JADEKO: 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.
JADEKO
Largest movements
- Cash +€13,970
up €13,970 (+111.8%), from €12,497 to €26,467
mainly Depreciation (+€14,551) and Receivables within one year (+€12,901)
- Receivables within one year -€12,901
down €12,901 (-78.9%), from €16,341 to €3,440
of which Trade receivables: -€8,912
- Tangible fixed assets -€10,451
down €10,451 (-21.8%), from €48,045 to €37,594
of which Leasing and similar rights: -€9,878
- Intangible fixed assets -€1,000
down €1,000 (-12.9%), from €7,764 to €6,764
- Debts after one year -€9,229
down €9,229 (-29.7%), from €31,034 to €21,806
- Tax, wage and social debts -€3,045
down €3,045 (-39.1%), from €7,784 to €4,739
- Trade debts -€1,746
down €1,746 (-41.1%), from €4,250 to €2,504
- Reserves +€1,737
up €1,737 (+11.9%), from €14,600 to €16,337
- Other debts +€1,702
up €1,702 (+12.8%), from €13,313 to €15,015
- Gross operating margin -€5,845
down €5,845 (-21.8%), from €26,827 to €20,983
- Taxes -€1,424
down €1,424 (-46.2%), from €3,083 to €1,659
- Depreciation +€1,422
up €1,422 (+10.8%), from €13,129 to €14,551
- Financial charges -€565
down €565 (-20.7%), from €2,734 to €2,169
- Other operating charges +€532
up €532 (+145.4%), from €366 to €898
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 | €84,743 | €74,629 | -€10,113 | -11.9% |
| Fixed assets | 21/28 | €55,810 | €44,359 | -€11,451 | -20.5% |
| Intangible fixed assets | 21 | €7,764 | €6,764 | -€1,000 | -12.9% |
| Tangible fixed assets | 22/27 | €48,045 | €37,594 | -€10,451 | -21.8% |
| Plant, machinery and equipment | 23 | €4,583 | €2,312 | -€2,271 | -49.6% |
| Furniture and vehicles | 24 | €1,403 | €3,382 | +€1,979 | +141.0% |
| Leasing and similar rights | 25 | €41,779 | €31,901 | -€9,878 | -23.6% |
| Other tangible fixed assets | 26 | €280 | €0 | -€280 | -100.0% |
| Current assets | 29/58 | €28,933 | €30,271 | +€1,338 | +4.6% |
| Amounts receivable within one year | 40/41 | €16,341 | €3,440 | -€12,901 | -78.9% |
| Trade receivables | 40 | €8,912 | €0 | -€8,912 | -100.0% |
| Other amounts receivable | 41 | €7,428 | €3,440 | -€3,988 | -53.7% |
| Cash at bank and in hand | 54/58 | €12,497 | €26,467 | +€13,970 | +111.8% |
| Deferred charges and accrued income | 490/1 | €95 | €364 | +€268 | +281.1% |
| Total equity and liabilities | 10/49 | €84,743 | €74,629 | -€10,113 | -11.9% |
| Equity | 10/15 | €19,622 | €21,337 | +€1,715 | +8.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €14,600 | €16,337 | +€1,737 | +11.9% |
| Distributable reserves | 133 | €14,600 | €16,337 | +€1,737 | +11.9% |
| Profit (loss) carried forward | 14 | €22 | €0 | -€22 | -100.0% |
| Amounts payable | 17/49 | €65,121 | €53,292 | -€11,828 | -18.2% |
| Amounts payable after more than one year | 17 | €31,034 | €21,806 | -€9,229 | -29.7% |
| Financial debts | 170/4 | €31,034 | €21,806 | -€9,229 | -29.7% |
| Amounts payable within one year | 42/48 | €34,086 | €31,487 | -€2,600 | -7.6% |
| Current portion of amounts payable after more than one year | 42 | €8,740 | €9,229 | +€489 | +5.6% |
| Trade debts | 44 | €4,250 | €2,504 | -€1,746 | -41.1% |
| Suppliers | 440/4 | €4,250 | €2,504 | -€1,746 | -41.1% |
| Taxes, remuneration and social security | 45 | €7,784 | €4,739 | -€3,045 | -39.1% |
| Taxes | 450/3 | €7,784 | €4,739 | -€3,045 | -39.1% |
| Other amounts payable | 47/48 | €13,313 | €15,015 | +€1,702 | +12.8% |
| Non-recurring operating income | 76A | €3,662 | €0 | -€3,662 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,129 | €14,551 | +€1,422 | +10.8% |
| Other operating charges | 640/8 | €366 | €898 | +€532 | +145.4% |
| Gross operating margin | 9900 | €26,827 | €20,983 | -€5,845 | -21.8% |
| Operating profit (loss) | 9901 | €13,333 | €5,533 | -€7,799 | -58.5% |
| Financial income | 75/76B | €6 | €9 | +€4 | +62.4% |
| Recurring financial income | 75 | €6 | €9 | +€4 | +62.4% |
| Financial charges | 65/66B | €2,734 | €2,169 | -€565 | -20.7% |
| Recurring financial charges | 65 | €2,734 | €2,169 | -€565 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €10,605 | €3,374 | -€7,231 | -68.2% |
| Income taxes | 67/77 | €3,083 | €1,659 | -€1,424 | -46.2% |
| Profit (loss) for the period | 9904 | €7,522 | €1,715 | -€5,807 | -77.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,522 | €1,715 | -€5,807 | -77.2% |
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 10 October 2026 via checked.be.