JADICO: 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.
JADICO
Largest movements
- Cash -€136,270
down €136,270 (-82.1%), from €165,991 to €29,721
mainly Contributions, distributions and other (-€181,243) and Net result for the year (-€79,362)
- Tangible fixed assets -€37,812
down €37,812 (-36.0%), from €105,147 to €67,335
of which Furniture and vehicles: -€34,909
- Receivables within one year +€4,899
up €4,899 (+40.4%), from €12,124 to €17,023
of which Trade receivables: +€6,207
- Reserves -€181,243
down €181,243 (-100.0%), from €181,243 to €0
- Other debts +€152,447
up €152,447 (+4033.9%), from €3,779 to €156,226
- Profit (loss) carried forward -€79,362
down €79,362, from €0 to -€79,362
- Provisions -€38,000
down €38,000 (-100.0%), from €38,000 to €0
- Debts after one year -€16,236
down €16,236 (-42.3%), from €38,370 to €22,134
- Gross operating margin -€87,553
down €87,553 (-89.4%), from €97,907 to €10,354
- Depreciation +€15,094
up €15,094 (+66.4%), from €22,718 to €37,812
- Taxes -€7,292
down €7,292 (-93.6%), from €7,787 to €495
- Other operating charges +€1,209
up €1,209 (+235.7%), from €513 to €1,722
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 | €295,310 | €125,181 | -€170,129 | -57.6% |
| Fixed assets | 21/28 | €105,147 | €67,335 | -€37,812 | -36.0% |
| Tangible fixed assets | 22/27 | €105,147 | €67,335 | -€37,812 | -36.0% |
| Land and buildings | 22 | €876 | €737 | -€139 | -15.8% |
| Plant, machinery and equipment | 23 | €4,605 | €1,841 | -€2,764 | -60.0% |
| Furniture and vehicles | 24 | €99,666 | €64,757 | -€34,909 | -35.0% |
| Current assets | 29/58 | €190,163 | €57,846 | -€132,317 | -69.6% |
| Amounts receivable within one year | 40/41 | €12,124 | €17,023 | +€4,899 | +40.4% |
| Trade receivables | 40 | €10,311 | €16,518 | +€6,207 | +60.2% |
| Other amounts receivable | 41 | €1,813 | €505 | -€1,308 | -72.2% |
| Cash at bank and in hand | 54/58 | €165,991 | €29,721 | -€136,270 | -82.1% |
| Deferred charges and accrued income | 490/1 | €12,048 | €11,102 | -€946 | -7.9% |
| Total equity and liabilities | 10/49 | €295,310 | €125,181 | -€170,129 | -57.6% |
| Equity | 10/15 | €184,243 | -€76,362 | -€260,605 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €181,243 | €0 | -€181,243 | -100.0% |
| Distributable reserves | 133 | €181,243 | €0 | -€181,243 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | -€79,362 | -€79,362 | |
| Provisions and deferred taxes | 16 | €38,000 | €0 | -€38,000 | -100.0% |
| Provisions for liabilities and charges | 160/5 | €38,000 | €0 | -€38,000 | -100.0% |
| Other liabilities and charges | 164/5 | €38,000 | €0 | -€38,000 | -100.0% |
| Amounts payable | 17/49 | €73,067 | €201,543 | +€128,475 | +175.8% |
| Amounts payable after more than one year | 17 | €38,370 | €22,134 | -€16,236 | -42.3% |
| Financial debts | 170/4 | €38,370 | €22,134 | -€16,236 | -42.3% |
| Amounts payable within one year | 42/48 | €34,697 | €179,409 | +€144,712 | +417.1% |
| Current portion of amounts payable after more than one year | 42 | €19,161 | €16,233 | -€2,928 | -15.3% |
| Trade debts | 44 | €2,803 | €3,708 | +€905 | +32.3% |
| Suppliers | 440/4 | €2,803 | €3,708 | +€905 | +32.3% |
| Taxes, remuneration and social security | 45 | €8,953 | €3,241 | -€5,712 | -63.8% |
| Taxes | 450/3 | €8,438 | €3,241 | -€5,197 | -61.6% |
| Remuneration and social security | 454/9 | €515 | €0 | -€515 | -100.0% |
| Other amounts payable | 47/48 | €3,779 | €156,226 | +€152,447 | +4033.9% |
| Non-recurring operating income | 76A | €4,852 | €0 | -€4,852 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,718 | €37,812 | +€15,094 | +66.4% |
| Other operating charges | 640/8 | €513 | €1,722 | +€1,209 | +235.7% |
| Non-recurring operating charges | 66A | €38,000 | €48,052 | +€10,052 | +26.5% |
| Gross operating margin | 9900 | €97,907 | €10,354 | -€87,553 | -89.4% |
| Operating profit (loss) | 9901 | €36,675 | -€77,233 | -€113,908 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -85.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -85.7% |
| Financial charges | 65/66B | €2,143 | €1,634 | -€510 | -23.8% |
| Recurring financial charges | 65 | €2,143 | €1,634 | -€510 | -23.8% |
| Profit (loss) for the period before taxes | 9903 | €34,532 | -€78,867 | -€113,399 | |
| Income taxes | 67/77 | €7,787 | €495 | -€7,292 | -93.6% |
| Profit (loss) for the period | 9904 | €26,745 | -€79,362 | -€106,107 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,745 | -€79,362 | -€106,107 |
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 7 October 2026 via checked.be.