JADIMEX: 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.
What changed
JADIMEX
NACE 46.900, Non-specialised wholesale trade
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€198,922
2024 · -€338,768+€139,846
Equity
€397,829
2024 · €596,751-€198,922
Cash
€276,826
2024 · €117,571+€159,255
Balance sheet total
€3.3m
2024 · €3.5m-€193,308
Largest movements
Assets
- Stocks and contracts -€186,315
down €186,315 (-9.6%), from €1.9m to €1.8m
- Tangible fixed assets -€166,482
down €166,482 (-21.9%), from €759,698 to €593,216
- Cash +€159,255
up €159,255 (+135.5%), from €117,571 to €276,826
mainly Trade debts (+€284,180) and Depreciation (+€197,358)
Equity and liabilities
- Trade debts +€284,180
up €284,180 (+619.6%), from €45,862 to €330,041
- Debts after one year -€238,565
down €238,565 (-36.4%), from €654,725 to €416,160
- Profit (loss) carried forward -€198,922
down €198,922 (-92.8%), from -€214,334 to -€413,256
- Short-term financial debts -€83,333
down €83,333 (-5.1%), from €1.6m to €1.5m
- Current portion of long-term debt +€50,389
up €50,389 (+25.1%), from €200,791 to €251,180
Income statement
- Gross operating margin +€105,743
up €105,743 (+31.6%), from €334,297 to €440,041
- Financial charges -€39,766
down €39,766 (-25.9%), from €153,648 to €113,882
- Financial income -€12,797
down €12,797 (-79.0%), from €16,194 to €3,398
- Staff costs -€12,644
down €12,644 (-3.9%), from €327,530 to €314,885
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.
Result 2024
-€338,768
Gross operating margin
+€105,743
Staff costs
+€12,644
Depreciation
-€2,009
Write-downs
+€752
Other operating charges
-€4,272
Financial income
-€12,797
Financial charges
+€39,766
Taxes
+€18
Result 2025
-€198,922
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.
From operations
+€448,935
Investment
-€18,170
Financing
-€271,509
Cash 2024
€117,571
From operations (derived)
+€448,935
Net result for the year
-€198,922
Depreciation
+€197,358
Stocks and contracts
+€186,315
Receivables within one year
-€20,885
Deferred charges and accrued income
+€7,946
Trade debts
+€284,180
Tax, wage and social debts
-€5,542
Other debts
-€1,514
Investment (derived)
-€18,170
Investment in fixed assets (net)
-€18,170
Financing
-€271,509
Debts after one year
-€238,565
Current portion of long-term debt
+€50,389
Short-term financial debts
-€83,333
Cash 2025
€276,826
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,459,135 | €3,265,828 | -€193,308 | -5.6% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €788,628 | €609,440 | -€179,187 | -22.7% |
| Intangible fixed assets | 21 | €23,792 | €11,083 | -€12,710 | -53.4% |
| Tangible fixed assets | 22/27 | €759,698 | €593,216 | -€166,482 | -21.9% |
| Land and buildings | 22 | €434,324 | €356,372 | -€77,952 | -17.9% |
| Plant, machinery and equipment | 23 | €101,236 | €70,294 | -€30,942 | -30.6% |
| Furniture and vehicles | 24 | €9,385 | €5,590 | -€3,795 | -40.4% |
| Leasing and similar rights | 25 | €214,753 | €160,960 | -€53,793 | -25.0% |
| Financial fixed assets | 28 | €5,138 | €5,142 | +€4 | +0.1% |
| Current assets | 29/58 | €2,670,507 | €2,656,387 | -€14,120 | -0.5% |
| Stocks and contracts in progress | 3 | €1,945,911 | €1,759,597 | -€186,315 | -9.6% |
| Stocks | 30/36 | €1,945,911 | €1,759,597 | -€186,315 | -9.6% |
| Amounts receivable within one year | 40/41 | €569,170 | €590,054 | +€20,885 | +3.7% |
| Trade receivables | 40 | €267,932 | €289,794 | +€21,861 | +8.2% |
| Other amounts receivable | 41 | €301,237 | €300,261 | -€977 | -0.3% |
| Cash at bank and in hand | 54/58 | €117,571 | €276,826 | +€159,255 | +135.5% |
| Deferred charges and accrued income | 490/1 | €37,856 | €29,910 | -€7,946 | -21.0% |
| Total equity and liabilities | 10/49 | €3,459,135 | €3,265,828 | -€193,308 | -5.6% |
| Equity | 10/15 | €596,751 | €397,829 | -€198,922 | -33.3% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €786,085 | €786,085 | = | 0.0% |
| Distributable reserves | 133 | €786,085 | €786,085 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€214,334 | -€413,256 | -€198,922 | -92.8% |
| Provisions and deferred taxes | 16 | €15,000 | €15,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €15,000 | €15,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €15,000 | €15,000 | = | 0.0% |
| Amounts payable | 17/49 | €2,847,384 | €2,852,999 | +€5,614 | +0.2% |
| Amounts payable after more than one year | 17 | €654,725 | €416,160 | -€238,565 | -36.4% |
| Financial debts | 170/4 | €654,725 | €416,160 | -€238,565 | -36.4% |
| Amounts payable within one year | 42/48 | €2,192,660 | €2,436,839 | +€244,179 | +11.1% |
| Current portion of amounts payable after more than one year | 42 | €200,791 | €251,180 | +€50,389 | +25.1% |
| Financial debts | 43 | €1,627,425 | €1,544,092 | -€83,333 | -5.1% |
| Credit institutions | 430/8 | €1,627,425 | €1,544,092 | -€83,333 | -5.1% |
| Trade debts | 44 | €45,862 | €330,041 | +€284,180 | +619.6% |
| Suppliers | 440/4 | €45,862 | €330,041 | +€284,180 | +619.6% |
| Taxes, remuneration and social security | 45 | €65,193 | €59,651 | -€5,542 | -8.5% |
| Taxes | 450/3 | €22,198 | €21,037 | -€1,161 | -5.2% |
| Remuneration and social security | 454/9 | €42,995 | €38,614 | -€4,381 | -10.2% |
| Other amounts payable | 47/48 | €253,388 | €251,874 | -€1,514 | -0.6% |
| Non-recurring operating income | 76A | €48,000 | - | -€48,000 | |
| Remuneration, social security and pensions | 62 | €327,530 | €314,885 | -€12,644 | -3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €195,349 | €197,358 | +€2,009 | +1.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €752 | - | -€752 | |
| Other operating charges | 640/8 | €11,846 | €16,118 | +€4,272 | +36.1% |
| Gross operating margin | 9900 | €334,297 | €440,041 | +€105,743 | +31.6% |
| Operating profit (loss) | 9901 | -€201,179 | -€88,320 | +€112,858 | +56.1% |
| Financial income | 75/76B | €16,194 | €3,398 | -€12,797 | -79.0% |
| Recurring financial income | 75 | €16,194 | €3,398 | -€12,797 | -79.0% |
| Financial charges | 65/66B | €153,648 | €113,882 | -€39,766 | -25.9% |
| Recurring financial charges | 65 | €153,648 | €113,882 | -€39,766 | -25.9% |
| Profit (loss) for the period before taxes | 9903 | -€338,632 | -€198,805 | +€139,827 | +41.3% |
| Income taxes | 67/77 | €135 | €117 | -€18 | -13.6% |
| Profit (loss) for the period | 9904 | -€338,768 | -€198,922 | +€139,846 | +41.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€338,768 | -€198,922 | +€139,846 | +41.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.