JADIS ET NAGUERE: 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.
JADIS ET NAGUERE
Largest movements
- Tangible fixed assets +€83,870
up €83,870 (+10.1%), from €829,566 to €913,436
of which Land and buildings: +€83,985
- Cash +€33,720
up €33,720 (+6,217%), from €542 to €34,262
mainly Other debts (+€205,675) and Depreciation (+€48,239)
- Other debts +€205,675
up €205,675 (+21.4%), from €960,229 to €1.2m
- Profit (loss) carried forward -€62,592
down €62,592 (-10.6%), from -€592,450 to -€655,043
- Debts after one year -€29,122
down €29,122 (-10.6%), from €274,880 to €245,758
of which Financial debts: -€29,122
- Depreciation -€23,845
down €23,845 (-33.1%), from €72,083 to €48,239
- Other operating charges +€13,206
up €13,206 (+363%), from €3,643 to €16,849
- Gross operating margin -€6,962
down €6,962 (-37.9%), from €18,392 to €11,430
- Financial charges -€5,155
down €5,155 (-36.6%), from €14,090 to €8,935
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 | €832,577 | €959,322 | +€126,744 | +15.2% |
| Fixed assets | 21/28 | €829,566 | €913,436 | +€83,870 | +10.1% |
| Tangible fixed assets | 22/27 | €829,566 | €913,436 | +€83,870 | +10.1% |
| Land and buildings | 22 | €825,715 | €909,700 | +€83,985 | +10.2% |
| Plant, machinery and equipment | 23 | €983 | €1,672 | +€689 | +70.1% |
| Furniture and vehicles | 24 | €2,868 | €2,064 | -€804 | -28.0% |
| Current assets | 29/58 | €3,011 | €45,886 | +€42,874 | +1,424% |
| Amounts receivable within one year | 40/41 | €1,522 | €10,981 | +€9,459 | +622% |
| Trade receivables | 40 | €883 | €9,311 | +€8,428 | +954% |
| Other amounts receivable | 41 | €639 | €1,670 | +€1,031 | +161% |
| Cash at bank and in hand | 54/58 | €542 | €34,262 | +€33,720 | +6,217% |
| Deferred charges and accrued income | 490/1 | €947 | €642 | -€304 | -32.2% |
| Total equity and liabilities | 10/49 | €832,577 | €959,322 | +€126,744 | +15.2% |
| Equity | 10/15 | -€442,450 | -€505,043 | -€62,592 | -14.1% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€592,450 | -€655,043 | -€62,592 | -10.6% |
| Amounts payable | 17/49 | €1,275,028 | €1,464,364 | +€189,336 | +14.8% |
| Amounts payable after more than one year | 17 | €274,880 | €245,758 | -€29,122 | -10.6% |
| Financial debts | 170/4 | €124,880 | €95,758 | -€29,122 | -23.3% |
| Other amounts payable | 178/9 | €150,000 | €150,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,000,148 | €1,217,976 | +€217,828 | +21.8% |
| Current portion of amounts payable after more than one year | 42 | €25,388 | €29,122 | +€3,734 | +14.7% |
| Trade debts | 44 | €14,531 | €22,950 | +€8,419 | +57.9% |
| Suppliers | 440/4 | €14,531 | €22,950 | +€8,419 | +57.9% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €960,229 | €1,165,904 | +€205,675 | +21.4% |
| Accrued charges and deferred income | 492/3 | €0 | €630 | +€630 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,083 | €48,239 | -€23,845 | -33.1% |
| Other operating charges | 640/8 | €3,643 | €16,849 | +€13,206 | +363% |
| Non-recurring operating charges | 66A | €75 | €0 | -€75 | -100% |
| Gross operating margin | 9900 | €18,392 | €11,430 | -€6,962 | -37.9% |
| Operating profit (loss) | 9901 | -€57,409 | -€53,658 | +€3,751 | +6.5% |
| Financial income | 75/76B | €7 | €0 | -€7 | -100% |
| Recurring financial income | 75 | €7 | €0 | -€7 | -100% |
| Financial charges | 65/66B | €14,090 | €8,935 | -€5,155 | -36.6% |
| Recurring financial charges | 65 | €14,090 | €8,935 | -€5,155 | -36.6% |
| Profit (loss) for the period before taxes | 9903 | -€71,491 | -€62,592 | +€8,899 | +12.4% |
| Profit (loss) for the period | 9904 | -€71,491 | -€62,592 | +€8,899 | +12.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€71,491 | -€62,592 | +€8,899 | +12.4% |
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 20 October 2026 via checked.be.