JADIN-DAMANET: what changed
JADIN-DAMANET
Largest movements
- Stocks and contracts +€33,564
up €33,564 (+34.6%), from €97,094 to €130,658
- Receivables within one year -€20,498
down €20,498 (-19.4%), from €105,745 to €85,247
of which Trade receivables: -€20,523
- Intangible fixed assets -€18,320
down €18,320 (-33.0%), from €55,578 to €37,258
- Tangible fixed assets -€13,252
down €13,252 (-9.8%), from €135,174 to €121,922
of which Furniture and vehicles: -€10,427
- Cash +€7,161
up €7,161 (+50.8%), from €14,086 to €21,246
mainly Depreciation (+€32,710) and Receivables within one year (+€20,498)
- Trade debts -€29,177
down €29,177 (-51.0%), from €57,184 to €28,007
- Tax, wage and social debts +€20,480
up €20,480 (+92.2%), from €22,203 to €42,683
of which Remuneration and social security: +€13,686
- Accrued charges and deferred income +€18,875
up €18,875 (+6,991%), from €270 to €19,145
- Current portion of long-term debt -€9,841
down €9,841 (-50.6%), from €19,464 to €9,623
- Debts after one year -€9,623
down €9,623 (-17.6%), from €54,548 to €44,925
- Staff costs +€34,973
up €34,973 (+134%), from €26,141 to €61,114
- Gross operating margin +€33,514
up €33,514 (+45.4%), from €73,804 to €107,318
- Depreciation +€4,907
up €4,907 (+17.6%), from €27,803 to €32,710
- Write-downs +€1,283
new in 2025: €1,283
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €410,670 | €399,036 | -€11,634 | -2.8% |
| Fixed assets | 21/28 | €190,752 | €159,981 | -€30,772 | -16.1% |
| Intangible fixed assets | 21 | €55,578 | €37,258 | -€18,320 | -33.0% |
| Tangible fixed assets | 22/27 | €135,174 | €121,922 | -€13,252 | -9.8% |
| Land and buildings | 22 | €87,910 | €87,910 | = | 0.0% |
| Plant, machinery and equipment | 23 | €8,249 | €5,424 | -€2,825 | -34.2% |
| Furniture and vehicles | 24 | €39,015 | €28,588 | -€10,427 | -26.7% |
| Financial fixed assets | 28 | - | €800 | +€800 | |
| Current assets | 29/58 | €219,918 | €239,056 | +€19,138 | +8.7% |
| Stocks and contracts in progress | 3 | €97,094 | €130,658 | +€33,564 | +34.6% |
| Stocks | 30/36 | €97,094 | €130,658 | +€33,564 | +34.6% |
| Amounts receivable within one year | 40/41 | €105,745 | €85,247 | -€20,498 | -19.4% |
| Trade receivables | 40 | €103,945 | €83,421 | -€20,523 | -19.7% |
| Other amounts receivable | 41 | €1,800 | €1,825 | +€25 | +1.4% |
| Cash at bank and in hand | 54/58 | €14,086 | €21,246 | +€7,161 | +50.8% |
| Deferred charges and accrued income | 490/1 | €2,994 | €1,905 | -€1,089 | -36.4% |
| Total equity and liabilities | 10/49 | €410,670 | €399,036 | -€11,634 | -2.8% |
| Equity | 10/15 | €164,211 | €169,531 | +€5,320 | +3.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €151,811 | €157,131 | +€5,320 | +3.5% |
| Amounts payable | 17/49 | €246,459 | €229,505 | -€16,954 | -6.9% |
| Amounts payable after more than one year | 17 | €54,548 | €44,925 | -€9,623 | -17.6% |
| Financial debts | 170/4 | €54,548 | €44,925 | -€9,623 | -17.6% |
| Amounts payable within one year | 42/48 | €191,641 | €165,435 | -€26,206 | -13.7% |
| Current portion of amounts payable after more than one year | 42 | €19,464 | €9,623 | -€9,841 | -50.6% |
| Trade debts | 44 | €57,184 | €28,007 | -€29,177 | -51.0% |
| Suppliers | 440/4 | €57,184 | €28,007 | -€29,177 | -51.0% |
| Taxes, remuneration and social security | 45 | €22,203 | €42,683 | +€20,480 | +92.2% |
| Taxes | 450/3 | €17,724 | €24,518 | +€6,794 | +38.3% |
| Remuneration and social security | 454/9 | €4,479 | €18,164 | +€13,686 | +306% |
| Other amounts payable | 47/48 | €92,790 | €85,122 | -€7,667 | -8.3% |
| Accrued charges and deferred income | 492/3 | €270 | €19,145 | +€18,875 | +6,991% |
| Remuneration, social security and pensions | 62 | €26,141 | €61,114 | +€34,973 | +134% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,803 | €32,710 | +€4,907 | +17.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,283 | +€1,283 | |
| Other operating charges | 640/8 | €2,433 | €2,613 | +€180 | +7.4% |
| Non-recurring operating charges | 66A | - | €348 | +€348 | |
| Gross operating margin | 9900 | €73,804 | €107,318 | +€33,514 | +45.4% |
| Operating profit (loss) | 9901 | €17,426 | €9,250 | -€8,176 | -46.9% |
| Financial income | 75/76B | €661 | €809 | +€148 | +22.4% |
| Recurring financial income | 75 | €661 | €809 | +€148 | +22.4% |
| Financial charges | 65/66B | €1,708 | €1,414 | -€293 | -17.2% |
| Recurring financial charges | 65 | €1,708 | €1,414 | -€293 | -17.2% |
| Profit (loss) for the period before taxes | 9903 | €16,379 | €8,645 | -€7,734 | -47.2% |
| Income taxes | 67/77 | €2,751 | €3,325 | +€573 | +20.8% |
| Profit (loss) for the period | 9904 | €13,628 | €5,320 | -€8,308 | -61.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,628 | €5,320 | -€8,308 | -61.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.