration and social security | 454/9 | - | €7,500 | +€7,500 | |
| Other amounts payable | 47/48 | €47,507 | €48,834 | +€1,327 | +2.8% |
| Accrued charges and deferred income | 492/3 | €2,275 | €4,550 | +€2,275 | +100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,354 | €8,354 | = | 0.0% |
| Other operating charges | 640/8 | €1,036 | €875 | -€161 | -15.6% |
| Gross operating margin | 9900 | €8,820 | -€3,201 | -€12,021 | |
| Operating profit (loss) | 9901 | -€570 | -€12,430 | -€11,859 | -2,079% |
| Financial income | 75/76B | €1,362 | €263 | -€1,098 | -80.6% |
| Recurring financial income | 75 | €1,362 | €263 | -€1,098 | -80.6% |
| Financial charges | 65/66B | €2,735 | €2,718 | -€16 | -0.6% |
| Recurring financial charges | 65 | €2,735 | €2,718 | -€16 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,944 | -€14,885 | -€12,941 | -666% |
| Income taxes | 67/77 | €320 | €330 | +€10 | +3.1% |
| Profit (loss) for the period | 9904 | -€2,264 | -€15,215 | -€12,951 | -572% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,264 | -€15,215 | -€12,951 | -572% |
Next steps
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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 2 November 2026 via checked.be.