JADANACINDOLI: 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.
JADANACINDOLI
Largest movements
- Receivables within one year +€18,405
up €18,405 (+235.3%), from €7,823 to €26,228
of which Trade receivables: +€17,328
- Cash -€9,700
down €9,700 (-61.4%), from €15,795 to €6,095
mainly Receivables within one year (-€18,405) and Contributions, distributions and other (-€10,343)
- Tangible fixed assets +€8,835
up €8,835 (+437.2%), from €2,021 to €10,855
of which Other tangible fixed assets: +€7,539
- Tax, wage and social debts +€9,964
up €9,964 (+80.9%), from €12,313 to €22,277
of which Taxes: +€5,964
- Other debts +€4,998
up €4,998 (+48.5%), from €10,298 to €15,296
- Trade debts +€2,077
up €2,077 (+7496.2%), from €28 to €2,105
- Accrued charges and deferred income +€500
new in 2025: €500
- Financial charges +€30,202
up €30,202 (+81625.7%), from €37 to €30,239
- Gross operating margin +€27,745
up €27,745 (+148.2%), from €18,721 to €46,466
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 | €25,639 | €43,178 | +€17,539 | +68.4% |
| Fixed assets | 21/28 | €2,021 | €10,855 | +€8,835 | +437.2% |
| Tangible fixed assets | 22/27 | €2,021 | €10,855 | +€8,835 | +437.2% |
| Plant, machinery and equipment | 23 | - | €471 | +€471 | |
| Furniture and vehicles | 24 | €2,021 | €2,845 | +€824 | +40.8% |
| Other tangible fixed assets | 26 | - | €7,539 | +€7,539 | |
| Current assets | 29/58 | €23,618 | €32,323 | +€8,705 | +36.9% |
| Amounts receivable within one year | 40/41 | €7,823 | €26,228 | +€18,405 | +235.3% |
| Trade receivables | 40 | €7,823 | €25,151 | +€17,328 | +221.5% |
| Other amounts receivable | 41 | - | €1,077 | +€1,077 | |
| Cash at bank and in hand | 54/58 | €15,795 | €6,095 | -€9,700 | -61.4% |
| Total equity and liabilities | 10/49 | €25,639 | €43,178 | +€17,539 | +68.4% |
| Equity | 10/15 | €3,000 | €3,000 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Amounts payable | 17/49 | €22,639 | €40,178 | +€17,539 | +77.5% |
| Amounts payable within one year | 42/48 | €22,639 | €39,678 | +€17,039 | +75.3% |
| Trade debts | 44 | €28 | €2,105 | +€2,077 | +7496.2% |
| Suppliers | 440/4 | €28 | €2,105 | +€2,077 | +7496.2% |
| Taxes, remuneration and social security | 45 | €12,313 | €22,277 | +€9,964 | +80.9% |
| Taxes | 450/3 | €12,313 | €18,277 | +€5,964 | +48.4% |
| Remuneration and social security | 454/9 | - | €4,000 | +€4,000 | |
| Other amounts payable | 47/48 | €10,298 | €15,296 | +€4,998 | +48.5% |
| Accrued charges and deferred income | 492/3 | - | €500 | +€500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,010 | €1,462 | +€452 | +44.8% |
| Other operating charges | 640/8 | €50 | - | -€50 | |
| Gross operating margin | 9900 | €18,721 | €46,466 | +€27,745 | +148.2% |
| Operating profit (loss) | 9901 | €17,662 | €45,005 | +€27,343 | +154.8% |
| Financial charges | 65/66B | €37 | €30,239 | +€30,202 | +81625.7% |
| Recurring financial charges | 65 | €37 | €30,239 | +€30,202 | +81625.7% |
| Profit (loss) for the period before taxes | 9903 | €17,625 | €14,766 | -€2,858 | -16.2% |
| Income taxes | 67/77 | €4,167 | €4,423 | +€256 | +6.1% |
| Profit (loss) for the period | 9904 | €13,457 | €10,343 | -€3,114 | -23.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,457 | €10,343 | -€3,114 | -23.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.