JAD Company: 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 Company
Largest movements
- Tangible fixed assets -€21,821
down €21,821 (-9.7%), from €225,978 to €204,157
of which Other tangible fixed assets: -€17,612
- Cash -€14,374
down €14,374 (-33.8%), from €42,571 to €28,197
mainly Debts after one year (-€36,787) and Net result for the year (-€10,313)
- Receivables within one year -€7,095
down €7,095 (-6.1%), from €116,647 to €109,553
of which Trade receivables: -€5,300
- Deferred charges and accrued income +€4,331
up €4,331 (+116%), from €3,734 to €8,065
- Debts after one year -€36,787
down €36,787 (-34.6%), from €106,285 to €69,498
- Trade debts +€22,337
up €22,337 (+28.8%), from €77,644 to €99,981
- Profit (loss) carried forward -€10,313
down €10,313 (-45.0%), from €22,895 to €12,582
- Other debts -€9,404
down €9,404 (-11.6%), from €80,793 to €71,389
- Tax, wage and social debts -€4,726
down €4,726 (-22.2%), from €21,305 to €16,579
of which Remuneration and social security: -€3,005
- Gross operating margin -€17,976
down €17,976 (-6.9%), from €262,110 to €244,134
- Staff costs +€16,494
up €16,494 (+8.1%), from €203,031 to €219,525
- Depreciation -€14,563
down €14,563 (-37.3%), from €39,038 to €24,476
- Taxes -€12,606
no longer reported in 2025 (was €12,606)
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 | €418,617 | €379,659 | -€38,958 | -9.3% |
| Fixed assets | 21/28 | €233,978 | €212,157 | -€21,821 | -9.3% |
| Tangible fixed assets | 22/27 | €225,978 | €204,157 | -€21,821 | -9.7% |
| Plant, machinery and equipment | 23 | €1,211 | €2,591 | +€1,380 | +114% |
| Furniture and vehicles | 24 | €13,428 | €7,838 | -€5,590 | -41.6% |
| Other tangible fixed assets | 26 | €211,339 | €193,728 | -€17,612 | -8.3% |
| Financial fixed assets | 28 | €8,000 | €8,000 | = | 0.0% |
| Current assets | 29/58 | €184,639 | €167,502 | -€17,137 | -9.3% |
| Stocks and contracts in progress | 3 | €21,687 | €21,687 | = | 0.0% |
| Stocks | 30/36 | €21,687 | €21,687 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €116,647 | €109,553 | -€7,095 | -6.1% |
| Trade receivables | 40 | €49,000 | €43,700 | -€5,300 | -10.8% |
| Other amounts receivable | 41 | €67,647 | €65,853 | -€1,795 | -2.7% |
| Cash at bank and in hand | 54/58 | €42,571 | €28,197 | -€14,374 | -33.8% |
| Deferred charges and accrued income | 490/1 | €3,734 | €8,065 | +€4,331 | +116% |
| Total equity and liabilities | 10/49 | €418,617 | €379,659 | -€38,958 | -9.3% |
| Equity | 10/15 | €96,402 | €86,089 | -€10,313 | -10.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €54,907 | €54,907 | = | 0.0% |
| Distributable reserves | 133 | €54,907 | €54,907 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,895 | €12,582 | -€10,313 | -45.0% |
| Amounts payable | 17/49 | €322,215 | €293,570 | -€28,645 | -8.9% |
| Amounts payable after more than one year | 17 | €106,285 | €69,498 | -€36,787 | -34.6% |
| Financial debts | 170/4 | €106,285 | €69,498 | -€36,787 | -34.6% |
| Amounts payable within one year | 42/48 | €215,930 | €224,072 | +€8,142 | +3.8% |
| Current portion of amounts payable after more than one year | 42 | €36,189 | €36,124 | -€65 | -0.2% |
| Trade debts | 44 | €77,644 | €99,981 | +€22,337 | +28.8% |
| Suppliers | 440/4 | €77,644 | €99,981 | +€22,337 | +28.8% |
| Taxes, remuneration and social security | 45 | €21,305 | €16,579 | -€4,726 | -22.2% |
| Taxes | 450/3 | €10,801 | €9,079 | -€1,722 | -15.9% |
| Remuneration and social security | 454/9 | €10,504 | €7,499 | -€3,005 | -28.6% |
| Other amounts payable | 47/48 | €80,793 | €71,389 | -€9,404 | -11.6% |
| Remuneration, social security and pensions | 62 | €203,031 | €219,525 | +€16,494 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,038 | €24,476 | -€14,563 | -37.3% |
| Other operating charges | 640/8 | €2,461 | €1,593 | -€868 | -35.3% |
| Gross operating margin | 9900 | €262,110 | €244,134 | -€17,976 | -6.9% |
| Operating profit (loss) | 9901 | €17,580 | -€1,459 | -€19,039 | |
| Financial income | 75/76B | - | €88 | +€88 | |
| Recurring financial income | 75 | - | €88 | +€88 | |
| Financial charges | 65/66B | €11,470 | €8,943 | -€2,527 | -22.0% |
| Recurring financial charges | 65 | €11,470 | €8,943 | -€2,527 | -22.0% |
| Profit (loss) for the period before taxes | 9903 | €6,110 | -€10,313 | -€16,424 | |
| Income taxes | 67/77 | €12,606 | - | -€12,606 | |
| Profit (loss) for the period | 9904 | -€6,496 | -€10,313 | -€3,818 | -58.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,496 | -€10,313 | -€3,818 | -58.8% |
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 30 October 2026 via checked.be.