JADISO: 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.
JADISO
Largest movements
- Tangible fixed assets +€345,964
up €345,964 (+2,632%), from €13,144 to €359,108
of which Land and buildings: +€331,087
- Cash -€12,836
down €12,836 (-6.0%), from €212,401 to €199,565
mainly Investment in fixed assets (net) (-€364,032) and Contributions, distributions and other (-€51,352)
- Receivables within one year +€11,499
up €11,499 (+20.3%), from €56,621 to €68,120
of which Trade receivables: +€63,437
- Debts after one year +€229,903
new in 2025: €229,903
- Trade debts +€66,804
up €66,804 (+585%), from €11,427 to €78,232
- Tax, wage and social debts +€15,598
up €15,598 (+270%), from €5,775 to €21,373
- Current portion of long-term debt +€13,508
new in 2025: €13,508
- Reserves +€10,487
up €10,487 (+4.2%), from €247,448 to €257,935
- Gross operating margin +€39,521
up €39,521 (+50.5%), from €78,199 to €117,720
- Depreciation +€13,938
up €13,938 (+337%), from €4,130 to €18,068
- Financial charges +€8,565
up €8,565 (+7,377%), from €116 to €8,681
- Financial income -€4,879
down €4,879 (-69.0%), from €7,076 to €2,197
- Taxes +€3,689
up €3,689 (+14.9%), from €24,775 to €28,464
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 | €283,275 | €628,569 | +€345,295 | +122% |
| Fixed assets | 21/28 | €13,144 | €359,108 | +€345,964 | +2,632% |
| Tangible fixed assets | 22/27 | €13,144 | €359,108 | +€345,964 | +2,632% |
| Land and buildings | 22 | - | €331,087 | +€331,087 | |
| Furniture and vehicles | 24 | €7,574 | €4,767 | -€2,807 | -37.1% |
| Other tangible fixed assets | 26 | €5,570 | €23,254 | +€17,684 | +317% |
| Current assets | 29/58 | €270,130 | €269,461 | -€669 | -0.2% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €56,621 | €68,120 | +€11,499 | +20.3% |
| Trade receivables | 40 | €4,155 | €67,592 | +€63,437 | +1,527% |
| Other amounts receivable | 41 | €52,467 | €529 | -€51,938 | -99.0% |
| Cash at bank and in hand | 54/58 | €212,401 | €199,565 | -€12,836 | -6.0% |
| Deferred charges and accrued income | 490/1 | €1,108 | €1,776 | +€668 | +60.3% |
| Total equity and liabilities | 10/49 | €283,275 | €628,569 | +€345,295 | +122% |
| Equity | 10/15 | €266,048 | €276,535 | +€10,487 | +3.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €247,448 | €257,935 | +€10,487 | +4.2% |
| Distributable reserves | 133 | €247,448 | €257,935 | +€10,487 | +4.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €17,226 | €352,034 | +€334,808 | +1,944% |
| Amounts payable after more than one year | 17 | - | €229,903 | +€229,903 | |
| Financial debts | 170/4 | - | €229,903 | +€229,903 | |
| Amounts payable within one year | 42/48 | €17,226 | €122,131 | +€104,904 | +609% |
| Current portion of amounts payable after more than one year | 42 | - | €13,508 | +€13,508 | |
| Trade debts | 44 | €11,427 | €78,232 | +€66,804 | +585% |
| Suppliers | 440/4 | €11,427 | €78,232 | +€66,804 | +585% |
| Taxes, remuneration and social security | 45 | €5,775 | €21,373 | +€15,598 | +270% |
| Taxes | 450/3 | €5,775 | €21,373 | +€15,598 | +270% |
| Other amounts payable | 47/48 | €25 | €9,018 | +€8,994 | +36,605% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,130 | €18,068 | +€13,938 | +337% |
| Other operating charges | 640/8 | €2,334 | €2,864 | +€530 | +22.7% |
| Gross operating margin | 9900 | €78,199 | €117,720 | +€39,521 | +50.5% |
| Operating profit (loss) | 9901 | €71,736 | €96,788 | +€25,052 | +34.9% |
| Financial income | 75/76B | €7,076 | €2,197 | -€4,879 | -69.0% |
| Recurring financial income | 75 | €7,076 | €2,197 | -€4,879 | -69.0% |
| Financial charges | 65/66B | €116 | €8,681 | +€8,565 | +7,377% |
| Recurring financial charges | 65 | €116 | €8,681 | +€8,565 | +7,377% |
| Profit (loss) for the period before taxes | 9903 | €78,696 | €90,303 | +€11,608 | +14.7% |
| Income taxes | 67/77 | €24,775 | €28,464 | +€3,689 | +14.9% |
| Profit (loss) for the period | 9904 | €53,921 | €61,839 | +€7,918 | +14.7% |
| Profit (loss) for the period to be appropriated | 9905 | €53,921 | €61,839 | +€7,918 | +14.7% |
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 17 October 2026 via checked.be.