JADI: 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.
JADI
Largest movements
- Receivables within one year +€16,028
up €16,028 (+2.0%), from €805,365 to €821,394
of which Trade receivables: +€14,520
- Cash -€10,914
down €10,914 (-36.0%), from €30,283 to €19,369
mainly Receivables within one year (-€16,028) and Other debts (-€2,000)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€10,975
down €10,975 (-23.3%), from €47,117 to €36,143
- Taxes -€3,134
down €3,134 (-81.5%), from €3,845 to €711
- Staff costs -€1,594
down €1,594 (-11.5%), from €13,826 to €12,232
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 | €1,022,263 | €1,019,654 | -€2,610 | -0.3% |
| Fixed assets | 21/28 | €183,700 | €177,696 | -€6,004 | -3.3% |
| Tangible fixed assets | 22/27 | €183,700 | €177,696 | -€6,004 | -3.3% |
| Land and buildings | 22 | €168,815 | €168,815 | = | 0.0% |
| Furniture and vehicles | 24 | €14,884 | €8,880 | -€6,004 | -40.3% |
| Current assets | 29/58 | €838,563 | €841,958 | +€3,395 | +0.4% |
| Amounts receivable within one year | 40/41 | €805,365 | €821,394 | +€16,028 | +2.0% |
| Trade receivables | 40 | €802,628 | €817,148 | +€14,520 | +1.8% |
| Other amounts receivable | 41 | €2,737 | €4,245 | +€1,508 | +55.1% |
| Cash at bank and in hand | 54/58 | €30,283 | €19,369 | -€10,914 | -36.0% |
| Deferred charges and accrued income | 490/1 | €2,915 | €1,195 | -€1,720 | -59.0% |
| Total equity and liabilities | 10/49 | €1,022,263 | €1,019,654 | -€2,610 | -0.3% |
| Equity | 10/15 | €773,212 | €772,918 | -€295 | 0.0% |
| Contributions | 10/11 | €276,401 | €276,401 | = | 0.0% |
| Capital | 10 | €276,401 | €276,401 | = | 0.0% |
| Issued capital | 100 | €276,401 | €276,401 | = | 0.0% |
| Reserves | 13 | €496,811 | €496,811 | = | 0.0% |
| Non-distributable reserves | 130/1 | €51,940 | €51,940 | = | 0.0% |
| Legal reserve | 130 | €51,940 | €51,940 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,310 | €6,310 | = | 0.0% |
| Distributable reserves | 133 | €438,561 | €438,561 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€295 | -€295 | |
| Amounts payable | 17/49 | €249,051 | €246,736 | -€2,315 | -0.9% |
| Amounts payable within one year | 42/48 | €249,051 | €246,736 | -€2,315 | -0.9% |
| Current portion of amounts payable after more than one year | 42 | €1,709 | €1,739 | +€30 | +1.8% |
| Trade debts | 44 | €2,166 | €1,662 | -€504 | -23.2% |
| Suppliers | 440/4 | €2,166 | €1,662 | -€504 | -23.2% |
| Taxes, remuneration and social security | 45 | €2,013 | €2,172 | +€159 | +7.9% |
| Taxes | 450/3 | €1,129 | €514 | -€615 | -54.5% |
| Remuneration and social security | 454/9 | €884 | €1,658 | +€774 | +87.6% |
| Other amounts payable | 47/48 | €243,162 | €241,162 | -€2,000 | -0.8% |
| Non-recurring operating income | 76A | €5,750 | - | -€5,750 | |
| Remuneration, social security and pensions | 62 | €13,826 | €12,232 | -€1,594 | -11.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,004 | €6,004 | = | 0.0% |
| Other operating charges | 640/8 | €16,780 | €17,248 | +€469 | +2.8% |
| Gross operating margin | 9900 | €47,117 | €36,143 | -€10,975 | -23.3% |
| Operating profit (loss) | 9901 | €10,507 | €658 | -€9,849 | -93.7% |
| Financial charges | 65/66B | €411 | €242 | -€169 | -41.1% |
| Recurring financial charges | 65 | €411 | €242 | -€169 | -41.1% |
| Profit (loss) for the period before taxes | 9903 | €10,097 | €416 | -€9,680 | -95.9% |
| Income taxes | 67/77 | €3,845 | €711 | -€3,134 | -81.5% |
| Profit (loss) for the period | 9904 | €6,251 | -€295 | -€6,546 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,251 | -€295 | -€6,546 |
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.