JAD & CO: 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.
JAD & CO
Largest movements
- Tangible fixed assets -€17,733
down €17,733 (-11.3%), from €157,433 to €139,700
of which Furniture and vehicles: -€9,041
- Cash -€4,739
down €4,739 (-8.6%), from €55,113 to €50,374
mainly Current portion of long-term debt (-€10,505) and Other debts (-€6,572)
- Current portion of long-term debt -€10,505
no longer reported in 2025 (was €10,505)
- Other debts -€6,572
down €6,572 (-3.1%), from €210,526 to €203,954
- Profit (loss) carried forward -€3,261
down €3,261 (-3.0%), from -€109,212 to -€112,473
- Gross operating margin -€4,792
down €4,792 (-20.9%), from €22,938 to €18,146
- Depreciation -€3,388
down €3,388 (-16.0%), from €21,121 to €17,733
- Financial charges -€964
down €964 (-70.7%), from €1,364 to €400
- Other operating charges +€394
up €394 (+14.6%), from €2,704 to €3,098
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 | €213,545 | €191,073 | -€22,472 | -10.5% |
| Fixed assets | 21/28 | €158,432 | €140,699 | -€17,733 | -11.2% |
| Tangible fixed assets | 22/27 | €157,433 | €139,700 | -€17,733 | -11.3% |
| Land and buildings | 22 | €143,537 | €134,846 | -€8,692 | -6.1% |
| Furniture and vehicles | 24 | €13,896 | €4,855 | -€9,041 | -65.1% |
| Financial fixed assets | 28 | €999 | €999 | = | 0.0% |
| Current assets | 29/58 | €55,113 | €50,374 | -€4,739 | -8.6% |
| Cash at bank and in hand | 54/58 | €55,113 | €50,374 | -€4,739 | -8.6% |
| Total equity and liabilities | 10/49 | €213,545 | €191,073 | -€22,472 | -10.5% |
| Equity | 10/15 | -€46,712 | -€49,973 | -€3,261 | -7.0% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€109,212 | -€112,473 | -€3,261 | -3.0% |
| Amounts payable | 17/49 | €260,257 | €241,046 | -€19,211 | -7.4% |
| Amounts payable within one year | 42/48 | €221,214 | €204,130 | -€17,084 | -7.7% |
| Current portion of amounts payable after more than one year | 42 | €10,505 | - | -€10,505 | |
| Taxes, remuneration and social security | 45 | €183 | €176 | -€7 | -3.9% |
| Taxes | 450/3 | €183 | €176 | -€7 | -3.9% |
| Other amounts payable | 47/48 | €210,526 | €203,954 | -€6,572 | -3.1% |
| Accrued charges and deferred income | 492/3 | €39,043 | €36,916 | -€2,128 | -5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,121 | €17,733 | -€3,388 | -16.0% |
| Other operating charges | 640/8 | €2,704 | €3,098 | +€394 | +14.6% |
| Gross operating margin | 9900 | €22,938 | €18,146 | -€4,792 | -20.9% |
| Operating profit (loss) | 9901 | -€888 | -€2,685 | -€1,797 | -202% |
| Financial charges | 65/66B | €1,364 | €400 | -€964 | -70.7% |
| Recurring financial charges | 65 | €1,364 | €400 | -€964 | -70.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,252 | -€3,084 | -€833 | -37.0% |
| Income taxes | 67/77 | €183 | €176 | -€7 | -3.9% |
| Profit (loss) for the period | 9904 | -€2,435 | -€3,261 | -€826 | -33.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,435 | -€3,261 | -€826 | -33.9% |
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 15 October 2026 via checked.be.