Jadesco: 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.
Jadesco
Largest movements
- Tangible fixed assets -€88,825
down €88,825 (-9.7%), from €912,612 to €823,787
of which Furniture and vehicles: -€82,973
- Receivables within one year -€71,003
down €71,003 (-67.0%), from €105,971 to €34,968
of which Other amounts receivable: -€55,764
- Current investments +€60,000
new in 2025: €60,000
- Deferred charges and accrued income -€24,291
down €24,291 (-95.7%), from €25,372 to €1,081
- Cash +€18,204
up €18,204 (+30.6%), from €59,401 to €77,605
mainly Depreciation (+€165,252) and Net result for the year (+€83,914)
- Other debts -€117,568
down €117,568 (-36.1%), from €325,379 to €207,811
- Profit (loss) carried forward +€82,248
up €82,248 (+46.7%), from €176,049 to €258,297
- Trade debts -€34,427
down €34,427 (-48.3%), from €71,249 to €36,822
- Debts after one year -€21,207
down €21,207 (-5.0%), from €425,682 to €404,476
- Tax, wage and social debts -€13,512
down €13,512 (-32.1%), from €42,053 to €28,541
of which Remuneration and social security: -€13,566
- Depreciation +€23,118
up €23,118 (+16.3%), from €142,134 to €165,252
- Gross operating margin +€18,530
up €18,530 (+3.7%), from €495,856 to €514,386
- Staff costs +€16,180
up €16,180 (+8.8%), from €183,332 to €199,512
- Financial charges -€8,173
down €8,173 (-22.3%), from €36,683 to €28,510
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 | €1,107,682 | €1,003,733 | -€103,949 | -9.4% |
| Fixed assets | 21/28 | €912,812 | €823,987 | -€88,825 | -9.7% |
| Intangible fixed assets | 21 | €1 | €0 | -€0 | -33.9% |
| Tangible fixed assets | 22/27 | €912,612 | €823,787 | -€88,825 | -9.7% |
| Land and buildings | 22 | €525,998 | €522,660 | -€3,338 | -0.6% |
| Plant, machinery and equipment | 23 | €31,322 | €28,807 | -€2,515 | -8.0% |
| Furniture and vehicles | 24 | €355,292 | €272,319 | -€82,973 | -23.4% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €194,870 | €179,746 | -€15,124 | -7.8% |
| Stocks and contracts in progress | 3 | €4,126 | €6,092 | +€1,966 | +47.6% |
| Stocks | 30/36 | €4,126 | €6,092 | +€1,966 | +47.6% |
| Amounts receivable within one year | 40/41 | €105,971 | €34,968 | -€71,003 | -67.0% |
| Trade receivables | 40 | €48,795 | €33,555 | -€15,239 | -31.2% |
| Other amounts receivable | 41 | €57,176 | €1,412 | -€55,764 | -97.5% |
| Current investments | 50/53 | - | €60,000 | +€60,000 | |
| Cash at bank and in hand | 54/58 | €59,401 | €77,605 | +€18,204 | +30.6% |
| Deferred charges and accrued income | 490/1 | €25,372 | €1,081 | -€24,291 | -95.7% |
| Total equity and liabilities | 10/49 | €1,107,682 | €1,003,733 | -€103,949 | -9.4% |
| Equity | 10/15 | €186,049 | €268,297 | +€82,248 | +44.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €176,049 | €258,297 | +€82,248 | +46.7% |
| Amounts payable | 17/49 | €921,633 | €735,436 | -€186,197 | -20.2% |
| Amounts payable after more than one year | 17 | €425,682 | €404,476 | -€21,207 | -5.0% |
| Financial debts | 170/4 | €425,682 | €404,476 | -€21,207 | -5.0% |
| Amounts payable within one year | 42/48 | €487,453 | €323,453 | -€163,999 | -33.6% |
| Current portion of amounts payable after more than one year | 42 | €48,772 | €50,279 | +€1,507 | +3.1% |
| Trade debts | 44 | €71,249 | €36,822 | -€34,427 | -48.3% |
| Suppliers | 440/4 | €71,249 | €36,822 | -€34,427 | -48.3% |
| Taxes, remuneration and social security | 45 | €42,053 | €28,541 | -€13,512 | -32.1% |
| Taxes | 450/3 | €10,119 | €10,174 | +€54 | +0.5% |
| Remuneration and social security | 454/9 | €31,933 | €18,368 | -€13,566 | -42.5% |
| Other amounts payable | 47/48 | €325,379 | €207,811 | -€117,568 | -36.1% |
| Accrued charges and deferred income | 492/3 | €8,498 | €7,507 | -€991 | -11.7% |
| Remuneration, social security and pensions | 62 | €183,332 | €199,512 | +€16,180 | +8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €142,134 | €165,252 | +€23,118 | +16.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €618 | €0 | -€618 | -100% |
| Other operating charges | 640/8 | €8,285 | €8,831 | +€546 | +6.6% |
| Non-recurring operating charges | 66A | €4,072 | €324 | -€3,749 | -92.0% |
| Gross operating margin | 9900 | €495,856 | €514,386 | +€18,530 | +3.7% |
| Operating profit (loss) | 9901 | €157,415 | €140,468 | -€16,947 | -10.8% |
| Financial income | 75/76B | €563 | €1 | -€562 | -99.9% |
| Recurring financial income | 75 | €563 | €1 | -€562 | -99.9% |
| Financial charges | 65/66B | €36,683 | €28,510 | -€8,173 | -22.3% |
| Recurring financial charges | 65 | €36,683 | €28,510 | -€8,173 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | €121,294 | €111,958 | -€9,336 | -7.7% |
| Income taxes | 67/77 | €26,333 | €28,044 | +€1,711 | +6.5% |
| Profit (loss) for the period | 9904 | €94,961 | €83,914 | -€11,048 | -11.6% |
| Profit (loss) for the period to be appropriated | 9905 | €94,961 | €83,914 | -€11,048 | -11.6% |
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 23 October 2026 via checked.be.