JADEMI: 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.
JADEMI
Largest movements
- Tangible fixed assets -€45,867
down €45,867 (-11.2%), from €407,984 to €362,117
of which Plant, machinery and equipment: -€43,424
- Stocks and contracts +€6,579
up €6,579 (+29.0%), from €22,671 to €29,249
- Profit (loss) carried forward +€46,627
up €46,627 (+13.7%), from -€340,516 to -€293,888
- Tax, wage and social debts -€36,240
down €36,240 (-31.8%), from €114,087 to €77,848
of which Taxes: -€39,130
- Debts after one year -€33,538
down €33,538 (-7.5%), from €446,811 to €413,273
of which Financial debts: -€28,538
- Trade debts -€17,880
down €17,880 (-12.7%), from €140,924 to €123,044
- Gross operating margin +€166,688
up €166,688 (+49.0%), from €339,971 to €506,659
- Staff costs -€22,884
down €22,884 (-5.6%), from €406,365 to €383,481
- Depreciation +€10,806
up €10,806 (+24.5%), from €44,057 to €54,863
- Other operating charges +€6,103
up €6,103 (+150.6%), from €4,053 to €10,155
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 | €456,680 | €415,229 | -€41,451 | -9.1% |
| Fixed assets | 21/28 | €408,034 | €362,167 | -€45,867 | -11.2% |
| Tangible fixed assets | 22/27 | €407,984 | €362,117 | -€45,867 | -11.2% |
| Plant, machinery and equipment | 23 | €389,043 | €345,620 | -€43,424 | -11.2% |
| Furniture and vehicles | 24 | €18,941 | €16,497 | -€2,443 | -12.9% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €48,646 | €53,062 | +€4,416 | +9.1% |
| Stocks and contracts in progress | 3 | €22,671 | €29,249 | +€6,579 | +29.0% |
| Stocks | 30/36 | €22,671 | €29,249 | +€6,579 | +29.0% |
| Cash at bank and in hand | 54/58 | €22,185 | €23,168 | +€983 | +4.4% |
| Deferred charges and accrued income | 490/1 | €3,790 | €644 | -€3,146 | -83.0% |
| Total equity and liabilities | 10/49 | €456,680 | €415,229 | -€41,451 | -9.1% |
| Equity | 10/15 | -€280,516 | -€233,888 | +€46,627 | +16.6% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€340,516 | -€293,888 | +€46,627 | +13.7% |
| Amounts payable | 17/49 | €737,196 | €649,117 | -€88,078 | -11.9% |
| Amounts payable after more than one year | 17 | €446,811 | €413,273 | -€33,538 | -7.5% |
| Financial debts | 170/4 | €189,586 | €161,048 | -€28,538 | -15.1% |
| Other amounts payable | 178/9 | €257,225 | €252,225 | -€5,000 | -1.9% |
| Amounts payable within one year | 42/48 | €286,530 | €235,844 | -€50,686 | -17.7% |
| Current portion of amounts payable after more than one year | 42 | €28,036 | €28,538 | +€502 | +1.8% |
| Trade debts | 44 | €140,924 | €123,044 | -€17,880 | -12.7% |
| Suppliers | 440/4 | €140,924 | €123,044 | -€17,880 | -12.7% |
| Taxes, remuneration and social security | 45 | €114,087 | €77,848 | -€36,240 | -31.8% |
| Taxes | 450/3 | €72,601 | €33,471 | -€39,130 | -53.9% |
| Remuneration and social security | 454/9 | €41,486 | €44,377 | +€2,891 | +7.0% |
| Other amounts payable | 47/48 | €3,482 | €6,415 | +€2,932 | +84.2% |
| Accrued charges and deferred income | 492/3 | €3,855 | €0 | -€3,855 | -100.0% |
| Remuneration, social security and pensions | 62 | €406,365 | €383,481 | -€22,884 | -5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,057 | €54,863 | +€10,806 | +24.5% |
| Other operating charges | 640/8 | €4,053 | €10,155 | +€6,103 | +150.6% |
| Gross operating margin | 9900 | €339,971 | €506,659 | +€166,688 | +49.0% |
| Operating profit (loss) | 9901 | -€114,503 | €58,160 | +€172,663 | |
| Financial income | 75/76B | €172 | €15 | -€158 | -91.6% |
| Recurring financial income | 75 | €172 | €15 | -€158 | -91.6% |
| Financial charges | 65/66B | €7,941 | €11,547 | +€3,606 | +45.4% |
| Recurring financial charges | 65 | €7,941 | €11,547 | +€3,606 | +45.4% |
| Profit (loss) for the period before taxes | 9903 | -€122,272 | €46,627 | +€168,899 | |
| Profit (loss) for the period | 9904 | -€122,272 | €46,627 | +€168,899 | |
| Profit (loss) for the period to be appropriated | 9905 | -€122,272 | €46,627 | +€168,899 |
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 4 October 2026 via checked.be.