JADAGO: what changed
Two fiscal 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.
JADAGO
Largest movements
- Cash +€102,758
up €102,758 (+275.2%), from €37,337 to €140,095
mainly Stocks and contracts (+€80,539) and Trade debts (+€21,241)
- Stocks and contracts -€80,539
down €80,539 (-21.7%), from €371,586 to €291,047
- Tangible fixed assets -€7,755
down €7,755 (-26.2%), from €29,615 to €21,860
of which Other tangible fixed assets: -€6,421
- Receivables within one year +€5,153
up €5,153 (+24.9%), from €20,689 to €25,843
of which Trade receivables: +€13,447
- Trade debts +€21,241
up €21,241 (+234.2%), from €9,070 to €30,311
- Accrued charges and deferred income -€4,921
down €4,921 (-98.6%), from €4,992 to €71
- Gross operating margin -€56,988
down €56,988, from €31,120 to -€25,868
- Write-downs -€39,590
down €39,590 (-2035.4%), from -€1,945 to -€41,535
- Financial income -€4,132
down €4,132 (-67.4%), from €6,130 to €1,998
- Financial charges -€2,036
down €2,036 (-95.1%), from €2,141 to €105
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €459,227 | €479,259 | +€20,032 | +4.4% |
| Fixed assets | 21/28 | €29,615 | €21,860 | -€7,755 | -26.2% |
| Tangible fixed assets | 22/27 | €29,615 | €21,860 | -€7,755 | -26.2% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €233 | €0 | -€233 | -100.0% |
| Furniture and vehicles | 24 | €2,204 | €1,102 | -€1,102 | -50.0% |
| Other tangible fixed assets | 26 | €27,179 | €20,758 | -€6,421 | -23.6% |
| Current assets | 29/58 | €429,612 | €457,399 | +€27,787 | +6.5% |
| Stocks and contracts in progress | 3 | €371,586 | €291,047 | -€80,539 | -21.7% |
| Stocks | 30/36 | €371,586 | €291,047 | -€80,539 | -21.7% |
| Amounts receivable within one year | 40/41 | €20,689 | €25,843 | +€5,153 | +24.9% |
| Trade receivables | 40 | €12,178 | €25,625 | +€13,447 | +110.4% |
| Other amounts receivable | 41 | €8,512 | €218 | -€8,294 | -97.4% |
| Cash at bank and in hand | 54/58 | €37,337 | €140,095 | +€102,758 | +275.2% |
| Deferred charges and accrued income | 490/1 | €0 | €415 | +€415 | |
| Total equity and liabilities | 10/49 | €459,227 | €479,259 | +€20,032 | +4.4% |
| Equity | 10/15 | €150,046 | €151,447 | +€1,401 | +0.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €131,446 | €132,847 | +€1,401 | +1.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €131,446 | €132,847 | +€1,401 | +1.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €309,182 | €327,812 | +€18,631 | +6.0% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Other amounts payable | 178/9 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €254,190 | €277,741 | +€23,552 | +9.3% |
| Trade debts | 44 | €9,070 | €30,311 | +€21,241 | +234.2% |
| Suppliers | 440/4 | €9,070 | €30,311 | +€21,241 | +234.2% |
| Taxes, remuneration and social security | 45 | €10,349 | €7,962 | -€2,387 | -23.1% |
| Taxes | 450/3 | €10,349 | €7,962 | -€2,387 | -23.1% |
| Other amounts payable | 47/48 | €234,770 | €239,468 | +€4,697 | +2.0% |
| Accrued charges and deferred income | 492/3 | €4,992 | €71 | -€4,921 | -98.6% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,529 | €15,555 | +€27 | +0.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,945 | -€41,535 | -€39,590 | -2035.4% |
| Other operating charges | 640/8 | €736 | €603 | -€133 | -18.1% |
| Gross operating margin | 9900 | €31,120 | -€25,868 | -€56,988 | |
| Operating profit (loss) | 9901 | €16,800 | -€491 | -€17,291 | |
| Financial income | 75/76B | €6,130 | €1,998 | -€4,132 | -67.4% |
| Recurring financial income | 75 | €6,130 | €1,998 | -€4,132 | -67.4% |
| Financial charges | 65/66B | €2,141 | €105 | -€2,036 | -95.1% |
| Recurring financial charges | 65 | €2,141 | €105 | -€2,036 | -95.1% |
| Profit (loss) for the period before taxes | 9903 | €20,789 | €1,401 | -€19,387 | -93.3% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €20,789 | €1,401 | -€19,387 | -93.3% |
| Profit (loss) for the period to be appropriated | 9905 | €20,789 | €1,401 | -€19,387 | -93.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.